Unregistered advisers linked to latest alleged South Florida lending fraud

Unregistered advisers linked to latest alleged South Florida lending fraud

Mr. Kornfeld sold millions of dollars' worth of commercial mortgage loans issued by the Woodbridge Group. 1 Global Capital is also known as 1st
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Banking & Securities

Banking & Securities – For almost two decades, Deloitte has taken a leadership role in advancing the World Economic Forum's objective of “Improving
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Liqueneq's blockchain bank payments handle millions of transactions per second

Swiss startup Liquineq has come up with a bank funds transfer platform that uses blockchain for security and scales to millions of transactions per
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Facebook denies reports it asked banks for users' financial data

Facebook has denied a report that it reached out to banks for access to consumers' financial data in order to add new services to its Messenger
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Leadership void at PSU banks with 10 banks headless by this month end

Seven government-owned banks are functioning without their chiefs and the term of three other CEOs will end by the middle of August creating a huge
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Watch Out for These Banking and Investment Fees

Banking and investment fees could cost Americans more than $1.1 million over the course of their lifetime, according to a new report from NerdWallet.
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Facebook hits back on claims it asked for banking details

Instead Facebook is working with banks to support chatbots that allow users to access banking services right from within its Messenger app.
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Now Facebook wants your banking information

Facebook is enticing major U.S. banks to divulge consumers' personal information in exchange for other data, according to the Wall Street Journal.
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Real Estate Company Removes Billboards Advertising Greg Laurie's SoCal Harvest Event

A real estate company advertising for Greg Laurie's SoCal Harvest event has removed billboards for the event at an Orange County mall. The billboard
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UK's Starling Bank introduces banking as a platform offer

UK-based digital bank Starling Bank has introduced banking-as-a-platform offer, which allows businesses to offer their own retail banking services
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ASIC approves new Banking Code of Practice

Active regulators is nothing new in the Australia financial services space. In this particular case, the Australian Securities and Investments Commission
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Indian banks take about Rs 70000-crore hit due to frauds in last 3 fiscal

Indian banks reported a total loss of about Rs 70,000 crore due to frauds during the last three fiscals up to March 2018, the Rajya Sabha was informed
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Your banking data was once off-limits to tech companies. Now they're racing to get it.

Facebook's push to gain access to users' banking data and other sensitive financial information could help make online banking more efficient — or it
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Had an unhappy banking experience? Don't be afraid to complain

Aronoff would get the prime lending rate, then 3.45 per cent at large Canadian banks — an attractive deal for a loan not secured by real estate.
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As Europe's open banking market develops, investors bet on APIs

The open banking software vendor TrueLayer has raised $7.5 million to help it expand into Europe and take advantage of opportunities from PSD2,
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Italian banking giant stops advertising on Facebook

A multibillion-dollar Italian banking conglomerate has stopped advertising with Facebook until the social media company improves its ethical
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Greens want Australia's banks broken up over 'shocking degree of rot'

Australian financial institutions including the big four banks would be forced to break up their businesses and perform just one of four key functions in a
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As Facebook enters banking, the debate on electronic citizenship becomes urgent

It is no secret that most social media giants want to enter the banking sector, but Facebook is now coming up with a concrete proposal to the sector for
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Millions of Americans Can't Afford a Checking Account. The Post Office Could Fix That

Chase, Wells Fargo and Bank of America all require balances of $1,500 to avoid fees on their basic accounts. There are workarounds. Customers can
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Is Facebook Really Asking For Your Banking Information?

Facebook is coming for people's banking information next, a report claims. Facebook already knows a ton of data about its users anyway, so why not
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