Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

Innovation 257

Innovation blockchain Fintech Industry 257

Bank Innovation

OCTOBER 11, 2017

A majority of American consumers want to do their banking online, and think that physical financial institutions are moving to their end as well as agree that larger banks don’t innovate fast enough for new customer needs. But, that majority still won’t leave their bank for a younger fintech model, according to the 2017 Annual […].

Fintech 259

Fintech Online Innovation Capital 259

Celent Banking

APRIL 28, 2017

Fast forward to 2017 and the launch of the new Ford GT, a modern-day supercar with a heritage dating back to the early 1960s, when the Ford GT40 won the grueling 24 Hours of Le Mans four times in a row. The post The 2017 Ford GT and FIS Connect 2017: Innovation on Display appeared first on Banking Blog.

Innovation 134

Innovation Detroit Community Bank Strategy 134

PYMNTS

DECEMBER 6, 2020

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. In addition, Foley launched another SPAC, Foley Trasimene Acquisition Corp.,

Capital 226

Capital Cards Online Report 226

PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

San Francisco 245

San Francisco Metro Online Capital 245

PYMNTS

AUGUST 14, 2019

The Financial Times is reporting that PayPal launched a domestic business in India in 2017, which allows for local and global payments in the country. PayPal considers the country critical to its growth. India is critically important,” said Sri Shivananda, chief technology officer at PayPal. PayPal faces some challenges though. .

Mobile 181

Mobile Capital Regional Google 181

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. Executives from Payoneer, NCR, FTV Capital and Ingo Money touch upon all of these trends as they tell PYMNTS their own visions for B2B payments next year.

Industry 125

Industry Trends Capital Payments 125

PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But the majority of online SMB lenders do not disclose publicly their fees and interest rates, reports warned.

Lending 131

Lending Online California New York 131

PYMNTS

APRIL 18, 2019

The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Compared to 2017 figures, small businesses have increased their demand for capital. Nearly one-third sought financing online in 2018, an increase from 24 percent in 2017.

Capital 109

Capital Survey Online Lending 109

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

Bank Innovation

FEBRUARY 16, 2017

Kahina Van Dyke, global director of commerce & payment partnerships at Facebook, will be a featured speaker at Bank Innovation 2017, which takes place in San Jose on March 6-7. Facebook has a market capitalization of $384.5 Van Dyke will participate in a fireside chat at the invitation-only event. Read More.

San Jose 220

San Jose Innovation Payments Capital 220

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

PYMNTS

MAY 10, 2018

PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. That compares with its 116 percent year-over-year volume increase between 2016 and 2017.

Capital 116

Capital Meeting Data Report 116

PYMNTS

JUNE 1, 2020

Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., CEO Michael Arougheti, who first invested in the company in 2017, told Bloomberg. the Los Angeles-based alternative asset manager.

Online 130

Online Los Angeles New York social media 130

PYMNTS

JULY 23, 2019

As noted in this space yesterday, there’s been a rush by venture capital firms to find and fund startups that focus on the digital transformation of buying and selling properties. Crunchbase has estimated venture capital money flowing to these firms in just the first few months of this year has topped $1.9

Capital 122

Capital Examples Course Management 122

PYMNTS

JANUARY 31, 2020

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. Comerica Bank and TriplePoint Capital were also named, and there were more investors that were not named. High-end fashion has been a bountiful market for the eCommerce industry.

Online 134

Online Trends Capital Branding 134

PYMNTS

FEBRUARY 26, 2019

Payment platform Payoneer is launching its Capital Advance service, the company announced on Monday (Feb. Designed as a solution to support cash flow management for online commerce companies, Capital Advance provides access to working capital financing for businesses selling online.

Tools 140

Tools Capital Online Payments 140

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The company – whose name means “Buy My Car” in the country’s official language – was founded in 2017, and last year raised $3.7 Used Vehicle Trends. million in a previous round.

Trends 115

Trends Online Report America 115

PYMNTS

JUNE 28, 2020

Some of Spiff’s investors include Norwest Venture Partners, Next World Ventures and Epic Ventures, with seed investors Kickstart Album Ventures, Pipeline Capital and Peterson Ventures also participating. The transformation for some has been slow, PYMNTS reported , with paper processes still used in many cases.

