News

Alternative Finances
Green Dot Money Enters Online Lending Business
May 13, 2016

Green Dot said on Thursday (May 12) that it is launching Green Dot Money, which it has billed as an online marketplace that will match low- and moderate-income consumers with what it called “a curated set of lending partners” that specialize in those consumer segments. Get the...

Investments
Apple Drops $1 Billion Into Ridesharing In China
May 13, 2016

Apple announced the somewhat surprising move this morning of a $1 billion investment into Didi Chuxing — a ridesharing service that acts as one of Uber’s main rivals in China. Apple CEO Tim Cook says the move was undertaken in an attempt to learn more...

SMEs’ First 24/7 Lending Platform?
May 13, 2016

While the alternative lending space in the U.S. may be in a bit of trouble, the industry saw a massive rise — both at home and abroad — thanks to the allure of faster financing for SME borrowers. Get the Full Story Complete the form...

B2B Payments
B2B FinTech’s Unlikely Investment Winner
May 13, 2016

With nearly $120 million raised for enterprise-serving startups, B2B venture capital saw one of its most successful weeks this year. It was also one of the most diverse. Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few)...

Payment Methods
Just The (Pay)Facs, Please
May 13, 2016

Payments Facilitators (PayFacs) are one of the hottest things in payments. NMI CEO Roy Banks gives Karen Webster the inside skinny on a model that gave birth to a new way to innovate payments, at the same time how it is likely to destroy one...

Cross Border Commerce
X-Border Sales Dream Team?
May 13, 2016

Like much of the Golden State Warriors’ recent run, their final home game of the regular season was a historic night. At the final buzzer, the Warriors had wrapped up their 73rd win of the season – setting the record for the most wins in...

Alternative Finances
A Brief History Of Lending Club
May 13, 2016

The recent history of Lending Club is well-known to, frankly, probably just about everyone at this point. Founder Renaud Laplanche pulled off the commerce curveball of the week with twin announcements: Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Coupa Goes In On B2B Payments Data
May 13, 2016

Corporate spend management firm Coupa has wrapped up its Inspire 2016 conference, with no shortage of announcements for the company. Earlier this week, the firm revealed an integration with corporate travel booking platform Sabre, streamlining the expense management process following business trip planning. Get the...

B2B Payments
Late-Paying Tesco Looks To Redeem Supplier Relations
May 13, 2016

Tesco faced a wave of public criticism early this year after government officials declared the retail and grocery giant had deliberately delayed payments to its suppliers for its own financial gain. It was a big story in a market already plagued by delayed and late...