At a time when peer-to-peer mortgage lending in the U.S. is actually feeding loans to small banks, the situation appears to have flipped for small-business loans: alternative lenders are approving fewer loans, while big banks are approving more, according to monthly numbers from Biz2Credit. Get...
Banco del Bajío, a leading Mexican bank, announced Thursday (Oct. 9) that it has licensed TSYS’s PRIME 4 card management solution. Banco del Bajío will leverage PRIME issuing support to manage credit and private label card portfolios, as well as its loyalty and installment...
More bad bank security news. It seems that a group of “Russian-speaking attackers” stole a wide range of bank security credentials using Qbot malware that was installed on some 500,000 bank PCs, according to a report in Bank Info Security, which cites a reported from...
The big bitcoin crash of 2014. That was last weekend and this week. Economist David Evans wrote a piece that put it in context. After 6 years, Bitcoin transactions remain flat, flat, flat. No other payments innovation on the face of the earth would continue...
Investor extraordinaire Carl Icahn sees Apple Pay as one of several factors that is going to propel the Apple and its new iPhones. In a letter to Apple CEO Tim Cook on Thursday (Oct. 9), Icahn offered a variety of observations and insights into what...
Experimenting with opening its first brick-and-mortar, Amazon has taken over a 12-story building in the heart of the most famous shopping district in the U.S., on 34th Street in New York City, a block from Herald Square, right near Macy’s headquarters. Plans are to be...
Even though online shopper authentication systems—including Verified by Visa and MasterCard SecureCode—have been around a long time, a newly-released survey suggests that only 57 percent of retailers are bothering to use them. Get the Full Story Complete the form to unlock this article and enjoy...
Two PayPal execs have been quoted saying that PayPal could top a market capitalization of $100 billion. A Motley Fool writer, though, ran some calculations and concluded that the only way this makes sense is if PayPal intends to become a true processor. An idea,...
It’s way above my pay grade to weigh in on Carl Icahn’s proposal to Apple to accelerate its share buybacks. But the letter made for good reading, nonetheless. Someone did a whole lot of work to assemble a bunch of stats on Apple and its various products...
