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There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.
September 18 -
The launch of the products comes more than a year after Capital One wrested the Walmart partnership from Synchrony Financial.
September 18 -
Despite concerns over how regulatory requirements affect short-term funding markets, the central bank is not considering a reduction in the liquidity coverage ratio, Jerome Powell said.
September 18 -
Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.
September 18 -
Marji Hughes is leading the California-based institution on a temporary basis as the board searches for its next CEO.
September 18 -
The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.
September 18 -
The big payment processor/bank technology mergers that were announced early this year are officially closing, setting the stage for complicated conversions and a fierce battle for customer share.
September 18 -
The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.
September 18 -
Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks.
September 18 -
Arguing more work is needed in the wake of new security protocols, Nets will team with KPMG to jointly develop machine learning-powered fraud monitoring and prevention.
September 18 -
The mortgage industry has put more emphasis on organizing data in a digital manner and presenting it in an easily digestible format.
September 18 -
To eke out growth in the mature payments terminal market, Square is taking its newest NFC-enabled hardware to markets outside the U.S. with heavy contactless card penetration, where some merchants are likely to be behind the technology curve.
September 18 -
The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan.
September 18 -
Nitin Mhatre of Webster Financial explains why the Consumer Bankers Association — whose members want a bigger piece of the student lending market — backs legislation that would make the federal government tell borrowers how much they will ultimately owe, as private lenders are already required to do.
September 18 -
As the industry considers a movement-wide focus on diversity and inclusion, some at the annual Inclusiv conference say there are opportunities for credit unions to better serve immigrants and have more diverse staffs.
September 18 -
MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.
September 18 -
A successor to Janet Bantz, who has led the Indiana-based institution since 1989, has been selected but not formally announced.
September 18 -
As the tech giant restructures and reinvents its current lending program, it must take advantage of this increased access to borrowers’ banking data to strengthen and inform its lending decisions, writes Become's Eden Amirav.
September 18
Become -
In a sign of how much Walmart Inc. is betting on e-commerce, the retailer’s revamped credit-card program with Capital One Financial Corp. offers better rewards for online shopping and checking out with its mobile app.
September 18 -
The company will pay $29 million for Cornerstone Financial Services.
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