News

Payment Methods
FinTechs Create Group To Access Banking Data
January 20, 2017

A handful of U.S. FinTech startups are creating an industry group to to be given the right for consumers to share their bank data with outside parties. According to a report, FinTech startups including Betterment, Kabbage and Ripple have joined Affirm, Envestnet | Yodlee and...

Payment Methods
BMO Harris Launches Digital Wallets For Cards
January 20, 2017

BMO Harris Bank announced Thursday (Jan. 19) the launch of BMO Harris Bank Masterpass, Android Pay and Samsung Pay digital wallets for select BMO Harris Bank credit and debit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Merchant Innovation
London Tech Firm Launches “Trump Monitor”
January 20, 2017

London-based Trading.co.uk will be launching an app that will make it easier for traders to keep track of Trump in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
TCF Sued By CFPB Over Overdraft Fees
January 20, 2017

TCF National Bank is getting sued by the Consumer Financial Protection Bureau (CFPB), which contends that the bank tricked consumers into overdraft services that were very costly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Mobile Commerce
Shifting Away From the “Payroll Paradigm”
January 20, 2017

The global reach of the eCommerce marketplace model has opened up income opportunities for people where once none existed. Getting people paid on time — when the on time means “on their time” — is a key element in fostering loyalty, Hyperwallet’s Michael Ting told...

B2B Payments
Investors Frugal – But Varied – In B2B FinTech Funding
January 20, 2017

Venture capitalists were fairly conservative in their B2B FinTech funding activities this week – a few million here, another couple million there. But they were varied: investments landed across industries, from enterprise security to corporate banking, and across geographies, including India, Israel, Germany, France and...

Security & Fraud
Living (Dangerously) In The Land Of The Mag Stripe
January 20, 2017

The years may change, but one thing in financial services remain the same: the threat of fraud. John Buzzard, fraud executive expert of CO-OP Financial Services, joined Karen Webster to reflect on financial services in 2016 and what fraud threats should and shouldn’t be on...

B2B Payments
EBA Clearing Testing Real-Time Payments Tool
January 20, 2017

EBA Clearing, set to launch its real-time payment service across Europe later this year, has officially commenced the testing phase of its technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Ripple’s Ex-CEO Joins HSBC Tech Group
January 20, 2017

The former CEO of blockchain FinTech firm Ripple has found a new position. 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....