Bank

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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SVB Collapse Creates Question Mark for Venture Debt
SVB Collapse Creates Question Mark for Venture Debt
April 10, 2023  |  Investments

What does the downfall of Silicon Valley Bank mean for the venture debt sector? It’s a question asked by a Monday (April 10) report in...

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Banks Find Item-Level Receipt Data Key to Fighting Friendly Fraud
Banks Find Item-Level Receipt Data Key to Fighting Friendly Fraud
March 20, 2023  |  Data

With privacy top of mind for most consumers, opting into using receipt data may require collection transparency. Item-level receipt data integration has gained increasing attention....

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Investec Launches First Day-to-Day Business Account
Investec Launches First Day-to-Day Business Account
July 14, 2021  |  B2B Payments

The banking and wealth management group Investec has launched its first day-to-day business banking account in, what a Wednesday (July 14) Reuters article calls, “a...

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Walmart’s MoneyCard Users Get DDA-Like Services Powered By Green Dot Digital Banking Platform
Walmart’s MoneyCard Users Get DDA-Like Services Powered By Green Dot Digital Banking Platform
June 24, 2021  |  Walmart

Walmart’s MoneyCard, issued by Green Dot Bank, is now being offered as a debit card linked to a demand deposit account (DDA) instead of being...

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NEW DATA: The Impact Of Transaction Declines And Disputes On The Consumer-Merchant Relationship
NEW DATA: The Impact Of Transaction Declines And Disputes On The Consumer-Merchant Relationship
October 20, 2020  |  Credit Cards

Consumers love how easy it is to use credit cards to make purchases, but hate how hard it can be to dispute a transaction. In...

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Deep Dive: How AI Helps FIs Fight False Chargebacks
Deep Dive: How AI Helps FIs Fight False Chargebacks
September 14, 2020  |  Fraud Prevention

Criminals are not the only security threats financial institutions (FIs) and their merchant clients face — these entities often need to defend themselves against consumers...

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Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit
Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit
July 29, 2020  |  International

U.S. bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). According...

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Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
July 01, 2020  |  Payment Methods

Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator...

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