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The fintech says its users took out 70 million cash advances in 2022, and many grew their paychecks along the way.
January 5 -
The parent company of Silicon Valley Bank has tapped Kim Olson, a former bank supervisor who most recently worked at Tokyo's Sumitomo Mitsui Banking Corp., to oversee its risk department.
January 5 -
Genesis Global Trading has laid off more than 60 employees in its latest round of job cuts, amounting to roughly 30% of the troubled crypto brokerage's workforce.
January 5 -
Credit card interest rates are expected to reach a four-decade high this year, a positive for lenders poised to benefit from the increased income while painful for consumers facing escalated borrowing costs.
January 5 -
The Office of Financial Research proposed a rule that would give it greater transparency into non-centrally cleared bilateral repurchase agreement transactions.
January 5 -
The rise of legalized online sports betting has pushed the payments industry to create some of its stiffest defenses against scams.
January 5 -
Former Celsius Network Chief Executive Alex Mashinsky, whose once highflying crypto lender went bankrupt last year, was sued for fraud by the New York attorney general — the latest fallout from turmoil in the industry.
January 5 -
JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank account.
January 5 -
The top five have over five billion dollars in total loans and leases as of June 30, 2022.
January 5 -
John Deese stepped down as president and CEO of the West Palm Beach credit union, effective Dec. 31.
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