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Jewelry maker Alex and Ani LLC demanded $1.1 billion in damages from Bank of America in a lawsuit alleging lending discrimination against a women-led company that was once featured in advertisements promoting the bank's commitment to diversity.
July 25 -
Payconiq has built an omnichannel, multicountry payment platform that uses a mobile payment app to leverage existing bank infrastructure in order to make payments in-store and online payments as well as to send P2P payments.
July 25 -
State regulator Ron Rubin had been asked to resign in May over a sexual harassment complaint, but he attempted to fight the allegations.
July 25 -
America's Credit Union Museum has named new board members while a number of institutions have recruited additional talent.
July 25 -
A study by FinRegLab of six nonbank lenders' use of cash-flow data in underwriting decisions finds this type of "alternative data" helps predict loan performance.
July 25 -
Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.
July 25
The Clearing House -
The social media giant says its cryptocurrency project can bring services to the world's unbanked. Lawmakers and regulators aren’t so sure.
July 25 -
The Michigan-based institution also recorded increases in earnings, deposits and membership.
July 25 -
Smart rulemaking starts with consolidating multiple agencies into one body with a clear mandate.
July 25
GNC Holdings Inc. -
The firm joins $40 billion “technology megafund” sponsored by SoftBank Group; company says partnerships are taking longer than expected to bear fruit.
July 25










