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The U.S. car rental industry has frustrated many young adults for years with special restrictions and credit checks for customers under who try to pay with a debit card. But big data is bringing some relief.
February 5
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Paul Stoddart, CEO of Vocalink, has been named president of new payment platforms for Mastercard, starting March 1.
February 5
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The lender collected at least $21,800 that consumers did not owe and harassed borrowers' personal references, according to a CFPB settlement.
February 5
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Shareholders in Subchapter S corporations will get some tax relief of their own under a new Treasury Department rule that will let them take a 20% deduction on qualified business income, which includes loan originations and sales.
February 5
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Tim Green is taking over at the California-based credit union following the retirement of longtime CEO Richard Andrews.
February 5
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Banks are a primary market to be pursued by Blue Hexagon, which received $31 million in venture capital.
February 5
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Technology startups using the Brex credit card for business expenses will soon migrate to the World Elite Mastercard for Business.
February 5
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American Express and Bill.com have launched a system to handle the accounts payable process plus the ability to pay vendors through virtual account numbers.
February 5
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Peru is planning a real-time payment system with Vocalink that will put the country on par with similar systems in Thailand, Singapore, the U.S. and the U.K.
February 5
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Young consumers don't have long credit records, but they do make lots of recurring payments that can feed credit risk decisioning, according to Barrett Burns, president and CEO of VantageScore Solutions.
February 5
VantageScore Solutions LLC
