PYMNTS
MARCH 12, 2020
She was also the CEO of Amazon subsidiary Quidsi, based in her native New Jersey, The Seattle Times reported. At SoFi , based in Silicon Valley, Renz will lead the FinTech startup’s credit card, brokerage and bank account businesses, one of the sources told WSJ.
PYMNTS
OCTOBER 18, 2020
Plaid's software includes helping popular apps like Venmo , Coinbase , Square and Stripe access bank and credit card info, and the company says they “have been working with TD for quite some time, and are disappointed that they resorted to litigation and false allegations.”. Plaid faced a civil suit on Wednesday (Oct.
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PYMNTS
JANUARY 22, 2020
Provident Bank, a New Jersey-based financial institution (FI), will issue a comprehensive suite of commercial payment solutions in conjunction with First Bankcard. The corporate card program has higher limits to accommodate individual client spending habits.
PYMNTS
FEBRUARY 23, 2020
Accounts receivable (AR) automation firm Billtrust has appointed Mark Shifke as chief financial officer (CFO), bringing more than 35 years of financial and legal experience — including most recently as the CFO at fintech Green Dot — to guide the firm through its next phase of growth, the company announced in a recent blog. .
CFPB Monitor
OCTOBER 12, 2020
Topics will include credit card and payments regulation, fair lending, Fintech developments, enforcement developments, student and mortgage lending and servicing issues, debt collection, Community Reinvestment Act rules, and anti-money laundering. More information, including how to register, will be available in the coming weeks.
PYMNTS
DECEMBER 11, 2017
In April, Affirm reported it had processed more than 1 million consumer installment loans made by Teaneck, New Jersey-based community financial institution Cross River Bank. We are excited to have GIC as a long-term partner that offers a unique network and insights on the evolving global FinTech market.”.
Gonzobanker
DECEMBER 19, 2022
As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. In 2021, there were more than 120 fintech IPOs in the U.S., Acronym of the Year – CCCA (Credit Card Competition Act). Oh, what a mere 12 months can do.
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