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Banks Cleared to Accept Crypto Payments

Banks Cleared to Accept Crypto Payments

The OCC says banks and savings associations can participate in crypto transactions and engage with blockchain networks
How the Pandemic Has Reshaped the Fintech Landscape

How the Pandemic Has Reshaped the Fintech Landscape

New report from McKinsey finds strong take up of banking apps, but lack of penetration beyond tech-savvy users
M&A Update: Farmers & Merchants to Buy Indiana Community Bank

M&A Update: Farmers & Merchants to Buy Indiana Community Bank

F&M set to acquire Ossian State Bank, while Consumers National Bank adds two CFBank branches and Coulee Bank brings on assets from BNC
Prepare for Second Round of EIPs, Banks Told

Prepare for Second Round of EIPs, Banks Told

The ABA has urged banks to prepare as a fresh round of economic stimulus payments is rolled out
Bank Credit Losses to Hit $2.1T This Year, Research Shows

Bank Credit Losses to Hit $2.1T This Year, Research Shows

Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years
Ally Bank Awards New Years Eve 2020 Babies, Tries New Marketing Approach

Ally Bank Awards New Years Eve 2020 Babies, Tries New Marketing Approach

The bank is giving away $250 online savings accounts to all children born before midnight on Thursday of last week
PPP Round Two Looms as Senate Approves New Stimulus

PPP Round Two Looms as Senate Approves New Stimulus

This week’s $892 billion package includes $284 billion for the Paycheck Protection Program
ABA Hits Out at New Credit Union Debt Rule

ABA Hits Out at New Credit Union Debt Rule

The association objects to further capital raising flexibilities for large credit unions that already receive tax exemptions
Fed Gives Banks Green Light for Buybacks after Stress Tests

Fed Gives Banks Green Light for Buybacks after Stress Tests

Several large banks have already announced share buybacks after the temporary ban was lifted
Consumers Happy with Banks During Pandemic, Study Finds

Consumers Happy with Banks During Pandemic, Study Finds

FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high
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