News Topic: Bankruptcy Blogs

The global card issuer will provide its tokenization technology for JPMorgan Chase's virtual card program in early 2021. ... Read full article

The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million. ... Read full article

The global card issuer will provide its tokenization technology for JPMorgan Chase's virtual card program in early 2021. ... Read full article

Susan Collins said she will join Mitt Romney in voting against the Fed nominee; the Republican proposal would give regulators discretion to let banks exclude certain assets for capital purposes ... Read full article

Digital wallets arguably reached a tipping point this spring when contactless payments jumped 40% in response to concerns that cash and payment terminals were helping to spread the coronavirus, Vidya Peters of Marqeta writes. ... Read full article

The three-month extension for the central bank's lending programs is one of several recent steps by policymakers to stabilize the economy as the coronavirus pandemic stretches through the summer. ... Read full article

Dennis Devine, who has held leadership roles at several banks, is taking over immediately at the Chicago-based institution after David Mooney announced his retirement. ... Read full article

A proposal to expand credit unions’ access to subordinated debt drew plenty of fire from bankers, but there are also concerns the regulation could be problematic for the institutions it aims to help. ... Read full article

Over the weekend, hackers broke in through a third-party vendor to steal names, email addresses and other personally identifiable information. ... Read full article

Two more Republican no votes will sink the nomination, if Democrats remain steadfast on their opposition. ... Read full article

The student loan company had said a three-year-old lawsuit alleging consumer abuses was superseded by a similar CFPB suit. Here’s why the 3rd U.S. Circuit Court of Appeals disagreed. ... Read full article

The Senate Republicans' coronavirus relief package, known as the HEALS Act, would continue to make the loan program available to businesses, but any final bill would need to be negotiated with House Democrats. ... Read full article

Mark Weidemaier & Mitu Gulati ... Read full article

IRS Means Never Having to Say….Anything The IRS is not like most creditors. (Your probably knew that.)  The IRS in bankruptcy is not like most creditors in bankruptcy, either. Knowing what debts have been cleared (discharged) by your bankruptcy is easy ... Read full article

TD Bank has hired Jyotsana “Jo” Jagadish to head commercial operating products and payment innovation, where she will oversee TD’s expanding fintech partnerships. ... Read full article

Current, Stoovo and other companies are reaching out with low-cost, low-fee financial services and even tools to help users search for part-time jobs. ... Read full article

After the House passed a defense spending bill that included the provision ahead of negotiations with the Senate, industry representatives are optimistic Congress will finally shift the burden of reporting true-owner information from banks to their ... Read full article

Financial firms should offer debt consolidation and faster payment services to help employees who may be struggling through the coronavirus pandemic. ... Read full article