The Latest

The information you need to start your day, from PaymentsSource and around the Web. Today: Facebook wants more data from banks; Arizona opens a fintech sandbox; Alipay gets fined; Visa offers credit to small businesses.

But data privacy is likely to deter banks from partnering with the social media company; the online listings company wants to "reshape" the market.

Zillow claims 35 million renters visit its websites and mobile apps each month in search of a home or apartment. This network of landlords and renters has been built off the back of listing property values, real estate sales, taxes paid, photos and more for homes, condos and apartments.

Given how much financial activity occurs every second, every day, it’s important for banks and financial organizations to develop a robust AML strategy that is effective in stopping fraudsters in their tracks, according to Gaurav Deshpande, vice president of marketing at TigerGraph.

The bank's predicament suggests that the Trump administration's hard-line stance on immigration can cause headaches for financial institutions.

The unnamed customer, who was on a list of suspects involved with weapons of mass destruction, used an HSBC credit card to make 12 payments in the second quarter, the company told shareholders Monday.

The debit card option will allow Spotify to reach new users in the country including those who don’t have a credit card or want to keep their information private.

Consumers' growing dependence on smartphones makes it all the more crucial to be prepared to do business where your members are.

Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.

Toyota Financial Services has promoted a company insider to replace Mike Groff, who is retiring at the end of this month.