CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing

CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019  |  CFPB

Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...

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BOE Head: Central Banks Provide Stability In FinTech Era
BOE Head: Central Banks Provide Stability In FinTech Era
October 16, 2019  |  Banking

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. Get the Full...

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Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
October 16, 2019  |  Earnings

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. 16), signaling the latest burst of...

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Mattel, Walmart To Sell Toys Via Interactive Video
Mattel, Walmart To Sell Toys Via Interactive Video
October 16, 2019  |  Retail

Walmart and Mattel are trying new ways to sell toys to children, with an interactive video store featuring different “floors” with toys. Get the Full...

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Shubert, True Tickets Partner To Pilot Mobile Orders For Broadway Shows
Shubert, True Tickets Partner To Pilot Mobile Orders For Broadway Shows
October 16, 2019  |  Blockchain

Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery, the companies said in a...

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Mastercard Outlines Blockchain Principles After Leaving Libra
Mastercard Outlines Blockchain Principles After Leaving Libra
October 16, 2019  |  Mastercard

Mastercard has outlined its intentions with blockchain after its high profile exit from the Libra Association, a coalition of many successful companies meant to help...

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Chinese Shoppers Will Have PayPal Access By Year End
Chinese Shoppers Will Have PayPal Access By Year End
October 16, 2019  |  International

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial...

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Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

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Foursquare Head Wants Stricter Laws Around Location Data
Foursquare Head Wants Stricter Laws Around Location Data
October 16, 2019  |  Regulation

The CEO of Foursquare, a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s time for Congress...

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