No More PayDay Lending?

Sen. Kirsten Gillibrand has proposed “legislation aimed at putting an end to current payday lending practices by giving some banking services a new home:  the U.S Post Office” as reported by CNBC. 15 states have effectively outlawed payday loans, limiting loan options for residents there. Allowing the USPS to offer small loan services would further …

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Facebook and Payments

With all of the new mobile payment options hitting the market can Facebook disrupt things even more?

New FICO Score

FICO has acquired start-up QuadMetrics and plans to leverage its “predictive analytics and security-risk assessment tools to develop an industry-wide ‘enterprise security score’ for businesses” according to the Wall Street Journal. A single score could be used both internally to assess a company’s risk as well as externally to measure the risk of its vendors. …

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