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Some customers have complained of limits being slashed by one-third to two-thirds, eroding their ability to borrow in an emergency during a pandemic or potentially hurting their credit scores.
August 28 -
All parts of the payments industry can preserve cash, but mandates may be necessary, says Moorwand's Luc Geuriane.
August 28
Moorwand -
Some customers have complained of limits being slashed by one-third to two-thirds, eroding their ability to borrow in an emergency during a pandemic or potentially hurting their credit scores.
August 28 -
The company will use Savoy's midtown Manhattan office to coordinate business development efforts around the city.
August 28 -
Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.
August 28 -
Branches in the Gulf Coast region largely avoided massive flooding. Now bankers must assess the impact on employees and customers.
August 27 -
New analysis from S&P found that only two of the of the top 20 credit unions that participated in the Paycheck Protection Program loans had assets of less than $1 billion.
August 27 -
Both the Federal Housing Finance Agency and Federal Housing Administration are extending relief for homeowners and renters due to the pandemic crisis.
August 27 -
A historic charter award defines a new beginning for digital banking, Varo Money becomes the first consumer fintech in US history to gain full regulatory approval to become a national bank
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Institutions serving colleges and universities traditionally see membership surge in the fall, but are now planning for a decline as classes move online.
August 27









