A flare-up that began on Twitter concerning allegations that the algorithm behind the Apple Card’s credit evaluation process is discriminatory against women has done more than flag a potential issue in a Big Tech’[...]
Following an initial announcement in May 2018, Apple and Goldman Sachs confirmed their intention to launch a jointly-branded credit card. According to the Wall Street Journal:
Apple and Goldman Sachs plan to start issuing this [...]
A new record was set in 2016 when 17.6 million cars and trucks were sold in the United States, marking the seventh consecutive year of increased auto sales, according to Automotive News. 48,000 [...]
The time has come to explore technological innovation constructively and openly discuss its potential applications. In part one, we took the complex relationship between bitcoin and the blockchain and it put in the simplest terms [...]
The National Credit Union Administration (NCUA) will be included in the $5 billion settlement reached between Goldman Sachs and the U.S. Financial Fraud Enforcement Task Force’s Residential Mortgage-backed Securities (RMBS) Working Group, an [...]
Elizabeth Warren, in her first year as a U.S. senator, has captured headlines by pressuring such industry titans as Goldman Sachs Chairman Lloyd C. Blankfein for transparency, including a Dec. 4 call for Wall [...]
By Alan Grayson
I've found an interesting and novel way to end Wall Street bailouts, and prove once and for all that no bank is "too big to fail." And I need your help. This [...]
A culture shift is still needed to reconnect finance with the real economy.
By Rana Foroohar
If you are in any doubt about how little has changed on Wall Street since 2008, check out yesterday’[...]
The National Credit Union Administration Board is reviewing its options and will pursue its claims vigorously. That is what the agency said after a federal judge in Los Angeles Friday ruled NCUA waited too long [...]
A federal judge in Los Angeles Friday ruled that National Credit Union Administration waited too long before filing its lawsuit against Goldman Sachs over $491 million in losses from residential mortgage-backed securities sold to U.[...]
Credit Unions should use their size to their advantage in a financial services arena that’s as unsettled as ever.
by Paul Gentile
What credit union wouldn’t want the brand dominance of Apple or [...]
A federal court has concluded that NCUA cannot pursue seven of its eight claims against Goldman Sachs over losses relating to mortgage-backed securities because the agency waited too long to file those claims, according to [...]