Author: Kyle Burbank
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CFPB Drops Suits Against Capital One, Solo Funds
With major changes underway at the U.S. Consumer Financial Protection Bureau (CFPB), the agency has now dropped several cases it had in the works. What’s happening: Several cases filed by the CFPB against banks, lenders, and FinTechs in recent months are now being withdrawn. This comes as acting CFPB Director Russell Vought in conjunction with the Department…
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All Nippon Airways Introduces ANA Card U.S.A. Plus
ANA has unveiled an updated version of its ANA Card U.S.A. credit card, including giving the product a new name. About the ANA Card U.S.A. Plus: As of February 25th, the new ANA Card U.S.A. Plus is now available. The updated card earns 2x miles on eligible ANA purchases, including airfare. All other purchases earn…
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Bilt to Feature Hilton Transfer Bonus for March 2025 Rent Day
Bilt Rewards has announced its Rent Day deals for March 2025 — including a transfer bonus for Hilton. About the Hilton Honors Transfer Bonus: On March 1st, Bilt members can claim a special bonus when transferring Bilt Points to Hilton Honors. For Blue members (the base status), a 150% bonus will be offered. That deal…
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SEC Announces End to Robinhood Crypto Probe
The Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood’s crypto business and will not be suing the FinTech. About the announcement: In a blog post on its website, Robinhood revealed that it had been informed by the SEC’s Enforcement Division that an investigation into the company’s cryptocurrency operation had concluded. Furthermore, following…
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Chase Freedom Surprise Category Revealed, Starts March 1
As Chase celebrates the 15th anniversary of its Freedom cards, the bank is adding a surprise fifth category to its first quarter 5% bonus line-up. About the surprise category: Chase Freedom/Freedom Flex cardholders can earn up to 5% back on yet another category before the end of Q1. Starting March 1st, Tax Preparation and Insurance…
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Report: Varo Bank Raises $29 Million Series G, Replaces CEO
According to reports, Varo Bank has not only raised a new round of funding but has also named a new Chief Executive Officer. What’s happening at Varo: As TechCrunch reports, per an SEC filing, Varo has raised a $29 million Series G. However, the FinTech bank had apparently been seeking $55 million in funding. Moreover,…
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Capital One and Discover Shareholders Approve Acquisition Deal
One year (nearly to the day) after Capital One’s plans to purchase Discover Financial were announced, shareholders for both companies have given the transaction the green light. About the vote and acquisition: In a Special Meeting of Stockholders held on February 18th, the proposed transaction that will see Capital One acquiring Discover was approved. More than…
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Southwest Announces Latest Companion Pass Flash Promotion
For a limited time, Southwest fliers can score a promotional Companion Pass, good for use later this year. About the offer: Southwest Airlines is bringing back its popular Companion Pass flash offer. First, customers can register for this promotion and must book a flight (one round-trip or two one-way) on the airline between now and…
