2020-06-22
With Americans traveling less due to the pandemic, the card, issued by Synchrony, is tailoring rewards to everyday purchases, such as groceries. It also has a contactless feature that could appeal to shoppers fearful of touching terminals.
Read More from: BankThink
2020-06-22
The Office of the Comptroller of the Currency will use year-end 2019 asset totals in its calculating its next assessment, saying national banks "should not be penalized" for adding emergency loans to their books during the pandemic.
Read More from: BankThink
2020-06-22
John Corbett says building scale, lowering costs and strengthening technology offerings have become more critical for banks to stay competitive.
Read More from: BankThink
2020-06-22
Sens. Sherrod Brown and Elizabeth Warren are asking three federal agencies to reverse changes that allow banks to exclude certain items from their supplementary leverage ratio.
Read More from: BankThink
2020-06-22
The company, which has yet to turn a profit since it was spun off from Live Oak Bank, said it would use the proceeds for working capital and possibly to make acquisitions.
Read More from: BankThink
2020-06-22
In a new twist on an old scam, cybercriminals have tried to get thousands of Wells staffers to surrender their own account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's
Read More from: BankThink
2020-06-22
In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's
Read More from: BankThink
2020-06-22
An article in The Atlantic warning that collateralized loan obligations will be banks’ next downfall overestimates the risk of these securities.
Read More from: BankThink
2020-06-22
Big banks will need to show how well they can withstand three different scenarios before they can pay dividends; the German payments company is still looking for $2 billion of missing funds.
Read More from: BankThink
2020-06-22
Bankruptcy is the legal process pertaining to people who cannot afford to pay their remaining debts in order to get a chance to a fresh start.
Read More from: AllmandLaw
2020-06-22
Bankruptcy is the legal process pertaining to people who cannot afford to pay their remaining debts in order to get a chance to a fresh start.
Read More from: AllmandLaw
2020-06-21
Commercial leases in New York City, COVID-19 and Recent Protests
Read More from: Shenwick & Associates
2020-06-21
Business owners are changing banks at three times normal levels, a trend researchers attribute to their difficulty in obtaining emergency loans.
Read More from: BankThink
2020-06-19
The agencies said late Friday that they will provide information on small businesses that received $150,000 or more from the Paycheck Protection Program.
Read More from: BankThink
2020-06-19
CBTX in Houston must develop policies and procedures, along with a training program, to address deficiencies in its bank's compliance with the Bank Secrecy Act.
Read More from: BankThink
2020-06-19
After drawing industry opposition, legislation that would have added broad new borrower protections during the pandemic failed to advance out of the state Assembly.
Read More from: BankThink
2020-06-19
JPMorgan Chase, Fifth Third, Truist among banks closing early to observe Juneteenth; inside the OCC's effort to extract $37.5M from former Wells Fargo execs; banks are at a loss what to do with record amount of funds; and more from this week's mos
Read More from: BankThink
2020-06-19
Activity in the Paycheck Protection Program has waned, but some argue that many small businesses, especially those owned by minorities, will miss out if the June 30 application deadline isn't extended.
Read More from: BankThink
2020-06-19
By Salene Mazur Kraemer, Esq.Partner, Bernstein-Burkley On Monday, June 15, the Federal Reserve launched the long-awaited Main Street Lending Program to support lending to small- and medium-sized businesses with fewer than 15,000 workers.
Read More from: Bernstein-Burkley, P.C.