PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

Fraud 110

Fraud US Data Payments 110

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

OCTOBER 6, 2019

After the acquisition, ModCloth will continue to operate out of its current operational set up, with Go Global Retail investing in its digital capabilities including artificial intelligence and predictive analytics. Walmart acquired the assets and operations of ModCloth in March 2017 for an undisclosed amount.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

OCTOBER 22, 2018

Ukrainian government officials are defending payments made to their digital procurement platform provider, following claims of wasted funds as detailed in the nation’s 2017 budget. 19), the nation’s First Deputy Economic Development and Trade Minister Maksym Nefyodov defended the more than $2.3

National 122

National Conference Report System 122

PYMNTS

JANUARY 23, 2020

The actions announced by the OCC today reinforce the agency’s expectations that management and employees of national banks and federal savings associations provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations,” Comptroller of the Currency Joseph Otting said.

Community Bank 185

Community Bank Regulation Community Meeting 185

PYMNTS

AUGUST 31, 2017

The assault was a distributed “denial of service” (DDoS) attack, which overwhelms a firm’s website so its services don’t operate properly. The same month, Barclays fought off their own cyberattack, according to the National Crime Agency. Our cybercrime officers have analyzed reams of data on the way. “Our

National 115

National Operations Groups System 115

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. The company reportedly applied for an operating license in the country in the past. JVCEA said Tokyo Hash and Digital Asset Markets Inc.

Bitcoin 177

Bitcoin Policies Groups California 177

PYMNTS

FEBRUARY 25, 2020

Some representatives from the world’s central banks discussed the matter last week in Kyiv, Ukraine, at a conference arranged by the National Bank of Ukraine. But while NBU had been exploring that idea as far back as 2016, tests among a limited number of participants revealed no discernible advantage to using a CBDC.

NJ 130

NJ New Jersey Bitcoin blockchain 130

Bank Innovation

MARCH 10, 2016

Chase’s new online banking portal takes a page — or hundreds of pages, rather — from its mobile app, which is the nation’s most popular bank app with more than 22 million users. The site, developed over the course of 18 months, is being rolled out in stages throughout 2016, with Read More.

Mobile 150

Mobile Course National Online 150

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

Jeff For Banks

DECEMBER 12, 2016

Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. billion of assets and operates eleven branches in the metropolitan Milwaukee market, a loan production office (LPO) in Minneapolis, Minnesota, and 45 mortgage banking offices in 21 states. It's size today, at $2.5

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60

PYMNTS

NOVEMBER 5, 2020

National Payments Corporation of India (NPCI), which operates the country’s popular UPI (Unified Payments Interface) system, said in a Thursday (Nov. WhatsApp has won a green light to expand its payments service in India after a two-year pilot program by the Facebook-owned service.

Payments 150

Payments social media Google National 150

Chris Skinner

JULY 13, 2017

I knew exactly what he was getting at, as the banks I deal with in USA, UK, France, Germany and other European nations are always fretting over the challenge with their old systems. Compare that to the measly $112 billion in mobile payments in the USA in 2016, and you can see the difference. It is not easy.

United States 316

United States System Mobile Maine 316

PYMNTS

MAY 18, 2020

We now have one of the strongest capitalized tier-1 ratios in the country and intend on rapidly growing our national footprint, and expanding the products and services we offer to thousands of Australian [SMBs], whose needs have long been ignored by the major banks,” said David Hornery, co-CEO and co-founder, according to FinTech Magazine.

Lending 130

Lending Capital Software Fintech 130

PYMNTS

JANUARY 23, 2020

The actions announced by the OCC today reinforce the agency’s expectations that management and employees of national banks and federal savings associations provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations,” Comptroller of the Currency Joseph Otting said.

Community Bank 136

Community Bank Regulation Community Meeting 136

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.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

FEBRUARY 24, 2017

National department store chain Kohl’s recently released its fourth-quarter financial earnings for 2016. While online order volumes were strong in Q4, slowing traffic to physical stores led to overall weak sales results for the end of 2016 to January 28, 2017. At the end of the year, Kohl’s operated 1,154 stores in 49 U.S.

Online 116

Online National Branding Management 116

PYMNTS

JULY 27, 2018

intelligence experts are warning of the risks of major cyberattacks on the technology operating throughout businesses’ supply chains, according to BBC reports Thursday (July 26), raising alarms for enterprises that increasingly rely on software to function and interact with their business partners. A report by the U.S.

Community 104

Community US Software National 104

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. billion USD.

Security 110

Security Report National Millennials 110

PYMNTS

DECEMBER 5, 2018

The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation. It hasn’t been easy for the nation’s small businesses, however. “Where there were 15 workers before, now there are three. Soon, we might have to ask them to go home.”

Innovation 171

Innovation Survey Operations Community 171

PYMNTS

OCTOBER 8, 2019

Cotten didn’t file personal tax returns for 2014, 2015 or 2017 and his 2016 return didn’t report any income from Quadriga, and Robertson’s tax returns from 2015 and 2016 showed income of less than C$60,000 a year, while in 2017 there was income of less than C$5,000 — but none of it from Quadriga. Robertson controlled.”.

