Author: Fioney Staff
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Citi Becomes Latest Bank to Drop Overdraft Fees
One of the most oft-cited complaints about major banks can be boiled down to two words: overdraft fees. Famously, these penalities of $35 or more would be applied to consumers who overdrew their checking accounts by even $1 or less. Furthermore, regulators and customers have accused some banks of deliberately re-ordering transactions in order to…
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Capital One Introducing Capital One Dining Platform for Cardholders
Consumers carrying such cards as the Venture, Quicksilver, or others will soon see another perk added to their benefits. This week, the company announced the impending launch of Capital One Dining. Not only will the new booking platform allow cardholders to make reservations at top eateries but will also feature exclusive culinary experiences and events.…
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Neon Introduces NFT Vending Machine in New York City
Love them or hate them, NFTs (non-fungible tokens) have exploded over the past year. However, despite the growing popularity, navigating the purchasing process remains a mystery for many — especially those not well-versed in cryptocurrency. Thus, Neon has unveiled a new solution it believes will help revolutionize the industry: an NFT vending machine. This week,…
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SoFi Announces Planned Acquisition of Technisys
What’s already proven to be a big year for SoFi continued today as the FinTech announced its latest acquisition. This morning, the company announced that it had entered into a definitive merger agreement with Technisys. The all-stock deal is valued at approximately $1.1 billion. Currently, the transaction is expected to close by the second quarter of…
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Real Estate Crowdfunding Platform Groundfloor Raises $18 Million
A peer-to-peer real estate loan investment platform has just raised a significant amount of money to fuel its growth. Groundfloor has announced an $18 million mixed funding round. This figure actually includes three separate elements. First, the platform raised $5.8 million in equity from Medipower. Additionally, $7.2 million was raised via an equity crowdfunding campaign on SeedInvest,…
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Southwest Brings Back Companion Pass Offer to Co-Branded Credit Cards
For domestic flyers, one of the best deals in travel has long been the Southwest Companion Pass. With a Companion Pass, flyers can choose a person that gets to travel with them for free on each flight they take (paying only the taxes and fees for their companion’s ticket). Unfortunately, earning a Companion Pass typically…
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Klarna Opens Waiting List for Klarna Card to U.S. Customers
Over the past few years, “buy now, pay later” (BNPL) services have gained popularity as an alternative to credit cards. Yet, one BNPL FinTech is set to launch its own credit card. Klarna has announced the impending arrival of the Klarna Card in the United States from issuer WebBank. When cardholders use the Klana Card,…
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Corpay One Introduces Corpay Mastercard With Bill Pay Capabilities
For businesses, managing cash flow and keeping up with expenses is key. That’s where Corpay One comes in. Corpay is a platform that helps small businesses and self-employed individuals keep track of their expenses and pay their bills. When vendors send invoices to a user’s Corpay One email address, the details will display in the…
