PYMNTS

JANUARY 5, 2020

For decades, public sector undertaking (PSU) banks have largely been responsible for handling the working capital loans that many firms need for daily operations. PSUs calculate a borrower’s working capital requirements by looking at the difference between assets and liabilities. Assets don’t help companies to repay loans.

Lending 130

Lending Capital National Taxes 130

PYMNTS

NOVEMBER 26, 2019

million for not completing accurate returns between 2014 and 2018, according to a report by Reuters. Banks have to regularly report financial data to make sure they’re operating within the law, and to make sure they have buffers against market shifts in terms of risk and capital.

Capital 136

Capital Regulation Meeting Resources 136

PYMNTS

JANUARY 31, 2020

as well as venture capital operations powered by Massachusetts Mutual Life Insurance Co., The company, which launched in 2014, has $60 million in annual revenue, Bloomberg reported. Transamerica and Axa SA. Last year, the company added a second headquarters in North Carolina to join its New York location.

North Carolina 141

North Carolina Massachusetts Capital New York 141

Jeff For Banks

DECEMBER 18, 2014

capital appreciation and dividends. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. Congratulations to them.

North Dakota 87

North Dakota Arizona Minnesota Los Angeles 87

PYMNTS

JULY 8, 2020

Ant Group was launched in 2014 to provide global financial services. Based in Hangzhou, China, the company operates Alipay, an online payment service that debuted in 2004 and has evolved into the world’s largest payment and lifestyle platform, the company said. At the time, Credit Suisse and China International Capital Corp.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

MAY 6, 2020

It also works with smaller operations, including social media influencers. Other backers included Facebook co-founder Eduardo Saverin’s B Capital Group and Monk’s Hill Ventures. Ninja Van, formed in 2014, derived its name from the idea of “working quietly to get things done,” according to founder Lai Chang Wen.

social media 175

social media Regional Operations Capital 175

PYMNTS

JUNE 7, 2017

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. BAM provides technology, payments processing and working capital loans to the U.S. trucking industry.

Atlanta 101

Atlanta Capital Industry Online 101

PYMNTS

FEBRUARY 15, 2019

Banks should brace for more focus – at least from the European Central Bank – on capital structure and liquidity as Brexit looms and takes effect. Financial Times has estimated that as many as 27 firms have committed to bringing staff or operations to Ireland in the wake of the 2016 vote to leave the European Union. Brexit backlash?

Capital 108

Capital America Course Operations 108

PYMNTS

JULY 28, 2019

Previous contributors also participated in the funding round, including Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital and Thrive Capital. This year, Nubank started operations in Mexico and Argentina. Nubank said it is the fastest-growing FinTech, having doubled its customer base since October 2018.

America 134

America Capital California Fintech 134

PYMNTS

MARCH 12, 2020

billion in revenue and cost $5 billion to operate. However, the report notes that the USPS may not have the expertise or capital to enter those markets. The United Kingdom’s postal retail operator has arranged with retail banks to enable customers to access their banking services. The idea is not without international precedent.

Retail 169

Retail US Survey Examples 169

PYMNTS

AUGUST 12, 2020

Since 2014, Mastercard’s Start Path “has invited more than 230 later-stage startups worldwide to participate in its six-month virtual program, providing technical guidance, operational support and commercial engagements within the Mastercard ecosystem,” the company said. Startups in this growing network have gone on to raise $2.7

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

Jack Henry

APRIL 30, 2014

One such attack by the group Unlimited Operations was able to net over $40 million. Keeping your policies and procedures up-to-date and capitalizing on valuable cyber-security resources will also help in these proactive efforts.'

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

NOVEMBER 3, 2020

Founded in 2014, SA Company has evolved with the pandemic and is on its way to getting a capital investment and operational expertise from one of its venture capital and marketing partners, TZP Group.

Company 131

Company Retail Boston Capital 131

PYMNTS

JULY 20, 2018

In a press release , Equifax said Begor came to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

Leadership 100

Leadership United States Capital Industry 100

PYMNTS

MAY 24, 2019

The takeover highlights the troubles that smaller banks in China face, like poor capital buffers, inadequate internal controls, asset quality deterioration and others. The China Construction Bank (CCB), based in Baotou, will handle the bank’s business operations. billion) at the end of 2016, which is a leap of 65 percent since 2014.

Regulation 158

Regulation Lending Guidelines Maine 158

Abrigo

OCTOBER 7, 2014

In a recent survey conducted in partnership by the Federal Reserve and the Conference of State Bank Supervisors ( CSBS ), over 1,000 community bankers weighed in on a range of hot button issues facing their organizations in 2014. As such, capital and strategic planning will play a pivotal role in staying ahead of the curve.

Trends 230

Trends Capital Community Industry 230

PYMNTS

MARCH 9, 2018

BlueVine , the provider of working capital to small business (SMB) owners, announced news on Thursday (March 8) that it has inked a deal with Veem , the cross-border payments company. Veem has been tackling this problem since launching in 2014,” wrote Amadon in the blog post.

Payments 100

Payments Capital blockchain Software 100

PYMNTS

OCTOBER 22, 2020

Co-Founder and Chief Executive Officer Nicholas Sunden-Cullberg said the infusion will also assist the 2014 startup in taking control of the consumer loan space. The Hong Kong sale is being managed by Citigroup, China International Capital Corp., Contour Collaborates With Mphasis On B2B Trade Platform. Morgan Stanley and J.P.

