2020-10-29
The challenger bank now offers small businesses checking, lending and payments services on one platform and can link them through Plaid to external bank accounts.
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2020-10-29
Toronto-Dominion Bank, Canada’s largest lender by assets, is giving all full- and part-time employees $500 bonuses as a reward for their efforts during the pandemic.
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2020-10-29
The lawsuit filed on behalf of the National Association for Latino Community Asset Builders says the rule was based on “an invented evidentiary standard,” and failed to consider consumer protections mandated by Dodd-Frank.
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2020-10-29
The company is best known for its reciprocal deposit program, but it’s finding new ways to serve banks without competing for their customers.
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2020-10-29
The proposed regulation would codify a 2018 pronouncement by regulators that guidance does not carry the force of law.
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2020-10-29
The industry has enjoyed lower tax rates and regulatory relief during the current administration, but individual donations from the eight largest banks favor the Democratic nominee by more than 4-to-1.
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2020-10-29
Alliance Data plans to make Bread’s buy now, pay later options available to credit card-issuing merchant clients.
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2020-10-29
The New York State Department of Financial Services says banks and credit unions under its supervision should limit loan concentrations in vulnerable geographic areas, avoid overexposure to fossil fuel and other legacy businesses and develop finan
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2020-10-29
A Small Business Administration program meant to help struggling entrepreneurs amid the coronavirus pandemic may have sent billions of dollars to scammers or ineligible applicants, the agency’s inspector general said.
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2020-10-29
On October 27, 2020, Midway Market Square Elyria LLC filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the
Read More from: Bankruptcy and Restructuring Law Monitor
2020-10-29
On October 27, 2020, Midway Market Square Elyria LLC filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-10-29
Renaud Laplanche's fintech will give borrowers cash back when they lower their loan balances.
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2020-10-29
Both payment companies reported lower than expected earnings and revenue due to reduced consumer spending; the plan is part of a $530 million initiative to combat systemic racism.
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2020-10-29
A comment by the megabank's CEO could be a teachable moment as financial institutions of all sizes attempt to diversify their ranks.
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