CFPB proposes earned wage access rule
The Consumer Financial Protection Bureau proposed an interpretive rule affecting earned wage products, or paycheck advance products, ensuring that employees...
Whitney McDonald is a writer and editor based in Detroit, Mich. Prior to joining the FinAi News team, Whitney reported on auto finance. She holds a Bachelor and Master of Fine Arts in Journalism from Michigan State University. To reach Whitney please contact wmcdonald@royalmedia.com.
The Consumer Financial Protection Bureau proposed an interpretive rule affecting earned wage products, or paycheck advance products, ensuring that employees...
Truist cut jobs in core technology and operations following more recent pullbacks on tech at the institution. “We recently notified...
TD Bank has selected AI-solutions company Cohere to test its AI and large language models and improve their reliability. Cohere’s...
Ally Financial continues to invest in its digital capabilities as clients gravitate toward its online channels. “We've made significant investments...
Bank of America continued to see digital adoption grow during the second quarter while keeping up with the digital needs...
EverBank considers strong platforms and API-first integrations when selecting third-party vendors to modernize operations. (Courtesy/EverBank) "If we build good...
BNY is unifying products and solutions on its platform to ensure its investment capabilities are readily available to clients in...
Wells Fargo is improving its customer experience with investments in branch technology and enhanced self-service options. “We continue to...
Citigroup’s multiyear modernization strategy saw progress in the second quarter as the bank’s tech investments proved more necessary after the...
Fifth Third Bank was fined $15 million by the Consumer Financial Protection Bureau today for allegedly opening fake accounts in...
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