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...
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...
Chatter is growing louder about eBay’s possible new payments platform as the company readies to spin-off its PayPal unit later this year. While the venture would certainly lead to a rivalry with Apple Pay, eBay has already upped the competition between the two with its...
The staff of the Federal Trade Commission issued a report yesterday (Jan. 27) on the Internet of Things, naming security as its top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
How do you get consumers to spend more? Create a membership with perks like free shipping and video and movie streaming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Colu, a startup that wants to put Bitcoin’s blockchain to work tracking other kinds of transactions, has raised $2.5 million to do just that, TechCrunch reported on Tuesday (Jan. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
This time it’s food deliveries. The latest round in the three-way battle between China’s Internet giants has made social networks leader Tencent an investor in Shanghai-based food delivery service company Ele.me, the Wall Street Journal reported on Tuesday (Jan. 27). Get the Full Story Complete...
