PYMNTS

JULY 25, 2018

Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes. Earlier this year, eBay announced it would be shifting its payment processing needs from PayPal to Adyen.

Lending 134

Lending Capital Apple Operations 134

PYMNTS

JANUARY 10, 2019

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. CAN Capital added Siciliano from commercial financing company Marlin Business Services , where he served in a variety of roles, including CEO and chief operating officer. 9) that Edward J.

Capital 134

Capital Leadership Customer Experience Lending 134

Abrigo

MARCH 6, 2016

Fifty-one percent of bankers and board members surveyed in the 2016 Bank M&A Survey by Bank Director and Crowe Horwath LLP reported their banks intend to make a purchase in the next 12 months. Nearly half (47 percent) cited capital constraints, and 41 percent said banks don’t want to sell.

Capital 150

Capital Survey Meeting Resources 150

PYMNTS

JANUARY 7, 2021

Digitally native mattress and home goods brand platform Resident landed a $130 million investment headed up by Nexus Capital Management and Ion Crossover Partners with participation from Baron Capital Group in Q4 of 2020, according to a Thursday (Jan. 7) announcement.

Capital 217

Capital Strategy Branding Operations 217

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

PYMNTS

DECEMBER 30, 2016

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. India saw a particularly lucrative year.

Capital 124

Capital National Resources Apple 124

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

AUGUST 21, 2020

While many firms returned the money at Citi’s request, the bank said in court documents, a dozen have been sued after what the bank called an “operational error” caused it to transfer $900 million of its own funds to Revlon creditors one day after the troubled cosmetics company was sued over its restructuring tactics. On Tuesday (Aug.

New York 263

New York San Francisco Capital Analysis 263

PYMNTS

NOVEMBER 20, 2020

Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

OCTOBER 1, 2018

in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. I apologize to our customers for the inconvenience caused in 2016.”. Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m What’s more, it said customers faced disruptions in normal service. ”

Fraud 134

Fraud Security Resources Operations 134

PYMNTS

DECEMBER 28, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Capitulation . The year 2016 was the year of capitulation by FinTechs to the traditional banking industry.

Payments 128

Payments eBook Fintech Regulation 128

PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

Capital 108

Capital Lending Report Regulation 108

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

BankUnderground

DECEMBER 4, 2024

Bowen Xiao Zero-day options have exploded in popularity in recent years, accounting for approximately half of S&P 500’s total options volume, a ten-fold increase from just 5% in 2016. Bowen Xiao works in the Bank’s Banking Capital Policy Division. or leave a comment below.

Marketing 124

Marketing Risk Management Retail Capital 124

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. million funding round over the weekend, with the corporate expense management company seeing funding from Sabadell Venture Capital, Venturecap, Bankinter, Telegraph Hill Capital and Kibo Ventures. Spain-based Captio revealed a $1.1

Capital 100

Capital blockchain Management Lending 100

PYMNTS

AUGUST 14, 2020

13) they had been fully repaid on a loan issued in 2016, the sources said. Citi executives asked for the money back, saying it was paid inadvertently due to an operational error, sources said. Lenders who sued Revlon were surprised to learn Thursday (Aug. Revlon is involved in a legal dispute with some of its lenders.

Exercises 271

Exercises New York Branding Report 271

PYMNTS

JANUARY 19, 2018

As such, automakers are hitting the venture capital highway in droves. In 2017, there were 38 disclosed venture and seed rounds by automakers , up from 26 in 2016 — and astronomically higher than only six in 2015. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Ridesharing.

Capital 109

Capital Las Vegas San Jose California 109

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

JULY 10, 2019

African payments startup OPay has raised $50 million in funding after investors such as Sequoia China, IDG Capital and Source Code Capital joined in the latest round, according to a report. With this funding round, OPay has new backing from Chinese investors like Source Code Capital and Sequoia China.

Mobile 176

Mobile Payments Capital Report 176

Bank Innovation

MARCH 10, 2016

Sometimes realism and pessimism can be the same thing. The 900 startups featured in Silicon Valley Bank’s seventh annual Startup Outlook report, released today, largely agree they face a challenging fundraising situation in the year ahead. Another major problem? Finding the talent to build products.

