Almost 50 percent of UK adults used mobile banking in 2018 and 10 percent live an almost cash free life;...
As former director Cordray left the CFPB last week he named an acting director to minimize operational disruption in his words; the White House on the other hand thinks he meant to provoke a response from the administration; the agency now is broiled in confusion over who is the true interim leader as the White House appointed their own interim leader; Mr. Cordray is working off of language in the Dodd-Frank Act to appoint a successor, while the White House is acting on the Federal Vacancies Reform Act that gives the President authority to appoint interim leaders; each leader will have a different mandate and the confusion will need to be cleared up soon. Source.
Amazon Decides to Continue to Accept Visa Cards in the UK, For Now. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Mastercard and JP Morgan have partnered to bring open banking payments to billpaying. This is just the first development from the partnership.
HSBC UK has agreed to a partnership with consents.online, an Account Information Service Provider or AISP; the partnership is the...
The company told investors it has received "investigative subpoenas" from the Securities and Exchange Commission.
Lend Academy provides insight and highlights from the event's keynote speakers in their article; day one featured Scott Sanborn from Lending Club as the event's leading keynote speaker and also included three keynote presentations on regulation in the industry from Congressman Patrick McHenry, Comptroller Thomas Curry and CFPB Director Richard Cordray; day two began with Alex Tapscott discussing blockchain and followed with a variety of insights from leading industry innovators; Lend Academy also reports on PitchIt and the LendIt Industry Awards additionally including key takeaways from the event overall; videos from the event will all be published within the next few days and can be found on the LendIt USA 2017 video page. Source
This panel will explore the opportunities, challenges, and trends shaping today’s POS landscape.
LendingClub announced yesterday an expansion of balance transfer loans which they had previously been calling direct payoff; now more borrowers...
FedNow's launch is imminent, but the U.S. is lagging behind the rest of the world on real-time payments. It may be an advantage.