The Consumer Finance Protection Bureau (CFPB) has sued online lender MoneyLion, along with 38 of its subsidiaries, over allegedly imposing illegal charges for service members and dependents, a report from ConsumerFinance.gov said. According to the CFPB, MoneyLion violated the Military Lending Act by charging more...
Retail financial advisory firm and independent broker-dealer LPL Financial is now offering a dedicated bookkeeping service to its affiliated financial advisors. With its new Bookkeeping Services offering, LPL can pair its advisors with bookkeepers who have been trained in the industry and understand the needs...
Non-dilutive capital startup Capchase is now integrated with global small- to medium-sized business (SMB) accounting software platform Xero, enabling SMB customers in the United Kingdom to more easily access capital. With this integration, U.K. SMB customers can use the Capchase app in the Xero App...
For today’s major grocers to remain competitive, omnichannel accessibility is key. In a move to drive sales with eCommerce customers, Ahold Delhaize-owned, North Carolina-based grocer Food Lion, which has 1,100 stores across 10 states, announced Monday (Sept. 26) the addition of Food Lion To Go...
Tech stocks have had a reckoning in the past several days — a rally proved short lived, a blip. But the FinTech IPO Index managed to see at least some gains through the past five sessions. Slight gains, to be sure — the group was...
Can a deal-chaser be turned into a loyal customer? The short answer is yes, but there are crucial steps in changing this powerful mindset, with much hinging on checkout experience. In studying the differences between these two very different types of shoppers, patterns emerge that...
Against the backdrop of Europe’s deepening energy crisis, a weak Polish currency, Złoty, and ongoing conflict in neighboring Ukraine, the Polish retail sector has remained surprisingly resilient this year. Yet heading into the winter, consumer sentiment appears to be low, and the macroeconomic picture remains...
Today in B2B payments, Stablecorp is beta-testing a treasury management platform powered by blockchain technology, while Byline Bank has signed with Tassat Group to use its blockchain-based TassatPay to enable real-time payments. Plus, Liberis raised about $154 million to expand its small business funding platform. ...
Banking-as-a-Service (BaaS) startup Treasury Prime is partnering with Bangor Savings Bank to enable it to work with businesses to embed financial services into their platforms. The addition of Bangor Savings marks bank number 14 for the Treasury Prime network, “a key differentiator in the crowded BaaS market,” according to...
