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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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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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DOJ Nearing Decision On Antitrust Suit Against Google

PYMNTS

Supreme Court to announce a bipartisan investigation into whether the company has abused its position in the online advertising market. It controls one-third of the world’s online ad spending, but 90 percent of the market for some ad tech tools. The two sides settled in 2001.

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GoHealth Surges 20 Pct After IPO Raises More Than $913M

PYMNTS

Shares of GoHealth surged Wednesday (July 15) on the heels of a blockbuster initial public offering (IPO) that saw the online health insurance brokerage raise $913 million. GoHealth’s IPO beat market expectations, with 43.5 million shares priced at $21 apiece. society as the aging Boomer generation heads into retirement.

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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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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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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding

PYMNTS

Know your customer (KYC) policies were introduced with the Patriot Act in 2001 following 9/11, intended to help stem the flow of funding to terrorists. Online account openings increased by as much as 15 percent when social distancing mandates were implemented. One study revealed that 73 percent of U.S.

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