Citibank to repay $3.3m to credit card clients in Australia
Citibank will refund $3.3m to nearly 39,500 current and former credit card customers whose credit card accounts were closed with an outstanding credit balance. The bank…
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Shruti T
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SECB selects Earthport to support it cross-border payment business
Swiss Euro Clearing Bank (SECB), a euro payment clearing hub for Swiss banks, has selected British payments firm Earthport…
ByHDFC Bank introduces EMI option on debit cards
India-based private sector lender HDFC Bank has launched EasyEMI on debit cards which will enable its customers to make…
ByNACHA debuts Same Day ACH for faster debit payments
NACHA—The Electronic Payments Association, has launched Same Day ACH, an alternative option for faster debit payments. The newly introduced…
ByJPMorgan boss Jamie Dimon calls bitcoin ‘a fraud’
Speaking at a bank investor conference in New York, JPMorgan CEO Jamie Dimon called bitcoin a ‘fraud’, which will…
ByFiserv rolls out Instant Issue Advantage wireless tablet solution
Fiserv, a provider of financial services technology solutions, has unveiled Instant Issue Advantage wireless tablet solution that issues activated…
ByPayPal to acquire online lending firm Swift Financial
Payments giant PayPal has agreed to acquire Swift Financial, a US-based provider of working capital to small businesses, for…
ByChina creates new clearing house to regulate online payment businesses
The People’s Bank of China (PBoC) has created a centralised online clearing platform for the country’s third-party payment market.…
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