BankTech

The Right Payment Processing Solutions For Midsize Businesses

The merchant payments market in the United States is going through a fast-paced tech-driven change. Today, we can witness mobile, online and social technologies revolutionizing consumers experience and hence, fostering the merchants` demand for innovative products enabling multichannel commerce, big data analytics, enhanced loyalty programs and targeted advertising. Variety of...

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Lending

SoFi Raises $1B in Series E Round Led By SoftBank Group

Social Finance Inc. (commonly called SoFi) has raised $1 billion in a Series E funding round led by Japanese media giant SoftBank Group, marking the largest single financing round in the FinTech space to date.  Launched four years ago, SoFi helps graduates of top-tier universities refinance student loans at lower...

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BankTech

UK-Based Tuition Payment Provider Uni-Pay Acquired by Flywire

Acquisition continues company’s global expansion and solidifies leadership position in second-largest destination for international education Boston, MA and London, UK (Press Release)– Flywire (formerly peerTransfer), the leading provider of global payment solutions for the education industry, today announced it has acquired UK tuition processor Uni-Pay. Uni-Pay offers tuition payment services...

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Authentication & Security

EMV Approval and Certifications Announced by CardFlight via First Data for Mobile Point-Of-Sale Solution

NEW YORK (Press Release) - CardFlight, a leader in mobile point of sale (POS) technology announced that its suite of mobile solutions has been certified by First Data, a global leader in commerce-enabling technology and solutions, to accept EMV "chip card" payments. This will enable merchants to accept EMV payments on...

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BankTech

The Mobile Millennial: A Marriage of Convenience

Engaging with the Generation Y consumer is a new trend in the marital marketplace today. While money management and marital obligations were certainly not topics covered in high school home economics, recent surveys have found that Generation Y isn’t romanticizing their path to maturity; they are rather conveniently automating it....

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Lending

Ledge Mobile Platform Makes Peer-to-Peer Lending Easy

A new player in P2P lending market was launched September 24th, 2015 with $900K in seed funding. Mobile application Ledge, powered by Venmo, can be fairly called a Kickstarter of the P2P lending market. The app significantly simplifies the process of borrowing money from friends and family by eliminating all...

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