2020-12-07
Fintech success stories have encouraged investors to back more startups, but newcomers will be hard-pressed to attract enough customers to compete while keeping expenses down.
Read More from: BankThink
2020-12-07
The company's insurance arm, which recently bought a Texas-based insurance tech firm, is on pace to complete five deals this quarter.
Read More from: BankThink
2020-12-07
Typically, an economic crisis in the U.S. is accompanied by an increase in bankruptcy filings. During the Great Recession, the upward trend of bankruptcy filings tracked closely with the increase in unemployment.
Read More from: Bonds & Botes, P.C.
2020-12-07
The Maryland Democrat served five terms in the U.S. Senate, a 30-year tenure in which he was chairman of the Senate Banking Committee when it responded to a rash of accounting scandals. He didn’t seek a sixth term and retired on Jan. 3, 2007.
Read More from: BankThink
2020-12-07
House Financial Services Committee Chairwoman Maxine Waters urged the incoming administration to overhaul policies on payday lending and the Community Reinvestment Act and make personnel changes at two agencies.
Read More from: BankThink
2020-12-07
Financial disparities have only worsened during the coronavirus pandemic. President-elect Biden’s team could address this issue by establishing an office of economic equality under the Financial Stability Oversight Council.
Read More from: BankThink
2020-12-07
On December 7, 2020, CSI Technologies, LLC, an affiliate of lead-debtor Superior Energy Services, Inc., a provider of specialized oilfield services and equipment, filed a
Read More from: Bankruptcy and Restructuring Law Monitor
2020-12-07
On December 7, 2020, CSI Technologies, LLC, an affiliate of lead-debtor Superior Energy Services, Inc., a provider of specialized oilfield services and equipment, filed a
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-12-07
Thousands of institutions could lose a safety net on New Year's Day if Congress fails to act before leaving for the holidays.
Read More from: BankThink
2020-12-07
On November 30, 2020, the Board of Governors of the Federal Reserve System, the OCC, and the FDIC released a statement that details the projected timeline of the transition away from the U.S. Dollar London Interbank Offered Rate (“LIBOR”).
Read More from: Krieg DeVault
2020-12-06
Banking trade organizations are usually cautious about making endorsements. But with Democrats winning the White House and control of Congress on the line in the two races, some groups are pouring in cash for the GOP candidates.
Read More from: BankThink
2020-12-04
The Consumer Financial Protection Bureau alleges that the online lender made loans that exceeded a federal cap on interest rates for active-duty service members.
Read More from: BankThink
2020-12-04
What PNC has in mind for BBVA's technology; banks and borrowers bristle at SBA questionnaire on large PPP loans; a look at who might be buying if HSBC decides to sell its branches; and more from this week's most-read stories.
Read More from: BankThink
2020-12-04
The company aims to help borrowers apply for home loans in as little as 15 minutes by automating immediate validation of bank information used in qualification.
Read More from: BankThink