Loan platform Kabbage — which offers quick assessment and approvals for small business loans using machine learning algorithms that pull data from dozens of sources — has closed another large securitization as it continues to grow its operations. The company said it has closed an asset-backed securitization of $700 million, which it says it the largest transaction of its kind for an online lending platform focused on small businesses...
If you’re like me, you know how annoying it is to have a cashier try to upsell you at the last second in a point of sale. Even if the item would be beneficial to you, the timing might still be off. Sometimes, it just isn’t convenient to inject purchase options when you’ve already made up your mind. FreedomPay looks to help alleviate that feeling while still better utilizing the advertising time and channel provided with DecisionPoint. In short, the DecisionPoint Network is a platform that allows advertisers to buy advertising space from FreedomPay. This would allow paying advertisers to reach millions of consumers on a regular basis in multiple areas. Coupled with the FreedomPay offerings consumers are accustomed to, such as wireless payment conducted with speed and security, a complete payment experience can be had from point of sale through to relevant and targeted marketing practices...
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