Alternative Finances

Alternative Finances
Lending Club Announces New Funding and Acquisition
April 18, 2014

In what has been a highly eventful early 2014, LendingClub announced this week an additional $65 million in funding from T. Rowe Price, Associates, Inc., Wellington Management Company, LLP, BlackRock and Sands Capital, and $50 million in debt–bring total debt and equity to $115 million. Get...

Alternative Finances
Walmart Unveils Walmart-2-Walmart Money Transfer Service
April 17, 2014

Walmart and Euronet announced that it will offer a new electronic payments provider.

Mt. Gox Gives Up On Rebuilding, Files For Liquidation
April 16, 2014

Defunct bitcoin exchange Mt.Gox has reportedly given up its quest to rebuild under bankruptcy protection in its home nation of Japan, and has instead requested permission to liquidate from a Tokyo court. Get the Full Story Complete the form to unlock this article and enjoy...

Alternative Finances
Innovation Comes to HealthCare Payments
April 15, 2014

Healthcare billing is anything but simple.  Among complexities, the billing cycle varies in length, meaning it can be very difficult to know when money is going to be due from payers or available to payees.  Sorting that out presents a major problem for managers and...

PYMNTS Launches Bitcoin Price and Volatility Indices
April 15, 2014

What is the value of a bitcoin?  This is not a metaphysical question about the nature and purpose of digitally backed currency, in fact it is very straightforward—in U.S. Dollars, what is a bitcoin worth? The answer has been far less straightforward, since until now...

Amazon Just Says No To Bitcoin
April 15, 2014

While other retailers are considering taking on bitcoin, and some like Overstock.com have made the jump to accepting the increasingly popular crypto-currency, Amazon has stated publicly that it has no intention to start doing so. Get the Full Story Complete the form to unlock this...

Alternative Finances
Loomio’s Tech Tool Raises near $100k for Crowdfund Target
April 15, 2014

Loomio, a start-up company in New Zealand, is close to raising $100,000 for a venture that offers a free open source decision-making tool for the masses, The Zealand Herald is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Alternative Finances
New Bill will Treat Bitcoins as Currency for Tax Purposes
April 15, 2014

Earlier this year, Rep. Steve Stockmen (R-Texas) became the first politician to accept Bitcoins as contributions for a federal campaign.  That’s why it’s not a surprise the Rep. Stockman is looking to pass a bill that will allow Bitcoins to be treated as a currency....

Alternative Finances
More Travelers Taking Advantage of Prepaid Cards
April 15, 2014

According to T.C.Guruprasad, CEO & Managing Director, CentrumDirect Ltd, more travelers are using prepaid cards in order to avoid the high rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...