59 articles tagged with this keyword
News/Dis-intermediation
Online money management start-up Wesabe is moving into the UK market through a Web partnership with broadsheet newspaper The Daily Telegraph.
11 November 2008
Consumers shopping online are increasingly turning away from traditional financial institution-controlled credit and debit cards to embrace cash-based alternative payment options, according to an analysis by US-based Javelin Strategy & Research.
A new peer-to-peer (P2P) lending platform called Loanio has launched in the US which is aimed at customers with poor credit records, such as sub-prime borrowers.
02 October 2008
Social banking platforms - such as peer-to-peer (P2P) lending networks like Zopa and Prosper - will grow to control 10% of the worldwide market for retail lending and financial planning by 2010, according to research by consultancy Gartner.
06 February 2008
Canadian peer-to-peer loan start-up CommunityLend has secured $2.5 million in funding and rounded out its management team in advance of a live launch slated for Q1 2008.
20 December 2007
PayPal has released Mobile Checkout - which enables customers to pay for purchases using Web-enabled phones - to account holders in Australia.
23 November 2007
The growth of Web 2.0-based peer-to-peer social lending services is continuing with the launch of new facilities in Australia and New Zealand.
31 October 2007
P2P loan network Lending Club is expanding beyond its original Facebook member base to connect lenders and borrowers over the public Internet via a new Website, LendingClub.com.
14 September 2007
Verizon, the number two US wireless carrier, is to offer consumers the opportunity to make purchases and conduct person-to-person funds transfers via their mobile phones using technology from privately-held Obopay.
21 June 2007
California-based start-up Sparter has released a beta exchange platform designed to enable global 'Gamer2Gamer' (G2G) trading of virtual currencies.
18 June 2007
UK-based start-up sQuidcard is to launch a low-fee alternative to the national contactless programme promised by the nation's biggest banks and credit card schemes MasterCard and Visa.
17 May 2007
Social lending platforms Zopa and Prosper are about to be joined by a third company, CommunityLend, which will target the Canadian personal loan markets.
09 March 2007
Google claims to have signed up 20% of the Web's top 500 retailers for its online payment service Checkout in its first six months of operation.
01 February 2007
More than 67 million Americans have used a credit or debit card for a purchase of less than $5 in the past 30 days, according to research conducted by Ipsos Insight and micropayments outfit Peppercoin.
29 November 2006
Person-to-person payments outfit PayPal says that it now has over 15 million account holders in the UK, representing over a third of the adult population.
02 November 2006
US-based online person-to-person loan exchange Prosper says it has signed its 100,000th member and presided over $20 million in loan agreements in its first six months of operation.
01 November 2006
Zopa, a UK-based online person-to-person lending and borrowing exchange, says it has received an additional $5 million in financing from Silicon Valley venture capitalist Tim Draper and the Rowland Family of the UK. The firm has also named Phillip Riese as chairman of its board of directors.
26 July 2006
Debit and credit card issuers and acquirers in the UK stand to lose up to 30% of transactions to online retailers offering PayPal and Google Checkout as Internet sales take-off, according to a study by consultancy Booz Allen Hamilton.
20 July 2006
PayPal, the online payments business of electronic auction house eBay, is set to roll out a new virtual debit card system to millions of account holders.
04 July 2006
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