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Nelnet’s planned bank would be an online enterprise focused on gathering deposits and making private student loans.
June 29 -
The comptroller of the currency has tiptoed around the issue of discrimination even though he wants to overhaul a key fair-lending law.
June 29
Center for Responsible Lending -
Deutsche Bank failed and Goldman Sachs and Morgan Stanley restrained; antitrust lawsuit brought by retailers may be near a resolution.
June 29 -
Two Native American tribes agreed to forfeit $3 million in money they took in for acting as fronts for a scam run by Scott Tucker, the former race-car driver convicted of operating an illegal payday loan business.
June 27 -
New legislation to offer banking services at post offices comes with some flawed assumptions, but payday lending needs an overhaul.
June 25
Cornerstone Advisors -
The trend may be partly attributable to a strong economy. Growth in high-cost installment lending could also be a factor.
June 22 -
Jan Lynn Owen works at the epicenter of the digital revolution, but she is unambiguously cautious about the fintech industry.
June 22 -
Lawmakers should prioritize programs that improve economic development in underserved communities, as appropriators begin debating next year’s spending levels.
June 22
South Carolina Community Bank -
A team of economists surveyed by the American Bankers Association also believe that unemployment could reach new lows.
June 21 -
A South Dakota regulator seeks to liquidate ReliaMax Surety, which provides default insurance for many private student loans held by credit unions.
June 21 -
New legislation to offer banking services at post offices comes with some flawed assumptions, but payday lending needs an overhaul.
June 21
Cornerstone Advisors -
The alliance is intended to leverage the strength of two industry-leading indirect lending CUSOs.
June 20 -
The Community Reinvestment Act needs to be updated, but in doing so Congress should remember why the law was created in the first place, argues Rep. Gregory Meeks.
June 19
D-N.Y. -
Wells Fargo on the receiving end of USAA's long-standing intellectual property threat; millions are mad about Erica, Bank of America's virtual assistant; relief may be in reach for bankers fed up with SARs; and more from this week's most-read stories.
June 15 -
The new chair of the Conference of State Bank Supervisors argues that state regulators will keep protecting consumers if the CFPB curtails oversight.
June 15
Conference of State Bank Supervisors -
A fintech that has grabbed a sizable chunk of the Australian digital payments market has made some quick merchant scores for its American launch.
June 14 -
The CFPB ordered Security Group Inc. to pay $5 million for making illegal threats, including that consumers could go to jail.
June 13 -
In his inaugural hearing as comptroller of the currency, Joseph Otting defended his decision not to publicly rebuke banks for Wells Fargo-like problems.
June 13 -
The agency will have to rework its strategy for amending its payday lending rule after a federal court rebuffed efforts to stop the rule from going into effect.
June 13 -
Despite strong growth in the auto sector, credit unions continue to push to get members who join via indirect auto lending to add products and services, and fully engage with the CU.
June 13

















