RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
October 09, 2018  |  B2B Payments

The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory...

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The Changing Face Of Short-Term Lending
The Changing Face Of Short-Term Lending
October 09, 2018  |  Alternative Finances

About a year ago, the CFPB, which now goes by the BCFP, dropped the final version of its payday lending regulations. This followed a nearly five-year-long process that included debates, discussions and a...

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Workers’ Union Creates Payroll Card In Response To Dues Regulations
Workers’ Union Creates Payroll Card In Response To Dues Regulations
October 09, 2018  |  B2B Payments

A major workers’ union in the U.S. has developed its own payroll debit card with ADP in response to proposed regulations that would impact the...

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Starbucks’ New Investor: Pershing Square
Starbucks’ New Investor: Pershing Square
October 09, 2018  |  Investments

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. Get the...

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Standard Chartered To Face Fines Over Iran Sanctions?
Standard Chartered To Face Fines Over Iran Sanctions?
October 09, 2018  |  Regulation

The collision of geopolitics and banking continues in headlines tied to sanctions, the SWIFT payment system, SWIFT’s connection to Iranian banks and controversies continuing over...

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WhatsApp Caves To India Payments Data Demands
WhatsApp Caves To India Payments Data Demands
October 09, 2018  |  Regulation

WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to store payment data...

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Mastercard Guarantees Hotel Stays For World, World Elite Cardholders
Mastercard Guarantees Hotel Stays For World, World Elite Cardholders
October 09, 2018  |  Mastercard

Mastercard is providing increased peace of mind for World and World Elite cardholders, announcing on Tuesday (Oct. 9) two new benefits for those customers. Get...

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Apple’s Latest iPhones To Boost Momentum, Produce Upside
Apple’s Latest iPhones To Boost Momentum, Produce Upside
October 09, 2018  |  Earnings

Bank of America Merrill Lynch was pounding the table on Apple Tuesday (Oct. 9), predicting the iPhone maker will see increased momentum thanks to the...

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UPI Transactions Jump In India; Wirecard And SES-imagotag Expand Payment Features
UPI Transactions Jump In India; Wirecard And SES-imagotag Expand Payment Features
October 09, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Reserve Bank of India (RBI) data that indicates a spike in...

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