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A British court throws out Serious Fraud Office charges that the bank conspired with Qatari investors to prop it up; investigators open 70 cases against potentially fraudulent cyber deals.
May 22
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Legal costs and legacy issues related to previous management continue to weigh on the online lender's results.
May 8
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The online business lender would have reported its second straight quarterly profit if not for one-time costs tied to layoffs and lease terminations.
May 8
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Using Orchard’s data science smarts, Kabbage intends to offer new payment products to small businesses and loan portfolio insights to financial institution partners.
April 26
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The Federal Trade Commission alleges in a lawsuit that the company's "no-hidden-fee" pledge is deceptive. LendingClub says the claims are unwarranted.
April 25
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Banks may need to do more to help small businesses after a hurricane, flood or other calamity as those firms tend to favor nonbank lenders after an emergency for a number of reasons, according to research by four regional Federal Reserve banks.
April 17
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The Wall Street giant's acquisition of the app maker Clarity Money is only one part of a long-term strategy to build a digital retail bank from the ground up.
April 17
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New Resource Bank and P2Bi are splitting the risk and revenue associated with asset-based loans.
April 16
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The addition of a personal finance app rounds out the loan and deposit-account offerings at the online lender Marcus.
April 16
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As upstart companies mature, they face pressure to develop deeper relationships with their customers. That is leading some to offer to a wider range of products, including deposit accounts.
April 12
