credit

Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated

Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
December 16, 2020  |  ANTITRUST

According to Mexican regulators, the two companies in charge of the country’s credit and debit settlements represent “a near monopoly,” and big businesses need to...

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PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants
PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants
December 16, 2020  |  Financial Inclusion

Welcome Technologies, which builds data-driven tech for immigrant communities, has chosen PSCU, a credit union service organization, to provide processing services and support for the...

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ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud
ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud
December 16, 2020  |  Mobile Order Ahead

More than 100,000 eateries — or about one in six restaurants nationwide — have closed due to the pandemic, according to National Restaurant Association estimates. The...

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UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

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An AI Blueprint For More Profitable Portfolios In 2021
An AI Blueprint For More Profitable Portfolios In 2021
December 14, 2020  |  Artificial Intelligence

Want to know what 10,000 U.S. consumers think about artificial intelligence (AI) as it relates to their financial lives? Just ask them, as was done...

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This Week In Payments: Regulatory Action, Big IPOs And Shifting Payments Preferences
This Week In Payments: Regulatory Action, Big IPOs And Shifting Payments Preferences
December 11, 2020  |  News

It’s always a busy week in payments and commerce. But as Karen Webster told Edison Partners’ Chris Sugden during the latest edition of “This Week...

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Personal Loan App Ranking Rocking With Action
Personal Loan App Ranking Rocking With Action
December 10, 2020  |  Mobile Applications

Credit’s tight this winter, helping to explain some of the movement seen in PYMNTS latest Provider Ranking of Personal Loan Apps. As small businesses and...

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Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
December 10, 2020  |  Payments Innovation

Verizon Business customers will now be able to utilize Fiserv’s Clover Flex point-of-sale devices to conduct touchless payments, in addition to Fiserv merchant services such...

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Five Key Takeaways From PYMNTS’ BNPL Study
Five Key Takeaways From PYMNTS’ BNPL Study
December 10, 2020  |  Buy Now Pay Later

Buy now, pay later (BNPL) may not be the most used payment option this holiday season, but it’s definitely the fastest-growing and most talked about,...

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