JACKSONVILE, Fla. - (10/06/04) -- Fidelity National Financial Inc.said it has completed the acquisition of a majority stake inKordoba GmbH & Co., a German provider of outsourcing solutionsto the German market, from Siemens Business Services. Under thedeal, Fidelity National will own 74.9% of Kordoba and Siemens willretain a 25.1% stake.
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
The support from the stablecoin provider follows a string of tech firm acquisitions as Anchorage Digital broadens its crypto services.
Treasury Secretary Scott Bessent appeared to urge the crypto industry to deal with bankers in the yield stablecoin issue during his regular testimony in the Senate Banking Committee Thursday.
American Banker's 2026 Predictions report finds that nonbank entities and check fraud are major threats to local banks in the coming months.
Mortgage rates edged higher after the Fed held rates steady, with markets weighing political shifts, Treasury moves and mixed signals on where borrowing costs head next.
Noelle Acheson argues that growing demand for dollar-denominated stablecoins is going to give the Treasury Department increasing influence over the direction of the U.S. economy, perhaps at the cost of the Federal Reserve.
