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LendingPoint closes $250m credit facility to expand platform

Bank Innovation

billion in loans to individuals, just got a major boost to build its imprint among a consumer population it considers underserved. Digital lender LendingPoint, which so far has originated more than $1.4 On Monday, the five-year-old company closed a $250 million credit facility arranged by Guggenheim Securities.

Security 150
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COVID-19’s impact on payments: Five key lessons

BankInovation

In this report, we highlight five lessons that we anticipate will leave a lasting imprint on the industry moving forward. […]. As the broader market impact of coronavirus comes into focus, it’s important for payment stakeholders to step back and reflect on the key lessons learned thus far to serve as a guide for the future.

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Payments M&A, mobile wave make negotiations harder

Payments Source

The imprints of vendor consolidation, mobile payments proliferation and voice enablement are continuing to ensure there is “a whole lot of shaking going on” in our industry, writes Strategic Resource Management's Michael Carter.

Mobile 71
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7 earth-friendly facts about ATMs

ATM Marketplace

As Earth Day organizers have worked to raise awareness of the impact of industrial activity on the planet, ATM-makers and deployers have worked to reduce their imprint on the environment.

ATM 51
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Coca-Cola Bottle Cap Loyalty Program Fizzles

PYMNTS

The year this loyalty program was launched, there were 4 billion bottle caps imprinted with codes and $50 million in prizes slated to be given out. Since 2006, loyal fans of the soft drink have been collecting bottle caps with numbers printed inside to collect points for items. As a result of these efforts, Coca-Cola’s stock began to rise.

Branding 108
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For Turkish bank Garanti: appiness is the truth

Chris Skinner

The eye structure verification is a unique biometric imprint that varies from person to person. Garanti offers eye recognition as a means to login, with a quarter of all Turkish consumers who use mobile banking preferring this login method.

Mobile 150
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On-Demand Printing Is One Paris Bookstore’s Anti-Kindle

PYMNTS

Between books published by the store’s imprint as well as those loaned to them by its partnership with On Demand Books, the printer at this Paris bookstore can draw on a library of more than 3 million titles – an expensive proposition, to say the least, for any physical store. On-demand, it’s a new economy for us.”.

New York 100