China’s number-four online payments processor, 99Bill, is now under the control of the country’s largest real estate developer, Dalian Wanda Group, the International Business Times reported on Friday (Dec. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With alternative lenders LendingClub and OnDeck grabbing headlines with healthy IPOs, the rest of the alt-lending business is feeling the benefits. Alt-lending service provider Biz2Credit has just a received a $250 million commitment from investment firm Direct Lending Investments, TechCrunch reported. Get the Full Story...
When interest rates rise in mid-2015, the credit-card business will likely see more subprime cardholders, higher credit losses for card issuers and greater reliance on customers who use their cards to borrow, not just earn rewards, American Banker reported. Get the Full Story Complete the...
More than half the new mobile devices activated during the week leading up to Christmas Day were from Apple, according to a study by mobile analytics company Flurry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.K. consumers seem poised to ditch their traditional banks in favor of mobile payments, and Zapp is gearing up for the rising digital wallet demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It looks like Amazon got what it wanted for Christmas — more Prime members. In fact, the e-commerce leader got more than 10 million new prime members worldwide, the company announced Dec. 26. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
For many holiday shoppers, hitting credit card limits may be less of a concern with a growing number of giant retailers and local businesses opening up their payment gateways to Bitcoin revenue. Get the Full Story Complete the form to unlock this article and enjoy...
After being hit by waves of passenger safety complaints from incidences in Boston and New Delhi, Uber has now been slapped with a class-action lawsuit by two passengers for the $1 safe-ride fee. Get the Full Story Complete the form to unlock this article and...
When it comes to shopping for Christmas on cellphones, iPhone users tend to beat out their Android buddies says a retail survey by IBM that tracked over 800 U.S retail websites for real time data analytics. Get the Full Story Complete the form to unlock...
