In the U.K., The Financial Conduct Authority (FCA) is working on a discussion paper for digital currencies with the Treasury Committee and the Bank of England, The Independent reported. “Cryptocurrency has been an area of increasing interest for markets and regulators globally,” the FCA wrote...
Wells Fargo is expanding the review of its auto products and the services it finances after customers purchase a vehicle at an auto dealership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Community Financial Services Association of America, the payday lending trade group, filed a lawsuit against the Consumer Financial Protection Bureau to stop a regulation put into place under the Obama administration that it claims will kill the industry. Get the Full Story Complete the form...
The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other FinTech companies in the next three months. Get the Full Story Complete the form to unlock this article and enjoy...
PayPal is setting its sights on the unbanked, with an eye, too, on offering mainstream banking services, reported The Wall Street Journal on Monday (April 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Adyen, a Dutch payments processing company, is considering an IPO that could value it at 6-9 billion euros ($7-$11 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....
Uber announced that it has acquired bike-sharing company JUMP. 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 newsletter, PYMNTS Today. By completing this form,...
High-profile and damaging payment data hacks in the U.S. are leading employers to limit their workers’ access to sensitive data, according to a new report from ACI Worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The bikesharing trend has really gotten rolling in many cities around the world. Whether or not you’ve ridden one, you’ve surely seen them: Fleets of identical bikes, often colorful, clustered at rental docks where anyone from commuters to tourists can pay the fee to take...