An online lender finds itself in the unfortunate position of having supplied funds to an ISIS-inspired terrorist weeks before he and his wife carried out a shooting spree in San Bernardino, California, that claimed 14 lives and wounded 21 others. Get the Full Story Complete...
Banking behemoth HSBC wants to boost its bottom line by packaging loans into bonds and bringing them to market in the United States, Reuters reported Tuesday (Dec. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Visual bookmarking company Pinterest has bought two startups in an effort to bolster the reach of its “pins”, The Wall Street Journal reported Tuesday (Dec. 8). The two acquired companies are The Hunt, which is billed as a “community-powered” shopping service, and Pext, an app that...
Lenny, a mobile lending app that provides microloans to millennials, is expanding its offerings under a new partnership with digital payments network Dwolla. 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 to...
Despite the potential surrounding bitcoin, the alternative payment method has been beleaguered by skepticism and ties to illegal goods ever since it first launched in early 2009. And many have become enthralled in the dark web that bitcoin can weave — even those who one would least...
As the countdown to Christmas quickly passes by, the jury is still out on this year’s holiday shopping season outshining years past. According to the results of the Vantiv ShopTalk survey, which were released yesterday (Dec. 7), many consumers plan to keep their spending on...
It was and is supposed to be the great “playing field leveler” – crowdfunding for the masses was made possible by the Jumpstart Our Business Startups Act, which was passed three years ago. With the various permutations of new rules that have finally been agreed...
When most people think of business monopolies, their thoughts turn to telecommunications or related high-tech industries. Rarely, however, do office supplies come into the discussion of antitrust laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Ever since the early, AOL-inspired days of the Internet, the average consumer has known the dangers that inadvertently visiting compromised sites poses for the health of a computer. However, with the profusion of connected portable devices nowadays, is the mobile Web protected like its desktop counterpart?...