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Nadine Chakar will take the helm at Securrency from current CEO Dan Doney, who will become chief technology officer.
January 5 -
The rise of legalized online sports betting has pushed the payments industry to create some of its stiffest defenses against scams.
January 5 -
The top five have over five billion dollars in total loans and leases as of June 30, 2022.
January 5 -
Minority depository institutions have limited budgets and staff to upgrade their technology. Some are turning to secondment programs and like-minded fintechs to tackle these problems.
January 4 -
A new app for people with a criminal past and a challenger bank "of immigrants for immigrants" are among the neobanks forging their own path in the banking world.
January 4 -
Many in Utqiagvik, Alaska, say they like banking with the country's fourth-largest bank. But they also want more banking options in their town, a reality that rural communities across the United States face.
January 3 -
The Mississippi bank would take a big hit to capital and income but avoid the risk of a bigger payout from a guilty verdict in litigation against banks that did business with Allen Stanford's disgraced financial empire.
January 3 -
The rate of venture funding to startups run by women continues to decline.
January 3 -
The Consumer Financial Protection Bureau's new unit will identify the root causes of recurring violations and find ways to hold companies accountable.
January 3 -
Truist CIO Ken Meyer and other bank leaders are seeing the chance to hire engineers, developers and data scientists.
December 30 -
Northeast Bank in Portland is putting capital earned from the Paycheck Protection Program to use, purchasing $1.1 billion of loans and launching a small-dollar Small Business Administration lending program.
December 30 -
The industry is taking lessons from instant point-of-sale lenders to help homeowners embarking on major projects.
December 30 -
Digital banking apps such as Daylight, Greenlight and Re:start are helping their customers do more than stash paychecks and save for the future.
December 29 -
The fintech is working with third-party marketplaces and similar partners to deliver its newest services, rather than try and sell directly to end users.
December 29 -
After a slow start, the Federal Reserve got its efforts to combat runaway inflation up to speed quickly, implementing tightening monetary policy at the fastest rate seen in decades. Here's a hike by hike breakdown.
December 28 -
The 23 CEOs on this list run banks and credit unions and are on our Most Powerful Women in Banking, Most Powerful Women to Watch, and Most Powerful Women in Credit Unions.
December 28 -
Federal agencies' complaints against FTX's leaders have led to scrutiny of the banks it worked with. While it's unlikely the bankers will be held accountable for the cryptocurrency exchange's wrongdoing, the case could make it more difficult any bank that wants to work with crypto-related businesses.
December 28 -
Your best future employees aren't looking for banking jobs. Successful hiring requires actively seeking out talent.
December 28
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At the start of 2022, banks sat atop a flood of deposits. But as the year progressed, they faced greater pressure to pay higher rates, and the trends that drove the rapid shift show no signs of abating.
December 28 -
The pandemic-era's surge of short-term, interest-free online loans from buy now/pay later fintechs ignited wide-ranging competition from newcomers and legacy providers alike.
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