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The advisory vote came two weeks after Preferred Bank in Los Angeles disclosed a major loan default.
June 5
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Payday lending stocks are beating records. Mostly because they're no longer payday lenders.
June 5
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The Michigan company will buy 52 branches and $2.3 billion in deposits from the San Francisco banking giant.
June 5
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UniCredit and Société Générale are discussing a merger; Revolut also plans to launch its mobile service in the U.S. this summer.
June 5
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The information you need to start your day, from PaymentsSource and around the Web. Today: Citi embraces open banking for U.K. business; Ripple invests in blockchain studies; Paysafe's iPayment acquisition closes; Singapore and India will share fintech innovation.
June 5
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Julieann Thurlow, CEO of Reading Cooperative Bank, argues that tech-savvy lenders like SoFi can draw in low-risk borrowers with a fast, simple online process.
June 5
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Cereal is looking at the aspects of the market that could be considered the most stable. By encouraging more mining activity, Cereal also promotes the viability of the cryptocurrencies being mined.
June 5
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Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite.
June 4
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Jacksonville, Fla., football fans had a strong clue that TIAA was about to rebrand its new banking unit when the signs at EverBank Field began to change.
June 4
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The agency’s acting chief has angered consumer advocates by refusing to hold meetings that they say are required by law.
June 4
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CU Direct CEO Tony Boutelle has a word for the future of the auto industry: A.C.E.S.
June 4
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In opening offices in several German cities, Silicon Valley Bank is seeking out familiar kinds of high-tech customers in a new market. This is a venture any midsize bank could learn from.
June 4
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Terms on car loans continue to lengthen in an attempt to keep monthly payments manageable for consumers, but one expert warns that at some point they're going to impact affordability.
June 4
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The legislation lets banks hold a certain amount of reciprocal deposits without having to classify them as brokered deposits.
June 4
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On Mar. 31, 2018. Dollars in thousands.
June 4 -
On Mar. 31, 2018. Dollars in thousands.
June 4 -
Credit unions in Tennessee and Ohio were singled out by the U.S. Small Business Association.
June 4
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The company will gain $305 million in assets after completing the $51 million acquisition.
June 4
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No surprises expected from the annual Fed reviews; Elad Roisman is seen as the pick to replace Michael Piwowar on the panel.
June 4
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The information you need to start your day, from PaymentsSource and around the Web. Today: Visa's back up in Europe; Apple Pay pushes order ahead at a music festival; Jeep plans in-car payments tech; ABN Amro customers warm to werables; Mastercard wins a blockchain patent.
June 4
