Finance
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Finance Committee greenlights funding to acquire Housatonic Water Works for town.
Great Barrington’s Finance Committee greenlights a study by DPC Engineering to explore the feasibility of acquiring Housatonic Water Works, eyeing improved service and financial transparency. #GreatBarrington #HousatonicWaterWorks #DPCengineering
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Modern ‘advice center’: Arlington Heights Chase Bank with less ATMs.
Discover the future of banking at JPMorgan Chase’s (@jpmorgan) latest branch in Arlington Heights, IL—a modern “advice center” with green features, set to open this fall. #InnovationInBanking #ChaseBranch #ArlingtonHeights
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CFPB pushes Are overdraft fees worth the risk for banks?
Explore the delicate balance between compliance and revenue as the CFPB eyes overdraft fee reforms. Banks face crucial decisions impacting their bottom line and customer satisfaction. #Banking #CFPB #OverdraftFees #FinancialRisk #Compliance
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What’s in the Fintech world?
Explore how fintech acquisitions are reshaping finance, from advanced payment systems and blockchain innovation to AI-driven tools for money management. #FintechGrowth #DigitalTransformation
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Fintech Nexus Newsletter: FedNow advances as big banks show hesitance.
Explore the expanding financial landscape as 400 banks embrace the FedNow instant payments network, marking a significant shift towards real-time transaction processing. #FedNow #Finance #InstantPayments #Banking #Innovation
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Canadian banking regulator predicts global lenders will suffer commercial real estate losses.
OSFI warns of looming losses for global banks in commercial real estate, with Canadian banks bracing for heightened credit loss provisions. @OSFICanada highlights robust capital adequacy despite risks.
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Banking regulator sharpens focus on money laundering as risks escalate, official reveals.
Canada’s banking regulator, led by Peter Routledge, ramps up efforts with @OSFICanada and Fintrac to tackle the growing sophistication of money laundering and climate risks.
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CFPB aims at overdrafts using Reg Z power missiles.
Discover how the latest CFPB proposal could reshape overdraft fees for major banks and potentially phase out the service completely. #FinanceRegulation #Banking @CFPB
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Chinese, US finance officials agree: meet regularly for economic talks
Senior Chinese and US finance officials commit to advancing dialogue on crucial financial policies following productive Beijing talks, signaling a drive for enhanced economic collaboration amid evolving diplomatic landscapes. #USChinaRelations #EconomicDiplomacy #FinanceDialogue
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Biden slashes big bank overdraft fees: it ends exploitation, president claims.
Discover how the @CFPB’s proposed rules could save U.S. citizens $3.5 billion in bank overdraft fees, ensuring transparency and fairness for lower-income customers. #FinanceReform #ConsumerProtection