Bankruptcy Blogs

'Millennials can see through this': How banks' marketing to Gen Y misfires

08/13/19

April Rudin, CEO of the Rudin Group, offers advice on tailoring marketing to younger audiences and women.

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New NCUA chief puts diversity, cybersecurity atop priority list

08/12/19

Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.

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New villain in battle over CFPB mortgage rule: Appendix Q

08/12/19

With the agency mulling changes to the “Qualified Mortgage” regulation, mortgage lenders say little-known standards for how they document a borrower’s income would be a good place to start.

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Consumer groups to CFPB: Implement payday rule

08/12/19

Four advocacy groups questioned why the consumer bureau did not ask a judge to lift a stay of the rule's payment provisions.

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USAA walks the diversity talk with latest tech hires

08/12/19

The San Antonio company named Judith Frey vice president of digital banking, Maria Alvarez Mann chief information officer for bank technology and Carri Arnold bank technology officer.

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Venmo adds Instant Transfer link to bank accounts

08/12/19

As the competition mounts to increase adoption rates for person-to-person payment apps, PayPal's Venmo is adding a way for users to quickly move money from the app to their bank account.

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Professional Holding to buy Marquis Bank in South Florida

08/12/19

The companies said the merger will provide scale and help them update technology more efficiently.

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Pressure's on regionals to boost fee income

08/12/19

Margin expansion may grind to a halt if the Fed holds rates steady or cuts them further. The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps.

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Wells Fargo hires payments vet Colleen Taylor to lead merchant services

08/12/19

Former Mastercard and longtime bank executive Colleen Taylor has joined Wells Fargo, where she will oversee the bank's merchant services strategy.

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It’s all about Capital

08/12/19

In 2018, securitization provided an estimated $13.1 trillion in financing.  Contrast that with the US $10.24 trillion issued at the end of the 2nd quarter of 2008, and we can see that the securitization market is back. However, the market, particularly the market participants, have seen a significant change during years that it took for the securitization market to recover from the financial crisis.

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