TD Bank’s chief compliance officer, Monica Kowal, has reportedly left the bank. Kowal left the bank during the past week, and an internal memo that announced the move in late June did not mention a reason, Reuters reported Sunday (July 7), citing the memo. TD Bank did not...
It’s a challenging time at retail — both online and in-store. Merchants are grappling with a volatile economy and the fact that consumers, in at least some cases, are reining in their spending. Max Rieck, CFO at Versatile Credit; Chris Guido, head of TD Owned...
Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the United States. This estimate by analysts at Jefferies Financial Group is double the previous estimates, highlighting the severity of the potential impact on Canada’s second-largest lender,...
Toronto-Dominion (TD) Bank’s legal problems are growing with reported bribery allegations against a Florida banker. That ex-employee, Gerry Aquino Vargas, is accused of taking multiple $200 bribes to help customers shift millions to Colombia by avoiding anti-money laundering protections, Bloomberg News reported Monday (June 3)....
July 03, 2024
It’s a challenging time at retail — both online and in-store. Merchants are grappling with a volatile economy and the fact that consumers, in at least some cases, are reining in their spending. Max Rieck, CFO at Versatile Credit; Chris Guido, head of TD Owned Brands, Sponsorships and Emerging Opportunities for TD Retail Card Services; […]
May 14, 2024
The FinTech landscape may be altered by go-private deals, as private equity firms and other corporates find value in the space — and where, arguably, valuations don’t reflect the potential...
January 17, 2024
Labels are popular on Capitol Hill. And this week the labels are flying fast and furiously, aimed at big banks and credit unions. The Consumer Financial Protection Bureau (CFPB) put...
October 05, 2022
“If it ain’t broke, don’t fix it.” That’s about the attitude many companies had toward payment digitization before the pandemic’s overnight closure of businesses changed all that, instantly catalyzing finance...
July 07, 2024
TD Bank’s chief compliance officer, Monica Kowal, has reportedly left the bank. Kowal left the bank during the past week, and an internal memo that announced the move in late June did not mention a reason, Reuters reported Sunday (July 7), citing the memo. TD Bank did not immediately reply to PYMNTS’ request for comment. Kowal, who had […]
June 05, 2024
Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the United States. This estimate by analysts at Jefferies Financial Group is...
June 04, 2024
Toronto-Dominion (TD) Bank’s legal problems are growing with reported bribery allegations against a Florida banker. That ex-employee, Gerry Aquino Vargas, is accused of taking multiple $200 bribes to help customers...
May 23, 2024
Toronto-Dominion Bank (TD Bank) reportedly fired more than a dozen employees and began an overhaul of its processes as part of its efforts to address earlier failings in its anti-money laundering...
