SPARTANBURG, S.C. – Spartanburg Regional FCU is paying it forward with employees directed to find someone who needs $50 and give it to them.
The credit union’s Pay it Forward campaign also asks that recipients of the good deed find a way to pass it on to someone else.
The cash giveaway is part of the statewide MADTAG campaign launched by South Carolina credit unions, which resulted in $8,000 of free gas to motorists during a February promotion.
The first U.S. bank to offer an exchange-traded product tied to bitcoin saw $34 million in trading on the first day.
Oil rights can be a surprisingly illiquid asset. A fintech called Frontlands is hoping to change that by offering a credit card for the owners of oil wells and other natural resources.
The fintech rolled out Intelligent Money Movement, a treasury service that combines payments, liquidity management and disbursements as it looks to capitalize on its multiple banking licenses.
Most banks are likely not large enough to not support stablecoins and tokenized deposits on their own, creating a new way for legacy IT firms to compete with fintechs.
It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices group say.
The payments processing firm recently filed for Chapter 7 bankruptcy with a nearly $3 million disputed charge owed to a subsidiary of Global Payments.
