Bankruptcy Blogs

Cryptocurrency AML software vendor Elliptic gets $23 million in funding

09/04/19

The company sees increasing consumer demand for cryptocurrency, especially in Asia, and gradual acceptance among financial institutions.

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Fintech aims to resolve bank infighting over robo assets

09/04/19

Despite the growth of digital advice, there's resistance to the business inside banks because of internal politics and a lack of data sharing, the company's CEO says.

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Judge tosses out state regulators’ challenge of OCC charter a second time

09/04/19

With no fintech applicant officially seeking the agency’s specialized charter, Judge Dabney Friedrich said claims by the Conference of State Bank Supervisors still were not ripe.

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Why bank M&A is flourishing in the Garden State

09/04/19

Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.

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HUD plows ahead with effort to restrict down payment assistance

09/04/19

The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.

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Elevations Credit Union plans to buy Colorado bank

09/04/19

The pending sale of Cache Bank & Trust would be the first credit union-bank deal in the state.

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Senate panel sets GSE hearing as administration's reform plan nears

09/04/19

With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.

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Traditional banks continue to flirt with obsolescence

09/04/19

Banks have to be more resourceful with technology and less dependent on high interest rates.

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Goldman’s Chavez to retire; credit unions on bank buying spree

09/04/19

The co-head of the bank’s securities division, 55, was once seen as a possible CEO; the institutions are gobbling up small banks at a record pace, prompting pushback from banks.

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Why the CFPB’s payday rule is in the hands of a Texas judge

09/03/19

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.

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