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First Bankcard, Provident Bank Team For Commercial Payments

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First Bankcard , a division of First National Bank of Omaha , has formed a strategic partnership with Provident Bank , First Bankcard announced Wednesday (Jan. Provident Bank, a New Jersey-based financial institution (FI), will issue a comprehensive suite of commercial payment solutions in conjunction with First Bankcard.

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Businesses, Consumer Groups Push To Keep Cash Alive

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Preserving cash has proved popular among several states, including New Jersey and cities like New York, San Francisco and Philadelphia, which have all passed laws mandating that cash be accepted everywhere.

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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

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Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Judith Less, who runs a thrift shop in New Jersey, got $27,” the paper reported. Porter Capital Offers New Funding Tools To PPP Recipients.

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Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

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restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Similar worries extend to card-based payments, too, as the virus can remain active on plastic surfaces for up to three days. Approximately 30,000 U.S.

Payments 191
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Widespread Corporate Hacking Lands Two Russians In Prison

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Two Russian nationals have been handed prison sentences for their roles in hacking corporates and financial institutions (FIs) in the U.S., The two were part of a larger group that stole online credentials, personal information and credit and debit card numbers between 2005 and 2012. Bloomberg reported this week. entities.

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Santander Gets Hit With Fine Due To Overdraft Practices

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The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.

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ATMIA Weighs In On Cashless Retail Ban Debate

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As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. A similar ban has already passed in New Jersey and similar legislation has been backed by legislators in Philadelphia and signed into law this past week.

Retail 129