China’s number-four online payments processor, 99Bill, is now under the control of the country’s largest real estate developer, Dalian Wanda Group, the International Business Times reported on Friday (Dec. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With alternative lenders LendingClub and OnDeck grabbing headlines with healthy IPOs, the rest of the alt-lending business is feeling the benefits. Alt-lending service provider Biz2Credit has just a received a $250 million commitment from investment firm Direct Lending Investments, TechCrunch reported. Get the Full Story...
When interest rates rise in mid-2015, the credit-card business will likely see more subprime cardholders, higher credit losses for card issuers and greater reliance on customers who use their cards to borrow, not just earn rewards, American Banker reported. Get the Full Story Complete the...
More than half the new mobile devices activated during the week leading up to Christmas Day were from Apple, according to a study by mobile analytics company Flurry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
One of Europe’s few billion dollar-plus start-ups, Klarna, is expanding its business from online shopping into P2P money transfers and payment systems for newspaper articles and public transport. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It is easy, as a consumer, to get the feeling that somehow the world is full of people paying less money for the same goods you are. They shop at the same stores, they go to the same sites, but somehow when it is time...
Yep. It’s that time of the year – when we pause to reflect on the year that was as we prepare to embark on the year that will be. And, 2014 was quite the year in payments – one that got more interesting and intense...
U.K. consumers seem poised to ditch their traditional banks in favor of mobile payments, and Zapp is gearing up for the rising digital wallet demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
While it’s not quite faster to list all the retailers and other institutions that haven’t been breached, the list of those who’ve been targets is long and scary. As we look back a year ago, who would have ever thought that the Target breach would be eclipsed – at 40...
