PYMNTS

JUNE 10, 2020

The BlackRock-led group is injecting capital into Trustly at a time when the company is building out its network, which enables merchants to accept bank transfers with the same ease as they now take credit card payments. Trustly had revenue of more than $147 million in 2019, according to Nordic Capital’s website.

Capital 131

Capital Groups California Online 131

PYMNTS

JANUARY 17, 2019

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

Capital 150

Capital America blockchain Regulation 150

Insights on Business

JANUARY 25, 2019

Looking at the top five blog entries of 2018, we see that using technology to meet the ever-increasing scale and rate of regulatory change is top of mind for financial service organizations. As Marc Andrew’s notes in his blog, Demystifying AI for risk and compliance , in 2018, we saw AI tackle exhausting regulatory requirements.

Marketing 79

Marketing blockchain Compliance Innovation 79

PYMNTS

JANUARY 9, 2019

New data shows that venture capital funding of artificial intelligence (AI) companies jumped a whopping 72 percent last year, hitting a record $9.3 Those deals fell from 39 percent in 2017 to just 30 percent in 2018. In addition, it was reported that AI in the healthcare market is expected to grow to $36.1 billion by 2025.

Google 137

Google Apple Data Capital 137

PYMNTS

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. In 2018, Volt was the first neobank to get a RADI, the report notes.

Capital 154

Capital ATM Analytics Report 154

PYMNTS

FEBRUARY 13, 2019

The company noted that it still needs to gain approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market, which issued regulations for crypto exchanges last summer. billion of venture capital invested in the sector across 2,304 deals, a 148 percent or 2.5 Bithumb has certainly been busy.

blockchain 128

blockchain Fintech Bitcoin cryptocurrency 128

PYMNTS

JANUARY 23, 2019

Capital One ’s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. billion, a jump Capital One said was mainly due to a 65 percent increase in marketing expenses. Capital One said its Q4 revenue increased 1 percent year over year to $7 billion.

Capital 156

Capital Cards Branding Conference 156

PYMNTS

JANUARY 2, 2019

Bitcoin finished up its worst year yet, as the price of the popular cryptocurrency plummeted by over 80 percent over 2018, Coindesk reported. In addition, the digital currency’s total capitalization dropped by almost $700 billion. But the cryptocurrency ended 2018 with a price of just under $3,750.

Bitcoin 139

Bitcoin cryptocurrency Capital Analysis 139

Let's Talk Payments

JUNE 7, 2019

A growing number of new players in any industry is a sign of an expanding market and opportunities for innovators. Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. FinTech is not an exception here.

Fintech 107

Fintech United States blockchain Financial Technology 107

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

PYMNTS

JUNE 7, 2019

Europe’s Financial Stability Board ( FSB ) said on Friday (June 7) that higher bank capital requirements, which were put on the books during the financial crisis, will remain. When the banks were required to increase their capital in 2010, they argued it would hurt their ability to keep up their lending pace. In January, the U.K.

Capital 108

Capital Lending Regulation Meeting 108

PYMNTS

JULY 12, 2018

and Tata Capital has rolled out a new lending platform in India. At first, the company will be referred to as ‘TransUnion, formerly Callcredit’ and will then be known as just TransUnion later in 2018. In other news, India’s Tata Capital has rolled out an online working capital platform for its customers, the company said.

Capital 100

Capital US Fintech America 100

PYMNTS

JANUARY 7, 2021

7) that it was merging with publicly-traded Social Capital in an $8.6 Noto will continue in his role as CEO which he has held for three years since arriving from Twitter in 2018, where he was COO, and prior to that the NFL, where he served as CFO. The FinTech IPO Market. Online FinTech startup SoFi announced Thursday (Jan.

Capital 150

Capital Los Angeles Boston Lending 150

PYMNTS

JANUARY 24, 2021

The crimes that ended up driving the change in 2020 were scams and the darknet market, the blog's stats report. in January of 2018, and after that, an underground operation emerged, in which the yen were exchanged for other digital currencies on a dark website. More stats show that scams netted around $2.6

Bitcoin 234

Bitcoin Marketing cryptocurrency Cards 234

PYMNTS

DECEMBER 3, 2018

China’s venture capital landscape is undergoing a shuffle,” Shanghai-based Wei Zhou, founder and CEO of XNode, said in an interview with Venture Beat , “which means that startups are scrutinized more rigorously than in the past and fewer domestic candidates pass the screening. As of October 2018, venture investment in China hit $93.8

Capital 129

Capital US National Examples 129

PYMNTS

DECEMBER 17, 2018

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo.

Capital 116

Capital Compliance Report Software 116

PYMNTS

JUNE 7, 2019

Europe’s Financial Stability Board said Friday (June 7) that higher bank capital requirements put on the books during the financial crisis will remain. When the banks were required to increase their capital back in 2010 they argued it would hurt their ability to keep up their lending pace. In January the U.K. In January the U.K.

Capital 100

Capital Lending Regulation Meeting 100

PYMNTS

OCTOBER 18, 2017

The data-driven “Restock Kroger” initiative will largely take the place of new growth in the coming year, according to Supermarket News , with improvements to customer service and assortment winning out over expansion in 2018. Capital expenditures for 2018 are projected at $3 billion. Breaking It Down by the Numbers.

Data 109

Data Strategy Branding Retail 109

BankUnderground

JULY 7, 2020

Chart 1: GDP-weighted “global” public real rates and previous series, 1311–2018. For instance, we can observe the apparent existence of two secular reversal periods, during which public capital markets broke from their general downward trend and entered lasting periods of higher real rates, ca.1320–1480, 1320–1480, and ca.

