Karen Mills and the case for open banking

07/23/19

The former head of the Small Business Administration and current Harvard professor says data sharing can be transformational for banks.

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Zions' 2Q profit suppressed by rising deposit costs

07/22/19

Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company.

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Senators press Fed's Powell on real-time payments

07/22/19

A group of senators on the Banking Committee sent a letter to the central bank chairman grilling him on the agency's efforts to develop a real-time payments system.

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Warren warns consumer, corporate debt could cause next crisis

07/22/19

The Democratic presidential candidate argued in a blog post that the U.S. could avoid a recession by canceling most student debt and authorizing regulators to more aggressively monitor leveraged lending.

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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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Inside BB&T-SunTrust’s community reinvestment plan

07/22/19

Will the new commitment, which is 5% over what the banks have reinvested recently on their own, assuage advocacy groups' concerns about the merger?

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Equifax agrees to pay $700M to settle breach probe

07/22/19

Equifax Inc. agreed to pay up to $700 million to resolve U.S. federal and state investigations into the 2017 hack that compromised some of the most sensitive information of more than 140 million people.

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As mobile apps proliferate, data protection has to keep up

07/22/19

Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.

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Equifax may be ready to settle; No hint of Dimon’s eventual successor

07/22/19

Firm will pay $700 million to settle issues stemming from data breach; don’t expect JPM CFO Jennifer Piepszak, or anyone else, to be named heir apparent.

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Morgan Stanley to port documents of 1.3M clients to Box's cloud

07/22/19

It's one of the first wealth management firms to share documents with clients through Box.

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