PYMNTS

OCTOBER 3, 2016

So, how did Vacasa , the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties in the U.S. Italy, Spain, Belize and Chile.

Portland 174

Portland Oregon Idaho Management 174

Bank Innovation

MARCH 6, 2017

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

Innovation 150

Innovation Online social media Operations 150

Bank Innovation

FEBRUARY 28, 2017

We have undertaken our most significant redesign and relaunch since Bank Innovation initially dropped online in 2009. This beta officially kicks off today and marks a new chapter in the life of Bank Innovation. We hope you love it. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we […].

Innovation 150

Innovation Online social media Operations 150

PYMNTS

JANUARY 28, 2020

billion in 2009 to $1.54 The total number of CUs in operation declined from 6,743 in 2015 to 5,390 as of 2019, but the total number of CU members increased over the course of the decade from 89.3 million members in 2009 to 119.6 Total CU assets increased 7.4 percent year over year from $884.7 trillion in 2019. million in 2019.

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

NOVEMBER 7, 2018

He was CEO of publicly traded Accelrys , where he boosted revenue from $75 million to $185 million, while successfully transitioning the company into the leading global provider of scientific product lifecycle management software and services. As a result, Interwoven was acquired in 2009 for a significant premium.

Software 148

Software Mobile Leadership Analytics 148

PYMNTS

MARCH 30, 2020

The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009. The results of its survey suggest that U.K.

Retail 141

Retail Survey Online Branding 141

South State Correspondent

MAY 9, 2023

The proper function of a free-market economy is to allow outperforming managers to succeed in their businesses and underperforming managers to exit their businesses. However, the ordinary course of acquisitions and mergers provides a safe and orderly redistribution of capital from underperforming to outperforming managers.

FDIC 195

FDIC Regulation Capital Management 195

PYMNTS

SEPTEMBER 27, 2017

The Wall Street Journal reported that the joint venture, which has operated in conjunction with First Data Corp. since 2009, employed about 2,200 people. Bank of America Merchant Services laid off about 10 percent of its staffers last week, with sources saying that the cuts are the result of restructuring.

America 125

America Operations Meeting Strategy 125

FICO

MARCH 10, 2020

Whilst it isn’t a new concept, the prospect of using telecoms operators’ network data to help officials map, predict and contain the spread has been mooted in several quarters. CDRs are already used at an aggregated and anonymised level by many operators to detect patterns and trends in crowd analytics.

Operations 78

Operations Mobile Analytics Guidelines 78

PYMNTS

MARCH 3, 2020

Gmarket was acquired by eBay in 2009 for around $1.2 eBay has been considering a selloff of the business since last year, as well as other options like spinning it off and making it a joint operation. Also, private equity fund MBK could potentially be interested. billion and was merged with the South Korean company Internet Auction.

Online 140

Online Regional Groups Marketing 140

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. No, we’re not talking about the launch of Square – that was in February of 2009. True in 2009. The skies parted, the Earth shook and the song of angels was heard from on high. Well, that’s how we remember it, anyway.

Innovation 177

Innovation Payments Cards Retail 177

Perficient

MAY 17, 2022

In 2021, subprime delinquency rates hit the highest mark since 2009. And if all this wasn’t enough to keep a credit risk manager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought. new vehicle purchases, there is one car repossession.

Strategy 294

Strategy Customer Experience Study Technology 294

PYMNTS

MARCH 5, 2019

from a Russian-operated network of 70 offshore companies in one of the largest banking leaks. The investigation is centered on Russian investment bank Troika Dialog, with evidence showing that managers funneled money for more than eight years, starting in 2004. According to The Guardian , investigators found 1.3 billion ($4.6

Company 129

Company Fraud Compliance Regulation 129

PYMNTS

JULY 10, 2020

has not seen such volume since the end of 2009. s termination of support for its Windows 7 operating system. Such changes often prompt users of an out-of-favor operating system to replace older machines. With volumes expected to surpass 21 million units, the U.S. The strong sales also follow Microsoft Corp.’s

Apple 141

Apple Mobile Maine Groups 141

PYMNTS

NOVEMBER 10, 2020

"Partnering with Plaid, Mazooma will maximize conversion for our merchant clients by making it even faster and easier for players to fund their accounts," Mazooma Chief Operating Officer Dave Roe said in the announcement. Mazooma, a gaming industry leader for more than 15 years, is headquartered in Atlanta, Georgia and was founded in 2009.

