Digital lending is heating up
There is a huge opportunity in alternative lending and banks are taking note. Prosper Marketplace, one of the largest peer-to-peer lending platforms, has raised $165 million in Series D financing from...
View ArticlePayPal is making moves to expand into a $25 trillion market
PayPal is positioning itself as payments business in both the offline and online worlds through mobile, in an attempt to grow its addressable market ten-fold. PayPal's goal is to gain a foothold in the...
View ArticleWestern Union and MoneyGram facing increased digital competition
Rumors were swirling Tuesday that Western Union, the global remittance firm, was in talks to acquire MoneyGram, one of its longest-standing rivals. Bloomberg Business initially reported the rumor,...
View ArticleSquare is leveraging merchant services programs to grow its core business
Square announced today that it received a new injection of cash to scale its small business lending program, Square Capital. Square Capital, officially launched in May 2014, offers cash advances to...
View ArticleAmazon will start charging merchants more if they want to use its...
This post originally appeared in PAYMENTS INSIDER, a daily newsletter on the payments industry produced by BI Intelligence, a premium research service from Business Insider. Learn more about PAYMENTS...
View ArticleNew security standard EMV is a 'Money Pit' for retailers
This post originally appeared in this morning's PAYMENTS INSIDER.The US payments community is currently in the midst of a massive shift to a new card security standard called EMV. The standard requires...
View ArticleHere's what happened in payments this week
This story originally appeared in this week's PAYMENTS WEEKENDER, a weekly collection of our favorite payments news by BI Intelligence, a premium research servce from Business Insider. Click here to...
View ArticleNew dark pool addreses this major headache for Bitcoin traders
The Bitcoin community faces a relatively small volume of transactions made on the network. This is problematic because when an individual or a company wants to buy or sell a large quantity of Bitcoins,...
View ArticlePayPal still winning the mobile wallet Game of Thrones (PYPL, AAPL, AMZN,...
This story was originally sent to thousands of professionals just like you in this morning's PAYMENTS INSIDER daily newsletter. Don't be left in the dark while your competition gets ahead each...
View ArticleCoffee addicts going bonkers over wildly popular mobile ordering platform at...
This story was originally sent to thousands of professionals just like you in this morning's PAYMENTS INSIDER daily newsletter. Don't be left in the dark while your competition gets ahead each...
View ArticleHere's what happened in payments this week (PYPL, AAPL, GS, MA, GOOG)
This story was originally sent to thousands of professionals just like you in this morning's PAYMENTS WEEKENDER newsletter. Don't be left in the dark while your competition gets ahead each morning....
View ArticleInstitutional investors are flocking to these alternative lending platforms
This story was originally sent to thousands of professionals just like you in this morning's PAYMENTS INSIDER daily newsletter. Don't be left in the dark while your competition gets ahead each...
View ArticleUK is leading the shift to tap-and-go payments in Europe (V)
New data from Visa Europe suggest that the UK is leading the shift to contactless payments in Europe.In March 2015, the UK led all other European countries with 52.6 million Visa-branded contactless...
View ArticleDominant Alipay adds P2P payments and further broadens its mobile commerce...
Alipay, the mobile wallet from Alibaba-affiliated Ant Financial, has incorporated peer-to-peer (P2P) transfers and messaging, features that could transform Alipay into a broader commerce platform....
View ArticleHere's what happened in payments this week (PYPL, 005930, BABA, AAPL)
Happy Weekend! Payments Weekender is a collection of our favorite payments news of the week from BI Intelligence, Business Insider’s paid research service.PAYPAL WILL ACQUIRE DIGITAL REMITTANCE COMPANY...
View ArticleThe Chinese rural market represents almost 50% of the population - here's how...
Alibaba divulged a number of statistics at a recent summit that help inform its latest efforts to expand its presence in China's rural commerce market. Rural China represents a large minority of the...
View ArticleApple Pay just launched in the UK - here's what you need to know (AAPL)
Apple Pay has officially landed in the UK, the wallet's first market outside of the US. Here is the latest information and its impact:Apple Pay's UK retail footprint is sizable: As of day one, Apple...
View ArticleHere's what happened in payments this week (PYPL)
A FINAL LOOK AT PAYPAL AS PART OF EBAY: PayPal will officially spin off from parent-company eBay beginning July 20, and a number of factors indicate that it will perform strongly as a stand-alone...
View ArticlePayPal is now a standalone company with a mobile-first strategy (PYPL, EBAY)
On Monday, PayPal officially began trading as a standalone company on the Nasdaq. In the lead-up to its detachment from eBay, PayPal CEO Dan Schulman divulged some of the company's biggest strategic...
View ArticleSquare just upgraded its mobile dashboard app to help merchants make...
Square is bringing its analytics platform to mobile, allowing Square merchants to track their sales data segmented by item, time and location. The Dashboard app's purpose is to give business owners...
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