Kevin Wack is American Banker's national editor, and is based in southern California. He was formerly the publication's consumer finance reporter and its Capitol Hill correspondent. Earlier, he worked on financial policy in Washington. He has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine.
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Canadians have a simple message for the U.S. credit card industry: Don't fiddle with our rewards programs.
By Kevin WackDecember 6 -
Credit unions and banks in California plan to participate in a new working group that will focus on the cannabis industry's lack of access to the mainstream financial system, according to state officials.
By Kevin WackDecember 6 -
Banks and credit unions in California plan to participate in a new working group that will focus on the cannabis industry's lack of access to the mainstream financial system, according to state officials.
By Kevin WackDecember 5 -
Alliance Data Systems, a Texas-based card issuer, has scrapped plans to let rewards points expire after customers north of the border revolted.
By Kevin WackDecember 5 -
Wells Fargo is making an exception to its retirement policy for its longtime general counsel, who plans to remain with the company indefinitely to deal with the fallout of the fake-accounts scandal.
By Kevin WackDecember 2 -
The sector's below-the-surface problems may now attract closer scrutiny following a leadership shake-up at CAN Capital, which is one of the biggest firms in the sector.
By Kevin WackDecember 2 -
The recent shake-up at CAN Capital could spark greater scrutiny of a sector that has drawn comparisons to the bubble-era subprime mortgage market.
By Kevin WackDecember 1 -
The credit reporting firm TransUnion has unveiled a new partnership that is designed to provide more thorough data to investors in marketplace loans.
By Kevin WackDecember 1 -
Another leading company in the turbulent online lending sphere has replaced its chief executive officer.
By Kevin WackNovember 30 -
For its commitment to improving the long-term health of depositors, and a nimble, failure-is-not-a-dirty-word approach to innovation, USAA has earned an honor American Banker normally bestows on a single individual.
By Kevin WackNovember 29