PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital.

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Payments Capital Online Meeting 300

PYMNTS

JANUARY 21, 2021

Welcome to the world of international trade finance and the business of smoothing over the 90-plus day payment lags and quality fears that trading partners often half a world apart must routinely contend with on a daily basis. said Pushkar Mukewar , co-founder and CEO of Drip Capital in a conversation with PYMNTS’ Karen Webster.

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Payments Dive

MARCH 22, 2024

More than 30 organizations demanded the deal not be subject to expedited federal review and that public hearings be held in the largest lending markets for both Capital One and Discover.

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Capital Lending Marketing 195

Payments Dive

MARCH 26, 2024

Dominated by Visa and Mastercard, card network markets “sorely need an injection of competitive rivalry,” Capital One argued in its application to regulators to purchase Discover.

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Capital Regulation Cards Marketing 195

PYMNTS

SEPTEMBER 15, 2020

Although they are vastly different beasts, shifts in the consumer payments ecosystem have significantly impacted the flow of B2B payments. A Single Digital EU Market. That framework can be applied to merchants' payment solution providers, too. All parties in the payment ecosystem.

Payments 299

Payments Risk Management Management Compliance 299

PYMNTS

NOVEMBER 3, 2020

Hong Kong-based digital payment platform Statrys has recently landed $5 million in funding through a closed-door funding deal with an angel investor with the expectation that the firm will get market share in the expanding remittance and digital payment arena, according to an announcement.

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Payments Resources Online Lending 263

PYMNTS

OCTOBER 2, 2020

The mergers and acquisitions, the deal-making, the funding and IPOs among payments players may be just getting started. Scan recent headlines and you’ll see that Equifax bought Ansonia Credit Data; Corsair Capital bought B2B payments solution provider MSTS, and OnDeck was bought out. to go public.

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Payments Innovation Capital Fintech 277

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. Versapay Eases Payment Pain With AR Tool. NexusPayments Tackles Real Estate Supplier Adoption.

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Marketing Tools Resources Payments 232

PYMNTS

OCTOBER 19, 2020

Paya , the latest FinTech to the join the ranks of publicly-traded companies, made its market debut Monday (Oct. Shares of the Atlanta-based payment processor had risen by nearly 10 percent to $12.50 on the Nasdaq Stock Market shortly before Wall Street's 4 p.m.

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Payments Atlanta Software Fintech 266

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. that focuses on early-stage firms, led the investment round.

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Fintech San Francisco Capital cryptocurrency 332

PYMNTS

SEPTEMBER 29, 2020

Mastercard and ACI Worldwide are teaming up to “provide a wide range of real-time payment solutions globally.” This will address the opportunity created as the “account-to-account payments market continues to quickly expand,” a press release said on Tuesday (Sept. ACI is a payment-systems company headquartered in Naples, Fla.

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Payments System cryptocurrency Regional 248

PYMNTS

JANUARY 28, 2021

In the payments industry, they’re known as remittances. But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines.

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Innovation Marketing National Report 294

PYMNTS

SEPTEMBER 18, 2020

Online platforms have done much to transform payments — especially in terms of transparency, speed and distribution — across any number of verticals from ride-hailing to food delivery. And we felt that we could create an offering to give them access to more capital.”. Or accountants did not do much accounting.

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Payments Tools Capital Industry 312

PYMNTS

JULY 13, 2020

Today, while shutdowns have led many businesses to temporarily halt non-essential spending, many in the market actually expect the expansion of the freelancing community to accelerate as a result of market volatility. Payments are key to the trust equation, particularly when hiring expands across borders.

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Payments Regional Community Trends 273

PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. This combination of facilitating payment and data connectivity was the motivation behind Transcard's launch of automated account-to-account (A2A) transactions.

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Data Payments Management Fintech 291

PYMNTS

JULY 29, 2020

“Fundamental changes to the B2B payments landscape are taking place today, faster than ever before, helping the ecosystem eliminate inefficient B2B payments processes.”. Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of moving B2B funds especially.

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Payments Meeting Trends Tools 245

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.

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Capital Exercises Analysis Lending 309

PYMNTS

MAY 19, 2020

Payment collections software company Ontario Systems has acquired SwervePay to help bolster its electronic payment capabilities, according to a press release. Ontario Systems aims to sell RevQ+ software on the market, which works with managing the collection of fees for court-ordered debt payment, income taxes and property tax.

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System Payments Taxes Software 239

South State Correspondent

JULY 24, 2024

There have been many a banker who has said they want to offer a high-yield account because the “higher interest expense is just like paying marketing costs.” However, the majority of customers require a referral, a marketing effort and a sales effort to bring them in the door. The economics look something like the below.

