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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Fundation Group, an online small-business lender, has hired an industry veteran as its first chief operating officer.
January 11 -
Following a new blueprint, card issuers are seeing returns on assets above 4% for the first time since before the financial crisis. How long the good times last will depend partly on how well the U.S. economy weathers turmoil in China and other markets.
January 11 -
Fourth Corner Credit Union has lost its court battle to offer banking services to the marijuana industry, but its organizers are not throwing in the towel.
January 7 -
Fourth Corner Credit Union's failed court battle against the Fed has led to renewed calls for U.S. lawmakers to offer stronger protections to financial institutions that provide banking services to legal marijuana growers and distributors.
January 6 -
A Colorado credit union's failed court battle against the Fed has led to renewed calls for U.S. lawmakers to offer stronger protections to financial institutions that provide banking services to legal pot growers and distributors.
January 6 -
The Seattle-based tech giant, in its latest foray into the financial services business, has begun offering installment loans to British consumers.
January 6 -
The Seattle-based tech giant, in its latest foray into the financial services business, has begun offering installment loans to British consumers.
January 6 -
A federal judge has rebuffed a legal challenge by a credit union in Colorado that was set up to serve the marijuana industry but then denied access to the U.S. payment system.
January 6 -
Federal judge rebuffs legal challenge by Colorado credit union chartered to serve marijuana businesses but then denied access to the U.S. payment system.
January 6 -
CommonBond, a New York firm that makes student loans through an online platform, said Tuesday that it has raised more than $275 million in debt funding from Barclays and others.
January 5
