PYMNTS.com Bitcoin Price and Volatility index. 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 completing this form, you agree to...
The mobile wallet wars make strange bedfellows. This week, CurrentC stayed on the defensive while Google could be heard singing Apple’s praises as the rising Apple Pay NFC tide has lifted all boats (albeit very, very slightly). Get the Full Story Complete the form to...
A former FDIC head has accused the U.S. Justice Department’s Operation Choke Point of being “a serious abuse of government power” that harms the U.S. economy and especially hurts unbanked Americans who use payday loan services, American Banker reported. Get the Full Story Complete the...
Russia may ban circulation of the U.S. dollar in the country, the Azeri-Press Agency reported on Wednesday (Nov. 5). 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...
American Express is about to launch a $10 million campaign aimed at helping small U.S. retailers meet the October 2015 deadline for installing EMV chip-and-PIN point-of-sale terminals, Business Solutions reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A series of compliance-driven regulations might be enough to push more correspondent banks to cut local bank ties to avoid “regulatory burden strangling their margins,” according to a Corporate Treasurer article. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The CFPB wants to take a closer look at overdraft fees, stating Monday (Oct, 27) that it tends to view overdraft as a form of short-term credit, and thus subject to the types of stringent regulations that the CFPB favors for shot-term lenders. Get the...
The day after Visa signaled that it will raise the interchange fee charged to U.S. banks next year, both Visa and MasterCard “are on the verge of lowering the processing fees paid by Canadian merchants, a move that reflects the traction merchants have gained with...
In a potentially significant ruling from the Financial Crimes Enforcement Network (FinCEN), Bitcoin platforms are being reclassified as money transmitters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....