Co-founder of small California bank gets banned from the industry
Anthony Gressak III, who also served as interim CEO of Nano Banc, allegedly obtained pandemic relief funds fraudulently.
Punishing workers who send remittances overseas is bad policy
A punitive tax on payments sent overseas to the families of immigrants would have a cascading set of consequences — all of them bad.
Fintech Sunbit seeks BNPL distinction in co-branded cards
The niche buy now/pay later firm is looking for differentiation in a crowded market with recognizable brands like Klarna, Affirm and Afterpay.
Inside BNY’s plans to upgrade Eliza, its generative AI platform
The 2.0 version, expected to launch next year, will provide more detailed responses based on more complex, humanlike thought processes.