According to official Anjan Mukherjee, the U.S. Treasury Department is in the early phases of an analysis of the online lending industry, sometimes called alt-lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When it comes to securing loans, wealthy Americans are blowing their middle and lower class counterparts away. 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 our...
MasterCard Labs’ first innovation event in Kenya has come away with some agricultural ideas. 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 our daily newsletter, PYMNTS...
The CFPB found itself in the middle of another brouhaha last week, this time over allegations by a government watchdog group that congressmen who’ve tried to scale back its hold over payday lending must have been paid bribes by payday lenders. Their rationale is that...
After some months of questions surrounding Lending Club’s future on the public markets and what it might mean for other high-profile startups as they enter the IPO orbit, the alternative lending powerhouse has delivered a surprisingly profitable performance in Q3. Get the Full Story Complete...
[vc_row][vc_column][vc_column_text]When long-time homeless advocate and serial entrepreneur Liz Powers first told people about her plan to combine her two passions and build the first online art marketplace for homeless, disabled and otherwise disadvantaged people, people continually congratulated her on founding such a noble charity. Get...
Despite being worth over half-a-trillion dollars annually, remittances are an oddly invisible part of the payments ecosystem to most people — even those who otherwise know it quite well. We all might know that money may make the world go around, but what makes money...
Merchants are obsessed with building brand loyalty and have spent much of the last half decade investing millions (or, more likely, billions) chasing after it by creating loyalty and rewards platforms, designing subscription services and “Disneyfying” their physical locations into positive experience hubs for their...
There are a variety of visions for what the bank of the future should be — a coffee shop, a digital destination accessible mainly from a smartphone — but for the good folks over at Number26, the bank of the future basically isn’t a bank...
