ACI Worldwide, the Florida-based electronic payment solutions provider, announced the launch of its UP eCommerce Payments solution, which it says will enable merchants and payment service providers to better capitalize on the $2.2 trillion eCommerce opportunity. Get the Full Story Complete the form to unlock this...
In a relatively new twist on payday lending oversight, small lenders claiming ties with tribal entities cannot claim sovereign immunity when it comes to extending loans and the interest rates tied to those loans. As reported by Courthouse News Service, sovereign immunity does not “shield” payday...
Lloyds Banking Group (LBG) may soon introduce advanced mobile order and pay at the catering locations across all of its locations after receiving “fantastic” feedback from a test run of the service. Get the Full Story Complete the form to unlock this article and enjoy...
According to Pew Charitable Trusts, about 12 million Americans take out a payday loan each year. The typical loan is $375. Borrowers are usually employed full-time (thus the “payday” moniker), must have an active checking account and, by most accounts, would appear to be “middle class” or “working class,” according to Pew. Get the...
Small business owners are considered followers of consumer trends in terms of payments technologies; entrepreneurs use digital financial services in their personal lives, so that will naturally carry over into when they are managing the finances of their companies. Get the Full Story Complete the...
In the U.S., the debate continues over the payroll card and whether it’s a tool to provide key resources for underbanked employees or one that unfairly burdens them with fees. Proponents of the tool argue that they offer underbanked workers access to the banking system...
As banks look to expand their digital offerings, they face the challenge of creating solutions that are simple enough to encourage adoption, yet secure enough to safeguard financial data. The May edition of the Digital Identity Tracker™ profiles Hari Gopalkrishnan, Client Facing Platforms Technology Executive...
Oracle has been in a tight race with rivals, like Salesforce and SAP, to provide cloud services to the enterprise. But a lawsuit filed on Wednesday (June 1) says Oracle could be in hot water over its own use of the cloud. Get the Full...
Determining who represents good credit risk – and who doesn’t – is as much art as science for card issuers and other lenders. VantageScore 3.0 can begin to help lenders discover the meaning behind credit score movements big and small, says SVP Sarah Davies.
