RESTON, Va. - (09/07/04) -- InteliData Technologies Corp. saidit has shifted the listing for its common stock from the NasdaqNational Market to the Nasdaq's SmallCap Market as its share pricehas declined to the penny stock range. The company's shares tradeddown at just 41 cents each Friday. InteliData said it has untilDecember 13 to reach the SmallCap Market's $1 minimum price pershare.
A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in the massive Ponzi scheme.
The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
American Banker's 2025 Small Business Banking conference yielded lessons about the need for speed, simplicity and safety in small-business lending. Other key takeaways included the significance of digital payment options and the importance of continuing to process SBA loan requests during the government shutdown.
Nine months after acquiring Heartland Financial, Missouri's largest bank posted a complicated quarter.
The legacy money transfer firm plans to launch USDPT, a coin designed to improve international payment processing. That and more in the American Banker global payments and fintech roundup.
Credit analysts say climate risk could still pose a financial threat to financial institutions, even though the federal government has taken an ax to Biden-era climate guidance.
