Data indicates that banks have earned more than $20 billion in fees from processing PPP loans so far
Banks and credit unions need to be able to identify which of the loans in their portfolios are at risk of default, so that they can proactively address that risk
The financial services company has backed the world’s largest asset manager for 25 years
A local bank going public can benefit both the community and its shareholders in the long run
The Financial Crimes Enforcement Network (FinCEN) has imposed a $450,000 civil money penalty on a former compliance / chief operational risk officer
Consumer poll indicates how people will – or won’t – change their banking habits after the COVID-19 pandemic
Accelerating growth in use of Apple Pay and similar services will see market hit $416 billion by 2024, research shows
The Paycheck Protection Program has provided loans to almost half of businesses in every state – and in some it has reached much more
Authorities have inquired about Wells Fargo’s handling of PPP loans, according to a regulatory filing
Also: FireFly and TruStone credit unions plan merger; United Bank completes CresCom acquisition
