Bank Innovation

APRIL 7, 2016

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

New York 150

New York Fintech social media Operations 150

PYMNTS

MARCH 17, 2017

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. trillion (2012). percent (2015).

New York City 100

New York City New York Community Industry 100

PYMNTS

JUNE 15, 2020

Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. Last year, Square Capital did $2.3 Of that number, 60 percent of the borrowers had never before received a loan through Square Capital.

Capital 141

Capital San Francisco New Jersey Massachusetts 141

Perficient

OCTOBER 29, 2024

For example, New York Life highlighted how personalization is driving generational loyalty. By automating the mundane process activities, mindshare and human capital can be invested toward more value-added activity and critical problems to improve customer experience.

Industry 473

Industry Customer Experience Strategy New York 473

PYMNTS

AUGUST 21, 2020

Reuters reported the New York-based multinational investment bank and financial services corporation filed its third suit in the U.S Southern District of New York Court to recoup $900 million it mistakenly sent to lenders of Revlon Inc. Citigroup Inc. returned to court Friday (Aug. On Tuesday (Aug. On Monday (Aug.

New York 263

New York San Francisco Capital Analysis 263

PYMNTS

JANUARY 22, 2019

That came after it shut down service in Seattle, Los Angels, and New York. Its venture capital investors included Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital, M13 and others, noted reports. That never happened, prompting its action earlier this week.

Operations 154

Operations Los Angeles San Francisco Seattle 154

PYMNTS

OCTOBER 30, 2019

New York-based FinTech startup Capital , an alternative financing company for startups, launched on Wednesday (Oct. 30) with a $100 million fund to invest in middle-stage companies, Capital announced in a press release. Capital provides its investment findings to companies along with financing terms.

Capital 100

Capital Fintech Analytics New York 100

PYMNTS

JANUARY 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser.

Nevada 180

Nevada Capital New York Groups 180

PYMNTS

OCTOBER 25, 2019

challenger banks Tide and Starling Bank ramped up their competition once again as the two rivals each announced new funding. Cybersecurity startup Firedome announced $10 million in new funding this week. While investors did not disclose how much they placed with the FinTech, it all adds to the $54.3

Capital 101

Capital Fintech blockchain Management 101

Bank Innovation

FEBRUARY 26, 2020

New York-based software startup Alkymi recently raised $5 million in a seed round to help financial institutions and other enterprise clients automate back-office workflow.

New York 259

New York Software Fintech Operations 259

PYMNTS

NOVEMBER 23, 2020

PayPal also said at the time that it had received a “first-of-its-kind conditional Bitlicense” from the New York State Department of Financial Services (NYDFS). Paxos, PayPal’s partner, operates itBit. Pantera Capital said in the report, as noted by Benzinga, “When PayPal went live, volume started exploding.

cryptocurrency 357

cryptocurrency Bitcoin New York Capital 357

PYMNTS

JUNE 14, 2020

Three merchant cash advance companies are facing a lawsuit from New York Attorney General Letitia James over reportedly practicing illicit measures when loaning money to clients, according to a press release. The three companies charged are Richmond Capital Group, Ram Capital Funding and Viceroy Capital Funding.

Company 198

Company Fraud New York Capital 198

PopularBank

OCTOBER 28, 2020

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million.

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

FEBRUARY 8, 2019

IBM is planning to invest over $2 billion to help establish an “AI Hardware Center” at the SUNY Polytechnic Institute campus in Albany, as well as boost its high-tech footprint throughout New York State. AI will transform the world in dramatic ways in the coming years.

New York 191

New York Regional Innovation Capital 191

PYMNTS

SEPTEMBER 30, 2020

We believe demand by small businesses seeking access to unsecured capital will be at unprecedented levels because most businesses have already accessed the government-backed business loan programs in the U.K. The FinTech has been operating in those markets for over 12 years. “It and Australia market,” said Goldin in the release. “We

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

OCTOBER 11, 2020

New York private equity firm GenNx360 Capital Partners has acquired B2B Industrial and the assets of AMW Packaging Supply , which will give the company a boost in the industrial packaging space, according to a press release. AMW Packaging will continue to operate out of its Phoenix, Arizona, location.

Industry 181

Industry Arizona Phoenix Illinois 181

PYMNTS

JULY 24, 2020

Venture capital is no guarantee in times of market volatility, but this week’s B2B venture capital breakdown finds several companies managing to secure millions for solutions that enable B2B eCommerce, financial management and alternative lending. million in new funding, U.K.-based With an $8.33 million funding round, U.S.-based

Capital 160

Capital Lending Operations Software 160

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

MARCH 1, 2016

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

Operations 100

Operations Strategy United States Regional 100

PYMNTS

JUNE 9, 2020

If successful, the New York-based company will list its shares on the New York Stock Exchange under the symbol “LMND,” the firm said in a U.S. Allen & Company, Barclays Capital Inc., The company began offering homeowners and renters insurance in New York in late 2016, and has expanded throughout the U.S.

