PayPal Hits $10B SMB Lending Milestone | Citi Said “No Thanks” To Apple Card | Robinhood Nears $7B Valuation

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Faster Payments Tracker™

To Limit Or Not To Limit? The Instant Earned-Wage Access Debate

Deciding to offer employees instant access to earnings means employers must make a slew of decisions — including how much pay will be made available and how often. In this month’s Faster Payments Tracker, Bellco Credit Union (CU) HR Payroll Administrator Theresa Sanders discusses how the CU calculated its cap, and the impact that instant earnings has had on its employees.

SMB Lending

PayPal Hits $10B SMB Lending Milestone

PayPal announces today (May 29) that it has hit a new lending milestone: extending $10 billion in capital to small businesses (SMBs). It’s a number that some analysts say makes it the lead dog in the SMB alt lending space. PayPal’s VP and GM of SMB Lending Darrell Esch tells Karen Webster how PayPal’s lending business works, how it fits into the bigger SMB lending picture and why Germany is PayPal’s next stop.

Alt Lending

Could Income Share Agreements Displace Payday Loans?

Income share agreements as a potential alternative to student loans has gotten a lot of attention lately, particularly from investors and entrepreneurs. However, Adam Ginsburgh, chief operating officer of Align Income Share Funding, notes that it’s a model that could also have much potential in helping working Americans to access an alternative to payday loans. Here’s why.

Helping Merchants Play To Win In The $500B Subscription Space

How can merchants stand out in the booming $500 billion subscription market? Not easily without the right payments infrastructure, says Robin Reodica, product management executive director for Bank of America Merchant Services. In the latest Subscription Commerce Tracker, he details how merchants can gain an edge without blowing up their budgets.

What's Hot

Robinhood Nearing A Valuation Of At Least $7 Billion

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Erica — BoA’s AI Assistant — Hits 7M Users

Walmart Nabs Ex-Google Exec As CTO, CDO

Dimon Criticizes Wells For ‘Irresponsible’ Succession Plan

Amazon To Curb Bulk Orders From Small Suppliers To Cut Costs

ECB Supports Central Bank Digital Currencies

Virus-Infected Laptop Sold As Artwork For $1.3M

Bitcoin Daily: JPMorgan Boosts Privacy Of Ethereum Blockchains; S. Korean Bank Uses Blockchain For Loans

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