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.
The Global Smart Card market in the Telecom sector is set to grow at a CAGR of 4.98% over the period 2014-2019. These cards are used by employing a radio frequency between card and the reader that needs no physical insertion of the card.
Belgians can put the entire content of their wallet in MasterPass, a digital platform launched by MasterCard and implemented by Buy Way. Thanks to this digital wallet there will be no more waste of time looking for payment and loyalty cards, giving consumers the ability to make transactions in an easy and seamless way.
Powa Technologies announced the integration of intelligentpos, the iPad based point-of-sale app with its PowaPOS retail payments platform. The partnership between these two companies will accelerate availability of advanced, all-in-one tablet-based POS solutions for retail and hospitality companies in the UK as well as internationally.
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.
Yapital enlarges its partner network with payment service providers Ingenico Payment Services, Heidelberger Payment GmbH (heidelpay) and ConCardis.
In today’s CardFlash News Que: LEXIS-NEXIS (FICO); CHASE (Sapphire Card); IDEEL (Groupon); FISERV (CUnify).