Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
December 20, 2017  |  Personnel

Wells Fargo has announced that Mary Mack will lead its consumer lending unit. According to The Wall Street Journal, this new role will be in...

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Mexico AML Found Deficient
Mexico AML Found Deficient
December 20, 2017  |  Security & Fraud

The Financial Action Task Force (FATF), an international organization that sets the standards for fighting money laundering, found that Mexican prosecutors are failing to punish...

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SoftBank Plows $120M Into Alt Insurer Lemonade
SoftBank Plows $120M Into Alt Insurer Lemonade
December 20, 2017  |  Fintech Investments

Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. According to Bloomberg Technology, New York-based Lemonade uses artificial...

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Bitcoin Regulatory Roundup: SEC Swoops In On The Crypto Company After Surge
Bitcoin Regulatory Roundup: SEC Swoops In On The Crypto Company After Surge
December 20, 2017  |  Bitcoin

Amid rising interest and investment in digital currencies like bitcoin, some countries are issuing new warnings about the volatility involved in cryptocurrency trade. In today’s...

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Most Online Shoppers Shopped Mainly Amazon This Holiday Season
Most Online Shoppers Shopped Mainly Amazon This Holiday Season
December 20, 2017  |  Amazon

U.S. consumers will hit the internet for the majority of their gifts this holiday season, marking the second year in a row based on CNBC’s...

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Stitch Fix Investors Fear The “Blue Apron Flu”
Stitch Fix Investors Fear The “Blue Apron Flu”
December 20, 2017  |  IPO

Stitch Fix had a tough day, with its first earnings report after its IPO sending its shares went into a tailspin. According to Tech Crunch,...

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ABA Urges CFPB To Scrap Debt Collection Survey (And They Did)
ABA Urges CFPB To Scrap Debt Collection Survey (And They Did)
December 20, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB), under the leadership of Mick Mulvaney, has withdrawn its request to the Office of Management and Budget (OMB) to...

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Bitcoin Processing Fees Skyrocket
Bitcoin Processing Fees Skyrocket
December 20, 2017  |  Bitcoin

Bitcoin’s value isn’t the only thing topping the charts: New data by BitInfoCharts shows that people are currently paying $28 on average to make transactions...

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Nearly 123 Million American Households’ Data Exposed In Massive Leak
Nearly 123 Million American Households’ Data Exposed In Massive Leak
December 20, 2017  |  Security & Fraud

Over 123 million American households — a figure which represents nearly all of them — have likely had at least some data about them leak...

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