Payments 247

Payments Software America Google 247

PYMNTS

JANUARY 3, 2019

million) in the 2017-18 financial year, up from 114 crore ($16.3 million) in the 2016-2017 financial year. In addition to driving sales for dealers and manufacturers, CarDekho also provides customers with access to financing through its partners and started providing insurance options in 2017. Its revenue was 160 crore ($22.8

Online 139

Online US Report Retail 139

PYMNTS

SEPTEMBER 29, 2020

In today’s top payments news around the world, digital Filipino payments platform PayMongo has come off a funding round with $12 million, while ALDI is taking another big step in the world of online shopping. ALDI To Test Online Grocery Ordering At UK Stores. Plus, a London judge has reinstated Uber Technologies Inc.’s

Payments 189

Payments Regulation Capital Online 189

PYMNTS

AUGUST 13, 2020

A 2019 LexisNexis study found that overall retail fraud attempts increased by two times year over year and three times since 2017. As COVID-19 continues to drive unprecedented acceleration of online retail purchasing, merchants can’t afford losses due to cart abandonment or false declines,” PAAY CEO Yitz Mendlowitz said in the announcement.

Technology 248

Technology User Experience Fraud Comparison 248

Bank Innovation

DECEMBER 6, 2017

The New York-based Hypr announced today that it received an additional $2 million on a Series A funding, first announced in October 2017. Today’s round was led […].

New York 284

New York Technology Online Capital 284

PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend. Further, GLI Finance revealed a $25.93

Lending 190

Lending Capital Fintech Security 190

PYMNTS

DECEMBER 9, 2020

Redbox has attempted other things like this before, including Redbox on Demand, the 2017 online marketplace for movies and TV that was an attempt to capitalize on the new appetite for streaming as customers largely turned away from DVDs. Warner Bros.

Samsung 200

Samsung Capital Report Branding 200

PYMNTS

OCTOBER 10, 2018

Shortly after SoFi began to embark on the process of seeking a bank charter, Cagney stepped down from SoFi’s helm in September 2017. The firm has raised $50 million from investors, including venture capital firms Ribbit Capital and DCM. No word yet on what that product will look like exactly.

blockchain 124

blockchain Online Capital Lending 124

Bank Innovation

JANUARY 27, 2017

Don’t miss your chance to secure your spot at Bank Innovation 2017 for the lowest available rate, and join attendees from companies already registered, such as: BBVA Braintree Capital One JPMorgan Chase Mastercard Rabobank Concentrix Silicon Valley Bank TD Bank U.S.

Innovation 150

Innovation Capital Security Company 150

PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles.

Online 112

Online Retail Trends New York 112

PYMNTS

MARCH 20, 2020

It also coincides with increased eCommerce and other online traffic due to the coronavirus. The sources also told Reuters that social media companies that capitalize on advertising and user data could also be impacted by the new rules. .

Data 183

Data social media Policies Regulation 183

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.” SEC Regulation. CFTC Regulation.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

APRIL 8, 2019

It’s an important piece of the small business lifecycle to consider, said Blake Hutchison, CEO of Flippa , an online marketplace through which SMBs are bought and sold. Looping into QuickBooks Online, BigCommerce , Shopify or the Amazon Seller Dashboard means buyers can see copies of store performance details directly from the source.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

SEPTEMBER 26, 2019

The travel and lifestyle platform has received investments from the likes of JD.com, Sequoia Capital and Hillhouse Capital, according to Deal Street Asia. percent) of digital purchases in Indonesia in February 2017, while credit cards were used to complete approximately one-fifth (20.7 percent) of online purchases.

Cards 158

Cards Conference Capital Online 158

Bank Innovation

APRIL 12, 2017

This was the upshot from a venture capital panel at a recent Bank Innovation event in San Jose. But what got the online lenders in trouble in the first […]. Rather, it’s going through a reboot, which will include improved software, increased focus on regulation, and improved transparency.

San Jose 170

San Jose Lending Video Capital 170

Bank Innovation

FEBRUARY 28, 2018

With seven million active monthly users in December 2017, according to its fourth quarter earnings yesterday, the company’s Square Cash app—launched in 2013—is more popular than one might have thought; In any case, Square has not previously released usage numbers for the mobile.Read More.

Bitcoin 259

Bitcoin Capital Lending Online 259

PYMNTS

JANUARY 1, 2019

years in 2017, up from 6.9 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. Lyft , too, is racing toward an IPO, not content to just let Uber drive away with all the capital. years in 2013, according to a recent estimate.

Payments 223

Payments social media Analytics Capital 223