PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

NOVEMBER 23, 2020

For purposes of this analogy, the “basement” into which bad mice are creeping is most likely your legacy payroll/expense management software and its possibly compromised connections. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them.

System 165

System Management Tools Cards 165

PYMNTS

DECEMBER 27, 2018

From kiosks to online ordering and drive-through lanes, these merchants sought to provide their customers with digital alternatives to ordering at the counter in 2018. The offerings come as managers of QSRs are seeing digital ordering options as a valuable offering. Pizza Hut noted that so far this year, about half of its U.S.

Innovation 157

Innovation Branding Online Technology 157

PYMNTS

JUNE 29, 2020

SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

How To 239

How To Payments Management social media 239

PYMNTS

JULY 25, 2019

New account fraud has become the most expensive form of identity fraud for businesses and consumers alike,” Kyle Marchini, senior analyst, fraud management at Javelin Strategy & Research, said in an emailed press release. million consumers in 2018. In fact, NAF hit its second highest level ever, affecting 3.2

Fraud 148

Fraud Report Mobile Strategy 148

PYMNTS

SEPTEMBER 26, 2018

Earlier this year, CoinDesk data revealed more money was raised via ICO in the first quarter of 2018 than in the entirety of 2017, totaling $6.3 He is also CEO of his new venture Genesis , a company formed to provide consulting and asset management services in the context of cryptocurrencies. billion raised via ICO in July.

Management 164

Management cryptocurrency blockchain Regulation 164

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. Cyber attacks are regularly cited as one of the top risks faced by firms in the financial sector and one of the most challenging to manage. Rachel Adeney and Amy Fraser.

Operations 127

Operations Policies System Regulation 127

PYMNTS

MAY 18, 2020

JCB, one of the biggest credit card operator in Japan, has also worked with blockchain before, partnering with U.S.-based billion in fiscal year 2018. JPMorgan Chase recently announced a new product, “Coin and Cleaning Networks,” focusing on new age cash management and payments services. based Paystand for a B2B payments system.

blockchain 287

blockchain System Payments cryptocurrency 287

PYMNTS

AUGUST 5, 2020

What Thrasio is doing better than anyone else right now is making a business out of buying Amazon businesses, which it then onboards, optimizes and operates. In fact, it has been profitable since it was founded in July 2018, with its revenue doubling (on average) every 73 days. company to reach profitable unicorn status.

America 336

America Marketing Operations Retail 336

PYMNTS

FEBRUARY 17, 2020

In the February Intelligence of Things Tracker , PYMNTS examines how connecting devices can promote efficiency, optimized operations and streamlined organizational structures — but doing so can also create favorable data breach conditions for fraudsters. billion in three years, up from its 2018 value of $79.5

blockchain 249

blockchain Maine Security Data 249

Perficient

AUGUST 16, 2020

This law was signed on February 16, 2018, and officially went into effect on February 16, 2020. This law will apply to manufacturers, sellers, lessors, and nay business that installs manages, or operates an MLTS. On March 23, 2018, the President signed the RAY BAUM’S Act into law. RAY BUAM’S Act.

System 348

System Regulation Texas Compliance 348

Perficient

OCTOBER 30, 2024

In April 2021 a Statement and separate Request for Information on Model Risk Management was issued by FinCEN and the FDIC, Federal Reserve, NCUA, and OCC.

Regulation 221

Regulation FDIC Compliance Innovation 221

PYMNTS

JULY 5, 2020

In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., We see our mission, to make it easy to do business anywhere, reflected in Tokopedia’s journey,” said Finance Manager Kenny Ho at Alibaba at the time. s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators.

Google 264

Google Regional Retail Groups 264

Abrigo

DECEMBER 17, 2019

There are many operators of mule networks offering their services on the Dark Web. Not surprisingly, these operators have prepared for Black Friday and Cyber Monday, mainly by increasing mule capacity to satisfy the high demand during the holiday shopping. Cyber Complications for Vendor Risk Management. Learn More. Learn More.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

FEBRUARY 18, 2020

Some operations like Chipotle are even rolling out store designs that feature pick-up windows to let order-ahead diners collect their items without having to enter the restaurant. Kitchens must figure out ways to reduce their operational costs so that they can provide these compelling prices. Find this story in the Tracker.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. 12) announcement. The company says that over $18.5

Payments 182

Payments United States Software California 182

PYMNTS

SEPTEMBER 18, 2020

Grab entered Southeast Asia in 2018 when it bought operations from Uber, Nikkei Asian Review reported. This is the time to rebrand and launch Gojek under a single application brand,” said Pinya Nittayakasetwat, Gojek’s country manager in Thailand, according to the news outlet. Gojek entered the market a year later.

Leadership 185

Leadership Branding Operations Report 185

PYMNTS

MARCH 12, 2020

The report, which was commissioned by the Government Accountability Office (GAO), found that in 2018, USPS’ retail facilities generated about $10.5 billion in revenue and cost $5 billion to operate. Those facilities accounted for about 15 percent of total fiscal year 2018 revenues and about 7 percent of its total costs.

Retail 169

Retail US Survey Examples 169

PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. American Express Bets On Blockchain In B2B.

blockchain 188

blockchain Cards Payments Management 188

PYMNTS

DECEMBER 5, 2018

“Ninety percent of our business has been wiped out,” said factory operator Vinod Gupta at the time. The research suggested that small businesses planned to rebound in 2018, and set up a likely environment of optimism for 2019. “Indian [SMBs] are focusing on expense management as much as on increasing revenue.”

