Bankruptcy Blogs

How GIS maps help banks chart course for branches, lending

02/14/17

More and more banks are using advanced geographic information systems to help make decisions around branch consolidation, lending in low-income communities, monitoring fraud and even deploying talent.

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Inside a bank’s call to be an M&A buyer and seller at the same time

02/14/17

Not every bank could simultaneously make and entertain acquisition offers like Pacific Continental did, but its story highlights hard questions facing financial institutions in a consolidating industry.

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Is AI making credit scores better, or more confusing?

02/14/17

The credit score has evolved from one number to an array of scores, informed by analytics and increasingly enhanced with artificial intelligence.

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McMahon easily confirmed as head of SBA

02/14/17

Linda McMahon, who married into one of wrestling’s founding families and helped build the WWE into the largest professional wrestling company in the world, was confirmed Tuesday as the head of the Small Business Administration.

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Synchrony issues new credit cards for airline Cathay Pacific

02/14/17

The cards could prove to be popular with Americans who travel frequently to Asia.

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Fintech firms form new research group

02/14/17

The Online Lending Policy Institute says it aims to fill a gap in fintech research.

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California regulator acknowledges 'legitimate criticisms' of state licensing

02/14/17

Jan Owen, California's commissioner of business oversight, on Tuesday invited representatives of 13 fintech companies to a "frank, constructive dialogue" on the obstacles they face with state licenses.

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The upshot for banking from Yellen's Senate appearance

02/14/17

Federal Reserve Chair Janet Yellen appeared Tuesday before an uncommonly collegial hearing of the Senate Banking Committee, but the lack of outward drama masked the fact that lawmakers from both parties were using her testimony to lay the groundwork for a broader battle over the future of regulatory reform.

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Progress Financial to buy First Partners Financial in Alabama

02/14/17

Progress will pay $42 million to expand in Birmingham, Ala., adding branches in a market where it hired a lending team last year.

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Management shuffle at Peapack-Gladstone in N.J.

02/14/17

The bank has shifted Chief Operating Officer Finn Caspersen Jr. to chief strategic officer and hired Robert Plante to succeed him as COO.

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