Alternative Finances

Who’s Funding Female-Led Startups?
July 07, 2015

“If we want to have more women in tech, it is not enough to get more women engineers and executives—we need more women founders, because it is the founders of companies that set the cultural tone for so much that happens in Silicon Valley.” Get...

Citi Creates Its Own Citicoin
July 02, 2015

Citi Innovation Labs have been looking at distributed ledger technology for “the last few years” and has put together a dedicated, skilled team, according to International Business Times UK. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Is Sovereign Immunity For Tribal Payday Lending Coming To An End?
June 30, 2015

Short-term loans, known colloquially as payday lending, never fails to elicit a big response — if not always a consistent one. Foes of the practice point to the high double and triple digit annual interest rates and consumers swept into never-ending cycles of debt as...

Alternative Finances
PayNearMe Sets The Record Straight (About Layoffs And Fundraising)
June 29, 2015

Financial services startup PayNearMe is not as well-known as some of the other high-tech players in the game — largely a consequence of who its target audience is. The firm’s focus are not tech-savvy players after all but instead the 25 or so percent of U.S. consumers...

Turns Out That Most SMBs Don’t Compare Lenders
June 26, 2015

A new survey from LendingTree shows that a majority of small businesses who apply for loans don’t take time to shop around. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Why Small Banks Partner With Lending Club
June 24, 2015

The FinTech shift has disrupted nearly every angle of the financial industry — from the major lenders to the small banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bond Street Gets $110 Million In Financing
June 19, 2015

Bond Street, the New York based lender, announced a $110 million investment Thursday (June 18) from a consortium of financial institutions. The debt and equity investment, led by Spark Capital and Jefferies, will help Bond Street offer loans to small businesses and entrepreneurs. Get the...

Alternative Finances
Long Live Credit Cards Says Visa Europe CEO
June 16, 2015

Visa Europe CEO Nicholas Huss defended the case of credit cards in Europe during MoneyConf in Belfast, reports International Business Times. Huss explained that while contactless payments are indeed on the rise in Europe – with 2.4 million contactless paypoints at the moment – ultimately...

Ex Discover Chief To Drive Goldman’s Digital Bank
June 16, 2015

Goldman Sachs is plotting to enter the $840 billion consumer loan business by offering small loans through a website or an app as early as next year, reports The New York Times. Early reports indicated the loans may range between $15,000 to $20,000. Loans would not...