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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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 -
Q2, in Austin, Texas, paid $10.6 million to acquire all outstanding interests in Social Money, according to a Tuesday news release. The purchase price was subject to a customary working capital adjustment.
December 2 -
The chief executive of SCE Federal Credit Union in Irwindale, Calif. will step down next year, the company's board of directors announced Tuesday.
December 2 -
NCUA banned six individuals from being involved in the running of a federally insured financial services institution.
December 1 -
The Filene Research Institute has opened applications for its new incubator project, Reaching Minority Households.
November 30 -
Charles Cook will retire next year as chairman of Truxton Corp. in Nashville, Tenn.
November 24 -
First Financial Northwest in Renton, Wash., has filed for permission to adopt a commercial bank charter.
November 24 -
Chase Visa cards are now compatible with Samsung Pay, the smartphone maker's mobile payment system that combines magnetic secure transmission and Near Field Communication.
November 23 -
Small business professionals using the New Zealand cloud accounting software Xero can be alerted on their finances through Apple Watch.
November 23 -
Regions Financial in Birmingham, Ala., has hired FBI veteran John Boles to oversee its investigations of cybersecurity and international threats.
November 20 -
Embattled online lender CashCall has paid nearly $2 million in restitution and fines for allegedly deceiving and overcharging borrowers, California's Department of Business Oversight announced.
November 19