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New US Businesses Up 12 Pct, Highest Since 2007

PYMNTS

It’s the most since 2007, WSJ writes. based Danielle Payton, who started an online fitness program called Kuudose, and Wisconsin-based Ian Oestreich, who started a bike mechanic business. based Madison Schneider, 22, who opened a coffee shop called Lela’s Bakery and Coffeehouse just this month. Other examples cited included Miami, Fla.-based

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Fed Consumer Finance Survey Reveals Online Banking Usage, (Slightly) Higher Debt Burdens

PYMNTS

But they show an increasing interest in online banking, an attempt to grow savings — and a higher debt burden. Online Banking . The Fed also delved into whether use of online banking during 2016 to 2019 had reduced use of banking services in a physical setting. percent in 2007. percent in 2007. Overall, 98.7

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Hitachi Payment Services receives RBI's final authorisation for Online Payment Aggregator licence

The Paypers

Hitachi Payment Services has announced that it received the final authorisation from the RBI to operate as an Online Payment Aggregator, under the Payments and Settlement Systems Act, 2007.

Online 36
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Virginia Sues Online Lender Over Consumer Loans

PYMNTS

Virginia is suing one of the largest online lenders in the U.S. In the newspaper’s story, Attorney General Mark Herring advocated for stronger laws to “protect Virginians from predatory loans, whether issued online or in person.”. after reportedly charging Virginians millions in interest and fees.

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Singapore’s HIV Registry Data Exposed Online

PYMNTS

million people were compromised, Singapore’s Ministry of Health said the personal details and HIV-positive status of 14,200 people were placed online. It also has information on 8,800 foreigners up until December of 2011 and 2,400 contact up to May of 2007, noted TechCrunch. TechCrunch reported that Mikhy K.

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Waze Introduces Contactless Payments At ExxonMobil, Shell Stations

PYMNTS

Founded in 2007, Waze said it had 130 million monthly users as of February 2020. Google, the world’s dominant online search engine, has faced growing regulatory scrutiny in recent years. Val Demmings (D-Florida) on Google’s 2007 acquisition of DoubleClick and its 2017 decision to merge DoubleClick’s data with user account data.

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Online Lending And A Tale Of Two Fed Studies

PYMNTS

Online consumer lending – in a variety of forms – has grown explosively over the last decade. Its team of economists takes a rather dim view of the online lending space and the ways in which it recruits and handles its customers – and believes that additional regulation is needed to rein in some of the excesses their research uncovered.

Study 101