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DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Office of the Comptroller of the Currency for its application for a national bank charter.

Report 269

Report San Francisco Lending America 269

PYMNTS

OCTOBER 5, 2020

Money laundering is a pervasive threat, with the United Nations estimating that up to $2 trillion is laundered each year, equivalent to 5 percent of the global gross domestic product (GDP). Online commerce has surged in popularity as the pandemic has limited store traffic, with online marketplaces expected to generate $4.5

Online 141

Online Compliance Report Study 141

PYMNTS

NOVEMBER 25, 2020

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Plus, N26 is launching a subscription-based online banking suite.

National 161

National Fintech US United States 161

PYMNTS

DECEMBER 16, 2020

Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? To that end, as reported on Wednesday (Dec. To that end, as reported on Wednesday (Dec. percent and 37.6

National 160

National New York City Policies New Jersey 160

PYMNTS

AUGUST 13, 2020

The Philippines government has confirmed that Christopher Bauer, a former executive of the bankrupt German payments company Wirecard AG , has died, Reuters reported. . He was part of an ongoing probe by the National Bureau of Investigation and the Anti-Money Laundering Council. .

Report 157

Report Operations Online Fraud 157

PYMNTS

DECEMBER 9, 2020

In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to its POS app in the U.K. Cybersecurity Firm FireEye Hacked By Suspected Nation-State. NEW REPORT: The Banks’ How To Guide To Using AI To Manage Credit Risk.

National 204

National Payments Tools Resources 204

PYMNTS

SEPTEMBER 28, 2020

The Centers for Disease Control and Prevention ( CDC ) has some advice for holiday shoppers who prefer brick-and-mortar stores to online shopping: avoid crowds. The CDC suggested shopping online rather than in person on Black Friday or the days that follow. On the same days, Target is offering its own Deal Days, CNBC reported.

Online 168

Online Guidelines National Examples 168

PYMNTS

OCTOBER 8, 2020

one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release. The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g.

Report 247

Report Fraud Risk Management America 247

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

Retail Online Cards Data 218

PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. FNE made the approval “without conditions,” according to a Reuters report.

Online 163

Online Regulation Retail Regional 163

PYMNTS

FEBRUARY 25, 2020

A study of how consumers in different nations value their personal data found that German users of Facebook would want the company to pay them roughly $8 a month for providing their contact data. Users in the United States, however, reportedly would only ask for $3.50, Reuters reported. Brazil, Mexico, Argentina and Columbia.

Study 141

Study Data Online California 141

PYMNTS

AUGUST 23, 2018

Apple has announced a new initiative that will help its customers support and enjoy America’s national parks. 24 through 31, the company is donating $1 to the National Park Foundation for every purchase made with Apple Pay at any Apple Store, online at apple.com or through the Apple Store app in the U.S.

National 100

National Apple Online Marketing 100

PYMNTS

MAY 5, 2020

a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). brand, is accepting online EBT payment at select locations.

Online 151

Online District of Columbia West Virginia North Carolina 151

PYMNTS

MAY 27, 2020

Unanswered customer complaints is one common example, particularly for companies that are new to amplifying their online channels. A new category is starting to grow around this area of online reputation management, with Lexus one of the latest brand names to embrace it.

Online 151

Online Management social media Branding 151

PYMNTS

DECEMBER 26, 2018

A 2017 Annual Cybersecurity Report (ACR) from Cisco found companies that suffer a data breach could have customer, opportunity and revenue losses exceeding 20 percent. According to Robert Ackerman, Jr., ” Those cyberattacks cost companies in all areas. Ransomware attacks come in waves, and the next one is due.” ”

National 192

National Washington Data Security 192

PYMNTS

DECEMBER 27, 2019

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Online casinos’ monthly revenue more than doubled in the 15 months following the rollout of sports betting in June of last year.

NJ 131

NJ New Jersey Las Vegas Online 131

PYMNTS

AUGUST 28, 2020

31), this year’s Notting Hill Carnival, a London tradition since the 1960’s, can be enjoyed online and in living rooms. New this year because it’s online, viewers will be able to meet some of the people who work year-round to make the performances a reality. Starting Saturday (Aug. 29) and running through Monday (Aug.

Online 141

Online Google New York Course 141

PYMNTS

MAY 8, 2020

For companies like Fiserv, Fidelity National Information Services (FIS), PayPal and others, selling terminals, offering payments platforms and designing checkout buttons, top and bottom lines were poised to move up and to the right. Earnings reports from those companies show just how abruptly things have shifted. Setting The Stage.

Report 245

Report Online New Jersey Conference 245

PYMNTS

OCTOBER 15, 2020

The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or other participants in the sale process and providing false instructions that dupe purchasers into wiring funds to the criminals’ accounts, CNBC reported Thursday (Oct.

