JACKSONVILLE, Fla. - (03/04/05) -- Fidelity National Financial Inc.said Thursday it will join with PhoneCharge, Inc., an electronicbill payment provider, to co-market a suite of e-bill pay productsand services. The payment suite will be aimed mostly at theautomotive finance market. The two companies plan to combinePhoneCharge's bill payment platform via Fidelity's interface tohelp auto loan and lease companies streamline, upgrade and expandtheir payment services. The interface will allow consumers to paytheir loan and lease payments by credit card, debit card orelectronic check via phone or the Internet.
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Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
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Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
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The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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