Observers see recent comments by acting Comptroller of the Currency Keith Noreika as a sign that the agency may plow ahead on its policy for fintech firms.
Community banks are less likely to close branch locations than their larger counterparts. But those branches should mix technology with the homespun local flavor customers have come to expect.
Many of Zelle's member banks chose to migrate clearXchange users to the relaunched service. It's a potential convenience, but if executed without end user awareness or consent it can irritate consumers.
There is too much customer and regulatory inertia for banks’ business model to become irrelevant overnight. The real danger is banks will fade out of the picture over time.
Readers this week highlighted the need for banks to upgrade payments systems, debated a small bank’s decision to ditch its legacy core vendor, lamented populist initiatives of the GSEs, and more.
Jerome Powell says it's “now or never” to cut the government’s role in mortgage finance; Justice Department is monitoring eight banks for suspected money laundering.
Le réchauffement climatique et l’épuisement des ressources non renouvelables nous imposent un nouveau mode de vie plus écologique. Les travaux de rénovation comme la plomberie ou d’aménagement d’une maison en vue de se conformer aux nouvelles normes environnementales ne sont pas sans incidence financière. Afin de vous aider au mieux, Rénovation Info Service vous indique […]
National Credit Union Administration Chairman J. Mark McWatters said dropping Consumer Financial Protection Bureau oversight of credit unions would free up CFPB resources.