Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). The Senate voted Wednesday to approve a joint resolution (S.J. Res. 28) disapproving of the “Defining Larger Participants of a Market for General-Use...
Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on Thursday (Oct. 31) that while more than 2,200 banks and credit unions are part of its network, just 2% of...
Visa announced Tuesday (July 9) that it partnered with Zing, a FinTech that is part of the HSBC Group, to develop an international payments app that Zing launched in the United Kingdom in January. The Zing app allows members to hold funds in up to 10 different currencies,...
If someone stole your phone, how quickly would they be able to steal your money? It’s a scenario that Manhattan District Attorney Alvin Bragg says has become all too common: an unwitting person hands over their phone to someone who asks to use it for...
January 24, 2023
Nearly 60% of consumers now use money-storing apps, which they use for everything from peer-to-peer (P2P) transfers and retail purchases. Capitalizing on this growing user base requires merchants and banks to understand which apps consumers prefer and the features that make them sticky. General-purpose apps, such as PayPal, allow consumers to spend their stored funds […]
October 05, 2018
The last few years have been tough on J.Crew. Sales have slipped consistently, and only showed slight signs of improvement last quarter, mostly driven by J.Crew’s sub-brand, Madewell. Meanwhile, the...
October 14, 2025
Japan’s PayPay’s valuation could reportedly exceed $20 billion as it prepares to go public. The SoftBank-owned payments app is set for an initial public offering (IPO) in the U.S. in December, and investors think the company’s valuation could surpass 3 trillion yen, or $20 billion, Reuters reported Tuesday (Oct. 14), citing sources familiar with the […]
March 05, 2025
Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). The Senate voted Wednesday to approve a joint...
October 31, 2024
Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on Thursday (Oct. 31) that while...
July 09, 2024
Visa announced Tuesday (July 9) that it partnered with Zing, a FinTech that is part of the HSBC Group, to develop an international payments app that Zing launched in the United Kingdom...