MARLBOROUGH, Mass. -- Digital FCU said its DCU for Kids foundation raised a new high of $270,000 during two fundraising events for the Boomer Esiason Foundation to combat cystic fibrosis. The charity was named for the former NFL quarterback whose son is stricken with the disease. DCU for Kids contributes to a number of charities, including Children's Hospital in Boston, The American Red Cross, Boys & Girls Clubs and The Jimmy Fund for cancer research.
This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
The Connecticut-based bank announced its release from a formal agreement with regulators. It is pushing to expand in wealthy areas such as Beverly Hills, California, and Palm Beach, Florida.
The fintech said that Senior Vice President of Group Finance Hwa Tsao would become the company's interim chief financial officer effective Sept. 1 following the departure of CFO Ethan Tandowsky at the end of August. Separately, Gayathri Rajan will assume the role of chief product officer, effective immediately.
The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
A bill setting national standards for earned wage access programs passed the House Financial Services Committee in a 29-22 vote.
Courts in Sweden told Google to pay price comparison website and Klarna subsidiary PriceRunner nearly $2 billion after the court found that Google favored its own price comparison service. PriceRunner initially sought more than $8 billion in damages.
