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With users now able to buy a blue verification badge for $8, parody accounts are on the rise — and so are the risks of fraud and impersonation.
November 16 -
Visa is working with online travel agencies to promote the use of virtual cards and tokens to streamline payments, refunds and add-ons.
November 16 -
Banks that offer a wide array of products and services are confronting extraordinary challenges. They aren't doomed, however.
November 16
McKinsey & Co. -
Since the start of the month, the San Francisco-based bank has announced the addition of three wealth management teams — one each from Merrill Lynch, JPMorgan Chase and Wells Fargo.
November 15 -
Simpler and more inclusive application processes are helping these lenders address the pain points that underserved borrowers encounter at other institutions.
November 15 -
The acquisition will add $8 billion of assets under management to the Illinois bank's wealth subsidiary. It marks another example of U.S. banks bolstering their wealth management businesses in a bid to collect more fee income.
November 15 -
Tools used by financial regulators to gauge the impact of climate change on the financial system are probably underestimating the potential damage because of incomplete data and inadequate scenario analyses, according to Financial Stability Board, a watchdog group.
November 15 -
Goldman Sachs Group paid out well over $12 million to a veteran executive who complained internally about a toxic workplace for women in the highest echelons of Wall Street's most prestigious firm.
November 15 -
Ninety institutions made American Banker's 10th annual list of the Best Banks to Work For. Here are insights about communication, leadership, culture and more from executives at this year's honorees.
November 15 -
Bank of America, JPMorgan Chase and other institutions — including more than two-thirds of honorees that made the Best Banks to Work For — show no let-up in their commitment to add transitioning service personnel. In fact, they're expanding their reach to include military spouses.
November 15 -
Highly acquisitive banks that pack on assets without sacrificing employee morale pepper American Banker's annual Best Banks to Work For rankings.
November 15 -
Synthetic-ID scammers can use the same techniques they honed for stealing from banks to target consumers facing economic hardships.
November 14 -
Onward, an app that recently raised a Series A from investors that include Citi Ventures, helps separated and divorced parents transparently share expenses and pay each other back in one spot.
November 14 -
JPMorgan Chase is expanding beyond acquiring in the Canadian small-business market, where it will have to rely on new technologies to be competitive.
November 14 -
The Infrastructure Investment and Jobs Act provides billions in grants for state and local governments. The challenge now is how quickly and effectively they can spend it amid an inflation–fueled rising–rate environment.
November 14 -
The quickly shifting deposit picture — an effect of the Federal Reserve's rapid interest rate increases — is prompting many banks to raise rates to prevent depositors from leaving. Several institutions saw their loan-to-deposit ratios jump above 100% during the third quarter.
November 13 -
Incumbent Senate Banking Committee member Catherine Cortez Masto, D-Nev., narrowly won reelection Saturday night in a victory that will have significant implications for the Biden administration's policy agenda.
November 13 -
Women board members affiliated with Wells Fargo, S&P Global and Moelis shared advice for getting onto boards successfully at American Banker's Most Powerful Women in Banking conference.
November 11 -
Choices of which homes are used for comparisons play a major role in disparate home valuations for Black and white homeowners, according to studies recently released by the National Community Reinvestment Coalition and academic researchers.
November 11 -
Biometric payment cards, contactless smart-rings and a virtual marketplace created by Meta are among the latest developments in payments technology.
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