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Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages

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A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great Recession, according to a report in Reuters. The class-action lawsuit – the Arkansas Teacher Retirement System v.

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US DOJ Charges 14 With $28M In PPP Fraud

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In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans. Benjamin Hayford, 32, of Centerton, Arkansas, is scheduled to be sentenced on Nov.

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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

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With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog. The maximum loan is $20,000 at 8 percent for one year with no credit check.

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Walmart Partners With HomeValet On Smart Box Technology For Fresh Deliveries

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He said delivery should fit a customer’s schedule and the retailer’s pilot program with HomeValet “is one of many solutions we’re testing” to make people’s lives “more manageable.” . The smart box technology will provide the delivery driver with secure access to the box. Delivery is secure and contactless and will stay fresh.

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Fear Climbs That Small Banks Are Taking On Too Much CRE Loan Risk

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Bank OZK , the Arkansas lender, saw its stocks plunge late last week after it took a more than $45 million write-down on two commercial real estate loans, stoking fears that small banks in the U.S. are taking on too much commercial real estate loan risk. He did note that close to $3 billion in loans were made in New York.

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The Power Problem Holding Back Supply Chain Digitization

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The technology is often considered a game-changer for supply chain management and logistics operations, able to both elevate the efficiency of operations while connecting corporates to real-time data for deep business intelligence and analytics. The Chicken-and-Egg Conundrum.

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Mobilizing Student Loan Disbursements

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It is now offering more than 500,000 student loan customers access to its BankMobile Disbursements tools and Vibe checking accounts, and nearly 90 percent of its customers at the University of Texas, the University of Arkansas and 34 others have elected to receive mobile disbursements. Paper checks are terrible for students,” he said.

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