ABI Blog Exchange

2020-06-04
You don’e have enough money coming in to pay your

Read More from: Discharge Student Loan

2020-06-03
The bill, which passed the House last week on a 471-1 vote, now heads to President Trump’s desk for his signature.

Read More from: BankThink

2020-06-03
Dramatic volatility in the global oil market, plummeting demand and potential regulatory risks are making some banks rethink their energy strategy.

Read More from: BankThink

2020-06-03
David Howard's leadership of the OceanFirst digital strategy and innovation team that has developed a robo adviser, an Alexa skill and other cutting-edge tools earned him recognition as one of American Banker's digital bankers of the year.

Read More from: BankThink

2020-06-03
The veteran banker will serve as chief administrative officer, with responsibilities that include strengthening Citi’s data architecture, creating greater consistency in its dealings with regulators and enhancing its efforts to combat money launde

Read More from: BankThink

2020-06-03
All U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the Municipal Liquidity Facility program regardless of population.

Read More from: BankThink

2020-06-03
Two years ago, the Tulsa, Okla., bank expanded its Native American casino lending business nationwide. It seemed like a great plan until the coronavirus pandemic struck.

Read More from: BankThink

2020-06-03
Faced with limited growth opportunities and potentially mounting loan losses, banks are getting aggressive — and creative — to boost profits.

Read More from: BankThink

2020-06-03
John Dugan says a successful effort by banks to alleviate the economic damage of the pandemic could boost the industry's reputation.

Read More from: BankThink

2020-06-03
Recent steps that would help nonbank lenders enter the traditional banking system, like a proposal clarifying the industrial loan company charter, are needed but face strong opposition.

Read More from: BankThink

2020-06-03
The mobile bank raised $241 million in its Series D round of funding, and expects to receive approval from regulators to become a nationally chartered bank this summer.

Read More from: BankThink

2020-06-03
New York State regulators may bring an enforcement action against the German bank as early as this month; Wells Fargo’s decision to stop making loans to the dealers has more to do with credit quality than asset limits.

Read More from: BankThink

2020-06-02
Tyrie has advanced Bank of America’s virtual assistant Erica and rolled out easier-to-use digital products that resonate strongly with customers.

Read More from: BankThink

2020-06-02
The consumer bureau said Approved Cash Advance improperly collected amounts that were five times higher the legitimate fee schedule disclosed to borrowers.

Read More from: BankThink

2020-06-02
The program is intended to aid businesses hit hard by pandemic-induced lockdowns, but lenders are lobbying to have the rules relaxed to help owners of stores and offices damaged by recent riots and looting.

Read More from: BankThink

2020-06-02
The changes being sought would benefit both small businesses and banks, which would avoid the cost of servicing many low-yielding loans.

Read More from: BankThink

2020-06-02
Members of both parties raised concerns that the requirements for participating in the Municipal Liquidity Facility and Main Street Lending Program are too restrictive to benefit smaller localities and certain midsize firms.

Read More from: BankThink

2020-06-02
The format was knocked out of wack a little when transferring to documents here. Sorry about that. You will find two documents here. First, the Motion for Summary Judgment filed in the Office of Administrative Hearings.
2020-06-02
The new product, which comes as an earlier partnership with the online lender Kabbage is sputtering, figures to appeal to companies with tight cash flows.

Read More from: BankThink