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In September, loan balances grew at a slower pace than a year earlier, according to the latest trends report from CUNA Mutual.
November 22 -
The payments company has loaned $5.5 billion to 275,000 small businesses, thanks to a data-driven process free from human interaction.
November 22 -
Rep. Katie Porter, D-Calif., wants details about refunding "hundreds of millions of dollars" in fees improperly charged on checking accounts. Wells has acknowledged the potential problem but hasn't estimated how much it owes.
November 22 -
The move will allow MVB to devote more resources to Northern Virginia and its fintech business.
November 22 -
The Peach State is the latest to offer gamified savings programs as an incentive to draw in deposits and improve consumers' behavior.
November 22 -
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
November 22 -
APIs need to be designed with features such as defenses, proper authentication, batching, and throttling in mind, says Shape Security's Jarrod Overson.
November 22
Shape Security -
Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.
November 22 -
Walmart Inc.’s Jet subsidiary is ending its fresh-food delivery business just a year after introducing the service in New York City, another sign that the urban-focused site is scaling back.
November 22 -
A recent bill would require financial institutions to provide data on suspicious firearms transactions as part of anti-money laundering efforts.
November 22 -
A more practical approach for U.S. regulators on whether to bring fintechs into the banking fold might be "better the devil you know than the devil you don’t."
November 22
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Banks’ third-party technology providers may face increased scrutiny; Rep. Porter wants more data about "confusing" checking account fees.
November 22 -
PBoC forms new standards for blockchain; Apple Wallet expands for London transit; and other information you need to start your day, from PaymentsSource and around the web.
November 22 -
Once signed up, customers expect a smooth enrollment and onboarding experience, too, regardless of the channel, says Intelledox's Neal Keene.
November 22Intelledox -
Bank of America Chief Executive Officer Brian Moynihan said the U.S. has no need for negative interest rates because its economy is strong, unlike other regions that have employed the tricky strategy.
November 21 -
A recent bill would require banks to provide data on suspicious firearms transactions as part of anti-money-laundering efforts.
November 21 -
Readers react to the FDIC's proposal allowing banks to hire ex-cons, regulators looking into climate-change risk at banks, whether rewards programs drive loyal customers and more.
November 21 -
The Clearing House argues that participants in payments transactions could share far more invoice information over its real-time network.
November 21 -
A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.
November 21 -
Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.
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