BMW has tapped MasterCard for a contactless credit card that will let users of the DriveNow car-sharing service pay for, unlock and operate a DriveNow car, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Regulators around the world are stepping up anti-money-laundering (AML) efforts, and, as a result, lenders are tightening the screws on cross-border payments, according to Corporate Treasurer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Think online shopping is the perfect way to get around restrictions on when brick-and-mortar stores are allowed to be open? Think again — this week the Hungarian government said that e-commerce deliveries can’t be made when shops can’t stay open, according to Hungarian business publication...
Regulations on lending could harm consumers, according to Joshua Wright, one of the five Commissioners of the Federal Trade Commission and a leading economic scholar. Wright recently released a comment on December 26, 2014 that lays out the case for caution in imposing limits on...
According to a research analyst at Goldman Sachs, JPMorgan Chase just isn’t living up to its full potential. This is despite holding over $2.5 trillion in assets at the end of the third quarter of 2014, making it the nation’s largest bank. Goldman’s lead banking...
A new credit union in Colorado formed specifically to serve legal marijuana businesses could be a turning point for the fledgling pot industry, according to CNN. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
More than a million people in the U.K. will see the cost of their borrowing fall now that new price caps on payday loans have taken effect, the Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. payments industry lacks common standards for interoperability, and that’s standing in the way of faster payments and better payments security. That’s the conclusion of a Federal Reserve-sponsored symposium on payments innovation, according to the Chicago Fed Letter. Get the Full Story Complete the...
When interest rates rise in mid-2015, the credit-card business will likely see more subprime cardholders, higher credit losses for card issuers and greater reliance on customers who use their cards to borrow, not just earn rewards, American Banker reported. Get the Full Story Complete the...
