Merrick Bank to pay $2.5 million to victims of fraud
Merrick bank will pay $1.5m to victims, with another $2m to come in the next two months, after it admitted it had misled investors about the state of its bank.Key points:The Australian Securities and Investments Commission (ASIC) has said the bank should have reported a “material” breach in May 2017When the bank reported a serious […]
Chase bank says it’s closing its mobile app store due to lack of traffic
Chase has said it will shut its mobile banking app store in 2019 after failing to attract enough users to maintain a viable business.The decision to close the app store comes amid growing competition from mobile wallet providers such as Square, which recently raised $30 million in a Series B round, and mobile payment giant […]
Why you shouldn’t bet on Santander Bank
By Michael Krieger/UPI | May 11, 2018 10:39:03When it comes to the NFL’s futures, Santander is one of the big dogs.And when it comes down to betting on the Chicago Bears’ upcoming home opener, the bank might be the biggest one on the block.A new poll shows the bank has the biggest bet in Chicago […]
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