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For Western Union and MoneyGram, the threat of digital payments must be transformed into an opportunity if either company is to survive.
May 8 -
As the CFPB moves closer to updating its debt collection regulations, revising restrictions on phone calls and other communications with consumers must be a priority.
May 8 -
Jill Nowacki has announced plans to enter the credit union consulting space. An interim leader has not yet been named.
May 8 -
Japanese credit card brand JCB is working with Viva Wallet to build its merchant base in Europe as part of its ongoing expansion to new global markets.
May 8 -
Mastercard Inc. Chief Executive Officer Ajay Banga said it’s not his company’s place to put limits on firearm sales. In fact, it doesn’t even have the information it needs to stop such purchases.
May 8 -
Facebook Inc. intends to drive a global expansion of mobile payments on WhatsApp from London, accelerating its efforts to make money off the popular messaging service.
May 8 -
Departments across large institutions remain siloed, which leads to poor customer service. Fintechs are poised to take business from unhappy consumers unless banks address this problem.
May 8Financial InterGroup Advisors -
Consumers expect financial institutions to provide mobile applications that combine ease of use with top-class security features. Biometrics could help credit unions keep up with these high-stakes technology demands.
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The Fed is moving to prepare banks for unexpected shocks tied to weather; rules would be eased for trades between affiliates.
May 8 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Visa's Earthport deal clears regulatory hurdle; Deutsche adds payment cloud; Campus crooks, Mastercard adds more biometrics; Co-op Financial Services reorganizes payments and financial technology.
May 8