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Nevada bill would allow payments-only banks
CARSON CITY — A top Legislative Democrat proposes establishing a new type of bank in Nevada solely for processing payments to reduce small transaction fees that add up as money moves through financial systems. Assembly ... Read More
Citi to Sell Polish Consumer Banking Business Amid ‘Strategic Refresh’
Citi Handlowy, a Polish banking business that is majority-owned by a Citigroup subsidiary, plans to sell its consumer banking business to VeloBank S.A., a Poland-based universal bank. The transaction, which is expected to close by mid-2026, subject ... Read More
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent Synergent to continue delivering Jack Henry™ Symitar® core processing, payments, mobile deposit capture, and additional solutions to Midcoast Federal Credit Union (WESTBROOK, ME) – Synergent® ... Read More
Consumer collections firm Jefferson Capital files for a $100 million IPO
Jefferson Capital, a consumer debt purchaser and collector, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. Jefferson states that it is a leading analytically driven purchaser and ... Read More
Why Fair Isaac Stock Dived by 8% Today
Significant changes might be coming for the rules governing credit scoring, a possibility that was putting the hurt on Fair Isaac (NYSE: FICO) stock on Tuesday. Shares of the credit analysis specialist took a more ... Read More
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