PYMNTS

Within an open banking environment, advances like pay by bank are transforming money movement. At its core, pay by bank allows consumers to make payments directly from their bank accounts, bypassing traditional intermediaries such as credit card networks, Trustly Chief Revenue Officer Frederick Crosby told PYMNTS. The process could transform the payment landscape by reducing friction for consumers and merchants.

Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting Consumer Preferences

Visa has launched a cross-border business payments partnership with London-based FinTech Revolut. The collaboration, announced Tuesday (Aug. 27), allows instant card transfers for Revolut’s business customers via the Visa Direct system. “International transfers for businesses have traditionally come with a list of requirements that can differ per country, from...

Visa and Revolut Form Cross-Border Business Payments Pact

Cribl has raised $319 million in a Series E funding round to help enterprises “unlock the value” of their IT and security data. The round was led by GV (Google Ventures) and valued Cribl at $3.5 billion, which is 40% higher than its Series D round in 2022, Cribl said in a Wednesday (Aug. 28) blog post.

Google Ventures-Backed Cribl Raises $319 Million for ‘Modern Data Platform’

Download the Data Brief Increasing Enthusiasm: The Effects of Purchasing Bank-Provided Insurance. PYMNTS Intelligence’s data makes it clear enthusiasm for financial institutions (FIs) as insurance providers is growing. In fact, three-quarters of consumers who have already purchased bank-provided coverage want to buy more. Moreover, these consumers indicate a steadily growing interest.

Can Banks Crack the Insurance Code? Customers Are Ready

Fiserv clients will be able to more easily enable PayPal, Venmo and related services, and accelerate guest checkout flows in the U.S. via a simple connection point to Fastlane by PayPal. These enhancements are enabled by an expansion of the global strategic partnership of Fiserv and PayPal, the companies said...

Fiserv to Facilitate Merchant Access to PayPal, Venmo and Fastlane

The US Sun

THE deadline is looming to apply for a chunk of a multi-billion dollar settlement. Visa and Mastercard users could be eligible for a one-time payment due to claims that the organizations violated antitrust laws. Such laws are in place to ensure consumers and businesses have a right to a competitive industry, rather than the dominance […]

Americans have just weeks to cash in on $5.6bn Visa Mastercard settlement – but don’t worry if you didn’t receive form

COSTCO shoppers who bought certain cans of tuna may be entitled to free money from a settlement. The $3.875 million settlement came after a class action lawsuit was filed against two canned tuna companies but eligible recipients must look for a postcard in the mail. StarKist and Lion Capital were...

Costco shoppers can get money back from $3.875 million overcharge settlement – but you need to look for a postcard

You may be eligible for a $2,500 cash settlement payout, if in the last six years you've used the Cash App mobile payment service to send or receive money. A proposed class action lawsuit settlement for $15 million claims Cash App and its parent company, Block, failed to take proper care to prevent unauthorized access to user accounts.

Cash App Customers Can Claim a $2,500 Payout. How to Submit a Settlement Claim

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. Compared to credit cards, debit...

5 Places You Should Never Use a Debit Card

Wisconsin State

AMERICANS can get payments from a major interest rate settlement. Big Picture Loans, a private money lender, is paying out big bucks after allegations it charged excessive interest rates. The company is known for offering thousands in loans to people with bad credit and then charging high interest rates. Those high rates can make the […]

Americans can claim one-time payment from $65 million interest rate settlement – but it depends on which state you live

LENSCRAFTERS agreed to a $39 million settlement to resolve a class action lawsuit regarding deceptive advertising. The settlement offers direct payments to consumers who claimed they fell victim to false advertising. The lawsuit claimed that LensCrafters made misleading statements about the AccuFit Digital System. LensCrafters said its system was accurate...

LensCrafters is giving customers one-time payments from $39 million settlement – but three criteria must be met

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

New Jersey State

For August, people who are qualified in 33 states, territories, and the District of Columbia will start getting their Supplemental Nutrition Assistance Program (SNAP) benefits this week. These benefits are very important for low-income and no-income families who need help paying for food, whether they are buying food for themselves or their whole family.

New SNAP Benefits Announced for August $1,751 Payments Set for These States

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NewsNinja

‘This is a game changer.’ Ordering off the kid’s menu comes with a certain set of expectations. Small portions, lower prices—possibly an age restriction—but generally, nothing too off-base as far as ordering food.

‘For $6, who cares?’: Applebee’s customer shocked after ordering both adult and kids’ cheeseburgers

The Boot

It's called proof of funds and it's pretty self-explanatory. You need to show, usually with a bank statement, that you have plenty of money to cover costs in the country you're entering from the United States. According to the website Nairaland, you must show this proof when you're applying for...

Proof of $2,000 in the Bank Now Required to Travel to These Countries

Scripps News

After Cash App was accused of failing to "implement appropriate controls to prevent unauthorized access" to their accounts, users are now eligible for up to a $2,500 per person settlement.

Cash App users could claim up to $2,500 as part of major settlement

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. Card issuers consider many financial...

Here's Why Your Credit Card Application Can Be Denied Even With an 800 Credit Score

Beyond the balance sheet, loyalty is the primary currency restaurant and hospitality operators survive on. But it’s not just the loyalty of their customers that keeps restaurants in business — it is the loyalty and dependability of their workers, which is undergoing a transformation as innovations like instant digital payouts help address long-standing challenges within the industry such as income stability, worker churn, and employee satisfaction.

Instant Tip Payouts Give Restaurants Better Ways to Pay Workers and Ditch Cash

JPMorgan Chase, the nation’s largest credit card issuer, will bar customers from using its credit cards to repay increasingly popular “buy now, pay later” installment loans. Chase said in an emailed statement that buy now, pay later installment loans “are a form of credit” and that the...

Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans

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

NewsBreak

Small Businesses Embrace Instant Payments: Benefits Beyond Speed

Download the Data Brief Small Business Real-Time Payments Barometer. Small and medium-sized businesses (SMBs) across sectors are widely using instant payments. For many, they have become...

Small Businesses Embrace Instant Payments: Benefits Beyond Speed

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