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 eCommerce volume is expected to reach $75 billion by 2025, and economic output in FinTech is anticipated to add $150 billion by 2022 to its GDP.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

MAY 19, 2020

These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said. As it worked to address the pandemic, Kohl’s said it cut its planned capital expenditures by about $500 million and sizably decreased expenses throughout the business.

Retail 235

Retail Report National Capital 235

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

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. There are plans to issue 5 million PayLater cards by 2025. Indonesia -based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s unbanked.

Cards 158

Cards Conference Capital Online 158

PYMNTS

SEPTEMBER 28, 2020

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating. "It's been a really rough adjustment for a lot of them.".

social media 215

social media Capital Fintech Operations 215

PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. 2) for a wholesale license, which has a capital commitment of $100 million.

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

AUGUST 23, 2018

Forget Apple and its $1 trillion market capitalization. On top of margins improving at Amazon Web Services, the analyst said the company’s fulfillment operations should have better profitability, and that Amazon’s fresh food delivery service should increase as well. By 2025, Sanderson thinks Amazon will be in control of 14.5

Marketing 100

Marketing Apple Operations Retail 100

PYMNTS

FEBRUARY 26, 2020

Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly. Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. billion by 2025.

Software 209

Software Fraud Resources Tools 209

PYMNTS

JANUARY 13, 2021

13) on the Nasdaq Global Select Market and the Nasdaq Capital Market under the symbols “BTRS” and “BTRSW,” respectively. Billtrust has completed a special purpose acquisition company (SPAC) merger with South Mountain Merger Corp., and is expected to begin trading Wednesday (Jan. Starbucks announced on Tuesday (Jan.

Analytics 145

Analytics Fraud Payments Capital 145

PYMNTS

FEBRUARY 4, 2019

LINE, the Japanese messaging app, plans to invest 20 billion JPY ($182 million) into its payments business in an effort to grow that area of its operations. According to a report , the capital injection will go to the LINE Pay digital payments unit. LINE said in a filing that they are “necessary funds for its future business operation.”

Payments 127

Payments Operations Report Capital 127

PYMNTS

OCTOBER 1, 2019

German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report from Reuters. The company set a target for an operating profit of $5.77 The company’s five-year plan includes an operating profit of five billion euros by 2020. “We

Analytics 102

Analytics Operations Capital Company 102

PYMNTS

APRIL 16, 2018

business is creating a venture capital-type unit. The way we will work as a team will look and feel very much like a startup or scale-up operation,” Davey said in a statement to Reuters. Known as “ring-fencing,” the strategy aims to separate bank assets from riskier operations at the bank and will be a requirement for the largest U.K.

Capital 122

Capital Strategy Innovation Operations 122

PYMNTS

SEPTEMBER 8, 2020

The migration away from brick-and-mortar retail toward eCommerce is pressuring retailers to modify their payments operations, but building the in-house infrastructure to support those systems from the ground up can be prohibitively expensive and drain businesses’ time and resources,” according to the new Payments Orchestration Playbook.

Payments 146

Payments System Operations Analytics 146

PYMNTS

APRIL 3, 2019

The popularity of CBD products is growing among consumers, and drug store operators want to capitalize on that. analysis, nearly 7 percent of Americans say they use CBD products, and the market could reach $16 billion by the year 2025. CVS announced it would begin selling CBD products from Curaleaf at 800 stores in 10 states.

Analysis 144

Analysis Survey Meeting Examples 144

South State Correspondent

NOVEMBER 6, 2024

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each impacting bank operations in the coming year. If Apple can pull this off, then a host of use cases and operations would be born out of Siri, banking/fintech app, and task integration.

Conference 195

Conference Payments Fraud Apple 195

PYMNTS

AUGUST 27, 2018

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. The company plans to spend that money through 2025, according to a report from Reuters. OTA Software. Growing Market.

Software 100

Software Google Detroit System 100

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141

Tools Boston Cards Management 141

PYMNTS

AUGUST 29, 2018

Morgan Stanley has an overweight rating on Amazon and noted the eCommerce giant has been able to surpass the high end of its operating profit forecasts by an average of 60 percent in each of the last three quarters. Last week, MKM Partners said Amazon could reach a market capitalization of $2.5 trillion by 2024.

Operations 100

Operations Marketing Capital Retail 100

PYMNTS

AUGUST 21, 2019

It is indeed imperative that banks capitalize on these technological advances and the associated business models. Indonesia has more than 100 million WhatsApp users and eCommerce activity is expected to top $100 billion there by 2025. As has been reported, India has been looking into banning cryptocurrency but embracing blockchain.

Fintech 174

Fintech Guidelines Policies Regulation 174

PYMNTS

SEPTEMBER 18, 2019

According to researchers, FinTech startups threaten to take a $280 billion piece of banks’ payment revenue pie by 2025 with their competing services — worth 15 percent, reports noted. In an interview with CNBC, WePay Chief Operating Officer Tina Hsiao said that the service helps JPMorgan “diversify the overall business.”. “We

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

AUGUST 7, 2020

by 2025 and to experience an 11.5 Cybercriminals are eager to capitalize on the virtual gaming industry’s increasing popularity, using tactics that include creating phony versions of popular online games that compromise users’ smartphones or computers once downloaded. billion in the U.S.

