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Marqeta reached a $4 billion valuation over the last decade focusing only on prepaid and debit card issuing, and now it’s retooled its digital platform to issue credit cards, too.
February 18
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Acquiring AmeriHome would provide the fee revenue the Phoenix company seeks to compensate for low interest rates and tepid commercial loan demand. The deal also would allow it to reinvest billions of dollars of excess liquidity.
February 17
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I2c and Unifimoney change incentives to fit market conditions, rather than focusing primarily on boosting consumer spending.
February 17
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Norwegian browser Opera Limited has launched Dify, a wallet that will support payments and cash-back rewards through a virtual Mastercard debit card.
February 17
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The card brand's data exchange platform, which provides mobile real-time processing, has gained support from the likes of PNC and Citizens.
February 17
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The card brand's data exchange platform, which provides mobile real-time processing, has gained support from the likes of PNC and Citizens.
February 17 -
The Arizona company will pay $1 billion for the parent of AmeriHome Mortgage, which manages a $99 billion mortgage servicing portfolio.
February 16 -
The leadership at Boston Private Financial Holdings wanted to establish a wealth management partnership with SVB Financial Group — but ended up striking a deal to sell the company to SVB instead.
February 16
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A planned combination with Premier Federal Credit Union in Greensboro, N.C., will expand the Charlotte-based credit union's reach in the Tar Heel State.
February 16 -
The amount of money repatriated by Filipinos abroad fell last year for the first time since 2001 as the pandemic upended the global job market.
February 16