Report 150

Report Survey Operations Capital 150

PYMNTS

JANUARY 31, 2021

TRTWorld reported that Getir, which operates in 10 cities in Turkey, saw a significant boost in business when restrictions related to COVID-19 took effect. According to Crunchbase , the company has raised about $170 million from investors including billionaire Michael Moritz of Sequoia Capital.

Survey 204

Survey Capital Report Operations 204

PYMNTS

OCTOBER 4, 2016

The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer. 27, 2016, Prosper will no longer offer the Folio Investing Note Trader platform, the secondary market for Prosper Notes.

Marketing 170

Marketing Lending Operations Financial Technology 170

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.” dollars.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

PYMNTS

JULY 31, 2019

“Enabled by our integrated network of buyers and suppliers and a growing suite of partnerships and capabilities, American Express can provide digital payment tools and working capital that make it easy to pay suppliers anywhere in the world.

Payments 191

Payments Tools Resources Management 191

Bank Innovation

OCTOBER 28, 2016

BlackLine Inc. priced its IPO at the high end of the range on Friday, and surged nearly 50% in a delayed opening, squarely placing the accounting and software company in unicorn territory. Could this signal the beginning of something good for tech? Los Angeles-based BlackLine priced 8.6 million shares at $17 Read More.

Los Angeles 150

Los Angeles Software Company Operations 150

PYMNTS

FEBRUARY 14, 2017

She comes to Chase Merchant Services with background experience in retail and mortgage business management, consulting, strategy, lean manufacturing, operations, transformation and change management. Prior, Strappa has held positions at GE Capital and McKinsey. trillion and features operations worldwide.

ATM 168

ATM Strategy Online Data 168

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

PYMNTS

MARCH 5, 2019

In addition to the new funding, Proactis announced that its new CEO, Tim Sykes, is launching a review of the company’s operations in the U.S. It stymies investment as well as working capital,” Proactis Financial Solutions Director Anthony Persse said in the announcement.

Capital 159

Capital Resources Payments Technology 159

PYMNTS

DECEMBER 19, 2019

Jim Toffey, CEO of LiquidX, said SCF adds to the company’s “growing suite of trade finance, working capital and insurance solutions. The SCF platform operates on a cloud-based web portal and is a multi-funder working capital solution. It is the largest electronic marketplace for the exchange of trade finance assets.

New York City 131

New York City Capital New York Operations 131

PYMNTS

APRIL 14, 2020

Companies fortunate enough to retain access to their suppliers have had to rethink purchasing practices to ensure that their vendors — especially smaller players with fewer financial reserves — are able to stay in operation and continue selling to them. That concern has prompted major companies to start paying their small vendors faster.

Strategy 299

Strategy Meeting Report Payments 299

Bank Innovation

JULY 7, 2016

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

blockchain 210

blockchain Bitcoin Technology Operations 210

Bank Innovation

JANUARY 12, 2017

Funding Circle raised $100 million for its peer-to-peer lending platform AND notched record lending activity in the final quarter of 2016 — AND pushed its U.K. operation into profitability. Everything that happened in fintech this week in the U.K. is just plain wrong. Oh, the indignity of it. Read More.

Lending 150

Lending Fintech Operations Online 150

PYMNTS

MARCH 2, 2020

The company reportedly applied for an operating license in the country in the past. Coinbase had reportedly eyed a Japanese exchange as long ago as 2016, following an investment of $10.5 million from a group that included Mitsubishi UFJ Capital as well as Bank of Tokyo Mitsubishi UFJ.

Bitcoin 177

Bitcoin Policies Groups California 177

PYMNTS

MAY 8, 2019

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. Reports noted the company also digitizes this process, making it easier for truckers to operate.

Fraud 135

Fraud Report Indianapolis Leadership 135

PYMNTS

JUNE 9, 2020

Allen & Company, Barclays Capital Inc., Founded by tech veterans Daniel Schreiber and Shai Wininger in 2016, Lemonade is a property and casualty insurance carrier. The company began offering homeowners and renters insurance in New York in late 2016, and has expanded throughout the U.S. Morgan Stanley & Co., population.

New York 130

New York Capital Conference Policies 130