Technology
Technology
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The company's closure comes in a year when it touted successful capital investments but also faced growing legal scrutiny.
December 9 -
The Financial Stability Oversight Council's annual report underscores mounting challenges in commercial real estate, escalating cyber threats, and regulatory gaps in third-party services and stablecoins, urging stronger oversight and legislative action.
December 6 -
The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.
November 12 -
As it gets ready for more competition from VantageScore, the company also did not comment on reports of yet another impending price hike.
October 28 -
The company, which helped consumers strategize their credit card payments and pivoted to a B2B model earlier this year, has sold its intellectual property two months after it folded.
October 9 -
Companies announced new product rollouts and capital raises last month, but some are also facing lawsuits as the industry encounters heightened attention to the lack of consumer protections.
October 4 -
Federal Reserve Gov. Lisa Cook called for weighing the costs and benefits of artificial intelligence, and flagged bias and fraud as areas of concern.
October 1 -
The company has signed an agreement to sell Continental Finance its entire card portfolio.
September 26 - Yahoo Finance Feed
The banks are testing quantum computing's ability to speed up applications, to alleviate bottlenecks and to do more while consuming less power.
September 25 -
Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended consequences. She flagged mergers, fintech partnerships and liquidity proposals as prime examples.
September 24 -
At a New York event, industry practitioners shared how they are addressing cultural, compliance and logistical objections to making loans based on bank account data.
September 13 -
The Swedish institution is adding savings accounts to its signature buy now/pay later service as it plots an IPO. Analysts say it will be a struggle to go against U.S. institutions.
August 16 -
A long-time industry observer and bank regulation expert spells out the steps banks should take to ensure their fintech relationships are safe.
August 5 -
The federal Project Fortress initiative provides defensive tools for banks. Community banking groups and regulators' associations say small banks in particular need the free and accessible help.
August 2 -
The cybersecurity company promised more rigorous tests for software updates after a widespread IT outage last month.
August 1 -
Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.
July 30 -
Investing in data governance, compliance and staffing appropriately can help manage the risks of offering banking as a service, experts say.
July 29 -
While the company is still analyzing the error that caused many Windows systems to crash, it said a logic error in a channel file was the cause. Here's what that means.
July 22 -
The final rule governing the use of automated valuation models for home assessments is substantially similar to the initial proposal made last June.
July 17 -
A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.
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