How technologies inspired and influenced by bitcoin could reshape financial services, from payments to securities settlement to document preparation and beyond.
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The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.
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The company disclosed the potential for legal action 'in the near-term' by the bureau in a recent earnings disclosure.
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The payment company is connecting installment lenders with borrowers who may be looking for a product instead of a specific company.
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U.S. Bancorp is splitting its payment services business in half; Flagstar Financial continues to fill out its leadership with an eye toward tech and risk management; First Horizon authorized an additional $350 million in stock buybacks for its $1 billion share repurchase plan; and more in this week's banking news roundup.
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The agency said VyStar customers took on fees and credit report demerits because they could not access banking functions for months following an attempted upgrade.
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HomeStreet and FirstSun are working to devise a new formula after the Texas Department of Banking and the Federal Reserve declined to approve their merger application.
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