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CFPB Head Wary of Big Credit Card Mergers
CFPB Head Wary of Big Credit Card Mergers
April 24, 2024  |  Credit Cards

America’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expressed these worries in a Wednesday...

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DOJ: Ex-Binance Head Deserves 3 Years in Prison
DOJ: Ex-Binance Head Deserves 3 Years in Prison
April 24, 2024  |  Cryptocurrency

Federal prosecutors want former Binance CEO Changpeng Zhao to spend three years in prison. The one-time head of the world’s largest cryptocurrency platform deserves this sentence, the Department...

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PayU Vet Mario Shiliashki Picked to Lead myPOS
PayU Vet Mario Shiliashki Picked to Lead myPOS
April 24, 2024  |  Personnel

Small-business-focused payments/card solutions company myPOS has named Mario Shiliashki as its new CEO. Shiliashki, the company announced Wednesday (April 24) in a news release provided...

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ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool
ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool
April 24, 2024  |  Fraud Prevention

Financial crime intelligence provider ComplyAdvantage has acquired tech company Golden. As ComplyAdvantage noted in a Wednesday (April 23) news release sent to PYMNTS, Golden is “automating the construction...

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Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
April 23, 2024  |  Earnings

Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance...

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Square Expands Offline Payments to Entire Hardware Lineup
Square Expands Offline Payments to Entire Hardware Lineup
April 23, 2024  |  Payments Innovation

Square has expanded the availability of offline payments to every hardware device, in every country. The company has offered this no-connection-required solution for 10 years on some of...

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Brightwell Launches Cross-Border Payment Platform Focused on Reimbursements
Brightwell Launches Cross-Border Payment Platform Focused on Reimbursements
April 23, 2024  |  Cross-border Payments

Brightwell has launched a platform designed to let businesses deliver cross-border payments to their customers. The new Latitude platform does so based on the customer’s currency, location and payment...

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Shopify Aims to Reward Employees’ Improvements of Craft
Shopify Aims to Reward Employees’ Improvements of Craft
April 23, 2024  |  Personnel

Shopify reportedly plans to base raises on numerical scores assigned to employees based on their skill level. Employees will be eligible for a raise only...

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Standard Chartered and Visa Partner on Cross-Border B2B Payments
Standard Chartered and Visa Partner on Cross-Border B2B Payments
April 23, 2024  |  B2B Payments

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has...

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