Some are calling the program designed to help Black and Hispanic families achieve home ownership ‘predatory lending.’
They’re making small concessions for employees and doing little to nothing for customers. But focusing only on profits won’t help their popularity with either group.
The agency warned that one of the bank’s partnerships could have brought undue risk to customers.
Cash App users can now pay on popular retail sites like American Eagle and JD Sports, which can help Block boost payments volume and revenues.
The initiative will explore the use of a US CBDC in the wholesale, retail, and international sectors.
The payments fintech launched an ewallet to tap digital payments demand in Europe.
The bank’s new grant program extends credit and assists with commercial real estate purchases.
A UK parliamentary committee wants ‘Big Bang’ deregulation to improve banking competition.
Regulators and clients might question their classification methods, proving the demand for ESG products is tough to satisfy.
Three NYC pensions filed shareholder proposals to Mastercard and Visa asking them to establish clearer standards for tracking gun sales.