Lending standards as we understand them today tend to reflect a verdict about our past spending history. In the future, lending standards may be more tied to the things we are doing right now. Get the Full Story Complete the form to unlock this article...
In a push to get customer dollars deposited on their pre-paid product, T-Mobile CEO John Legere used Twitter to announce that customers who elect to have their income tax refund directly deposited to their T-Mobile Visa Prepaid Card will get a $20 credit. The Mobile Money tax...
As banks and nonbanks look for alternatives to payday loans, financial-management startup Even is working on a novel way for people whose incomes vary to pay their bills during lean times, according to American Banker. Get the Full Story Complete the form to unlock this...
Deck the halls, light the menorah, prepare the feast of karamu, shop ’til you drop, then ring in the new year. Wait, something is missing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...
America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...
Adyen And The Changing Face Of Cross-Border Payment Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...
Financially underserved consumers now spend more than $100 billion a year on financial fee and interest charges, according to a report released Thursday (Dec. 11) by the Center for Financial Service Innovation. Get the Full Story Complete the form to unlock this article and enjoy...
There is no shortage of efforts to bring financial inclusion to those in developing economies who lack access to basic financial services. Most have failed for one very important reason – they’ve been unable to scale. The announcement last week of MasterCard’s partnership with The...
