Alternative Credit

Alternative Credit
The FI Payments’ Innovation Survival Kit
July 25, 2014

Competing with disruptors is out and embracing disruption is in, says Capital One’s Head of National Small Banking and Digital Platforms Brian Hamilton. He told MPD CEO Karen Webster that FIs are wrong to think any differently and innovators are wrong to think that FIs...

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eCommerce Sites Continue To Make B2B Push
July 25, 2014

Sure, most people know they can turn to Amazon or eBay for their online shopping needs, but how many company owners turn to those sites for their business needs? Surprisingly, more than one might think. With reports showing that the B2B online marketplace is growing,...

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“Fixed App” Parking App Secures Funding
July 25, 2014

The mobile app that helps fight parking tickets, Fixed, recently closed $1.2 million in seed funding, according to TechCrunch. Investors include Y Combinator, Merus Capital, and more. Fixed is based in San Francisco and launched this January. Get the Full Story Complete the form to...

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Zuckerberg: Facebook’s Focus On Ad Revenue, Not Payments
July 24, 2014

Earlier this month, PYMNTS.com reported that Facebook is testing a “Buy” button that allows certain customers to purchase items placed in the news feed or on ads on the site with a click or two. But don’t expect Facebook to compete against the likes of...

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Where Flexibility Can Help, And Hinder, B2B ACH Growth
July 24, 2014

NACHA, which oversees the nation’s automated clearinghouse system, has made great strides in recent years to help companies facilitate ACH B2B payments. This progress has helped especially large companies to take a lot of paper out of the remittance process. As NACHA’s Jan Estep noted...

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Pressure Mounting On Discover’s Pulse
July 24, 2014

Discover’s success with its flagship Discover It card helped the issuer and card network to drive strong growth in second-quarter card sales. But pressure is mounting on the debit side of the business. Get the Full Story Complete the form to unlock this article and...

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What Did Apple Say About Payments Yesterday?
July 23, 2014

Absolutely nothing. Of course, we wouldn’t expect Apple to show its hand regarding any plans it might have in the mobile-payments space. But with all the rumors circulating around the possibility, wouldn’t you think one inquiring analyst mind would want to ask CEO Tim Cook...

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GE’s $3 Billion Synchrony Flotation Plan
July 22, 2014

General Electric announced plans for a $3 billion flotation of one of its consumer finance operations later this month, according to a gulfnews.com article. The move is part of CEO Jeff Immelt’s efforts to reposition the company as an industrial group after its deal with...

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Senior-Level Support Lacking For eBilling
July 22, 2014

The greater efficiencies afforded by email and other forms of electronic bill presentment are helping push more and more paper out of the billing process. However, senior-level managers often are impeding further process changes, and that trend is growing, new research has found. As such,...