Wells Fargo reportedly sued JPMorgan Chase on Monday (March 10), alleging that the bank knowingly made a loan based on faulty numbers, knowing that the loan would later be sold off in pieces to investors. In its lawsuit, Wells Fargo seeks to recover losses for...
Los Angeles accused rental startup Blueground of price gouging following the city’s wildfires. City Attorney Hydee Feldstein Soto’s office filed a civil action against the company, alleging it drove up the prices of its rentals by more than 10% and up to more than 50%...
The age of the one-size-fits-all balance sheet-crunching CFO is quickly becoming a relic of business history. The chief financial officer today is like the quarterback of a business — only instead of throwing touchdowns, they’re tossing financial strategies, dodging economic hits and leading the team...
Revolut is reportedly entering the commercial real estate lending business. The United Kingdom-based FinTech appointed M&G Investments veteran Duncan Batty to build the new business unit, Bloomberg reported Tuesday (Jan. 28), citing an unnamed source. Reached by PYMNTS, a Revolut spokesperson said in an emailed...
February 04, 2025
The age of the one-size-fits-all balance sheet-crunching CFO is quickly becoming a relic of business history. The chief financial officer today is like the quarterback of a business — only instead of throwing touchdowns, they’re tossing financial strategies, dodging economic hits and leading the team to victory. Here’s the kicker (and it might sound obvious) […]
January 23, 2025
The platformization of various industries promises that the digitization of processes and discovery — where supply meets demand — improves the experience. However, not all platforms prove to be as...
October 07, 2024
The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle of business is diversification. The...
September 12, 2024
The U.S. housing market has been in a state of gridlock for the past few years. The result is the cycle currently defining today’s landscape, where homeowners feel locked in,...
March 10, 2025
Wells Fargo reportedly sued JPMorgan Chase on Monday (March 10), alleging that the bank knowingly made a loan based on faulty numbers, knowing that the loan would later be sold off in pieces to investors. In its lawsuit, Wells Fargo seeks to recover losses for investors, Reuters reported Monday. Reached by PYMNTS, JPMorgan Chase declined […]
February 05, 2025
Los Angeles accused rental startup Blueground of price gouging following the city’s wildfires. City Attorney Hydee Feldstein Soto’s office filed a civil action against the company, alleging it drove up...
January 28, 2025
Revolut is reportedly entering the commercial real estate lending business. The United Kingdom-based FinTech appointed M&G Investments veteran Duncan Batty to build the new business unit, Bloomberg reported Tuesday (Jan....
January 20, 2025
The Consumer Financial Protection Bureau said Friday (Jan. 17) it is monitoring the market to ensure that mortgage servicers don’t attempt to evade federal consumer financial laws. The regulator is...
