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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 collaboration will include establishing an i3 presence at CU Direct's Irvine, Calif., campus.
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
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Eileen Murray has talked about leaving Bridgewater; A deal with Roger Ng could lead to charges against Goldman and its employees.
May 7
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The information you need to start your day, from PaymentsSource and around the Web. Today: Mastercard's investing another $1 billion in India; U.K. government adds the Pays for travel; NCR acquires restaurant technology; Warren Buffet sounds off on bitcoin.
May 7
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Mariel Beasley, co-director of Duke University’s Common Cents Lab, who studies consumers’ financial behavior, says savings "nudges" in apps often fall flat. Here's why.
May 7
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More U.S. consumers are defaulting on their credit cards, but banks may be holding onto the riskiest loans instead of passing them off to investors, according to a report from Barclays.
May 6
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The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.
May 6
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The Maryland company has hired interim CEO Susan Riel to officially take over the post.
May 6
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There is anticipation that the Consumer Financial Protection Bureau could release its debt collections proposal later this week.
May 6
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On Dec. 31, 2018. Dollars in thousands.
May 6 -
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On Dec. 31, 2018. Dollars in thousands.
May 6 -
Proposals to modernize the Community Reinvestment Act should be geared toward making concrete improvements, not upending parts of the law that are already working.
May 6
K.H. Thomas Associates -
The California company was issued a consent order after it failed to meet the conditions of a January 2018 informal agreement.
May 6
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The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.
May 6
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Banco Bradesco said it will use the acquired bank to expand its investment offerings in the United States.
May 6
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Big banks may have found a way to lower needed reserve levels; with Brexit delayed, Goldman will hold off on expansion.
May 6
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The information you need to start your day, from PaymentsSource and around the Web. Today: Santander adds gig economy tech; U.K. calls out open banking laggards; AMC suffers a breach; A new threat for bitcoin fraud.
May 6
