New Zealand is often grouped with Australia, but the nation has an impressively rising market for FinTech. Earlier this month, for instance, the nation got its fourth alternative lender: Lending Crowd. The company provides SMEs with loans of up to NZ$200,000 (about $137,000) and has...
Under the 2010 Dodd-Frank Act, the Consumer Financial Protection Bureau is required to enforce rules written into the law that require lenders to collect data on their small business lending processes. But the CFPB has yet to actually do so, meaning data that analysts saw...
As 2015 wraps up, we take a look back at the year in commercial cards. The biggest stories suggest a trajectory of mobility, sophisticated data analytics and the continuing effort to retreat from controversial practices. Take a look at what these stories were below. Commercial...
Just about every retailer entered the 2015 holiday shopping season beating their chests with increasingly ambitious shipping options for hard-to-please consumers. This year may go down as one where shoppers finally developed an expectation for same-day and express delivery, and such a dramatic change didn’t...
Right after the Christmas season comes, of course, the season of returns. With unwanted items accounting for as much as 15 percent of all holiday sales, retailers are now in the midst of handling those comebacks, employing varying degrees of difficulty for consumers.
The U.S. and European alternative lending markets sprouted quickly in 2015, but the Australian players are just planting their roots. One of the latest to do so is Waddle, a small business financing platform that caught media attention a few times this year, most notably...
The B2B payments data from last week ranges from six all the way to 4.45 billion, with a similarly diverse range in industries and geography. From alternative small business financing to corporate money manager responsibilities, from the U.S. to China, the research this week uncovered...
It’s the Holy Grail – or Nirvana – of payments. Mobile transactions that sail through smoothly even amid the rising threat of CNP fraud, keeping issuers, merchants and customers happy. Here’s how one Ankur Karer, of CA Technologies, sees technology moving issuers toward payments enlightenment.
Citi is pushing into the APAC region with a new B2B program that helps get suppliers paid who traditionally don’t accept credit cards. Here’s how Invapay is working with the banking giant to make the supply chain more efficient.