IMGCAP(1)]
Rion Needs, chief operating officer at debt buyer Asset Acceptance Capital Corp., will become president and CEO effective next Jan. 1.
GiftCardResuce.com LLC yesterday announced the launch of its Web site, which enables consumers to exchange unused gift cards.
The lenders' examples of using generative artificial intelligence were more practical than transformational, but in any case data challenges represent a common problem.
Sen. Elizabeth Warren, D-Mass., the ranking member of the Senate Banking Committee, warned in a letter to the Office of the Comptroller of the Currency Thursday that its proposed rollback leaves regional banks dangerously unsupervised.
The measure, sent Thursday to the governor's desk, would mark the second state ban on interchange fees and could inform an ongoing bank-led legal challenge to a similar Illinois law.
An April 20 bankruptcy filing accuses Kfir Gavrieli of recruiting friends, family and his synagogue to sign sham contracts that inflated Aspiration's revenue.
Research from American Banker shows that at least a quarter of all respondents see BNPL as a credible threat to credit card revenue.
The megabank's first investor day in four years offered a comprehensive look at how it plans to grow profits and drive higher returns in the coming years. Part of the strategy involves branch updates.
