BATON ROGUE, La. - (04/03/06) Two ex employees of Campus FCU and ason of one of the ex-workers have been indicted on charges ofapproving members get more than $600,000 in loans for which theywere not qualified in exchange for kickbacks. Prosecutors arecharging that approximately 80 members were approved for about 100loans for which they were not qualified. The relative of one of theemployees is being charged withhelping borrowers claim they hadjobs they didnt have or better-paying jobs than theyactually had.
- Yahoo Finance Feed
The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
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An alleged scandal involving the LA Clippers is just the latest reputation hit to the beleaguered fintech.
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When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides.
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The card brand has added several tools that expand "agentic commerce," which adds artificial intelligence-based automation to shopping, service and checkout, innovation that's becoming popular with payment companies.
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Execs say other banks are still more of a rival for deposits than the digital currency.
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First Northwest Bancorp in Port Angeles has selected an Everett, Washington-based competitor's president to serve as its new top executive.
September 12