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Open Banking Platfom Tink Acquires Eurobits

PYMNTS

Other listed companies that will now be connected with Tink include the National Bank of Greece, France’s La Banque Postale and Telefonica. Eurobits, founded in 2004 with headquarters in Madrid, works in connectivity and has operated with many banks and institutions in the past.

America 241
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Banks and CDFIs: Partnering for community impact

Abrigo

Terms range broadly based on the interests of the bank and the activities and needs of the CDFI—from short term operating lines of credit to long term loans that support a CDFI’s lending to affordable housing and community facilities developers, for example. Department of the Treasury both maintain lists of CDFIs by geography.

Community 246
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Washington State AG Sues Debt Buyers for Operating Without a License

CFPB Monitor

On September 21, 2018, the Attorney General for the State of Washington filed a lawsuit (see complaint ) against several companies engaged in purchasing charged-off consumer debts, for operating as “collection agencies” without a license, in violation of the Washington Collection Agency Act (WCAA).

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Grubhub Offers Eateries $30M In Promo Support During COVID-19

PYMNTS

Grubhub is donating its services to oversee the ordering and delivery operation. asking them to support a $325 billion aid package that had been recommended by the National Restaurant Association earlier in March. Grubhub was founded by Maloney, Jason Finger and Mike Evans in 2004 and filed an initial public offering in 2014.

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PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact

PYMNTS

The Philippines’ Department of Health confirmed that a 44-year-old Chinese national from Wuhan in the country’s Hubei province traveled to the Philippines and died in that country over the weekend, according to Reuters on Sunday (Feb. So far, in China, 304 people have died from illnesses related to coronavirus.

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South Korean Starbucks Accepts Alipay For Tourists

PYMNTS

Owned and operated by Ant Financial Services Group, Alipay is the world’s largest online and mobile payment platform. Launched in 2004, Alipay currently boasts more than 520 million active registered users. Alipay launched in Israel just last month, making it the first nation in the Middle East to support the payment method.

Mobile 101
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Managing Time Deposits – How To Use “Specials” And Odd-Month CDs

South State Correspondent

Today’s Confusion When Managing Time Deposits Somewhere around 2004, we lost track of history and bankers started to mix concepts forgetting the purpose of both specials and odd-month CDs. Do you really want to take all that cognitive and operational time for one of the least profitable products in banking?