News

Security & Fraud
CFPB Could Have Gotten A Lot More In Fines From Wells Fargo
September 20, 2017

Last year, Wells Fargo faced fines of as much as $10 billion from the Consumer Financial Protection Bureau, but instead settled for a fraction of that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Pilots Food Stamps Program For Online Groceries
September 20, 2017

Walmart is expanding its Online Grocery Pickup to more people, rolling out an option that enables customers to use their EBT card (which conveys SNAP benefits to welfare recipients) benefits for its service and pay when they pick up their food. Get the Full Story...

CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
September 20, 2017

The Consumer Financial Protection Bureau announced Tuesday (Sept. 19) that it took action against Top Notch Funding and two individuals associated with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
NY AG Wants To Know About TransUnion, Experian Cybersecurity
September 20, 2017

TransUnion and Experian, two of The Big Three credit reporting companies, have received letters from New York Attorney General Eric Schneiderman inquring them about their cybersecurity safeguards in the wake of the massive data breach at rival Equifax. Get the Full Story Complete the form...

Merchant Innovation
LendingPoint Closed On $500M Credit Facility In August
September 20, 2017

Online lender LendingPoint announced Tuesday (Sept. 19) that it had closed an up to $500 million credit facility on Aug. 22. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Kohl’s Now Accepting Amazon Returns
September 20, 2017

It looks like Kohl’s and Amazon are deepening the partnership announced earlier this summer. 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...

Partnerships / Acquisitions
How Ericsson And Zenuity Want To Drive The Connected Car Conversation
September 20, 2017

Cars produce data on a scale and scope that is hard to wrap one’s head around. Think gigabytes. And that’s just the cars of today, with readings shooting forth from the engine, safety systems, infotainment systems, security systems and everything else currently controlled by a...

Payment Methods
Tuition Payments Made Intuitive And Even On The Fly(wire)
September 20, 2017

School bells ring, school cash registers ring and cross-border payments can zing — if the right regulatory boxes are not checked off. Flywire’s CEO Mike Massaro spoke about the need for flexibility in cross-border transactions, with an eye on regulations and on reducing friction in the...

Partnerships / Acquisitions
Behind Worldpay Acquisition, Vantiv’s Strategy For Payments, Globally
September 20, 2017

Marching down the aisle may eventually deliver a whole new bundle of … wait, we’re not talking about babies. 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...