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Dive Brief: DailyPay, an on-demand pay provider, is partnering with Visa to release a prepaid debit card, the company said in an announcement emailed to Payments Dive. The move adds another way for DailyPay to make its earned wage access available to workers. The release said that the debit card provides cardholders with free instant DailyPay transfers, a network of no-fee ATMs and a mobile banking platform that lets customers track income and spending. Cardholders can also access their wages the day before payday to make purchases without receiving late charges. They can also add the card to Apple Pay, Google Pay and Samsung Pay, per the announcement. Dive Insight: In its release, DailyPay cited rising inflation and increasing interest rates as the reason why U.S. workers need the latest extension to such financial tools the company has been providing since 2016. With such on-demand pay tools, also known as early wage access, employees can tap their wages ...

[unable to retrieve full-text content] What will happen if Amazon stops accepting UK-issued Visa credit cards?    The Guardian

EPHRAIM - The name of Ephraim's newest restaurant is exactly what its proprietors want it to be — a fresh take on dining in Door County. Open since July, Fresh Take 42 owners Asche Rider and Dave Reera hope to make their place just north of The Red Putter Mini Golf stand out from the many others on the Peninsula, from the actual food being served to the service and look. "We picked the name because (the restaurant) is a little bit of a fresh take on restaurants," Rider said in an interview with the Advocate. "We try to work with fresh food, we want to buy from local farmers, local purveyors as much as possible." Rider and Reera describe the items on Fresh Take 42's menu as "comfort food with a twist," using locally sourced ingredients as much as possible for their fresh, seasonal offerings. Also, an a la carte menu allows diners to mix and match proteins, vegetables, sauces and starches as desired and share with their fellow diners, which Rider sai...

Last fall it was announced CIBC was set to takeover Costco Canada's Mastercard portfolio from Capital One, and as of late last week, the Canadian bank started its transition of taking in new customers. But fast forward to Monday morning, and it hasn't been a good launch for CIBC. According to existing Capital One credit card holders such as Christian Newman, it has been a "complete fail," as the transition has resulted in the blocking of account access from March 4-7, but there are payments due in that timeframe. Many are waiting hours on the phone to get payments addressed, only to have calls hung up after 2 hours on hold. Complete fail: @cibc takes over @costcocanada's Mastercard business from @CapitalOneCA, blocks account access from March 4-7, yet fails to address payments due in the meantime. Waited on hold for @CIBC for 2 hours, 8 minutes before they spontaneously disconnected. — Christian Newman ☕️ (@XianNewman) March 7, 2022 @costcocanada...

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Photo: iStock Photo: iStock The latest results of the European Central Bank (ECB)'s climate stress tests incorporated the energy performance of buildings as a contributing metric to determine banks' resilience to climate shocks. It revealed that European banks' mortgage books could be exposed to a higher credit risk because of this. "The test was a learning exercise," a source at CaixaBank tells Euromoney. "It enabled us to look transversally across our different portfolios, including the mortgages book." The Madrid-headquartered bank has the largest mortgage portfolio in Spain. Its book mirrors the quality of the overall housing stock in the country. As legal frameworks across Europe adapt, it will become impossible to sell or rent p...

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Toronto Dominion Bank increased its position in shares of MAG Silver Corp. (NYSEAMERICAN:MAG – Get Rating) by 12.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,200 shares of the company's stock after purchasing an additional 2,800 shares during the period. Toronto Dominion Bank's holdings in MAG Silver were worth $424,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Shell Asset Management Co. raised its holdings in MAG Silver by 22.0% in the 4th quarter. Shell Asset Management Co. now owns 9,971 shares of the company's stock valued at $157,000 after acquiring an additional 1,800 shares in the last quarter. Banque Cantonale Vaudoise raised its holdings in MAG Silver by 4.6% in the 1st quarter. Banque...

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[unable to retrieve full-text content] KFC Introduces New Satay Crunch With Peanut Sauce In Singapore    Chew Boom

PARIS, Oct 28 (Reuters) - The banking arm of French mail operator La Poste is planning to buy banking group BPCE's stake in French insurer CNP (CNPP.PA), the companies said on Thursday, and then plans to make an offer to buy the rest of the insurer in a proposal valuing it at 15 billion euros ($17.40 billion). The companies said BPCE would sell the 16% stake to La Banque Postale at 21.90 euros per share of CNP, a 36% premium to its close on Wednesday. La Banque Postale said it would then look to make a formal offer for the rest of CNP, with a view to delist the stock. CNP shares rose 35% on Thursday morning to 21.72 euros. Government-owned La Poste took control of a majority stake in CNP Assurances in 2020, as part of its plans to create a state-controlled bank and insurer focused on France's rural areas. "The simplification of CNP Assurances' shareholding structure will allow us to reinforce the efficiency of our bancassurance model, and to accelerate its expansion, ...

At the beginning of August, Société Générale decided to organize a new operation offering you the possibility of obtaining up to 140 euros by opening an online Sobrio account. Société Générale is taking advantage of the start of August to promote its Sobrio bank account offer. This time, the traditional bank transformed into an online bank has provided up to a 140 euro bonus when opening a Sobrio account, the latter being exclusively accessible via the bank's web platform. What is a Sobrio account with Société Générale? No account fees VISA insurance and guarantees Payment and withdrawals abroad Until Monday August 15 included opening a Sobrio account with Société Générale grants you 80 euros + an additional 60 euros if you subscribe to the bank mobility assistance service, ie a total bonus of 140 euros. A bank between tradition and modernity With its experience and the maturity of its offer, Société Générale is one of our favorite online banks. It offers ...

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