accounts

MX Teams With MeridianLink for Real-Time Verification
MX Teams With MeridianLink for Real-Time Verification
September 01, 2022  |  Partnerships

Open finance firm MX and financial software platform MeridianLink announced a reseller agreement to speed up and enhance the digital account opening process. Under the...

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How Half Of All Businesses Are Closing The Receivables Cash Flow Gap
How Half Of All Businesses Are Closing The Receivables Cash Flow Gap
February 09, 2021  |  B2B Payments

As business-to-business (B2B) firms are looking to digital transformation to drive efficiencies, manual accounts receivable (AR) processes are becoming a thing of the past. The...

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Payments Company Owner Gets Jail Time For Debit Fraud
Payments Company Owner Gets Jail Time For Debit Fraud
June 25, 2020  |  Security & Fraud

Gareth David Long, a 41-year-old Las Vegas resident, was sentenced to 70 months in prison for fraud for stealing money from victims’ accounts, the Department...

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Some Banks Seize Stimulus Money To Cover Customer Overdrafts
Some Banks Seize Stimulus Money To Cover Customer Overdrafts
April 17, 2020  |  Banking

Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. “For weeks, we have pressed the...

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Mastercard, Nationwide Partner To Serve Britain’s Small Businesses 
Mastercard, Nationwide Partner To Serve Britain’s Small Businesses 
July 23, 2019  |  SMBs

A banking service targeting Britain’s 5.6 million small businesses is being launched by a new Mastercard and Nationwide partnership.  Nationwide is gearing up for the...

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PayPal Posts 25 Pct Jump In Payments Volume
PayPal Posts 25 Pct Jump In Payments Volume
October 19, 2018  |  Earnings

PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and high single-digit boosts...

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U.K.-Based Monzo Cautiously Optimistic About New Accounts
U.K.-Based Monzo Cautiously Optimistic About New Accounts
July 18, 2017  |  Digital Banking

After a stumble in its card payments, which we reported on in last week’s news cycle, U.K.-based Monzo is moving forward with its next rollout phase. Currently,...

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Lawyers Say Fake Wells Accounts Number 3.5M
Lawyers Say Fake Wells Accounts Number 3.5M
May 15, 2017  |  Bank Regulation

The saga continues for Wells Fargo, as plaintiff lawyers in its fraudulent case up the fictitious accounts opened number. Lawyers for the plaintiff side are...

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