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The Consumer Financial Protection Bureau and the New York attorney general sued the wire giant for failing to transfer funds, delaying refunds to customers and repeatedly ignoring rules around money transfers.
April 21 -
The U.K. seized 2 million pounds ($2.61 million) from a London-based fintech firm, saying that the funds were linked to a $150 million U.S. wire fraud conspiracy.
April 21 -
The Georgia bank warns that the one-two punch of rising inflation and supply-chain issues on its smaller commercial customers makes that asset class “something we would watch” for potential losses.
April 21 -
Viktoria Earle, who has been with the credit union since 2013, will take over for Craig Weber in May.
April 21 -
While millions of employees have voluntarily left their jobs over the past year, senior level industry leaders have continued to advance their careers.
April 21 -
Noah Bank is considering proposals from an investor group and a New Jersey-based peer.
April 21 -
To appeal to a younger audience, credit unions are teaming up with third parties that can help them offer Bitcoin accounts, real-time payments and other cutting-edge services.
April 21 -
The U.S. moratorium on student-loan payments is slated to be lifted at the end of August, but more than half of borrowers said in a survey that they wouldn’t be able to make a single monthly payment today if they had to.
April 21 -
U.K. regulators have told JPMorgan Chase to review how the firm manages its operational risk as the Prudential Regulation Authority intensifies its scrutiny of the reporting processes of banks it regulates.
April 21 -
Bank of America said it will make all of its plastic credit and debit cards from recycled material beginning next year.
April 21











