North Carolina has lost more than 40% of its banks in the past decade, creating a new tier of larger institutions. More deals are expected to occur, raising questions about the pace of M&A and the fate of those bigger banks.
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Banks have mainly shied away from programs that invite hackers to scrutinize their applications. But PayPal, Western Union and others who have tried them say bug bounty programs are an effective way of making apps more secure. more »
While fintech companies are urging federal regulators to create a federal charter that would allow them to follow a single national standard instead of a myriad of state rules, such a benefit will almost certainly come with strings attached, including possible compliance with the Community Reinvestment Act. more »
BB&T Fills Key Specialty Lending Position
04:55PM ET
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Brandon Kostinuk -
Sarah Parker -
Stephen Matteo Miller, Chad Reese -
Oren Kedem -
Mark Whitlock, Gil Vasquez, Faith Bautista -
George Sutton -
Ohad Samet -
Lauren McKenna -
Scott Tipton -
Steven Abrahams -
Rob Nichols -
Julie Stackhouse -
Brad Fauss -
Marietta Rodriguez -
Paulina Gonzalez, John Taylor -
Clifford Rossi
Research Reports
FICO on Why Its Scores Are Still Relevant
Marketplace lenders have been declaring "FICO-free Zones" and playing down the need for the longstanding measure of creditworthiness. FICO CEO Will Lansing explains how the company's score is evolving and why he believes FICO remains the best (not necessarily the only) way to determine ability to repay a loan.
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