News

CFPB
CFPB’s $100M Gift To The Plaintiff’s Bar (If Arbitration Goes Bye-Bye)
August 24, 2016

The Consumer Financial Protection Bureau has quantified the impact of getting rid of the class-action waivers in consumer financial contracts, which prevent customers from filing class-action lawsuits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
WorldRemit Launches Its Service In Virginia
August 24, 2016

WorldRemit, the global remittances services company, announced on Tuesday (Aug. 23) it has launched its services in Virginia. WorldRemit provides a secure way for Virginia residents to send money to their loved ones around the world. Get the Full Story Complete the form to unlock...

Alternative Finances
Financeit Launches Direct-To-Consumer Financing Platform
August 24, 2016

Financeit announced on Tuesday (Aug. 23) it launched Financeit Direct, a direct-to-consumer financing platform. The tool, which the company said is a first-of-its-kind platform, is available 24/7 from any location on any device. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Complacent Managers Thwarting Expense Report Accuracy
August 24, 2016

Exaggerated claims on expense reports are challenging businesses’ ability to manage employee spend — and their own. 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...

B2B Payments
What Faster Payments Mean For Payday
August 24, 2016

From Same Day ACH to paycard controversies, a few recent news stories have placed payroll in center stage. At the heart of the discussion is how companies can pay their employees in a timely manner — naturally, a critical component of a functioning workforce. Get...

Payment Methods
VantageScore And The Public Record
August 24, 2016

The three credit reporting agencies (Equifax, Experian and Equifax), under a program called the National Consumer Assistance Plan (NCAP) are looking for ways to improve their methods of collecting, reporting and updating data related to public records. Though the rulemaking is not final, the conventional wisdom...

B2B Payments
Goldman Backs Alt-Lender With $100M Fund
August 24, 2016

Goldman Sachs has been vocal about the lapse in small business funding availability, with president Gary Cohn telling reporters last year that regulations have caused an SME lending squeeze. Alternative lenders gained traction thanks to that gap, and now, Goldman Sachs is making its own...

B2B Payments
Lendingkart Taps Amazon Talent For New Hire
August 24, 2016

India-based small business lender Lendingkart has secured new talent from top names. The company has reportedly hired a former Amazon executive as its new chief revenue officer and a former PayU India executive as SVP of products. Get the Full Story Complete the form to unlock...

B2B Payments
OnDeck Targets SME Work/Life Balance
August 24, 2016

A recent survey by alternative SME lender OnDeck uncovered a top concern among small business owners in the U.S.: work/life balance. On Tuesday (Aug. 23), the firm announced a new initiative to help its small business customers. Get the Full Story Complete the form to...