PYMNTS

SEPTEMBER 30, 2020

As returns from cash management offers are forecasted to drop 12 percent, trade finance revenues for banks are poised to fall by 8 percent in 2020. In 2020, the global pandemic has brought that to a screeching halt,” the “ Banking after COVID-19 ” report noted.

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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. Global investments are below the levels of pre-pandemic days, but London FinTechs have surpassed their 2018 venture capital totals of $2.3 billion in investments.

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San Francisco Fintech New York City Data 265

PYMNTS

DECEMBER 18, 2020

The IPO rate for Chinese companies is the highest since Alibaba’s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. market for 2020, according to Renaissance Capital. Chinese companies held 30 initial public offerings (IPOs) this year, raising $11.7 China and the U.S.

Phoenix 268

Phoenix Regulation Capital Marketing 268

PYMNTS

JANUARY 24, 2021

Cryptocurrency-related crime fell in 2020, according to a blog post from Chainalysis. percent, or $10 billion, by 2020, the report says. The crimes that ended up driving the change in 2020 were scams and the darknet market, the blog's stats report. In 2019, criminal activity constituted 2.1 billion in transfers.

Bitcoin 234

Bitcoin Marketing cryptocurrency Cards 234

PYMNTS

JANUARY 3, 2021

airlines are likely to lose more than $35 billion in 2020, CNBC reported, citing public documents and analysts' forecasts. Among the data CNBC cited were major drops in the share prices of airlines in 2020 — declines that followed what overall had been a good decade for the industry. According to the recent post, U.S.

US 181

US Alaska Course Capital 181

Accenture: Banking

JANUARY 23, 2022

The market turmoil of 2020-2021, along with an unprecedented surge that has renewed a focus on retail investors, has pushed direct investing platforms into the spotlight. However, during the pandemic we witnessed the union of social (media, communities and group action) and capital (saving and trading) as….

Retail 359

Retail social media Customer Experience Community 359

PYMNTS

DECEMBER 30, 2020

Though 2020 was full of volatility, the B2B FinTech landscape persevered with venture capitalists and other investors for a lucrative year. Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. CloudTrucks.

Capital 211

Capital Management Operations Security 211

Perficient

JULY 8, 2021

The Fed’s Comprehensive Capital Analysis and Review (“CCAR”) stress tests are designed to ensure that large banks can lend to households and businesses even in a severe recession. The 23 large banks tested remained well above their risk-based minimum capital requirements. Test Results.

Capital 309

Capital Exercises Analysis Lending 309

PYMNTS

FEBRUARY 5, 2020

FinTechs are keeping an eye on emerging technologies at the beginning of the year — and predicting how they will impact business-to-business (B2B) payments in 2020. As a result, Praeger believes M&A activity will be similar to what was seen last year.

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PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

Capital 298

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Perficient

MAY 26, 2021

While Fintech Generations was historically an in-person conference in Charlotte, North Carolina, this year’s event, similar to 2020, will be virtual and is expected to attract more than 1,000 attendees. RevTech Labs alumni have raised over $2 billion in venture capital and have had more than $230 million in company exits.

Fintech 462

Fintech North Carolina Charlotte Conference 462

Perficient

FEBRUARY 16, 2021

In 2020, the Federal Reserve found that large banks were generally well-capitalized under a range of hypothetical events. The Fed’s Comprehensive Capital Analysis and Review (“CCAR”) stress tests are designed to ensure that large banks are able to lend to households and businesses even in a severe recession.

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Exercises Capital Analysis Operations 309

PYMNTS

NOVEMBER 20, 2020

Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. And the investments have kept coming in 2020. That was followed by a $13.8

Fintech 332

Fintech San Francisco Capital cryptocurrency 332

Bank Innovation

FEBRUARY 28, 2020

In this episode, editors discuss the following news developments: Gulf Capital Bank raised $93 million to expand; Business and financial software company Intuit plans to buy personal finance platform Credit Karma for $7.1 Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

Capital 259

Capital Software Data Company 259

PYMNTS

JANUARY 1, 2021

This report, featuring Jumio and Capital Float showed verification measures are in place for good reason, with know your customer (KYC) rules enacted with the Patriot Act in 2001 after 9/11 to help curb funding to terrorists and prevent money laundering activity.

Trends 259

Trends Video Retail Payments 259

Perficient

JUNE 30, 2022

In 2020, The Bahamas legislation passed two digital-asset-specific pieces of legislation: the Digital Assets and Registered Exchanges Act (the DARE Act) and the Financial and Corporate Service Providers Act (the FCSP Act), which established safeguards for the custody of digital assets. Legislative Initiatives. Attracting Crypto Corporations.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

Perficient

SEPTEMBER 29, 2020

The world is quite a different place than it was six months ago, and with the 2020 holiday season fast approaching, the pressure is on to meet revenue goals in what’s been an uncertain year. That’s so much more than just a COVID-19 or a pandemic response type of thing. But, then again, so is your website more generally.

Marketing 294

Marketing Branding Data Industry 294

PYMNTS

AUGUST 6, 2020

And yet Japan remains a heavily cash-based economy, Darren Abrahamson , managing director of Bain Capital Tech Opportunities told Karen Webster. He said some of those efforts stemmed from the now-postponed 2020 Tokyo Olympics, “where they just wanted to have the ability to accept all forms of payments from all the tourists that were expected.

