ABI Blog Exchange

2021-03-16
Banks have borne the brunt of the criticism from consumers still waiting for coronavirus relief funds to land in their accounts. But the industry says the lag time is the fault of the government and its antiquated payments system ]]

Read More from: BankThink

2021-03-16
The proposed legislation is similar to a package put forward in 2020 and another introduced in the House in 2019. ]]

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2021-03-16
After postponing enforcement for years, the card brands are implementing an EMV liability shift at fuel stations, which still struggle to make the upgrades necessary for chip-card acceptance. ]]

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2021-03-16
Government relief programs and lenders’ forbearance have kept U.S. small businesses from defaulting on their debt en masse as revenue slumped during the pandemic crisis, according to a new analysis. ]]

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2021-03-16
Hood Qaim-Maqami, divisional CIO at the Bank of New York Mellon, has ideas about how technology can be used to make people feel connected. ]]

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2021-03-16
Visa and Mastercard are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards online, pushing back the changes another year to April 2022 because of the pandemic. ]]

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2021-03-16
Economists see few signs of a repeat of the 2006 bust, which ignited a global recession; the firms are winning a bigger piece of the corporate bond market as issuers seek wider markets. ]]

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2021-03-15
Big banks led the push to offer multibillion-dollar bonds that fund affordable housing, education and nonprofits that serve needy communities.

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2021-03-15
On March 15, 2021, Nine Point Energy Holdings, Inc., a Denver-based private exploration & production company focused on the Williston Basin, and its affiliate Foxtrot Resources LLC, filed for chapter 11 protection in the Bankruptcy Court for t
2021-03-15
On March 15, 2021, Nine Point Energy Holdings, Inc., a Denver-based private exploration & production company focused on the Williston Basin, and its affiliate Foxtrot Resources LLC, filed for chapter 11 protection in the Bankruptcy Court for t
2021-03-15
On March 14, 2021, HighPoint Resources Corporation and its affiliates, a Denver, Colorado based company focused on the development of oil and natural gas assets located in the Denver-Julesburg Basin of Colorado, filed a petition for relief under C
2021-03-15
On March 14, 2021, HighPoint Resources Corporation and its affiliates, a Denver, Colorado based company focused on the development of oil and natural gas assets located in the Denver-Julesburg Basin of Colorado, filed a petition for relief under C
2021-03-15
By Sarah E. Wenrich, Esq. Bankruptcy & Restructuring Associate Keri P. Ebeck, Esq. Bankruptcy & Restructuring Partner On December 27, 2021, the Consolidated Appropriations Act (the “CAA”) made various temporary …

Read More from: Bernstein-Burkley, P.C.

2021-03-15
The Senate Banking Committee is questioning whether Goldman Sachs Group paid dividends at the expense of lending to businesses and households during the pandemic as lawmakers take a broad look at the support big banks offered clients to get throug

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2021-03-15
Organizers of the proposed Our Community Bank have received conditional approval that requires them to raise $18 million before opening.

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2021-03-15
The Michigan bank is the latest company to have customer data compromised through a software vulnerability. The incident reinforces the importance of attack simulations, constant searches for intrusions and exchanges of intel with peers.

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