ABI Blog Exchange

2020-10-16
Racial and gender representation increased in most areas of the company, including among senior management, according to data the bank released Friday.

Read More from: BankThink

2020-10-16
On October 15, 2020, New York, NY-based Black and White Stripes, LLC filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case 20-12439).
2020-10-16
On October 15, 2020, New York, NY-based Black and White Stripes, LLC filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case 20-12439).
2020-10-15
Bank of America is applying a familiar arsenal — including APIs and its popular virtual assistant, Erica — to online business banking, cross-border payments and cash management in an effort to modernize those services.

Read More from: BankThink

2020-10-15
The credit union regulator has held back in allowing the use of derivatives but has released a proposal that would remove red tape for some larger institutions.

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2020-10-15
The deal is intended to better help credit unions and other financial institutions improve digital lending capabilities

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2020-10-15
Ray McGuire, one of Citigroup’s top investment bankers, has been vocal about his ideas for improving education and access to health care in low-income and minority neighborhoods.

Read More from: BankThink

2020-10-15
Nano Banc's president, Mark Troncale sits down with PaymentsSource's senior editor Kate Fitzgerald to discuss how the fintech decided to be amongst the first wave of small-to-midsize banks adopting The Clearing House's real-time payments solution.

Read More from: BankThink

2020-10-15
The North Carolina company had promised regulators not to close large numbers of branches until December. Meanwhile, vendor contracts, leases and other hurdles have made it hard to accelerate efforts to offset a sudden decline in revenue.

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2020-10-15
The Buffalo, N.Y., bank will pay a $546,000 penalty, which will be passed on to the National Flood Insurance Program to help offset costs.

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2020-10-15
As reported in our earlier blog post The CARES ACT – Tax Relief, the federal CARES Act provides for forgiveness of indebtedness for
2020-10-15
The Southern California-based credit union would add a fourth branch in the Cowboy State if members of the merging credit union approve the deal.

Read More from: BankThink

2020-10-15
The Illinois company will shutter 17 locations, or about 15% of its branches, early next year.

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2020-10-15
Defaults have been milder than expected thanks to government relief and stricter underwriting. But with the crisis dragging on and policymakers unable to agree on a stimulus plan, loans to highly indebted companies remain at risk.

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2020-10-15
Duncan-Williams, which serves institutional clients, will help South State expand its correspondent lending operations.

Read More from: BankThink

2020-10-15
On October 15, 2020, Boca Raton, FL-based life settlement holding company Emergent Capital, Inc.
2020-10-15
On October 15, 2020, Boca Raton, FL-based life settlement holding company Emergent Capital, Inc.