The US Sun

BANK of America customers may be eligible for a one-time payment from a $21 million settlement. Current and former Bank of America members with a BOA checking and/or savings account who were charged fees for this everyday transaction may have been unlawfully charged. Bank of America customers may be eligible to receive a portion of […]

Bank of America customers to get one-time payment from $21 million settlement – everyday transaction makes you eligible

To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. Last week, I got the scoop on publicly traded fintech Payoneer acquiring Singaporean startup Skuad for $61 million in cash, with the potential to pay up to $81 million. This was a pretty fast exit for Skuad founder Sundeep Sahi, who launched the company in 2019 with the aim of simplifying international hiring and had raised $19 million in venture funding. Both Payoneer and Skuad are geared toward SMBs that operate internationally, particularly in emerging markets. Notably, rather than build out the tech itself, Payoneer decided to acquire Skuad and integrate its payroll and contract management products into its own offering.

Payoneer scoops up Skuad, Robinhood’s strong Q2, and X is making progress on payments

Discounting opens a whole new world for brokers willing to make the investment necessary to be a successful partner. Don Cosenza provides a primer on discounting and its benefits for brokers and lenders. As the chief marketing officer of a broker centric, private lender, one of the most satisfying elements...

Operating at a Discount: The Benefits of the Broker-Lender Discounting Relationship

The Swedish buy now, pay later giant Klarna said it has begun offering savings accounts to its customers in the U.S. and 12 European countries, according to a Thursday post on the company’s website. Customers can use money from the accounts to pay for items using Klarna’s trademark installment payment app.

Klarna jumps into banking business

Apple Card has again been named the Best Co-Branded Credit Card for Customer Satisfaction with No Annual Fee in the J.D. Power 2024 U.S. Credit Card Satisfaction Study, marking the fourth consecutive year Apple Card and issuer Goldman Sachs have been awarded a No. 1 ranking in their segment in the U.S. Credit Card Satisfaction Study. The J.D. Power U.S. Credit Card Satisfaction Study measures overall customer satisfaction based on performance across various categories, including Account Management, Customer Service, and New Account Experience.

Apple Card again named best in customer satisfaction by J.D. Power

Business Insider

Explore ways to deposit money into someone else's bank account, ensuring your money transfer is safe and efficient while also finding the best option.

How to Deposit Money Into Someone Else's Account

Capital One credit card merger class action overview:. Who: Plaintiffs Tyler Baker and Lora Grodnick, both Capital One credit card holders, have filed a class action lawsuit against Capital One and Discover. Why: Baker and Grodnick want to halt a merger between the two credit card companies, saying it will...

Capital One credit card holders file class action over Discover merger

We all are used to going to the banks and taking out cash or availing other banking services whenever required. However, imagine one day going to your bank and being told that you will not be provided cash, as they have stopped this particular service. You'll be surprised and that's what happened to Taryn Compton and she couldn't believe it.

Woman left shocked when her bank said that they don't keep cash anymore: 'Can't access your money'

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Having a credit score of...

My Credit Score Is Above 800. Here's Why Wells Fargo Denied My Credit Card Application

Tom's Guide

Scammers are calling victims on the phone impersonating their bank while an accomplice goes to their home to get the chip and PIN from their debit card.

FBI issues warning over scammers impersonating banks to steal your debit cards

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield. APYs are subject to change at any time without notice.

5 Major Bank Account Scams and How to Avoid Them

Texas State

No further specifics were given, but these schemes typically involve fraudsters tricking employees at a company — often in finance or with access to the executive suite — into initiating a bank transfer of company funds to a bank account controlled by the fraudsters. These schemes can involve the hacking of email accounts used by executives to send fraudulent instructions to staff on their behalf, or even use deepfakes in efforts to trick unsuspecting employees into transferring funds.

Texas firm says it lost $60M in a bank wire transfer scam

Cash App is expected to pay out up to $15 million in a class action settlement due to two data security incidents and company practices around unauthorized account access and fraudulent transactions, meaning eligible Cash App users can now file a claim and could receive up to $2,500. In a...

Cash App Data Breach Settlement: How to Claim Up to $2,500

IF you're one of the 50 million Americans who use a popular mobile payment app, you may be entitled to a payment from a $15 million settlement. Cash App is facing a class action lawsuit regarding data breaches between 2022 and 2023. The suit alleges that Cash App failed to...

Americans can claim up to $2,500 from $15 million mobile payment service settlement – you must meet three criteria

A US banker has admitted to stealing millions of dollars from customers’ accounts in a 15 year-long scheme. The U.S. Attorney’s Office for the Western District of Missouri says 36-year-old Megan Lea Dougherty has pleaded guilty to one count of bank fraud for looting $2.393 million from over a dozen Exchange Bank of Missouri customer accounts.

$2,393,288 Drained From Customers’ Bank Accounts As Insider Falsifies Records, Transfers Funds to Herself and Family: US Department of Justice

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

USA TODAY

Shoemaker Hey Dude has agreed to pay a $1.9 million dollar settlement to the FTC. Thousands of customers could qualify for a payout.

Popular shoemaker Hey Dude to pay $1.9 million to thousands of customers in FTC settlement

Las Vegas, NV

Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

New Jersey State

Who: Plaintiff Jeffrey Stevens is suing TD Bank. Why: Stevens claims the bank unlawfully shares its customers’ personal information with Meta. Where: The TD Bank class action was filed in a New Jersey federal court. A new class action alleges that TD Bank unlawfully shared its customers’ personal information...

TD Bank class action claims bank shares customer info with Meta

NewsBreak

Klarna takes on banking with new savings, cash-back offerings

The company is offering consumers in the U.S. and 11 European countries the ability to store money in a Klarna “balance” account, where they can deposit...

Klarna takes on banking with new savings, cash-back offerings

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