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Regulators are working to reform the rule regardless of whether a House provision streamlining authority for it is approved.
April 16
American Banker -
Despite catastrophic disruption, the taxicab industry—and the lenders that serve it—are still alive. Here's how one medallion lender is moving forward.
April 16
Progressive Credit Union -
Contractor invoices are sent up a long string of approvals and payment is sent back down that long string before they are ultimately paid, writes Will Mitchell, co-founder and CEO of Contract Simply.
April 16
Contract Simply -
Expanding SBA funding and providing additional Community Reinvestment Act credit could help boost female entrepreneurs.
April 16
Invest in Women Entrepreneurs Initiative -
Financial institutions in the U.S. are not only under tremendous pressure to determine how they’ll become a part of the new Federal Reserve-driven faster payments ecosystem, but also what the shift to immediacy will mean to their current operating model, long-term strategy, and future relevance to consumers and corporates, writes Bruce Lowthers, COO at FIS.
April 16
FIS -
Suggestions that Republicans are working to unwind Dodd-Frank could indicate a vote on a bipartisan regulatory relief bill is near.
April 13
American Banker -
Amber Baldet is exiting JPMorgan Chase to start her own venture, and another female executive is taking charge of the blockchain effort. BofA makes major progress on digital mortgages and gets gun-shy after Parkland. Plus, GM’s one-sentence dress code.
April 13
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Developers will struggle to create apps that can be used seamlessly across institutions unless banks can learn to share programming data in a consistent way.
April 13
Accenture -
It wouldn't be a stretch to say the legislative process surrounding regulatory relief for credit unions is akin to a political game of "Battleship."
April 13
America's Credit Unions -
Regulators should revise existing rules to encourage banks to offer short-term loans to customers who run into financial emergencies.
April 13