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Tag: OCC

A strategic approach to expanding their distribution channels to grow deposits

Deposit growth continues to be the number one business priority of bankers, according to BAI Banking Outlook: 2024 Trends, as it serves as the cornerstone...

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Fintech Nexus Newsletter (February 5, 2024): LendingClub’s agreement with the OCC expired Friday

It was three ago last week when LendingClub closed its acquisition of Radius Bank. At that time LendingClub entered into an operating agreement with the OCC...

Billion-Dollar Bank Pays $65,000,000 Fine, Faces Cease-and-Desist Order After Violating Bank Secrecy Act, Deploying Poor Risk Management – The Daily Hodl

A Los Angeles-based lender known as the ‘bank to the stars’ will pay a $65 million fine for a number of violations, including failure...

ESET takes part in global operation to disrupt the Grandoreiro banking trojan

ESET has collaborated with the Federal Police of Brazil in an attempt to disrupt the Grandoreiro botnet. ESET contributed to the project by providing...

JPMorgan Chase Refuses to Reimburse Couple After $24,000 Exits Bank Account in Burst of Fraudulent Transfers – The Daily Hodl

JPMorgan Chase is pointing the finger at its own customers after the sudden disappearance of $24,000. Eric Nickolas and his wife Brenda say the money...

Monad: Ushering a New Epoch in Blockchain Technology

Monad represents a transformational shift in decentralized applications and blockchain technology. By unlocking unprecedented scalability and optimizing processing efficiency in a decentralized manner, Monad...

$10,000 Exits Wells Fargo Account and Allegedly Vanishes, Triggering Lawsuit Against Two US Banks: Report – The Daily Hodl

A North Carolina couple is suing banking giants Wells Fargo and Truist after thousands of dollars allegedly disappeared without a trace. Court documents show Kevin...

Compliance Isn’t Just For Banks

Financial institutions are zeroing in on compliance when evaluating fintech partners. Nearly three-quarters (72%) of banks and credit unions cite compliance as their top...

The Shifting Tides of Consumer Credit: A Confluence of BNPL and Traditional Credit Cards

As the landscape of consumer credit undergoes a dynamic transformation, two narratives converge, reflecting the evolution of payment methods and the associated risks and opportunities. The...

OCC warns banks on BNPL lending

The Office of the Comptroller of the Currency...

A Leap into Generative AI for OCBC Bank with OCBC GPT Chatbot – Fintech Singapore

OCBC Bank’s foray into artificial intelligence, spearheaded by Donald MacDonald, OCBC’s Head of Group Data Office, signifies a pivotal moment in the bank’s technological...

Fintech Nexus Newsletter (November 27, 2023): The Saga of the OCC and its First Chief Fintech Officer

On Black Friday as most of us were contemplating shopping bargains or metabolizing a big Thanksgiving meal a bombshell dropped about the OCC and its Office...

H World Announces Q3 Financial Results

HONG KONG, Nov 24, 2023 - (ACN Newswire) - H World Group Limited ("H World" or "the Group", NASDAQ: HTHT and HKEX: 1179) announced...

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