Santander Consumer USA was ordered to pay $4.7 million to the Consumer Financial Protection Bureau (CFPB) for violating the Fair Credit Reporting Act (FCRA), the CFPB said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Burger King has launched a new promotion called the “$1 Your Way Menu” and in conjunction will put $1 in some Venmo users’ accounts through Dec. 28, the day the new menu takes effect, the company announced in a press release. Get the Full Story...
While Facebook has said it is open to liability reform that would make websites more accountable for posted content, smaller players are concerned that they wouldn’t be able to afford the costs of expanded liability. Get the Full Story Complete the form to unlock this...
In today’s top news, President Trump called for more money in stimulus checks, and Goldman Sachs is testing a wealth management app for the masses. Plus, consumer confidence in the U.S. dropped in December. Get the Full Story Complete the form to unlock this article...
The Google Pay revamp, launched last month (Nov. 18), has catapulted the app to the top of the charts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
In today’s top payments news around the world, China’s State Council reportedly said that small and micro-sized firms can defer loan payments past Q1 2021 as needed, while China’s Ant Group is curbing the borrowing limits for some young users of Huabei. Plus, U.K-based Liberis...
Today in B2B payments, lenders land SMB relief support in U.S. pandemic aid package. Plus, Contour completes blockchain trade finance transaction, Liberis raises funding for SME financing, Pakistan eyes digitizing supply chains, and Ripple faces SEC charges. Get the Full Story Complete the form to...
In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. That arm of the financial technology (FinTech) giant offers a virtual credit card. Get...
In today’s top retail news, Amazon is delaying its logistics charge increases, while consumers in Italy are embracing a new cash-back effort for card payments. Plus, Peloton has moved to remedy its manufacturing and order backlog hurdle by acquiring Precor. Get the Full Story Complete...