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.
Verifone will be among the first to enable clients to accept rewards and loyalty information in addition to NFC payments at the terminal via Apple Pay.
LendingTree, the nation’s leading online loan marketplace, has announced a series of senior executive appointments to fully align the company’s management team for rapid scale and to leverage new growth opportunities.
In today’s CardFlash News Que: LEXIS-NEXIS (FICO); CHASE (Sapphire Card); IDEEL (Groupon); FISERV (CUnify).
Effective October 2015 Visa will accept airline-supplied flight manifests as a remedy for fraud payment card chargebacks. This remedy represents an opportunity for the airline industry to recoup millions of dollars lost each year in “friendly fraud,” which occurs when a cardholder claims fraud for a transaction they were involved in.
New research shows shoppers’ number one pain-point limiting them from regularly using coupons is forgetting them at checkout in-store. In fact, 79% of surveyed shoppers shared they would not buy an item if they forgot to bring a coupon in-store.
Miura Systems, the market leading UK-based mPOS platform provider has teamed with AZ-based Apriva, provider of secure end-to-end wireless transaction and information solutions.
Dunkin’ Donuts is integrating Visa Checkout on and within the Dunkin’ Mobile App as a fast and easy way to purchase and reload virtual Dunkin’ Donuts Cards.
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.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Monica Eaton-Cardone, Chief Operating Officer of Chargebacks911.
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.