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Ex-Bank of America employees allege ‘extreme pressure' to sell credit cards

Payments Source

Even as the bank’s sales practices faced intense government scrutiny following the Wells Fargo scandal, senior leaders in Oregon were fostering a culture that valued credit-card sales above all else, according to several former employees.

Oregon 107
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Ex-Bank of America employees allege ‘extreme pressure' to sell credit cards

American Banker

Even as the bank’s sales practices faced intense government scrutiny following the Wells Fargo scandal, senior leaders in Oregon were fostering a culture that valued credit-card sales above all else, according to several former employees.

Oregon 78
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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others. A value card gives VIP guests immediate access to winnings.

Oregon 232
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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). But not until $1 trillion went from banking to money markets. And, according to some EDP students that are lenders, are turning to the shadow banking market that do not have deposit demands.

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Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

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.”

Data 130
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Legal Cannabis Retail Innovates Its Way Around Payments Knot

PYMNTS

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. Credit card statements will show that a purchase was made at the “Midgrun Eats LLC food truck, not at the Blüm Marijuana Dispensary ,” the Reno Gazette-Journal reports.

Retail 121
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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

In Oregon, Mastercard is working with a department of revenue officials to improve their direct deposit architecture, while in Idaho the desired improvement is a wider project that would tie tax, healthcare and other types of public disbursements into an online platform. transit markets. But if you think about the U.S.

Payments 188