Banking

Neteller Corporate Office

Neteller was founded in Canada by Stephen Lawrence and John Lefebvre in 1999. The company operates an e-money transfer service allowing merchants to receive payments and consumers to transfer money for goods, services, or to other individuals.

In 2015, Optimal Payments Plc (now Paysafe Group) finalized a transformational transaction for the global payments industry – the acquisition of Skrill Group, one of Europe’s largest online payments systems and among the world’s largest independent digital wallet providers.

In July 2000, the company began to process online gambling payments.

At one point, the company was processing payments for 85% of the world’s gambling merchants and as much as 95% of the firm’s revenue at that time was derived from fund transfers to online gaming firms, with many users being U.S. residents.

The company was forced to move its operations from the US to England after being charged with money laundering.

In 2003 the company launched NetCard, later changed to Net+, as a means of allowing clients to withdraw cash at ATMs and use it at POP locations.

These are prepaid debit cards that allow clients to withdraw funds that are already in their Neteller accounts and not actual credit cards.

Neteller maintains a corporate office in London, UK.

Neteller

In July 2000, the company began to process online gambling payments.

History

The company was forced to move its operations from the US to England after being charged with money laundering.

In 2003 the company launched NetCard, later changed to Net+, as a means of allowing clients to withdraw cash at ATMs and use it at POP locations.

These are prepaid debit cards that allow clients to withdraw funds that are already in their Neteller accounts and not actual credit cards.

Neteller maintains a corporate office in London, UK.

Upgrade.Com Corporate Office

Upgrade.Com was founded in 2016 by Renaud Laplanche, Jeff Bogan, Visar Nimani, & Adelina Grozdanova. The company operates a neobank that offers credit and banking products to consumers and delivers fixed-rate credit cards and loans.

Upgrade also offers other services, including credit monitoring and financial education tools for consumers.

In October 2021, Nilson reported that the Upgrade.Com Visa card was the fastest-growing Visa card in the US.

Upgrade has raised $200 million in equity funding since and made over $3 billion in loans since its launch in 2017.

In June 2020, Upgrade received a $1 billion valuation in a Series D equity round led by Santander Group.

Upgrade stated in October of 2021 that the company was introducing a new payment plan that allowed customers to pay for purchases in 4 monthly installments and not be charged any interest or other fees.

Upgrade.Com maintains a corporate office in San Francisco, California.

Upgrade.Com

Upgrade also offers other services, including credit monitoring and financial education tools for consumers.

In October 2021, Nilson reported that the Upgrade.Com Visa card was the fastest-growing Visa card in the US.

History

Upgrade has raised $200 million in equity funding since and made over $3 billion in loans since its launch in 2017.

In June 2020, Upgrade received a $1 billion valuation in a Series D equity round led by Santander Group.

Upgrade.Com maintains a corporate office in San Francisco, California.

Chime Bank Corporate Office

Chime is an online banking app that allows clients to save money through no fees and automatic savings. There are no brick and mortar branches. Unlike other online banking services, Chime gives direct deposit clients access to their funds one or two days before the funds hit the account. There are no credit cards, no overdraft fees, and zero fees for using any ATM.

Chime was founded in San Francisco, California, in 2013 by Chris Britt and Ryan King, who realized that most people, especially millennials, hate the major banking firms. Although the company is still new, it have already surpassed more than 1 million clients as of May 2018.

Chime had an outage on October 16th, 2019, the third such outage since July. This left customers unable to make purchases or use their debit card to access cash.

The corporate office for Chime is located in San Francisco, California. Chime is backed by The Bancorp Bank, whose physical address is listed below.

Chime

History

Chime had an outage on October 16th, 2019, the third such outage since July. This left customers unable to make purchases or use their debit card to access cash.

The corporate office for Chime is located in San Francisco, California. Chime is backed by The Bancorp Bank, whose physical address is listed below.

Commonwealth Bank Corporate Office

Commonwealth Bank of Australia can trace its roots back to 1911 when it was established by the Australian government as a part of the Commonwealth Bank Act of 1911.

In 1920, the bank began acquiring central bank powers when it took over the responsibility for the issue of Australian bank notes from the Department of the Treasury.

During the 1940s, the bank had developed many branches across Papua New Guinea including Port Moresby, Boroko, Rabaul, Lae, Wau, Bulolo, Goroka, Kavieng, Madang, Mount Hagen, Kundiawa, Popondetta, and Wewak. On Bougainville, there was Kieta, Panguna, Arawa, and early on a part-time sub-branch at Loloho. It maintained those facilities to support trade, local business, government, and small savers.

Between 1991 and 1996 the Australian Government fully privatised the Commonwealth Bank.

The headquarters were moved to Tower 1, 201 Sussex Street, and two new nine-story buildings which were built at the site of the former location of the Sega World Sydney.

In August 2017, the financial intelligence agency, TRAC, launched civil proceedings in the Federal Court of Australia, alleging that CBA had breached money laundering and terrorism financing laws on 53,700 occasions. The bank stated that this was a computing error.

It’s estimated that large Australian banks, such as Commonwealth, may face tougher times in 2021.

Commonwealth Bank

Commonwealth Bank of Australia can trace its roots back to 1911 when it was established by the Australian government as a part of the Commonwealth Bank Act of 1911.

In 1920, the bank began acquiring central bank powers when it took over the responsibility for the issue of Australian bank notes from the Department of the Treasury.

History

Between 1991 and 1996 the Australian Government fully privatised the Commonwealth Bank.

The headquarters were moved to Tower 1, 201 Sussex Street, and two new nine-story buildings which were built at the site of the former location of the Sega World Sydney.

It’s estimated that large Australian banks, such as Commonwealth, may face tougher times in 2021.

Texas Dow Employee Credit Union

Texas Dow Employee Credit Union, commonly called TDECU, was founded by the employees of Dow Chemical Company in 1954. Membership was initially limited to Dow and Ethyl-Dow employees

As of June 2017, it has over 263,000 members, with assets of $3.05 billion.

The credit union offers the following services:

Checking and savings accounts
Credit cards
IRAs
Money Management
Mortgages
Auto, home equity, and personal loans
Homeowners, life, health, and auto insurance.
Financial planning and investment services

TDECU has had multiple acquisitions over the years, including Bluebonnet Credit Union in 2011, Hancock Bank in 2013, and FMC Technologies in 2014.

In August 2020, the company fired an employee who made racist remarks on a social media platform.

In June 2020, the credit union announced that it was teaming up with Illuma Labs to apply voice authentication software to its call center to prevent fraud.

Texas Dow Employee Credit Union maintains a corporate office in Lake Jackson, Texas.

Texas Dow Employee Credit Union

Texas Dow Employee Credit Union, commonly called TDECU, was founded by the employees of Dow Chemical Company in 1954. Membership was initially limited to Dow and Ethyl-Dow employees