Digital banking/finance platform Dave says its customers are seeking extra cash. More accurately, they’re seeking ExtraCash, the company’s cash advance program, which saw disbursements jump by double digits since last year, Dave said when announcing its quarterly and year-end earnings Tuesday (March 5). The company’s most recent quarter...
J.P. Morgan Chase will pay $2.5 million to settle a class action lawsuit regarding its decision in 2018 to start considering digital currency buys as cash advances, which brought about increased fees, Reuters reported. As part of the arrangement, the company is not admitting wrongdoing,...
Chime, America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to a report by Forbes. For now, to aid those having trouble paying bills during the coronavirus pandemic, Chime will let...
Plaintiffs in a case that alleged JPMorgan Chase charged clients too much for buying digital currencies with their credit cards have reportedly arrived at a settlement with the bank, CoinDesk reported. The proceedings have been stopped, according to a March 10 court order from Judge...
September 16, 2024
The Federal Trade Commission (FTC) will begin sending refunded money via PayPal to consumers it said were harmed by online cash advance provider FloatMe. Consumers who are eligible for a payment will receive an email between now and Friday (Sept. 20), the FTC plans to send PayPal payments on Sept. 23, and recipients should redeem […]
March 05, 2024
Digital banking/finance platform Dave says its customers are seeking extra cash. More accurately, they’re seeking ExtraCash, the company’s cash advance program, which saw disbursements jump by double digits since last year, Dave...
June 01, 2020
J.P. Morgan Chase will pay $2.5 million to settle a class action lawsuit regarding its decision in 2018 to start considering digital currency buys as cash advances, which brought about...
April 09, 2020
Chime, America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to a report by Forbes. For...
