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Wells said slowing loan growth had hurt its aggressive efforts to lower its efficiency ratio, so it is doubling the expenses it aims to cut by 2019.
May 11 -
An upcoming release of Android Pay may have a biometric facial recognition component named “Visual ID," according to a recent teardown of the app. This functionality could open up numerous possibilities for merchants.
May 11 -
The good news: SBA lending is going gangbusters and business owners are optimistic about growth prospects and their ability to access credit. The not-so-good news: Many firms are still not particularly interested in borrowing and startups are not the engines of job creation they once were.
May 11 -
There's been a lot of regulation against interchange fees, but there are some signs of easing in both the U.S. and U.K.
May 11
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Noah Breslow, who drew opposition from a hedge fund that wants the online small-business lender to pursue a new course, won 84% of the vote Tuesday.
May 10 -
The U.S. Chamber of Commerce and Union Bank urged the Consumer Financial Protection Bureau on Wednesday to narrow its approach to collecting data on small-business lending, fearing it could add costs and compliance burdens.
May 10 -
Transactions register to driver's license plate to allow real-time updates to be sent to parking enforcement officers.
May 10 -
Waste haulers of all sizes are increasingly shifting to accepting credit card payments and are in need of technology support to do so.
May 10 -
The recent earnings season shined a light on community bankers’ tactical moves. Here’s a look at what some institutions are planning in coming months.
May 10 -
After a bogus-accounts scandal spooked new clients and crimped profitability, Wells Fargo may eliminate more branches and dismiss staff.
May 10











