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LendingClub, the platform that allows borrowers to bypass traditional banks by connecting directly to lenders via the Internet, filed for a $500 million initial public offering in the U.S.
August 27 -
Inc. magazine has ranked Autoscribe Corp., based in Gaithersburg, Md., on its 33rd annual Inc. 500|5000 list, a ranking of the nation's fastest-growing private companies. Autoscribe is an affiliate member of ACA International.
August 27 -
Premara Financial in Charlotte, N.C., has named an interim president after the abrupt departure of its long-time leader.
August 27 -
Allowing the Federal Home Loan Bank System to invest in mortgage-backed securities is just one of many ideas being pitched to policymakers to revive the private-label market.
August 27 -
First Business Financial Services in Madison, Wis., is relying on a subordinated debt sale to foot the cash portion of its pending acquisition.
August 27 -
Amadeus, a payments vendor for travel companies, has integrated UnionPay credit and debit cards into its platform.
August 27 -
WEX, a corporate payment provider, has signed an agreement to provide its Virtual Credit accounts payable platform to Zibrant, a U.K.-based events management company.
August 27 -
The Federal Housing Administration is changing a pair of rules on interest rate payments and resets to align with the Consumer Financial Protection Bureau's qualified mortgage rule.
August 27 -
Corinthian Colleges Inc., the troubled for-profit higher-education company that will be closing operations under a deal with the U.S. Education Department, is now involved in settlement talks concerning alleged illegal debt collections.
August 27 -
Josh Rossi is best known for starting the first Satoshi Square, a gathering of Bitcoin enthusiasts who trade the virtual currency for cash in New York City's Union Square, in 2013. He has since brought his ideas to new companies and new parts of the world.
August 27




