Bankruptcy Blogs

Is digital banking as easy as building Legos? This fintech thinks so

09/14/18

SynapseFI is engineering banking to work as digital parts that connect so easily an amateur developer could potentially build a functioning bank.

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The other housing crisis, Dimon v. Trump, small-dollar lending: Top stories of the week

09/14/18

A new, 10-part podcast series examining housing blight; JPMorgan’s Jamie Dimon baits President Trump; U.S. Bank returns to small-dollar lending; and more from this week’s most-read stories.

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FHFA denies rumors Watt will duck House hearing

09/14/18

The agency’s director has been under pressure to quit as he is investigated for sexual harassment allegations, but an agency spokesperson says he still plans to testify at a housing finance hearing slated for later this month.

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A bank deal that gives the buyer room to shrink

09/14/18

First Busey is buying a bank with a large securities portfolio, whose size would be easier to adjust than traditional bank assets as it seeks to stay below the $10 billion mark.

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N.Y. state refiles suit to block OCC's 'reckless' fintech charter

09/14/18

The state's banking regulator and the Conference of State Bank Supervisors are reviving litigation after the Office of the Comptroller of the Currency said it would accept charter applications.

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Managing employee anxiety during a rebrand

09/14/18

As Synovus brought all of its 28 banks under the same name and logo, management made sure employees were well informed and comfortable with the changes.

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Cryptocurrencies will survive price swings: Coinbase

09/14/18

Digital currencies can outlast bitcoin's volatility because they are more egalitarian than the traditional payment system and offer a better alternative for emerging countries, the cryptocurrency exchange says.

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Making sure fintech is friend, not foe, for community lenders

09/14/18

Small banks and credit unions are searching for a high-tech edge over big-name financial institutions, and Amy Gililland at the technology firm Kasasa says it’s a goal that is within sight.

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Ukraine Wins Appeal in Russian Bond Case

09/14/18

Ukraine and Russia have been battling it out in English courts over whether Ukraine must repay a $3 billion Russian loan from 2013. The loan was unusual both in structure and in substance.

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Wells, OCC ‘on path to resolution’ for auto borrowers: CFO

09/14/18

Speaking at an investor conference in New York, John Shrewsberry addressed a recent media report saying regulators had rejected Wells Fargo’s restitution plan for overcharged auto customers.

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