Page 8 - gs260502
P. 8

NewsBriefs






                                                                  This article contains summaries of news stories recently posted under
                        Get the right                             Breaking  Industry News  on our homepage. For  links  to  these  and
                                                                  other  full  news  stories,  please  visit  www.greensheet.com/breaking-
                        folks talking                             news.php.

                          about your


                      business with a

                         Green Sheet                              P2P lending market poised for rapid

                    Company profile!                              growth as digital finance accelerates
                                                                   New research from Precedence Research found that the
                                                                  global peer-to-peer lending market is poised for signifi-
                                                                  cant growth, expanding from more than $176.5 billion in
                                                                  2025 to a projected $222.9 billion in 2026 and potentially
                   COMPANY                                        reaching $1.6 trillion by 2035.
                   PROFILE
                                                                  Researchers said rising demand for digital financial
                                 Company Name                     services and alternatives to traditional banking is driv-
                            go
                         o
                       L Logo    Contact                          ing adoption. P2P platforms connect borrowers directly
                                                                  with  investors,  enabling  faster  approvals  and  broader
                                 Position
                                 Phone Number                     access to credit.
                                 Email Address                    The report highlighted growing use of AI, big data ana-
                                 Website
                                                                  lytics and blockchain technology to improve underwrit-
                       Company’s story:                           ing, security and transparency. While North America
                                                                  currently leads the market, Asia-Pacific is expected to
                       Lorem ipsum dolor sit amet, consectetur adipiscing
                       elit, sed do eiusmod tempor incididunt ut labore et   see the fastest growth. Researchers also noted concerns
                       dolore magna aliqua.                       involving default risk and regulatory uncertainty.
                       Ut enim ad minim veniam, quis nostrud exercitation
                       ullamco laboris nisi ut aliquip ex ea commodo conse-  Court rejects gas stations' bid to pursue separate
                       quat. Duis aute irure dolor in reprehenderit.  lawsuit against card brands

                                                                  A U.S. appeals court rejected an effort by gas station
                                                                  owners to pursue separate interchange claims against
                                                                  Visa and Mastercard, ruling they remain bound by the
                       We’ll help you showcase                    card brands’ $5.6 billion merchant settlement reached in
                         Your products and services               2019. The gas stations argued they indirectly paid inflat-
                                 Your mission                     ed interchange fees through suppliers and franchisors
                                                                  rather than directly through acquiring relationships,
                           Your skills and expetise               but both district and appeals courts rejected the claim.
                          We’ll tell the world
                         Why your company matters                 Meanwhile, the Merchants Payments Coalition said ris-
                                                                  ing gasoline and diesel prices are increasing transaction
                          Take steps now to                       processing costs for fuel retailers, estimating so-called
                           Enhance your visibility                swipe fees now total roughly $60 million daily.
                            Boost your credibility                The coalition used the figures to promote the Credit
                          Gain industry recognition               Card Competition Act, while broader interchange litiga-
                      Unlock networking opportunities             tion and settlement disputes continue moving through
                                                                  federal courts.
                             Stir investor interest
                             Don’t delay!                         Colorado lawmakers pass interchange bill
                     Contact Rick Aston today at                  Colorado lawmakers approved legislation banning in-
               707-284-1693 or rick@greensheet.com                terchange fees on the sales tax portion of card transac-
                                                                  tions and sent the measure to Governor Jared Polis for
                                                                  consideration. The bill applies to card issuers with more

        8 8
   3   4   5   6   7   8   9   10   11   12   13