FDIC’s McWilliams looks to Fifth Third to fill senior leadership jobs

03/26/19

Two of three hires announced by the agency come from the Ohio bank, where the FDIC chairman formerly served as a top executive.

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Shop at Amazon, get its stock: Stash's new debit rewards idea

03/26/19

A new feature from the microinvesting app Stash allows users to accumulate free stock in the companies where they spend money.

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CFPB, FTC need more teeth in dealing with credit bureaus, GAO says

03/26/19

The watchdog’s report — requested by Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md. — called for civil money penalty authority and better supervision to guard consumer data.

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Citigroup makes its move in $90 billion battle over swipe fees

03/26/19

Citigroup Inc. is jumping into the battle over the $90 billion in swipe fees that merchants pay each year to process debit and credit cards.

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The story behind Varo Money’s bank charter push

03/26/19

Varo Money might become the first challenger bank to get a national bank charter. CEO and co-founder Colin Walsh explains why he wants Varo to become a bank.

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Fannie and Freddie are way too big

03/26/19

The government-sponsored enterprises have continued to expand over the past decade, despite being in conservatorship. New leadership at the FHFA should reverse this trend.

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JPMorgan's clampdown on data puts Silicon Valley apps on alert

03/26/19

Long-simmering tensions between the financial industry and Silicon Valley startups are erupting behind-the-scenes into a battle over the reams of valuable data held inside Americans' bank accounts.

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How banks are thwarting rogue traders; CFTC relaxes bank hedging rules

03/26/19

Artificial intelligence lets banks predict employee misconduct; banks will get more flexibility on how they count rate swaps.

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What the new Apple credit card means for Goldman Sachs

03/25/19

The Silicon Valley partnership represents an extension of — but also a departure from — the consumer strategy that Goldman has been pursuing since the launch of its digital consumer bank, Marcus.

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Apple Card raises pressure on banks — and fintechs

03/25/19

The new Apple Card wasn't just one product of many announced at the Steve Jobs Theater on Monday — it was the glue that binds all of Apple's new services together.

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