News

Partnerships / Acquisitions
Stripe Monetizes Payments For Global Video Platform
November 15, 2016

Kaltura, a video platform for the OTT TV (Over the Top TV), OVP (Online Video Platform), EdVP (Education Video Platform) and EVP (Enterprise Video Platform) markets, announced an integration with payments technology company Stripe to increase revenues for OTT players. Get the Full Story Complete...

Regulation
SEC Thinks Online Lenders Should Provide More Information On Borrowers
November 15, 2016

Marketplace lenders may have to provide more information about borrowers if anything comes from comments from U.S. Securities and Exchange Commission Chair Mary Jo White. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Alternative Finances
Prosper CEO Steps Down
November 15, 2016

The CEO of Prosper Marketplace — Aaron Vermut — will be saying good-bye to the firm, to be replaced by David Kimball, Prosper’s finance chief. Kimball will begin manning the helm as of December; he has been with the firm for a little over six months after nine years at...

International
India’s Banks React To Run On ATMs
November 15, 2016

On Tuesday (Nov. 8) India’s government issued a ban on high-denomination banknotes, which has resulted in lenders bringing in 2 trillion rupees ($29.8 billion) as customers across the country try to deposit the old bills, Bloomberg reported. Get the Full Story Complete the form to...

CFPB
Consumer Financial Protection Bureau Intensifies Land Contract Inquiry
November 15, 2016

The nation’s top consumer advocacy watchdog, the Consumer Financial Protection Bureau (CFPB), is intensifying its investigation into high-interest seller-financed home sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Jana Partners Takes Stake In Twitter; May Push For Change
November 15, 2016

Twitter shares were gaining in trading Monday (Nov. 14) after Jana Partners disclosed in a Securities and Exchange Commission filing it has acquired a stake in the social media company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Uber Counts Russian Bank As Investor
November 15, 2016

Here’s something that may not be widely known about ride-hailing app startup Uber: It has investors that are Russian. 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...

Security & Fraud
Ant Financial, Singapore FinTech Partner To Secure Mobile Payments
November 15, 2016

Singapore-based V-Key, a FinTech startup that specializes in mobile security, announced its partnership with Ant Financial. 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...

Investments
Warren Buffett Says Bye-Bye To Walmart
November 15, 2016

The Sage of Omaha has spoken when it comes to Walmart — and the result is not good for the Bentonville-based mega-retailer. Walmart may be the biggest retailer on Earth, according to sales, but Warren Buffett’s Berkshire Hathaway has mostly cashed out its stock. Get the...