Oscar files for IPO, Biden CFPB focused on debt collection, DeFi marks birth of new internet credit markets

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February 8, 2021

PYMNTSTV: DeFi

Trust The Technology: Decentralized Finance Drives Birth Of New Internet Credit Markets

The internet of money is getting a boost from DeFi and CeFi, two concepts that are moving past the early adopter phase to democratizing access to new internet payment and credit markets, Jeremy Allaire, CEO of Circle, told Karen Webster.

 

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PYMNTSTV: Real Time Payments

Igniting Real Time Payments Means Closing Trust, Education Gap

Real-time payments will only reach its fullest potential when the gap between its possibilities and its execution is closed. A panel of industry experts assembled by PYMNTS discussed the issue last week. Deana Bartel, vice president of payment services at Randolph-Brooks Federal Credit Union, Nubia Valenzuela, vice president of payment services at SchoolsFirst Federal Credit Union and Alacriti Senior Vice President Carl Robinson took to PYMNTSTV to share their thoughts.

 

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Consumer Protection

Biden’s CFPB Focuses On Debt Collection As Early Priority

The Biden administration may ramp up scrutiny of debt collection processes, among other activities, tied to payment services like Venmo. Here are some of the near-term priorities – and what might lie ahead.

 

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How We Live

HousingAnywhere Thinks Global, Acts Local To Build Rental Platform

With $29 million in new Series C funding, EU online rental platform HousingAnywhere is aiming to become a global marketplace for property managers all over the world. CEO Djordy Seelmann told PYMNTS that payments are the workflow it has started with, but the aspiration is to take on more services so property managers can focus on their tenants.

 

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Financial Wellness

Not Candy Crush: Gaming App Focuses On Consumers’ Financial Goal Setting

Charlie uses the techniques of gamification to offer consumers a financial wellness plan designed to be actually attainable. Charlie CEO Ilian Georgiev told PYMNTS that his long-term goal is to grow the company into a financial services platform that serves debt-addled consumers.

 

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Global B2B Payments Playbook

Amazon Business Takes Personalized Approach To Cross-Border B2B Payments

Keeping B2B supply chains running smoothly — and quickly — when cross-border commerce is involved requires payments flexibility and personalization. In the Global B2B Payments Playbook, Ragui Selwanes, director of business payments for Amazon Business, explains the value of configurable invoicing and virtual cards in giving global businesses the tools they need to compete.

 

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