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A startup aims to highlight the social impact that banks have to allow easier vetting by prospective customers; community banks like Jill Castilla's are getting income from being tech vendors; and Amex is making its parental leave policies better next year, in a move that just might be an emerging trend. Plus, Wonder Woman loses her U.N. job because of the way she dresses.
December 15
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Capital Business Credit, a New York-based business finance company, has been acquired by a San Francisco-based lender.
December 15 -
Colony Bankcorp in Fitzgerald, Ga., has bought back more of its former Troubled Asset Relief Program shares held by private investors.
December 15 -
Ed Francis, a former executive at Hancock Holding, is seeking to buy an existing bank rather than pursue a new charter. He explains why he is prefers a complex bankruptcy process over applying to form a new bank.
December 15 -
First Internet Bancorp in Fishers, Ind., disclosed in a regulatory filing that it is looking to raise $25 million capital through a stock offering.
December 15 -
To convince graduates that working for a bank might be better than joining a startup, lenders are keen to show new hires they are technology companies first, and banks second.
December 15 -
It is not a clear-cut statement to say Fannie Mae and Freddie Mac need more capital, and it detracts from the real debate over long-term housing finance reform.
December 15 -
A prominent activist investor has pared back its stake in three banks.
December 15 -
Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Yahoo 'believes' card info not hacked; U.K. startup wants 'drone debit'; Ashley Madison settles; Australia loosens fintech rules.
December 15 -
The National Credit Union Administration rule expanding member business lending introduces new risks and lacks legal basis.
December 15
Calvert Advisors LLC -
Bay Commercial Bank in Walnut Creek, Calif., has agreed to buy First ULB in Oakland, Calif.
December 15 -
Consumers have long had options to pay for high-value purchases through monthly installments, but payments providers — from PayPal to Mastercard — have typically focused on other ways to lift purchase volume.
December 15 -
PCSB Bank in Yorktown Heights, N.Y., is planning to convert to stock ownership, ending 145 years as a depositor-owned mutual.
December 15 -
Yahoo! Inc. disclosed a second major security breach that may have affected more than 1 billion users, another blow to the company's reputation as it nears the sale of its main web businesses to Verizon Communications Inc.
December 14 -
The tech firm behind USAA's digital assistant has introduced an authentication tool that identifies customers by the sound of their voice or by their facial features.
December 14 -
WASHINGTON Senate lawmakers are putting pressure on the Treasury Department's financial crimes unit to clarify to banks that businesses hired by marijuana growers and dispensers should not be treated like pot firms themselves.
December 14 -
The $8.2 billion-asset company said in a press release that it will move westward with an agreement to buy the $2.5 billion-asset Southwest Bancorp in Stillwater, Okla., for $564 million.
December 14 -
The $1.3 billion-asset Veritex said in a press release Wednesday that it will pay $162 million for the $1.1 billion-asset Sovereign.
December 14 -
The industry finally sees a bit of an opening in its effort to roll back the 2010 law that capped fees on debit card transactions. But opposition from the retail sector will be fierce.
December 14 -
Call it the banking equivalent of a farmers market in Brooklyn: A startup is building a platform to highlight mission-driven banks for prospective customers who want to know how their money is lent.
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