Bank Innovation

MARCH 13, 2017

2015 – with MCX as the “premier” launch partner. JPMorgan Chase will acquire Merchant Customer Exchange (MCX) payments tech – a network of the largest U.S. merchants, which ran a short-lived CurrentC pilot last year – the companies announced on Friday. The acquisition will help expand Chase Pay, which was launched in Oct.

Payments 259

Payments Company Operations Technology 259

PYMNTS

FEBRUARY 23, 2020

The operation will likely include savings and lending products, and it comes just two years after U.S. Chase has usually not done international operations, preferring to nurture its huge and profitable domestic market. JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year. leaving the European Union.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

PYMNTS

OCTOBER 16, 2020

The People’s Bank of China (PBOC) set the terms for commercial banks to seek bankruptcy, while outlining actions for lenders to follow as they aim to leave the market or reorganize through its first changes to the law as of 2015. They’ve been asked to support the economy at the expense of their own operational strength.” .

Regulation 280

Regulation Lending National Marketing 280

PYMNTS

SEPTEMBER 27, 2020

Hotels have been especially hard hit as travel has diminished amid COVID-19 shutdowns, with many operators reporting single-digit occupancy rates. In another case, the Holiday Inn La Mirada, near Los Angeles, was recently valued at $22 million — a 27 percent dive from 2015. This is material.”.

Los Angeles 303

Los Angeles Houston US Data 303

Bank Innovation

FEBRUARY 16, 2017

billion (and 459 deals) in 2015 – a 29% drop, according to the Global Fintech Read More. Venture capital-backed fintech companies in the U.S. saw a drop in both deals and funding volume last year. Fintechs raised $5.5 billion across 422 deals, compared to $7.7

Fintech 230

Fintech Capital Company Operations 230

Chris Skinner

JUNE 22, 2017

After my blog yesterday, about banks having to move from being control freaks in a proprietary operation building everything to becoming collaborative partners in an open marketplace curating everything, I was asked: “how do you make money out of curation?” It is also doubling year-on-year. billion in total. billion to UK consumers.

Lending 228

Lending Examples Marketing Retail 228

PYMNTS

NOVEMBER 20, 2020

According to Loadsmart, examples include “truckload instant pricing and booking in 2015; server-to-server autonomous truckload booking via API and TMS integrations in 2016; and drayage and transload digital services in 2019.”.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

DECEMBER 2, 2019

Despite breaking off its relationship with Danske Bank in 2015, Deutsche Bank didn’t report more than a million suspect bank transfers until February of this year. Danske Bank was no longer allowed to operate in Estonia after it admitted that $220 billion of questionable money went through a branch there between the years of 2007 and 2015. .

Washington 200

Washington New York Report Regulation 200

Bank Innovation

JULY 7, 2016

This year to date has seen $161 million invested so far, while 2015 saw a total of Read More. As the summer heats up, blockchain hype may (finally) be cooling down. 2016 will likely see less investment in bitcoin and blockchain technology, but that is true for many other areas, as well.

blockchain 210

blockchain Bitcoin Technology Operations 210

PYMNTS

FEBRUARY 7, 2020

Warehouses, though still manually operated, are in need of more automation and robotics technology to accommodate the massive challenges and demands created by the prevalence of online platforms. Nike, through the new partnership, aims to introduce more robots to help speed up their operations.

blockchain 195

blockchain Operations Apple Online 195

PYMNTS

OCTOBER 30, 2020

Under Armour acquired the business for $475 million in 2015. Under Armour was founded in 1996 by former University of Maryland football player Kevin Plank who stepped down as chairman and CEO last year, handing the reins to Frisk, the company’s former chief operating officer. The deal is valued at up to $345 million.

Baltimore 219

Baltimore Maryland Regional America 219

Bank Innovation

APRIL 14, 2017

According to the investment bank Berkery Noyes, there were 870 financial technology and information industry M&A transactions from the beginning of 2015 through to the end of 2016. The value of those deals, however, has shrunk significantly. The […].

Fintech 210

Fintech Financial Technology Technology Industry 210

PYMNTS

JULY 8, 2020

.” The first new offering integrates American Express business or corporate cards with the SAP Concur Invoice product, which is designed to help companies automate invoice processing operations. SAP acquired the company, then known as Concur , in 2015.

Washington 171

Washington Cards Operations Management 171

PYMNTS

JULY 24, 2020

Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. The new funding is an extension of that round to $580 million while the valuation remains the same, the company said. Last week, Revolut, which recently debuted in the U.S.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

MARCH 12, 2019

BigCommerce is also working with retail operations platform Brightpearl, machine learning shopping experience company Nextopia, B2B order process and eProcurement integration company PunchOut2Go, and storefront shipping management system ShipperHQ.

Tools 190

Tools Online Operations Resources 190

PYMNTS

AUGUST 16, 2019

15) that Hong Kong authorities have reportedly opened an investigation into Chinese banks operating in the city. But since the beginning of the 2015 spending spree, many of these heavily-indebted conglomerates have sold off billions of dollars in assets.

Lending 148

Lending Regulation Operations Analysis 148

PYMNTS

NOVEMBER 27, 2020

According to Walmart’s Srini Venkatesan, executive VP at Walmart Global Tech, the acquisition gives Walmart access to a network of 540 official merchant partners, and more than 30,000 people have served as drivers or “Runners” since the service launched in 2015. All other services are operating normally. On Wednesday Nov.

social media 220

social media Operations Data New York 220

PYMNTS

FEBRUARY 17, 2020

The Berlin-based digital bank said it would not be able to operate in the country anymore in the wake of Brexit, as it will no longer have a license to do business there. million customers since opening in 2015. Online bank N26 ‘s decision to exit the U.K. has customers feeling left behind, CNBC reported. locations on April 15.

