Recent News

LENDING

End of Payday Loans? CFPB Final Rule Sets Small-Dollar Loan Cap

10.16.2017

The Consumer Financial Protection Bureau has released a final version of its rule around short-term, small-dollar loans, which includes a cap of 36% on such loans, far below what many payday lenders charge.

TECH

With New Ecosystems, Is the Future Bright for Banking?

10.16.2017

Next year is likely to be a game-changing year for the banking and finance sector. As the General Data Protection Regulation (GDPR) and Revised Payment Service Directive (PSD2) are implemented across the European Union, the exclusive control of banks and other financial institutions on financial data of their customers is about to end.

O & ME

A Better Way to Pay Consumers: Making the Move to Digital Disbursements

10.16.2017

Sometimes life simply moves too fast for paper checks and other slower payment options. Businesses that send payments to consumers are well aware of this reality, yet nearly half of all consumer disbursements made each year– insurance claims, rewards, rebates, refunds – are still made by check, according to an Aite Group study.

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