Cayce Clifford / American Banker:
SF-based fintech Chime has agreed to stop using the word “bank”, according to a settlement agreement with California regulators — The fintech Chime is nearing a deadline to stop implying that it operates as a bank, according to a settlement agreement with California regulators.

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Facebook whistleblower Frances Haugen tells lawmakers that meaningful reform is necessary ‘for our common good’
John Tye, one of Haugen’s attorneys, noted to CBS that the SEC can shield whistleblowers from retaliation by former employers. According to the SEC, those