- AB - Technology
The Providence, R.I., bank partners with tech companies like Apple and Microsoft, it has 25 fintech partnerships and it rewards employees for new ideas, says CEO Bruce Van Saun.
April 14 -
The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.
April 14 -
Mastercard is updating the requirements it sets for banks that process payments for sellers of adult content.
April 14 -
Heritage Southeast Bank in Georgia will become the latest community bank to stop paying federal taxes when it merges into VyStar Credit Union later this year. It's time for Congress to investigate this consolidation trend and its impact on taxpayers.
April 14
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Net income was boosted by a $1.6 billion release of loan-loss reserves.
April 14 -
Fees from investment banking and larger-than-expected reserve releases more than offset a sharp drop in loan volume.
April 14 -
JPMorgan Chase reports first-quarter results; proposed corporate tax hike could boost infrastructure and other tax-advantaged lending.
April 14 -
The growth in e-commerce has opened new avenues for crooks, with better tech, compliance and educated consumers needed, says Ecommpay's Paul Marcantonio.
April 14
Ecommpay -
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The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.
April 14 -
The company will give retail account holders 24 hours to cancel upcoming payments that would put them in the red. The move addresses customers’ top gripe and will have benefits that offset the lost income, executives say.
April 13 -
The nine-year-old service predates the payments-oriented fintechs that have become popular in recent years.
April 13 -
The South Carolina credit union has pivoted to an open-concept model that allows for social distancing, along with a walk-up window to serve members outside the branch if lobby access is restricted for any reason.
April 13 -
The company agreed to pay a $750,000 to address claims it steered consumers into high-cost loans from affiliated lenders. It will also reimburse consumers $646,000 in fees.
April 13 -
As the World Council of Credit Unions and its Worldwide Credit Union Foundation work to advance cooperative finance around the globe, one of the industry's biggest players has committed to matching donations up to $1 million.
April 13 -
The San Francisco company has now backed 11 minority-owned banks as part of a $50 million pledge it announced last year.
April 13 -
Ally, Huntington, KeyBank and others are reimagining automated savings tools challenger banks have made popular.
April 13 -
The Consumer Financial Protection Bureau's revocation of a Trump-era policy on abusive practices could mean higher fines and penalties for violators. But it still isn't clear what makes a practice abusive.
April 13 -
The Michigan-based institution has positioned itself for additional growth by making it easier to qualify for membership.
April 13 -
When it was launched a year ago, the program was criticized for glitches and a focus on larger borrowers. Since then technical improvements have been made, smaller loans have been prioritized, and other changes favored by lenders have been implemented.
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