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Small Banks Could See Some Dodd-Frank Relief

PYMNTS

But as it was in the process of being put into place, small banks and credit unions found themselves subject to the same regulations — and the results of that have been notable and troubling. And those banks are going out of business — or merging with bigger players — largely due to the complexity and cost of compliance.

St. Louis 105
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The Smaller the Bank, the Harder the Reg Hit: Fed's Stackhouse

American Banker

Julie Stackhouse, head of supervision at the Federal Reserve Bank of St. Louis, discusses the insights that resonated at the regulator's recent community banking conference — some encouraging for the future of small financial institutions, others less so.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 Social media management & compliance for financial institutions . Louis, Missouri. HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. More than half the total ($46 million) went to Chinese P2P lender Weijinsuo. .