2021-01-13
A co-founder of Anchorage Trust Co. said its digital bank, which will not take insured deposits, will enable the company to strengthen partnerships with financial institutions that offer custody services for clients’ cryptocurrency assets.
Read More from: BankThink
2021-01-13
The pace of forgiveness for Paycheck Protection Program loans is expected to accelerate when the Small Business Administration issues guidance on additional steps meant to streamline the process.
Read More from: BankThink
2021-01-13
In short, the answer is: “PROBABLY NOT!” Under current Pennsylvania law, police can now no longer search a vehicle unless they have two (2) things: probable cause AND exigent circumstances.
Read More from: Young, Marr & Associates
2021-01-13
Jamie Dimon said the reason JPMorgan Chase paused donations from its political action committee is to give the biggest U.S. bank time to reevaluate how it contributes to campaigns following last week's deadly siege on the Capitol.
Read More from: BankThink
2021-01-13
On January 1, 2021, California’s homestead exemption grew from a prior low of $75,000 to a minimum of $300,000, to as much as $600,000, depending on county wide home prices.
Read More from: Bankruptcy Mastery
2021-01-13
The Small Business Administration will allow lenders with less than $1 billion of assets to process applications in two days. The portal will open to all lenders on Tuesday.
Read More from: BankThink
2021-01-13
A new amendment was recently enacted in Michigan whi
Read More from: Michigan Bankruptcy Blog
2021-01-13
A new amendment was recently enacted in Michigan whi
Read More from: Michigan Bankruptcy Blog
2021-01-13
In the pandemic age, banks are getting creative in a bid to keep affluent customers.
Read More from: BankThink
2021-01-13
Several financial tech companies that applied to become national banks are seeking exemptions from many provisions of the Community Reinvestment Act.
Read More from: BankThink
2021-01-13
After calling off its bid to buy the data aggregator Plaid, the card network is shifting its focus back to its role as an enabler of digital payments and related services.
Read More from: BankThink
2021-01-13
Driver Management will try for a second straight year to gain a board seat at First United.
Read More from: BankThink
2021-01-13
The company said it would have eventually prevailed against the DOJ’s antitrust suit; the Ohio senator says the panel will focus on climate change and housing issues.
Read More from: BankThink
2021-01-13
A Democratic majority in Washington may help advance a number of key legislative issues for the industry, such as passage of a national data security standard. However, it could also lead to a renewed focus on consumer protection laws.
Read More from: BankThink
2021-01-12
Commercial real estate portfolios have held up better than expected during the pandemic. But rising delinquencies and fears of a delayed economic recovery are renewing questions about credit quality.
Read More from: BankThink
2021-01-12
The much-ballyhooed COVID relief bill passed by Congress at the end of last year, in addition to providing for $600 checks to millions of people, includes several COVID-related amendments to the U.S. Bankruptcy Code.
Read More from: Bankruptcy Law Insights
2021-01-12
Brian Brooks is planning to leave the Office of the Comptroller of the Currency within days, according to a published report and a source familiar with the situation.
Read More from: BankThink
2021-01-12
Visa and Plaid have terminated their tie-up and reached an agreement with the Department of Justice to dismiss the litigation brought against them when the deal raised antitrust questions.
Read More from: BankThink
2021-01-12
Sen. Sherrod Brown, D-Ohio, said elevating affordable housing issues, examining the financial system through a climate and racial justice "lens" and holding banks accountable for their impact on consumers will be among his priorities.
Read More from: BankThink
2021-01-12
Synchrony wasn’t unscathed by the pandemic — consumer spending slowed during the first half of the year — but its mix of private-label and cobranded cards for everyday items suffered far less than other issuers' cards that emphasized luxury and tr
Read More from: BankThink