BB&T to pay special dividend due to tax cut

02/23/18

Banks may start paying special dividends now that capital levels have improved.

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Wells sparks more social media anger after second glitch in two weeks

02/22/18

Some Wells Fargo customers on social media Thursday afternoon expressed frustration with not being able to log in to accounts digitally. The San Francisco bank responded in a tweet acknowledging the problem.

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First National of Omaha to drop NRA card partnership

02/22/18

Facing pressure to act on gun control laws, the Omaha bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card."

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CFPB wants firms to sound off, but openness carries hidden risks

02/22/18

Commenting on the consumer bureau’s enforcement practices as part of a CFPB review could help shape regulatory reforms, but it could also draw attention to a firm’s run-in with the agency.

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U.S. Bank teams up with fintech on digital auto lending

02/22/18

The bank will allow its customers to apply for car financing online and receive a decision within minutes.

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Could a spike in IRS budget solve income-verification problems?

02/22/18

Financial services groups are calling for more funding for the Internal Revenue Service that could fix flaws in the agency's system for verifying the income of mortgage applicants.

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Are banks doing enough to protect Zelle users from fraud?

02/22/18

In Zelle’s national advertising campaign, the bank-run P-to-P network spotlights consumers paying a personal trainer, a babysitter and a neighbor. It sets an expectation that Zelle can be used like a credit card, and scammers have figured out how to exploit this trust.

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Cryptocurrency regulation is a job for Treasury

02/22/18

As Congress considers new rules for digital currencies, lawmakers should consider putting responsibility in the hands of the Treasury Department, given its role in handling traditional currency.

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USAA recruits fintech veteran for innovation outreach

02/22/18

Scarlett Sieber will be based in the bank’s Labs division, working on forging partnerships with fintech firms.

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PNC promotes Parsley to vacant chief operating officer post

02/22/18

William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending.

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