2020-11-13
A recent decision from the United States Bankruptcy Court for the Central District of Illinois (“Court”) is a stark reminder of the importance of paying attention to notices received from bankruptcy cases and the need for creditors to consider ret
Read More from: Krieg DeVault
2020-11-12
A former Fifth Third executive recently accused the company of failing to deliver on a promise to make him president because he’s in his mid-50s.
Read More from: BankThink
2020-11-12
https://www.nytimes.com/2020/11/12/nyregion/nyc-taxi-drivers-coronavirus.html
Originally appeared on The New York Times
Read More from: Shenwick & Associates
2020-11-12
The head of the agency told a congressional panel that the agency is taking steps to prepare for the incoming Biden administration and that she plans to serve until her tenure ends in 2023.
Read More from: BankThink
2020-11-12
The fintech startup, which originally helped users cancel duplicate subscriptions, now wants to encourage healthier financial practices.
Read More from: BankThink
2020-11-12
Lending opportunities have become scarce, especially with commercial borrowers, and banks are resisting the temptation to relax standards to boost volume.
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2020-11-12
As it attempts to craft policy on access to consumers’ financial account information, the agency is wading into a battle between those who want data to flow more freely and those who prioritize security.
Read More from: BankThink
2020-11-12
Wells Fargo is exploring selling a unit offering store-branded credit cards as the bank chooses businesses to keep or break off in a broad strategic overhaul, according to people with knowledge of the matter.
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2020-11-12
The deal, intended to bolster CUNA Mutual's digital capabilities, is the company's second such move in a month.
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2020-11-12
Tina Sbrega, who has been a pioneer in areas including pot banking and credit unions buying banks, will stay on as chair of a subsidiary of the institution.
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2020-11-12
The response exceeded expectations, with more than 1,600 Citi customers requesting a name-change on their cards within the first few weeks of the program.
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2020-11-12
The growing number of defaults is raising concerns that banks will tighten credit, making a bad situation worse; most of the 500 members are academics and Obama White House staffers.
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2020-11-12
A contentious presidential contest and social justice protests have forced employers to consider whether these types of topics should be discussed in the workplace.
Read More from: BankThink
2020-11-12
As noted in prior Alerts, in its order issued April 20, 2020, the Indiana Supreme Court exercised its emergency rule-making authority to order that all Indiana trial courts “shall issue no new orders placing a hold on, attaching, or garnishing fun
Read More from: Krieg DeVault
2020-11-11
Big financial institutions are worried that online wagers made with credit cards pose a heavy risk of money laundering. The possibility of tougher rules under the incoming Biden administration has only compounded their concerns.
Read More from: BankThink
2020-11-11
Bill Bynum, president and CEO of Hope Federal Credit Union, and Gail Laster, former director of the National Credit Union Administration's consumer protection division, are working with the incoming administration.
Read More from: BankThink