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Today In Data: Holiday Weekend Sales And SMB Lending

PYMNTS

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 60 percent | Portion of Singapore’s national spend done through payment cards. 60 percent | Portion of Singapore’s national spend done through payment cards. Here are the numbers: $7.9

Lending 100
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Digital payments on the rise in India – what does this mean for the region?

NCR

Banks and card providers have been devoting a lot of attention recently to Asian markets, and it’s not hard to see why. Card providers have also been promoting the use of new solutions. All these factors have combined to help ensure that 53 per cent of Indian consumers now have a bank account, up from just 35 per cent in 2011.

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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card. Of that $10 billion, Apple Card?

Apple 101
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Amazon Tracker: Cash In Bloom

PYMNTS

Amazon Cash is not unlike PayPal’s My Cash Card or Payment Source’s Loadhub service , both of which work to open up eCommerce options to under- and unbanked populations, as well as to accommodate the ‘digitally nervous’ — consumers who would, if given the choice, prefer not to pay online.

San Diego 101
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. It’s likely that Amazon was too early to P2P payments.

Cards 101
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The OCC’s final CRA rule: what changed from the agency’s proposed rule?

CFPB Monitor

Specifically, the final CRA rule applies to all national banks and savings associations supervised by the OCC, including federal and state-chartered savings associations, and uninsured federal branches of foreign banks. The preamble to the OCC’s final rule states that covered banks “conduct a majority of all CRA activity in the United States.”

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Regulations and Syllabus for Banking Diploma ( JAIBB & DAIBB)

FluentBanking

Such limits may be attained in two to three years (2010, 2011 and 2012, respectively) after making the course contents, reading materials, library facilities and coaching facilities available to the candidates. The Institute will indicate the name of examination centre and Roll Number of the candidate in the Admit Card.