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Wells Fargo said soured energy loans soared 49 percent in the last three months of 2015, fueled in part by tumbling oil prices.
February 24 -
The Federal Trade Commission has charged a debt relief operation with falsely representing to financially distressed homeowners and student loan borrowers that it would help get their mortgages and student loans modified.
February 24 -
The online brokerage Robinhood Financial has eliminated its three-day waiting period for the use of funds deposited into an account.
February 24 -
Compliance officers are terrified of a New York State Department of Financial Services proposal that could make them criminally liable for failings in their firms anti-money-laundering programs, according to industry representatives.
February 24 -
More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.
February 24 -
The top leaders of the National Credit Union Administration said this week that they support an alternative option that would allow credit unions to merge some operations a prospect that is alarming banking industry representatives.
February 24 -
Mildred Mitchell-Bateman Hospital FCU is the second liquidation of the year.
February 24 -
Payment technology provider Stripe aims to equip global entrepreneurs with the necessary banking and payments relationships to launch an online business in the U.S.
February 24 -
The blackout at Powa Technologies has some in payments industry circles wondering whether the companys sudden collapse is a sign of harder times for fledgling fintech companies.
February 24 -
JetPay, a payments processor and provider of card services, has agreed to buy CollectorSolutions, also a payments processor.
February 24
