DALLAS - (05/09/06) Stored payment card startupannounced Monday it has signed a deal with Payment Data Systems tolaunch its Billx.com teen prepaid stored value card and youthsavings program. Teenagers 13 and older, with parentspermission, qualify for the stored value card, while kids under 13are eligible for allowances to be deposited in a savings account.Payment Data Systems, of San Antonio, will also use PAYjrsprogram that teaches teens how to manage their money.
The Ohio bank said its 2027 earnings per share will be lower due to an accounting revision linked to its acquisition of Cadence Bank. But CEO Steve Steinour remains sold on Huntington's expansion plans, calling the Cadence deal a "home run transaction."
Houston developer Colony Ridge Development agreed to resolve allegations that it operated a bait-and-switch scheme targeting Hispanic immigrants that led to massive foreclosures.
JPMorganChase, Citi and Custodia are among the banks that have built digital asset projects on the Ethereum blockchain.
The district's appeals court let stand a May 2025 ruling that dismissed most of the D.C. Attorney General's claims against EarnIn in a major win for the firm and good news for fintechs looking for favorable regulatory treatment.
Delinquencies on credit-card debt mostly held steady at the end of last year, but certain groups of consumers are faring better than others.
Top takeaways from American Banker's 2026 Predictions report finds that midsize bankers push for app investments and are concerned about wire transfer fraud.
