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The bank’s AI-driven virtual assistant, which lets people quickly search transactions and cancel subscriptions and other recurring charges, was an instant hit. But BofA will have to take a number of steps to sustain erica's early momentum.
June 13 -
Most lenders are staying the credit bureau course in underwriting but some are mulling changes, particularly when it comes to marketing.
June 13 -
Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch.
June 13 -
Acting CFPB Director Mick Mulvaney had sided with two industry trade groups that sued the CFPB in April to invalidate the tough restrictions.
June 13 -
A new report sees credit unions making significant gains in overdraft income as banks and thrifts shift their focus away from single-service customers who only want checking accounts.
June 13 -
Park Financial has agreed to buy shares from one of the founders of Mesaba Bancshares.
June 13 -
From YouTube test drives to subscription services, auto lending isn’t what it used to be – and credit unions need to ensure they’re keeping up with the times.
June 13 -
The company will gain 10 branches and $145 million in loans after it buys Gideon Bancshares.
June 13 -
The company, which has completed eight acquisitions since 2015, agreed to buy City Bank and Trust in Oklahoma.
June 13 -
Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business.
June 12












