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Early Warning's person-to-person payment network predicts that real-time settlement through The Clearing House's RTP network will enhance its appeal.
February 25
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Payments platform Plastiq is partnering with corporate card provider Ramp to allow businesses to pay for any expense through the card — even if recipients do not accept payment cards.
February 25 -
The payments division of Western Union has integrated with the Swift Global Payment Initiative for faster transfers, and has added international currency options.
February 25
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Capital One Financial has begun to lift borrowing limits for certain customers as it seeks to restart growth in its sprawling credit card business.
February 24
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Prepaid customers’ COVID relief spending boosted the bank’s bottom line in 2020, but executives don't count on a repeat performance.
February 23
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Prepaid customers’ COVID relief spending boosted the bank’s bottom line in 2020, but executives don't count on a repeat performance.
February 23 -
About half of U.S. workers received an unexpected financial expense each month for 12 months overlapping most of the COVID-19 pandemic, with many resorting to bouncing checks or payday loans to cover the costs.
February 23
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Some in the industry are beefing up online educational offerings and enlisting social media ambassadors on college campuses to help recruit younger consumers.
February 22
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The Office of the Comptroller of the Currency issued a prompt corrective action directive to First National Bank and Trust in January, requiring it to hire a forensic auditor and provide the OCC with access to documents and records.
February 22 -
The deal for the $63 billion-asset People's United would create a company with more than $200 billion of assets and a branch network stretching from Maine to Virginia. Buffalo, N.Y.-based M&T has not made an acquisition since buying Hudson City Bancorp in late 2015.
February 22
