2020-01-06
On January 6, 2020, Paddock Enterprises, LLC (formerly known as Owens-Illinois, Inc.) filed a petition for relief under Chapter
Read More from: Bankruptcy and Restructuring Law Monitor
2020-01-06
The company will pay $29 million for a bank located northwest of Grand Rapids.
Read More from: BankThink
2020-01-06
Granting a third party access to a bank's systems in exchange for more advanced technology can help prevent fraud, but it can also attract cyberattacks.
Read More from: BankThink
2020-01-06
Some analysts warn the loosening of bank regulations may be hiding risks; watchdogs are demanding proof that financial institutions are ready for 2021.
Read More from: BankThink
2020-01-05
Digital banking will become less visible because it will be embedded in other daily activities with the help of AI, voice interfaces and other emerging technologies.
Read More from: BankThink
2020-01-05
Though there were several high-profile mergers of equals among bigger banks, deal activity rose only slightly, and the vast majority of transactions involved the smallest of institutions.
Read More from: BankThink
2020-01-04
Visit our new website at: https://sites.google.com/site/jshenwick/home
Read More from: Shenwick & Associates
2020-01-03
Several former high-level Wells Fargo executives are under criminal investigation in connection with the bank's fake-account scandal and could be indicted as soon as this month.
Read More from: BankThink
2020-01-03
Banks had the highest turnover of chief compliance officers among the 100 largest financial services firms in the world, according to a recent study.
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2020-01-03
After declining to support the proposal drafted by the OCC and FDIC, the Federal Reserve could issue its own framework or just keep the current CRA regime.
Read More from: BankThink
2020-01-03
Organizers of TYME Bank aim to take advantage of consolidation taking place around Texas.
Read More from: BankThink
2020-01-03
Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.
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2020-01-03
The current climate is akin to the Wild West, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter.
Read More from: BankThink
2020-01-02
The case before the court deals mainly with a statutory clause limiting the president’s ability to fire a CFPB director. But briefs filed with the court say striking that provision does not fully solve the bureau’s constitutional problems.
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2020-01-02
While his focus is on organic growth in Texas and California, Curt Farmer says he would consider a deal in those states if the right one comes along.
Read More from: BankThink
2020-01-02
The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information.
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2020-01-02
November's foreclosure starts hit their lowest level since Black Knight started tracking this data in 2000, while the foreclosure rate reached a 14-year low.
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2020-01-02
Steuben Trust received two bites from potential MOE partners, but the New York bank’s lightly traded stock and many other challenges forced a sale to a much larger rival instead.
Read More from: BankThink