Top banking news this month: October 2022 | American Banker

2022-11-01 07:49:14 By : Ms. Jessie Lei

In this month's roundup of American Banker's favorite stories: JPMorgan Chase moves third parties away from screen scraping, Wells Fargo launches its new virtual assistant, bank CEOs predict a full return to office within the next three years and more.

Click here to read last month's roundup of banking industry news. Thermal Die Cutting

Top banking news this month: October 2022 | American Banker

The agreement, which still needs court approval, should help what remains of the online small-business lender as it moves through bankruptcy proceedings. After Kabbage emerged as a major Paycheck Protection Program lender, some of its key assets were sold to American Express.

In this month's roundup of American Banker's favorite stories: JPMorgan Chase moves third parties away from screen scraping, Wells Fargo launches its new virtual assistant, bank CEOs predict a return to office within the next three years and more.

Affinity Federal Credit Union in Basking Ridge said Kevin Brauer will succeed John Fenton as president and chief executive on Jan. 1.

The proliferation of mobile banking and online payment services like PayPal is one of several reasons more consumers have joined the financial mainstream, according to the FDIC's latest report on Americans' access to banking services.

The bureau said it wants additional comment on business practices at technology giants, including whether companies are adhering to key consumer protections.

The Dutch payment company is offering merchant loans, a product that's become a staple of firms like Block and PayPal that have been luring entrepreneurs away from traditional financial institutions.

Top banking news this month: October 2022 | American Banker

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