The Consumer Financial Protection Bureau (CFPB) has filed a complaint and a proposed consent order against PayPal for illegally signing up customers to its credit service. *|MC:SUBJECT|*
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20th May 2015
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Headline News

The Consumer Financial Protection Bureau (CFPB) has filed a complaint and a proposed consent order against PayPal for illegally signing up customers to its credit service.

Why is PayPal being fined $25m?
 
New Products & Technology

MasterCard has announced the launch of its new payment service, MasterCard Send. It will facilitate payment transactions across borders, p2p, as well as business and government disbursements.

MasterCard launches new personal money transfer service (Infographic)
 

The Bank of England has opened a two-month nomination period during which members of the public can have their say on whom they would like to see on the £20 note.

Who do you want to appear on the new £20 note?
 
Partnerships

NCR Corporation, a consumer transaction technology company, has teamed up with American restaurant firm OpenTable, making it easier for customers to pay for meals with their smartphones.

NCR and OpenTable partner up to improve American diners
 

On Tuesday, Visa announced more merchants, including Dunkin’ Donuts and Pizza Hut, will be joining its online check-out service.

Visa secures more top merchants for Visa Checkout
 
VC

Ripple Labs, a payment technology specialist, has announced that it has received $28m in a Series A funding round.

Ripple Labs gains $28m to create an Internet of Value
 
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