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The credit bureau's Argus unit collected the bank's credit card data on behalf of regulators, then used it in the benchmarking service it sells to other banks, the bank says. The suit comes at a time when bank data is becoming increasingly open, at least in theory.
New research from Cornerstone Advisors and BaaS provider Synctera helps points to banks’ growing interest in BaaS and the path forward for banks and fintechs.
Term Sheet readers say what to expect this year in the private markets.
FDIC Chair Martin Gruenberg, who has been leading efforts to shore up large lenders, is facing growing calls for resignation.
FDIC Chair Martin Gruenberg, who has been leading efforts to shore up large lenders, is facing growing calls for resignation.