February 03, 2020
Top News In Payments: Mastercard CEO Pushes Back Against National...

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s...

February 03, 2020
FCA Tells Credit Cards To Ease Up On NonPayers 

The U.K. financial watchdog the Financial Conduct Authority (FCA) is telling credit card companies to reduce fees on nonpayers’ debt rather than cancel cards, the agency announced on Monday (Feb....

January 31, 2020
Moda Operandi Raises $100M To Invest In Upscale Fashion Marketplace

Online fashion marketplace Moda Operandi announced a $1 million funding boost that it will use to invest in its technology and bolster business overall. Moda Operandi, which specializes in luxury...

January 31, 2020
A Full-Picture Approach To Thwarting Debit Fraud

Debit payments have a $960 million fraud problem — and reliance on analyzing customers' behaviors doesn’t go far enough. Modern security measures must examine the behavioral patterns of all transactional...

January 31, 2020
CFPB Sues Citizens Bank For Violating Truth In Lending Act

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit on Thursday (Jan. 30) against Citizens Bank over alleged violations of the Truth In Lending Act (TILA). It filed the complaint...

January 30, 2020
Berkeley Intros Real-Time Business Payments

Global payments solution firm Berkeley Payments is introducing DirectSend to offer corporates frictionless real-time transfers, the company announced on Thursday (Jan. 30).  Berkeley is also the first Canadian firm offering...

January 30, 2020
GDP Data May Hint At Consumer Spending Slowdown

The U.S. economy is still showing growth, yes, but growth is slowing — and may be slowing enough to stir up some caution. To that end, data from the Commerce...

January 29, 2020
Accounting Background No Longer Needed For CFO Jobs

Having an accounting background is no longer a must for a company’s chief financial officer (CFO), according to a report by The Wall Street Journal. For example, when directors of...

January 29, 2020
FIS Partners With Liberis For SMB Alt Lending

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis, to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release...