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Credit Karma Launches New Cash Back Rewards Program for Debit Customers
Credit Karma Money introduces cashback rewards for debit cardholders, automatically activated on all Money accounts.
The program is powered by cashback platform Cardlytics, whose network of 10,000 local merchants and national chains rewards customers with real cash in their accounts with every purchase.
Consumers can earn rewards when paying with the Credit Karma Visa Debit Card at stores like Adidas.
Tearsheet Podcast: Insights from this year’s Money 20/20 Europe
Money 20/20 Europe takes place on June 9th and is the biggest European fintech conference of the year.
Tearsheet’s Yulia Ciutina and Rebecca Cohen both traveled to Money 20/20 Europe earlier this month. He sat down with podcast host and Tearsheet editor-in-chief Jack Miller to discuss what he had seen, learned and experienced.
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Given the lack of standardization, how should financial institutions approach ESG reporting?
ESG is currently unregulated and destandardized around the world and is becoming an increasingly confusing area. And the more the financial industry gets involved in this area, the more questions and problems arise.
There is no doubt that creating a well-defined global framework for ESG and sustainability factors will lead to greater accountability in the financial sector.
In terms of quality, the lack of ESG reporting standards results in wide disparities when trying to compare companies. The issue of quantity is related to the fact that, given the lack of standardisation, companies are free to report the information they consider most important.
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1. Payment initiation and management tops the list of common banking functions
2. Growth path of various industries in 2022
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Stripe expands global infrastructure for bank transfers
Stripe is making its bank transfer offering available to businesses in the UK, EU and Mexico – the global infrastructure promising to remove friction from bank transfers, transfers, reconciliation and accounting, and to enable businesses to verify refunds. Saves hundreds of hours (Finextra)
TD Labs is open sourcing for its TD Equity Resource Hub
Canadian bank TD is an open-source equity resource hub launched earlier this year by TD Lab, a digital platform that integrates diversity, equity and inclusion into all stages of product and service design (Finextra). helps.
Growth can be deceptive: the end of the neobank era?
In some ways, 2021 was a good year for US NeoBank, which grew by more than 10 million accounts from 23.3 million to 33.5 million in 2021 – however, despite positive growth figures, recent NeoBank news was not encouraging (Forbes)
Cheese Financial’s core mission extends beyond Chinese immigrants
The majority of Cheese Neobank’s users are first- and second-generation Asian Americans settled in the US, as well as college students. However, the company’s CEO says that a large number of Hispanic customers have recently been drawn to Challenger Bank’s (the financial brand’s) offerings.
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