Alternative Credit

Alternative Credit
Credit Karma Raises New Round Of Funding
September 30, 2014

Whoever said that no one ever got rich giving something away for nothing had clearly never met the good people at Credit Karma.  The San Francisco start-up that made its name by offering consumers a truly free glance at their credit reports has just finished...

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New Online to Offline Use Case: App-Based Rent Payments
September 29, 2014

Sometimes a very modern idea can have a throughly retro name, as evidenced by a new app that is seeing if it can move the quintessentially offline experience online.  Though no one has called a home a “pad” since 1989 and no one outside the...

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Square To Now Accept Bitcoin And Apple Pay
September 26, 2014

Coming soon to a Square merchant near you: the ability to pay with bitcoin or Apple Pay.  Square CEO Jack Dorsey recently told reporters in Square’s new Canadian home-base that Square’s next reader will come equipped to handle both alternative payment methods. Get the Full...

The Basement Drops Another Floor
September 26, 2014

Just a few weeks ago we thought that a $500 bitcoin floor was the bottom of the barrel, but bitcoin has dipped even further, reaching a new low, down in the 400’s. This week bitcoin took a long fall down to $410.61 from $450.68.

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Ripple Brings Real Time Payments To The U.S.
September 25, 2014

Payment network Ripple Labs just snagged is to U.S. banks closer to its goal of frictionless payments worldwide.  CBW Bank and Cross River Bank, based in Kansas and New Jersey respectively, will be using Ripple to making global money transfers and payments. Ripple’s first partnership for the...

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Kabbage Aims To Konquer Konsumer Loans With Karrot
September 25, 2014

Kabbage is branching out from the merchants in search of working capital where it built its original business and is now looking to individuals looking for personal loads. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Citi Ditches Paper Checks
September 25, 2014

Citi is finding that for a growing segment of consumers, the demand for physical paper checks has simply fallen to zero. Citi wants to reach those customers and earlier this week announced the launch of the Access Account, a checkless checking account with low or no...

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FTC Cracks Down On “Bogus” Bitcoin Operation
September 25, 2014

The U.S. Federal Trade Commission (FTC) convinced a federal court to shut down a Missouri-based Bitcoin company called Butterfly Labs because, according to the FTC complaint, the company “charged consumers thousands of dollars for its Bitcoin computers, but then failed to provide the computers until...

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Bangladesh Looks To Factoring To Bolster International Trade
September 23, 2014

Regulators in Bangladesh are looking to incorporate factoring as a financing option to help expedite the country’s import/export activities and to provide a means for its manufacturers and exporters to avoid problems associated with deferred payments from buyers. Get the Full Story Complete the form...