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Exploring whether PPP runoff will expose revenue weakness at banks; Citi, BNY Mellon earn top grades for transparency on how they pay women and employees of color; three new candidates emerge to head OCC; and more from this week's most-read stories.
March 26 -
The country has lots of smartphones, few plastic cards, and it's just starting to get rid of cash.
March 26 -
Twelve months after the public health emergency began, executives say it forced them to reexamine where employees work, retail strategies, office layouts and more.
March 22 -
Challenger bank TomoCredit rolls out first credit card that doesn't use FICO score; the first penalty for pot banking violations lands on a credit union; blame Treasury, IRS for delay in stimulus payments, banks say; and more from this week's most-read stories.
March 19 -
Many consumers pay for this entertainment by credit card, but the prevalence of new streaming services — and other factors such as rewards programs — are starting to influence users' payment habits.
March 19 -
A new report from the regulator shows slower growth in membership and lending, as well as a decline in the number of credit unions reporting profits.
March 18 -
2021's Most Influential Women in Payments honorees demonstrate how a diverse background and a unique perspective can prove crucial in difficult times.
March 15 -
Since late last year, a number of large and regional banks have either replaced their CEOs or announced plans to do so in the coming weeks. Here's an introduction.
March 14 -
The Federal Reserve announced it would extend the Paycheck Protection Program Liquidity Facility until June 30; CFPB delays mandatory compliance date for a new Qualified Mortgage standard; Mehrsa Baradaran emerges as top contender to lead OCC; and more from this week’s most-read stories.
March 12 -
Since romance frauds generate more than 10 times the money for scammers per event than other types of fraud, 2020 saw a substantial boost in the use of this tactic.
March 11 -
Square, LendingClub and SoFi are among the upstarts that once positioned themselves as outsiders but now seek to challenge banks more directly. Here's how they're doing it.
March 10 -
Some nominees poised to take their agencies in a new direction appear headed for Senate confirmation while an intraparty squabble has delayed the administration’s choice to lead the Office of the Comptroller of the Currency. Here’s the roster update.
March 9 -
As the lockdown subsided and stores began to re-open, the habits of the British shopper had changed, forcing banks and merchants to adjust.
March 9 -
Lending slowed, credit allowances mounted and return on assets as well as other performance ratios weakened, according to year-end figures from the credit union regulator.
March 8 -
Banks lobby Congress to postpone PPP deadline; Biden’s CFPB nominee puts loan servicers, credit bureaus on notice; commercial real estate lenders worry office workers won’t come back; and more from this week’s most-read stories.
March 5 -
The new leaders include some who succeed retiring chief executives retiring and others stepping in after unexpected departures.
March 5 -
Biden plan to help smallest PPP applicants has drawbacks, banks warn; CFPB goes on hiring spree as it looks to ramp up enforcement; seeing if HSBC’s patience on fate of U.S. retail unit will pay off; and more from this week’s most-read stories.
February 26 -
More people are joining the gig economy, and a major driver of this trend — particularly for those working multiple gigs — is a need for faster access to cash to meet expenses.
February 26 - PSO content
Debit is a powerful tool for consumers, an important revenue source for financial institutions and a critical payment method for merchants, and it's importance has grown during COVID-19.
February 18 -
With Card Forum: Contactless about to kick off, it's important to know the major issues ahead of time so you can get the most out of the virtual event on March 16.
February 16