U.S.

Incoming ABA chair on credit union takeovers of banks: Enough

10/28/19

Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

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Auto lenders brace for hit from ride-sharing services

10/11/19

As apps like Uber and Lyft gain more traction, the need for new cars ⁠— and loans ⁠— is expected to diminish.

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U.K.'s Transferwise, once a rival to banks, launches with U.S. FIs

09/26/19

TransferWise once marketed itself as Robin Hood-style rival to banks. Now it sees itself as an ally.

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Summer surge in bank M&A feels like distant memory

09/05/19

Falling stock prices and concerns about the health of the economy are depressing deal activity.

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Inside Berkshire's ambitious diversity campaign

08/29/19

Malia Lazu, a former community organizer, is overseeing a cultural shift at the Boston company that includes a new program designed to make more loans to minorities.

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Revenue-strapped lenders take another look at unbanked customers

08/05/19

With margins under pressure and competition intensifying, a number of community banks are zeroing in on underserved markets.

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As benefit payments went digital, banks had to improve cash access

07/26/19

Most agencies use electronic benefit transfer to deliver funds to prepaid cards, but recipients who need access to cash are often caught in a bind, with fewer convenient or free ATMs available in an increasingly digital payments landscape.

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Equifax fine punches a hole in data security culture

07/22/19

The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.

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Why Uber, Grab are taking bigger steps into fintech

06/11/19

The ride-sharing heavyweights Uber and Grab built their markets by making payments seamless, and their expansion plans are similarly hooked into improving payments and other financial services.

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Even small banks have to get creative to find IT talent

05/14/19

Intense competition for information technology pros is forcing community banks to recruit from outside the financial industry.

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