How Trump's win will affect payments, BaaS; credit union-bank mergers hit new high
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
How Trump's election win will change payments: A digital dollar is likely on the way out in favor of non-government crypto, but those betting for fewer restrictions on fees and less antitrust litigation will likely be disappointed.
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Trump win unlikely to stop the crackdown on BaaS and fintech: Tough exams and consent orders on banks that partner with fintechs are expected to continue for some time.
Michigan credit union lands second bank deal in Florida: DFCU Financial reached a deal to acquire Winter Park National Bank in the Orlando metropolitan area. It was a record 20th credit union-bank merger of the year.
Valley's $400M capital raise accelerates pivot away from CRE: The added capital will help the New Jersey-based regional bank reduce its commercial real estate footprint faster and give it wiggle room to grow elsewhere, analysts said.
Ex-TD Bank employee in AML unit charged with check fraud-related felony: Daria Sewell pleaded not guilty to possessing customers' personally identifiable information. The case adds to the Canadian bank's anti-money-laundering woes.
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appraiser
1 周We want all the pensions from the wars our fathers fought ! The didn't fight to make the opulence they fought for country and freedom that there forefathers came here for . Now pay up ! The set generation ! $$$$$&&&&&&&&&$ They would be rolling over in there graves if they knew our new America! Truly set up and nothing done to stop the top ! 48 million Americans with 1119 trillion in wealth mgt accounts ! Listen universities have. 780 billion in endowments and the American people still give 16 billion a year to them . Blind leader take effect and little morals ?
Finance, Accounting, Consulting
1 周How can it be the populist right when none of the most populous cities in America voted Right in this election? This right here, is legitimate misinformation.