Consumer banking
Consumer banking
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Both companies want money to be "programmable." But how to go about it is a matter of dispute.
June 14 -
Banks fear that more competition from nonbanks in commercial real estate will drive down pricing and lead to a relaxation of terms.
June 14 -
Dutch banks ABN Amro, ING and Rabobank have started transferring their ATMs to the Geldmaat network in the Netherlands to address the decline of cash use among its customers, while continuing to make it available.
June 14 -
Many CUs feel they can't compete with banks' technology offerings, but the right strategies and investments can help institutions of all sizes stand out in a crowded marketplace.
June 14 -
Visa, Mastercard and PayPal are each putting up $10 million to back the cryptocurrency; company “gearing up” to reboot its flagging small business lending unit.
June 14 -
The central bank gathered feedback in nearly 30 roundtable discussions about regulators' efforts to modernize the 1977 law.
June 13 -
Lynn Harton, the Georgia bank's CEO and a 20-year BB&T veteran, is considering acquisitions in Alabama, Florida and Tennessee markets where the entity soon to be named Truist Financial has a high profile.
June 13 -
The Indiana company, which has an acquisition pending, will make more loans in minority neighborhoods around Indianapolis.
June 13 -
The Goldman Sachs unit that offers savings accounts and makes personal loans says it will cover certain expenses for its customers who elect arbitration.
June 13 -
The CEO of the digital-only bank Chime says it has quadrupled its membership in a year. So why doesn't his counterpart at Varo believe him?
June 13 -
To make a credit card top of wallet and build interchange income, credit unions must develop trust, provide great service and ensure the card works every time.
June 13 -
Monzo has been adding roughly 200,000 users a month in the U.K., and is hoping to replicate that success as it launches in the U.S.
June 13 -
Despite renewed calls from Democrats looking to USPS to offer banking services, policymakers should instead consider reforms that would permit private-sector firms like Walmart and Amazon to offer a wider array of financial products.
June 13 -
CEO Greg Carmichael said Wednesday that online-only banks "aren't relationship-based" and that Fifth Third would stick to its plan of attracting new depositors by selectively expanding into new markets.
June 12 -
In a study of 27 global markets, the U.S. ranked near the bottom for consumer use of fintech, raising questions about why Americans appear reluctant to dive in.
June 12 -
Ken Lehman will gain a 40% stake in the Tennessee bank as part of a broader plan to raise $13 million.
June 12 -
Sens. Elizabeth Warren, D-Mass., and Doug Jones, D-Ala., cited research that found algorithmic lending can lead to higher interest rates for minority borrowers.
June 12 -
The investment firm is launching a company called Akoya that it says will help ease the technical aspects of data sharing, as well as disputes and liability issues, for banks, fintechs and data aggregators.
June 11 -
Gate City Bank announced that Kevin Hanson, who has been at the bank for 36 years, will succeed Steve Swiontek as CEO next month.
June 11 -
The president says the Fed is giving China a competitive advantage; bank stocks gained after tariffs on Mexican imports nixed.
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