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Chris Ward Will Lead Wholesale Payments at Truist 
Chris Ward Will Lead Wholesale Payments at Truist 
August 01, 2022  |  Personnel

Truist Financial named J. Christopher Ward to head its wholesale payments business, which encompasses treasury solutions, merchant services and commercial card solutions. Get the Full...

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SEC Charges 11 at Forsage in Alleged $300M Crypto Pyramid and Ponzi Scheme
SEC Charges 11 at Forsage in Alleged $300M Crypto Pyramid and Ponzi Scheme
August 01, 2022  |  Security & Fraud

The Securities and Exchange Commission (SEC) has charged 11 people for their roles in allegedly creating and promoting fraudulent cryptocurrency pyramid and Ponzi scheme Forsage,...

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Lemonade Sells Metromile Enterprise Business Solutions Platform
Lemonade Sells Metromile Enterprise Business Solutions Platform
August 01, 2022  |  Insurance

Artificial intelligence (AI)-powered insurance company Lemonade has officially divested online insurance platform and pay-per-mile vehicle insurer Metromile’s Enterprise Business Solutions (EBS) to digital insurance platform...

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Digital Bank Grasshopper Secures $30.4M to Drive Growth
Digital Bank Grasshopper Secures $30.4M to Drive Growth
August 01, 2022  |  Investments

Digital commercial bank Grasshopper Bank has raised $30.4 million to support its growth across the business and innovation economies and meet clients’ expectations by providing...

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Rêv Worldwide Set to Acquire Netspend Consumer Business
Rêv Worldwide Set to Acquire Netspend Consumer Business
August 01, 2022  |  Acquisitions

International FinTech Rêv Worldwide announced Monday (Aug. 1) that it will acquire Netspend’s consumer business from Global Payments, in partnership with Searchlight Capital Partners. Get...

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Comerica Bank Taps Allysun Fleming to Head Payments Unit
Comerica Bank Taps Allysun Fleming to Head Payments Unit
August 01, 2022  |  Personnel

Comerica Bank has appointed Allysun Fleming to lead payment strategy as it moves all payments-related operations into a single unit that she will head as the...

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Tandem Bank Joins Raisin UK Savings Marketplace
Tandem Bank Joins Raisin UK Savings Marketplace
August 01, 2022  |  Digital Banking

Digital bank Tandem announced in a statement Monday (Aug. 1) that it has joined the Raisin UK online savings marketplace, providing U.K. customers with access...

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Amazon Offers Same-Day Delivery From Local Retailers
Amazon Offers Same-Day Delivery From Local Retailers
August 01, 2022  |  Amazon Delivery

Amazon has given Prime members in 10 United States metro areas the ability to shop at local retail stores using the company’s app and website...

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More People Turn to Dollar Stores for Essentials Due to Inflation
More People Turn to Dollar Stores for Essentials Due to Inflation
August 01, 2022  |  Economy

As retail prices continue to soar, cash-strapped households are reeling in expenses by skipping extras, buying in bulk, doing without, and turning to dollar stores...

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