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Consumers may say they like where they bank, but a survey suggests banks and credit unions lag behind retail brands like Amazon in ease of service and satisfaction.
October 11 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Google Pay finds a way to reach banks in Germany; Western Union goes after larger payments; U.K. bank lobby pushes fraud recovery tax; Mastercard gets another blockchain patent.
October 11 -
The third interest rate increase of the year could have a significant impact on banks' lending, deposit gathering and even M&A decisions. Here's what to expect.
October 10 -
The San Francisco challenger bank is adding 150,000 customers per month and plans to expand its financial product offerings.
October 10 -
The two megabanks face different problems, as Bank of America customers are frustrated over fees and customer service while Wells customers are alarmed about the bank's recent scandals.
October 10 -
From youth crisis centers to donations for those in need, here's another look at how credit unions are giving back.
October 10 -
CIT Bank and Simple recently started offering higher yields on the condition that customers make regular contributions to savings. The offers are designed to help the banks avoid rate wars, but some analysts question whether they will appeal to enough consumers.
October 10 -
The three credit unions from Connecticut will receive a variety of services from the credit union service organization, including bill pay.
October 10 -
Customers say they like their bank, but in a customer survey banks significantly lagged retail brands like Amazon in ease of service and satisfaction.
October 10 -
First Merchants in Indiana would pass $10 billion in assets by acquiring MBT Financial in Michigan.
October 10 -
Proposition 10 would give local jurisdictions a freer hand to restrict rents, but critics say that would lead to property devaluations. Some see an effect regardless of whether the measure passes.
October 10 -
Hoosier Hills Credit Union now serves 35 counties and has roughly 29,000 members.
October 10 -
Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America.
October 10 -
Slower-than-expected lending and "lackluster" trading could be concerns; new CEO David Solomon sets his sights on fixed income.
October 10 -
The information you need to start your day, from PaymentsSource and around the Web. Today: PayPal and Skype payments expand; Tencent invests in Brazilian startup; Commonwealth Bank tests programmable money; GlobalPlatform develops flexible wearable technology.
October 10 -
It's difficult to predict exactly what might be the next threat to the financial system. Here's a roundup of some prime suspects.
October 9 -
Big banks are expected to report that commercial lending weakened in the third quarter thanks to tax cuts, nonbank competition and seasonal factors. It raises questions about whether the second-quarter rally was an anomaly and if an overall economic slowdown is edging closer.
October 9 -
Fifth Third has allegedly informed Spike's Tactical that its accounts would not be renewed.
October 9 -
Bank Novo isn't a business lender (lots of firms already do that) or an account provider (it has a bank partner for that). Instead, it provides small businesses tools to track and analyze their banking activities.
October 9 -
The agency's 7(a) program had a small year-over-year decline, with bankers pointing to lender discipline and more borrowers qualifying for conventional loans.
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