Alternative Credit

Big Banks And Loan Platforms’ Speed Wins Best SME Loan Customers
March 17, 2015

Successful small businesses want loans faster, and that means they’re turning to big banks and marketplace lending platforms instead of small banks, according to a monthly report from Biz2Credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Square Discontinuing Order App
March 16, 2015

Just about a year ago Square pulled its consumer facing digital wallet – Square Wallet – in favor of a new app called Order. Order allowed consumers to place their coffee order (and purchase it) from their smart phone. Get the Full Story Complete the...

Alibaba Creates UK Partnerships For Small Business Trade
March 12, 2015

Alibaba has made a move into the U.K. through an alternative lending partnership aimed at enabling small businesses’ financing options for those buying from Chinese suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Alternative Credit
Startup 21 Inc. Nabs $112 Million To Help Bitcoin Go Mainstream
March 11, 2015

The price of bitcoin may have declined dramatically from its $1,800 per unit price in late 2013, but Silicon Valley’s most respected investors are still feeling the love for the virtual currency.  San Francisco-based 21 Inc. has raised, over a series of rounds, $116 million...

Square’s Small Business Play
March 09, 2015

Square has evolved far past the the mobile POS systems that made it possible for small businesses to accept credit card payments with technology no more complicated than an iPad or iPhone.  Since the service that “launched 1,ooo mPos systems,” Square has launched P2P payments...

Is Alternative Lending Becoming A Trillion-Dollar Marketplace?
March 06, 2015

Now that lending marketplaces are a proven financial business model, startups are beginning to push it out to serve very specific lending niches, in what is expected to be a trillion-dollar marketplace lending industry, TechCrunch reported. Get the Full Story Complete the form to unlock...

Western Union: Women Move Half of Global Remittances
March 05, 2015

Not only do women move half of global remittances, they send a greater percentage of their wages than men. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Google’s Coming Mobile Network
March 03, 2015

Telecoms beware, a new player with almost unimaginably deep pockets is stepping onto the field and potentially changing its pitch entirely. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Alibaba’s Ant Financial Adds Credit Rating Service
March 03, 2015

While it has been widely known for months that Ant Financial Services Group — Alibaba’s financial arm — has been developing a credit scoring service, the company has now officially started offering the service with the backing of China’s Central Bank. Get the Full Story Complete the form...