Doha Bank has begun to issue a Visa-branded credit card designed to appeal to consumers interested in preserving the environment, the Qatar-based bank says in a statement. The "Go Green" card is made from biodegradable material, the bank says. Doha says it will convert 1% of all cardholder spending into "green" points that will result in donations to environmental groups and efforts, such as those that support tree planting in Qatar and environmental education for children. Bank officials offered no immediate comment.
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The Consumer Financial Protection Bureau initiated a new rulemaking process for its open banking rule with a focus on who can serve as a representative for the consumer and whether banks can charge fees to third parties for consumer data.
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The digital bank gives its business clients the option of feeding their bank account data into Anthropic's large language model, which will then provide answers to their questions.
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The Office of the Comptroller of the Currency Friday terminated a 2022 enforcement order against Anchorage Digital, the first federally regulated crypto bank, at a time when fintechs and crypto firms are increasingly seeking national trust charters.
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More nonbank digital asset firms are applying for national trust charters, a development that many banking organizations oppose due to what they say is inadequate oversight, lack of congressional intent and no FDIC backstop.
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The Federal Open Market Committee member is the third Democrat the Trump administration has accused of committing occupancy fraud.
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The Charlotte, North Carolina-based bank, which is focusing its growth push in the Southeast, is also planning to renovate 300 existing offices as part of an effort to attract more mass-affluent customers.
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