Seattle-based startup Remitly has raised another $12.5 million to help Indian and Filipino immigrants send money home from the U.S., according to a March 19 press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Yesterday (March 23) the Network Branded Prepaid Card Association (NBPCA) formally requested that the CFPB show “restraint” as it goes into its final rule making on prepaid products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Federal Trade Commission is launching a new research office to do deeper dives into privacy, new payment methods and the Internet of Things (among other things), the FTC announced in a pair of blog posts on Monday (March 23). Get the Full Story Complete...
Payments platform Stripe is relaunching its Stripe Connect service, a set of tools for managing more-complicated-than-usual scenarios that involve accepting credit and debit cards — such as making sure on-demand economy workers and crowdfunding campaigns get paid, the company announced on Monday (March 23). Get...
Democrats and Republicans from the U.S. House of Representatives have come together in a bipartisan effort to form the Congressional Payments Technology Caucus (CPTC) — a group aimed at exploring innovative payments technologies. Get the Full Story Complete the form to unlock this article and...
The Consumer Financial Protection Bureau may be preparing to ban mandatory arbitration clauses in consumer finance agreements, Bloomberg News reported on Friday (March 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Despite pressure from politicians, the U.S. and its allies won’t push to expel Russia from the SWIFT global financial-messaging network, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Indian eCommerce giant Flipkart is preparing to shift its business to an Alibaba-like marketplace model, unnamed Flipkart suppliers have told the Times of India’s Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.K. government plans to impose anti-money laundering (AML) regulations on bitcoin exchanges, beef up law-enforcement capabilities for spotting criminal use of digital currencies, and work with the digital currency industry on consumer protection standards, according to a British Treasury report issued this month. Get...
