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As management teams meet to set their priorities, there is a range of issues, including consolidation, cybersecurity and succession planning, that will likely come up.
July 31
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Banks submit millions of Bank Secrecy Act filings each year, yet only a fraction are valuable to law enforcement.
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Community banks shouldn’t wait for the Fed to create a new real-time payments rail when consumers are already flocking to other options.
July 31
Cape Cod Five Cents Savings Bank -
The Arkansas company will pay $434 million for Landrum Co., which also has branches in Oklahoma and Texas.
July 31
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The hack prompts renewed concerns about security of data held in the cloud; lawmakers acknowledge that Facebook’s proposed Libra cryptocurrency could have applications for law enforcement.
July 31
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The Boulder, Colo.-based institution will now serve a dozen counties in its home state.
July 31
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Financial institutions welcome regulatory feedback on their fintech offerings, but the industry wants the agency to waive enforcement for approved products.
July 30
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The Louisiana company will pay $15 million in cash for Bank of York.
July 30
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Building off the popularity of its personal financial management tool, HelloWallet, the Cleveland bank is now offering in-person financial checkups as a way to deepen customer relationships.
July 30
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The Delaware company, best known for issuing prepaid cards, has ramped up commercial real estate securitizations. The shift promises to deliver big fees, but it could also cause headaches if defaults spike.
July 30
