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Bill Me Later
PayPal Credit, formerly named Bill Me Later (BML), is a proprietary payment method offered on the websites of many well-known merchants, including those of Wal-Mart, Home Depot, USPS, eBay, B&H Photo Video, Best Buy, Overstock.com, JetBlue Airways, Liquidation Channel, Jewelry Television and Hotels.com. The site, which offers consumers a line of revolving credit through Synchrony Bank, allows purchases to be made online without using a credit card. The company was one of the first recipients of the Red Herring Global 100 Award by the publication Red Herring. On November 7, 2008, PayPal completed its acquisition of Bill Me Later. It was formerly owned by I4 Commerce. How it works After customers open their accounts (including credit checks), PayPal Credit asks customers at every purchase to log into their PayPal account to complete the transaction. The approved customer can then pay the bill by mail (check), phone, or online (via bank account) at PayPal's official website. Onc ...
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Timonium, Maryland
Timonium is a census-designated place (CDP) in Baltimore County, Maryland, United States. As of the 2010 census it had a population of 9,926. Prior to 2010 the area was part of the Lutherville-Timonium CDP. The Maryland State Fair is held in Timonium each year near Labor Day on the grounds of the former Timonium Race Course, which is an important site along with Pimlico Race Course in northwest Baltimore and Laurel Park in Prince George's County, along with other former tracks at Bowie and Rosecroft in Maryland thoroughbred horse racing traditions. Etymology Timonium takes its name from the Timonium Mansion, the home of Mrs. Archibald Buchanan, who, in melancholia due to the loss of eyesight and the death of a close friend, felt her life was like that of Mark Antony after the Battle of Actium. The original Timonium was an incomplete palace Mark Antony built on the island of Antirhodos in the harbor of Alexandria, Egypt. Antony died by suicide at the palace after receiving a f ...
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Jewelry Television
Jewelry Television is an American television network specializing in the sale of jewelry for both men and women. On-air and online, the network is mainly branded by its jtv initials in lower-case letters. It has an estimated reach of more than 80 million U.S. households, through cable and satellite providers, online streaming and limited over-the-air broadcasters. The headquarters of Jewelry Television are located in Knoxville, Tennessee. It has manufacturing facilities in Sri Lanka, Hong Kong, and Thailand. History Jewelry Television was founded as America's Collectibles Network (ACN) in 1993 by Jerry Sisk Jr., Bob Hall, and Bill Kouns. Sisk was a graduate gemologist, Kouns was a jewelry expert, and Hall had previously worked in the television industry. The fledgling network began broadcasting from a studio in Greeneville, Tennessee, with just one television camera. ACN initially sold gemstones, jewelry, and collectible coins. Sisk, Hall, and Kouns later moved the network ...
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CFPB
The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the United States. Since its founding, the CFPB has used technology tools to monitor how financial entities used social media and algorithms to target consumers. The CFPB's creation was authorized by the Dodd–Frank Wall Street Reform and Consumer Protection Act, whose passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession. The CFPB's status as an independent agency has been subject to many challenges in court. In June 2020, the United States Supreme Court found the single-director structure removable only with-cause unconstitutional but allowed the agency to remain ...
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Newegg
Newegg Commerce, Inc. is an American online retailer of items including computer hardware and consumer electronics. It is based in City of Industry, California. It is majority-owned by Liaison Interactive, a multinational technology company. History Early years and growth The company was founded by Fred Chang, a U.S. immigrant from Taiwan, in 2001. "Newegg" was selected as the company name to signify new hope for e-commerce during a period when e-commerce businesses were struggling to survive. In 2004, Newegg established Rosewill as a private-label reseller of computing and household products from many manufacturers. In 2005, Newegg.com was named one of the Internet's Top 10 retailers by ''Internet Retailer Magazine'', with 2004 sales revenue of just under $1 billion. Newegg.com grew an additional 30% in 2005, bringing annual sales to approximately $1.3 billion. Newegg launched NeweggMall.com in July 2008, Newegg.ca in October 2008, and NeweggBusiness.com in August 2009. In ...
