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Alectra Incorporated, through its subsidiary Alectra Utilities Corporation, is an electricity utility and distributor that serves several municipalities in the Golden Horseshoe region of Ontario. It is a municipally-owned corporation with shares in varying amounts held by the municipalities which owned its predecessor companies.
Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.
Chime Financial, Inc. is a San Francisco–based financial technology company that partners with regional banks to provide certain fee-free [4] [5] mobile banking services. The company offers early access to paychecks, negative account balances without overdraft fees, [2] high-yield savings accounts, [5] peer-to-peer payments, [6] and an interest-free secured credit card. [7]
When you swipe your credit card to make a purchase, the merchant’s acquiring bank — which handles the payments for the merchant — communicates with your card issuer to make sure that you ...
Chime, the once-high-flying fintech, has agreed to pay $2.5 million to the California Department of Financial Protection and Innovation to settle claims that it violated the state’s consumer ...
The Biden administration has told the online banking group Chime it must pay $4.55 million for failing to issue refunds in a timely manner to customers who had closed their accounts with the firm.
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Card transaction data is financial data generally collected through the transfer of funds between a card holder's account and a business's account. [1] It consists of the use of either a debit card or a credit card to generate data on the transfer for the purchase of goods or services. Transaction data describes an action composed of events in ...