Facebook mobile payment app to be tested

Dec 17, 2019 Dave King

Facebook mobile payment app to be tested

Mobile payment solutions have long been marked as the next big thing in consumer technology by industry experts. Despite the predictions, mobile transactions have failed to catch on with consumers for a number of reasons. Some payment systems


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Consumers are turning to alternative lenders over banks

Dec 17, 2019 Sean Albert

Consumers are turning to alternative lenders over banks

In the wake of the financial crisis, banks became far more stingy in their lending practices, turning down more applicants than ever and charging high interest rates on those who were able to qualify for a loan. As a result, alternative lending


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Blockchain: An Anti-Money Laundering Compliance Asset?

Dec 17, 2019 Philip Burgess

Blockchain: An Anti-Money Laundering Compliance Asset?

How could blockchain impact anti-money laundering compliance? In this article, we explain how blockchain works as well as its applications in customer due diligence. 


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Auto lending hits high as lawmakers request CFPB information

Dec 17, 2019 Philip Burgess

Auto finance in the United States is heating up, as consumer credit for auto loans hit high marks early in 2013. According to Equifax, $69.6 billion in auto financing was provided to American auto buyers from lending outlets in January and


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Apple's iBeacons to revolutionize electronic payments

Dec 17, 2019 Dave King

Apple's iBeacons to revolutionize electronic payments

Mobile devices are becoming an increasingly popular electronic payment channel as they can lessen how much individuals have to carry in their wallets and reduce the amount of time businesses wait for consumers to find debit or credit cards.However,


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