News

Road to Financial Inclusion: Milestones Apart, Challenges Remain
June 16, 2015

As we inch closer in ensuring financial inclusion of the unbanked and the underbanked, it’s a slippery slope. Consistent efforts are still undermined by lack of access, infrastructure and adoption in most regions, even as mobile money and digital wallets are fast catching up in...

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...

Forget Passwords — Amazon Patents Ear Biometrics Smartphone Tech
June 16, 2015

When it comes to unlocking a smartphone, traditional passwords are sure to eventually be a thing of the past. 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...

DoorDash Jumps Into LA Grocery Delivery
June 16, 2015

On-demand food delivery service DoorDash has expanded its offerings for customers in the Los Angeles area, Re/code reported late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
Password Manager LastPass Breached
June 16, 2015

Bad news for security-minded users who decided to create a single master password with LastPass. According to an announcement on the company’s blog, hackers have managed to breach the system and make off with an unknown number of user email addresses and password reminder questions...

Etsy Eases Into Crowdfunding
June 16, 2015

Brooklyn-based arts and crafts marketplace Etsy is adding something new to their platform to live alongside the custom-made mohair hamster sweaters now on offer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Alt SME Lender To Go Public In Canada
June 15, 2015

Alternative lending in the U.S. may be on the decline, but in Canada, the market is just beginning to heat up. Foreign lending platforms like U.S.-based OnDeck are entering the Canadian market, while local innovators are finding success in the relatively new market. Get the...

B2B Payments
Global Spotlight: Chile
June 15, 2015

In the world of B2B innovation, Chile is most often mentioned in the context of e-invoicing. While it’s true that the nation is among the world’s leaders for successful digital procurement adoption, Chile has become an underdog success story for its embrace of Big Data...

B2B Payments
Volkswagen Overhauls Procurement For Its Dealers
June 15, 2015

Automaker Volkswagen is looking to make the process by which its individual dealers procure vehicles faster and far more cost efficient. Reports published Friday (June 12) said that Volkswagen Group is rolling out new updates to its Leaselink platform in the aim of saving thousands...