Column While Bank of America is offering compensation boosts of $10,000 to $25,000 to entice employees to stay, challenger Revolut is letting its workers log on from abroad for up to two months a year. | The litany of services "Hazel by Walmart" intends to provide ranges from credit and debit card payment processing services to financial portfolio analysis, credit repair and restoration and virtual currency transaction processing. | The effort comes as the FDIC launches a campaign in the Atlanta and Houston markets to get more Black and Hispanic households to open bank accounts. | The deal with the Arlington, Virginia-based startup represents the latest product expansion by SoFi as it continues its push to become more than a student loan fintech. | The change of leadership at FinCEN comes as the regulator is seeking public comment on how to implement new rules on reporting the identity of corporations' beneficial owners. | More than 110 organizations are participating in the real-time payment effort, which is still slated for a 2023 debut. | Featured Resources FROM: GIACT | Identity Theft Impacts Nearly Half of U.S. Consumers | | From Our Library View all resources Best of What We're Reading Financial Times | Bloomberg | American Banker | The Wall Street Journal | Reuters | The Wall Street Journal | Upcoming Event April 14, 2021 - April 14, 2021 | Webinar 2pm ET | Dive Into a Topic | |
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