It has not been a great 24 – 48 hours for bitcoin. Depending on which pricing index one favors, the price of bitcoin has dropped 36 percent in the last two days and 20 – 24 percent in the last 24 hours or so. According...
Howard S. Dvorkin claims to have perosnally counseled at least 40,000 Americans on getting their debt under control in his capacity as the founder and former president of Consolidated Credit Counseling Services Inc.,a nonprofit that reports having helped 5 million Americans get their borrowing under...
“While I praise the sheer ingenuity of bitcoin and its payments innovation, it should be buried.” 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 to our daily...
Lending Club COO Scott Sanborn has joined the board of private-equity investment platform CircleUp, according to American Banker. 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 to...
More than a million people in the U.K. will see the cost of their borrowing fall now that new price caps on payday loans have taken effect, the Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With alternative lenders LendingClub and OnDeck grabbing headlines with healthy IPOs, the rest of the alt-lending business is feeling the benefits. Alt-lending service provider Biz2Credit has just a received a $250 million commitment from investment firm Direct Lending Investments, TechCrunch reported. Get the Full Story...
A data broker who helped scammers steal millions of dollars from payday loan applicants is the target of a lawsuit filed last week by the Federal Trade Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Walmart and Green Dot have extended their prepaid-card and banking relationship — but only through the end of 2015, which has some analysts worried, according to The Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Former Bitcoin Foundation board member and CEO of the now out of business BitInstant Charlie Shrem has officially been sentenced to two years in prison in connection to activities aimed at helping Silk Road users swap their digital currency for cash. Get the Full Story...
