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Marshland Credit Union hires Synovus exec as CEO
Ransomware group attacks a New Jersey bank — then shuts down
CFPB restarts Military Lending Act exams
Key capital measure not working as Fed intended, Powell says
An industry transformed: Payments after the pandemic
Fed holds rates at zero, projects two hikes by end of 2023
Why so many banks are getting dropped from the Russell 3000
Bankers upbeat on loan prospects even as headwinds persist
HSBC set to announce sale of French retail unit to Cerberus
How banks can limit the financial impact of cyberattacks
Startup launches digital-first expense management Mastercard
As credit unions resume M&A, bankers renew attacks on tax exemption
Second Circuit Reverses Ruling in FDCPA Case
The U.S. Court of Appeals for the Second Circuit recently held that a debt collector’s settlement offer must indicate whether interest and fees are continuing to accrue on the outstanding debt, or alternatively, whether payment of the settlement amount by ... Read full article
CFPB Issues Mortgage Servicing FAQs
The CFPB recently released new FAQs regarding the Mortgage Servicing Rule and Regulation X and Regulation Z relating to escrow account guidance and analysis. Putting it Into Practice: Some key takeaways include the following: ... Read full article
House Subcommittee Launches Investigation into FinTech Companies’ Role in Allegedly Fraudulent PPP Loans
The House Select Subcommittee on the Coronavirus Crisis recently announced an investigation into the role of four Fintech companies and partner banks in issuing allegedly fraudulent Paycheck Protection Program (PPP) loans. The Subcommittee’s press ... Read full article
Capital One snags credit card partnership with Williams-Sonoma
Credit union flips script on branching with tech makeover
CEO of Bloom Credit Union retiring in July
Two more regional banks are rethinking overdraft fees