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It is a frustrating reality during a time of national crisis that emergency payment options for vulnerable populations remain such a complex and inefficient landscape, says Flourish Ventures' Sarah Morgenstern.
November 4
Flourish Ventures -
Wells Fargo, JPMorgan Chase and others cut back on 7(a) lending to focus on originating Paycheck Protection Program loans. Smaller banks such as Live Oak and Byline gained market share by targeting niche industries and originating bigger loans.
November 3 -
While many companies and organizations try, diversity and inclusion efforts within the financial services have generally failed. What needs to be done in order to succeed? Join us for a panel discussion featuring guests from the Access Denied: Systemic Racism in Financial Services podcast.
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Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race.
November 3 -
Women suing Goldman Sachs Group for gender discrimination are going after any internal documents with words like “babe,” “bimbo” or worse that they say would show bias by executives who administered the bank’s promotion and evaluation policies.
November 3 -
The two banks are among those deploying advanced analytics to give customers advice before they may even know they need it.
November 3 -
Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race.
November 3 -
Atlanta-based Bluefin has won $25 million in funding to develop new services and expand its reach.
November 3 -
São Paulo, Brazil-based payments fintech Conductor Technology has raised $150 million in a private equity round led by Viking Global Investors.
November 3 -
The company said one of its regulators may impose a civil money penalty related to compliance deficiencies in its advisory business and other areas. The matter echoes a recent fine imposed on Citigroup, one expert says.
November 3 -
A new service from NCR aims to reduce surface transmission of the coronavirus through the application of an antimicrobial cleaning product that kills germs.
November 3 -
A deal bringing Charleston County Teachers Federal Credit Union into the fold is South Carolina Federal’s third acquisition of 2020.
November 3 -
Giant banks have racked up more than $4 billion in U.S. penalties in a wave of settlements weeks before the presidential election. That says a lot about an industry that once vowed to behave after the 2008 financial crisis — and about the regulatory risks it sees ahead.
November 3 -
Changing regulations mix and uncertain access to international talent are among the potential challenges, but both sides favor fintech--in their own way, says QED Investors' Nigel Morris.
November 3
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The Shanghai stock exchange will suspend Ant Group Co.’s $35 billion IPO after Jack Ma was called in for “supervisory interviews" with Chinese regulatory agencies.
November 3 -
Michael Moeser, Senior Analyst at PaymentsSource, talks to Alex Fisher, Vice President of Retail at Afterpay, an Australian company, about the factors behind the growth of the global 'buy now, pay later' market.
November 3 -
The company is looking to tap into a surge of homebuying tied to historically low interest rates.
November 3 -
Anand Selva will succeed incoming CEO Jane Fraser in her former role; the bank said Brad Hu is leaving on his own terms but his department has been under fire from regulators.
November 3 -
A look at how credit unions and the industry at large have intersected with the 2020 election.
November 3 -
States have led the way on fintech rules, but a Democratic-led government would take a stronger role, says DailyPay's Matthew Kopko.
November 3
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