Security 134

Security Groups Payments Regulation 134

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

MARCH 28, 2018

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

Leadership 100

Leadership Capital Data Analytics 100

PYMNTS

DECEMBER 16, 2019

Uber’s capital commitment can range between $100 million and $200 million, but this may be along with a few other investment funds,” one of the sources told ET. The Silicon Valley tech giant said in September it was planning to seize Eats operations in South Korea. Delivery Hero acquired a majority stake in Yogiyo in 2014.

Capital 134

Capital Report Operations Company 134

PYMNTS

JULY 8, 2019

To that end, Andrea Enria, the European Central Bank supervisor, said this past week that the European banking system is operating with excess capacity, and that efficiency might be spurred by mergers and acquisitions. 30, 2014 to Dec. In Europe, and specifically in banking, mergers – not for scale, but for efficiency? As many as 1.6

System 108

System Regulation Capital Report 108

Abrigo

JANUARY 22, 2015

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). In fact, its 2014 Survey of Credit Underwriting Practices noted that 2014 marked a third consecutive year of eased standards.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JULY 18, 2017

Headway Capital , which provides online flexible credit lines of up to $50,000 for­­ U.S. As we work with business customers with non-prime credit, decisions around credit risk are key to the success of our business,” said Haijian Hu, head of Headway Capital.

Analytics 145

Analytics Capital Fraud Chicago 145

CB Insights

AUGUST 1, 2017

This teardown features annotations & commentary by four Social Capital partners. Thanks to the Social Capital team for updating/confirming their portfolio data on the CB Insights Editor. Social Capital is a VC fund with a focus on healthcare and education. CB Insights Note. Investment syndicates. BEST OF DISRUPTION REPORT.

Capital 34

Capital Software Company Google 34

PYMNTS

FEBRUARY 14, 2018

The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. Its units include Distribution Finance Capital, Satago and Oxygen Finance, while it also owns a minority stake in peer-to-peer (P2P) lender Zopa. reports noted.

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

JULY 20, 2018

It is a big deal for the cannabis industry’s expansion plans,” said Matthew Kennedy, an IPO market strategist at Renaissance Capital, which runs exchange trade funds that buy newly listed shares. Since it launched in 2014, Tilray has yet to turn a profit, recording a net loss of $7.8 And at $22.39 million in 2017 and $5.2

Company 144

Company Capital Taxes Industry 144

PYMNTS

NOVEMBER 17, 2019

Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014. Hoesley also previously led the midwest region for Silicon Valley Bank, and was a partner at Prism Capital, a middle-market provider of venture capital and mezzanine debt.

Groups 116

Groups Innovation Capital Leadership 116

Abrigo

OCTOBER 9, 2014

We can find answers in the August Bank Director’s 2014 Growth Strategy Survey , which asked executives from banks of all sizes across the United States about their growth strategies for the next 12 months. Source: 2014 Growth Strategy Survey. Source: 2014 Growth Strategy Survey. Source: 2014 Growth Strategy Survey.

Community Bank 236

Community Bank Strategy Community Survey 236

PYMNTS

APRIL 19, 2018

This was an operational error in the movement of collateral between Deutsche Bank’s principal accounts and Deutsche Bank’s Eurex account,” Charlie Olivier, a spokesman for Deutsche Bank, wrote in an emailed statement. The funds wound up in an account at Deutsche Boerse AG’s Eurex clearinghouse.

System 136

System Operations Capital Company 136

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. The talks are not final and no deal has been made. Jack Randall, a spokesman for Robinhood, declined to comment.

Regulation 123

Regulation Millennials California Capital 123

PYMNTS

DECEMBER 13, 2019

The company has integrated its proprietary P2P lending platform, Robo.cash, with the company’s Singapore arm, Robocash Pte, which launched in 2015 to help support the Robocash Group’s Southeast Asia operations. Around the world, the market reached a $54 billion value, compared to $9 billion in 2014. billion two years later.

Lending 130

Lending Regional Groups Marketing 130

PYMNTS

APRIL 2, 2018

The bank offers corporate banking, retail banking, treasury management, capital markets, credit cards and wealth management services in a range of consumer and corporate offerings. billion in 2017, though operating losses widened during that time. An F-1 registration statement revealed the bank’s plans for an IPO in the U.S.,

US 112

US Capital Regional Analysis 112

PYMNTS

DECEMBER 4, 2020

Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. The ShipMonk funding is part of a surge in cash going to such B2B companies as GoSite , which targets small and medium-size businesses (SMBs) that are moving operations online.

Boston 167

Boston Branding US Online 167

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Vintage also owns rent-to-own operation Buddy’s Home Furnishings.

Lending 103

Lending United States America Industry 103

Abrigo

DECEMBER 2, 2014

Compared to the second quarter of 2014 and the third quarter of 2013, loan growth continues to increase. Loan balances grew almost two percent over the second quarter of 2014, and almost five percent year-over-year. ” The latest list is down to 329, a decrease from 354 in the second quarter of 2014.

Community Bank 207

Community Bank FDIC Community Industry 207

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240