The credit card company’s filings mirror patents Bank of America, Barclays and TD Bank have submitted in the past two years that focus on how funds transfers and data security would augment blockchain technology. Source: American Banker
This author has yet to write their bio.Meanwhile lets just say that we are proud Lindsay contributed a whooping 20772 entries.
Entries by Lindsay
By creating corporate governance courses for prospective board members and a multifaceted financial literacy program for high schoolers, Virginia National aims to deepen its bench for years to come. Source: American Banker
The Dallas bank inherited the five Bank of the Hills branches when it acquired Sterling Bancshares in 2011. Source: American Banker
The $660 million investment from Hudson Executive Capital is seen as a vote of confidence in Deutsche Bank CEO Christian Sewing. Source: American Banker
After the retail giant filed an $800 million lawsuit against its former credit card partner, shares in Synchrony plunged. Now analysts fear its relationship with Sam’s Club may be in jeopardy. Source: American Banker
Serverless computing has its proponents — Capital One and BBVA among them — but the service hasn’t yet proven it can fulfill general systems needs in banking. Source: American Banker
The final rule aligns ratings with a supervisory program the Fed established in 2012 to emphasize capital, liquidity, and governance and controls. Source: American Banker
Synchrony CEO Margaret Keane says plastic cards will be gone in five years; David Tyrie is succeeding the high-profile Michelle Moore as BofA’s digital chief; Fed outlines a new approach for its post-crisis supervisory program; and more from this week’s most-read stories. Source: American Banker
The unique approach Fannie Mae and Freddie Mac are each taking with their credit-risk transfer products is quickly becoming a key point of differentiation that’s rekindling competition between the government-sponsored enterprises. Source: American Banker
A multimillion-dollar deal between Chicago Mayor Rahm Emanuel and Stephen Calk was supposed to deliver 400 new jobs to the city. Here’s what really happened. Source: American Banker
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