News

Smartphone Addiction Connects More To Mobile Banking
June 30, 2015

As more and more consumers stay connected to their smartphones, the same addiction seems to be translating to mobile banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Lifestyle Mobile Payments App Banks On Affluent Millennials
June 30, 2015

Velocity, a lifestyle app enabling restaurant diners to pay and earn rewards right from their mobile devices, secured one of the largest Series A funding rounds for a U.K.-based company yesterday (June 29) when it closed $12 million from an international group of angel investors....

How Much Is Google Messing With Search Results?
June 30, 2015

How much is Google messing with search results? A lot, claims Tim Wu, a legal scholar and former FTC adviser. In a 46-page, Yelp-funded study, Wu and coauthor Michael Luca, a Harvard Business School economist, explain how Google knowingly manipulates search results. Get the Full...

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...

Dawn Of The Financial Inclusion Revolution
June 30, 2015

Too many people worldwide have been living without financial services for too long. Michael Liberty, Founder and Leader of Global Strategic Initiatives at Mozido, says that it’s time for a revolution – and he shares his plan for igniting it.

Microsoft Partner Bolsters Cloud With Acquisition
June 29, 2015

Microsoft has been on a quest to bolster its enterprise solutions, with CEO Satya Nadella declaring the dawn of SaaS – a sign that Microsoft is now turning to the cloud to provide companies with the technology they need to better manage money and operations....

B2B Payments
JD.com’s Quest To Boost Credit Scoring In China
June 29, 2015

One of the largest challenges within the alternative lending space is risk mitigation. Many small businesses turn to alternative finance because they are deemed too risky by mainstream banks to secure a loan. And while alt-lenders can provide much-needed working capital, they must provide a...

Alibaba Opens B2B Platform In India
June 29, 2015

Alibaba is at it again with its expansion in India, and as the company stays true to the B2B eCommerce model, its latest venture simultaneously looks to strengthen the position of small businesses in the nation. Get the Full Story Complete the form to unlock...

B2B Payments
UK SME Lender Preps IPO, Mulls Banking License
June 29, 2015

As the number of so-called “challenger” banks across the U.K. increases, yet another small business finance company is considering entering the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...