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Month: February 2020

Intuit to Rule Personal Finance Services

February 28, 2020 Bankcenter Staff 171 Comments

Intuit, of TurboTax, QuickBooks and Mint fame, has agreed to acquire Credit Karma, the consumer technology platform with more than 100 million members in…

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Posted in: Acquisitions, Apps, BANKING, Consumer Credit, Debt, Taxes

Wells Fargo Repents to Avoid Jail with Reforms & Refunds

Bankcenter Staff 75 Comments

Wells Fargo & Company has entered into agreements with the United States Department of Justice (DOJ) and the United States…

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Posted in: CONSUMER, Fraud, Litigation, Scams, Wells Fargo

Priceless Leap Year to Stand Up to Cancer

February 26, 2020 Bankcenter Staff 69 Comments

Leap Day may exist to ensure that the calendar stays in line with the Earth’s movement around the Sun, but…

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Posted in: Charity, CONSUMER, Mastercard, Partnerships

American Express Claims 10MM U.S. Merchant Locations

February 24, 2020 Bankcenter Staff 9 Comments

After launching a major campaign in 2019 to increase merchant acceptance, American Express claims 99% of credit-card accepting merchants in…

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Posted in: American Express, Merchant Networks, PAYMENTS

American Express is Pretty Good Place to Work

February 21, 2020 Bankcenter Staff 9 Comments

American Express has been ranked ninth on the 2020 Fortune 100 Best Companies to Work For® list in the U.S., a recognition…

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Posted in: American Express, BANKING, Employment

Office Depot PC Virus Scan Scam Refunds Mailed

Bankcenter Staff

The Federal Trade Commission is sending refund checks totaling more than $34 million to consumers who allegedly were tricked by…

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Posted in: CONSUMER, FTC, Scams, Security, Technology

Ally Bank Gobbles Up Sub-Prime Specialist

February 19, 2020 Bankcenter Staff

Ally Financial has entered into a definitive agreement to acquire CardWorks in a transaction valued at approximately $2.65 billion. Cardworks is…

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Posted in: Acquisitions, BANKING, Credit Cards, Sub-Prime

Asking for Money While Kissing – a Big Red Flag

Bankcenter Staff

Romance scammers prey on consumers who are looking for love, converting what feels like a budding relationship into an ask…

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Posted in: CONSUMER, Fraud, FTC, Scams, Seniors

Exclusive American Express Custom Blue Sneakers

February 14, 2020 Bankcenter Staff

In celebration of NBA All-Star 2020, American Express teamed up with Chicago designer, Don C, to launch the limited-edition “Nike…

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Posted in: American Express, CONSUMER, Perks

Small Business Owners are Pessimistically Optimistic

Bankcenter Staff

Small business owner optimism softened a bit for their businesses and future expectations in the latest Wells Fargo/Gallup Small Business Index.…

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Posted in: BANKING, Economy, Small Business, Wells Fargo

Championing Women in Payments, Fintech, Banking

February 12, 2020 Bankcenter Staff

Women in Payments recognized exceptionally talented leaders and rising stars in the payments industry at the annual Women in Payments…

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Posted in: BANKING, Fintech, PAYMENTS, Visa

Americans: Bigger Refunds Not Bigger Paychecks

February 7, 2020 Bankcenter Staff

Americans like giving Uncle Sam an interest-free loan, according to a new survey from Kiplinger’s Personal Finance magazine and Barclays US Consumer…

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Posted in: CONSUMER, Savings, Spending, Taxes

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