Project Heather

Core Banking, Fintech

Figure | September 08, 2022

Figure Technologies, Inc., a pioneer in financial technology, transforming banking through blockchain, announced the launch of its new banking and payment business, Figure Payments Corp. Known as Figure Pay, the subsidiary of Figure will deliver Banking as a Service (BaaS) offerings through a highly scalable, quickly deployable application programming interface-driven platform. Figure Pay offers two platform alternatives, one focused on fintech, non-banks, and retailers, and one f...

Wells Fargo | March 05, 2020

Wells Fargo is not complying with the terms of multiple settlements related to its sales scandal, according to a Congressional report released on Wednesday that also faulted regulators for failing to aggressively enforce the agreements. The U.S. House of Representatives Financial Services Committee released the findings of its year-long probe into the bank ahead of hearings next week that will see its new chief executive, Charles Scharf, and its chair, Betsy Duke, testify before the committee fo...

Tesla | January 21, 2020

There’s a new Tesla bull on the block on Wall Street, with an analyst boosting his price target to $800 Tuesday, the highest on the sell side at present. Tesla (NASDAQ:TSLA) shares jumped 5.9% in morning trading. New Street Research analyst Pierre Ferragu, who already has a buy rating on shares, hiked his price target to $800 from $530, noting that key elements of the research firm’s bullish thesis through 2025 have been validated over the past year-and-a-half. "We stick to our ...

JPMorgan | June 15, 2020

JPMorgan Chase is to roll out digital receipt management technology from Canada's Sensibill to all of its 38 million active mobile users later this year. Sensibill enables users to capture receipts with a phone camera, automatically reconciling the data into the customer’s transaction history. Available from within the bank's mobile app, customers can track their spending, submit warranties and expenses and keep on top of bookkeeping.“Chase has created a digital banking...