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Marqeta rolls out instant card-tokenization service

Payments Source

The Oakland, Calif.-based based startup’s Marqeta Tokenization-as-a-Service enables banks or fintechs to instantly add credit, debit or prepaid cards to a digital wallet by directly managing tokens instead of going through a third party, Marqeta announced on Tuesday.

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Marqeta acquires Power Finance for $275M

BankInovation

Payments fintech Marqeta announced today it will acquire credit card management platform Power Finance in an all-cash transaction to help supplement its credit offerings. The Oakland, Calif.-based based fintech (NASDAQ: […]

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Clothing Reseller ThredUp Files For IPO

PYMNTS

The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Bloomberg reports.

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Beneficial State Bank’s financial activism

Independent Banker

Location: Oakland, Calif. billion-asset community bank in Oakland, Calif., In March 2020, workers at Oakland, Calif.-based Name: Beneficial State Bank. Assets: $1.5 The team at Beneficial State Bank believes that banking has the power to bring about radical change. wears this mission proudly. They unionized.

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Coronavirus Puts B2B Payment Timing In A Tailspin

PYMNTS

2/7 Net 14 is a favorable payment strategy for B2B supplier struggling with late payments , according to accounts receivable (AR) management solution provider Collect911. million is being sought by one supplier of furniture retailer Loves Furniture & Mattresses , The Oakland Press reported. as part of consolidation efforts.

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U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

FICO

Senior Director, Product Management. In Oakland, one convenience store customer recently found a card skimmer. This card skimmer, found in an Oakland convenience store, has a recorder that is able to steal personal information found in a card's magnetic strip or chip. Darcy Sullivan. Tue, 11/10/2020 - 12:17. by Debbie Cobb.

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Leveraged and inverse ETFs – the exotic side of exchange-traded funds

BankUnderground

Julian Oakland Exchange-traded funds (ETFs) are supposed to be simple and straightforward, and for the most part they are, but one group punches well above its weight when it comes to market impact. However, as time passed, the ETF universe grew to include actively managed products, including rule-based trading strategies like L&I ETFs.

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