Comparison 231

Comparison Digital Banking Branding Report 231

Bank Innovation

MARCH 7, 2019

Founded in 2015, OakNorth is a digital-based SME […]. Fresh off a $400 million funding led by SoftBank, fintech lender OakNorth is close to establishing its first bank partnership in the U.S., which will also serve as its entry into the country, Bank Innovation has learned.

Fintech 186

Fintech Innovation Operations Capital 186

Bank Innovation

AUGUST 16, 2018

alone, Aite projects “over 300% growth from 2015 to 2020—from $100.3 A study released today by research firm Aite and Early Warning, owner of the bank-based P2P firm Zelle, found that P2P payments will triple by 2020. In the U.S. billion to $316.6 billion” […].

Fraud 186

Fraud Payments Study Operations 186

PYMNTS

JANUARY 11, 2021

Revolut was granted a European Union banking license in Lithuania in December 2018 and has begun operations in central Europe. The London-based FinTech was founded in 2015 and has secured more than $580 million in funding on a $5.5 billion valuation.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

MAY 7, 2020

He has served as president, chief operating officer and a Fiserv director since the company completed its acquisition of First Data last summer. billion initial public offering (IPO) in 2015, Fiserv said. billion initial public offering (IPO) in 2015, Fiserv said. Operating margin was 16.7 billion in Q1 with $1.4

Leadership 181

Leadership Data Operations Company 181

PYMNTS

NOVEMBER 25, 2020

The COVID-19 pandemic is inspiring many businesses to accelerate their shifts to digital transaction methods as workforces operate remotely from home, and many are finding that doing so is helping them overcome traditional business-to-business (B2B) payment frictions.

Payments 238

Payments Tools Security Report 238

PYMNTS

MAY 10, 2019

Walmart’s started its eCommerce division in Brazil in 2011, but by 2017 it stopped doing direct sales and focused on just being a marketplace for third-party sellers, an option it launched in 2015. In the middle of 2018, Advent International acquired 80 percent of the Brazilian operation, but the division was already declining.

Strategy 183

Strategy Operations Company Report 183

PYMNTS

JANUARY 24, 2021

Operators of U.S. Over the past three months, business sentiment has been running at its highest since the start of 2015. The findings were generated by surveys IHS Markit conducts in the hope of foreshadowing trends that emerge later in high-profile, official surveys. However, capacity constraints are biting amid the growth spurt.

US 255

US Survey Trends Marketing 255

PYMNTS

JANUARY 7, 2021

As president of AppHarvest, Lee will be in charge of developing strategy and working on managing operations, leading sales, marketing and finance functions as the company continues to grow. billion in funding to accelerate manufacturing, product development and distribution into key national grocery, restaurant, and hospitality venues.”.

Kentucky 159

Kentucky Operations National Company 159

PYMNTS

NOVEMBER 13, 2020

The original Expeditions Pioneer Program launched in 2015 for educators and in 2016 was made available on the Android operating system. “As always, we’ll continue to share updates, user tips and gather feedback, and we look forward to continuing our support for the educational journeys of people around the world,” she added.

Google 222

Google Las Vegas Tools New York City 222

PYMNTS

DECEMBER 28, 2016

The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

JANUARY 21, 2019

Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as the latest example of companies in payments and FinTech gaining licenses to operate in Europe. Reuters noted that the bank, which launched in 2015, isn’t profitable. Monzo , a U.K.-based,

Trends 185

Trends Payments Fintech Mobile 185

PYMNTS

AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This is the first virtual currency trust company application approved under Superintendent of Financial Services Linda A. Lacewell. “As

Bitcoin 165

Bitcoin New York United States Leadership 165

CFPB Monitor

AUGUST 13, 2020

After analyzing the cost factors involved in determining interest rates and their implications for interest rate ceilings, the NCCF report found that break-even interest rates for loans made by consumer finance companies were quite high at small loan amounts because of the impact of fixed operating costs. A $594 loan required a 103.54

Study 148

Study Survey National Analysis 148

PYMNTS

SEPTEMBER 20, 2019

By 2022, 10,000 of the new carbon-neutral vehicles will be reportedly operating. And, by 2030, all 100,000 would reportedly be operating. Amazon entered Germany in 2015, and it is now its second-biggest market.

America 166

America Retail Operations Report 166

PYMNTS

DECEMBER 23, 2020

billion to fund Ripple’s operations and enrich Larsen and Garlinghouse.” There had been speculation over whether the company would relocate its operations outside the U.S. XRP is a currency, as the DOJ and FinCEN determined in 2015. due in part to the regulatory climate.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

TheGuardian

OCTOBER 31, 2023

French banks have financed $154bn to firms running biggest fossil fuel projects since 2015 climate pact France is Europe’s biggest supporter of “carbon bomb” extraction projects that hold enough fossil fuels to pump out more than a gigaton of CO 2 each, the Guardian can reveal. Continue reading.

Data 111

Data Capital Operations Industry 111

PYMNTS

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. “Connecting these services through our platform removes these issues, and enables the change finance and treasury teams are looking for.”

Security 143

Security US Payments Big Data 143

PYMNTS

MARCH 11, 2020

Of the potential OFAC violations, 95 percent were processed from 2015 to 2016. Some 508 transactions were comprised of “salary payments and payments associated with the operation of a vessel whose owner and operator are located in Crimea and used Swedbank in the Baltics,” the release said. “I

Conference 140

Conference Operations Report Payments 140

Perficient

MAY 27, 2022

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. For instance, Coinbase can only offer about half the coins available on its platform to New York customers. dollars.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332