Bank Innovation
MARCH 16, 2016
Lenny is meant for mobile (of course) and launched today in California. Millennials hate credit — but a new service called Lenny is out to change that. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More.
PYMNTS
APRIL 2, 2020
Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations. Financial data is useful in helping banks develop wide-reaching marketing campaigns, but social data is critical to developing offers for specific customers.
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PYMNTS
SEPTEMBER 25, 2020
HSBC To Staff: Stay Off Bank’s Social Media Accounts . The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept. The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept.
CFPB Monitor
NOVEMBER 6, 2019
District Court for the Northern District of California, accuses Facebook of discriminating against women and individuals over 40 who were denied advertisements and information about certain financial services opportunities, including those for bank accounts, insurance and investing. A purported class action filed last week in the U.S.
PYMNTS
MAY 31, 2019
The California-based CU sought to solve these problems by launching a financial support program to supply children and teens with loans while also teaching them smart money management. . “Our The CU once had an issue in which a child was so excited to receive a debit card that they posted a photo of it on social media, number included.
CFPB Monitor
APRIL 13, 2020
Complaints were received from servicemembers in all 50 states and the District of Columbia, with the largest number of complaints coming from California, Texas, and Florida (states that the OSA pointed out have the largest veteran concentrations). In FY19, the same overall number of complaints (34,600) were submitted as in FY18.
FICO
APRIL 3, 2020
They’re scrambling to stay afloat – but with no end in sight, what will this mean for the economy and the credit and lending industry? Congress is currently considering a proposal that would increase a Treasury Department fund, giving the Federal Reserve access to $350+ billion that could be used for emergency lending programs.
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