The promise of real-time payments and the reality of the market are often at odds. That’s not a bad thing — it’s a sign there are pockets of demand that weren’t originally foreseen.
House Financial Services Committee Chairwoman Maxine Waters and over a hundred other lawmakers want the agency to go forward with a mandatory underwriting requirement for payday loans.
Payments are a big business and the market is evolving. Emerging technologies and shifts in consumer behaviors and expectations are reshaping the payment process landscape.
Visa’s decision on how or if it will participate in Facebook’s Libra will be based on how the social network handles the mountain of criticism and requirements that global regulators and lawmakers are heaping upon it.
Financial institutions are in the midst of a digital revolution due to emerging, innovative technologies and shifts in consumer behavior and expectations. Payment processing is no exception.
The U.S. payment system is at a critical juncture as advancements in computing speed and an influx of new payment solutions, and providers, reshape the global payment processing landscape. Here's what you need to know.