P2P (person-to-person lending) lending volumes are equivalent to only a small fraction of the lending undertaken by traditional financial institutions, but P2P lending platforms can be viewed as an interesting development but not a competitive threat to traditional lenders. However, the emergence of P2P lending is a valuable new source of financing in the post-2008 global economic and financial world and has the potential to close the credit gap.
PayCargo, an electronic freight invoicing and payment processing specialist and HAPAG-LLOYD, a leader in containerized ocean transportation services, is now connected to the PayCargo Freight Payment Network allowing its customers the flexibility of using PayCargo as an e-payment option.
PA-based EPS Financial has unveiled a Payroll Card platform with simple to manage web-based tools. The EPS Payroll Card platform is driven by the E1 Visa Payroll Card that provides companies a convenient, low-cost alternative to disbursing salary and wages to employees.
San Diego-based iWallet has introduced BIO-BLU Biometric Bluetooth Smart locking technology to its technology portfolio. iWallet is focused on bringing-to-market biometric products designed to protect credit cards, jewelry, prescription medications and other valuables.