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Community banks that expanded student lending to improve earnings are discovering why their larger brethren have backed off from the business: servicing and compliance challenges abound.
May 3
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More lenders are willing to make second-lien loans because of hot demand and greater yield, even as regulators warn against risks in the leveraged-lending market.
May 3
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Big banks and regionals have been pounded by denial of service attacks but small banks less so. Bank Technology News staffers discuss what community bankers should do to prepare for the risk that cyber-criminals will target them next.
May 3
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The banking industry's pace of expansion accelerated in March after bankers reported more activity in auto lending and mortgages.
May 3 -
Instead of downsizing, banks should reposition big branch networks to protect their ground from nonbanks and tech companies trying to infiltrate the financial services space.
May 3
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Flagstar Bancorp (FBC) in Troy, Mich., will pay $110 million to settle allegations that it misrepresented the quality of more than $1 billion of private label mortgage-backed securities it sold to investors.
May 3 -
Two deals lifted First Community Bancshares in Bluefield, Va., in the first quarter.
May 3 -
RentPaidOnline (RPO), an online payment service for property managers, and mobile commerce provider Spindle are partnering to develop a mobile version of RPO’s portal.
May 3 -
When the latest "As Seen on TV" must-have gadget appears on-screen, consumers may someday be able to make the first of their payments by pressing a few buttons on their remote control. It may seem far-fetched, but it's a future that Ingenico chairman and CEO Philippe Lazare says is well within reach.
May 3 -
Flash Valet, which uses mobile technology to facilitate payments for valet service providers, is creating a companion mobile app for consumers.
May 3
