November, 2024

November, 2024

CFPB: Student Loan Servicers’ Autopay Errors ‘Completely Unacceptable’
The Consumer Financial Protection Bureau (CFPB) is seeing cases in which student loan servicers are withdrawing incorrect amounts from borrowers’ bank accounts and making other errors involving paym...

Santander Launches Openbank Digital Bank in Mexico
Santander’s fully digital bank, Openbank, launched in Mexico on Tuesday (Nov. 19). The Openbank Mexico website and app are now operating, promising a fully digital bank, no minimum balances, no fees...

Financial Institutions Face Surge in Check Fraud
Banks, credit unions and brokerages are reportedly racing to keep up with a surge in check fraud as tips for committing the crime are being shared on social media platforms. These scams take advantage...

High-Income Shoppers Load Up Their Grocery Carts at Walmart
During the latest conference call with analysts, Walmart’s management observed that that, in a quarter where same-store sales were up 5.3% in the United States, transaction counts and unit volumes w...

Report: Trump Advisory Commission Considers Free Tax-Filing App
Intuit and H&R Block saw their stocks drop 5% and 8%, respectively, on Tuesday (Nov. 19) after a media report that the incoming Trump administration is considering a free tax-filing app. The Washingto...

AI Tools Streamline Social Media and Small Business Tech
Tech companies are rolling out a wave of artificial intelligence (AI)-powered tools to streamline social media management and customer service, with TikTok’s Symphony Creative Studio and startups li...

European AI Search Engines Plan New Index With Merchant Rankings
Ecosia and Qwant have unveiled plans to create their own artificial intelligence (AI)-powered European search index, which could reshape online commerce by offering merchants an alternative to Google�...

FDIC Chairman Martin Gruenberg to Resign in January
Federal Deposit Insurance Corp. (FDIC) Chairman Martin Gruenberg will step down from that post and from his seat on the board of directors the day before the inauguration of President-elect Donald Tru...

Google’s Revamped Platform Brings AI Insights, Price Comparisons to In-Store and Online Retail
Google introduced new tools to elevate online and in-store shopping experiences through artificial intelligence-powered features in Google Lens, Google Maps and Google Pay. Following the launch of a r...

Strava closes the gates to sharing fitness data with other apps
Image: Strava Strava recently informed its users and partners that new terms for its API restrict the data that third-party apps can show, refrain from replicating Strava’s look, an...

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B&T Television

February