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A J.D. Power official says supplemental benefits — many centered on travel cards — need to be pared down. His comments followed the company’s release of survey data that showed these hard-to-understand benefits were a drag on customer satisfaction.
August 22 -
Real-time transactions, reward points and early access to paychecks are among the features N26 is attempting to sell consumers here.
August 22 -
The German bank responds to an op-ed that criticized its restructuring.
August 22
Deutsche Bank AG -
Recent studies offer a dire outlook for water levels in drought-prone states. Some banks are bracing for this risk with changes to underwriting of real-estate-related loans.
August 21 -
Sheila Bair, who holds board seats at several other organizations, will sit on Fannie's compensation, corporate governance and risk policy committees.
August 21 -
As a growing number of chains go bankrupt, loan charge-offs are rising.
August 21 -
First Mutual Holding is buying the tiny Blue Grass Federal and keeping its charter. The deal will allow the seller to save costs and maintain its autonomy.
August 20 -
The most recent Credit Union Trends Report from CUNA Mutual Group is “indicative that both the credit cycle and the U.S. business cycle are moving into their last stage before the next economic slowdown,” according to one economist.
August 20 -
The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip.
August 20 -
CDCUs provide essential financial services in underserved communities but these institutions can struggle to keep up with compliance and technology demands.
August 20 -
Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors.
August 19 -
Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.
August 16 -
The agency says the "disparate impact" standard needs to be amended to align with a recent Supreme Court ruling. But consumer advocates say the change would make it more difficult for borrowers to allege discrimination under the Fair Housing Act.
August 16 -
Bank of America’s customers spent $1.9 trillion this year through Aug. 12, an increase of 5.9% from a year earlier — a sign that the economy, driven by the consumer, remains strong, Brian Moynihan said.
August 16 -
North Side Community FCU served the underbanked before it joined Great Lakes earlier this month.
August 16 -
Readers react to states investigating payroll advance companies and the GOP's weak response to cannabis banking, heed a warning that nonbanks are prepared for CECL and more.
August 15 -
With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.
August 15 -
The bank is moving a large analytics program and a massive amount of data into Google's public cloud, which its tech chief says is more efficient, secure and better able to handle spikes in demand.
August 15 -
The accounting standard is coming regardless of a delay. It will bring some nonbank lenders to the forefront of banking competition.
August 15
Moody’s Analytics -
The company withdrew an earlier bid to become an ILC after regulators identified problems with its application. It is seeking a Nevada bank charter because it wants to add deposit management services and expand into small-business lending.
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