Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards imposed by the U.S. Environmental Protection Agency has been questioned by the Trump administration. Get...
The largest smartphone company in India, Xiaomi, has started a credit platform designed to attract young professionals and millennials in the country, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Goldman Sachs is loaning $125 million to Mercado Crédito, a unit of MercadoLibre. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Silicon Valley Bank, a unit of SVB Financial Group, revealed plans to invest a minimum of $200 million to supply loans to Danish technology companies. Erin Platts, head of EMEA operations, announced that the bank is opening up an office in Copenhagen as the result...
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release. Get the Full Story...
U.K.-based FundingSecure has called in administrators at CG Recovery as it becomes the second peer-to-peer (P2P) lender in the country to fold in six months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
French retailer Casino announced that it has raised €1.5 billion ($1.67 billion USD) in bank loans so that it can refinance part of its existing debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fiserv’s consumer trends survey, Expectations & Experiences, shows that the majority of loans over the past two years were done online, the company said on Monday (Oct. 21) in a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Peer-to-peer (P2P) British-based lender Funding Circle sent out a letter to investors after they were unable to take out funds from the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...