2020-08-21
When customers contact Wells Fargo, its artificial intelligence system goes to work; what American Express is getting with it purchase of Kabbage; Fannie, Freddie refi fee will wipe out millions in mortgage profits; and more from this week's most-
Read More from: BankThink
2020-08-21
Late fees on loan payments and late-arriving documents tied to forbearance and loan forgiveness are just some examples of how delays caused by cutbacks at the U.S. Postal Service could affect lenders and their customers.
Read More from: BankThink
2020-08-21
This story orginally appeared at https://patch.com/new-york/new-york-city/taxi-drivers-protest-no-coronav...
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Read More from: Shenwick & Associates
2020-08-21
The election of Mark Chancy continues a trend under CEO Charlie Scharf of adding directors with deep experience in the banking industry.
Read More from: BankThink
2020-08-21
If the U.S. Postal Service can hold talks with big banks, like JPMorgan Chase, about offering financial services in post offices, then it could easily strike up similar conversations with credit unions.
Read More from: BankThink
2020-08-21
Discover Financial Services and Bank First in Wisconsin, two of the many companies that went all-remote with their annual meetings this year, gave the process high marks. But the longer-term prospects industrywide are unclear.
Read More from: BankThink
2020-08-21
Wells Fargo has started its long-awaited job cuts, breaking with some of its top U.S. competitors that have resisted workforce reductions amid the coronavirus pandemic.
Read More from: BankThink
2020-08-21
A decision by some banks to replace in-person campus visits with video interviews is intended to increase diversity by reaching beyond the handful of elite business schools and Ivy League universities long associated with the finance industry.
Read More from: BankThink
2020-08-21
Philadelphia Bankruptcy Lawyer to Help You Clear Private Student Loans
Read More from: The law offices of David M. Offen
2020-08-21
The number of originators has shrunk during the pandemic, while portfolio lenders have gotten more picky; scams against consumers jumped by two-thirds during the first half, Barclays says.
Read More from: BankThink
2020-08-20
Executives and boards are bracing for elevated loan losses and stagnant revenue, which will mean more conversations about belt tightening as opposed to added investment.
Read More from: BankThink
2020-08-20
USAL Bancorp will have nearly $300 million in assets after it buys Escambia County Bank.
Read More from: BankThink
2020-08-20
The bank has agreed to pay $97 million in customer restitution and a $25 million fine to settle allegations by the Consumer Financial Protection Bureau that it deceptively charged overdraft fees for certain ATM and debit card transactions.
Read More from: BankThink
2020-08-20
With continued economic instability as a result of the coronavirus, how will the US manage the uncertainty that appears to have no end in sight.
Read More from: BankThink
2020-08-20
The company will pay $156 million for a bank with a large Small Business Administration lending platform.
Read More from: BankThink
2020-08-20
In a somewhat surprising opinion issued in early July, the Unit
Read More from: Bonds & Botes, P.C.
2020-08-20
A group of eight Attorneys General filed suit against an FDIC final rule related to ‘rent-a-bank’ partnerships, mirroring a similar suit filed against the Office of the Comptroller of the Currency last month.
Read More from: BankThink