News from December 2024

Billd partners with American Express to improve contractor payment terms

Billd and American Express have joined forces to tackle payment challenges in the construction industry.

Bank of America's Neighborhood Builders marks two decades supporting U.S. nonprofits

Bank of America is marking the 20th anniversary of its Neighborhood Builders program, a significant philanthropic initiative aimed at enhancing leadership in nonprofits across the United States.

Bank of America partners with FIFA for Club World Cup 2025

FIFA has announced Bank of America as the latest Official Partner for the FIFA Club World Cup 2025.

American Fintech Council supports bipartisan focus on AI's impact on finance

The American Fintech Council (AFC) has expressed support for the recent bipartisan measures by the House Financial Services Committee.

BofA projects strong US equity market performance amid global uncertainties in 2025

BofA Global Research has released its outlook for 2025, predicting a strong year for US equities amid macroeconomic uncertainty.

Chase Travel reveals top destinations for 2025; offers rewards giveaway

Chase Travel, a leisure travel brand under JPMorgan Chase, has announced its first annual list of top destinations for 2025.

Financial Orgs on Credit Card Competition Act: 'To say that consumers will benefit from the Durbin-Marshall bill is inaccurate'

A coalition of financial organizations including the American Bankers Association, Electronic Payments Coalition, Consumer Bankers Association, and others, sent a joint letter to the Senate Committee on the Judiciary in opposition of the proposed Credit Card Competition Act.

Bipartisan leaders address AI's impact on finance and housing

Ahead of a hearing to examine how technology is shaping the future of finance, Chairman of the House Financial Services Committee Patrick McHenry (NC-10) and Ranking Member Maxine Waters (CA-43) have introduced two bipartisan measures.

Electronic payments drive Cyber Monday's $13 billion economic impact

A recent analysis by the Electronic Payments Coalition (EPC) has highlighted the significant economic impact that electronic payments will have on Cyber Monday, one of the biggest online shopping days of the year.

Capital One tops J.D. Power's small business banking satisfaction study

Capital One has been recognized for the second consecutive year as the leader in customer satisfaction among small business banking services by J.D. Power.

Navy Federal awards scholarships to top ROTC students across military branches

Navy Federal Credit Union has announced the recipients of its ROTC All-American Scholarship Program, recognizing outstanding students from the Air Force, Army, and Navy/Marine branches.

OPINION: Is Elon Musk Serious with his 'Delete CFPB' Tweet?

In a late-night post on his social media platform X, billionaire entrepreneur and incoming Department of Government Efficiency head Elon Musk made a bold declaration: “Delete CFPB. There are too many duplicative regulatory agencies.” Musk’s succinct yet striking comment has ignited a vital debate about the role and efficacy of the Consumer Financial Protection Bureau (CFPB) in modern America.