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Social networking giant Facebook is already a half-billion dollar payment company. For banks, that presents threats and opportunities.
February 10
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Banks have been successful at beating back legal challenges to credit card payment protection plans. The Consumer Financial Protection Bureau could change that.
February 9
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The Obama administration rolled out details of a new plan to help millions of homeowners refinance. For banks, the big question is how much of the tab they'll be required to pick up.
February 8
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Bankers are up in arms over the fact that a Congressional oversight has raised doubts about whether documents submitted to the Consumer Financial Protection Bureau will retain attorney-client privilege.
February 7
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JPMorgan Chase has tentatively agreed to pay $110 million over allegations that it charged customers excessive overdraft fees. Editors discuss the deal's importance to the other banks trying to settle overdraft claims.
February 6
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The nation's largest banks are pulling back from buying mortgages, with grim implication for small originators and the housing market.
February 3
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The prepaid card company plans to offer traditional bank accounts. Its target market goes well beyond the underbanked.
February 2
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President Obama unveiled a new home refinancing plan during his State of the Union address. So far it is short on details and looks destined to fare no better than its predecessors.
February 1
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A new services-oriented architecture standard for banks could help them ease integration projects and save money. We talk to Hans Tesselaar, Executive Director of the Banking Industry Architecture Network, and Gartner analysts Mary Knox and Don Free about the SOA standard and what it could accomplish.
February 1