Innovation 171

Innovation Survey Operations Community 171

PYMNTS

JANUARY 25, 2021

The Reserve Bank of India aims to prevent events such as the collapse of a significant financier in 2018. 55-Plus Group Lends Optimism To Travel Operators. The central bank of India wants more stringent regulations for large shadow lenders. It seeks to put non-bank financial firms into one of four categories. trillion in 2019.

United States 217

United States Regulation Payments Lending 217

PYMNTS

JULY 10, 2020

The nCino Bank operating system is a single, multi-tenant cloud platform that digitizes client onboarding, loan origination and deposit account opening across commercial, small business and retail lines of business. percent of total revenues) in fiscal 2018, representing a 64.7 Sales are expected to start during the week of July 13.

North Carolina 197

North Carolina Software Compliance Security 197

PYMNTS

JULY 6, 2020

Jakarta-based Payfazz operates through agents — the company’s network consisted of more than a quarter million — who process payments to pay utility bills, buy telephone time and add to mobile wallets, Tech in Asia reported. according to a Crunchbase report , which noted the startup’s Series A round was in November 2018.

Capital 211

Capital Groups Report Mobile 211

PYMNTS

MARCH 6, 2020

percent increase from our previous study conducted in 2018, the AI Innovation Playbook , which showed a usage rate of just 5.5 The most prevalent systems by far are business rules management (BRMS), which is employed by 82 percent of banks, and data mining, used by 79.3 This represents a 69.7 percent of them. For example, 21.4

Data 204

Data Fraud Study System 204

PYMNTS

MAY 10, 2019

In the middle of 2018, Advent International acquired 80 percent of the Brazilian operation, but the division was already declining. About 70 of the 90 employees for the division were laid off, and the 20 who remain are dedicated to managing orders.

Strategy 183

Strategy Operations Company Report 183

PYMNTS

OCTOBER 26, 2018

25) said Citi’s Asia Pacific Commercial Cards Survey 2018 revealed businesses in the region are expanding their commercial card programs, as organizations shift away from legacy payment tools and use their cards for more spend categories, including procurement and meetings and events. . Reports in The Asset on Thursday (Oct.

Cards 199

Cards Regional Survey Tools 199

PYMNTS

FEBRUARY 8, 2019

The disclosures come as Wirecard has said that back in April of 2018, an employee of its Singapore operations had raised concerns about another member of the team. The FT had reported that Edo Kurniawan, who heads accounting operations in the Asia Pacific, had been accused of forging and backdating contracts.

Metro 169

Metro Fraud Compliance Taxes 169

PYMNTS

SEPTEMBER 12, 2019

“The business world has accelerated, but the payments that enable it are stuck in neutral – paper checks and manual invoicing need to be scrapped, man-hours need to be applied to more strategic roles and back-offices need tools to help streamline operations,” said James Anderson, executive vice president, commercial products.

Payments 192

Payments System Innovation Compliance 192

PYMNTS

DECEMBER 13, 2018

Foreign exchange (FX) volatility can be detrimental to businesses with heavy reliance on cross-border operations. He added that corporates should instead tackle their FX risk mitigation in more manageable — and more regular — occurrences to prevent “buyers’ remorse” and protect themselves against financial losses.

Management 155

Management Trends Data Analytics 155

PYMNTS

AUGUST 20, 2020

. “We thoughtfully selected this diverse group with industry experts from across the full spectrum of the payments ecosystem including financial institutions, payment network operators, technology providers, and business end users,” said FPC Board Chair Michael Bilski in a statement. Visa Joins NACHA Pilot.

Groups 252

Groups Payments Survey Data 252

PYMNTS

DECEMBER 10, 2020

Airbnb, of course, comes to market after the pandemic hit operations earlier this year — and then things snapped back. billion year over year, while operating losses grew from $173 million to $489 million over the same period. As noted in this space previously, on Sept. 30 of this year, revenues were down 32 percent to $2.5

Course 247

Course Online Marketing Operations 247

PYMNTS

MAY 12, 2020

Cao has served as senior vice president in charge of store operations and customer service since 2018. Before joining Luckin, he had more than 23 years of experience at McDonald’s China and served in various positions, including vice president and North regional manager.

Fraud 185

Fraud Chicago Washington Regional 185

PYMNTS

MAY 29, 2019

Robinhood Markets , the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. Robinhood was forced to retreat from offering a bank account after announcing in late 2018 a checking and savings product with 3 percent interest.

National 159

National California Maine Marketing 159

PYMNTS

FEBRUARY 28, 2019

Square ‘s Q4 earnings 2018 results came after market close on Wednesday (Feb. The Cash App , Square said, had more than 15 million monthly active users in December 2018, more than double the number seen in the final month of 2017. Moving forward, management said that focus would remain on mobile payments and online initiatives.

Cards 170

Cards Trends Payments Conference 170

PYMNTS

AUGUST 14, 2020

Plastic foam has managed to spend nearly eight decades at the top of the packaging market despite the fact that it’s annoyingly squeaky and crumbles under the slightest pressure. And it doesn’t fit in with most companies’ operations very well.”. And, he noted, TemperPack is just getting started.

Las Vegas 256

Las Vegas Nevada Virginia Operations 256

PYMNTS

MARCH 1, 2018

28) reports by the Global Trade Review , the bank’s senior innovation manager, Joshua Kroeker, held a media call and announced that after developing the trade finance solution for about two years, HSBC is “confident enough to actually do a live transaction” using its blockchain technology. “For According to Wednesday (Feb.

blockchain 198

blockchain Technology Tools Regulation 198

PYMNTS

MARCH 21, 2019

In early 2018, eBay announced its plans to intermediate payments through a multi-year implementation that may last through mid-2020. eBay says it expects to manage the majority of payments on its platform by 2021. eBay says it expects to manage the majority of payments on its platform by 2021.

Google 194

Google Apple Payments Security 194