Color’s chapter 11 proceedings in New Jersey, ruling Monday that a bank account opened in the state shortly before the company’s filing was enough to anchor its multibillion-dollar case there.

The fintech, aimed at serving the unbanked and underbanked, failed to recover following the loss of a major program that had ...

Shadow lending poses significant risks to financial stability, with major regulators highlighting vulnerabilities and the substantial exposure of large and small banks to shadow lenders. First & ...

"It is especially important in light of the growth of nonbank crypto firms and fintechs and their relationships with banks," acting Comptroller Michael Hsu, who sits on board of the Federal Deposit ...

Experts attribute the rise in bankruptcies to less consumer spending and financial cushion. Pandemic-era stimulus has long ...

“If a fintech partner went bankrupt or had other issues, we are in control of those deposits,” said Teri Hodgett, chief risk officer at Sunrise Banks, at left. Reid Whiting, chief banking officer of ...