Branch Closures Revved Up in Late 2012, Study FindsJanuary 22, 2013The pace of branch closings in the U.S. more than doubled in the last quarter of 2012 as banks looked to cut costs, a new report by SNL Financial found.
Fannie Mae Paid BofA Premium to Transfer Soured Loans, Says RegulatorSeptember 17, 2012Fannie Mae agreed to pay Bank
of America Corp about 20 percent more than it was
contractually obligated to last year in order to transfer the
servicing of troubled loans to another firm, a report by a
watchdog found.
Eliminating the Paper BeastFebruary 22, 2012First United Bank uses an Open Text BPM solution to run a more efficient business operation and improve customer service.
Consumer Financial Protection Bureau Names CIONovember 15, 2011Consumer Financial Protection Bureau names CIO, among eight experts named to key senior leadership positions, including Chief of Staff and CFO, at CFPB.
Chase Remains Top SBA Lender in U.S. October 28, 2011The bank loaned more than $12.6 billion to about 300,000 small businesses during the first three quarters of 2011.
How Has the Banking Industry Changed in a Decade?September 09, 2011The banking industry survived, the 9/11 terrorist attacks, only to be confronted in 2008 with the challenges of the global financial crisis. Both events, along with some key technology developments, shaped the financial services industry in which we work t
Google-Style Data Analysis For LoansJuly 22, 2011Financial startup ZestCash is getting an infusion of funding to realize its plan to rewrite the rules of high-risk loans.
First iPad App for Loan Documents LaunchesMay 10, 2010Borrowers can review the documents on the tablet, sign directly on the iPad and electronically complete the process.
TriNovus Launches Stress Testing SolutionDecember 02, 2009TriNovus developed BankRisk as a tool for banks to utilize partly in response to the federal banking regulators' concerns about community banks' increased participation in commercial real-estate lending.
