CFPB Tear

The Consumer Financial Protection Bureau has been on a recent tear: hitting a small-dollar lender for illegal debt collection practices; warning colleges to improve disclosure of school-sponsored credit card agreements; and an upcoming proposal to regulate payday-type loans with more severity.

EMV Toolkit

Visa has introduced an EMV toolkit to help business owners manage the transition to chip technology for credit and debit cards. VisaChip.com/BusinessToolkit provides merchants with a 10-step implementation guide, downloadable tools and resources, and a module to train employees on accepting chip cards at the point-of-sale (POS).

Mobile Money 2019

According to new research the mobile money market is expected to grow from $12.34 billion in 2014 to $78.02 billion by 2019, at a compound annual growth rate (CAGR) of 44.6% during the forecast period from 2014 to 2019. In terms of regions, MEA is expected to be the biggest market in terms of market size, whereas APAC and NA are expected to experience increased market traction, during the forecast period.

FIGFCU & Fiserv DNA

Farmers Insurance Group Federal Credit Union (FIGFCU) has selected Fiserv’s DNA account processing platform and a host of complementary Fiserv solutions as technology cornerstones for its future growth. Developed using contemporary, standards-based components, DNA provides FIGFCU with 24/7 real-time processing, scalability and robust retail, mortgage and commercial banking capabilities.