Tag Archives: Bank

Nigeria’s central bank lifts crypto ban, introduces new regulations

Cryptocurrencies Regulations

Nigeria’s central bank lifts crypto ban, introduces new regulations Maxwell William / Last Updated: Dec 23, 2023   The Central Bank of Nigeria has lifted its ban on cryptocurrency transactions, acknowledging the global trend towards regulating digital assets, according to a recent Reuters report. This move marks a departure from the bank’s February 2021 decision, … Continue reading Nigeria’s central bank lifts crypto ban, introduces new regulations →

How Citizens Bank transformed content to meet changing customer needs

Banking Services

The regional bank uses data, DAM and new channels like TikTok to build trust and authority with customers in major Northeast markets. Chris Wood on October 3, 2023 Citizens Bank is a regional business with approximately 1,200 branches in major northeast markets. To build trust and authority with customers they transformed their content strategy, broke … Continue reading How Citizens Bank transformed content to meet changing customer needs →

Bank of America has to pay $100 million to harmed customers. You might be one of them

Banking Fines

  By Rebecca Barker July 11, 2023 The Consumer Financial Protection Bureau (CFPB) ordered Bank of America earlier today to pay over $250 million for unlawful practices, including “double-dipping” on overdraft fees, using customers’ information to open accounts without their knowledge since 2012, and failing to fulfill rewards bonuses that had been explicitly promised to … Continue reading Bank of America has to pay $100 million to harmed customers. You might be one of them →

Roku, Roblox and other martech companies relieved by Silicon Valley Bank bailout

Bankruptcy

Banker of choice for tech venture capitalists and start-ups hurt by narrow focus and rising interest rates. Constantine von Hoffman on March 13, 2023 Several big martech-related companies — including Roku and Roblox — are breathing easier following news they won’t lose their deposits in the failed Silicon Valley Bank (SVB).  On Friday SVB was … Continue reading Roku, Roblox and other martech companies relieved by Silicon Valley Bank bailout →

What will happen to SVB employees? Past bank failures may provide some insight

Employee Layoffs

  By Sam Becker March 13, 2023   The aftermath of Silicon Valley Bank’s collapse is still unfolding, and the bank is now under FDIC control, allowing insured depositors to access their money as of Monday morning. While that may help some of the bank’s thousands of corporate customers make payroll in the coming days, … Continue reading What will happen to SVB employees? Past bank failures may provide some insight →

Etsy warns of merchant payment processing delay due to Silicon Valley Bank collapse

Etsy

Roku says it could lose 25 percent of its cash after Silicon Valley Bank fails   Karissa Bell @karissabe The sudden collapse of Silicon Valley Bank has put more than a quarter of Roku’s cash at risk. The streaming company had $487 million, representing 26 percent of its cash, in Silicon Valley Bank, the company … Continue reading Etsy warns of merchant payment processing delay due to Silicon Valley Bank collapse →

Roku says it could lose 25 percent of its cash after Silicon Valley Bank fails

Bankruptcy

Roku says it could lose 25 percent of its cash after Silicon Valley Bank fails Karissa Bell @karissabe The sudden collapse of Silicon Valley Bank has put more than a quarter of Roku’s cash at risk. The streaming company had $487 million, representing 26 percent of its cash, in Silicon Valley Bank, the company disclosed … Continue reading Roku says it could lose 25 percent of its cash after Silicon Valley Bank fails →

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