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A Wells Fargo customer was interrogated, fingerprinted and mistakenly arrested for check forgery after a series of mistakes on the bank's part. He was cleared, and Wells says it made an error, but they are now fighting in civil court.
May 20 -
From data analytics to focusing on a service culture and more, here's a look at how technology is radically remaking lending.
May 20 -
H. Greg McClellan, who has been president and CEO of the Montgomery, Ala.-based institution since 2005, will retire next month.
May 20 -
In the wake of the economic crisis, Paul Volcker called automated teller machines the last financial innovation that improved society. A decade later, their popularity is slipping.
May 20 -
A year after trying to save faltering payday lender Wonga, Balderton Capital is investing in the other side of the model by leading a $19 million Series A funding round in Wagestream, a U.K. startup that provides flexible payroll technology to avoid payday loans.
May 20 -
Banesco USA agreed to buy Brickell more than a year after Banco Espirito tried to sell the Miami bank to a Swiss financier.
May 20 -
Credit Union Trust, a new credit union service organization, has obtained a bank charter that it will use in offering trust and investment-related services.
May 20 -
Emin Gun Sirer, one of the higher-profile academic experts on blockchain technologies, is launching his own cryptocurrency coin and network with funding from some of the biggest venture capitalists in the field.
May 20 -
Two economists speaking during CU Direct's recent Drive conference in Las Vegas offered predictions on how a variety of economic factors could impact credit union auto lending portfolios in the not-too-distant future.
May 20 -
Blue Ridge Bankshares will be based in Charlottesville, Va., after completing its $43 million purchase of Virginia Community Bancshares.
May 20