Square supersizes Square Register, DraftKings up global payments game, New study sheds light on the financial invisibles. | | Payments as a Service PYMNTS Tracker⢠|
TRENDING: How DraftKings Ups Its Payment Game Thereâs nothing imaginary about the scope of the fantasy sports market, valued at an estimated $7.22 billion in the U.S. â or the complexities of managing payments for those platforms. In Octoberâs Payments as a Service PYMNTS Trackerâ¢, DraftKingsâ chief international officer, Jeffrey Haas, discusses the companyâs efforts to improve the global payment experience and the challenges of navigating regulatory requirements in different markets. Plus, notable developments across the PaaS space and over 100 providers in the directory â including five new additions â in the Tracker. Read More... |
KYC: Knowing Your (Onboarding) Costs $60 million. $300 million. One month, four months? Welcome to the well-meaning but truly inefficient world of onboarding and KYC â where financial services firms are mired in manual processes and where wait times are forever, and expensive. But that is all likely to change with a bit of digital know-how, as Trulioo VP Anatoly Kvitnitsky tells us in the latest Data Drivers. Read More... |
Payday Lending Rules Seem Likely To Escape The CRA When the CFPBâs arbitration rule fell to the CRA last week, some began to think the payday lending ruleâs days were numbered. But, three weeks since the new rules dropped, it is looking increasingly less likely that the CRA will end up an important part of the payday lending regulatory story. The will among legislators seems to be lacking, financial services isnât quite so unified on this issue â and even the payday lending industry thinks litigation is going to be a lot more helpful here than legislation. Read More... |
| PYMNTS Financial Invisibles Index | NEW STUDY: Who Are The Financial Invisibles? Even in todayâs world of high-tech financial tools, not everyone is guaranteed a bank account or credit card â and not everyone even wants one. But why? The inaugural edition of the PYMNTS Financial Invisibles Index, a Unifund collaboration, sheds light on the financial invisibles â who they are and whether theyâre invisible by choice or a choice made for them by a financial institution. Dig into more than 460 data points on this landmark study of ~2,000 consumers and the financial personas they represent inside the Index report. Read More... | | |
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