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The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon may join Mexico's mobile pay program; Revolut faces another compliance query; Gaming clips company Medal adds payments; Square co-founder Tristan O'Tierney dies.
March 6 -
The industry cheered the bureau’s proposed repeal of its ability-to-repay requirement, but another part of the rule — on account debit restrictions — was left intact, and some companies aren’t ready to comply.
March 6 -
Several megabanks have sued the National Credit Union Administration claiming breach of settlement in a previous case related to mortgage-backed securities, but trends may favor the agency.
March 6 -
Companies are scrambling to shore up Brexit strategies to ensure their payment systems work, a difficult if not impossible task given the political uncertainty. But it’s also an unavoidable complication, which Tipalti hopes will provide a boost for its service, which is built to expect uncertainty.
March 6 -
As fraudsters get more sophisticated, better funded and increasingly connected, it’s clear that the fight against fraud will be ongoing, not a battle with a clear end, writes Rafael Lourenco, an executive vice president at ClearSale.
March 6ClearSale -
Concerns about an economic slowdown, rising deposit prices and cybersecurity abound, a survey found.
March 5 -
Brick-and-mortar retail isn’t dead yet. Though the trend of retailers closing stores in the face of stiff competition from e-merchants is certainly troubling to commercial real estate lenders, it would be a mistake to conclude that all retail loans are risky. Here's a look at which ones are the safest and, potentially, the scariest.
March 5 -
The interagency panel formed to head off approaching systemic risks must figure out its next move after having undone designations of nonbank firms.
March 5 -
The former credit union will shed its mutual status when it becomes a fully stock-owned company.
March 5 -
The personnel changes are part of a broader shift to boost personal banking at the Chicago bank as commercial banking has typically outpaced retail.
March 5