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Goldman is offloading the lending platform less than two years after acquiring it as part of a broader retreat from the mass market.
October 11 -
The new Federal Trade Commission proposal would require companies to disclose whether any fees are refundable up-front and would ban hidden or misleading fees.
October 11 -
The company now has 35 million users worldwide and launched new features this summer that include automated investing and expanded account access for non-citizens living in the U.S. But the features come amid controversies at the fintech.
October 11 -
Central Valley Community Bancorp's agreement to buy Community West Bancshares, slated to close in the second quarter, would create a $3.6 billion-asset bank in the Greater Sacramento region.
October 11 -
Brown, who's been Ally Financial's top executive for nearly nine years, joined the company 14 years ago and played a key role in reshaping it after the financial crisis. He will become the president of a large auto dealer group.
October 11 -
Federal Reserve Gov. Michelle Bowman shared some of her more pointed skepticisms about potential capital changes in a speech Wednesday, saying enhanced requirements could increase systemic risk.
October 11 -
The Financial Conduct Authority issued 146 alerts on crypto asset marketing, multiple payment companies in Canada are trying to spur adoption of open banking, and more.
October 11 -
The fintech Brex is among a growing market of companies using generative artificial intelligence to simplify how employee trips are managed.
October 11 -
The Securities and Exchange Commission has been ordered by a court to explain its reasons for rejecting an application for a crypto-based exchange-traded fund. It's about time.
October 11
Castle Funds -
The Consumer Financial Protection Bureau alleged in a lawsuit that the nonbank lender violated a 2019 consent order and submitted incorrect information in 2020.
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