Amazon data glitch could hinder plans for point of sale

11/21/18

There's never a good time to expose customer data, but the incident Amazon disclosed Wednesday could upend two major events: Black Friday/Cyber Monday and a reported effort to get merchants to accept Amazon at the point of sale.

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'Banks controlled by politicians. What could go wrong?': Comments of the week

11/21/18

Readers react to trends in public banking, weigh potential changes for brokered deposits, consider oversight of foreign banks and more.

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Mia Love, a House banking panel member, loses seat

11/21/18

Love, a member of the House Financial Services Committee, was the only Republican member of the Congressional Black Caucus.

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Chase to bring offers to Chase Pay app

11/21/18

Chase is planning to enable users of the Chase Pay app to receive and redeem custom offers from merchants, in addition to the ability to find offers from more than 150 merchants through the Chase Mobile app.

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Goldman, JPMorgan still betting on five Fed hikes by end of 2019

11/21/18

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year.

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Outdated brokered deposit rules need a revamp

11/21/18

Decades-old measures designed to rein in risky lenders are now preventing healthy banks from tapping crucial sources of funds.

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Warren lays into Navient CEO over Education Dept. audit

11/20/18

The Massachusetts senator said the government’s findings bolster allegations that the servicer steered borrowers into expensive student loan forbearance plans.

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Bank regulators propose expanding exemption for residential appraisals

11/20/18

The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices.

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Regional banks are spending heavily on tech. Is it enough?

11/20/18

Are midsize banks in position to disrupt, or are they investing billions in technology because they can’t afford not to?

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CFPB fines Santander Consumer for auto add-on product

11/20/18

The agency alleges the subprime auto lender violated consumer finance laws by misrepresenting the level of guaranteed insurance protection.

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