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Operation Choke Point 2.0

Jeff For Banks

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. The FDIC's quarterly Supervisory Insights for Summer 2011 had a list! What were disfavored industries?

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PC Market Notches First Year Of Growth In Years

PYMNTS

As Microsoft concludes its support for Windows 7 and companies need to upgrade their legacy devices, the PC market has reportedly had its first year of growth since 2011. Both firms have widely agreed on the direction of the PC market , but they differ a bit in their count of devices. percent to 266.7

Marketing 131
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WorldRemit opens Toronto office to help grow Canadian customer base

Bank Innovation

-based digital money transfer company WorldRemit opened its Canadian headquarters in Toronto this week, a move that puts it in the midst of a growing market for cross-border payments solutions among immigrant populations.

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Risk-Aware Marketing to Personalize Telco Customer Engagement

FICO

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

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Airbnb Considering A Move Into Long-Term Rental Market

PYMNTS

to research the market. has reportedly performed a competitive analysis of Craigslist, which currently dominates the rental market in many cities. Airbnb had no comment on this specific matter, but a spokesperson noted that “examining different parts of the market is standard operating procedure.”. McKinsey & Co.

Marketing 100
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Chatbots Bringing On Business Operations Revolution?

PYMNTS

Now while Facebook initially launched its Messenger chat service in 2011, it wasn’t a major hit right away and the social media giant continued to refine its offering. One surprising industry that’s entering this market is insurance. Cambridge, Mass.–based

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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

PYMNTS

The Berlin-based firm said it plans to use the money to speed up its expansion and “deepen its footprint” in the 50 countries where it currently operates, with a special focus on the United States, Japan and Brazil. Nearly a decade later, this is more true now than ever, particularly given developments over the past year.”.