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Posts Tagged ‘banks’

Goldman Sachs predicts brutal second quarter as unemployment spikes above 2 million

Even as the Trump Administration calls for states to not release unemployment data for the month of March, Goldman Sachs on Thursday issued its own predictions on the jobs market and the broader health of the U.S. economy on Friday. The financial services giant is predicting unemployment claims to spike to just over 2 million ...

Mint: late-stage adversarial interoperability demonstrates what we had (and what we lost)

In 2006, Aaron Patzer founded Mint. Patzer had grown up in the city of Evansville, Indianaa place he described as "small, without much economic opportunity"but had created a successful business building websites. He kept up the business through college and grad school and invested his profits in stocks and other assets, leading to a minor ...

Bank teller allegedly attempted to burglarize customer who made large withdrawal

On Monday, a 78-year-old man in Harford County, Maryland, withdrew a large sum of cash from his bank. That night, an intruder forced his way into the man's house and assaulted him until a relative interrupted the beating. As the relative called the cops the intruder ran off. Police later identified the culprit as 19-year-old ...

Venmo launches instant transfers to bank accounts

PayPal -owned payments app Venmo today announced support for instant transfers to U.S. bank accounts. The feature is an optional alternative to Venmo’s standard bank transfer service, which typically takes one to three business days to process transactions. With Instant Transfer, however, funds from your Venmo account can hit your bank account within minutes. As ...

Zero raises $20 million from NEA and others for a credit card that works like debit

Just ahead of the launch of the Apple Card, a startup that has its own take on modernizing the credit card industry, Zero, is announcing the close of its $20 million Series A. The new round of funding was led by New Enterprise Associates (NEA), and brings Zero’s total raised to date to $35 million, ...

Credit card activity as a predictor of mass shootings

The New York Times has published an investigation into infamous American mass shootings and found that a significant proportion of mass shooters go on credit-card fueled spending sprees prior to their acts of terror, and that these shooters worry (needlessly, as it turns out) that their unusual credit-card spending will be flagged by financial institutions, ...

Teen debit card Current now acts more like a real bank account

Current, the app-controlled teen debit card that’s managed by parents, is starting to look more like a bank. Today, the startup announced it’s now adding to its debit account for teens support for routing and account numbers. That means working teens will be able to direct-deposit to their Current account their paychecks from after-school and ...

How To Build Relationships With Banks

08.31.2011 · Posted in Finance Articles

In most cases, you want to choose banks for the long haul. You can save money and gain benefits by staying with one bank over time and diversifying the services in which you're engaged. So building a strong and reliable relationship is important, because it allows you to get the most out of what is ...

Crime Doesn’t Pay for 2 Bank Robbers

04.14.2010 · Posted in Finance Articles

In Brussels, Belgium, a bank robbing duo used too much dynamite to bust open an ATM machine and were killed. They not only blew themselves up but half the bank as well. Police found the perpetrators among the wreckage. One alleged robber had identification papers from Kosovo. The explosion took place in a town ...

Choosing The Right Bad Credit Loans

11.07.2009 · Posted in Home and Garden Articles

Because of the bad economy people all over the country are going default on their loans and credit cards. The all around credit score for the average person is very low and people still need help. If you ever find yourself in a tricky situation, you can get out of it with a loan. Bad ...