Lending Club beats Street, Venmo launches QR codes, How NewStore helps retailers compete with Amazon.

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August 8, 2017

First Data Earnings

First Data 2Q Top Line Beats Street On SMB Momentum
 

In its latest earnings report, First Data CEO, Frank Bisignano, pointed to momentum in the North American SMB customer base as the fuel that delivered a Q2 beat. Bisignano emphasized that acquisitions are tracking to plan and Clover is seeing, well, green fields ahead.

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Digital Giving

Tap To Give To Charity – Yes, It’s A Thyng
 

Charitable giving is one of the last things to go digital, and with good reason — the ability to accept credit card or digital payments is not always straightforward or cheap. But as cash and checkbooks become endangered species, non-profit organizations are going to have to change with the times. Thyngs' CEO Neil Garner told Karen Webster that he believes he has the answer with tech-embedded objects – Thyngs – which potential donors can scan to learn more about the cause, and donate with a simple tap.
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Alt-Lending

The Russian Connection (To Alt Lending Globally)
 

ID Finance has traveled an eventful road since its early days as a startup in Russia with only a few hundred thousand dollars and a determination to build better credit channels for consumers and small businesses in the developing world. Five years later, the firm is profitable, growing and collaborating with Elbrus Capital Fund Manager Yury Popov, to launch the FinTech Credit Fund that will allocate $200 million to emerging market FinTech firms focused on alternative lending. We talked to their founders.

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Payments Powering Platforms Tracker™

NEW REPORT: Mobile Platforms Take Personalized Aim At Amazon’s eThrone
 

While specialty stores have traditionally had personalized service locked up, mobile platforms are finding ways to disrupt retail in its wheelhouse, while taking a stab at Amazon’s Achilles’ heel. In August’s PYMNTS Payments Powering Platforms Tracker, powered by WePay, Stephan Schambach, CEO and founder of commerce platform NewStore, discusses how the company is developing personalization and service features that can help specialty retailers compete with those eTailer Goliaths. (He should know, he founded Demandware.) Plus, headlines and rankings of 65 platform providers, inside the Tracker.

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What's Hot


Wells Fargo's Latest Woes? Allegations Over Insurance Refunds


Lending Club Beats The Street And Raises Its Outlook


Venmo Users Now Have Their Own QR Code


Verizon 'Up' Rewards People Who Pay Their Bills


Chase Keeps OnDeck In The Mix


Capital One Shutters Level Money Budgeting App


FTC Charges 12 With Laundering Millions In Credit Card Charges


Tencent To Launch Its Own Credit Scoring System


CBA Says Money Laundering Was A 'Coding Error'


Uber Tells Travis 'We're Never Ever Getting Back Together'


Best of Yesterday 


What Walmart Pay Knows That Apple Pay Doesn’t


A Brave New World Of (Push) Insurance Payments


 
 

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