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A centralized platform that validates loan and borrower data and tracks ownership of marketplace loans could prevent fraudulent activities and help investors regain confidence.
July 7
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Fewer transactions are taking places in branches but banks brick-and-mortar locations are more important than ever.
July 7
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Wintrust Financial in Rosemont, Ill., has agreed to buy First Community Financial in Elgin, Ill.
July 7 -
The sharp fall in gas prices early this year helped U.S. consumers to stay current on their credit obligations during the first quarter.
July 7 -
On the day Maurice Spagnoletti was murdered, his black Lexus sedan was full of balloons. It was June 15, 2011, the day before his wife's birthday, and he was planning a celebration.
July 6 -
Reports from the big three credit bureaus do not include information about payday loans, but a CFPB proposal figures to shake up that arms-length relationship.
July 6
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The feature allows users to request cryptographic signatures by more than one user a device or institution to validate a transaction. The idea is that bad or malicious actors would have to breach multiple machines to transact on one user's behalf, Ripple said in a blog post.
July 6 -
As banks develop their customer digital banking channels it's increasingly clear mobile devices are the glue that will bring different experiences together. But there's one problem: mobile banking hasn't even really taken off yet.
July 6
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U.S. Bank was unusual in making users pay for real time person-to-person payments on Early Warning's clearXchange, a practice it's ending as other banks start to offer free transactions on the same network.
July 6 -
Community banks are stepping up efforts to raise cheap capital to fuel loan growth, make acquisitions and redeem pricier sources of funds.
July 6
