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Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
February 21, 2024  |  Banking

Regions Financial is shortening the tenors of certificates of deposits (CDs). This is part of an effort by the bank to manage deposit costs in preparation...

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Chase Faces Lawsuit Over Fees on Deposited Checks That Bounce
Chase Faces Lawsuit Over Fees on Deposited Checks That Bounce
February 21, 2024  |  Legal

JPMorgan Chase is facing a lawsuit over fees for deposited checks that bounce. In a lawsuit filed Wednesday (Feb. 21) against JPMorgan Chase, five customers...

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Acting Comptroller Michael Hsu Says Bank-FinTech Partnerships Complicate Risk Monitoring
Acting Comptroller Michael Hsu Says Bank-FinTech Partnerships Complicate Risk Monitoring
February 21, 2024  |  Partnerships

Michael Hsu, the acting comptroller of the currency, emphasized the importance of banks actively managing risks associated with their relationships with FinTech companies.  During a...

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Green Dot Partners With Dayforce for On-Demand Wage Access
Green Dot Partners With Dayforce for On-Demand Wage Access
February 21, 2024  |  Partnerships

Digital bank and FinTech firm Green Dot has announced a partnership with Dayforce to power its on-demand pay solution Dayforce Wallet. This collaboration will allow Green Dot to serve...

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Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
February 21, 2024  |  Partnerships

Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends...

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Report: Amazon Plans to Shelve Ad-Supported Streaming Service Freevee
Report: Amazon Plans to Shelve Ad-Supported Streaming Service Freevee
February 21, 2024  |  Amazon

Amazon is reportedly planning to discontinue Freevee, its free, ad-supported streaming service. The move comes as part of a broader effort by Amazon to focus...

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Intuit Launches Financial Management Tool for One-Person Businesses
Intuit Launches Financial Management Tool for One-Person Businesses
February 21, 2024  |  SMBs

Intuit has unveiled a new financial tool called QuickBooks Solopreneur, tailored specifically for one-person businesses. This product offers intuitive features to help these entrepreneurs manage their finances,...

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BankiFi Partners With Praetura to Expand Small Business Funding Access in UK
BankiFi Partners With Praetura to Expand Small Business Funding Access in UK
February 21, 2024  |  SMBs

FinTech BankiFi has partnered with financier Praetura to develop a lending-as-a-service solution for small to medium-sized enterprises (SMEs) in the U.K. The platform is specifically designed to help...

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Roblox Game Developer Earnings Leap 19% in 2023
Roblox Game Developer Earnings Leap 19% in 2023
February 21, 2024  |  Payments Innovation

Roblox game developers earned a record $741 million in 2023. This marks an increase of roughly 19% from the previous year, Bloomberg reported Wednesday (Feb. 21), citing a...

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