Tag: Consumer/Personal Finance
FCA warns consumers against loan fee fraudsters amid rising summer borrowing
The Financial Conduct Authority (FCA) is combatting loan fee fraud in the UK as summer sees a peak in consumer borrowing. FCA launches a...
US fintech Block set to close European payments app Verse
San Francisco-based payments company Block is closing some of its European business operations, including its peer-to-peer payment app Verse and its buy now, pay...
US credit union associations CUNA and NAFCU announce merger to form America’s Credit Unions
The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) are set to merge and create "America’s Credit Unions,"...
Credit card fintech Petal secures $200m debt facility from Victory Park Capital
New York-based fintech Petal secures $200 million debt facility from Victory Park Capital and a $20 million term loan facility from Trinity Capital, along...
Over $10bn deposited into Apple Card’s savings account in first four months of going live
Just over four months after its launch, Apple's Apple Card savings account offering has amassed over $10 billion in deposits, marking a significant success...
Seacoast Bank strikes deal with NCR for ATM-as-a-Service solution
Florida-headquartered Seacoast Bank has partnered with NCR Corporation to use their ATM-as-a-Service (ATMaaS) solution, allowing the bank to outsource ATM management, reduce capital expenditure,...