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New Jersey Attorney General sues merchant cash advance providers

CFPB Monitor

The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US

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FinCEN Hits Capital One For $390 Million; Says Bank Violated Bank Secrecy Act

PYMNTS

15) announced that it is assessing a $390 million penalty against Capital One for engaging in what it says are “both willful and negligent violations” of the Bank Secrecy Act (BSA). According to a statement from FinCEN , Capital One admitted to failing to implement and maintain an effective anti-money laundering (AML) program.

Capital 268
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TS Imagine Strengthens its Marketplace Leadership with Non-Exec Board Appointments

Bobsguide

LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth. He brings over 30 years of banking experience and was previously CEO of Scotia Capital in the US. About TS Imagine.

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OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform

PYMNTS

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101
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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

“This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.” and Australia. .” and Australia.

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JD.com’s Q3 Tech Investments Jump 70 Percent Year Over Year

PYMNTS

While most of JD.com’s technologies are still in their testing phase, the company’s head of technology believes it can start to capitalize on these innovations when it can do things at scale. “If If there is no scale, there is saving,” Chen Zhang told a group of reporters in Beijing on Tuesday (November 6). “If

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ESET Finds Malware That Could Target Power Supplies

PYMNTS

In a press release , the company said the malware was probably involved in the December 2016 cyberattack on Ukraine ’s power grid that prevented part of its capital, Kiev, from getting power for more than an hour. Vovnenko was also told to pay restitution of $83,368.