PYMNTS-MonitorEdge-May-2024

P2P

Peer-to-peer (P2P) computing or networking is a distributed application architecture that partitions tasks or workloads between peers. Peers are equally privileged, equipotent participants in the application. They are said to form a peer-to-peer network of nodes.

Source: en.wikipedia.org

Messaging App LINE Eyes FinServ With $1.3B Fundraise
Messaging App LINE Eyes FinServ With $1.3B Fundraise
September 05, 2018  |  Investments

Japan’s LINE Corporation is raising around 148.1 billion yen ($1.33 billion) through convertible bonds so it can expand into the financial services (FinServ) business. LINE,...

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The PYMNTS 2018 Summer Top 10 List
The PYMNTS 2018 Summer Top 10 List
September 03, 2018  |  Commerce

Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. It’s a matter of some confusion and debate...

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Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
August 30, 2018  |  Earnings

Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from $75. Square, which...

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China Zeroes In On Online Loan Risk
China Zeroes In On Online Loan Risk
August 28, 2018  |  International

China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. According to Reuters, the decision was made after...

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Silk Way Bank Unveils SWPay; Alipay Takes Steps To Prevent Fraud
Silk Way Bank Unveils SWPay; Alipay Takes Steps To Prevent Fraud
August 24, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Silk Way Bank’s launch of a new project for cashless...

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In China, Credit Cards And Mobile (And Beyond), Payments Yin And Yang
In China, Credit Cards And Mobile (And Beyond), Payments Yin And Yang
August 24, 2018  |  Payment Methods

The yin and yang concept, born in China, can be applied to so many things. The theme that opposites may be complementary is nothing new,...

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Venmo Might Get Rid Of Public Transaction Posts To Protect User Privacy
Venmo Might Get Rid Of Public Transaction Posts To Protect User Privacy
August 23, 2018  |  Security & Fraud

Executives at PayPal are deciding whether they should remove the option to post and view public transactions on Venmo. According to Bloomberg, an anonymous source...

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Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
August 23, 2018  |  Loans

When Renaud Laplanche founded LendingClub 12 years ago in 2006, the lending landscape was a very different place. Most consumer and business lending was done...

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SoftBank Invests In Rental Car Co
SoftBank Invests In Rental Car Co
August 22, 2018  |  Investments

Carsharing platform Getaround has announced that it raised $300 million in a Series D funding round led by SoftBank. Toyota Motor Corporation and inside investors also...

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