Consumers in the Australian state of Queensland now can use prepaid Go Cards for travel on the TransLink network, the Queensland state transport minister has announced. The Go Card is a contactless card consumers can use to pay for bus, train and ferry rides. Consumers can store up to AU$250 (US$230 or 156 euros) on the cards. Consumers can buy the cards at various merchant locations in Queensland, and they can choose to have automatic top-ups on the cards via credit card payments. The Queensland Government formed the TransLink Transit Authority to improve and expand public-transport services across Southeast Queensland.
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As large wealth managers struggle to retain advisors seeking greater independence, Wells Fargo has taken a distinct approach with its FiNet channel. But is the loss of profit margin worth the retention gains?
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On June 30, the SEC asked for public comments on the regulator's proposed amendments to novel ETFs. About a week in, responses tilt to a hard "no thank you."
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The move is designed to align the two Utah-based businesses under a single unique name and comes two years after the bank acquired the home lender in 2024.
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Federal Reserve Bank of Dallas President Lorie Logan said at an event Thursday that conducting monetary policy actions through a third party would improve efficiency and make markets stronger.
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The payment company's PYUSD has launched on Polygon's international digital asset rail as big financial institutions give potential heft to Open Standard's pending OpenUSD.
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Federal Reserve Chair Kevin Warsh's five policy review groups will be composed of a broad mix of business leaders, academics and former central bankers, including venture capitalist Marc Andreesen and former Fed Gov. Jeremy Stein.
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