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PRnewswire | May 16, 2023
Jack Henry announced today that it is operationally ready to support the launch of the Federal Reserve's real-time payments network, the FedNowSM Service. Jack Henry has actively participated in the development of the newest network, expected to launch in July 2023. More than 20 Jack Henry clients will participate in the supporting pilot and early adopter program. FedNow is an instant payments network that moves funds directly and immediately between financial institution ac...
SoFi | May 28, 2020
To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. The technology company said the account is secure and offers rewards for those who save, with “higher interest relative to the national average of transactional accounts.” Users can decide to open an individual or joint cash management account with Samsung Money by SoFi. Additionally, users can receive an in-network aut...
americanbanker | March 04, 2020
The last year has been rather tumultuous for Alliance Data Systems, the Columbus, Ohio-based credit card issuer that specializes in the mall-based retail sector. Two large retail partners, Forever 21 and Pier 1 Imports, have declared bankruptcy, and a third affiliate, Victoria’s Secret, has been closing stores amid changing shopping trends. Alliance Data is also facing pressure from shareholders to reduce its heavy debt load. The company has had three different CEOs since June. Its stock p...
PRnewswire | August 04, 2023
Following the in-principle approval earlier this year, Tazapay Pte. Ltd. ("Tazapay") a leading fintech company specialising in cross-border payments, is delighted to announce the attainment of a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS). The approval from MAS further underpins Tazapay's commitment to robust regulatory compliance and operational excellence. Singapore, known as a hub for international trade and commerce, o...
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