2020-12-21
When Mastercard and Visa cut ties with Pornhub in December, it was abrupt but unsurprising. The banking and payments industries have had a long and conflicted history with adult content.
Read More from: BankThink
2020-12-21
There’s an alarming gap between how small and large banks view the importance of digital engagement, according to a recent survey by Celent and Arizent.
Read More from: BankThink
2020-12-20
A new report from the National Credit Union Administration showed institutions in many states are struggling with a deluge of deposits while their lending opportunities are drying up.
Read More from: BankThink
2020-12-20
The online lender, which raised $240 million, wants to take its artificial intelligence technology for evaluating borrowers to the next level and expand its partnerships with banks, its CEO says.
Read More from: BankThink
2020-12-19
The sweetest words in an otherwise miserable bankruptcy means test are found buried in a long paragraph of §707(b)(2)(A)(ii)(1): The debtor’s monthly expenses “shall include reasonably necessary health insurance, disability insurance and health s
Read More from: Bankruptcy Mastery
2020-12-19
The $10 billion portfolio of what are described as high-quality private student loans will be serviced by Nelnet.
Read More from: BankThink
2020-12-19
It's time to say it loud and clear: the OCC is a problem agency.
Read More from: Credit Slips
2020-12-18
This is the first time the agency has had a vice chairman since 2014.
Read More from: BankThink
2020-12-18
The Federal Reserve's “mid-cycle” assessment — conducted in light of the uncertainty posed by COVID-19 — showed that several banks would maintain just the bare minimum level of capital under hypothetical scenarios.
Read More from: BankThink
Biden’s student loan pledge, Huntington’s TCF deal, banks’ digital scramble: Top stories of the week
2020-12-18
What President-elect Biden’s pledge to forgive student loans means for consumer lenders; Huntington agrees to buy TCF Financial for $6 billion; banks play catch-up as customer shift to digital accelerates; and more from this week’s most-read stori
Read More from: BankThink
2020-12-18
The amendment backed by Sen. Pat Toomey and other Republicans to block the central bank from reviving CARES Act lending facilities has emerged as a flashpoint in congressional negotiations over pandemic relief.
Read More from: BankThink
2020-12-18
Speaking at a virtual event hosted by the Center for American Progress, Federal Reserve Gov.
Read More from: BankThink
2020-12-18
On December 18, 2020, Hollywood, FL-based 85 Flatbush RHO Mezz LLC and two subsidiaries, the owners of a twelve-story, mixed use property in Brooklyn, NY consisting of a 174 room boutique hotel on the first 6 floors (known as the Tillary Hotel Bro
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-12-18
On December 18, 2020, Hollywood, FL-based 85 Flatbush RHO Mezz LLC and two subsidiaries, the owners of a twelve-story, mixed use property in Brooklyn, NY consisting of a 174 room boutique hotel on the first 6 floors (known as the Tillary Hotel Bro
Read More from: Bankruptcy and Restructuring Law Monitor
2020-12-18
The spending plan passed in a party-line vote, but board member Todd Harper's objections indicate he could push for closer oversight if President-elect Joe Biden elevates him to the chairmanship.
Read More from: BankThink
2020-12-18
The agency's rule outlines steps collectors must take to inform consumers about an outstanding debt, and prohibits companies from pursuing lawsuits after a statute of limitations has ended.
Read More from: BankThink
2020-12-18
Bank and credit union groups are pushing to include the industry’s front-line workers in the next priority group, but even as a recommendation is coming soon from a CDC advisory panel, the decision ultimately will be made state by state.
Read More from: BankThink