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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market. The data also shows the emergence and success of online lenders, accounting for 20% of business loan applications.

Lending 195
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Amazon Gains Ground In Holdout Markets

PYMNTS

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. There were some structural issues that we had to face,” Mariengela Marseglia , Amazon’s country manager for Italy, told The Times.

Marketing 237
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Harland Clarke Buys Online Coupon Site RetailMeNot For $630 Million

PYMNTS

Harland Clarke, a payment and marketing services firm, has acquired RetailMeNot for $630 million in equity. per share in cash for the online coupon site, about 50 percent higher than the stock’s closing price of $7.75 According to TechCrunch , Harland Clarke will pay $11.60 in early April. The deal is expected to close this quarter.

Online 100
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eBay Seeks Buyer For Korean Division

PYMNTS

Online marketplace and auction site eBay is looking to unload its South Korean unit, according to a report by Reuters. The unit includes one of the biggest online marketplaces in the country, called Gmarket. The deal as a whole could potentially be worth $5 billion. Both companies have representation on eBay’s board.

Regional 140
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China’s Mobile Payments Market Heats Up

PYMNTS

mobile payments market , China is light years ahead, particularly when it comes to getting consumers on board with actually using mobile payments. market hasn’t quite found the recipe for. Alibaba-backed Alipay , which is part of Ant Financial, has had the stronghold over the market, with its more than 450 million users.

Mobile 103
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

PYMNTS

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. Live Nation is the market leader in concert promotion, and organizes events by booking talent and securing venues. It has also built an artist management business.

National 130