Levi Strauss & Co. (LS&Co.) has announced the next steps in a leadership transition plan announced about 13 months ago. President and CEO Chip Bergh will retire from the brand-name apparel company on April 26, LS&Co. said in a Thursday (Dec. 7) press release. Michelle Gass, who...
Flutterwave has acquired 13 money transmission licenses in the United States, allowing for faster, more affordable and secure money transfers between the U.S. and Africa. These licenses expand Flutterwave’s reach to a total of 29 U.S. states, the payments technology company said in a Thursday...
Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade Commission (FTC) warned consumers of this threat in a consumer alert posted Wednesday (Dec. 6). “A scammer’s QR code could take you to...
Kroger has teamed with Soda Health to give consumers greater access to pharmacy and nutrition services. The companies’ “Smart Benefits” partnership combines Kroger Health’s services with Soda Health’s “&more” platform and is open to participating Medicare Advantage, Medicaid and employer benefits program recipients, per a Thursday (Dec. 7) press...
Payment service provider Citcon has launched a partnership with cross-border mobile payment platform Alipay+. The collaboration, announced in a news release Thursday (Dec. 7), is designed to allow for international e-wallet payments for U.S. retail merchants. As part of the partnership, duty-free retail group International Shoppes, will be among the...
The Consumer Financial Protection Bureau (CFPB) has ordered Atlantic Union Bank to pay $6.2 million, saying the bank misled customers and improperly enrolled them into paying overdraft fees. The $6.2 million in payments includes refunding at least $5 million to consumers and paying a $1.2...
Could tech giants like Google and Amazon fall under the purview of British financial regulators? A trio of those regulators — The Bank of England, Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) — announced Thursday (Dec. 7) they are reviewing rules that would cover services provided by “critical...
Travel and expense (T&E) management firm Emburse has joined forces with Mastercard to offer enhanced security, proactive spend control and transaction data for its Emburse Cards. This partnership aims to assist modern finance teams in adapting to the digital economy by providing secure, simple and...
Payments platform FreedomPay has teamed with Citi to enable Citi Pay products at point-of-purchase. “This collaboration provides consumers with flexibility in selecting their preferred lending solutions at the point-of-sale, further enhancing their shopping experience,” the companies said in a Thursday (Dec. 6) press release. The partnership also gives consumers control of...
