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Victor Karpiak stepped down as CEO of First Financial in 2013 after years of wrangling with a prominent activist investor.
February 28
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The agency recently proposed gutting the ability-to-pay standard in its small-dollar loan rule, a move that would benefit the payday loan industry and harm consumers.
February 28
Consumer Federation of America -
The companies have teamed up on a product to help banks, especially small ones, give customers more accurate insights into their own financial health.
February 28
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By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.
February 28
Calvert Advisors LLC -
Bank’s involvement and complex financing draw ire of Barclay shareholders; banks report financial deceit by those who know seniors.
February 28
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The information you need to start your day, from PaymentsSource and around the Web. Today: Square's earnings miss; India extends KYC deadline; South Korea pushes PSD2-style reforms; VC funds pour into restaurant technology; N26 expands ot Brazil.
February 28
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Credit unions in the Cornhusker State are waiting to see whether lawmakers move forward on on a bill that would allow banks the opportunity to block field of membership expansions.
February 28
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United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition.
February 27
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Tatiana Clouthier, one of the most powerful lawmakers Mexico, is backing a campaign that's spread jitters through financial markets: make the banks charge less.
February 27
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Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.
February 27
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The Seattle company has a letter of intent to sell its home loan centers to Homebridge Financial Services.
February 27
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With U.S. sanctions in place against Venezuela, banks fear compliance violations; exclusion and cyber attacks the biggest concerns of cash-free society.
February 27
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The information you need to start your day, from PaymentsSource and around the Web. Today: IBM Watson moves toward in-car payments; Jamie Dimon discusses crypto and Square; Bahrain issues rules for cryptocurrency; Visa advances transit technology; Facebook's takes a cut of crowdsourced artist content.
February 27
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The deal marks the first time that the retail giant will enable its customers to use fixed-rate loans, rather than credit cards, for big-ticket purchases in its stores and online.
February 27
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The root of the credit reporting sector’s problems may be its dominance by a handful of big firms, lawmakers from both parties said at a hearing.
February 27
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Ronald Rubin, who was a CFPB enforcement attorney, will head an office overseeing nearly 200 state-chartered banks.
February 26
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The drudgery of filling out forms and changing bills prevents many customers from swapping banks. One fintech has simplified that exchange, and banks are willing to pay it to deliver them new customers.
February 26
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The Securities and Exchange Commission rejected the banks' arguments that the proposals amounted to shareholder micromanagement and that they have made ample disclosures.
February 26
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The CEO of the nation's biggest bank gave the fintech props for revolutionizing payments and then building off its success to provide a whole range of services to small-business clients.
February 26
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The agency wants to increase the maximum SBA Express loan to $1 million from $350,000 to pump up volume.
February 26
