Online lender Lending Club said Tuesday (June 28) that its founder and former CEO borrowed from the company in what amounted to an effort to boost the reported lending volumes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
High flying. Tech-centric. Illusive. In demand. Temperamental. That’s the millennial – the unicorn of the financial services industry. TSYS Director Jeff Hampton offers some insight from his company’s brand new research on how to capture their hearts, minds and spend of a group that will...
In the continuing saga of Green Dot and corporate structure and C-suite level executives, the company said Monday that William I. Jacobs has been named chairman of the board, as the firm has separated the chairman and chief executive officer roles. Get the Full Story...
Merchant acquirers face a conundrum. They must keep acquiring merchants – and yet need to do so with speed and efficiency, but are stymied by an inefficient onboard process. Agreement Express CEO advises merchant acquirers to Pac-Man and rock blast their way to onboarding efficiencies.
Issuers are taking it on the chin headed into the final hours of stock trading on this historic Friday post Brexit. The payments companies are not faring any better. Those firms with hopes of cross-border transactions as reliable revenue streams also face rocky shoals. Get...
The New York State Department of Labor said earlier this month through a published proposed rule that current consents are invalid for direct deposit and must be reinstated by employees. The comment period is through July 15 of this year. Get the Full Story Complete the...
Oberthur Technologies (OT), a provider of embedded security software products and services, has rolled out a multi-payment dual interface card. 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...
It’s been said that the job of the Federal Reserve, at least as far as monetary policy is concerned, is to take away the punch bowl just as the party is getting started. Get the Full Story Complete the form to unlock this article and...
Is Donald Trump bad for business? 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 daily newsletter, PYMNTS Today. By completing this form, you agree to...