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A fraudulent credit card charge need not leave the customer liable for the loss. In Rakesh Kumar v. SBI Cards & Payment Services, the Delhi North District Consumer Commission held SBI Cards & Payment Services guilty of deficiency in service. Kumar’s card incurred two unauthorised charges totalling ₹15,000 on May 23, 2024, while he tried…
The actress and entrepreneur is reportedly reclaiming her business at a fraction of the price she sold it for.
Economic growth requires a balance between taxation and sovereign debt. Borrowing costs and debt financing took center stage as the G-24 addressed reporters during the IMF and World Bank annual meetings in Bangkok. Global conflicts, shifting trade policies, volatile commodity prices, and frequent climate shocks have created significant headwinds for global growth, said G-24 Chairman…
Key Takeaways Some banks offer a “switch kit” to new customers to make the transition easier. You can avoid overdraft fees by keeping both the new and old accounts open and funded for a few weeks while you switch. Once you complete the switch, you may get confirmation that your old bank closed your account…
Key insight: Rep. Andy Barr, R-Ky., who is running to replace outgoing Sen. Mitch McConnell, R-Ky., participated in events around the release of an Office of the Comptroller of the Currency report on debanking Wednesday, only weeks before election day. What’s at stake: Comptroller of the Currency Jonathan Gould said there is “more work to…
Digital Transactions News staff October 14, 2026 Acquiring, Competitive Strategies, Credit Cards, Issuing/Originating, Mergers & Acquisitions Nuvei Corp. said it secured approval from the Payments Association of South Africa to offer local merchant payment services in South Africa. Wyoming-based Payward Inc. said it has agreed to acquire Finland-based Saldo Finance…
Key Takeaways Promotional CDs reward investors with higher-than-normal rates. A promotional CD might come with a special term or a high minimum deposit. Some financial institutions provide promotional CD rates to existing customers. Financial institutions offer a variety of certificates of deposit with different interest rates. Some banks and credit unions even let you take…
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. CFOs weighing AI investments have lacked a credible benchmark for payback horizons, but in new research by the American Productivity & Quality Center, finance leaders estimated the typical payback period across their organizations’ finance AI use cases….
A little more than two years since introducing its Kiosk product for restaurants, Square has revised the device by making it larger and adding artificial intelligence features to its ordering system. Announced Wednesday, the updated Kiosk moves away from a tablet-like appearance, which relied on the restaurant operator providing an iPad as the touchscreen display,…
Signs of stress in the high-yield “junk” bond market are rising, with recent borrowing tied to artificial intelligence falling under increased scrutiny.