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

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

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 16, 2017

Venture capital-backed fintech companies in the U.S. Venture capitalists were not buying it last year. saw a drop in both deals and funding volume last year. Fintechs raised $5.5 billion across 422 deals, compared to $7.7 billion (and 459 deals) in 2015 – a 29% drop, according to the Global Fintech Read More.

Fintech 230

Fintech Capital Company Operations 230

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

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

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

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

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

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

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

Celent Banking

DECEMBER 20, 2016

Last week, I had the pleasure of attending and presenting at Branch Transformation 2016 , sponsored by RBR. From Capital One Bank to Shinhan Bank, branch networks are delivering value to both customers and shareholders. The event was held in London on 6th-7th December. The key is doing it well. It’s a journey, not a destination.

Case Study 100

Case Study Metro Study Capital 100

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

MARCH 1, 2016

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

Operations 100

Operations Strategy United States Regional 100

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

Bank Innovation

JUNE 23, 2016

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. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

JANUARY 3, 2017

2016 was a good year for the gig economy, full of growth and new protections. Jeanne MacDonald, global operating executive and president of talent acquisition solutions for Korn Ferry Futurestep, noted that employers should expect to start offering the same pay and benefits to gig employees and full-time workers. About The Index.

New York City 107

New York City New York Trends Study 107

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

PYMNTS

AUGUST 15, 2016

Electronic or ePayments are simple, fast, convenient and (mostly) safe, but it’s 2016 and forms of ePayment are still not the dominant or most accepted form of payment for consumers. If your company is still making payments with paper checks, you’re not capitalizing on today’s best practices.

Survey 100

Survey Fraud Payments Data 100

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016). The region is also home to an active and fast-growing startup scene.

Capital 100

Capital Regional Innovation Fintech 100

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

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

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

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

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

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

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. InfraRisk will integrate cloud-based software to help add profiles for management borrowers, loan pricing and other services to help with efficiency and overall operations.

Lending 130

Lending Capital Software Fintech 130

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

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

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

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 Strategy 271

Abrigo

DECEMBER 28, 2023

The eBook also explained the critical steps of capital planning to meet financial institution goals and critical modeling assumptions for key funding sources. It covered the significant ways banks and credit unions measure interest rate risk and manage liquidity risk. Stay up to date on CECL best practices.

Resources 221

Resources Risk Management eBook Strategy 221

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

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

JANUARY 9, 2020

The increased regulatory and capital requirements for China’s P2P lenders should continue to put pressure on the sustainability of business models across the sector in 2020, leading to further industry contraction,” said Katie Chen, director for non bank financial institutions at Fitch Ratings, told the South China Morning Post Tuessday (Jan.

Lending 131

Lending Regulation Capital Industry 131