PYMNTS

JANUARY 29, 2020

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis , to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release Wednesday (Jan. Worldpay and Liberis partnered in 2016 to launch Worldpay Business Finance in the U.K. Liberis Group.

Lending 131

Lending Florida Capital Fintech 131

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. Singapore’s central bank will no longer require venture capital managers to appoint directors that have at least five years of fund management experience as they have been.

Regulation 183

Regulation Capital Fintech Innovation 183

PYMNTS

MAY 18, 2020

Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital. The bank focuses on small- and medium-sized business (SMB) lending. “We The sheer deluge of funding has all added up to the unicorn status, according to FinTech Magazine.

Lending 130

Lending Capital Software Fintech 130

PYMNTS

DECEMBER 17, 2019

Domio , a startup that designs and rents apartment hotels, has raised $100 million in funding to expand both nationally and globally to 25 markets by 2020, according to reports on Tuesday (Dec. The company’s Series B round was led by GGV Capital. The funding round closed in late summer.

Marketing 101

Marketing Millennials Capital New York 101

Abrigo

JULY 20, 2024

Takeaway 3 To fully capitalize on the forthcoming C&I wave, institutions need the right products, systems, people, and technology. The emphasis for commercial credit risk management and evaluation is cash flow, fixed charges coverage, and working capital cycles. C&I lending will be the next “bomb.”

Lending 195

Lending Risk Management Management Capital 195

PYMNTS

NOVEMBER 18, 2020

Previous investors participating in the Series D included 14W, Mangrove Capital, Lerer Hippeau and Max Ventures. . Aside from offering a complimentary COVID-19 risk assessment, K Health has a test map that outlines “where people are reporting symptoms” and a national map of testing facilities, Eddleston added.

New York 233

New York Software System Industry 233

PYMNTS

JANUARY 15, 2019

The Organization for Economic Cooperation and Development (OECD), a consortium of 34 nations worldwide, has warned that the U.S. are less optimistic about the national economy, with economic outlook dropping for the fourth month in a row, according to data from the National Federation of Independent Business (NFIB).

National 128

National United States Regional Data 128

PYMNTS

FEBRUARY 20, 2020

Cybersecurity firm ZeroFOX closed a $74 million funding round led by Intel Capital that will be used to advance cyberattack detection and remediation, VentureBeat reported on Thursday (Feb. Existing investors NEA, Highland Capital Partners, Redline Capital Management, Hercules Capital and Core Capital also participated in the funding round.

Baltimore 130

Baltimore Maryland social media Hawaii 130

PYMNTS

DECEMBER 3, 2020

3) that selling off a stake will give the startup “dedicated long-term capital to pursue our vision of providing financial inclusion to a billion Indians.”. Founded in 2016 by Nigam, Burzin Engineer and Rahul Chari, PhonePe has more than 250 million registered users and over 100 million monthly active users (MAU).

Mobile 153

Mobile Payments Google National 153

PYMNTS

FEBRUARY 11, 2019

Lunar Way , the Nordic banking app, has raised €13 million in venture funding led by SEED Capital. According to a report , Greyhound Capital, Social Capital and individual investors also participated in the round of funding. At the end of 2016, the firm raised €4.2 million ($4.5

Capital 108

Capital Fintech National Report 108

PYMNTS

MARCH 2, 2020

Two individuals were accused of being connected to the Lazarus Group cybercrime organization per an update of the “Specially Designated Nationals” (SDN) list from OFAC. Coinbase had reportedly eyed a Japanese exchange as long ago as 2016, following an investment of $10.5 JVCEA said Tokyo Hash and Digital Asset Markets Inc.

Bitcoin 177

Bitcoin Policies Groups California 177

PYMNTS

NOVEMBER 13, 2017

Luckily, research from Bank of America, Wells Fargo, Capital One and others often point to one thing: Despite the challenges, small businesses are optimistic. Bank of America also found in a fall 2017 survey that nearly three-quarters of SMBs expect their 2017 year-end revenues to beat 2016’s figures. Eighty-one percent of U.S.

Taxes 105

Taxes Survey Capital America 105

PYMNTS

APRIL 10, 2019

Wells Fargo , the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts amid declines in revenue. The company has transformed significantly” since 2016.

National 144

National Capital Regulation Report 144

PYMNTS

JANUARY 12, 2020

million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. Also participating in the funding rounds were David Velez, Kunal Shah and VC fund Hillhouse Capital. Two co-founders of Google Pay in India have raised $13.2

Google 101

Google Capital Millennials Digital Banking 101

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

Taxes 144

Taxes America National Community 144

PYMNTS

SEPTEMBER 23, 2019

However, that was lower than the 19 percent growth in 2016, per information the company reportedly offered local media. The company is also creating a new, small-format store in the nation. China is part of the company’s top five markets, offering revenue of Rmb15.5bn in 2018, a 6 percent increase from the year prior.

