CitiBusiness credit cards will offer prescription discounts to employees of small businesses carrying its cards. For an additional $10, a business can add employees who don't carry the CitiBusiness card. For $8.95 per month, employees can add dental and vision.
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.
North Carolina-based First Citizens BancShares completes its acquisition of 138 branches across 11 states; City National Bank appoints Chad Lloyd senior vice president and head of RBC U.S. Mortgage; London-based payments processor Checkout.com launches its U.S. subsidiary in Georgia; and more in this week's banking news roundup.
Advisors can leverage the updated opportunity zone program, starting in January, to help ultrahigh net worth clients defer capital gains.
As advisors rush to build their own AI tools, experts warn that guardrails need to cover data going in, not just data going out.
Bank and credit union regulators proposed a rule that would apply more supervisory oversight to core service providers, saying the firms sometimes provide little transparency to banks and can disrupt due diligence processes.
The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