New York 130

New York Capital Conference Policies 130

PYMNTS

DECEMBER 1, 2020

GoSite , a digital platform for small businesses, has landed $40 million in a Left Lane Capital-led Series B fundraising round. Cove Fund, Longley Capital, Ankona Capital, Stage 2 and Serra Ventures also took part in the round, according to a Tuesday (Dec. 1) announcement.

Capital 150

Capital New York Online Management 150

PYMNTS

FEBRUARY 26, 2020

Brink’s, which is based in Richmond, Virginia, said the transaction adds 14 new markets to its realm: the Netherlands, Malaysia , Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. and several smaller markets. times,” according to the release.

Virginia 175

Virginia New York Operations Capital 175

PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. We’re operating at this intersection of finance and technology, which are both industries that are woefully underrepresented by women in the first place,” Alaina Sparks , a managing director and the U.S.

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

JANUARY 12, 2021

London-based FinTech startup Curve has raised $95 million in Series C funding led by IDC Ventures, Fuel Venture Capital, and the investment division of Vulcan Capital, launched from the estate of Microsoft co-founder and philanthropist Paul G. Curve opened last year in Brooklyn, New York, will be the U.S. headquarters.

Fintech 220

Fintech US Samsung Capital 220

PYMNTS

AUGUST 11, 2020

One business owners said he felt as if he were dealing with an entity almost like “a gangster operation.”.

Lending 237

Lending Regulation Philadelphia New York 237

PYMNTS

JANUARY 12, 2021

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Plus, Delivery Hero is launching an early-stage venture capital (VC) firm.

Detroit 135

Detroit New York City System Payments 135

PYMNTS

JANUARY 20, 2021

Mynt is the operator of the mobile wallet GCash. Mynt's funding round this month was led by Bow Wave Capital Management, a new investor. Nikkei Asia said New York-based Bow Wave got a 14 percent stake in Mynt, putting the valuation just short of $1 billion. Nikkei Asia reported on Wednesday (Jan.

Fintech 220

Fintech New York Groups Capital 220

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

PYMNTS

DECEMBER 13, 2019

Venture capital (VC) is far from the only funding source for B2B FinTechs. Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 The solution provides a short-term working capital solution by financing unpaid invoices at a discount.

New York 130

New York Capital Fintech Report 130

PYMNTS

DECEMBER 10, 2019

A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg. . Regulatory issues regarding ride-hailing around the world have also been a concern.

New York City 157

New York City Report New York Study 157

PYMNTS

APRIL 26, 2019

Cryptocurrencies declined in trading Thursday (April 26) night after the New York Attorney General went after Bitfinex, a crypto exchange, for hiding the fact it’s missing $850 million. The New York AG says the funds used from Tether total $850 million. Tether is backed by the U.S. dollar and is known as a stablecoin.

Bitcoin 115

Bitcoin New York cryptocurrency Meeting 115

PYMNTS

JANUARY 31, 2020

as well as venture capital operations powered by Massachusetts Mutual Life Insurance Co., Last year, the company added a second headquarters in North Carolina to join its New York location. Transamerica and Axa SA. The company, which launched in 2014, has $60 million in annual revenue, Bloomberg reported.

North Carolina 141

North Carolina Massachusetts Capital New York 141

PYMNTS

DECEMBER 19, 2019

Jim Toffey, CEO of LiquidX, said SCF adds to the company’s “growing suite of trade finance, working capital and insurance solutions. The SCF platform operates on a cloud-based web portal and is a multi-funder working capital solution. It is the largest electronic marketplace for the exchange of trade finance assets.

New York City 131

New York City Capital New York Operations 131

PYMNTS

NOVEMBER 3, 2016

2) that it, along with the New York Attorney General, launched a lawsuit against what it said are the leaders of a “massive debt collection scheme” based in Buffalo, New York. The CFPB wants to shut down the operation and to obtain compensation for the victims.

New York 100

New York Operations Capital Groups 100

PYMNTS

MAY 21, 2020

KKR, the global investment firm based in New York, is the latest mega investor to join a deal to turn the digital subsidiary of Reliance Industries Ltd. The news service reported that KKR is in advanced talks to buy a $1.5 The news service reported that KKR is in advanced talks to buy a $1.5 Facebook paid $5.7

New York 130

New York Mobile Maine Operations 130

PYMNTS

MARCH 23, 2020

In comparison to the weekend of March 8, there were 28 percent fewer open houses during the March 15 weekend in New York City. said in an announcement that it will halt home buying in all 24 markets where Zillow Offers is currently in operation.

Marketing 151

Marketing New York City New York United States 151

PYMNTS

MAY 22, 2019

specifically, the use of such payments for mass transit in New York City. In an new PYMNTS discussion, Dan Sanford, Visa ’s global head of contactless payments, talked with Karen Webster about the May 31 launch of a contactless payments pilot involving the Metropolitan Transportation Authority (MTA) in New York City and Chase.

New York City 171

New York City New York Payments Training 171