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Subprime Lender MAS Financial Drops MoneyGram as PayNearMe Usage Climbs

Subprime lender MAS Financial is starting out the new year out with a pair of payment-related moves. It will add automated payment capabilities to its options at month’s end, and it is cutting ties with money-transfer partner MoneyGram. MAS Financial customers are increasingly using the PayNearMe option, which MAS added about three years ago, Collections […]

Payment Startup Adds Credit Card, Mobile Wallet Options

PayNearMe, a Sunnyvale, Calif.-based vendor that services cash payments for auto loans, is expanding to include debit, credit and ACH payments, as well as mobile wallet integration and payment reminders, parent company Handle Financial announced earlier this month. Historically, PayNearMe provided borrowers a barcode that could be used to make their loan payments at 27,000 […]

New Research Reveals Consumers Prefer Traditional Payment Options

It’s an exciting time for innovation in the payments industry, with new artificial intelligence (AI) and mobile technologies and tools emerging every day to make the bill pay process faster, easier and more convenient for consumers. However, according to Speedpay® Pulse, a consumer billing and payments trends survey of 3,000 U.S. adults responsible for two […]