An analysis found that over 40% of CDFI’s loans and investments are in majority and minority communities. LeoPatrizi Consumers can lobby for racial justice, and it’s as simple as opening an account at a community bank or credit union that supports communities that don’t receive services. Netflix recently announced that …
Read More »Netflix makes a $ 100 million pledge to support black communities
A button to launch the Netflix app on a remote control is seen in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | fake pictures Netflix announced Tuesday that it will begin putting 2% of its cash holdings in financial institutions and organizations to …
Read More »Wirecard to resume UK operations after FCA lifts restrictions
An employee displays the Wirecard AG online payment smartphone app at the company’s exhibition booth at the Noah Technology Conference in Berlin, Germany, Thursday, June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Wirecard has received permission to conduct regulated activities in the UK again following a decision by …
Read More »Goldman and other banks keep dividend stable, Wells Fargo to cut after stress test
(LR) Michael Corbat, CEO, Citigroup Inc., Jamie Dimon, CEO, JPMorgan Chase & Co., James Gorman, CEO, Morgan Stanley, Brian Moynihan, CEO, Bank of America Corp., Ron O’Hanley , President and CEO of State Street Corp., Charles Scharf, CEO of Bank of New York Mellon Corp., and David Solomon, CEO of …
Read More »Wirecard scandal affects users of UK fintech apps Curve, Anna and Pockit
The Curve card and the app are displayed on a smartphone. Curve Thousands of British consumers have been unable to access their cash as some financial technology applications that rely on the Wirecard scandal payment processor were forced to freeze their accounts. On Friday, the Financial Conduct Authority (FCA) ordered …
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