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The payments were made over a three-year period beginning in 2020, and were not listed in some filings with the Securities and Exchange Commission. As a result, the company agreed to pay a fine under a settlement last week.
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The card network entered the agreement to settle a proposed class action that alleged it discriminated against Black, Hispanic and female employees by underpaying them.
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Illinois regulators closed Pulaski Savings Bank of Chicago and appointed the FDIC as receiver. Millennium Bank of Des Plaines, Illinois, agreed to assume all deposits and most of its assets. The post Pulaski Savings Bank closed in Chicago appeared first on ABA Banking Journal.
Illinois regulators closed Pulaski Savings Bank of Chicago and appointed the FDIC as receiver. Millennium Bank of Des Plaines, Illinois, agreed to assume all deposits and most of its assets. The post Pulaski Savings Bank closed in Chicago appeared first on ABA Banking Journal.
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Calls for central bank to reduce unfair costs for consumers and stop businesses being gouged Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Six Labor MPs are urging the Reserve Bank to ban all surcharges for every debit transaction and dramatically reduce merchant fees for businesses, asking the central bank to go further than the governments pledge to stop surcharges only on card payments.
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Investment bank beats Wall Street expectations as it reports earning $11.95 per share in fourth quarter Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading. The investment banks shares rose 2.6% before the bell on Wednesday as it earned $11.95 per share in the fourth quarter, compared with $8.22 expected by analysts, according to estimates compiled
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Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.
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