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Off The Continent And Into Puerto Rico For Online SMB Lending

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In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

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In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. percent share of Reliance Retail.

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This Week In Retail: Funding, Finance And Tech

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This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. based online lender Prodigy shared its funding news. The discount retailer has also announced two partnerships this week, one with Google and one with IBM. Moving into lending news, U.K.-based

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Costco’s Co-Branded Credit Card Has 1 Million Members

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Costco Wholesale has reached a milestone, with Costco saying its co-branded Citi Visa Anywhere credit card now has 1 million members who have signed up for the card. According to a report , the co-branded card was launched in June and is resonating with consumers. million American Express co-branded cards, “about 7.5

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Sears Offers Online ‘LEASE IT’ Financing Program

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Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online. There is also an online estimator tool to help members estimate their payment with different payment schedules and lease amounts.

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Surprise Edition: Amex, Hackers And Starbucks E-Commerce Sign-Off

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Two American Express banking subsidiaries have found themselves on the wrong side of the CFPB’s fining pen for discriminating against consumers in Puerto Rico, the U.S. American Express discriminated against consumers in Puerto Rico and the U.S. Virgin Islands cards and its cards offered in the 50 U.S.

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Lease-To-Own Services Make A Comeback With Overstock.com

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Lease-to-own services are making a comeback with eCommerce retailers. The option, provided by Progressive Leasing , allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. In an announcement , Overstock.com founder and CEO Patrick M.