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Tag: payments
All eyes on buy now, pay later with latest CFPB probe
The regulator is eyeballing some of the highest-valued fintech startups. Read More
Venmo gets more private—but it’s still not fully safe
Enlarge (credit: Getty Images) Venmo, the popular mobile payment service, has redesigned its app. That’s normally news you could safely ignore, but this announcement is worth a closer look. In addition to making some navigational tweaks and adding new purchase protections, the PayPal-owned platform is finally shutting down its global social feed, where the application […]
Chinese regulators order Ant Group to focus on payments, stop short of breakup
Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of consumer loans and wealth management. The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, insurance, […]