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Companies that received PPP loans should be able to spend their time on rebuilding post-pandemic, not filling out complex forms, associations argue
Governor Lael Brainard says paying shareholders will deplete reserves at a time of severe uncertainty
Banking industry regulators have moved to temporarily reduce the amount banks will have to pay to fund the oversight agencies
Companies across the US and Canada are pledging money and action to support minority co-workers and communities
The former Bank of Canada and Bank of England governor has called for strong government action on climate change
Large credit unions are going outside of their remit to buy up smaller banks without sufficient scrutiny, the association has argued
$511 billion has been borrowed through the PPP, with smaller banks and lenders accounting for half of all loans
Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust
Schwab announced its plan to buy TD Ameritrade late last year, prompting the DOJ’s Antitrust Division to launch an investigation
Ponce Bank has entered into a partnership with Grain Technology to use its AI-powered credit tools
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Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

She launched Visa Direct Payouts, architecting a payout capability that now reaches 11 billion endpoints across cards, accounts, and digital wallets...