ABI Blog Exchange

2018-06-20
Democrats attempted to counter Republicans’ praise for the increased investment, wages and bonuses resulting from the tax bill by tying it to Wells Fargo's recent scandals.

Read More from: BankThink

2018-06-20
The settlement resolves one of several regulatory issues that have dogged the German bank's U.S. operations.

Read More from: BankThink

2018-06-20
The online lender wants to provide instant payments and securitizations alongside instant loans, according to CEO Anthony Noto.

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2018-06-20
Paycheck information gleaned from bank accounts is emerging as an alternative to verifying a mortgage applicant's income and employment with a 4506-T tax transcript request to the IRS.

Read More from: BankThink

2018-06-20
The companies announced Dr. Atul Gawande, a professor at Harvard and the author of several books on health care, will lead the new health venture starting July 9. But other questions remain unanswered.

Read More from: BankThink

2018-06-20
Robinhood Markets has more than 4 million U.S. consumers using its free stock-trading platform. Now, it's in talks to offer them other banking services like savings accounts, according to people familiar with the matter.

Read More from: BankThink

2018-06-20
The bank’s weakened public reputation makes it a target for additional attacks.

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2018-06-20
The Social Security Administration (SSA) provides several types of disability benefits.

Read More from: Young, Marr & Associates

2018-06-20
Fountain City Fintech, a program planned by NBKC Bank, would be one of the first fintech incubators formed by a community bank.

Read More from: BankThink

2018-06-20
The company will pay $48 million for four branches and $230 million in loans.

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2018-06-20
Jelena McWilliams said the agency will ask banks what's working and what's not; the acquisition of Hyperwallet Systems lets PayPal offer more services.

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2018-06-19
Kathy Kraninger, a top official at OMB and nominee to head the CFPB, likely had a role in setting President Trump's "zero-tolerance" immigration policy, according to former OMB officials.

Read More from: BankThink

2018-06-19
The Dallas company expects to report a higher loan-loss provision after the loans, which include two shared-national credits, deteriorated in the second quarter.

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2018-06-19
JPMorgan Chase and Wells Fargo are following Silicon Valley's lead by offering new fee-free accounts. While there are risks involved, the cost of doing nothing would be significant, analysts said.

Read More from: BankThink

2018-06-19
U.S. officials are letting big banks exploit loopholes in Dodd-Frank rules that were meant to curb excessive risk-taking in derivatives, several academics and former policymakers warned. They urged state attorneys general to take action.

Read More from: BankThink

2018-06-19
Ruoff Financial will make its first push into banking with the purchase of SBB Bancshares.

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2018-06-19
The Community Reinvestment Act needs to be updated, but in doing so Congress should remember why the law was created in the first place, argues Rep. Gregory Meeks.

Read More from: BankThink