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Connecticut Learns From NY’s Payroll Card Strifes

PYMNTS

Weeks after New York state introduced new legislation aimed at protecting employees from excessive fees while using their payroll cards, a neighboring state is gearing up for its own laws targeted at the tool. 28) said Connecticut is preparing for a new statute to legalize payroll cards. Reports on Wednesday (Sept.

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Payrailz Partners With Mastercard For Real-Time Bill Payments

PYMNTS

The goal is to offer users an easy way to view, manage and pay bills. Payment can be handled with cards, real-time payments or bank transfers. The Glastonbury, Connecticut startup Payrailz was founded in 2016 by co-founders Fran Duggan, Paul Franko and Rich Pelikan. Payment confirmation from the biller happens in real time.

Payments 147
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People's United Bank On How ML And Rules-Based Analysis Work In Tandem For Fraud Prevention

PYMNTS

Connecticut-based People’s United Bank has seen this trend in action in recent months, said Karen Boyer , the financial institution's vice president of financial crimes and fraud intelligence. Cash users [shifted] to physical cards and the physical card users [shifted] more to.

Analysis 165
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CFPB highlights bank account or service complaints in fifth monthly complaint report

CFPB Monitor

The new report highlights bank account or service complaints and complaints from consumers in Connecticut and the Hartford metro area. Complaints about prepaid cards showed the greatest percentage increase, increasing about 193 percent from the same time last year (August to October 2014 compared with August to October 2015). (In

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103
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On Demand Pay Finds A Home In Financial Services

PYMNTS

Any number of variables can highlight how the traditional two-week pay cycle puts pressure on the management of household finances. It’s well known that individuals must pay bank and auto loans, utility and credit card payments in a timely manner or risk facing penalties. high-interest cash advances,” he said.

Taxes 170
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The Perfect Credit Score: Understanding the 850 FICO Score

FICO

These states also tend to demonstrate other “high achiever” behaviors in areas such as having a healthier lifestyle and higher education levels which likely correlate with sound credit management behaviors. How FICO Can Help You Understand the FICO Score: Read What is a FICO® Score?