It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. 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...
The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Connected-commerce companies often led the way, frequently enjoying strong IPO pricing and even bigger first-day “pops” as investors realized that the digital...
Paychex, which provides solutions for HR, payroll, benefits and insurance, is offering users of Clover, a business management platform from Fiserv, the chance to streamline payroll services as well as time and attendance management, according to a press release. Get the Full Story Complete the...
XRP’s price plummeted once more on Wednesday (Dec. 23) following the U.S. Securities and Exchange Commission’s lawsuit contending that the blockchain firm connected to the digital currency held a $1.3 billion securities offering that was not registered, CNBC reported. Get the Full Story Complete the...
The Consumer Financial Protection Bureau (CFPB) has settled with student loan servicers Discover Bank, The Student Loan Corporation and Discover Products (collectively Discover) in a 2015 case for unlawful practices, and Discover will have to pay $10 million in customer redress, a press release says....
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...
