March 22, 2015
Germany: Savings bank associations eye merger
Savings bank associations of two German states are pushing for a combination of their mortgage-lending banks, Stuttgarter Zeitung reported on Saturday, without citing sources. A merger will be proposed to...
March 12, 2015
CFPB Lifts The Lid On Bank And Credit Union Legal...
The Consumer Financial Protection Bureau (CFBP) announced yesterday (March 11) that its examiners have uncovered legal violations that will result in $19.4 million being given back to more than 92,000 consumers. Get...
March 10, 2015
How SEQR Turns All Media Into A Third Retail Sales...
Today, trade consists of two sales channels: physical stores and online.But what mobile wallet SEQR, provided by Seamless, sets out to do with Shop Spot is provide create a third...
March 09, 2015
Digital Banking’s 70 Percent Edge
Bankers might soon have to take the final leap into digital banking, with over 70 percent of banking customers reporting a preference to an online application for opening checking accounts. Get...
March 03, 2015
Grow Financial Credit Union Integrates Apple Pay
Is Apple Pay really the way to pull younger customers into traditional banks and credit unions? That might seem to be a no-brainer. Millennials — born between 1980 and 2000 — are...
February 19, 2015
Will The CFPB Get Its Own Watchdog?
Back in 2010 and in the aftermath of the financial meltdown, the CFPB was created by passage of the Dodd-Frank Act. Its intentions were to protect consumer rights in the...
February 17, 2015
Target’s Fall In Canada A Wakeup Call To Suppliers
Target’s recent fall to bankruptcy in Canada means bad news for a lot of people. The company filed for bankruptcy protection last month and announced it will close all 133...
January 28, 2015
Student Borrowers Finding The Importance of Earnest
Big data has begun to be used with increased frequency to determine creditworthiness and the ability to get financing without formal bank statements. British startups like HelloSoda and Filipino startups...
January 27, 2015
Poland: Antitrust authorities scrutinize oppressive mortgage interest rates
Commercial banks in Poland fell under detailed scrutiny of Polish antitrust authorities after some financial servicers refused to cut interest rates on mortgage loans offered in Swiss francs, despite the...