Today’s Top 5: Payday Lending, Credit Errors, Leaked Kindle, EMV Uncertainty, Remote Retail

Today’s Top 5: Payday Lending, Credit Errors, Leaked Kindle, EMV Uncertainty, Remote Retail

It really is that point once again — the time for you to deliver you the most notable tales associated with the time which are trending on PYMNTS. Tales such as where Peter Thiel is throwing their cash, just exactly just what John Oliver needed to state about credit rating organizations, A amazon that is possible kindle, as well as the latest on unattended shopping.

Here is what’s trending today (thus far):

Having a $9 million financing round led by Valar Ventures — the investment company possibly perhaps most obviously for the existence of Peter Thiel — also is forging ahead along with its economic services model aimed toward reduced incomes in the us.

The business happens to be targeting “uneven paychecks for hourly employees” in light of this known undeniable fact that a lot of 77 million employees have actually less-than-consistent schedules, with crazy swings in payment. The clients aren’t charged interest in the loans but rather pay a set fee that is weekly of3. The typical loan of $120 gets paid out by just a little over 1.2 paychecks, the organization stated. Continue reading “Today’s Top 5: Payday Lending, Credit Errors, Leaked Kindle, EMV Uncertainty, Remote Retail”