Payments 137

Payments Georgia Atlanta Risk Management 137

PYMNTS

JUNE 20, 2017

Greene has been with FLEETCOR since 2009 when he joined as vice president for Corporate Development. In 2014 Greene was then named managing director for Epyx, a service and repair company acquired by FLEETCOR in 2013. I look forward to working closely with Steve in this new position.”.

Leadership 115

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PYMNTS

MARCH 2, 2020

And a little over a decade ago, when OnPay Solutions Chief Operating Officer and Founder Juliet Negrete-Anderson was first considering the opportunities in B2B payments, her thought was that by the mid-2010s, paper checks in business transactions would go the way of their consumer payments counterparts.

Payments 178

Payments Florida Management Cards 178

PYMNTS

MAY 1, 2018

Acton and Koum co-founded WhatsApp in 2009, and Facebook bought it in 2014 for $19 billion in cash and stock. In fact, WhatsApp’s management has been against advertising, explaining that they did not want to be “just another ad clearinghouse” where the engineering team “spends their day tuning data mining.”.

Strategy 124

Strategy Company Data Regulation 124

PYMNTS

SEPTEMBER 24, 2018

According to the report, in the past few weeks, hotel housekeepers in Chicago who are unionized, distillery workers in Kentucky and Seattle crane operators are choosing to strike, citing the need for better pay and benefits. Kochan, a professor of industrial relations at MIT’s Sloan School of Management, told The WSJ. “We

Los Angeles 122

Los Angeles Kentucky Seattle Chicago 122

PYMNTS

FEBRUARY 14, 2017

million in funding last year, helps SaaS companies manage operations by providing financial management, auditing and reporting, analytics and other back-office services. SaaSOptics knows that SaaS businesses use other software solutions, especially when it comes to financial management. The company, which raised $1.8

Analytics 133

Analytics Data Software Tools 133

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. We have full confidence in our new management team and we are a better company today.”. He didn’t leave alone – most of LendingClub’s founding senior management team resigned or exited along with him. The DOJ Finding.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

NOVEMBER 21, 2018

Algorithms are taking on more of the data and security work for financial institutions (FIs), with technologies such as data mining and business rules management systems (BRMS) finding popularity among banks and credit unions. Data Mining. PYMNTS found that 81.8 percent of financial institutions use AI for banking services, and 72.7

Data 192

Data System Technology Fraud 192

PYMNTS

OCTOBER 28, 2019

We’ve been working with him over the course of this year, and given our renewed focus on our acquisition and financing approach, now was the right time to ask him to step in to manage our upstream banking relationships and the fleet management.”. Big Changes. IAC is an internet media company that previously owned Match.com and OkCupid.

San Francisco 101

San Francisco United States Capital User Experience 101

PYMNTS

OCTOBER 28, 2019

We’ve been working with him over the course of this year, and given our renewed focus on our acquisition and financing approach, now was the right time to ask him to step in to manage our upstream banking relationships and the fleet management.”. Big Changes. IAC is an internet media company that previously owned Match.com and OkCupid.

San Francisco 100

San Francisco United States Capital User Experience 100

PYMNTS

MAY 9, 2017

Most people did not consider 2009 an ideal time to start any kind of small business — the credit markets had more or less squeezed shut, a staggering number of Americans found themselves on the unemployment rolls and the economy seemed like it might be on the brink of ruin. And that was a problem they could fix. The sweetFrog Experience.

Innovation 100

Innovation social media Community New York 100

PYMNTS

NOVEMBER 9, 2020

percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009. Yet FIs are still reluctant to make sweeping changes here, since that would require reordering how they conduct many of their operations, explained Drew Edwards , CEO of Ingo Money in a PYMNTS interview.