CA 141

CA Trends Exercises Data 141

PYMNTS

APRIL 1, 2019

Some providers are capitalizing on the concept by launching new services that offer access to premium content such as newspapers and magazines in exchange for a monthly fee. subscription box market by 2022 is £1b. The share of Americans aged 14 to 21 who subscribed to internet-based video services in 2018 is 80 percent.

Innovation 130

Innovation Capital Los Angeles Video 130

BankUnderground

DECEMBER 3, 2020

While planes were grounded, capital flew out of emerging market economies in response to the acceleration in the spread of the virus in the early stages of the Covid-19 pandemic. Was this capital flight predictable once you account for the sudden deterioration in the global financial environment?

Capital 82

Capital Study Policies Marketing 82

PYMNTS

NOVEMBER 8, 2018

In the third quarter of 2018, over 40 percent of larger seller GPV came from sellers that started on Square as micro-sellers.” In reference to the latter business, in the third quarter of 2018 Square Capital facilitated over 62,000 business loans totaling $405 million, up 34 percent year over year, revealed the company.

Capital 181

Capital Conference Bitcoin cryptocurrency 181

PYMNTS

JANUARY 31, 2019

British restaurants hit a milestone in 2018 — the number of insolvent ones hit an all time high, and has even doubled since 2010, according to report by Reuters. According to a study by the accountant firm Price Bailey, restaurants are struggling because of the proliferation of delivery apps, and also the saturation of the market.

Marketing 143

Marketing Study Data Examples 143

PYMNTS

OCTOBER 8, 2019

still decided to postpone its listing “in light of currently unfavourable and uncertain market conditions, particularly in the technology sector.” Net income for the company has increased 54 percent to $203 million in the first six months of 2019 compared with the same period in 2018. “We stock market.

Marketing 139

Marketing Fintech New York Maine 139

PYMNTS

MAY 11, 2017

A new partnership recently announced between Capital One and Spotify aims to discount subscriptions as a means to draw more users into signing up for the music streaming service’s premium option. With great partners like Capital One, we can create unique ways to give the millions of Capital One customers in the U.S.

Capital 100

Capital Regional Cards Meeting 100

Accenture

AUGUST 20, 2019

But in a quickly changing world, merchants now require simple, secure and frictionless along with easy integrations, cloud-based solutions, mobile applications and digital enablers—just to name a few hot terms in today’s payment market. Market conditions are ripe for ISVs to move into payments. Merchants therefore need to adapt.

Software 150

Software Capital Payments Analysis 150

PYMNTS

MAY 18, 2018

The rate of credit card delinquencies jumped 52 basis points (BPS) in the first quarter (Q1) of 2018, and will likely continue to increase over the next 12 months as consumers take on more debt. percent in Q1 of 2018, “down slightly from a year ago,” Moody’s said. Performance by banks was mixed again in Q1 2018. percent and 4.9

New York 120

New York Survey Cards Report 120

PYMNTS

DECEMBER 17, 2019

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6 million in a seed round led by Deciens Capital, according to a report. Chipper Cash, which went live in 2018, raised $2.4

Fintech 130

Fintech San Francisco Marketing Montana 130

PYMNTS

JANUARY 2, 2019

The P2P lending market in China has been rife with scams and controversy for some time now. Prior to the recent activity on the part of the Chinese government , this type of lending was seen as one of the riskiest and least regulated areas of the financial markets. trillion yuan by the end of 2017, reported Bloomberg.

Lending 153

Lending Marketing Regulation Groups 153

PYMNTS

DECEMBER 27, 2018

However, an awful lot is in fact different at the dusk of 2018 than it was at the dawn. The year 2018 saw massive changes in where consumers shop, how they pay, and what goods and services they want in their carts. Canadian and European markets, Facebook said it will turn to expanding its service offerings in 2019 and beyond.

Retail 123

Retail Online Cards United States 123

PYMNTS

OCTOBER 16, 2020

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. The pandemic has dealt blows to many markets, but so far, London's FinTech market appears to be coping well, the release stated, with data suggesting that around 95 percent of the U.K.'s

San Francisco 265

San Francisco Fintech New York City Data 265

PYMNTS

JUNE 13, 2019

Remittence technology firm WorldRemit is stepping into the cross-border B2B money transfer market with the launch of WorldRemit For Business, reports in Africa News said Wednesday (June 12). ” The launch of WorldRemit for Business comes just days after the company announced it raised $175 million in venture capital.

Marketing 122

Marketing Mobile Payments Capital 122

PYMNTS

FEBRUARY 19, 2018

But just as it’s nearly impossible to predict with precision the future of an ever-changing, ever-innovating market, it’s just as difficult to draw a single conclusion from so many experts’ opinions. In short, while 2017 was the year of payments disruption, 2018 will be the year of the satisfied customer.

eBook 100

eBook Payments Customer Experience Innovation 100

BankUnderground

FEBRUARY 5, 2021

Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. Negative liquidity shocks on the other hand constitute a tightening of financial conditions, reducing lending and real investment ( Bruno and Shin (2015) and Avdjiev et al (2018) ).

Marketing 134

Marketing Policies Study Tools 134

PYMNTS

OCTOBER 30, 2018

trillion in market capitalization by 2024. An MKM analyst said in a research note to clients that AWS may be worth $1 trillion in six years – that would be larger than Amazon’s market cap, which currently stands at $929 billion. After (briefly) hitting $1 trillion in market cap on Sept. Amazon reported $56.6

Marketing 130

Marketing Apple Operations Retail 130

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. The market map below categorizes the Fintech 250 companies based on core area of focus.

Fintech 78

Fintech Lending Capital Analytics 78

ABA Community Banking

AUGUST 31, 2020

The post ABA: GSE Capital Re-Proposal Raises New Concerns appeared first on ABA Banking Journal.

Capital 98

Capital Marketing Community Bank Policies 98