Microloan and financing company Kreditech has closed a $40 million Series B funding round, the largest ever for a German financial services tech company. The round is also one of Germany’s largest for 2014. Värde Partners led the round and was joined by two previous...
It’s getting harder for immigrants to the U.S. to send money back to their countries of origin as U.S. government regulators are cracking down on terrorists and drug traffickers by pursuing their money sources. In response to the increased regulatory scrutiny, big banks stateside are...
Small-to-medium sized enterprises are always trying to stay ahead in the ever-evolving business world. As technology continues to change, it can be especially tricky. However, ePaymentAmerica and Small Business Workbench are working together to ensure that all payment processing needs are met with an all-encompassing...
A popular commercial in the 2000s depicted the debate over Mac computers versus PCs. Currently; the larger battle is between what types of smartphones consumers carry. Do you run on iOS software, or are you an Android backer? For the latter group, the last year...
As the healthcare sector continues to evolve, how will this affect the payments aspect? A recent report dove into this issue, and found that more responsibility is falling onto patients. However, what exactly does this mean for the industry, and what steps must be taken...
International trade in goods and services for May showed the U.S. deficit dropping as exports outpaced imports for both the month and year over year, government data show. Goods categories leading the rise in exports included automotive and consumer products as well as industrial supplies...
In less than 60 days after the Saudi government agreed to allow Apple to begin marketing products and officially operate within the Middle Eastern monarchy, Apple has struck a sales deal with Jarir Bookstore a major Saudi Arabia-based retailer, according to 9to5mac. The move to allow Apple...
Do you love eCommerce, but feel that the experience lacks something? A human touch, the thrill of victory, the experience of purchasing a car — at the end of the day, eCommerce generally isn’t about the art of striking a bargain with a merchant. Finding...
Between 2008 and 2013, global investment in financial services technology ventures tripled according to a recent study by Accenture and the Partnership Fund for New York City. Specifically, it grew from $928 million to $2.97 billion in the five-year period. The report predicted that the global fintech investment...
