BOSTON–New data released as part of Alignable’s August State Of Small Business Report reveals growing worries among small businesses about the Delta variant of the coronavirus, increasing inflation stress, and an escalating labor shortage in many industries.
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COLUMBUS, Ohio–The Ohio Credit Union Foundation said it is hosting a virtual birthday celebration for the “mother of credit unions,” Louise McCarren Herring on Sept. 20.
NEW YORK—American Express has added “welcome bonuses” for two of its small business credit cards that previously did not offer signup perks.
WASHINGTON–The Federal Deposit Insurance Corporation (FDIC) today announced a new tech sprint designed to determine how well community banks, and the banking sector as a whole, can withstand a major disruption of any type.
WASHINGTON—The Federal Trade Commission has filed an administrative complaint against FleetCor and its CEO, Ronald Clarke, for charging customers hundreds of millions of dollars in “mystery fees” associated with fuel cards.
NEW YORK—Buy now, pay later (BNPL) options are becoming increasingly popular, but analysts are warning of default risks given the lack of credit checks and “opaque” debt reporting.
SAN FRANCISCO—Visa has inked three partnership deals for crypto service providers Tala, FTX, and CoinZoom to offer its cards.
EDWARDSVILLE, Ill.—The $1.6-billion Scott Credit Union here has agreed to purchase $93-million Tempo Bank, based in Trenton, Ill.
ORLANDO, Fla.—FAIRWINDS Credit Union said it is acquiring the $489-million Citizens Bank of Florida, based in Oviedo.
WASHINGTON—U.S. Senators Richard Blumenthal (D-CT), Marsha Blackburn (R-TN), and Amy Klobuchar (D-MN) have introduced legislation that would set rules governing app stores and allow developers to use third-party payments services and stores.