New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Trump administration has created a new task force that will focus on protecting consumers from one of the biggest fraud threats: crypto coins. Bloomberg noted that a focus of the panel, announced on Wednesday (July 11), will be on the scams involving bitcoin and other virtual...
Dean Garfield of the Information Technology Industry Council — a trade group that represents Google, Microsoft and other tech companies — is calling for faster development of national privacy norms to avoid opposing state rules. Get the Full Story Complete the form to unlock this article...
Walmart de Mexico’s new head of eCommerce, Ignacio Caride, is focusing on growing the retailer’s grocery deliveries to differentiate from rivals including Amazon and MercadoLibre. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Users of the Starwood Preferred Guest (SPG) American Express (Amex) card aren’t happy with the changes coming to their cards, which give them one-third fewer reward points for almost every dollar they spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
There is a better way for banks to help corporations and businesses, including SMEs, to make money — a method that takes advantage of all the benefits of digital technology while working within the limitations of legacy banking systems. Get the Full Story Complete the...
Consumers in Sweden and Norway are more likely to take out a loan this summer than borrowers in Finland, according to a press release from Tieto. While 22 percent of Swedes and 21 percent of Norwegians are seeking to borrow money, only 14 percent of Finns...
QVC former director James D. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Welcome to Five at Five, your late look at some of the main payments and commerce news of the day. Coverage includes a description of a new, and potentially major, same-day delivery deal in NYC, along with Oprah’s latest commerce venture. There is also news...