Sanders, Gillibrand Renew Fight Over Postal Banking

Sanders, Gillibrand Renew Fight Over Postal Banking

The legislation calls for a non-profit bank offering low-cost checking and savings accounts, ATMs, mobile banking and low-interest loans to be
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Capital One overtakes Bank of America as largest bank in Greater Washington

Capital One, with more than $49 billion in local deposits, captured 15.66% of the market as of June 30, overtaking banking giant Bank of America, which
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Why do bankers behave so badly? They make too much money to ask questions

Over the past 16 months journalists have been scouring through more than 2,000 Suspicious Activity Reports originally sent by banks to the United
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BayPort Credit Union Hires New Vice President, Business Banking

Edwards is a commercial banking professional and brings more than 15 years of experience in portfolio management, business relationship
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Global Banking Services Industry Market Procurement Intelligence Report with COVID-19 Impact …

A targeted strategic approach to Global Banking Services Industry sourcing can unlock several opportunities for buyers. This report also offers market
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Digital banking takes off amid Nigeria's pandemic

But a new breed of digital banks say business is booming. Babs Ogundeyi founded Kuda Bank in August 2019 with 500 customers. He says since April
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Goldman Sachs Is Partnering With Walmart to Expand Its Consumer Banking Business

However, over the past few years it has started to make a big push into the consumer banking side of the business. First, it rolled out the Marcus brand,
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Brazil's banks try to outflank challengers by investing in a $15 million round for Quanto

Joining Brazil's two largest banks are Kaszek Ventures, one of Latin America's largest venture capital firms, and Coatue, the multi-billion-dollar hedge
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Fed pushes its own plan for CRA overhaul

The central bank would also expand the community development activities for which banks can receive CRA credit. Under the Fed plan, smaller banks
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Tink acquired open banking fintech Openwrks' aggregation platform to establish its position in the UK

With open banking on the rise in the UK, we think Tink's expertise will be welcomed for future partnerships with FIs. Insider Intelligence publishes
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Pandemic Underscores Need for Banks to Accelerate Adoption of Modern Bill Pay Technology

Of the 15.5 billion bills paid by U.S. consumers in the last 12 months only 2.1B were paid using bank bill pay. Accustomed to frictionless digital
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A dream kitchen made easy with banking done right

First Commonwealth Bank helped this family realize the potential of their home and organize their finances to remodel the kitchen for their growing
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Lenders Discuss Challenges in Boutique Hotel Financing

In a difficult lending environment for hotels, financial professionals in the industry said it's a little easier to get equity financing now, but on the debt side
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Bank-Occupied STNL Assets Pose Challenges for Buyers and Sellers

A president of a large banking institution recently told me that bank branches have become very expensive billboard advertising for the brand.
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Gov. Gordon Lauds OK of Crypto-bank

Thanks to Ogden Driskill, Tyler Lindholm, Jared Olsen, Chris Rothfuss and Caitlin Long, as well as Albert Forkner of the Wyoming Banking Division, who
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Brewer, Cory join team at First Reliance Bank

First Reliance Bank has expanded its Lake Norman Loan Production into a full-service branch offering personal banking, business banking and a full
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US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator

As the OCC recently reaffirmed, national banks may provide permissible banking services to any lawful business they choose, including cryptocurrency
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What are the Main Factors Influencing Banking M&A during the COVID-19 Pandemic? Infiniti's …

How can banks and financial institutions recover from this challenge? Banking M&A has been one of the most effective and beneficial paths to recovery
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Banner Bank Announces Retirement of Chief Credit Officer; Promotion of Replacement

Barton joined Banner Bank as Chief Credit Officer in 2002, and retires with more than 48 years of experience in the banking industry. “We are extremely
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Powell speech: Banking system has held up well so far

“Stress tests themselves always err on the side of safety.” “No plans to change banks living will review schedule.” “So far, banking system has held up
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