By: Ken Chase. Estimated reading time: 2 minutes The U.S. Securities and Exchange Commission (SEC) is reportedly...
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Fed Boosts Benchmark Interest Rate by 0.75%, Signals More Aggressive Campaign to Combat Inflation
By: Ken Chase. Estimated reading time: 3 minutes As many analysts predicted, the U.S. Federal Reserve ramped up its...
Canada’s VersaBank Makes Bid to Acquire U.S. Bank Charter with Purchase of MN Bank Branch
By: Ken Chase. Estimated reading time: 2 minutes Ontario-based Canadian bank VersaBank has announced its bid to...
Biden Pick for Fed Banking Supervision Role One Step Closer to Senate Confirmation
By: Ken Chase. Estimated reading time: 2 minutes The Senate Banking Committee voted 17-7 on Wednesday afternoon to...
Capital One Launches Enterprise B2B Software Business
By: Ken Chase. Estimated reading time: 2 minutes In a press release this week, Capital One Financial Corp. unveiled...
Senate Banking Cmte Chair Calls on Wells Fargo to Finally Fix Long-standing Problems
By: Ken Chase. Estimated reading time: 2 minutes Senate Banking Committee Chair Sherrod Brown this week urged Wells...
Studies Show Decline in Customer Satisfaction with Bank and Credit Card Digital Services
By: Ken Chase. Estimated reading time: 3 minutes J.D. Power has released several studies that show that customer...
Major Financial Firms Deny Boycotting Energy Companies
By: Ken Chase. Estimated reading time: 2 minutes In a recent response to a request for information from Texas...
CFPB: Borrowers Entitled to Explanation for Credit Denial, Even if Credit Decisions are Based on Complex Algorithms
By: Ken Chase. Estimated reading time: 2 minutes The Consumer Financial Protection Bureau (CFPB) announced on May 26...
Merged Houston Banks to Rebrand as Stellar Bank
By: Ken Chase. Estimated reading time: 2 minutes In a press release this week, CommunityBank of Texas, N.A. and...
Banks Continue to Play Key Role in Economic Growth and Wealth Creation
By: Ken Chase. Estimated reading time: 7 minutes For people who live in the world’s developed nations, the banking...
U.S. Bank to Commit $100 Billion for Community Benefits Plan as Part of MUFG Union Bank Acquisition
By: Ken Chase. Estimated reading time: 3 minutes In a press release on May 9, U.S. Bancorp unveiled a proposed...
Yellen Expresses Confidence in Financial System While Warning of Risk of Continued Volatility
By: Ken Chase. Estimated reading time: 2 minutes During her May 10 testimony in a U.S. Senate Banking Committee...
Our Money is Greener: ESG and the Banking Industry
By: Ken Chase. Estimated reading time: 0 minutes As the financial support system for the modern economy, it was all...
Credit Unions Banks Pursuing Growth & Opportunity
By: Ken Chase. Estimated reading time: 3 minutes One of the more interesting financial industry trends in recent years...
From Limited Retail Payment Option to Growing Online Trend: BuyNow, PayLater Continues to Surge in Popularity
Estimated reading time: 4 minutes For millions of consumers around the world, buy now, pay later (BNPL) services have...
How to Buy Now Pay Later Plans Are Increased Regulatory Scrutiny
By: Ken Chase. The banking industry has experienced massive disruption in recent years, as financial technology,...
Loan Growth, Fed Rate Hikes, and Focus on Customers Could Boost U.S. Regional Banksin 2022
Estimated reading time: 2 minutes By: Ken Chase. Though continuing Covid concerns, lingering inflation, and potential...
Deutsche Bank Now Forecasts Major U.S. Recession in 2023
Estimated reading time: 2 minutes By: Ken Chase. In a note to its clients this week, predicted that the U.S. economy...
Buy-Now-Pay-Later (BNPL) Plans Continue to Draw Increased Regulatory Scrutiny
The banking industry has experienced massive disruption in recent years, as financial technology, pandemic stresses,...
Small Banks: Advantages,Disadvantages, and a Key Role in Future Small Business Growth
By: Ken Chase. When most people think about the banking industry, their minds tend to focus on big national and...