PHOENIX - (07/25/05) -- State officials said last week theywill start offering recipients of child support payments andunemployment benefits the ability to receive the payments onstate-issued debt cards, the first state to offer the combinedpayments on debit card. The Visa-issued cards will be offered byJPMorgan Chase, allowing recipients to use the cards anywhere thatVisa is accepted. They will also be able to make a limited amountof free cash withdrawals at ATMs owned by Morgan's Bank One unit.The new cards are aimed at the state's unbanked benefitsrecipients.
-
The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
September 12 -
Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
September 11 -
The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.
September 11 -
Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
September 11 -
Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
September 11 -
The digital asset and card-issuing firms are supplying the guts to enable transactions for cards and digital wallets, betting that Mastercard's ties to both firms will be attractive to banks, consumers and merchants.
September 11