Capital 109

Capital Retail National Report 109

PYMNTS

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. This week’s B2B venture capital roundup is quite indicative of these trends.

Fintech 192

Fintech San Francisco Capital Software 192

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

MAY 9, 2016

Bank of America, Capital One, Wells Fargo, Chase and more published their findings — sometimes to contradicting conclusions. Chase reached some optimistic conclusions regarding how small business owners feel about the year ahead, while Capital One highlighted a 9 percent decline in SME optimism.

America 100

America National Capital Survey 100

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. For its part, ShopClues raised nearly $150 million in funding in 2016 to reach a billion-dollar valuation, becoming the seventh Indian startup firm to join the unicorn club.

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

OCTOBER 24, 2016

92% of South African SMEs are planning for growth next year , found a new report by the National Small Business Chamber (NSBC). Its 2016 National Small Business Survey signals widespread optimism across the nation’s small business community, despite economic challenges.

Payments 100

Payments National Regional Survey 100

PYMNTS

MARCH 6, 2017

China’s Forex regulator wants the nation to open up its domestic market, reports said Friday (Mar. An article in a publication owned by the regulator called for a more open, competitive domestic foreign exchange (FX) market that enables a flexible FX rate mechanism to mitigate against cross-border capital fluctuation, according to reports.

Marketing 100

Marketing Regulation Capital Compliance 100

South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ).

Community Bank 195

Community Bank Community Analysis Industry 195

PYMNTS

SEPTEMBER 16, 2016

Earlier projections had predicted slower growth for 2016. Shay sees even better growth in the future but suggested that the government stop proposing rules and regulations that hinder capital investment and find ways to help retailers increase income and job stability for employees. percent in June, according to Internet Retailer.

Retail 100

Retail US Data National 100

PYMNTS

JUNE 9, 2017

Capital One wasn’t far behind at 5.31 percent in 2016. Omaha-based First National Bank rounded out the top three at 4.21 Capital One responded that it had not loosened its standards. Synchrony Financial saw the highest charge-off rate at 5.4 percent, up from 4.84 percent the previous year. percent, up from 4.23

Cards 107

Cards Omaha Lending National 107

PYMNTS

NOVEMBER 9, 2018

8) said that eProcurement platform SESAMi and alternative and invoice financing firm Capital Match are merging their companies to roll out a “fully integrated supply chain financing solution to corporates and their suppliers,” the companies said in a joint announcement. Reports in Vulcan Post on Thursday (Nov.

Fintech 166

Fintech National Tools Report 166

PYMNTS

AUGUST 26, 2019

capital goods were up in July, but shipments were down by the most in about three years. In terms of the headline numbers, Commerce Department data showed that non-defense capital goods orders were up 0.4 26) the Chicago Fed said the latest reading of its national activity index fell to negative 0.36 26), orders for some U.S.

US 108

US Capital Chicago Data 108

PYMNTS

MARCH 2, 2018

“The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It There are scenarios, too, in which a merchant cash advance may actually be the best financial option for a business in need of working capital.

Capital 119

Capital Lending Louisiana Data 119

PYMNTS

JANUARY 25, 2018

Fiverr is “raising more money and generating more capital, which allows us to take tools like [those] of AND CO and just make them free,” Kaufman told TechCrunch. Terms of the deal were not disclosed, but TechCrunch noted that AND CO has raised $2 million in seed funding, with Thrive Capital leading the round back in 2016.

Tools 101

Tools Capital Online Community 101

PYMNTS

DECEMBER 4, 2018

The ministers’ plan has actions that last until 2020, and includes measures to reduce the power of national supervisors setting anti-money laundering rules. The agreement comes following two years of talks and was proposed by the European Commission in 2016. The review is expected to last until June, past the EU elections in May.

National 144

National Examples Capital Management 144

Jeff For Banks

DECEMBER 12, 2016

Total return includes two components: capital appreciation and dividends. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. However, to exclude trading inefficiencies associated with illiquidity, I filtered for those FIs that trade over 1,000 shares per day. Well done!

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60

PYMNTS

MARCH 22, 2017

Chinese eCommerce giant Alibaba, for one, has bet big bucks that consumers in the nation of over 1.3 China’s National Bureau of Statistics indicated that the nation saw a 26.2 percent increase in online retail sales in 2016. Some 460 million Chinese nationals made an online purchase last year, accounting for about 15.5

National 101

National Online Retail Marketing 101

PYMNTS

JANUARY 1, 2019

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223

Payments social media Analytics Capital 223

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. In the 2016 tightening cycle, the Fed started running off its balance sheet two years after its first rate hike.

Community Bank 195

Community Bank Community Industry Online 195

Bobsguide

JULY 28, 2022

As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. After almost 18 years, the Platform has become a key part of the infrastructure of Japan’s capital markets. ” Digitizing and Streamlining.

Company 68

Company Meeting Capital Exercises 68

PYMNTS

FEBRUARY 7, 2019

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

Taxes 122

Taxes Lending National New York 122