PYMNTS

OCTOBER 15, 2020

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners.

Online 334

Online Exercises Retail Capital 334

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. The news reveals CEO Anthony Noto 's aspirations to go public after he succeeded SoFi Co-Founder Mike Cagney in 2018. SoFi was valued at $4.8

Report 269

Report San Francisco Lending America 269

PYMNTS

JULY 30, 2019

A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people. Software engineer Paige Thompson, 33, allegedly boasted about the hack and left crumbs for investigators to follow, The New York Times reported. Online, she used the name “erratic.”.

Capital 219

Capital Seattle United States New York 219

PYMNTS

DECEMBER 29, 2020

. — think Amazon , Starbucks , McDonald's and Walmart — are expected to get even bigger post-pandemic, while small- to medium-sized businesses (SMBs) fight for survival, the Financial Times (FT) reported Tuesday (Dec. While people hunkered down, companies providing digital delivery of essentials saw business soar. A record $2.5

Report 251

Report Branding Analysis America 251

PYMNTS

DECEMBER 15, 2020

In another sign of the strength of initial public offerings (IPOs) right now, eCommerce site Wish has sold shares to investors at the top of its price range, the Financial Times (FT) reported. billion and gave it an implied market capitalization of $14 billion. Investors have previously valued the company at $11 billion, FT reported.

Report 235

Report San Francisco Capital America 235

PYMNTS

AUGUST 6, 2020

Monzo Bank Ltd, the London-based online bank, must now have a capital worth of 13.6 The Financial Times (FT) reported the new requirements are among the first signs the Bank of England ( BoE ), the United Kingdom’s (U.K.) FT reported a check of recent regulatory filings revealed the number was increased by more than half.

Capital 196

Capital Regulation New York Digital Banking 196

PYMNTS

AUGUST 14, 2020

Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. an Amazon spokesperson has said in published reports. Reuters reports this is the latest initiative by the eCommerce giant to broaden its reach in a key growth market.

Online 194

Online Report Meeting Marketing 194

PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. The company is exploring options including a sale or going public via a merger with a blank-check acquisition company that could put its value at around $1 billion, the report stated. Boxed , the U.S.

Online 205

Online New York Millennials Maine 205

PYMNTS

JULY 23, 2020

Citi has launched a new mobile app for its Citi Supplier Finance platform in Latin America to help suppliers get more working capital, according to Finextra. The new Citi Supplier Finance app will add to the arsenal for the companies looking for electronic onboarding services, Finextra reported.

Capital 178

Capital Mobile Company America 178

PYMNTS

SEPTEMBER 16, 2020

Real estate platform Opendoor is set to go public via a merger with blank-check company Social Capital Hedosophia II in a deal that will value the combined company at $4.8 million of founder shares in Opendoor, larger than the usual amount of what is usually called the “promote,” FT reported. Palihapitiya and U.K.

Online 173

Online Capital Report Company 173

PYMNTS

DECEMBER 18, 2020

The fundraising was headed up by Advent International via Advent Tech and Sunley House Capital, an Advent affiliate. India-based Arya , which offers post-harvest services throughout the agricultural value chain, said that it landed $21 million in a Series B financing round, according to a TechCrunch report. CloudTrucks.

Capital 192

Capital Company Washington Resources 192

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

Online 222

Online System Fraud Video 222

PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Brazil-based facial recognition and identification technologies provider Acesso Digital recently reported that more than 5.2

Video 211

Video Report Meeting United States 211

PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . The news service reports that the world’s most valuable tech “unicorn” had been looking to sell shares in Hong Kong and mainland China simultaneously, according to sources.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu Online retailer Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

JUNE 26, 2020

To provide retailers with the ability to attain working capital, India-based payment gateway and online shopping platform Instamojo rolled out InstaCash. Retailers can receive loans for as much as Rs 1 lakh ($1,322.26) for a time ranging from seven to 14 days with the offering, The Economic Times reported.

Capital 168

Capital Retail Meeting Payments 168

PYMNTS

MAY 6, 2020

Square reported earnings Wednesday (May 6) for the first quarter that showed slowing gross payment volumes, impacted by the pandemic and the shuttering of merchant locations, while the company also took reserves against potential losses. In terms of headline numbers, the company’s reported revenues of $1.4 billion were up 43.9

Online 175

Online Bitcoin Capital Payments 175

Abrigo

FEBRUARY 26, 2025

watch webinar Embrace digital banking solutions Modern consumers expect seamless, convenient banking experiences, and the benefits of online/digital account opening are clear. Integrated loan and deposit services , such as online loan applications with deposit account openings for cross-selling opportunities.

Community Bank 195

Community Bank Community Strategy Analytics 195

PYMNTS

NOVEMBER 6, 2020

Handling accounts payable (AP), accounts receivable (AR), cash flows and other capital management tasks is an inescapable reality for almost every business that deals with inventory and sales, but these commonplace processes are fraught with obstacles. How Advanced Analytics Are Helping Businesses Handle Capital Management Changes.