Capital 214

Capital Payments Mobile Trends 214

Perficient

JULY 7, 2021

Capital One, National Association. Capital One Bank (USA). Examination. Outstanding. Large Bank. Guaranty Bank & Trust, National Association. Satisfactory. Large Bank. Modern Bank, National Association. Outstanding. Wholesale Bank. Glen Allen. Glen Allen. Outstanding. Limited Purpose Bank. Universal Bank. West Covina. Outstanding.

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National Texas Tennessee CA 309

Accenture: Banking

JUNE 29, 2021

At the beginning of 2020, the mindset around cloud adoption in banking and capital markets was in a very different. Much of the industry had settled into a steady but slow migration path to the cloud that was often cautious and incremental. But with the arrival of the global pandemic, all of that changed.

Capital 244

Capital Industry Marketing 244

PYMNTS

JULY 6, 2020

Only halfway in, 2020 feels, of course, like a decade’s been packed into six months. The Business Roundtable’s CEO Economic Outlook Survey — which in part measures plans for capital spending and hiring through the next six months — fell to 34.3, The signs are a bit ominous for the U.S. consumer — and by extension, retailers.

US 196

US Course Retail Report 196

PYMNTS

AUGUST 14, 2020

Earlier this year, PYMNTS reported China’s P2P lending market was headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulations. This week, Lufax was the latest company to file an initial public offering (IPO) in the U.S.

Lending 315

Lending Regulation Industry Fraud 315

PYMNTS

JANUARY 26, 2020

Alcanza Capital and Bontu. There will be other leading venture capital firms from international waters also joining with SoftBank, though the press release does not list them. Venture capital firms started 2020 off strong, raising more than $1 billion in fields as varied as B2B payments, payroll and eProcurement.

Fintech 247

Fintech America Capital Regional 247

PYMNTS

OCTOBER 11, 2020

8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7 Instacart said it has already surpassed its 2025 milestones and is tracking to exceed $35 billion in grocery sales in 2020, PYMNTS reported.

Report 268

Report United States Capital Retail 268

PYMNTS

SEPTEMBER 3, 2019

Yet, by using technology to make flows more visible, using AI and machine learning to authorize transactions in real time, and using data and new tech to unlock new working capital options, innovators can create the biggest bang for the buck for trading partners today – as many of them already are.

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

DECEMBER 18, 2020

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement.

Report 333

Report Fraud Strategy Retail 333

PYMNTS

JANUARY 7, 2021

The discount stores saw big sales gains in fiscal 2020 — and opened lots of new sites despite the pandemic. For example, Dollar General said in releasing its fiscal Q3 earnings last month that it opened 780 new stores, remodeled 1,425 others and relocated 76 during 2020’s first 10 months. Dollar Store Chains Are Expanding .

Capital 235

Capital Course Examples Report 235

PYMNTS

OCTOBER 12, 2020

N26 already has raised nearly $800 million in venture capital, Bloomberg reported, including a $100 million round in May 2020. Venture capital investment in Europe’s FinTech industry has surpassed $35.4 "A spokeswoman for the company said there “are not yet any concrete plans for another funding round at this present moment.”.

Fintech 268

Fintech United States Capital Meeting 268

PYMNTS

AUGUST 7, 2020

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. with total funding nearly reaching $391.25 million this week. Volante Technologies.

Fintech 251

Fintech Capital New Jersey Payments 251

PYMNTS

JANUARY 8, 2021

And SPACs, hot in 2020, are, well, still hot. In only one example noted in this space, as reported this week , tech startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. We note that can stoke enthusiasm, and capital commitments (i.e., Bright spots?

Capital 237

Capital Examples Company Course 237

PYMNTS

NOVEMBER 16, 2020

While this partnership model remains popular, market volatility has once again created a need to connect more SMBs to capital as quickly and efficiently as possible. In Canada, one of those alternative players is Thinking Capital. This is a market that's going to be digital-first in the future," he said. The Digital-First Approach.

Lending 289

Lending Technology Capital Meeting 289

Bank Innovation

DECEMBER 19, 2019

Throughout 2019, banks continued to partner with startups in their efforts to build multi-service platform offerings. These relationships have been necessary to help institutions evolve their distribution models and enable startups to develop product offerings that meet customer expectations. digital partnerships team in Chicago, is […].

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Chicago Meeting Groups Innovation Strategies 221

PYMNTS

JUNE 29, 2020

Xingsheng Youxuan recently filed paperwork to go public in 2020, investment research firm EqualOcean reported. The company landed its first round of funding in the fall of 2018, when Jinshajiang Venture Capital, CapitalToday’s Xu Xin and ZhenFund helped the venture get off the ground with tens of millions in angel round funding.

Capital 273

Capital Groups Retail Company 273

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.

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Capital Strategy Branding Operations 217

Abrigo

SEPTEMBER 13, 2021

Takeaway 3 The future looks brighter, as financial institutions have cash and capital, and opportunities are starting to unfold. billion represents an increase of 281% compared to one year ago (June 2020), driven by a $73 billion decline in provision expense. This represents an increase of 1% over June 2020.

FDIC 195

FDIC Lending Capital Trends 195

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. Macy’s Chairman and Chief Executive Officer Jeff Gennette said in the statement, “The first quarter of 2020 was challenging for the country, the industry and Macy’s, Inc.

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Taxes Retail Maine Regional 232

Abrigo

SEPTEMBER 25, 2024

However, in most years, E-Tran handles far fewer loans for the following programs: 7(a) Loan Program : Known for its flexibility, 7(a) loans can be used for working capital, equipment purchases, real estate, and more. But both banks and credit unions have substantially increased their lending activity through 7(a) since 2020.

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Lending St. Louis Fraud Software 379