Fraud 162

Fraud Report America California 162

PYMNTS

NOVEMBER 13, 2020

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

Online 214

Online San Francisco Trends Marketing Strategies 214

CFPB Monitor

MAY 16, 2022

The CFPB recently issued its annual fair lending report covering its fair lending activity in 2021. . However, in her introductory message to the report, Fair Lending Director Patrice Ficklin stated: “In the United States, incarcerated individuals and individuals reentering society are overwhelmingly men of color.

Lending 148

Lending Report Memphis Tennessee 148

PYMNTS

JUNE 8, 2020

United Kingdom officials gave a California software company access to the private personal data of millions of British residents to answer questions around COVID-19, CNBC reported. The NHS has said it allowed Palantir access to sensitive personal data of patients, employees and residents under a deal to help it cope with the pandemic.

National 130

National Software Google Big Data 130

CFPB Monitor

NOVEMBER 30, 2020

For our financial services clients interested in monitoring important federal and state legal developments, Ballard Spahr has launched a comprehensive, national tracking service designed to serve the needs of specific segments of the consumer financial services industry. These monthly calls will be specific to each tracker.

National 127

National Analysis United States Trends 127

PYMNTS

DECEMBER 17, 2020

Salon division was among the first Citi customers to go online with the offering, according to a Thursday (Dec. For businesses, the card provides centralized reporting that brings different data sources together into one management dashboard. Kao EMEA's U.K. 17) announcement.

Cards 181

Cards Report Mobile Resources 181

PYMNTS

JULY 24, 2020

The July Payments Powering the Platform Economy Report examines how international eCommerce platforms work to create transaction experiences that are compelling and secure for users in each market they serve. Find more about these stories and the rest of the latest headlines in the Report. Get the full story in the Report.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

FEBRUARY 20, 2019

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. To that end, reports came this week that Germany has put a consultation and commentary period in place that will focus on blockchain, with a goal of having a strategy outlined by the summer, Reuters said.

National 161

National blockchain Cleveland cryptocurrency 161

PYMNTS

JULY 10, 2020

In today’s top news, Marqeta prepares for an IPO, and Punjab National Bank was defrauded $491 million by one of its customers. Punjab National Bank Faces Third Major Fraud In As Many Years. Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded of $491 million by one of its customers.

National 130

National Fraud Oakland Payments 130

PYMNTS

MAY 15, 2019

Hatton National Bank PLC unveiled the rollout of HNB Solo in Sri Lanka , personal remittances from overseas Filipinos (OFs) are on the rise in the Philippines , and Canadian bank CIBC is launching a new small business platform called CIBC SmartBanking for Business. Welcome to The Axis, your late look at payments news from around the world.

National 109

National Report Apple Google 109

PYMNTS

FEBRUARY 4, 2020

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. According to ESPN reports , 24 more states are “moving toward” legalization. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

NOVEMBER 25, 2020

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. Old Navy continued to experience meaningful acceleration in its online business as strong customer response to product was further bolstered by compelling and relevant digital marketing investment,” management said. said Tuesday (Nov.

Online 170

Online Branding Retail Management 170

PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. FNE made the approval “without conditions,” according to a Reuters report.

Regulation 130

Regulation Online Retail Regional 130

PYMNTS

NOVEMBER 9, 2020

The RealReal reported on Monday (Nov. The luxury consignment marketplace reported that orders reached 550,084 in the quarter, a 9 percent quarter-over-quarter improvement and a 5 percent year-over-year decline. The RealReal reported $245.4 The RealReal reported $395.2 The company reported $64.4

Trends 140

Trends Los Angeles Report New York City 140

PYMNTS

JANUARY 8, 2021

The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. It said it is striving to protect people’s rights and interests and safeguard national security.

Online 171

Online Regulation Maine National 171

PYMNTS

JANUARY 28, 2019

According to a report in TechCrunch , it marks the second time within a year that Singapore residents’ data has been accessed. million people were compromised, Singapore’s Ministry of Health said the personal details and HIV-positive status of 14,200 people were placed online. TechCrunch reported that Mikhy K.

Online 122

Online Data Fraud Report 122

PYMNTS

AUGUST 1, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. A report in The Australian on Monday (July 31) revealed news that the NAB is adding new features to its small business (SMB) lending unit, QuickBiz, in an effort to build market share.

National 100

National Lending Capital Regulation 100

PYMNTS

OCTOBER 9, 2018

In its report, S&P found nearly 50 percent of SMB borrowers are too unfamiliar with digital lenders to use alternative finance. However, Dave Gilbert, founder and chief executive officer of SMB alternative lending firm National Funding , said he’s seen a trend of growing traction within the small business community.

National 167

National Regulation Capital Industry 167

PYMNTS

DECEMBER 29, 2020

26 as shoppers initiate returns online, but that brands should anticipate longer than typical wait times for their items to ship. Returnly also noted that the return journey begins on Dec. It took shoppers nearly seven days to send back returns in January of 2020.

Report 141

Report United States Retail National 141