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Two separate lawsuits accusing Wells Fargo & Co. of engaging in predatory lending and violating the federal Fair Housing Act have been dismissed.
July 21 -
On the five-year anniversary of Dodd-Frank, it's time to increase accountability and transparency at the CFPB. Congress should start by passing a bill that would overhaul the agency's organizational structure from a single-director model to a bipartisan, five-person commission appointed by each incoming president.
July 21
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Five years after the Dodd-Frank Act was signed into law by President Obama, it remains as controversial as when it was enacted. While partisans may debate whether the changes are good or bad, there is no doubt theyve had a sizable impact. Following are the biggest ways the system has changed.
July 21 -
Global e-commerce and payment solutions provider Mozido has acquired a majority of NettCash, a Zimbabwe-based mobile wallet provider, to strengthen its foothold in Africa.
July 21 - PH
Fed Approves Capital Restraints; Michigan Economist Tapped for Fed Vacancy
July 21 -
Bank of New York Mellon, under pressure from activist investors to improve results, reported a 50% increase in second-quarter profit as the stock market rally lifted assets and fees for overseeing them.
July 21 -
Synovus Financial in Columbus, Ga., reported higher second-quarter income tied to a lower loan-loss provision.
July 21 -
The Obama administration on Tuesday finalized new regulations designed to crack down on high-cost loans to members of the military.
July 21 -
If Congress fails to act swiftly, most lending supported by the SBA will shut down for much of the next two months. This would undermine recent strength in a vital component of the American economy.
July 21
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Payments technology is advancing so quickly on so many fronts that Spindle CEO Bill Clark is changing his requirements for hiring new sales staff.
July 21




