Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that it allegedly overcharged hundreds of thousands of homeowners for appraisals of their homes. Get the Full Story Complete the form...
Sen. Elizabeth Warren (D-MA) has reportedly sent a letter to KPMG, Wells Fargo’s auditor, questioning why the accounting firm did not catch the fake accounts that resulted in $185 million in fines for Wells Fargo. Get the Full Story Complete the form to unlock this...
Chase announced Thursday (Oct. 27) it ranked highest in customer satisfaction among small business owners in the South and West regions, according to the 2016 J.D. Power study released today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Deposit Solutions, the European FinTech company, announced Tuesday (Oct. 25) it has surpassed €1 billion in savings deposits transmitted via the company’s consumer-facing site, ZINSPILOT, as the business prepares for further expansion in Europe in 2017. Get the Full Story Complete the form to unlock...
British banks are planning their escape route in light of the looming Brexit negotiations. Experts say the bigger banks are planning to leave the U.K. in early 2017, while smaller ones could be gone by Christmas. Get the Full Story Complete the form to unlock...
Wells Fargo’s fake account scandal has hurt the financial services company, not only from a reputation standpoint but also from a business perspective, given some states are refusing to do business with the embattled bank. But a new report from SurveyMonkey shows the impact the scandal...
Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York banks to get into the business as well. Get the Full Story Complete the form to unlock this article and...
Traditional financial services companies have something new to worry about: FinTech is increasingly encroaching on their turf and winning the hearts and minds of consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Tim Sloan’s debut as Wells Fargo’s new CEO left The Street nonplussed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
