One industry that could be considered a prime candidate for innovation is health care spending, particularly financing elective health procedures. On Jan. 27, TechCrunch reported that loan servicing agency Prosper Marketplace bought elective health procedure lender American Healthcare Lending for $21 million, as that company looks to...
After many months of sitting on “pins and needles,” waiting for the Fed to disclose more specifics on its plans to deliver “faster payments” here in the U.S., the world got the results. And, a result that MPD CEO Karen Webster described as somewhat “anticlimatic.” The...
Big data has begun to be used with increased frequency to determine creditworthiness and the ability to get financing without formal bank statements. British startups like HelloSoda and Filipino startups like Lenddo have used social media driven algorithms to provide this service to banks and...
February in America means two important holidays for retailers: the Super Bowl and Valentine’s Day. While the specific items and reasons for purchasing may be different, both are days when retailers aim to get it right either through sales or advertising. To break down this...
Apple Pay thus far has been hit or miss when it comes to vending machines and other similar self-service, standalone hardware. However, with USA Technologies’ announcement that it’s bringing Apple Pay to around 200,000 of these self-serve payment terminals – which include everything from coffee...
New York City lost an estimated $200 million in economic activity between the fizzled snow storm and the concurrent decision to shut down mass transit in preparation for the snow. That loss won’t be crippling, but will hit small business and lower-wage hourly workers particularly...
Ant Financial Services Group is rolling out its new credit-scoring service Sesame Credit, which combines “big data” technology and customer behavior analytics to help make credit more available to millions of Chinese consumers. While the name Ant Financial Services Group may not immediately ring bells for...
Getting goods delivered in a major city is easy; getting those goods delivered outside a major metropolitan area isn’t. That’s where Roadie comes in, the new person-to-person startup shipping network that just raised $10 million in funding. Get the Full Story Complete the form to unlock...
Early payment discounts can benefit both buyers and suppliers; suppliers get paid early to maintain cash flow, while buyers – obviously – get a discount on their purchases. But exactly how steep of a discount buyers and suppliers agree on depends on a plethora of...
