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What Supreme Court’s FTC ruling means for LendingClub
Powell calls for CRA expansion; Richard Cordray returns
5G, not digital currency: What BofA tech chief Bessant is bullish on
Bank of America tech chief says cyberattacks have surged ‘dramatically’
Fed’s Powell embraces idea of CRA for nonbanks
Pressure grows on banks to abandon facial recognition tech
Bank of America, JPMorgan enter swaps trade tied to new Libor replacement
Boston Private to make second attempt at investor approval for SVB deal
Traditional SBA lending on upswing as PPP's days appear numbered
Fed official tapped as interim OCC chief: Report
NFC or QR codes? Both have a path forward in mobile payments
SmartFinancial to buy equipment finance company
Deutsche spanked on AML controls; Black homeowners fall further behind
A ‘turnover tsunami’ is coming. Will banks be ready for it?
The Failure of the United States Trustee Program in Chapter 11
The United States Trustee settled with three large law firms that failed to disclose the nature of their relationship with the Sackler Family Purdue when they were engaged by Purdue in its bankruptcy. The result is that these firms will return $1 million ... Read full article
Why are complaints about credit bureaus soaring?
California Largely (But Not Fully) Conforms to Deductibility of Expenses Paid with Forgiven PPP Loans
On April 29, 2021 Governor Newsom signed California A.B. 80, largely conforming to Federal rules relating to deductibility of expenses paid with funds from forgiven Paycheck Protection Program (PPP) loans. The $150,000 limitation in prior versions of ... Read full article
Former Bank of the West employee banned from industry for loan fraud
How five banks gang-tackled one nagging escrow problem