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Acquisition of top-20 issuer to provide Ally Financial with “instant capability and scale” in the credit card space
Ericson State Bank has been taken over by Farmers and Merchants Bank after a regulatory investigation uncovered a series of lending violations
Authorities and the bank are investigating after staff illegally accessed personal information, with Fifth Third preparing to reimburse customers if needed
Use of smartphone-based point-of-sale payment methods increased by more than a third in 12 months, and will hit $2 trillion in three years’ time
It’s time for banks to stop working against what customers are telling them and start solving the right problems in the right ways
A third of Americans named cash as their favourite means of payment
Shake-up is an attempt to improve its image following a string of scandals
They’re willing to take the chance for the opportunity to net a big score
A shortage in housing supply is continuing to bolster competition among homebuyers across the country
The Federal Reserve is researching the case for a central bank digital currency
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