Lending

Pay4Later Announces Lender Services

New service enables traditional lenders to access fast growing ‘point of demand’ finance markets  Pay4Later today announced Lender Services , a new Platform as a Service (PaaS) that offers established banks and finance companies white-label access to Pay4Later’s proven ‘point of demand’ lending platform. Lender Services features a comprehensive suite...

Read More · 2 minutes

Enabling Technologies

Breaking News: First Big API Company Exit, Envestnet to Acquire Yodlee for $590 Million

Envestnet, Inc., a leading provider of unified wealth management technology and services to financial advisors, and Yodlee, Inc., a provider of personal-finance apps to 11 of the country’s top 20 banks by assets, announced that the boards of directors of both companies have unanimously approved a definitive agreement under which...

Read More · 4 minutes

Enabling Technologies

Lokket Intergrates Eagle Eye Solutions To Offer Closed Loop Automation Platform

Standard payments won’t be the only use for chip & PIN (EMV) terminals, or EFTPOS, as more commonly referenced in Australia. The Sydney-based digital, promotional marketing and customer engagement technology company, Lokket Pty Ltd, shared their latest closed loop security advancement via Twitter @iamlokket, “Our latest announcement. Aussie Firm Lokket...

Read More · 2 minutes

Blockchain

Public and Private Blockchain Concepts and Examples

There has been tremendous interest in blockchain, the technology on which Bitcoin functions. Nakamoto developed the blockchain as an acceptable solution to the game theory puzzle – Byzantine General’s Problem. This lead to a number of firms adopting the technology in different ways to solve real world issues, wherever there...

Read More · 4 minutes

Payments

PE Interested in Worldpay, Might Not Go for an IPO Soon

US private equity firm Blackstone and buyout fund Hellman & Friedman are reportedly poised to make a joint bid for UK-based payments processing company Worldpay. The report further stated that a Singaporean sovereign wealth fund could also team up with Blackstone and Hellman & Friedman in a joint bid. Worldpay...

Read More · 2 minutes