Ohio Senator Sherrod Brown has written CFPB director Richard Cordray to explicitly demand that the federal empowered consumer watch dog group take a closer regulatory look at payday and other small amount lenders. Senator Brown’s letter comes in the wake of a decision by the...
KYC Exchange Net (KNC) has signed service contracts with Commerzbank, Société Générale and Standard Chartered for access and exchange of Know Your Customer (KYC) data between banks and their clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The social networking app Path announced last week that it was launching a new standalone messaging app – Path Talk – and was planning on acquiring the business messaging service TalkTo. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
According to recent reports, the supply chain for McDonald's in the U.K. employes about around 13,000 people per year and contributes at little under $100M to the U.K. economy each year. More remarkable that how many people it serves or employes, or even how many...
Consumers’ shift from cash to credit in payment methodology is now leading charities to come up with different ways to accept donations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Under provisions of an annex to the Trade in Services Agreement (Tisa) leaked by WikiLeaks, countries might be unable to prevent their sensitive financial data from being released. According to a recent Finextra article, WikiLeaks recently published what it claims to be a draft of...
Keith Alexander, the former National Security Agency chief and head of the U.S. Cyber Command, recently spoke to cyber consultants about the potential dangers facing the financial industry. According to a recent Bloomberg article, Alexander retired in March, but is now trying to speak directly...
Business of all sizes want to be as efficient as possible and make a profit. Why would colleges and universities be any different? However, three schools in Iowa are questioning the results of a Deloitte study that suggested that a better sourcing and procurement process...
The Welsh government announced last week that it had a new strategy that will save the nation’s procurement of construction and facilities management (FM) sector £5.7 million per year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
