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Black Swans Are The Sandbox Of New Innovations

PYMNTS

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. We built some of the first eWallets and online marketplaces. That’s the nature of these events.

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Vivier Launches New Online Banking Platform

PYMNTS

Vivier & Company, a boutique financial services company, has announced the launch of its new online banking system, which follows the completion of a cloud-based service for financial institutions implemented by IndiaT4T.

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PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria

PYMNTS

PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement. Customers using Xoom can now go online or use mobile devices to send money to 70 percent of countries around the world via this deal. billion in receivables from PayPal.

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CFPB Opens Floodgates For Online Marketplace Lender Complaints

PYMNTS

The CFPB has officially opened up its online forum for accepting consumer complaints geared at those who have experienced issues from online marketplace lenders. When consumers shop for a loan online, we want them to be informed and to understand what they are signing up for,” said CFPB Director Richard Cordray.

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No Pain, No Gain? GDPR, PSD2 And The New Payments Reality

PYMNTS

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising. 52 percent.

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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

His main exposure to the payments industry was using his Bank of America debit card to pay for things at the store. That brought about an idea to create a card that would give kids — who didn’t have a credit card, but did have access to high-speed internet at school — a way to buy things online.

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Amex And Newegg Pair Up To Make Checkout Rewarding

PYMNTS

Founded in the days after the Web’s first round of booming and-busting adventures in 2001, Newegg was a very focused eCommerce effort that stayed afloat when lots of business were going belly-up, because in some sense it was selling the right thing to the right group people online: computer hardware and software.

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