News Topic: Bankruptcy Blogs

As it attempts to craft policy on access to consumers’ financial account information, the agency is wading into a battle between those who want data to flow more freely and those who prioritize security. ... Read full article

The fintech startup, which originally helped users cancel duplicate subscriptions, now wants to encourage healthier financial practices. ... Read full article

Wells Fargo is exploring selling a unit offering store-branded credit cards as the bank chooses businesses to keep or break off in a broad strategic overhaul, according to people with knowledge of the matter. ... Read full article

The deal, intended to bolster CUNA Mutual's digital capabilities, is the company's second such move in a month. ... Read full article

Tina Sbrega, who has been a pioneer in areas including pot banking and credit unions buying banks, will stay on as chair of a subsidiary of the institution. ... Read full article

The response exceeded expectations, with more than 1,600 Citi customers requesting a name-change on their cards within the first few weeks of the program. ... Read full article

The growing number of defaults is raising concerns that banks will tighten credit, making a bad situation worse; most of the 500 members are academics and Obama White House staffers. ... Read full article

A contentious presidential contest and social justice protests have forced employers to consider whether these types of topics should be discussed in the workplace. ... Read full article

Big financial institutions are worried that online wagers made with credit cards pose a heavy risk of money laundering. The possibility of tougher rules under the incoming Biden administration has only compounded their concerns. ... Read full article

Bill Bynum, president and CEO of Hope Federal Credit Union, and Gail Laster, former director of the National Credit Union Administration's consumer-protection division, are working with the incoming administration. ... Read full article

Fifth Third Bancorp. promoted Chief Risk Officer Jamie Leonard to succeed Tayfun Tuzun, who will become chief financial officer of BMO Financial Group on Jan. 1. Both companies made other executive moves at the same time. ... Read full article

Scammers may have had more success at duping fintechs than banks in obtaining Paycheck Protection Program loans. But there are reasons for this apparent disparity. ... Read full article

The Toronto parent of BMO Harris Bank has joined a growing list of banks directing billions of dollars toward affordable housing and loans to low- and moderate-income communities. ... Read full article

JPMorgan Chase dropped one rung on the Financial Stability Board’s annual rankings of systemically important banks to sit alongside Citigroup and HSBC Holdings as one of the world’s three most important banks. ... Read full article

The group includes many advocates for stricter bank regulation from the Obama administration; the president-elect may have as many as three open seats on the central bank or as few as none. ... Read full article

Managers have been trained on how to resolve conflicts with customers. They can use that training to minimize intraoffice political squabbling. ... Read full article

With many Americans and members of Congress questioning the results of the presidential election, financial services trade associations quickly vowed to work with the incoming administration. ... Read full article

Première devise digitale et 100 décentralisée au monde, le Bitcoin domine progressivement le marché des valeurs. Considérée comme la base de la cryto-monnaie, c’est une monnaie volatile et décentralisée, qui est acceptée partout dans le monde. En tant que ... Read full article