Tue.Dec 24, 2024

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Financial literacy can lift up historically marginalized communities

American Banker

Banks can and should play a key role in giving members of minority groups and other underserved communities the tools they need to navigate an increasingly complicated financial landscape.

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Beyond Buy Now, Pay Later: How Citi is Reinventing Point-of-Sale Lending

The Financial Brand

This article Beyond Buy Now, Pay Later: How Citi is Reinventing Point-of-Sale Lending appeared first on The Financial Brand. Citi's head of connected commerce on how embedded financial products and flexible payment solutions are transforming both digital and physical retail experiences. This article Beyond Buy Now, Pay Later: How Citi is Reinventing Point-of-Sale Lending appeared first on The Financial Brand.

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Are fintech loans a better deal for subprime customers?

American Banker

Fintech lenders often get criticized for high rates or fees on their consumer lending. But there's an argument to be made that the alternatives are worse.

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J.P. Morgan melds its buy-side data with FactSet analytics

American Banker

The integration of J.P. Morgan's Fusion platform with FactSet aims to give buy-side clients the same level of analytics available to the sell side.

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Outsource With Confidence for RDC Program Success

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

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SBA approves new wave of SBLC 7(a) lenders

American Banker

On her way out the door, SBA Administrator Isabel Casillas Guzman issues licenses to four more nondepository lenders.

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Banks sue Fed over stress tests

American Banker

The Bank Policy Institute, the American Bankers Association and others said proposed changes would address "some if not all" of banks' concerns about stress tests, but they are filing the lawsuit to preserve their legal right to do so.

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20 banks and thrifts with the most first-mortgage loans

American Banker

JPMorgan Chase, Wells Fargo, Bank of America, U.S. Bank and Citi had more than $1 billion in combined first-mortgage loans as of Sept. 30.

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