LendingClub explains recent layoffs, strategy shift in Q4 earnings
The company will also slow investments in new products this year as it copes with economic uncertainty.
Source: americanbanker.com
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'A huge mistake': Lessons from the JPMorgan-Frank fintech deal
JPMorgan Chase alleges in a lawsuit that the college-planning website Frank provided misleading information before the bank bought it. Experts say there were plenty of red flags from the beginning.
Source: americanbanker.com
How banks should deal with AI's risks, according to NIST
An AI framework released by the National Institute of Standards and Technology this week is the government's advice on coping with pitfalls and making the software trustworthy.
Source: americanbanker.com
Why this bank CIO is not a fan of password managers
Rusty Haferkamp, the head of IT at Central National Bank in Waco, Texas, discusses his vigilant approach to protecting his bank from cyberattacks.
Source: americanbanker.com
Credit Karma's $3 million fine for alleged false pre-approvals finalized
The company told many customers they were "pre-approved" for credit card products they did not actually qualify to get. Proceeds from the fine will compensate those consumers, the Federal Trade Commission says.
Source: americanbanker.com