Tools 203

Tools Mobile FDIC Examples 203

BankUnderground

JUNE 16, 2021

In 2009 at age 94, Paul Samuelson’s advice to economists was ‘Have a very healthy respect for the study of economic history, because that’s the raw material out of which any of your conjectures or testings will come’. The Bank’s Millenium of Macroeconomic Data is a good example of this. But it was not completely new.

Examples 138

Examples Policies United States Exercises 138

Cisco

APRIL 12, 2022

In 2009 when the closing of branches trend began the U.S. Commerce disruptor Amazon has found value in operating physical stores, financial institutions should be able as well. Branches should focus on more complex financial services and relationship management. Optimize branch operations. had nearly 100,000 branches.

America 100

America Customer Experience Operations Survey 100

PYMNTS

SEPTEMBER 29, 2016

Back in 2009, that’s what NerdWallet did. Seeing NerdWallet grow from a singular credit cards tool in 2009 to providing content and tools across 11 personal finance topics today is something I have great pride in,” said Tim Chen, CEO and cofounder of NerdWallet. So, what’s a good startup idea? A personal finance site. Its mission?

San Francisco 100

San Francisco Tools Knowledge Base Cards 100

PYMNTS

JANUARY 24, 2019

The retail chain also plays a role in another acquisition idea, this one floated by activist hedge fund Elliott Management (which owns more than 4 percent of eBay) and Starboard Value LP. Walmart’s Jet.com operation, meanwhile, keeps growing. billion purchase of Zappos.com in 2009 and Alibaba’s $1 billion purchase of Lazada in 2016.

Google 115

Google Analysis Branding Samsung 115

PYMNTS

FEBRUARY 7, 2019

food retail market with the adoption of the Food Safety Modernization Act (FSMA), introduced by legislators in 2009 and signed into law in 2011. The burden of regulatory compliance came to a head in the U.S. “It created an enormous regulatory burden up and down the supply chain for food,” he told PYMNTS in an interview.

Compliance 164

Compliance Retail blockchain Regulation 164

PYMNTS

MAY 19, 2016

This program was first discovered in 2009, but researchers have now discovered that the malware is being reused to attack banks around the world. Kaspersky Lab announced new research regarding a hacker collective, known as the Skimer group, that uses malware to essentially make an ATM steal users’ money. So, how can this be prevented?

ATM 111

ATM Georgia Groups Policies 111

PYMNTS

JULY 20, 2016

“Dell is one of the technology industry’s most aggressive companies at delaying payments to help finance its operations,” reports stated, adding that the company averaged 107-day payment terms in the most recent quarter. That’s more than double what EMC takes to pay suppliers, at an average of 42 days. In the U.S.,

Georgia 100

Georgia Report Analysis Payments 100

PYMNTS

JUNE 5, 2019

So stands one of the main views offered in a new PYMNTS podcast interview between Karen Webster and Tom Cregan, CEO and managing director at Emerchants Limited ( EML Payments ) , an Australian-based payment services firm that has set upon a path of global expansion, with its focus on the U.S. That Would Be Our Business Model Going Forward’.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

JUNE 15, 2020

The Fallacy Of ‘Internet Time’ In November of 1998, a book was published that captured the prevailing wisdom of startups operating at the time. Fulfilling those digital purchases meant figuring out how to accept payments online and managing the logistics of getting products delivered. Digital’s 2.0

Innovation 214

Innovation Mobile Capital Operations 214

PYMNTS

OCTOBER 8, 2019

The move comes after the general manager of that U.S.-based Tencent has been the digital media partner of the NBA in China since 2009. Meanwhile, Amazon and Alibaba have provided training for local merchants in setting up and operating stores as well as extending credit and logistics services to speed up delivery times.

Retail 116

Retail Houston Online Leadership 116

PYMNTS

AUGUST 25, 2016

First, according to Breon, Vacasa tends to operate in smaller towns and more affluent communities, where people have vacation or second homes, as opposed to larger cities and urban centers, where Airbnb typically dominates the market. A lot of the properties we manage are owned by people who are very busy and very successful.

New York City 100

New York City Idaho Portland Oregon 100