Bank of America announced on Tuesday (Jan. 19) that its revenue net of interest expense for Q4 2020 fell 10 percent compared to the year-ago...
Microsoft is participating in a new $2 billion equity funding round for self-driving carmaker Cruise, bringing the startup’s post-money valuation to $30 billion. Get the...
As reported, President-elect Joe Biden nominated Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing...
LendingClub said Tuesday (Jan. 19) it has received all the regulatory approvals necessary to close its $185 million acquisition of Radius Bancorp. The stage is...
In financial services, in the eternal war to keep customers (and themselves) safe from online fraudsters, banks may lift a mantra from the real estate...
For B2B payments, the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Get...
A Texas resident, 32-year-old Samuel Yates, was charged with allegedly trying to file fraudulent bank applications for over $5 million in loans related to COVID-19...
Singapore-based FinTech Grab is mulling a U.S. initial public offering of at least $2 billion in the wake of failed merger talks with Indonesian rival...
San Francisco’s budget has been hit hard by the pandemic restrictions that have many people working remotely, with some moving to other places with lower...