Analytics 155

Analytics Capital Management Data 155

PYMNTS

MAY 21, 2020

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC reported in its newest Consumer Protection Data Spotlight that service members typically report misuse of their credit and debit card data. percent of the 3.2

Report 177

Report Fraud Data Cards 177

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

Capital 234

Capital Groups Branding Online 234

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. As reported by the World Bank, in 2021 the GDP of The Bahamas was $9.91 Let’s start with a checklist: Toes in the sand? Drink in the hand?

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

MAY 22, 2020

A third tranche, perhaps its final one, is expected to close soon, Bloomberg reported. The report did not name the investors. A Missfresh spokesperson declined to confirm or deny the report. . Previously, Missfresh has raised $900 million thanks to investors like Jeneration Capital and Genesis Capital.

Online 209

Online Capital Report Survey 209

PYMNTS

AUGUST 21, 2020

JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said.

Report 173

Report Digital Banking Technology Lending 173

PYMNTS

OCTOBER 6, 2020

In July, the company reported that its online transaction volume grew 106 percent year over year during the second quarter, as the firm capitalized on a digital transformation that began long before the pandemic. . Overall, MoneyGram reported 1 cent in diluted adjusted earnings per share on $279.8 million in revenue.

Puerto Rico 282

Puerto Rico Texas Online Report 282

PYMNTS

DECEMBER 16, 2020

16) for the company's market debut, CNBC reported. Wish, founded in 2010 by former Google engineer Peter Szulczewski , has become known as a market for low- and middle-class shoppers, gaining it a reputation as an online dollar store, CNBC reported. For the first nine months of 2020, Wish reported $1.75

Capital 234

Capital Online America Google 234

PYMNTS

OCTOBER 12, 2020

billion, Berlin-based FinTech N26 is exploring seeking additional investments in calendar 2021, Bloomberg reported Monday (Oct. 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

Fintech 268

Fintech United States Capital Meeting 268

PYMNTS

NOVEMBER 27, 2019

China’s Alibaba affiliate Ant Financial is drumming up $1 billion to fund startups in Southeast Asia and India, Bloomberg reported on Tuesday (Nov. Jack Ma’s FinTech firm has its eye on new companies in emerging markets that focus on payments and online financing, the source said, confirming a DealStreet Asia report. .

Capital 187

Capital Conference Report Company 187

PYMNTS

FEBRUARY 23, 2020

Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Intuit would gain a strong standing in the world of online personal finance by acquiring Credit Karma. The deal will push the bookkeeping software giant more into the realm of consumer finance, people familiar with the deal said.

Report 180

Report Taxes Online Financial Technology 180

Bank Innovation

JUNE 9, 2017

Traditional venture capital is so passé. Blockchain investors are more interested in ICOs, or initial coin offerings, than traditional investment models, according to data from the Coindesk first quarter 2017 State of the Blockchain Report released this week.

blockchain 285

blockchain Capital Data Report 285

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. As reported late last year , a U.S. For Walmart, FinTechs are in sight — but where to from here?

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

DECEMBER 7, 2020

Livemint reported that Walmart is working with Goldman Sachs to look at holding an initial public offering (IPO) of stock. Walmart is now planning to sell around 25 percent of India’s largest online retailer, sources told Livemint. Flipkart is an eCommerce marketplace site competing against the likes of Amazon and Reliance Industries.

Report 159

Report Strategy Retail Capital 159

PYMNTS

JANUARY 8, 2021

The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. China’s biggest internet watchdog is seeking out public opinion until Feb.

Online 171

Online Regulation Maine National 171

PYMNTS

DECEMBER 6, 2020

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. billion, Bloomberg reported. but that is not involved in the deal with Paysafe, Bloomberg reported. II SPAC raised $1.47

Capital 226

Capital Cards Online Report 226

Bank Innovation

FEBRUARY 7, 2018

How much truth is there to the longtime fear that online banking will replace consumer interaction with bank branch tellers? Well, a lot — at least, so it seems from a Wall Street Journal report indicating that banks are shutting down more branches now than they have in […].

Digital Banking 326

Digital Banking Online Report Regional 326

PYMNTS

AUGUST 14, 2019

The Financial Times is reporting that PayPal launched a domestic business in India in 2017, which allows for local and global payments in the country. PayPal considers the country critical to its growth. India is critically important,” said Sri Shivananda, chief technology officer at PayPal. PayPal faces some challenges though. .

Mobile 181

Mobile Capital Regional Google 181

PYMNTS

DECEMBER 21, 2020

Checkout platform Bolt has closed a funding round with $75 million, capping a year where it processed $1 billion in transactions, according to a report by Venture Beat. The round was led by General Atlantic and WestCap , and existing investors Activant Capital and Tribe Capital also participated. billion, the report says.

San Francisco 245

San Francisco Innovation Fraud Capital 245