wells fargo

Fifth Third Faces CFPB Probe Over Fake Accounts

Fifth Third Faces CFPB Probe Over Fake Accounts
Fifth Third Faces CFPB Probe Over Fake Accounts
March 04, 2020  |  Bank Regulation

Fifth Third Bank said it’s facing enforcement action from the Consumer Financial Protection Bureau (CFPB) over alleged openings of unauthorized accounts. Get the Full Story...

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Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
March 04, 2020  |  News

In today’s top payments news, Ant Financial has acquired a minority stake in FinTech Klarna, the coronavirus has crippled the $1.7 trillion global tourism industry,...

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Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
March 03, 2020  |  Banking

Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the...

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Wells Fargo Invests In AR FinTech DadeSystems With Series D Round
Wells Fargo Invests In AR FinTech DadeSystems With Series D Round
February 26, 2020  |  Investments

Florida-based receivables FinTech DadeSystems has announced additional funding by Wells Fargo Strategic Capital as part of a Series D round. Get the Full Story Complete...

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Today In Payments: Intuit To Buy Credit Karma; JPMorgan To Open UK Digital Bank
Today In Payments: Intuit To Buy Credit Karma; JPMorgan To Open UK Digital Bank
February 24, 2020  |  News

In today’s top news, TurboTax creator Intuit is reportedly buying Credit Karma, and JPMorgan Chase is looking to open a digital bank in the U.K....

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EU Eyes Single European Data Market
EU Eyes Single European Data Market
February 24, 2020  |  Legal & Regulation

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. Get the Full Story Complete the...

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Wells Fargo Pays $3B In Fake Account Scandal
Wells Fargo Pays $3B In Fake Account Scandal
February 21, 2020  |  Bank Regulation

Wells Fargo agreed to pay $3 billion as a settlement with regulators over a scandal involving the creation of fake accounts, according to a report...

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Laura Ashley Catches Second Wind With Funding From MUI
Laura Ashley Catches Second Wind With Funding From MUI
February 20, 2020  |  Retail

Laura Ashley shares have recovered in the aftermath of an agreement finally reached between its main shareholder and leading creditor, The Financial Times reported. Get...

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