PYMNTS
JUNE 13, 2019
is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. Launch of the credit card comes after a successful test run in New York. This is the first time consumers in the United States can use a credit card to buy cannabis, the company said.
PYMNTS
JUNE 13, 2018
Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.
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PYMNTS
JULY 17, 2018
credit card operations. housing market during the last recession. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. credit card business. billion of deposits to its Delaware operation. Many European banks have to tried to expand into the U.S.,
PYMNTS
NOVEMBER 26, 2019
Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. On Monday (Nov. 26), a notification was sent to some customers saying “a trial deposit has been successfully made to your Amazon credit builder.”
PYMNTS
JULY 15, 2016
According to the CFPB, the telemarketing vendor Santander contracted with deceptively marketed the overdraft service to consumers and signed them up without getting their consent. Customers were charged $35 per overdraft.
PYMNTS
JULY 12, 2018
The government of India is not looking to ban crypto assets, despite recent central bank policy that has told banks to not service accounts of coin market operators, Cryptovest reported. Those who are attending a tech conference in Hong Kong will receive the cards at no charge. On another note, a $1.75 as well as the U.K.
CFPB Monitor
JULY 28, 2016
CFPB has issued its July 2016 complaint report which highlights complaints about credit cards and complaints from consumers in Washington and the Seattle metro area. The CFPB began taking credit card complaints on July 21, 2011, the day on which the CFPB officially opened its doors for business. 31, and 30 percent.
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