Madoff victims receive $ 568 million payment five months after death

Victims of Bernard Madoff’s massive fraud are set to receive the first payments from the government since the scammer’s death behind bars five months ago, with a fund created years ago preparing to send $ 568 million in reimbursement checks. About 31,000 investors around the world will soon be receiving …

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Small Business Motor City Match Grant Application Opens for 18th Round

Along with several previous winners, Motor City Match announced on Thursday that applications for its 18th round of small business grants have now been accepted. The announcement was made on Livernois Avenue in Detroit in the same space that the program was announced in 2015. Today, that location sits between …

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SCB Abacus’ growth attracts technology investors

SCB Abacus’ growth attracts technology investors Lender raises US $ 12 million in financing SCB Abacus, an alternative digital lending platform of Siam Commercial Bank, has raised $ 12 million (396 million baht) in a Series A funding round and is targeting digital lending growth of 10 times this year. …

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‘Safest Driver’ Contest Awards Cash Prizes to Austin Pilots

AUSTIN, TX — Distracted driving is an unfortunate consequence of living in the digital age and is one of the top four driving behaviors that can lead to serious crashes. The City of Austin and Safe2Save are working in tandem to hold a contest open to residents of the Austin …

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Nebraska and Wyoming Credit Union Amalgamation Plan

Source: Shutterstock. The $ 65.5 million Western Heritage Federal Credit Union in Alliance, Neb., Plans to merge with the $ 575 million Meridian Trust Federal Credit Union in Cheyenne, Wyo., Announced Monday credit unions. “This will ensure that we can continue to meet the growing financial needs of our members, …

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The future of money and financial services

The alert I just heard turned out to be from Finn, my personal financial AI robot in the cloud. I realized he knows where I am via the mobile network. He also knows I’m about to take a break here at Ericsson and takes this opportunity to get my attention. …

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The 6 pain points of the process that kill Banking CX

Subscribe to The Financial Brand FREE by email! Traditional banks and credit unions can’t afford to lose people to simple customer experience issues – there are too many banking alternatives in the modern world that could (and will) easily win over people. These issues are fairly easy to fix, but …

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How Texas’ Hottest Real Estate Market Can Help You Avoid Paying PMI

Last year, nearly 165,000 Texans started paying PMI to get their home loans. The heat of the real estate market could help them get out of this much sooner. DALLAS – Just recently someone suggested a Right on the Money segment that could save many homeowners a few hundred dollars …

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