Author: Kyle Burbank
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CFPB Fines Apple and Goldman Sachs Combined $89.8 Million
The Consumer Financial Protection Bureau (CFPB) is taking action against both Apple and Goldman Sachs regarding failures related to the Apple Card. About the order: The CFPB has ordered Apple and Goldman Sachs to pay a combined $89.8 million due to customer service issues and other alleged missteps with the Apple Card. These fines include…
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Rate Introduces AI-Powered “Rate Intelligence” Platform
The mortgage service Rate has announced its latest FinTech feature: Rate Intelligence. About Rate Intelligence: This week, Rate formally announced its Rate Intelligence platform. The new tool is the result of the company’s partnerships with Gateless and Prajna. Additionally, Rate says it invested more than $100 million on the project between technical developments and the…
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Commerce Bank: My Latest Banking Bonus Success Story
Apparently, when you move into a new house, you get a lot of random mail. A lot of this is absolute spam — yet some of it can be quite lucrative. For example, we received plenty of coupons for various retailers or services in our area. However, one mailing in particular managed to get my attention:…
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Survey: 85% Review Card Statements for Unauthorized Charges
With the holiday shopping season approaching, a new survey asked consumers about their online shopping and digital security habits. About the survey findings: According to a new survey conducted by CardRates, several online shoppers are making security a priority as we head into the holiday retail season. Although 72% of respondents say that shopping online…
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Security Deposit Solution FinTech Obligo Raises $35 Million
A FinTech that offers tools for landlords and renters has announced its latest funding. About the round: This week, Obligo announced a new $35 million in funding. The Series C was led by True Global Ventures and 83North while a mix of equity and debt investors also participated in the round. This list includes 10D, Entrée…
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Apple Celebrates 10 Years of Apple Pay, Announces New Features
In honor of Apple Pay’s 10th anniversary, Apple has teased some upcoming additions to the popular service. About Apple Pay’s incoming features: It’s now been 10 years since Apple first introduced its mobile wallet solution, Apple Pay. Since then, the offering has grown to 78 markets, 11,000 bank and network partners, and “hundreds of millions…
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Robinhood Unveils Futures Trading, Desktop Platform, and More
The popular trading app Robinhood kicked off its first-ever HOOD Summit by announcing a number of new features for the platform. About the HOOD Summit and HOOD Week announcements: During a keynote at the HOOD Summit held in Miami, Robinhood chairman and CEO Vlad Tenev revealed some of the ways that the service is expanding.…
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Navy Federal Credit Union Launches cashRewards Plus Card
Navy Federal is adding an enhanced rewards card to its line-up along with a special bonus. About the cashRewards Plus Card: Now, Navy Federal Credit Union customers can earn more cashback thanks to the introduction of the cashRewards Plus Card. This new option joins the existing cashRewards Card and earns 2% back on all purchases.…
