Columbus, OH

In a move that’s set to shake up the financial services industry, Merchant Advice Service has launched The Payments Directory; a first-of-its-kind, solution-led approach that will empower businesses to secure their next best merchant account, unbiased and with unmatched transparency, developed with input from experts who have previously worked on the development of MoneySuperMarket.

Industry-first ‘The Payments Directory’ Launches as the Go-To Platform for Businesses Seeking Transparent and Tailored Financial Solutions Without the Need for a Broker

According to a recent survey by Smart Money People, a UK-based financial services review site, 51% of small to medium-sized enterprises (SMEs) are considering switching their main bank or banking facilities provider in 2023. The research, which was conducted amongst 500 senior decision-makers at SMEs from December 8th to 14th,...

51% of SMEs considering switching to challenger banks or FinTech in 2023, says survey

In the landscape of fintech, a disruptive force known as Banking as a Service (BaaS) has gained momentum. This innovative approach allows traditional financial institutions to expand their horizons by partnering with fintech companies, offering regulated banking capabilities through APIs. As BaaS continues to reshape the industry, it’s essential to...

Navigating the Regulatory Landscape: The Rise of Banking as a Service (BaaS)

USA TODAY

The Consumer Financial Protection Bureau is looking into the handling of Zelle transactions by big banks, according to a Wall Street Journal report.

Bank of America, Wells Fargo are under investigation for handling of customers funds on Zelle

Mississippi State

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contributor

Hinds County, MS

Mississippi News Group

A Mississippi Attorney has been charged with multiple Counts of introducing contraband into a Correctional Facility as well as consipiracy according to a press release from Hinds County Sheriff Tyree Jones.

Mississippi Attorney Charged with 3 Counts of Introducing Contraband into a Correctional Facility

Digital banking has been on the rise in recent years, and for good reason. Challenger banks like N26 and bunq have been shaking things up in the industry with their convenient features, low fees, and easy-to-use apps. Traditional banks, on the other hand, have been struggling to keep up with...

Digital Disruption: Comparing N26 and bunq’s Current Accounts

The recent failure of one of the top banks in the tech industry, Silicon Valley Bank, has led to concerns about a broader financial crisis that could have far-reaching consequences. The US Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) have taken extraordinary steps to prevent such a...

Silicon Valley Bank Depositors to Have Access to “All of Their Money” Following Government Intervention

Federal prosecutors have seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, primarily in the form of Robinhood shares owned by the FTX founder, according to a court filing revealed on Friday. John Ray, who replaced Bankman-Fried as CEO to guide FTX’s restructuring, is attempting to rescue...

Federal Prosecutors Seize $700 Million in Assets Connected to Sam Bankman-Fried

Georgia State

Appling County, GA

Daily Coffee Press

A 40-year-old man from Appling County, Christopher Eric Stone, with a significant criminal history, was recently sentenced to over five years in prison after pleading guilty to possession of methamphetamine with intent to distribute, according to officials from the Department of Justice.

Georgia Man Sentenced to Over 5 Years for in Federal Prison for Meth Distribution

Port Richey, FL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Akeena

Florida’s buffet lovers are in for a shocker as the popular Royal Sushi Buffet & Hibachi in Port Richey has been temporarily shut down following a state inspection. This isn’t the first time the eatery has faced such trouble, but the recent closure has sparked quite a buzz among its loyal patrons and food enthusiasts alike.

Live roaches, flying objects in the kitchen and soiled shelves- Buffet closed again in Florida

JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus customers. In a letter to the banking giant obtained by Fortune, Democratic Senators Elizabeth Warren and Chris Van Hollen blast the bank’s flirtations with fee hikes, including charges for basic checking accounts and services.

JPMorgan Chase’s Plan to Charge 80,000,000 Customers for Basic Checking Accounts and Services Is ‘Outrageous,’ Say US Senators in Blistering Response to Banking Giant

Denver, CO

David Heitz

The Denver City Council accepted Monday two grants totaling $24.5 million from the state of Colorado to pay for the homeless navigation campus it opened last year. One council member wants answers as to why wraparound services at the campus aren't up and running.

Denver homeless hotel wins $24.5 million grant, experiences wraparound services delay

London is a hotbed for fintech startups, and the three companies that come up most frequently in conversations are Monzo, Revolut, and Starling Bank. These companies are considered the most successful in the London fintech space, but which one is the best for aspiring fintech employees?. This article offers an...

Revolut, Monzo and Starling: Who will you be joining in 2023?

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3 billion in deposits. As...

Digital Banking: With $3.3B in Deposits, 8 Million Customers, Mexico Stands Out Among Nubank’s High Growth Markets

Reuters

(Reuters) - Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may attract anti-trust scrutiny.

Analysis-US regional bank deals rise as lenders aim to bolster balance sheets

Colorado State

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

New Jersey State

Collingswood, NJ

Morristown Minute

CAMDEN, N.J. – Ralston Boswell, 34, of Collingswood, New Jersey, has admitted to participating in schemes to fraudulently obtain Paycheck Protection Program (PPP) loans and unemployment insurance benefits. The announcement was made by U.S. Attorney Philip R. Sellinger.

Plea: Man's PPP & Unemployment Fraud - $209K Scam

NewsBreak

Unit21 Brings New ACH Fraud Prevention Measures to FIs, Payments Companies and Fintechs Using AI

Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of...

Unit21 Brings New ACH Fraud Prevention Measures to FIs, Payments Companies and Fintechs Using AI

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