Apple said to pick Goldman Sachs to issue reward credit card

05/10/18

Goldman Sachs will issue Apple’s new co-brand credit card, according to a person familiar with the matter, as the investment bank deepens its push into consumer finance.

[more]

New ICBA chief comes out swinging

05/10/18

Rebeca Romero Rainey, who has been on the job for less than a week, has already slammed postal banking and pressed for more regulatory relief. In a Q&A, she discusses her plans to foster innovation, tackle succession issues and encourage more banks to stay independent.

[more]

Ex-CEO whose bank hid drug cash is said to face criminal probe

05/10/18

A river of drug-cartel money flowed through the U.S. arm of Dutch banking giant Rabobank, and now federal investigators are pursuing criminal cases against former senior executives for allegedly covering it up.

[more]

'Pay with Wells Fargo' tool added to bank’s mobile app

05/10/18

Wells Fargo is adding a new tool to make its mobile app easier to use as the bank tries to keep Silicon Valley innovators from stealing more customers.

[more]

Dear Congress: Don’t repeat Dodd-Frank’s mistakes

05/10/18

A federal appeals court overturned part of the 2010 law’s risk retention rule earlier this year. The legal battle highlights mistakes to be avoided during the next reform fight.

[more]

Another black eye for Wells; Visa female execs to meet with CEO

05/10/18

The bank said it kept fee rebates that should have gone to a small pension fund; some women say the company “bro” culture hinders their advancement.

[more]

8 insights in the latest HMDA data

05/09/18

From falling originations to market share shifts for nonbanks and government loans, here's a look at key findings from the just-released 2017 Home Mortgage Disclosure Act data.

[more]

Green Dot's mobile growth distances it from its prepaid reputation

05/09/18

The prepaid card issuer is attracting customers who are more inclined to seek it out through the app store.

[more]

HSBC offers Face ID to corporate clients

05/09/18

The move is part of a larger trend to provide enterprise customers with tech capabilities available to retail customers.

[more]

Wells Fargo owes California mortgage bankers $97M for rest breaks

05/09/18

Wells Fargo must pay $97 million to home mortgage consultants and private mortgage bankers in California who didn't get the breaks they were entitled to under the state's stringent labor laws.

[more]