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South Carolina Marketing Capital Idaho 417

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. In Mastercard's case, that involves embracing a mix of interoperable payment rails via its Mastercard Track Business Payment Service.

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Payments Innovation Cards Trends 297

PYMNTS

NOVEMBER 27, 2019

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business. Progress in Tackling Cross-Border Payments Friction.

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Payments Data Technology Community 294

PYMNTS

SEPTEMBER 2, 2020

Canada’s largest private non-bank payment processor, filed for an initial public offering (IPO) in Canada Tuesday (Sept. The Montreal-based payment technology company was valued at $2 billion at the close of 2019. and RBC Capital Markets. Nuvei Corp. 2), seeking to raise as much as $600 million, a source told Reuters.

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Payments Fintech Security Technology 229

PYMNTS

JUNE 19, 2020

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release , which will be a step toward readying the business sector for the digital age. The release says the step will help CBDC reach wider audiences, beginning with corporate entities.

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System Payments Study Capital 246

PYMNTS

APRIL 14, 2020

“Whether we are talking about spending money or receiving money from a disbursement, we will likely see the acceleration of digital payment adoption…” as one byproduct of the COVID-19 pandemic. Edwards discusses payments post-pandemic in Black Swan, a special report exclusively from PYMNTS.com.

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Payments Exercises US Compliance 258

PYMNTS

MAY 27, 2020

Despite some drawbacks, legacy rails have mounds of potential to tackle a multitude of B2B payments friction points. For payments technology players, finding the opportunities to build upon existing infrastructure continues to open up new doors in B2B payments improvements. Mastercard Track Business Payment Services Launch.

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Payments Cards Resources Compliance 231

South State Correspondent

SEPTEMBER 20, 2022

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

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Conference Marketing social media Data 195

PYMNTS

FEBRUARY 17, 2020

billion, of those out-of-pocket costs, go totally unpaid, according to PYMNTS’ research , because consumers haven’t been offered an option that matches their willingness to pay with their ability to make those payments. Another 15 percent of total healthcare costs are attributed to billing and payment inefficiencies.

Payments 227

Payments Innovation Marketing Software 227

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.

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Fintech Capital New Jersey Payments 251

PYMNTS

NOVEMBER 26, 2020

HSBC has launched its new HSBC Open Payments solution, which will enable companies to install alternatives to debit or credit for customers to pay for things, according to an emailed press release. The HSBC Open Payments application will let businesses connect their checkout pages with the customers' online apps or app-based mobile platform.

Payments 228

Payments Mobile Fraud Innovation 228

South State Correspondent

OCTOBER 4, 2023

If you want to grab a material amount of new deposit balance, offer a 5.05% money market rate, post it all over Instagram, and sit back and watch the money roll in. In this article, we will show you 15 proven deposit marketing campaigns that will rack up deposit-gathering wins while building a high-performing bank in the process.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

NOVEMBER 2, 2020

There’s a time and a place for all rails, and in an age where faster payment schemes are multiplying across the globe, it may seem that the payments ecosystem is simply on a never-ending treadmill of adding rails and never taking them away. Buyers and suppliers don’t really care about the network, but they want to have the payment.

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Payments Course Data Bitcoin 297

PYMNTS

NOVEMBER 24, 2020

PayPal’s CEO Dan Schulman recently told CNBC that he’s confident the move to digital currencies is being swiftly adopted and will be permanent, noting “there's no question that people are flocking to digital payments and digital forms of currency.”. million, CoinDesk reported, the first IPO to use cryptocurrency as an accepted currency.

Bitcoin 339

Bitcoin Lending cryptocurrency Capital 339

PYMNTS

OCTOBER 14, 2020

To that end, Ken Gavrity , head of enterprise payments at KeyBank , told Karen Webster that companies must re-examine the most basic operations in order to stay afloat and maybe even thrive – or face existential threats as they mull the great digital shift. Looking at Working Capital – and Security. All high-tech is not created equal.

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Payments Course Innovation Operations 242

PYMNTS

OCTOBER 8, 2020

8) announced a beta offering called Line of Credit that it says lets its FinTech customers use the XRP digital currency to send cross-border payments. We allow you to lock in a rate at the time of the payment, then repay us when it’s convenient for you, for a small fee.”. “We The service is not available to individuals.

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Capital blockchain Operations Payments 250

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Current investors from A91 Partners, MAJ Inevst, LGT Lightstone and Falcon Edge Capital also participated.

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Capital Lending Cards United States 288

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

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San Francisco Fintech New York City Data 265

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As Merchants that had focused on getting customers to increase time in stores switched to efforts to decrease time in stores, with digital payments playing a key role.

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Retail Payments Online Marketing Strategies 211