2020-10-22
The coronavirus pandemic has turned every industry on its head. For lending, it exposed the need for modernized, fully digital platforms.
Read More from: BankThink
2020-10-22
The media company Urban One has launched a new account that includes a prepaid debit card and encourages customers to buy from Black-owned business and lets them donate their cash back to charity.
Read More from: BankThink
2020-10-22
Discover Financial Services shares surged after the company said spending on its cards improved in September, the first increase during the pandemic.
Read More from: BankThink
2020-10-22
The New York State “Bitlicense” will allow customers to use bitcoin to make online retail purchases; Cleveland Fed chief says persistent low rates may encourage risky behavior.
Read More from: BankThink
2020-10-22
Bankruptcy petition preparers remind me. of the Monty Python “Spam, spam, spam, . . .” song, only, SCAM! SCAM! SCAM! Another one bites the dust. We have had lots of these in Detroit, this one worked in Illinois and Missouri. EAST ST.
Read More from: Stop Creditor
2020-10-22
While some institutions have held off on staffing up for new projects, many mission-critical positions at the executive level are still being filled. It may take until well into 2021 before normal patterns return.
Read More from: BankThink
2020-10-21
A disputed outcome could cause significant market turmoil in the coming months — and have far more serious repercussions over the longer term.
Read More from: BankThink
2020-10-21
USAA Federal Savings Bank’s downgrade shows how customer mistreatment stemming from flaws in internal controls can hurt Community Reinvestment Act scores. Some want consumer compliance to carry more weight in the CRA calculus.
Read More from: BankThink
2020-10-21
The U.S. economy continued to grow across the country as it recovered from the coronavirus pandemic, but the picture was uneven, according to a new report from the Federal Reserve.
Read More from: BankThink
2020-10-21
https://www.nydailynews.com/new-york/ny-tlc-taxi-medallion-oversight-20201015-2pyve3pmfreuvfsii6mpjh43ta
Read More from: Shenwick & Associates
2020-10-21
The Cleveland company will exit indirect auto lending and close branches so it can devote more resources to mortgages, student loans and other relationship-driven, digital-friendly businesses.
Read More from: BankThink
2020-10-21
The coronavirus pandemic has spurred more private buyers to acquire senior care homes, and the Oklahoma lender is eager to back them.
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2020-10-21
PayPal isn’t the first company to open its platform to cryptocurrencies, but its technique is more hands-on than most payment providers.
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2020-10-21
State College FCU is seeking member approval to fold into Horizon CU, citing ongoing challenges finding members to serve on its board of directors and supervisory committee.
Read More from: BankThink
2020-10-21
The legislation would extend to the banking system the Civil Rights Act's protections for customers of hotels and restaurants.
Read More from: BankThink
2020-10-21
Delaying a proposed benchmark for grading banks' performance in Community Reinvestment Act exams to appease critics of its initial proposal will make it harder to gauge the final rule’s impact.
Read More from: BankThink