Lalita Clozel covers fintech regulation, anti-money-laundering, cybersecurity and the Federal Deposit Insurance Corp. in American Banker's Washington bureau.
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A London-based startup aims to allow consumers to use Bitcoin as a form of payment even with merchants that havent started using the digital currency.
December 28 -
The Treasury Annex building in Washington is slated to be renamed in honor of a bank that served emancipated slaves after the end of the Civil War.
December 11 -
The $69.4 million CU announced Thursday that Michael Abraham, the vice-president of operations, will take the helm on Dec. 24.
December 10 -
A large investor in 1st Source is planning to sell nearly $37 million of the South Bend, Ind., companys stock.
December 10 -
The $1.1 billion-asset company said in a press release Thursday that Thomas Vertin will also become its president on Jan. 1.
December 10 -
First Tennessee Bank has established a partnership with the nonprofit Operation Hope to offer free financial literacy workshops and counseling sessions in several branches.
December 9 -
Cardinal Bankshares in Floyd, Va., has named a new chairman and made additional executive appointments ahead of its merger with Grayson Bankshares in Independence, Va.
December 9 -
Eagle Bancorp in Bethesda, Md., has added equipment leasing to its lineup of commercial banking products.
December 8 -
WASHINGTON -- More than 442,400 consumers were affected by the Oct. 12 glitch that froze RushCard users funds after a payment processor switch, the company told lawmakers.
December 8 -
WASHINGTON More than 442,400 consumers were affected by the Oct. 12 glitch that froze RushCard users' funds after a payment processor switch, the company told lawmakers.
December 7 -
WASHINGTON The Consumer Financial Protection Bureau is seeking $1.85 million in fines and restitution from EOS CCA, a Norwell, Mass., debt collection firm accused of holding on to a tainted AT&T portfolio of old cellphone bills.
December 7 -
The National Credit Union Foundation's financial literacy program for children, Biz Kid$, will receive proceeds from the 2015 San Diego County Credit Union's Poinsettia Bowl.
December 7 -
Wirecard's Indonesian arm has partnered with local financial technology firms to integrate a Near Field Communication-powered mobile wallet, TCASH, into its global network.
December 4 -
The Consumer Financial Protection Bureau announced Thursday that it had hit Clarity Services, a Florida-based consumer credit reporting company, with an $8 million fine over Fair Credit Reporting Act violations.
December 4 -
Verifone has appointed former Oracle executive Christophe Job as a senior vice-president and chief technology officer in charge of global solutions delivery.
December 4 -
WASHINGTON The Consumer Financial Protection Bureau announced Thursday that it had hit Clarity Services, a Florida-based consumer credit reporting company, with an $8 million fine over Fair Credit Reporting Act violations.
December 3 -
ChoiceOne Bank in Sparta, Mich., has appointed Bradley Henion chief lending officer.
December 3 -
Fifth Third Bancorp in Cincinnati plans to record a large fourth-quarter gain after selling shares in payment processor Vantiv.
December 3 -
Fifth Third Bancorp in Cincinnati plans to record a large fourth-quarter gain after selling shares in payment processor Vantiv.
December 3 -
NCUA has released several new videos about the protection it provides to federally-insured credit unions.
December 3