Bankruptcy Blogs

Lasting commitment is this bank's selling point for tech startups

02/09/18

Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.

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B of A bumped Moynihan's pay 15% to $23M for last year

02/09/18

Bank of America boosted Chief Executive Officer Brian Moynihan's compensation to $23 million for 2017, a 15 percent increase from a year earlier.

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'ATM jackpotting' thieves arrive in U.S., meet hardier defenses

02/09/18

ATM jackpotting is a crime in which technology is manipulated to get the machine to dispense all the money it has. Unlike most cyber crime, it requires physical access, which increases the chances of getting caught.

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Fintechs find another untapped market: New immigrants needing credit

02/09/18

For many newcomers to the U.S., establishing credit is a big challenge. A handful of entrepreneurs are developing tools to help verify their financial histories.

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Visa to acquire Fraedom to expand B-to-B services

02/09/18

In a move to support its business-to-business payments platform, Visa has agreed to acquire software provider Fraedom.

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Getting ahead of risk involves asking the right questions

02/09/18

Identifying threats to a single bank or the financial system as a whole can be tricky, but there are steps bankers can take to protect themselves.

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What’s SoftBank up to?; AIG’s bad earnings

02/09/18

Analysts are wondering what the big Japanese technology fund plans to do with its proposed stake in Swiss Re; the insurer takes a onetime $6.7 billion loss due to tax reform.

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'It's about time that there is sane leadership at the CFPB': Comments of the week

02/08/18

Readers react to the Consumer Financial Protection Bureau pulling back from investigating the Equifax breach, opine on the Federal Reserve's tough enforcement against Wells Fargo, weigh in on gender pay issues and more.

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Why did this bank CEO get fired shortly after reporting a profit?

02/08/18

Codorus Valley Bancorp fired Dwight Utz, the head of its bank unit, "without cause" just a few weeks after reporting earnings of $12 million for 2017.

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