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FinTech

Will Fintech Kill Traditional Banking or Simply Help It Reinvent Itself?

The best of breed Fintech disruptors are embracing the banks and working with them.
Banks

Wells Fargo Will Pay $190 Million to Settle Customer Fraud Case

'We regret and take responsibility for any instances where customers may have received a product that they did not request,' the bank said.
IBM

IBM's Watson Won Jeopardy, But Can It Win Business from Banks?

People familiar with the matter say IBM has offered presentations of its software to banks including Bank of America Corp., Barclays PLC and Morgan Stanley.
Student Debt

Why You Should Care About Student Loan Debt

It's easy to think of it as a young person's problem, but its ripple effects are prodigious, affecting the entire national economy.
Airbnb

Airbnb Gets $1 Billion Debt Facility From U.S. Banks

JPMorgan, Citigroup Inc., Morgan Stanley and Bank of America Corp. led the debt deal, the source said.
Cybersecurity

Fed Records Show Dozens of Cybersecurity Breaches

The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as "espionage," according to Fed records.
Finance

U.S. Issues Rule Requiring Banks to Identify Shell Company Owners

The Customer Due Diligence rule, in the works since 2012, and the proposed legislation are meant to hinder criminals from using shell companies to hide ownership and launder money, finance terror, and...
Ask the Money Guy

How to Pick the Right Bank for Your Business

A generation ago, most businesses just picked the bank closest to their office. Today, banks of all sizes and locations compete for your business -- but not all are equal. Let's break it down.
Small Business Financing

Small Banks More Likely to Give Businesses the Funds They Need, Fed Says

Business owners were more positive in 2015, but cash flow and retaining good employees remain large concerns.
Ask the Money Guy

3 Reasons the Bank Yanked Your Credit Line -- and How to Fix the Problem

It's a serious wake-up call, but it won't be the end of your business. Let's figure out what went wrong.
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