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A startup backed by philanthropist Pierre Omidyar has emerged from stealth mode with technology that promises to provide consistent value and a degree of privacy to electronic money.
December 15 -
The Treasury Annex building in Washington is slated to be renamed in honor of a bank that served emancipated slaves after the end of the Civil War.
December 11 -
Angus Deaton's efforts to improve understanding of poverty have helped open the door to financial services firms meeting the market demands of the world's poor.
December 10
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The vaguely defined term needs an overhaul to meet the financial demands of refugees and others long ignored by efforts to expand banking access.
December 7
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Contrary to industry representatives' opinion, overdraft rules are necessary for a service that has become a revenue driver for banks.
December 3
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A new Fannie Mae program allowing nonborrower income to count in qualifying homeowners for low-down payment loans received near-universal praise from industry representatives and federal officials at a recent housing symposium here.
November 25 -
The online payday lender Integrity Advance is being sued by the Consumer Financial Protection Bureau for allegedly deceiving consumers about its loan costs.
November 18 - New York
Springleaf Holdings has changed its name to OneMain Holdings after buying its top competitor from Citigroup for $4.49 billion.
November 17 -
A handful of entrepreneurs have created apps that let workers, especially those with inconsistent incomes, receive portions of their paychecks before payday. Their emergence underscores how slower payments look out of date in an on-demand world.
November 12 -
Our nation has a long way to go to protect those defending our homeland. Stopping the damage of high-cost credit is an important first step.
November 11
