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Top News In Payments: CFPB Seeks Remittance Exemptions For Small Banks; Regulators Support Traditional Credit Evaluation Alternatives

Top News In Payments: CFPB Seeks Remittance Exemptions For Small Banks; Regulators Support Traditional Credit Evaluation Alternatives
Top News In Payments: CFPB Seeks Remittance Exemptions For Small Banks; Regulators Support Traditional Credit...
December 04, 2019  |  News

In today’s payments news, the Consumer Financial Protection Bureau (CFPB) has proposed to boost the number of smaller banks and credit unions (CUs) that would not be...

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India’s Marg ERP Develops B2B ePayment Platform
India’s Marg ERP Develops B2B ePayment Platform
December 04, 2019  |  B2B Payments

India-based Marg ERP — which provides enterprise resource planning, inventory management and accounting technology to businesses — is reportedly developing an electronic B2B payments platform....

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Finexio Lands $2.5M For Accounts Payable Tech
Finexio Lands $2.5M For Accounts Payable Tech
December 04, 2019  |  B2B Payments

Accounts payable FinTech Finexio has announced $2.5 million in new funding from new and existing investors. Get the Full Story Complete the form to unlock...

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WeWork China Aims To Boost Non-Core Revenue To $30M In 2020
WeWork China Aims To Boost Non-Core Revenue To $30M In 2020
December 04, 2019  |  Cross-border Payments

WeWork China has set ambitious revenue goals that it wants to achieve by 2020, as it tries to overcome repercussions of its parent company’s failed...

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MUFG Links With Recruit For Possible B2B Digital Currency
MUFG Links With Recruit For Possible B2B Digital Currency
December 04, 2019  |  B2B Payments

Japan’s MUFG Bank has confirmed a joint venture with human resources company Recruit Holdings, according to CoinDesk reports Wednesday (Dec. 4), with separate reports noting...

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Invoiced Integrates Payment Processing Via Chase
Invoiced Integrates Payment Processing Via Chase
December 04, 2019  |  B2B Payments

Accounts receivable (AR) automation firm Invoiced is integrating payment processing functionality through a collaboration with Chase and WePay. Get the Full Story Complete the form...

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ECB Has Considered Crypto To Cut Global Payment Costs
ECB Has Considered Crypto To Cut Global Payment Costs
December 04, 2019  |  Cryptocurrency

The European Central Bank (ECB) has considered using a public digital currency if international payments inside of Europe stayed too expensive.  Get the Full Story...

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Robinhood Tops 10M Subscribers
Robinhood Tops 10M Subscribers
December 04, 2019  |  Investments

Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec....

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