Jacob Passy is a reporter with National Mortgage News, covering breaking news in the residential mortgage industry. Passy has been with SourceMedia since 2015 and previously served as a breaking news reporter for American Banker. His work has appeared in numerous publications including CNBC, NBC News and the Wall Street Journal's Speakeasy blog. He is a graduate of the CUNY Graduate School of Journalism and Tufts University.
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The Consumer Financial Protection Bureau has ordered payday and pawn lender EZCorp Inc. to pay $10.5 million for alleged illegal debt collection tactics.
By Jacob PassyDecember 17 -
Wirecard has made its boon mobile wallet available in Spain and Ireland.
By Jacob PassyDecember 17 -
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The $933-million asset institution said in a press release Tuesday that the technology, provided by Louisville-based R.C. Giltner Services, will enable consumer and small-business customers to complete the loan application process in minutes.
By Jacob PassyDecember 16 -
TotalBank in Miami has returned Jorge Rossell to the position of chief executive, after Luis de la Aguilera departed to take the same position at U.S. Century Bank in Doral, Fla.
By Andy PetersDecember 16 -
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Google's mobile wallet, Android Pay, can now be used for in-app purchases on Android devices.
By Jacob PassyDecember 15 -
UnionPay has partnered with more than 20 commercial banks to launch its QuickPass mobile wallet service in Beijing.
By Jacob PassyDecember 15 -
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Southwest Bancorp in Stillwater, Okla., has hired a group of former National Bank Holdings commercial lenders to lead its Colorado market.
By Jacob PassyDecember 14