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- Western Union to Acquire Dash Mobile Wallet From SingtelWestern Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed a conditional agreement on the sale of the mobile wallet, the companies said in a Wednesday (Oct. 23) press release. The sale is subject to regulatory approvals. The planned acquisition […]
- Mastercard Expands Product Express Program to More RegionsMastercard has expanded the availability of Product Express, its platform that helps FinTechs launch card programs and other payment solutions. Formerly known as Fintech Express, Product Express was introduced in some Latin American markets earlier this year and is now available in Africa, the Middle East, Europe, North America and more markets in Latin America, […]
-  Bausch + Lomb Launches Digital Marketplace for Eye CareIn a move set to illuminate the eye care landscape, Bausch + Lomb Corporation launched Opal, an eCommerce marketplace designed to streamline the ordering process for contact lenses and, in the future, select over-the-counter products. The introduction of Opal reflects Bausch + Lomb’s commitment to adapting to a connected economy, where digital solutions are paramount […]
- Study: Merchants Weigh Implementation Costs of Pay-by-Bank Options as Interest GrowsAlthough pay by bank is a relatively new offering, it is creating buzz in the business community. Executives see it as a potentially cost-effective payment method and recognize its benefits, such as improved data protection. However, concerns about implementation costs remain one factor limiting adoption. In the long term, adopting pay by bank could […]
- Panel: Visa and Fireblocks Make Business Case for Blockchain-Based PaymentsIn today’s business landscape, every advantage counts. And while using cryptocurrency at the point of sale is getting a lot of attention lately, and is an interesting use case, experts are coming to see that the real product market fit and value to both payments companies and merchants is in stablecoins as a means of […]
- Enova Surpasses $1 Billion in SMB Loans in a Single Quarter For First TimeEnova’s small business loan arm had a huge 3rd quarter. “Notably, for the first time in our history, we originated over $1 billion in small business loans, up 33% year-over-year and 14% sequentially,” said Enova CEO David Fisher during the company’s earning call. “The main drivers of this growth are consumer spending and confidence from […]
- Alliance Funding Group Upsizes Investment-Grade Corporate Note to $50 MillionTustin, CA – Alliance Funding Group (AFG), a leading privately-held equipment finance company, announced the successful upsizing of its corporate notes to $50.0 million. This upsize will be used to facilitate growth and for working capital needs. AFG is a market-leading vendor direct specialty finance company that provides small-ticket and middle-market equipment leasing, financing and […]
- Intuit: Consumers Expected to Spend 34% Less This Holiday SeasonIt’s not all good news with the economy. According to Intuit, a QuickBooks-commissioned survey predicts a 34% drop in consumer holiday spending, an $85 billion decrease from last year. “Of those who plan to spend less this year, more than 6 in 10 say grocery and gas prices are to blame,” the survey revealed. “Another […]
- New Jersey Tries Commercial Financing Disclosure Bill AgainFor the 7th year in a row the legislature in New Jersey is trying to pass a commercial financing disclosure bill. While a notable component is an APR requirement it also applies a broad warning to brokers. A broker shall not make or use: (1) any false or misleading representations or omit any material fact […]
- Meet the CAFE That Can Accelerate Your Fintech StartupNewer fintechs on a mission to advance financial health and wellness for low-to-moderate income individuals and underserved populations may not have to weather the startup journey alone. Inside the Fintech Innovation Hub, situated on University of Delaware’s STAR campus, is the non-profit Center for Advancing Financial Equity (CAFE). Supported by numerous partnerships including the Small […]