Regulation

CFPB Goes After Payday Debt Traps
March 26, 2015

The Consumer Financial Protection Bureau might be taking on payday debt traps. 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 Today. By...

News
SEC Clears Regulatory Hurdles For Small Business IPOs
March 26, 2015

Small businesses will soon be able to go public in the U.S. with smaller regulatory requirements under rules approved by the U.S. Securities and Exchange Commission on Wednesday (March 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
UK Faster Payments Up 13 Percent
March 25, 2015

The U.K.’s Faster Payments Service is steadily nibbling away at the British equivalent of the U.S.’s ACH funds-transfer system, but it’s rapidly displacing checks, according to February statistics from the U.K. Payment Council reported by Cash & Treasury Management File. Get the Full Story Complete...

Global E-Money Service Remitly Raises $12.5M
March 25, 2015

Seattle-based startup Remitly has raised another $12.5 million to help Indian and Filipino immigrants send money home from the U.S., according to a March 19 press release.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Alternative Finances
Prepaid Group Urges CFPB To Back Off
March 24, 2015

Yesterday (March 23) the Network Branded Prepaid Card Association (NBPCA) formally requested that the CFPB show “restraint” as it goes into its final rule making on prepaid products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

FTC Starts Up New Tech Research Office
March 24, 2015

The Federal Trade Commission is launching a new research office to do deeper dives into privacy, new payment methods and the Internet of Things (among other things), the FTC announced in a pair of blog posts on Monday (March 23). Get the Full Story Complete...

Stripe Launches International Support For On-Demand Startups
March 24, 2015

Payments platform Stripe is relaunching its Stripe Connect service, a set of tools for managing more-complicated-than-usual scenarios that involve accepting credit and debit cards — such as making sure on-demand economy workers and crowdfunding campaigns get paid, the company announced on Monday (March 23). Get...

News
US House Delves Into Payments Technologies
March 23, 2015

Democrats and Republicans from the U.S. House of Representatives have come together in a bipartisan effort to form the Congressional Payments Technology Caucus (CPTC) — a group aimed at exploring innovative payments technologies. Get the Full Story Complete the form to unlock this article and...

News
CFPB: Mandatory Arbitration Clauses Favor Banks
March 23, 2015

The Consumer Financial Protection Bureau may be preparing to ban mandatory arbitration clauses in consumer finance agreements, Bloomberg News reported on Friday (March 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...