Customers Financial News

Brazil-based Itaú Unibanco, one of the largest private banks in Latin America, has announced expanding its Bitcoin and Ether trading services to all customers.

Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online

A California Chipotle erupted into chaos on May 31 as a trio of customers started throwing food at employees. (Storyful)

SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment.

India’s largest private sector lender HDFC Bank has informed its customers that they will not be able to use the bank’s debit, credit and prepaid cards on June 4 and 6, though briefly, due to a system upgrade.

Telecom gear makers have pushed back on the July 1 deadline for mandatory security testing of WiFi customer premises equipment (CPE) and IP routers, demanding an extension of a minimum of two years and requesting the government to keep security certification on a voluntary basis for now.

online food delivery platform Zomato has made a special appeal to its customers, urging them to avoid ordering food during peak afternoon hours unless absolutely necessary. This request, posted on X (formerly Twitter), has generated a range of reactions from netizens.

Ongoing anti-money laundering probes at TD Bank and penalties levied at other Canadian financial institutions aren’t likely to have a material impact on banking customers, experts say, though the regulatory crackdown could have implications for investors and the banking sector long-term.

Ticketmaster customers — more than half a billion people — and is offering the pilfered data on the dark web for US$500,000.The data includes customers’ names, addresses, phone numbers and partial credit card details, including the last four digits of credit and debit cards and card expiration dates, according to HackRead, which first reported on the data breach.Ticketmaster and its parent company Live Nation have yet to confirm that the data breach took place and they have not made a public statement about the hacker’s claims. Ticketmaster did not respond to a Global News request for comment.The group that says it carried out the hack is called ShinyHunters, which has been behind a number of high-profile data breaches targeting Microsoft, AT&T and Mashable.

fixed deposits (FDs) have been in a sweet spot for a few years now. The interest rates of FDs had gone up and small finance banks (SFBs) were offering 9% to 9.5%, which in many cases were more attractive than the offerings of public and private sector banks. Many have opted for such FDs. But now these FD investors should take note of a development at a prominent player in the sector: Fincare Small Finance Bank, which used to offer 9.21% to senior citizens on FDs maturing in 750 days as on March 27, 2024, according to Paisabazaar.com, recently merged with AU Small Finance Bank, the largest SFB in the country in asset size. This is the first such merger in the small finance bank sector, and it came into effect on April 1, 2024. Now, customers should be aware of what will happen to the FDs they had opened in Fincare SFB before the merger? Will they be eligible for the deposit insurance protection of up to Rs 5 lakh, including principal and interest? Will the IFSC codes change after the merger? ET Wealth Online presents an FAQ on how the Fincare-AU Small Finance Bank merger will impact customers.

HDFC Bank customers will not be able to use most services, including net banking, mobile banking and UPI, due to scheduled maintenance activities from 3.30 A.M. on May 25, 2024, according to a notice on the bank’s website.

The crypto exchange Coinbase reintroduced support for XRP in New York on May 23, allowing residents to buy and sell the cryptocurrency on its platform once again. New York-based users of Coinbase can now trade or store Ripple (XRP) on Coinbase.com or the crypto exchange’s iOS and Android mobile apps.

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₹20,000 for gold loan customers has stirred discussions across the financial sector. This directive aims to regulate cash transactions in the gold loan segment and address concerns related to transparency and accountability. This article reviews the implications of the RBI's advisory on both customers availing gold loans and businesses operating in the gold financing landscape.

₹30 crore of unexplained currency in a Jharkhand legislator’s home, it is time to shine a light on a somewhat obscure term: Politically exposed persons (PEPs). This term refers to individuals who hold political office or public positions such as judgeships and bureaucracy posts, or have a close association with those who hold such authority. Data from Rzolut, a risk and compliance technology and data provider, reveals that there are over 2.3 million PEPs around the world, ranging from country presidents to municipality officials.

Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group (DCG), with no recovery from the bankruptcy. US Bankruptcy Judge Sean Lane approved Genesis' Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy.

The US’s biggest bank says its consumer customers are healthy and stable. But doing well from a bank’s point of view might not be the same as how a customer sees it.

Target is cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets

A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors, including thousands of people who New York regulators say were defrauded by the company

digital banking, fraudsters continuously devise new tactics to deceive them. Instances of banking-related scams have been increasing, prompting numerous banks, such as the State Bank of India (SBI), to caution their customers about these fraudulent activities. They also provide guidance on taking precautions against the growing number of emerging scams. For example, SBI recently issued a warning about a scam involving the distribution of an Android Application Package (APK) to users under the guise of redeeming SBI reward points and the precautions to take. Let us look at some of the frauds that big banks in India have been warning customers about and how one can stay safe. Also read: «Rs 15,000 credited to a/c XXXXX9082»: This 'bank message' could be a scam; how to identify, save money

Google is betting Microsoft Corp's very public cybersecurity failures — along with deep discounts — will persuade corporate and government customers to use the search giant's productivity software rather than Office.