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Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.
May 7
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Cushion uses AI to help consumers negotiate refunds of overdraft and other fees. But it argues there's a bank play in its technology if bankers take the long view.
May 7
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The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
May 7
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The central bank said that while financial markets' desire for higher yields raises the potential for losses, capital and liquidity safeguards temper any concerns about a looming crash.
May 7
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Triad Business Bank adds to the list of de novo efforts taking place in the state.
May 7
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The Atlanta company reported a first-quarter revenue increase of 22%, and it has established a more aggressive target for the full year.
May 7
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Payment acceptance and secure authorization software provider myPINpad is partnering with payments aggregator Clik in Southeast Asia to offer merchants PIN-based security on mobile devices.
May 7 -
Small business owners using Square's payments platform and business tools may soon be asking "Elle" for assistance with customers.
May 7
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Caving to pressure from lawmakers who recently cracked down on stores that eschew cash, Amazon has altered its business model to accept cash at its newest Amazon Go convenience stores and bookstores.
May 7
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Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.
May 7
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The long-awaited proposal includes safe harbors to protect collectors from getting sued, but would restrict phone collection attempts and allow borrowers to opt out of receiving other communications.
May 7
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The Pittsburgh bank says it is selling the assets to Federated Investors to focus its PNC Capital Advisors unit on providing outsourced services.
May 7
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A proposal to give the Consumer Financial Protection Bureau jurisdiction over credit unions with $10 billion or more of assets has sparked a war of words between the longtime foes.
May 7
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The credit union industry has announced a number of moves, including a state league naming a new board and welcoming members to its hall of fame.
May 7
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Using AI to verify receipts alleviates the need for auditors to aimlessly review every single receipt submitted within an expense report, says Travis Andrade, a senior product manager at AppZen.
May 7
AppZen -
The collaboration will include establishing an i3 presence at CU Direct's Irvine, Calif., campus.
May 7
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More businesses are converting to electronic documents and management tools to streamline operations and cut costs, but those upgrades often skip the last part of that journey — how to accept B2B payments in a digital economy.
May 7
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A GSE exemption in the bureau’s “qualified mortgage” rule is set to sunset in 2021, and regulators should not try to extend it as some experts have suggested.
May 7
American Enterprise Institute -
After quiet experiments, Citigroup is expanding perks designed for credit cards to encourage sales of other banking products.
May 7
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Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.
May 7
