The CFPB’s crusade against bill packing, wherein consumers bills are laden with charges for services they neither requested nor approved, rolls on, now with telecom provider Sprint as its target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Five retail trade organizations including the Food Marketing Institute, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation and the Retail Industry Leaders Association have written to the United States Comptroller of Currency and the Senate Banking Committee to clear...
The U.S. Payments Security Task Force (PST) was established earlier this year and dared to go where no task force has ever gone before: it has created a roadmap for protecting cardholder data at the merchant point of sale. It was a pretty daunting assignment....
Its newfound investment dollars—which have given the company a $41 billion valuation—are financing a massive international lobbying operation, catching state and municipal leaders offguard, according to an extensive Washington Post probe of Uber’s lobbying efforts. Get the Full Story Complete the form to unlock this...
Enhanced functionality. Ubiquity. A business case. Three things that NACHA CEO and President Jan Estep says makes NACHA’s Same-Day ACH payments proposal not only attractive to the FIs and the payments ecosystem but a whole lot different from the proposal that was presented to banks...
Uber is facing more heat around the world, as well as in the U.S. 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...
While India has the potential to be one of the world’s biggest markets for mobile payments, at the moment the country’s central bank is creating barriers to mobile-payment adoption instead of removing them, according to a blog post by Ensygnia. Get the Full Story Complete...
Banks must—legally—view cyber security as a key part of risk management, said New York’s top banking regulator, according to a copy of a letter he sent to banks that have a New York state charter or license, the Financial Times is reporting. Get the Full...
Amazon has decided that getting the package to customers is half the fun if it can be done in half the time. On land, it’s now testing bike deliveries in New York City—guaranteed delivery within an hour. (And guaranteed personal injury lawsuits within two hours.)...
