The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment plans. The regulator has released a report focused on these plans and the practices of school-based lenders. It will also continue gathering...
Citi Treasury and Trade Solutions has unveiled a suite of payment solutions tailored for financial institutions (FIs), aiming to help them enhance their client experience. The four new functionalities are designed to broaden and improve the offerings of FIs, making it easier for them to provide...
Fipto, a French treasury management FinTech, has secured 15 million euros ($16 million) in seed funding to enhance its platform. The platform allows companies to efficiently manage their corporate treasury and conduct international payments using both fiat and digital currencies, all powered by blockchain technology,...
For wealthy travelers, flying is reportedly no longer that important to Delta’s frequent flyer program. The airline had kept its SkyMiles loyalty program linked to flying as its competitors chose a different path: rewarding travelers for spending with their credit cards, The Wall Street Journal...
Nordstrom has made three executive leadership appointments within its merchandising and store organizations. Among these appointments is a newly created role: president of Nordstrom Rack stores, the fashion retailer said in a Wednesday (Sept. 13) press release. The chosen executives will begin their new positions...
Consumers become more price-conscious and hesitant to spend on non-essential or discretionary items when prices rise steadily. They may prioritize essential goods and services while cutting back on luxury or non-urgent purchases. This shift in consumer behavior can pose challenges for businesses, particularly those that...
As brands and retailers seek additional avenues to connect with consumers looking to make purchases, Zola, the wedding registry platform, is expanding its reach into the baby market by introducing a new app. The Zola Baby app has been developed in direct response to customer demand. Over...
In the quest to make end-to-end money movement faster, secure and frictionless across borders, Ruben Salazar, Global Head of Visa Direct and Abdul Abdulkerimov, Paysend chairman and co-founder, say simplicity is key. That shared goal is a key part of the reason why Visa and Paysend are strengthening their...
If the pace of innovation today were an athlete, it would be Usain Bolt. That’s how fast the world is changing as new technologies are successfully introduced. But for every great and positive innovation taking place around the world today, there is an equal and...
