Lending

Small-Business Lender Bond Street Raises $110 Million Funding

Lending firm Bond Street recently raised $110 million in a new round of funding. The investment was led by a group of investors including venture capital firm Spark Capital and investment bank Jefferies. The other investors included Slow Ventures, Eagle Cliff, Nathan Blecharczyk (Co-founder of Airbnb), David Chang (Chef and...

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BankTech

HDFC Bank Rolls Out All-in-one PayZapp Online Payment Solution

The rise of financial technology startups that provide affordable technology for payment processing has transformed the banking and payments industry in India. The country’s central bank has proactively promoted discrete banks such as small banks, NBFCs and payment banks to expedite financial inclusion. With increasing competition and evolving customer needs,...

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BankTech

Faircent Raises $250K From Singapore's M&S Partners

It is estimated that India may be one of the biggest offline peer-to-peer (P2P) lending markets in the world as more than 50% of all credit is circulated amongst friends, families and communities. Online P2P lending is a new concept in India, a country dominated by banks. In the last...

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Apple Pay

MasterCard Brings Convenience and Security to PLCC

The mobile payment space is fast evolving. The arrival of tokenization is one such advancement which has made all of us feel a lot safer while transacting using cards. Tokenization is an alternative security technology that converts traditional card data, including the Primary Account Number (PAN), into a token. The...

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Payments

ANZ Implements UnionPay's QuickPass Contactless Capability to 90,000 ANZ EFTPOS Terminals

ANZ announced it will introduce contactless technology to its EFTPOS terminals across Australia and New Zealand to improve the service and security for UnionPay International’s five billion worldwide cardholders. ANZ is the first bank in Australia and the Pacific region to implement UnionPay’s QuickPass contactless capability. ANZ has more than...

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