At least 25 community banks and thrifts have announced in recent weeks that they would stop filing financial reports with the Securities and Exchange Commission in response to the Jumpstart Our Business Startups (JOBS) Act.
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Digital payments have turned into a battleground between banks and a slew of innovators trying to capture market share.
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Loan originations at credit unions across the country jumped 25 percent in the first quarter, compared with the previous year, to $72 billion, according to new data from Callahan & Associates.
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