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Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart

PYMNTS

DC AG Sues Instacart Over Fees Customers Thought Were Tips. Klarna, the Swedish-based global payments and buy now, pay later (BNPL) provider, reported mixed results for 2020’s first half — a 37 percent jump in operating income, but a 903 percent expansion in overall operating losses. operation in Culver City, California.

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Penske Announces Launch Of Carsharing Unit

PYMNTS

Transportation company Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week. based call center and a local fleet operations team. Penske has also secured reserved parking options at Colonial Parking garages in Washington, DC.

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How Digital Security Could Decide The Presidency

PYMNTS

The recent email hacks surrounding Hillary Clinton’s presidential campaign and the Democratic party are heating up the presidential race and showing off some significant security flaws. This latest breach, which divulged emails from Rinehart’s Gmail to a website known as DC Leaks, used a well-known method called “phishing.”

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.”

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Cardtronics Posts 22 Percent Revenue Growth

PYMNTS

Cardtronics , the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30, 2017 – a 22 percent increase from $328.3 million ($193.5

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Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

securities credit. credit secured by certain investment properties. Possible operating changes In addition, some lenders will need operating changes, such as with their application process. Sometimes they sort of operate in the Wild West, where they make a deal and sketch it out and then formalize it in a loan agreement.

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Five Ways QSRs Are Encouraging Diners To Skip Lines And Order Ahead

PYMNTS

Reward points and discounts aren’t the only tool in the QSR playbook: The tracker found that many companies in the industry are looking to increase the convenience and security of their mobile-order ahead services. The company also planned to make order pickup more streamlined by redesigning its locations.