2020-08-18
Under the agreement, fintechs and their bank partners will have a safe legal harbor to offer loans, as long as their interest rates do not exceed 36% and they meet various other standards.
Read More from: BankThink
2020-08-18
Deciding to file for bankruptcy is a very personal decision. You may agonize over whether it is the right choice, and if you decide that it is, you may wring your hands over the right timing.
Read More from: My AZ Lawyers
2020-08-18
American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.
Read More from: BankThink
2020-08-18
JPMorgan Chase is funding a two-year initiative in which Commonwealth, a nonprofit, will study the impact of artificial intelligence and other technologies on the financially vulnerable.
Read More from: BankThink
2020-08-18
On August 16, 2020, Chaparral Energy Inc., an Oklahoma City-based independent oil and natural gas exploration and production company, and several affiliates filed a
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-08-18
On August 16, 2020, Chaparral Energy Inc., an Oklahoma City-based independent oil and natural gas exploration and production company, and several affiliates filed a
Read More from: Bankruptcy and Restructuring Law Monitor
2020-08-18
Barb Godin, the deputy chief risk officer and chief credit officer at the Birmingham, Ala., bank, is stepping down after a 45-year career in banking.
Read More from: BankThink
2020-08-18
Jelena McWilliams's term as FDIC chair expires in 2023, and she cannot be removed by an incoming president.
Read More from: BankThink
2020-08-18
Crypto provides a new tool for underbanked consumers, Marc Grens of DigitalMint writes.
Read More from: BankThink
2020-08-18
Democrats on Wall Street welcomed Joe Biden's choice of running mate Kamala Harris as a sign that party progressives who favor more aggressive bank regulation had been kept at bay.
Read More from: BankThink
2020-08-18
The bank is suing lenders to return $900 million they were mistakenly paid last week; the deal will put the credit card company in the online small-business lending market.
Read More from: BankThink
2020-08-17
Vanessa Colella, innovation chief at Citi, says remote working has had a democratizing effect.
Read More from: BankThink
2020-08-17
Mary Mack is expected to say that other employees were scared of Carrie Tolstedt, according to the bank’s regulators.
Read More from: BankThink
2020-08-17
This article originally appeared on August 10, 2020 at https://www.studyfinds.org/quarter-americans-missed-bill-payment-covid-19/
Read More from: Shenwick & Associates
2020-08-17
The bank has begun briefing regulators about how it mistakenly sent payments to creditors of Revlon, the financially strapped cosmetics company.
Read More from: BankThink
2020-08-17
The Detroit regional relied on smaller teams, flexible deadlines and tightly defined tasks to convert the systems of Chemical Financial and rebrand.
Read More from: BankThink
2020-08-17
Dana Wade, a former OMB official, says a strong capital footing will help the Federal Housing Administration weather an uptick in delinquencies and ensure the mortgage market is viable once the economy recovers.
Read More from: BankThink