Eric Rachmel

CEO

Eric Rachmel is the CEO of Brace.

Fintech

Rising debt and disappearing savings calls for fintech's next wave

Lenders must not use new technology and increased access to credit products as a way to exploit borrowers into overextension.

By Eric Rachmel

January 2

TRENDING

Failures

Republic First fails; Fulton Bank acquires assets, branches

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

By Kyle Campbell

April 26
Politics and policy

Custodia to appeal ruling in Fed lawsuit

The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.

By Kyle Campbell

April 26
CFPB

Former CFPB Director Richard Cordray resigns from Education Department

The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.

By Kate Berry

April 26