Bitcoin 181

Bitcoin Taxes Innovation cryptocurrency 181

PYMNTS

MAY 22, 2019

In a letter, Snapdeal said some unnamed companies were taking advantage of “glaring loopholes” to operate inventory-based eCommerce models, adding that the “loud protests” over the new rules were an “indication of how effective this regulation” will be. However, it was reported that the platform has been struggling to meet orders as of late.

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

FEBRUARY 9, 2017

National supermarket giant Kroger Co. million last month to purchase the retail condo housing the cheese shop’s flagship store, along with affiliated classrooms, catering and event operations. In late 2016, Kroger began testing sensor and analytics technology to let shelves and products interact with shoppers.

New York City 100

New York City New York National Operations 100

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

PYMNTS

OCTOBER 7, 2019

Walmart has a few eCommerce properties, like Jet.com, which it bought in 2016. Walmart has begun the process of letting go of some of those acquisitions, and earlier in the year it folded Jet.com into already existing operations. In 2017, the retail giant bought ModCloth and Moosejaw, and outdoor retail company.

Online 100

Online Retail Digital Strategies Branding 100

PYMNTS

MARCH 12, 2019

” “The institutions have failed to sufficiently prioritize and resource their reviews, particularly as ASIC advised them to commence the reviews in mid-2015 or early 2016,” she said. According to reports, the banks are reviewing operations as far back as 10 years ago, with more than 7,000 advisors involved.

Regulation 108

Regulation National Resources Security 108

Abrigo

JULY 20, 2024

Drive growth The big C&I lending wave is coming If opportunities to drive bank or credit union performance are like the waves surfers seek constantly, C&I lending will be the next “bomb,” according to Joel Pruis , Senior Director and Lending & Operations Practice Lead at Cornerstone Advisors.

Lending 195

Lending Risk Management Management Capital 195

PYMNTS

JUNE 4, 2018

The combination of leaked National Security Agency (NSA) tools, plus state-sponsored capabilities, triggered a systemic event,” Mark Camillo, head of cyber for EMEA at AIG, said in a statement. researcher hadn’t quickly found and activated the kill switch.”. If users didn’t pay within that time frame, the ransom would double.

Data 109

Data National Bitcoin System 109

PYMNTS

SEPTEMBER 4, 2019

The program launched toward the end of 2016 , but so far only 1,700 businesses have been referred to alternative providers of capital under the program, reports noted. Their brokerage operations continue to be manual, making it impossible to handle a higher number of referrals, reports said. A total of $38.7 A total of $38.7

Data 109

Data Operations Community National 109

PYMNTS

FEBRUARY 27, 2019

A wide range of biometric solutions are being used to develop national identification systems around the world. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 Digitizing government services .

Security 159

Security National Wyoming Idaho 159

PYMNTS

MAY 16, 2017

The first proof of concept launched at National Highway Authority of India’s (NHAI) Manesar Toll Plaza on Monday (May 15). Here are the numbers: 400 | Number of toll plazas operated by NHAI. 10 trillion | Total value exchanged in the “push” payments market, according to a 2016 Visa press release. billion | Estimated U.S.

Data 100

Data System National Payments 100

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. The country’s government and regulators are keeping pace with those in the European Union and the U.S. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

OCTOBER 24, 2019

The Office of the Comptroller of the Currency (OCC) debuted a special purpose charter in 2016 that would have given FinTechs a leg up on competing with traditional financial services companies. By way of example, FinTechs must cobble together money transmitter licenses from each state in which they operate.

Fintech 101

Fintech FDIC New York National 101

PYMNTS

AUGUST 29, 2016

26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a report by CoinDesk , a representative of Finland’s customs office said the online drug site was named Valhalla, which has been in operation since Oct.

Online 101

Online National Operations California 101

PYMNTS

MARCH 5, 2018

Amazon, according to its in-nation general manager, is eyeing an expansion into grocery delivery in France — a part of its global push on food retail, though it has no immediate plans. in September 2016,” Frederic Duval told the Journal du Dimanche , adding that the Whole Foods deal marked a new step in that ambition. “We

Report 100

Report Taxes National Groups 100

PYMNTS

JANUARY 4, 2017

As of now, the service is only operational in the city of Bangalore. India is one of the fastest-growing digital commerce hubs on the planet, which made the nation of some 1.3 The company introduced its Prime service to India in July 2016, where it has invested billions of dollars in developing a logistics network across India.

Video 109

Video National Online Retail 109

PYMNTS

OCTOBER 5, 2016

The number of workers was slightly higher in 2015 than in 2001, according to the National Restaurant Association, which opposes minimum wage hikes. percent annually through 2024, in line with the national average, according to the Bureau of Labor Statistics. As a result, most operators do not want to assume the investment risk.

Chicago 161

Chicago National Industry Operations 161