Key Points:
Proposed Rule:
Payday loan advances would be brought under the same scope as consumer loans.
Fees associated with accessing earned wages early...
Rainforest Secures $20 Million Series A Funding: Key Points
Funding and Investors:
Rainforest, a Payments-as-a-Service (PaaS) provider, secured $20 million in Series A funding.
...
Frost Bank Partners with Finzly for Instant Payments: Key Points
Partnership Announcement:
Frost Bank has chosen fintech company Finzly to implement instant payment capabilities...
Acquisition Overview:
CSG, a Colorado-based provider of customer engagement, revenue management, and payments solutions, acquired iCheckGateway.com (iCG Pay) for an initial $17 million.
...