Tag: Bank of America
5 US investment banks face $1bn in fines
Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.
Genesis Global collects fresh funding just months after $200m round
Low-code application development platform Genesis Global has received a $20m investment from Bank of America, BNY Mellon and Citi.
CFPB fines Bank of America $100m for “botching” disbursement of state...
The Consumer Financial Protection Bureau (CFPB) has fined Bank of America $100m for allegedly botching the disbursement of state unemployment benefits at the height of the pandemic.
Real-time payment app Banked scores Series A
Banked, a global real-time payments network, has closed its Series A funding round on $20m.
Bank of America reportedly agrees to settle in overdraft fees case
Bank of America has reportedly agreed to pay $75m in the settlement of a lawsuit, which accuses the bank of extracting overdraft fees it didn’t earn from customers with savings and checking accounts.
Affirm’s stocks soar on first day of trading and pave way...
Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.
Cybersecurity company Enso Security closes its seed round on $6m
Enso Security, which builds application security posture management, has closed its seed round on $6m.
How the role of the chief risk officer is changing
The role of the chief risk officer is changing for good. It will not come as a surprise to many that technology will help this change, but there are other factors at play, including a merger with the chief financial officer.
Neptune Networks closes $15m in funding from host of corporate investors
Neptune Networks, a data platform for the bond market, has scored $15m in a funding round which was raised from a number of institutional investors.
Visible Alpha lands investment from HSBC
Visible Alpha, a startup helping analysts and fund managers cope with regulatory changes, has landed further investment from HSBC.