Another banking progressive could replace Katie Porter in House
California’s 47th Congressional district, which is being vacated by Rep. Katie Porter, D-Calif., after her unsuccessful bid for California’s senate seat, is being sought by law professor and Democrat David Min, who has been an outspoken progressive on banking issues. Running against him is Republican Scott Baugh, who ran unsuccessfully against Porter in 2022.
Guild Mortgage takes earnings hit from servicing portfolio
Value adjustments to Guild's MSRs totaled a loss of $145.8 million, the nonbanks third quarter earnings show.
Company behind cash-advance app takes Election Day roller-coaster ride
Los Angeles-based Dave got sued Tuesday by the Federal Trade Commission. Its stock price briefly plunged before soaring in the wake of Donald Trump's election.
Wise brushes off political change; Ingenico pushes crypto
The U.K. international money transfer firm posted strong earnings and said its regional diversification can offset the rise of isolationism in specific markets. Ingenico adds technology to enable cryptocurrency payments, and more. Here's what's happening in the world of payments.