2018-10-22
Better web access, paid for by banks, could go a long way toward moving the unbanked into the mainstream. It was one of many ideas batted around at a recent a conference on the role fintech can play in promoting financial inclusion.
Read More from: BankThink
2018-10-22
The firm is disbanding its consumer and commercial banking division and will make the Marcus brand one of the new business offerings that can be sold to its wealth management unit’s expanding roster of clients.
Read More from: BankThink
2018-10-22
The Federal Housing Administration is making it easier for reverse mortgage servicers to submit insurance claims by expanding the types of supporting documentation it will accept on defaulted loans.
Read More from: BankThink
2018-10-22
The gap in attitudes and outlook on gender inclusion is wide enough that women and men in financial services often have entirely different takes on gender in the workforce, with men much more likely to have an outsized positive view on progress in
Read More from: BankThink
2018-10-22
The bank failed to tell investors that the success of its cross-selling was built on “sales practice misconduct at the bank,” the state attorney general said.
Read More from: BankThink
2018-10-22
Efforts to soften the ban on proprietary trading, now up for debate by regulators, put the country and taxpayers at risk once again.
Read More from: BankThink
2018-10-22
In a move designed to improve access to financial products for consumers with low credit scores and short credit histories, Experian, FICO and Finicity are developing an "UltraFICO" score that lets individuals share checking and savings account da
Read More from: BankThink
2018-10-22
Plaid will be able to access the bank’s customer information through a secure API. JPMorgan has similar agreements with three other fintechs.
Read More from: BankThink
2018-10-22
Jeff Szyperski wants regulators to update the definitions of assessment areas under the Community Reinvestment Act, and remove 'arbitrary' asset thresholds from bank regulation in general.
Read More from: BankThink
2018-10-22
The $22.9 billion-asset TCF also highlighted improvements in credit quality in the third quarter as it continued to exit the auto finance business.
Read More from: BankThink
2018-10-22
Welded Construction, L.P., along with its affiliate, Welded Construction Michigan, LLC, has filed a
Read More from: Bankruptcy and Restructuring Law Monitor
2018-10-22
Welded Construction, L.P., along with its affiliate, Welded Construction Michigan, LLC, has filed a
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2018-10-22
Anyone who does farm bankruptcies should be familiar with the Perishable Agricultural Commodities Act (PACA). This law provides in part that proceeds from the sale of produce received by a merchant, dealer or broker shall be held in trust fo
Read More from: Tampa Bankruptcy
2018-10-22
The challenger bank is “rebundling” banking, offering more pieces of traditional financial services for a flat monthly fee.
Read More from: BankThink
2018-10-22
The bank will still use GoTo, an app consumers can use to communicate with a personal banker, but no longer own the Pivotus subsidiary that created it.
Read More from: BankThink
2018-10-22
Brian Johnson, the agency’s second-in-command, wields much power; Fair Isaac is planning changes to credit scoring to boost approvals.
Read More from: BankThink
2018-10-22
The $380-billion asset company will soon join the parade of big banks and tech companies that are migrating online to meet the demands of business owners.
Read More from: BankThink
2018-10-22
Among the many protections afforded creditors under the Bankruptcy Code is the estate’s ability to avoid transfers made before the petition date that benefit certain creditors at the expense of others.
Read More from: Business Finance & Restructuring News - Weil