Winning the hearts and minds of newly released inmates from federal prison may have been the goal of JPMorgan Chase when it inked a deal to provide them with debit cards, but that strategy seems to be imploding with the financial giant having to fork...
Financial services can be confusing but for non-English speaking ones living in the U.S., which at last count is more than 41 million, accessing financial services and products can be a huge problem. Get the Full Story Complete the form to unlock this article and...
Ridesharing services, like Uber, aren’t only the domain of the U.S. and Europe. They are now making their way to China in a more official and supportive manner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A 42-year-old man charged with running a high-end counterfeit money scheme was hauled into a New York courtroom on Wednesday (July 27) after being extradited from Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Consumer Financial Protection Bureau, which was established in July 2011 on the heels of the financial crisis, has long tried to get credit card companies to disclose more about the rates and fees they charge, and it turns out it isn’t doing such a...
Depending on who you are and where you are in the world, the ISO 20022 framework can mean a lot of different things. Though the standard is nothing new, it’s continued to fuel ongoing confusion about what its true purpose is. Jan Estep, President and...
As is often the case with things associated with the Consumer Financial Protection Bureau, the database it uses to log consumer complaints is an oddly controversial and touchy topic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
When I read the announcement that the Second Circuit had reversed the decision approving settlement of the long-running class action challenging interchange, the short prelude to John Lennon’s “(Just Like) Starting Over” played in my head. That song, if you don’t know it, opens with...
Arguing about politics is an invitation to get drawn into an exchange of polemics, but economic analysis requires a more definite set of evaluations. That’s what makes financial regulation such a sticky subject on Capitol Hill. No matter the political persuasions, there seem to be statistics...