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The bank and insurance company for military members accused Truist Financial of infringing on the technology it claims it invented that allows the use of regular mobile devices to capture and transmit checks.
August 3 -
Toronto-Dominion Bank is looking to bolster its stateside capital markets business with the acquisition of Cowen. The deal comes even as the Canadian banking giant awaits approval of another merger that would make it a top-six U.S. bank.
August 2 -
The day after the Federal Open Market Committee's next meeting we will analyze the increase and the signals about what rate hikes may be coming.
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Even though delinquency rates were previously at extremely low levels, the recent uptick among poorer consumers is worth monitoring, New York Fed researchers said.
August 2 -
Researchers recently described a scheme that allows affiliates to buy access to phishing materials. The case provides an insight into the methodical nature of some cybercrime.
August 2 -
The Massachusetts bank used data analytics to improve onboarding, cross-sell more effectively and prevent attrition.
August 2 -
The payment processor is an early user of Apple's smartphone payments capability, which provides a DIY option for retail workers, but doesn't necessarily cover all merchants in all use cases.
August 2 -
As the industry manages high turnover, more companies are expressing dissatisfaction. Among firms that switch to a new bank, the previous bank's lack of knowledge about their business is an increasingly common reason, according to a recent survey.
August 1 -
The San Francisco megabank plans to reinstate guidance that drew scrutiny following revelations that women and nonwhite candidates were interviewed for jobs that had been reserved for someone else.
August 1 -
Join Synchrony CIO Bess Healy and in a discussion about how the bank built a successful artificial intelligence program that handles about 17 million conversations a year — and may soon take its talents into the metaverse.
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It is essential to place the central focus on race, to bring nondepository mortgage lenders under the Community Reinvestment Act umbrella and to address bias in home appraisals.
August 1
George Washington University -
JPMorgan Chase CEO Jamie Dimon and other big-bank chief executives have been speaking about how they plan to manage higher capital requirements following the Federal Reserve’s recent stress tests.
July 31 -
Banks that need to fill large volumes of jobs increasingly let AI decide who’s in and who’s out, based on analysis of digital resumes and video interviews. Algorithms can take a more inclusive and less biased view of candidates, but experts say there are several things to watch out for.
July 29 -
As competition tightens in the buy now/pay later arena, fintechs including Klarna, Afterpay and Zilch are upgrading perks to keep consumers from straying to their rivals.
July 29 -
A combination of higher organic loan growth and fee-based revenue streams powered top-performing banks in 2021.
July 29
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Our annual ranking of banks looks at the metrics that matter.
July 28 -
The top 20 banks with assets of $2 billion to $10 billion outshined their peers in loan and revenue growth while maintaining pristine credit quality in 2021, according to a new ranking. Can they do the same this year as recession clouds gather?
July 28 -
State Bankshares in North Dakota was the top performer in the $2 billion to $10 billion asset class in 2021, according to Capital Performance Group. Strong commercial lending, a national mortgage business as well as regional wealth management and insurance units offer diverse sources of growth, a company executive says.
July 28 -
Bank of America, BNY Mellon and Citi invested $20 million in Genesis Global, a company that helps financial markets organizations develop applications through its low-code platform.
July 28 -
Though a handful of banks have adopted overdraft fee reforms, a great many consumers still need the protection that legislation targeting abusive practices would provide, writes a staff attorney for the National Consumer Law Center.
July 28























