July 8, 2025
| Today’s news and insights for banking industry leaders
In the first week of July, two Baton Rouge banks have made $83 million deals to acquire competitors.
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As premium credit card fees climb, “it does create a little more room for us to compete in between,” the regional bank’s head of lending said.
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BankUnited forced Planet Hollywood and its affiliated companies to reapply for a PPP loan, for which they lost the opportunity to have at least $4.5 million forgiven.
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The Trump administration may usher in policies that buttress the aspirations of new entrant payments players and increase competition for banks. Explore the state of fintech disruption in the banking industry in
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In letters to Zelle’s bank owners, Sen. Elizabeth Warren and two other Democrats asked what the financial institutions are doing to protect customers using the digital payments service.
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A website notification says Discover Home Loans “is no longer accepting applications for new home equity or mortgage refinance loans, although we will continue to process applications that are in progress.”
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Kendall Hickman, a former employee of Jonah Bank of Wyoming, embezzled more than $33,000 in funds from a nonprofit organization while working as a part-time bookkeeper.
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Banks that fail to provide personalized, proactive financial wellness offerings risk losing customers to competitors who can deliver the contextual, data-driven insights today’s consumers expect.
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