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Lawmakers to OCC: Take banks out of crypto August 12

Banks have asked for the head seat at the table regarding crypto regulations—but just days later, lawmakers want to claw back the few capabilities they already have.

The Canadian service promotes financial literacy with a learn-by-doing approach. Will it catch on when other apps let kids play games instead?

Users reported the app’s automatic savings algorithm removed money from checking accounts, resulting in overdraft fees.

Kohl’s makes a move to attract holiday shoppers: The retailer is expanding same-day in-store pickup options to all locations, but the move likely won’t be enough to reverse its slide.

American Eagle’s logistics business is about to take off: The retailer officially launched its nationwide delivery service this week as it looks to take on Amazon.

Marqeta reported a 53% YoY increase in total processing volume in Q2. Outgoing CEO Jason Gardner outlined growth plans for H2.

More than anything else, cash-back credit card customers want security and control. Free identity theft insurance and Social Security number monitoring are by far the most valued features among potential users of these cards in the US. These consumers also look for ease of earning and redeeming rewards.