The Federal Reserve’s Regulation D — which limits the number of monthly transactions customers can make with their savings accounts, including automatic payments — is getting a hard look from Congress, American Banker reported. Get the Full Story Complete the form to unlock this article...
Across East Africa, millions are trapped in a cash economy, lacking financial services to help them fight risk, invest in their future and ultimately build better lives. There is an urgent need for the creation of commercially viable products and services for the unbanked and...
Mobile payments platform Braintree is now rolling out its One Touch payment service outside the U.S., adding Australia, Canada, France, Germany, Italy, the Netherlands, Spain, Sweden and the U.K., Mobile Payments Insider reported. Get the Full Story Complete the form to unlock this article and...
PayPal has closed a security hole that could have allowed an attacker to hijack the account of any of its users in a targeted attack, according to VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Retailers feeling the rush of a Black Friday weekend high shouldn’t forget they’re also facing a major buzzkill on New Year’s Day: As of Jan. 1, they’ll face a new version of the Payment Card Industry’s security requirements, according to Crain’s Chicago Business Get the...
For the first time since 2010, federal regulators have released a new guidebook on how to meet anti-money-laundering (AML) regulations, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Lending firm AvantCredit has pulled in $225 million in equity and added to its debt lines, the Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Center for Financial Services Innovation (CFSI) announced Wednesday (Dec. 3) the expansion of its Small-Dollar Credit Test & Learn Working Group with the addition of Canada’s largest credit union, Vancity. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A federal judge on Tuesday (Dec. 3) ruled that most of the data breach lawsuit claims against Target can continue and that banks pressing that lawsuit were almost fully correct in its allegations. That doesn’t mean, of course, that the judge found the claims to...
