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Fintech start-ups: the breeding ground for banking’s new rock stars

Posted by The Banker on September 1, 2014

Coding is the new rock 'n' roll, as shown by the likes of Mark Zuckerberg and Jack Dorsey. Now banks are getting in on the act, with the competition to attract the next generation of 'rock stars' hotting up.By Chris SkinnerI was having a debate the other day with two bank CEOs. One runs a direct bank that is going digital and the other runs a branch-based bank that is investing in digital. At one point in the conversation, we got into a [...]

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Alleged bank hack tied to phishing?

Posted by on September 1, 2014

Suspected JPMorgan Breach Raises Risk AwarenessBy Tracy KittenNews reports of suspected attacks against [...]

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JPMorgan Chase, two other banks see no sign of fraud from cyberattacks

Posted by Los Angeles Times on August 29, 2014

by. Paresh Dave As the FBI and U.S. Secret Service investigated the scope of recent cyberattacks on U.S. financial institutions, the nation's largest banks said Thursday that they hadn't seen any unusual fraud activity from their customers' accounts. Officials at JPMorgan Chase & Co., Bank of America Corp. and Citibank said they didn't immediately see any customers being victimized. "Companies of our size unfortunately experience cyberattacks nearly every day," JPMorgan spokeswoman Patricia Wexler said.  "We have multiple layers of defense to counteract any [...]

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B of A’s Countrywide woes offer a lesson in M&A branding

Posted by BankThink on August 29, 2014

by. Richard A. MahonyPoor Bank of America. It scooped up mortgage-battered Countrywide Financial in [...]

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Bank of America is paying up for the mortgage mess, but who will get the money?

Posted by TIME Money on August 29, 2014

The banks has agreed to provide billions of dollars in "consumer relief." Here's what that actually means. by. Jacob Davidson Last week, Bank of America agreed to pay almost $17 billion dollars in a settlement with the Justice Department. The settlement is about what Bank of America (and Merrill Lynch and Countrywide, which BoA later acquired) disclosed to investors about mortgage-backed securities, not about how it treated homeowners. Nonetheless, a large portion of the settlement—$7 billion—will be used for consumer relief.So who [...]

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Online banking or shopping: What’s more secure?

Posted August 29, 2014

by. Matthew J. Belvedere With troubling headlines this week about five banks being hacked, consumers are again faced with questions [...]

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Too big to fail banks have paid $251 billion in fines for sins committed since 2008

Posted August 29, 2014

by. Robert Lenzner I was shocked to learn today that a group of the largest banks in the world, the [...]

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Disney’s digital playbook

Posted August 29, 2014

MagicBands everywhere as D&H clients meet in Disney Bill Streeter It was appropriate that D&[...]

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The challenges and opportunities for digitizing payments worldwide

Posted August 29, 2014

by. Leora KlapperIn updating the Findex database on financial inclusion over the 2014 calendar year, I had the pleasure [...]

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CB Partner Profiles see more »

  • The largest provider of MCIF solutions worldwide, MARQUIS has supplied software, services and consulting solutions exclusively for financial [...] read more

  • brass Media, Inc.  was founded with the desire to help young adults set a strong foundation for their [...] read more

  • Weber Marketing Group is a strategic branding and marketing consulting agency focused on the financial industry. We specialize [...] read more

  • My Virtual StrongBox is the perfect blend of online convenience and safe deposit security. Customers can store electronic [...] read more

  • DigitalMailer provides electronic documents and marketing services for more than 200 financial institutions across the nation.Their Electronic [...] read more