Author: Kyle Burbank
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Discover Bank Debuts Balance+ Overdraft Feature for Debit Card
Discover Bank is rolling out a new feature that could help those customers living paycheck-to-paycheck. About Balance+: This week Discover announced Balance+ for its checking accounts. Using this option, Discover customers can overdraw their checking (via debit card purchase) by up to $200 without incurring fees. However, to qualify for this feature, accountholders must have…
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Aeroplan Offering Unique Credit Card Bonus for 40th Anniversary
In celebration of Aeroplan’s 40th anniversary, Chase and Air Canada are running a unique welcome offer for the Aeroplan Card. About the bonus: To start, the Aeroplan Card is currently offering a traditional (albeit elevated) welcome bonus. New cardholders can earn 70,000 bonus points after spending $3,000 on the card within their first three months.…
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Pinwheel Announces New Partnership with Narmi
Two FinTechs are teaming up to bring a useful feature to workers. About the partnership: This week, Pinwheel and Narmi announced their newly formed partnership. As a result of this deal, Narmi financial institution customers will have access to Pinwheel Prime and other solutions. One of the key features of Pinwheel Prime is direct deposit…
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Amex Announces Haneda Airport Centurion Lounge Location
American Express has revealed its next international Centurion Lounge location. About the Centurion Lounge at HND: The Centurion Lounge network is expanding, with Amex announcing that a new location at Tokyo’s Haneda Airport (HND) is set to debut in 2025. This new lounge will be found in Terminal 3 on the fourth floor. While Centurion…
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Are We Witnessing the End of the Neobank?
The first time I heard the term “FinTech” was in 2015. In the near-decade since, I’ve become a diligent observer of the industry and a sizable fan overall. Over the years, I’ve witnessed some startups rise to mainstream success while others go out nearly as quickly as they arrived. Similarly, I’ve watched as venture capital…
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California Personal Finance Education Bill Signed Into Law
The state of California will soon be rolling out a financial literacy course as part of its high school curriculum. About the bill: California Governor Gavin Newsom has signed Assembly Bill 2927 — better known as the Personal Finance Education bill — into law. This follows the bill’s passage in the state Senate and Assembly…
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Robinhood Acquires AI Investment Research Platform Pluto
The popular trading app Robinhood is joining the AI gold rush with its latest acquisition. About Pluto and the acquisition: In a blog post, Robinhood announced plans to purchase the AI-powered investment research tool Pluto Capital. With Pluto, investors can obtain customized strategies based on their goals. As a result of the acquisition, Pluto’s founder…
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Rainforest Announces $20 Million Funding Round
A payment provider built for software platforms has raised a sizeable Series A. About the round: Rainforest has announced that it has raised $20 million in new funding. The over-subscribed Series A was led by Matrix Partners with returning investors Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners also…
