ALEXANDRIA, Va. - (03/08/06) Nicholas Owens, the chiefspokesperson for NCUA, is leaving the agency. Owens has been atNCUA for five years and was brought in as special assistant toformer NCUA Chairman Dennis Dollar in 2001.Owens served as a seniorcommunications advisor to the Board on policy matters, as well ascoordinated the agencys Access Across America economicempowerment initiatives. He plans to leave NCUA on March24.
The fintech joins a handful of fintechs and payments companies that have laid off staff this year. Robinhood CEO Vlad Tenev said the decision was proactive to keep the organization lean.
Two industry leaders at American Banker's Digital Banking conference said banks' fraud and identity controls weren't built for software acting as the customer.
Zelle, Western Union, SoFi and others are all launching stablecoins, adding to the thousands of other digital assets that do essentially the same thing as bitcoin.
Banking and fintech trade groups have filed suit against the State of Oregon over a new lending law that they say unlawfully restricts interest-rate exportation by out-of-state state banks and threatens access to credit.
The Atlanta bank was ordered to pay nearly $80 million to the former head of its equipment-finance subsidiary Balboa Capital
BofA is using an old-school method to battle the world's newest scams: in-person seminars, taught at brick-and-mortar branches.
