As the rise of e-commerce and mobile payments continues to threaten the champion status of cash, the market has threatened to leave behind the un- and under-banked population. ALTPAY wants to scoop up those consumers with a new mobile payment application that can be used...
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...
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...
Internet-connected vehicles are going to become common. How quickly? Gartner is now predicting that in about five years, more cars/trucks will have Internet connections than won’t. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Tumblr on Tuesday (Dec. 2) rolled out an apparently easier way to make purchases through the service. In its own blog post, Tumblr offered simple instructions: “1. Find something you love on Etsy, Artsy, Kickstarter, or DoSomething. 2. Post it to Tumblr. 3. That’s it....
The global payments environment is increasingly crowded, even noisy. Next to Apple Pay, it’s a topic of conversation that’s all over the payments industry for obvious reasons – where there’s global commerce, there’s a need for global payments. But there are specific areas in dire...
MasterCard has asked Australian lawmakers to regulate Bitcoin and other cryptocurrency exchanges exactly the way it does other payments operators — complete with anti-money-laundering and consumer protection features, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
South Africa’s Thumbzup is ready to launch a better version of its low-cost smartphone to make mobile point-of-sale (mPOS) more affordable and accessible through a one-stop option. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
