Bankman-Fried may call experts at up to $1,200 an hour
Money can’t buy love or friends, but it can help you find a lot of expert witnesses.
Hurricane Idalia endangering over 800,000 homes, CoreLogic finds
The storm is slamming housing markets already beset by some of the nation’s highest property insurance premiums.
Mortgage applications increase for first time in over a month
Both purchases and refinance volumes climbed higher, as interest rates flattened following earlier volatility, according to the Mortgage Bankers Association.
Switzerland weighs new anti-money-laundering rules amid U.S. criticism
Switzerland on Wednesday proposed tougher AML rules as U.S. officials ramp up their critique of what they say is weak sanctions enforcement.
BMO, Mastercard bring virtual cards into the physical world
The card network is working with the Bank of Montreal and the fintech Extend to enable businesses to approve and track in-store payments via employees’ own digital wallets.
Florida bank finds a new credit union buyer
Innovations Financial Credit Union is purchasing First National Bank Northwest Florida, taking the place of Harvesters Credit Union, which terminated its 2022 deal to acquire the bank.
CFPB’s spurious claims about ‘junk’ fees harm legitimate businesses
Many of the fees that the agency derides as unnecessary are funds owed to medical practices, homebuilders and educational institutions.
Visa to spread the word about credit fintech Uplinq among its banks
Uplinq, which helps lenders make credit decisions for small business owners using alternative data, already has large global banks among its clientele.
Central Bank of Irleand’s loan data snafu, BofA on Interac
Ireland’s central bank holds loan data for too long, Bank of America enables two-way corporate disbursements in Canada, and more.
Clock ticking for regulators to Congressional Review Act-proof new rules
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency have until mid-2024 to finalize bank rules without risking a CRA nullification if Republicans run the table in 2024.