2020-08-12
Dhivya Suryadevara will help the online payments company as it expands globally; the CEO has kept the bank moving forward during the pandemic while competitors have faltered.
Read More from: BankThink
2020-08-12
Chargeback requests have surged since the start of the coronavirus pandemic, as airlines have canceled flights, performers have postponed concerts and supply chain disruptions have delayed the delivery of many goods.
Read More from: BankThink
2020-08-11
A second-term Trump administration would likely continue its deregulatory efforts, focus on Fannie Mae and Freddie Mac's exit from conservatorship, and seek to facilitate fintech participation in the banking system.
Read More from: BankThink
2020-08-11
Most Americans are concerned about the impact of the pandemic and related shutdowns and business closures on the U.S. economy, and on their local economies and personal finances.
Read More from: Bonds & Botes, P.C.
2020-08-11
Theorem is marketing its first-ever securitization of unsecured loans. It uses machine-learning technology to gauge the risk of default, a growing concern during the pandemic recession.
Read More from: BankThink
2020-08-11
The coronavirus pandemic has created major credit issues at the Boston bank and stymied efforts to improve profits, fueling speculation that the onetime serial acquirer could be a takeover target.
Read More from: BankThink
2020-08-11
This article originally appeared at Marketwatch.com on August 11, 2020, at https://www.marketwatc
Read More from: Shenwick & Associates
2020-08-11
Many banks buy modeling tools from vendors to help detect new areas of risk, fraud and profitability without realizing their existing systems are capable of doing the same.
Read More from: BankThink
2020-08-11
The card giant could pay $850 million in cash for the online small-business lender, according to a person familiar with the talks.
Read More from: BankThink
2020-08-11
The promise, made by the chief executive officers of 27 companies including JPMorgan Chase, Citigroup and Bank of America, is part of a new initiative called the New York Jobs CEO Council.
Read More from: BankThink
2020-08-11
The FT makes the case for a combination of some of Europe’s worst-performing banks; the privacy watchdog is investigating charges that Barclays is tracking its employees too closely.
Read More from: BankThink
2020-08-10
The agency sought feedback on potential changes to the Equal Credit Opportunity Act. But a coalition of industry and advocacy groups want a longer comment period to afford “a greater opportunity for thoughtful public participation.”
Read More from: BankThink
2020-08-10
Richard Marotta left the Boston company less than two weeks after a goodwill impairment charge contributed to a large quarterly loss.
Read More from: BankThink
2020-08-10
MatlinPatterson, which once owned more than 60% of the Michigan company, has been paring back its stake in recent years.
Read More from: BankThink
2020-08-10
The Small Business Administration began accepting applications Monday, but lenders such as JPMorgan Chase are holding off in hopes that Congress will grant blanket forgiveness for smaller Paycheck Protection Program loans.
Read More from: BankThink