News

Latin America
Brazilian FinTechs Prohibited From Borrower Deposits
August 31, 2017

The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might be seen in a traditional commercial banking relationship, according to news by Reuters. Get the Full Story Complete the form to...

Banking
Plaid Launches New Tool For Enterprise Developers
August 31, 2017

Plaid, the FinTech that assists financial services companies with app development to connect with users’ bank accounts, rolled out a new tool for API developers of enterprise applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Demonetization Fails To Curb India’s Dark Money Problem
August 31, 2017

Despite efforts at purging high denomination bank notes last year, new reports indicate 99 percent of the forbidden currencies were actually deposited or exchanged for new currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Judge Tosses The CFPB’s Case Against Global Payments
August 31, 2017

Noting that the CFPB had “blatantly” ignored his directions, a federal judge in Atlanta has officially dismissed the case against Atlanta-based payment processor Global Payments and three others for allegedly aiding fraudulent debt collectors. Get the Full Story Complete the form to unlock this article and...

Payments Innovation
The ROI On Being A PayFac? Zero
August 31, 2017

With changes happening all around us every day, the highly adaptive and evolutionary tendencies of technology in the closing years of the 2010s sometimes mean big changes — seismic changes — can happen in a way that is almost kind of quiet. Get the Full...

Security & Fraud
Automatic Ads: An Invitation For Fraud?
August 30, 2017

Advertisers are spending billions of dollars on ad campaigns that human eyes never see, and understandably, they’re not too happy about it. Google is issuing platform fee refunds after discovering that the advertising tool DoubleClick Bid Manager had placed campaigns by hundreds of its marketers...

Retail
Report: Instagram A Strong Driver Of Fashion Purchases
August 30, 2017

Although it’s no secret that social media platforms such as Snapchat, Facebook and Instagram have a strong affect on fashion trends, it may be surprising to see just how robust that impact actually is. With more 400 million daily users across the globe, Instagram is becoming a strong...

Retail
Walmart Investing $316 Million In Brazilian Store Remodels
August 30, 2017

As Walmart faces a growing number of retail rivals in the Brazilian market, the retailer appears to be playing defense, investing about $316 million in its Brazilian Walmart locations over the next two years to remodel 120 of its stores in the country. Get the Full...

Retail
Belle Cares’ Unusual Approach To Beauty On Demand
August 30, 2017

When most people think of beauty there is an almost instant association with the young and the glamorous.  Sure there is such a thing as beauty at any age, but our society tends to associate beauty and interest in beauty with the young.  Similarly, though...