ABI Blog Exchange

2021-01-11
On January 11, 2021, Washington, DC-based Wardman Hotel Owner, LLC, the owner of real property in Washington that formerly operated as the Washington Marriott Wardman Park Hotel, filed a petition for relief under Chapter 11 of the Bankruptcy Code
2021-01-11
BBVA’s acquisition of Simple, the first neobank, was closely watched as a possible model for others in the industry.

Read More from: BankThink

2021-01-11
Following similar decisions by big banks, the Consumer Bankers Association and Mortgage Bankers Association said they will halt all political contributions to elected officials as some lawmakers face harsh criticism for comments that incited the s

Read More from: BankThink

2021-01-11
Brian McVeigh passed away on Dec. 31, following a 14-month battle with brain cancer, according to a release from the Michigan Credit Union League, having spent more than 35 years serving in a variety of roles at CUs across the state.

Read More from: BankThink

2021-01-11
The San Francisco company has faced financing challenges as its customers, largely lower-income Latinos, have struggled to keep up with monthly payments.

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2021-01-11
Consumers will continue to utilize new payments methods in the coming year, but are also likely to shift between credit and debit, the company said.

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2021-01-11
NCR Corp. offered to buy Cardtronics Plc for more than $1.7 billion, beating an earlier bid for the ATM operator from Apollo Global Management Inc. and a partner.

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2021-01-11
The fees banks charge to merchants have skyrocketed because people are making more purchases using their credit cards during the pandemic. Lawmakers can cap these fees before they further eat into retailers' profits.

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2021-01-11
On January 11, 2021, leading propane supplier Ferrellgas Partners, L.P. of Overland Park, KS, and subsidiary Ferrellgas Partners Finance Corp.
2021-01-11
On January 11, 2021, leading propane supplier Ferrellgas Partners, L.P. of Overland Park, KS, and subsidiary Ferrellgas Partners Finance Corp.
2021-01-11
Members of the House could return to Washington early this week to vote on impeachment, while the National Credit Union Administration will revisit risk-based capital rules.

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2021-01-11
Citizens Financial Group has branded its point-of-sale lending software as Citizens Pay, saying it wants to more clearly define it as a merchant tool for "budget-friendly payment options" for customers wanting a transparent and predictable way to

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2021-01-11

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2021-01-11
Organizers of First Bank of Central Ohio will need to raise $20 million before it opens.

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2021-01-11
The biggest banks are likely to repurchase $10 billion of stock, including $3.2 billion by JPMorgan Chase; the moves follow last week’s storming of the Capitol by Trump supporters.

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2021-01-10
The Mint’s facilities in Denver and Philadelphia worked overtime in the second half of 2020 so that banks and retailers could get more change into customers’ hands.

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2021-01-10
The actions follow earlier announcements from Marriott International, Blue Cross Blue Shield and Commerce Bancshares, which said they are suspending financial support for all lawmakers who voted against certifying Joe Biden's election as president

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2021-01-08
Wells Fargo gets released from one enforcement order, still has 10 to go; tax hikes and tougher regulators among possibilities waiting for banks with Democratic sweep; next round of PPP has more incentives for smaller lenders; and more from this w

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2021-01-08
Absa Group is drawing on global training data from the fintech Kasisto and annotators who review conversations with clients to help in fine-tuning its virtual assistant.

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2021-01-08
In a letter to credit unions, NCUA urged federally chartered shops to expand their fields of membership to underserved areas, regardless of geography, in order to boost financial inclusion in the wake of the pandemic.

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