Category: News - Part 3

PayPal Expands Lending Program to Merchants

Financial Times | December 17, 2014 PayPal is pushing to expand into the alternative lending market popularized by faster growing start-ups such as Lending Club, after already advancing more than $200m of loans to consumers and small businesses. Read More>

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Square Merchants in the US Post Sales of $100M in a Single Day

Apple Insider | December 16, 2014 Small businesses using Square’s popular iPhone- and iPad-connected credit card readers combined to sell more than $100 million worth of goods and services in a single day, the company announced on Wednesday. Read More>

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Preparing for Chip-and-PIN in the United States

New York Times | December 12, 2014 LONDON — On a recent morning, eager shoppers swarmed around Covent Garden, a 350-year-old former open-air vegetable market in central London whose glass-fronted stores now include popular American companies like Apple and Shake Shack. But when consumers here pulled out a credit card to make a purchase, they…

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Amid Tensions with Business Leaders, Obama Details His Agenda

New York Times | December 11, 2014 President Obama’s relations with business leaders have often been terse and frosty. But on Wednesday, Mr. Obama lingered for nearly two hours with the chief executives of several of the largest American companies, rallying their support for an Asian trade deal and laying out his most detailed case…

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