ABI Blog Exchange

2017-06-15
Thirty-eight House Democrats sent a letter to President Trump voicing their concern that Wall Street insiders will be appointed to top spots at the Federal Reserve Board.

Read More from: BankThink

2017-06-15
Most fintech startups fall into one of two camps: those that want to compete with banks and those that want to save banks from themselves. Ripple is the rare exception that wants to do both.

Read More from: BankThink

2017-06-15
Fed Chair Janet Yellen called the Treasury's report a "complicated document" that shared many of the central bank's objectives, including reducing regulatory burden without sacrificing safety and soundness.

Read More from: BankThink

2017-06-15
While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.

Read More from: BankThink

2017-06-15
Bank of America will keep cutting costs even after reaching its annual spending goal of $53 billion by finding more ways technology can replace people, Chief Operating Officer Tom Montag said.

Read More from: BankThink

2017-06-15
Centana Growth Partners has raised $250 million for investment in what it describes as financial services startups with innovations that can be turned into real products.

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2017-06-15
Casey Crawford, head of the rapidly growing Movement Mortgage, recently recapitalized First State Bank in Danville, Va., with his own money.

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2017-06-15
Amid a sharp rise in delinquencies, Signature may try to sell all or parts its $603 million taxi medallion loan portfolio.

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2017-06-15
The city is booming thanks to its rising population, revitalized downtown and diverse economy, attracting bank buyers and de novo interest.

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2017-06-14
Jeff Sovern has an excellent new article about arbitration clauses and class action waivers that uses the Wells Fargo fake account scandal as a test case.

Read More from: Credit Slips

2017-06-14
If you are gainfully employed, the payment will most likely come directly from your wages in the form of a payroll control order.
2017-06-14
Court: “You know, every piece of information and fact out there is within six degrees of separation of the debtors’ assets and financial affairs. The question is where do you draw the line?”
2017-06-14
Court: “You know, every piece of information and fact out there is within six degrees of separation of the debtors’ assets and financial affairs. The question is where do you draw the line?”
2017-06-14
The Original Soupman, Inc. – a Staten Island, N.Y.-based soup company famous for inspiring an episode of the TV sitcom Seinfeld–and two affiliates have filed
2017-06-14
The Original Soupman, Inc. – a Staten Island, N.Y.-based soup company famous for inspiring an episode of the TV sitcom Seinfeld–and two affiliates have filed
2017-06-14
One of the greatest factors hindering a full recovery following the 2008 crisis is improperly calibrated regulation, particularly of regional banking institutions.

Read More from: BankThink

2017-06-14
Two of the biggest online consumer lenders don't always check whether borrowers are lying to them, and if they find errors in an application, they may still approve the loan.

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2017-06-14
The Indiana company will pay $92 million for Wolverine Bancorp

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2017-06-14
One might assume, wrongly, that the successful fintech entrepreneurs are millennials who are only creating lifestyle apps for their age bracket.

Read More from: BankThink

2017-06-14
Trump administration’s “lighter” regulatory proposal signals that banks may finally have entered a “post-crisis” era; IBM rolls out Watson artificial intelligence tools to deal with regulations.

Read More from: BankThink