PYMNTS

Banking Circle and Skydo have partnered to provide payment solutions for Indian businesses that operate in international markets. This collaboration will enable the small and medium-sized businesses (SMBs) using Skydo’s cross-border payments platform to offer their buyers in the United Kingdom and the European Union a broader range of local payment options, the companies said in a Thursday (Aug. 22) press release.

Banking Circle and Skydo Partner on Cross-Border Payment Solutions

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems. As real-time fund flows gain ground, the Fed’s 2023 missive detailed progress and positive returns on Fedwire, which previously was in the red, and gave a cumulative cost breakdown of the still nascent FedNow® Service, with an estimate of when that system will be, effectively, in the black.

Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line

The Swiss National Bank and SIX Interbank Clearing have launched a new instant payments solution in Switzerland. This solution enables 60 financial institutions to receive and process instant payments as of Tuesday (Aug. 20), the Swiss National Bank said in a Wednesday (Aug. 21) press release. The new instant payments...

Swiss National Bank and SIX Launch New Instant Payments Solution

Trustly and food delivery service foodora have teamed up to allow foodora’s customers to pay directly from their bank account, with no need for a credit or debit card. This new open banking payments solution will be launched in Finland and then expanded to Norway, Sweden, the Czech Republic and Austria, the companies said in a Tuesday (Aug. 20) press release.

Foodora to Offer Pay by Bank Option Powered by Trustly

Affinity Plus Credit Union has unveiled a new real-time payments service for its members, giving them instant access to their funds. Through the FedNow® Service and RTP® Network, the credit union will enable its members to securely receive instant payments from financial institutions and service providers across the U.S., Affinity Plus said in a Thursday (Aug. 22) news release. The new offering will benefit all members, the credit union said, particularly small business owners and gig workers.

Affinity Plus CU Launches Real-Time Payments Service

The US Sun

AMERICANS have the opportunity to claim a one-time payment from a billion-dollar class action settlement. Visa and Mastercard agreed pay $5.6 billion after consumers paid excessive fees to accept their payment cards. The lawsuit alleged that Visa and Mastercard violated the antitrust laws. Antitrust laws also referred to as competition laws, are statutes developed by […]

Americans to receive one-time payment from $5.6 billion Visa Mastercard settlement – and the deadline has been extended

A new survey says renters want flexible monthly payment plans, loyalty programs and help with the stress of moving. The RealPage survey of more than 2,000 renters showed:. 98% of renters want a loyalty program for paying rent. 93% of renters are interested in flexible rent payments. 97% of renters...

Renters Want Flexible Payments And Loyalty Programs

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

When it comes to B2B accounts payable and accounts receivable processes, AR is often viewed as the laggard in the finance automation race. “It’s sad to say but I’ve been in this industry for almost 30 years and almost 40% of collections that our suppliers who are customers have to manage are still in paper form,” Alberto Casas, head of product for U.S. Bank Global Treasury Management, said in a recent interview.

US Bank doubles down on AR with Billtrust

Oklahoma State

While inflation has slowed, its grip hasn’t completely loosened on those most affected by its impact. Nearly 70% of Native Americans report significant financial struggles as a result of inflation, the highest of any other demographic. Prices have yet to come down, squeezing budgets for American businesses and consumers...

The 2% credit card swipe fee charged to merchants adds up

Your article was successfully shared with the contacts you provided. Edward Jones and U.S. Bank are partnering to offer co-branded checking accounts and an enhanced credit card offering to Edward Jones’ clients in the U.S. U.S. Bank will issue, service and operate these new products, according to the announcement.

Edward Jones Taps U.S. Bank for Client Checking and Credit Services

South Carolina State

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Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope for Friday, August 23rd

Residents of a south Devon town will be able to access cash banking five days a week when a new permanent hub opens later this year. The banking hub in Teignmouth will mean customers of nine high street banks can carry out cash transactions between 09:00 and 17:00 on weekdays.

Permanent cash banking hub to be installed in town

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

SEPHORA customers can claim one-time cash payments of up to $500 from a skincare settlement. A premium skincare brand agreed to pay $9.2 million to resolve claims that it misled customers with its labeling. Dr. Dennis Gross Skincare is a luxury skincare company founded by dermatologist and researcher Dr. Dennis Gross. The brand’s range of products […]

Sephora shoppers can claim $500 payment from $9.2 million skincare settlement after ‘misleading customers’ on effects

Consumer payment preferences are rapidly diversifying, the cost to process payments continues to rise, and the strain on merchant development teams is ever increasing. Open payments platforms can help firms process payments seamlessly and with minimal investment. Open payments platforms are fast becoming a necessity for merchant aggregators as customer...

Open for Business: Unlocking the Power of Open Payments

Florida State

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Lake Panasoffkee, FL

Akeena

Catfish Johnny’s, a beloved seafood restaurant known for its fresh catches and lively atmosphere, faced a temporary shutdown following a state inspection. This popular dining destination, which has delighted locals and tourists alike for 33 years, was briefly closed after the Florida Department of Business and Professional Regulation (DBPR) flagged multiple violations.

Florida’s Favorite Seafood Spot Closed After State Inspection

LTK has added new customization features and access to weekly payouts to its Creator Commerce platform. The new customization features allow the users of LTK DM, the platform’s automatic direct message tool for LTK Creators, to personalize up to 10 trigger words per Instagram post along with the direct messages the members of their community receive, LTK said in a Tuesday (Aug. 20) press release.

LTK Adds New Customization Features to Automatic Direct Message Tool

Thousands of additional brands that use Shopify can now make their products available for creators to tag in shopping-related videos on YouTube. YouTube and Shopify have expanded their partnership to allow all eligible Shopify Plus and Advanced merchants in the United States to sign up for YouTube Shopping’s affiliate program through the Google & YouTube app on Shopify, YouTube said in a Tuesday (Aug. 20) blog post.

Shopify and YouTube Expand Video Offering to More Merchants

NewsBreak

BNY and CBA Launch Cross-Border Payments Partnership

BNY and Commonwealth Bank of Australia (CBA) launched a cross-border payments partnership. The collaboration lets businesses and individuals who receive international payments from BNY customers get...

BNY and CBA Launch Cross-Border Payments Partnership

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