The Consumer Financial Protection Bureau (CFPB) is intensifying its scrutiny of SoLo Funds, a lending startup backed by tennis star Serena Williams. The CFPB has introduced a proposed rule that would restrict the way SoLo charges its customers. Get the Full Story Complete the form...
As Amazon and Walmart compete to win consumers’ retail spending, it seems the former may have had more success with its summer deals event than the latter, widening the gap beyond even last year’s marked disparity. Get the Full Story Complete the form to...
The right customer data, in the right hands, can have a transformative impact on businesses. But in the wrong hands, the same sensitive information can be leveraged by bad actors and cybercriminals with catastrophic and increasingly costly outcomes. Get the Full Story Complete the form...
Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the week, and platforms were the prime movers. Get the Full Story Complete the form to unlock this article and enjoy...
The outage at Swift that affected the Bank of England also impacted the European Central Bank. 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...
The United Kingdom’s Financial Conduct Authority (FCA) is looking to change its guidance to ensure that financial firms do not treat politicians and public servants unfairly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. 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...
Regulators are painting several types of lending products with a broad brush, bringing an ever-widening swath of lenders under federal purview. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment system, is now resolved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
