HSBC Business Accounts Frozen After AML Misstep
HSBC Business Accounts Frozen After AML Misstep
August 28, 2017  |  B2B Payments

HSBC U.K. has reportedly frozen some small business (SMB) bank accounts, according to news reports from Reuters. Get the Full Story Complete the form to unlock...

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SMBs’ Focus On Financial Expertise Leads Growth Strategy
SMBs’ Focus On Financial Expertise Leads Growth Strategy
August 28, 2017  |  B2B Payments

Small business lending in the U.K. took a major downturn in July, according to new figures, with financing dropping by $900 million in a single...

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Fed Chair Says Financial Reform Hasn’t Hurt Economy
Fed Chair Says Financial Reform Hasn’t Hurt Economy
August 28, 2017  |  Bank Regulation

Federal Reserve Chair Janet Yellen defended financial reforms that were put in place after the Great Recession, arguing they have strengthened the financial system and...

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Profits Up More Than 130 percent In Klarna’s Half-Year Report
Profits Up More Than 130 percent In Klarna’s Half-Year Report
August 28, 2017  |  Payment Methods

Klarna, the online payments firm based in Sweden, and one of the unicorns that came of age with a more than $1-billion valuation, posted results...

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Naspers Chairman Pushes Back On Calls To Sell Its Tencent Stake
Naspers Chairman Pushes Back On Calls To Sell Its Tencent Stake
August 28, 2017  |  International

Faced with calls to break up the eCommerce and Pay TV company and sell its stake in Tecent, the chairman of South Africa’s Naspers said...

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Expedia Head Dara Khosrowshahi Will Be Uber’s CEO
Expedia Head Dara Khosrowshahi Will Be Uber’s CEO
August 28, 2017  |  Ridesharing

Uber Technologies may have been mulling General Electric Chairman Jeff Immelt as its new CEO, but it seems Expedia chief Dara Khosrowshahi will be Uber’s new...

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New York State Of (Cybersecurity) Mind
New York State Of (Cybersecurity) Mind
August 28, 2017  |  Regulation

New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far.  Brexit gets down to business on...

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Ford To Use Machine Learning To Assess Credit Risk
Ford To Use Machine Learning To Assess Credit Risk
August 28, 2017  |  Loans

ƒFord Motor Credit Co. the financing arm of the vehicle manufacturer, announced Friday (Aug. 25) that it will implement machine learning credit approval models to...

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CFPB Could Scale Back Payday Lending Rule To Get It Done
CFPB Could Scale Back Payday Lending Rule To Get It Done
August 28, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau is gearing up to scale back its rule on payday lending, giving the industry a  potential break from oversight. Get...

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