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Wisconsin Senate proposes new bill to revise money transmission, consumer lenders, collection agency and other financial services licenses

CFPB Monitor

668 was introduced in the Wisconsin Senate. In November 2023, S.B. 668 would make sweeping changes to the state laws governing financial service providers. Continue Reading

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Fiserv’s new HQ approved for state tax credits

Payments Dive

The company is set to receive up to $7 million from the Wisconsin Economic Development Corporation for its new Milwaukee headquarters.

Milwaukee 221
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Fiserv, Affirm partner on BNPL

Payments Dive

Brookfield, Wisconsin-based Fiserv is adding a new buy now-pay later player to its roster. The company said Wednesday that San Francisco-based Affirm will be the first BNPL option integrated into its Carat service, which is directed at larger enterprises.

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Clover revenue growth boosts Fiserv earnings

Payments Dive

During a Wednesday presentation on first quarter earnings, Brookfield, Wisconsin-based payments company Fiserv said global revenue for its Clover operating system for small and medium-sized businesses grew 39%.

Wisconsin 221
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Hundreds Of Jobs Lost As Amazon Cuts Ties With Logistics Company

PYMNTS

Bear Down Logistics, a company that expanded quickly in the past few years delivering packages for Amazon , will no longer be working with the company and was forced to cut hundreds of jobs as a result, according to a report by Bloomberg. The company is ceasing operations in five states after it failed to meet Amazon’s standards.

Company 215
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Boston Telemedicine Company Amwell Prices IPO

PYMNTS

Amwell , the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. The company has set a price of between $14 and $16 per share for its sale of 35 million shares. Ryan Krause , vice president at Epic Systems Corp., million by April.

Boston 159
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Rideshare Rental Startup Expands In New York And Wisconsin

PYMNTS

The company, which is in 29 states, is growing — it added New York City and Madison, Wisconsin, to its roster of cities in 2017. And, companies that provide rideshare rentals like GM’s Maven Gig have been expanding to new cities — such as Los Angeles — as well. Marketplace Over Showrooms.

Wisconsin 132