Online 222

Online System Fraud Video 222

PYMNTS

NOVEMBER 27, 2019

Additional PYMNTS research found that firms believe implementing automation could significantly improve their operations, particularly their B2B payments. New Working Capital Optimization Opportunities . workforce by 2025. A notable 80.8 percent of firms still make payments using paper checks. .

Millennials 161

Millennials Payments Capital Technology 161

PYMNTS

DECEMBER 14, 2018

That wasn’t perhaps the most surprising news, given how Amazon keeps taking control of more logistical and delivery operations — an effort that many observers expect will eventually include the eCommerce operator competing head-to-head with UPS and FedEx. billion in capital. That’s one take on the news Thursday (Dec.

Retail 197

Retail Millennials Capital Operations 197

PYMNTS

JANUARY 8, 2020

Consider that think tank New Financial said that as of March, more than 275 firms in banking and finance have moved at least some of their asset base, staff or operations away from the U.K. As we noted, Paris may see a boost in startup and FinTech capital flows (and thus, new companies taking flight). and to the EU. Just kidding.

Fintech 145

Fintech San Francisco Course New York 145

PYMNTS

MARCH 11, 2016

It seems every week we ponder whether there actually exists a drought in venture capital. Now, with fresh funding, FairFX will focus on the corporate side of its operations. Here’s a country that doesn’t show up in our venture capital roundup too often: Chile. B2B funding is far from consistent. million to B2B startups.

US 100

US Capital Software Operations 100

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. What does that mean, then?

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

AUGUST 27, 2019

The industry is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate. And investors are still pouring capital into companies operating in the sector. The global sharing economy is on a sharp growth curve.

Denver 134

Denver Analysis Trends Resources 134

PYMNTS

JUNE 10, 2016

By the year 2025, these travelers will spend an average of $5,300 on each of those trips – an increase of nearly 35 percent over the ten-year period 2015-2025. Visa estimated that by the year 2025, nearly half of all global households (945 million) will fall within this income range. Percent Increase.

Meeting 100

Meeting Study United States Branding 100

PYMNTS

NOVEMBER 3, 2020

billion globally in 2025, marking a compound annual growth rate (CAGR) of 68 percent over the next five years. Other services providers that have typically focused on brick-and-mortar commerce are reinventing their operations as foot traffic drops off during the pandemic. It is predicted to leap from just $13.2

New York 175

New York United States Denver Chicago 175

PYMNTS

AUGUST 8, 2019

The company previously raised $111 million in venture funding from Bessemer Venture Partners, Accel, Square Peg Capital, Qumra Capital and others. Fiverr operates in a constantly evolving world of digital payments and commerce, one regularly documented by PYMNTS research. trillion to the global GDP by 2025. Gig Growth.

Report 116

Report Trends Strategy Capital 116

Abrigo

FEBRUARY 3, 2020

Creating more efficient operations and improving customer experiences are the goals driving technology strategies and investments at many U.S. But research firm Gartner estimates that through 2025, 99% of cloud security failures will be the customer’s fault. Technology spending priorities.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

MARCH 25, 2019

In fact, it is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate. And investors are still pouring capital into companies operating in the sector.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

PYMNTS

JUNE 27, 2019

In fact, it is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate. And investors are still pouring capital into companies operating in the sector.

Puerto Rico 109

Puerto Rico Los Angeles San Francisco Millennials 109

PYMNTS

SEPTEMBER 22, 2016

From self-driving cars already turning over engines in Pennsylvania , to Lyft saying close to no one will own a car by 2025 , to IBM’s driverless shuttle , the question remains who will need car insurance. Canada’s Intact Financial and China Pacific Insurance, New Enterprise Associates, First Round Capital, Mitsui and SV Angel.

Pennsylvania 100

Pennsylvania New Jersey Oregon Policies 100

South State Correspondent

MARCH 23, 2022

Thus, where most banks would focus on a referral program, Nubank ranked the quality of the referee and allocated more capital into acquiring the customer they referred. They use that loyalty and profit to expand into other services to build out the platform further while making sure they have operating leverage.

Branding 221

Branding social media Strategy Data 221

Accenture

AUGUST 26, 2019

Following the announcements made in 2018 by a number of system operators, the proposed migration of all HVPS over next few years marks the biggest move to date towards this objective. Banks can now even leverage ISO 20022 and APIs as the standard for data exchange in payments within the applicable regulatory and compliance requirements.

Industry 232

Industry Payments System Guidelines 232

Gonzobanker

DECEMBER 14, 2023

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. million (that’s right million) of financial donations and support to the community in 2025. Grab some popcorn and watch.

Fintech 190

Fintech Community Regional Technology 190