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Will Evolve’s ‘Cease and Desist’ Order Chill Bank and FinTech Partnerships?
PYMNTS.com· 4 days agoThe Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its...
Evolve Bank ordered by Fed to address AML, sanctions lapses
Compliance Week· 7 days agoEvolve Bank & Trust engaged in unsafe and unsound business practices related to third-party fintech...
The Fed hits Evolve bank with order over fintech troubles
Fortune via AOL· 6 days agoThe U.S. central bank has issued an enforcement action against Evolve Bank & Trust for failing to...
Fed penalizes Evolve Bank for failing to manage fintech partnership risk
Reuters· 7 days agoIt added that the new enforcement action, which did not come with a fine, was independent from...
Northwest Bank Appoints Urich Bowers as Chief Consumer Banking and Strategy Officer
Rome Sentinel· 2 days agoNorthwest Bank, a prominent regional financial services company, is pleased to announce the appointment of Urich Bowers as its new chief consumer banking ...
Is Your Money Really Safe In An ‘FDIC-Insured’ Fintech Account?
Forbes· 4 days ago“It was FDIC-insured, which was one of the main things that I looked for because you never know what...
Council Post: As Deepfake Dangers Evolve, Business Leaders Are The Top Line Of Defense
Forbes· 24 hours agoWhen a Hong Kong-based finance employee of a multinational company received an email from the ...
Wells Fargo Bet on a Flashy Rent Credit Card. It Is Costing the Bank Dearly.
The Wall Street Journal· 5 days agoThe bank is losing money every month on the program as savvy customers flock to the card and...
‘Bedrock of our success’: ‘Cooperative wealth’ of black fraternal groups helped fund liberation
Temple Daily Telegram· 4 days agoA nondescript vacant lot at 214 S. 10th St. in Temple holds a key to black liberation in Bell...
Are Chatbots the New Face of Financial Customer Service?
PYMNTS.com· 2 days agoAs digital solutions continue to disrupt the industry, experts say these conversational AI systems are poised to slash costs and streamline operations while keeping customers ...