February 19, 2024
Via: DailyFXMarkets have not been deterred by the fact that Japan has entered into a recession, still indicating a high probability that the Bank of Japan will vote to hike interest rates by 0.1% to exit its long-standing negative interest rate […]
February 15, 2024
Via: YahooFortune magazine again recognized U.S. Bank as one of the 2024 World’s Most Admired Companies, naming it No. 1 in the Superregional Banks category for the 14th consecutive year. Within the Superregional Banks industry category, U.S. Bank topped the list […]
February 14, 2024
Via: JD SupraCryptocurrency, a digital form of currency that uses cryptography for security, has become a significant part of the global financial landscape. As such, it has also become an important consideration in estate planning. This Dechert OnPoint provides an overview of […]
February 14, 2024
Via: JD SupraBeginning May 11, 2024, non-banking financial institutions regulated by the Federal Trade Commission (FTC) will be required to submit notifications of data breaches or other security events that impact 500+ consumers. The FTC issued a final rule (the Rule) amending […]
February 13, 2024
Via: FinTech FuturesFounded in 2000, Ateo specialises in providing post-trade solutions, including post-trade allocation, clearing engine and APIs, for banks, brokers, dealers and the wider trading industry. The French company has been engaged in a partnership with Trading Technologies since November 2022, […]
February 13, 2024
Via: FinTech FuturesFounded in 2000, Ateo specialises in providing post-trade solutions, including post-trade allocation, clearing engine and APIs, for banks, brokers, dealers and the wider trading industry. The French company has been engaged in a partnership with Trading Technologies since November 2022, […]
February 12, 2024
Via: YahooIn this article, we discuss 11 best regional bank dividend stocks to buy. You can skip our detailed analysis of the banking sector and its performance last year, and go directly to read 5 Best Regional Bank Dividend Stocks to […]
February 12, 2024
Via: Banking DiveBill Holdings had been planning on increased work from Bank of America, but now that plan is up in the air, the CEO for the bill-pay fintech said last week. Bill, which provides bill pay and other accounting software services […]
February 9, 2024
Via: JD SupraOn February 6, 2024, National Credit Union Administration (NCUA) Chairman Todd M. Harper spoke at a Brookings Institution event to outline his regulatory agenda and supervisory priorities for 2024. His prepared remarks addressed the 90th Anniversary of the Federal Credit […]
February 8, 2024
Via: Payments DivePayPal’s new management isn’t finished cutting costs in its pursuit of more profitable growth, according to the digital payment company’s new chief financial officer. Chiming in for the first time Wednesday during a presentation of the San Jose-based company’s fourth-quarter […]
February 7, 2024
Via: JD SupraThe Decree responds to various criteria issued by Mexico’s Supreme Court of Justice (the “SCJN”), which declared that several financial laws were unconstitutional. These criteria had been leveraged by participants in the financial sector to vacate fines and sanctions. For […]
February 2, 2024
Via: Banking Dive“Sabbatical” is typically a word associated with tenured professors, who take time off to pursue intellectual pursuits. But what if you didn’t have to teach university courses to earn extended paid time off? Bank of America’s offering, launched in January […]
January 26, 2024
Via: FinTech FuturesUK asset management firm Abrdn has announced it is implementing a new “transformation programme” in a bid to streamline its operations and bring down costs, with 500 job cuts proposed. The company says the programme “targets an annualised cost reduction […]
January 24, 2024
Via: Insurance JournalMissouri consumers had more than $27.5 million returned from their insurance companies in 2023, the Missouri Department of Commerce and Insurance (DCI) announced. The amount returned to Missouri consumers was a result of DCI’s Insurance Consumer Affairs Division’s mediation work […]
January 24, 2024
Via: Payments DiveThe Fed’s report documented the financial squeeze that creditors, especially low-income consumers, were experiencing in recent years, due to rent, auto and credit card payments. More than half of low-income (57%) and moderate-income (53%) consumers were rent-burdened in 2021, meaning […]
January 23, 2024
Via: DailyFXEUR/USD has been moving lower this week, but has so far managed to hold above its 200-day simple moving average near 1.0840. For sentiment around the euro to improve, the bulls have to protect this floor at all costs; failure […]
January 5, 2024
Via: FinTech FuturesThe agreement will see the bank adopt its partner’s ATM-as-a-Service and ITM-as-a-Service offerings as a means to simplify access to financial services for the consumers and businesses it has been serving across Kansas City, USA, for the last 90 years. […]
January 5, 2024
Via: JD SupraAmerican Bankers Association, America’s Credit Unions, and Independent Community Bankers of America wrote a letter to CFPB Director Rohit Chopra to address their concerns that the CFPB’s proposal for rulemaking on non-sufficient funds (NSF) and overdraft fees triggers the statutorily […]
January 4, 2024
Via: YahooU.S. Bank recently honored two small business clients for their extraordinary commitment to their communities with the bank’s first-ever Boundless Potential award. Taqueria Durango, a Mexican restaurant in St. Louis, and Interfaith Dental, a nonprofit dental clinic in Nashville, were […]
January 4, 2024
Via: YahooThe most recent trading session ended with U.S. Bancorp (USB) standing at $43.21, reflecting a +1.08% shift from the previouse trading day’s closing. The stock’s performance was ahead of the S&P 500’s daily loss of 0.34%. Meanwhile, the Dow gained […]