Consumer banking

Biden v. Warren: Banking could take center stage in Democratic debate

09/09/19

When the former vice president and Massachusetts senator appear together in Houston, they could present two contrasting visions of financial policy within the presidential field.

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U.S. ATM inventor celebrates its 50th anniversary

09/09/19

Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.

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Why M&T says it can withstand lower interest rates

09/09/19

M&T has skillfully used hedges, maintained an appropriate loan mix and resisted offering market-leading deposit rates, its chief financial officer said at a financial services conference.

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Challenger banks apply pressure with fee cuts

09/08/19

Charging customers $40 for a $10 overdraft “makes no mathematical sense,” Chime CEO Chris Britt says in a critique of traditional banks.

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'A complex and unworkable mess': Comments of the week

09/05/19

Readers strongly react to whether the CFPB should have a say on bank mergers and if tribal areas should have special CRA credit, debate whether banks are embracing enough technology and more.

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Successful bankers step outside the branch

09/05/19

With brick-and-mortar locations dwindling, it’s even more important to meet potential customers in the field.

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Goldman thins its partnership ranks; Wells responds to Warren

09/05/19

About 15% of the bank’s partners are likely to leave this year to make room for new ones; the bank said it is looking into why it charges some customers even after their accounts are closed.

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Traditional banks continue to flirt with obsolescence

09/04/19

Banks have to be more resourceful with technology and less dependent on high interest rates.

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CFPB should have a say in bank mergers

09/03/19

An agency with a mission to protect consumers deserves to have a role in approving M&A deals.

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Prompt notification would ease pain of data breaches: Survey

08/30/19

At the same time, consumers hold banks to tougher disclosure standards than government agencies, health care organizations and retailers, according to Experian.

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