House Minority Leader Nancy Pelosi has criticized President Trump’s reported pick to head the Consumer Financial Protection Bureau (CFPB), saying that Republicans are more concerned about the interests of banks and financial firms than consumers. Get the Full Story Complete the form to unlock this...
CYBG, the owner of Clydesdale Bank and Yorkshire Bank, is buying Virgin Money for £1.7 billion. 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 to our daily...
EMV has done wonders to stop fraud via cards at the physical point of sale. The bad guys have moved off the premises and onto the web in due course, which means separating the good transactions from the ill-intentioned ones has gotten a whole lot...
The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to...
Square, the payments company founded by Jack Dorsey, has received a license to enable residents in New York state to buy and sell bitcoin via its Cash App. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Welcome to Five at Five, your late look at today’s payments and commerce news. Coverage includes a new, comprehensive look at the QSR world, and Apple’s good day before the U.S. Supreme Court. Walmart is going further with blockchain, Google has a new plan to take...
One of the most recent experiments for direct-to-consumer eCommerce is taking place on Instagram, and, if successful, could forge a path for brands that want to sell directly to online consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Finastra, the FinTech company, announced Monday (June 18) that it has acquired Malauzai, a provider of mobile and internet banking solutions for community financial institutions (FIs). In a press release, Finastra said the buy reflects its commitment to the U.S. retail and business banking sectors by...
Viva Republica, Korea’s FinTech startup and maker of financial services app Toss, announced Monday (June 18) it has completed a $40 million round of funding raising. In a press release, Viva Republica said the funding came from GIC and Sequoia China, and with it has...
