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PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants

PYMNTS

Welcome Technologies , which builds data-driven tech for immigrant communities, has chosen PSCU , a credit union service organization, to provide processing services and support for the first credit card program to be offered by Welcome, an online consumer platform that focuses on immigrant communities, according to a press release.

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How Humans, Machines Can Join Forces To Catch Payments Fraud

PYMNTS

The companies said at the time of the announcement that ActOne Extend will help centralize PSCU’s dispute management platform through the use of AI, machine learning and robotic process automation (RPA), utilizing joint efforts between humans and robots. In general, according to McLean, AI can be broken down into three categories.

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Why The Final Payday Lending Rules Are Far From The Last Word

PYMNTS

Reading through the collective reactions of the financial services ecosystem over the last seven days makes one thing very clear: The CFPB may have called its payday lending regulations a final draft, but this process is far from over. All the Reactions Expected (from the People You Expected to Have Them). million comments submitted.

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CFPB Has Spoken: Payday Lending Regs Drop

PYMNTS

He said those profits (however thin) are made by trapping vulnerable customers in “debt traps” that have them constantly taking out new short-term loans to pay off older ones – a process that can cost them hundreds and thousands of dollars over the course of what was initially a “small-dollar loan.”. And there are a few avenues.

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The Final Payday Lending Rule Drops (Now What)

PYMNTS

He said those profits (however thin) are made by trapping vulnerable customers in “debt traps” that have them constantly taking out new short-term loans to pay off older ones – a process that can cost them hundreds and thousands of dollars over the course of what was initially a “small dollar loan.”. And there are a few avenues.

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