News

Regulation
Mulvaney Puts Wells Fargo’s Fines On Ice – For Now
December 08, 2017

The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be on the hook for tens of millions of dollars over mortgage lending abuse, reported Reuters. Get the Full Story Complete the form to...

Investments
WorldRemit Lands $40M
December 08, 2017

Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of growth, bringing its total amount raised to $220 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
China’s Bike-Share Ofo Raises $1B
December 08, 2017

Ofo, the Chinese bicycle sharing company, has raised $1 billion or more from Alibaba, the Chinese eCommerce giant, and other investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
LendingClub Shares Hit Record Low
December 08, 2017

LendingClub, the online lender, saw its stock tank Thursday (Dec. 7) after raising its loss estimate and slashing its revenue forecast for the current fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
CoinFi Aims To Smooth Crypto Swings With New Tools
December 08, 2017

If it’s Friday, it must be the end of a wild week in the Wild West, where winded traders’ wondrous winnings are tallied and taken, lost and lamented. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bitcoin
Global Regulator Warns Bitcoin Is A Dangerous Bubble
December 08, 2017

Stefan Ingves — chairman of global regulators at the Basel Committee and governor of Sweden’s Riksbank — is not boosting bitcoin. In fact, he told CNBC that he doesn’t even think it merits being called cryptocurrency. Get the Full Story Complete the form to unlock...

Bitcoin
Craigslist Adds ‘Cryptocurrency OK’ Payment Option
December 08, 2017

In one of its first notable developments since its inception in 1995, online classifieds marketplace Craigslist has updated its posting details form to include a new payment option. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
What The Last 25 Years Of X-Border B2B Payments Tells Us About The Next
December 08, 2017

The more things change in payments, the more they stay … anything but the same. Cambridge Global Payments CEO Gary McDonald weighs in on the ways cross-border transactions have evolved in B2B and what’s next after its acquisition by FLEETCOR.

Payment Methods
Charitable Giving Goes Online — Now What?
December 08, 2017

Online and alternative forms of payment are fast becoming a hallmark of the nonprofit sector, and complexity reigns amid gifts and donations. In an interview with PYMNTS’ Karen Webster, iATS Payments President Andrew Mosawi weighs in on how nonprofits make money in a variety of...