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Jessica Chang is CEO and Co-Founder of Upwards (formerly WeeCare), a nationwide child care network and child care benefits platform for U.S. employers.

The layoff is another sign of a worsening crypto downturn that’s shaved off hundreds of millions of the total cryptocurrency market value.

The founder and CEO is being recognized during American Banker's Digital Banker of the Year program for establishing one of the true banking-as-a-service platforms at the New York-based Piermont.

Constraining consolidation will only hurt the goal of expanding consumers' access to banking services and credit.

With household expenses and borrowing costs spiking, banks are bracing for depositors to demand more interest. The only question is how much longer bankers can hold out.

The rules, which come almost four years after California lawmakers passed a landmark disclosure law, require lenders to inform borrowers about annual percentage rates. Some lenders have pushed back, arguing that APRs don’t make sense for certain types of financing.

The legislation, due for a House floor vote soon, would require the Federal Reserve to promote economic opportunity and fair access to credit for racial, ethnic and other groups that have long been targets of discrimination.

June 12-14, 2023 | The Boca Raton, FL
DIGITAL BANKING is the flagship event where senior leaders in banking gather to give their businesses an edge by exploring the latest thinking in mobile innovation, AI, robotics, data, cloud computing and other new technologies. This is the industry’s destination to debate new ideas, unpack the latest trends, set agendas and build collaborative partnerships.
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The North Carolina bank’s wealth arm now operates in nine of the 10 largest U.S. markets.