Tag: Compliance
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
Citadel Federal Credit Union will pay over $6.5 million to settle allegations of redlining in predominantly Black and Hispanic neighborhoods in and around...
TSB Bank fined £10.9m by FCA over handling of customers facing financial difficulty
TSB Bank was fined £10,910,500 by the Financial Conduct Authority (FCA) for failing to treat customers in arrears fairly and for lacking appropriate...
Mastercard acquires Minna Technologies to upgrade subscription experience
Mastercard has agreed to acquire Swedish fintech Minna Technologies, specializing in subscription management, for an undisclosed amount.
Minna Technologies, founded in 2016 and...
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
Loop:Funding Raised: $4.7 million (CAD 6.4 million).
Headquarters: Toronto, Canada.
Investors: Mistral Venture Partners, Luge Capital, Graphite Ventures, Wedbush Ventures, Conconi Growth...
Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing
Lloyds Bank has partnered with Cleareye.ai, a California-based AI and machine learning company, to enhance trade finance documentation processing and compliance checks.
The...