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Red Herring (magazine)
Red Herring is a media company that publishes an innovation magazine, an online daily technology news service, technology newsletters, and hosts events for technology leaders. Red Herring is perhaps best known for its Red Herring Top 100 technology awards and the international conferences it hosts each year. The Red Herring Top 100 began in 1996 and highlights startup companies and private ventures in Asia, Europe, and the Americas. Red Herring began as a technology business magazine in 1993 and flourished during the dot com boom, with global distribution and bureaus in Bangalore, Beijing, and Paris. It also sponsored conferences designed to bring venture capitalists, entrepreneurs, and technologists together. The magazine went into decline with the dot com crash, and ceased print publication in 2003. It was relaunched in late 2004 under publisher Alex Vieux and editor-in-chief Joel Dreyfuss, but again ceased print publication in 2007, continuing publication in digital form unti ...
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Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit car ...
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Synchrony Bank
Synchrony Financial is a consumer financial services company headquartered in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products through Synchrony Bank, its wholly owned online bank subsidiary. History Synchrony traces its roots to 1932. GE Capital Retail Bank was started during the Great Depression, providing customers a line of credit to purchase GE appliances. The lending arm remained GE Capital Retail Bank until being spun off from its parent company in June 2014. GE filed with the Securities and Exchange Commission on March 13, 2014, announcing its intention to spin-off the portion of its GE Capital business dedicated to retail credit cards. GE's SEC filing indicated that the new company would be called Synchrony Financial. On July 31, 2014, Synchrony Financial raised $2.88 billion in its initia ...
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Revolving Credit
Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to installment credit. Credit cards are an example of revolving credit used by consumers. Corporate revolving credit facilities are typically used to provide liquidity for a company's day-to-day operations. They were first introduced by the Strawbridge and Clothier Department Store. It is an arrangement which allows for the loan amount to be withdrawn, repaid, and redrawn again in any manner and any number of times, until the arrangement expires. Credit card loans and overdrafts are revolving loans, also called evergreen loan. Typical characteristics * The borrower may use or withdraw funds up to a pre-approved credit limit. * The amount of available credit decreases and increases as funds are borrowed and then repaid. * The credit may be used repeatedly. * The borrower makes payments based only on the amount he or she has actually used or withdrawn, plus interest. * The borrower may ...
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Hotels
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and En-suite, en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually Room number, numbered (or named in some smaller hotels and Bed and breakfast, B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part ...
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Liquidation Channel
Shop LC, formerly known as Liquidation Channel and The Jewelry Channel, is an American cable television network based in Austin, Texas, which mainly specializes in selling jewelry. The network is a subsidiary of the Indian-based Vaibhav Global Limited. The network's reach is approximately 77 million households in the United States. The network sells inventory in a reverse auction format. It additionally airs late nights on the American broadcast networks Retro TV, LATV, and TeleXitos through a time brokerage agreement, and, despite Shop LC being mainly a cable channel, it has 39 over-the-air affiliates in mid-to-major markets through digital subchannels. The channel primarily sells jewelry, beauty, fashion, home decor and lifestyle products. History Shop LC was originally launched as The Jewelry Channel in 2007. In 2009, The Jewelry Channel was renamed as Liquidation Channel and switched over to a discount liquidation model in 2009 due to a lack of demand for luxury items i ...
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PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ...
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JetBlue Airways
JetBlue Airways Corporation (stylized as jetBlue) is a major American low cost airline, and the seventh largest airline in North America by passengers carried. The airline is headquartered in the Long Island City neighborhood of the New York City borough of Queens; it also maintains corporate offices in Utah and Florida. In 2020, it ranked #394 financially on the Fortune 500 list of the largest United States corporations by total revenue. JetBlue operates over 1,000 flights daily and serves 100 domestic and international network destinations in the United States, Canada, Mexico, the Caribbean, Central America, South America, and Europe. JetBlue is not a member of any of the three major airline alliances but it has codeshare agreements with 21 airlines, including member airlines of Oneworld, SkyTeam, and Star Alliance. History 1998–2000 founding JetBlue was incorporated in Delaware in August 1998 with its headquarters in Forest Hills, Queens. David Neeleman founded the ...
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