Perficient

FEBRUARY 12, 2025

These changes require significant adjustments in risk management, compliance frameworks, and operational protocols. Enforcing consumer protections will become a gray area, creating operational headaches for consumers and financial institutions. Regulatory clarity will drive adoption, with the U.S. and EU providing models for certainty.

Trends 221

Trends Payments Compliance blockchain 221

PYMNTS

SEPTEMBER 5, 2019

4) said Boost Payment Solutions is expanding its commercial cards network to new regions around the world, a move the company said would strengthen its international acquirer relationships and broaden the reach of its straight-through processing (STP) solution, Boost Intercept. A press release Wednesday (Sept.

Regional 108

Regional Cards Capital Operations 108

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

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 Eyeing the success of that transaction for the owners who took Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

NOVEMBER 9, 2020

In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups.

Retail 210

Retail Capital Payments Fintech 210

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

United States 286

United States Regional America Trends 286

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Innovation Regional 241

CB Insights

AUGUST 17, 2021

The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. Want the full post?

Capital 78

Capital Operations California Regional 78

PYMNTS

FEBRUARY 8, 2019

The Center will be set up for artificial intelligence-focused computer chip research, development, prototyping, testing and simulation, and help solidify the region as a global hub for research and development. IBM will also expand and extend its partnership with SUNY Poly for the Center for Semiconductor Research (CSR). “AI

New York 191

New York Regional Innovation Capital 191

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. Founder and Curve CEO Shachar Bialick said in a press release on Tuesday (Jan.

Fintech 220

Fintech US Samsung Capital 220

PYMNTS

NOVEMBER 22, 2020

The report notes that this service will first be introduced in Denmark and then rolled out to other Nordic region countries, and can be accessed through an app letting users track vouchers and outstanding payments for purchases or outlays made on their Mastercards.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

NOVEMBER 17, 2020

Highlighting the need to accelerate access to capital for SMBs, HSBC said it is integrating Biz2X within its existing HSBC Fusion offering to speed up credit application approval. AIB's receivables financing operations in the U.K. HSBC Collabs With Biz2Credit For SMB Loans. Progress Bank Taps Sensibill For Digital Receipts.

Fintech 247

Fintech Lending Alabama Software 247

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248

America Regional Fraud Mobile 248

PYMNTS

JUNE 29, 2020

But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates. Analysis of more than 1,400 companies in the region found a whopping 40 percent increase in the portion of businesses that are being paid late, compared to 2019 research. ” $1.3

Payments 256

Payments Analysis Capital Strategy 256

PYMNTS

DECEMBER 7, 2018

Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene. Cross River Bank. Wise Systems.

Analytics 176

Analytics Data Capital Software 176

Abrigo

AUGUST 30, 2024

Prepare now for potential changes to FHLBs Capital rules and membership criteria are among the areas where banks could see changes in how the Federal Home Loan Bank system operates. See resources Takeaway 1 The FHLB system faces potential changes in its structure, operations, and mission that could affect financial institutions.

San Francisco 195

San Francisco Risk Management New York Capital 195

PYMNTS

NOVEMBER 1, 2020

The latest round of shutdowns comes amid a spike in COVID-19 cases in the eurozone and following a sharp rebound in the region's economy. France, along with the other 15 eurozone countries, has ordered the closing of restaurants, bars and shops deemed non-essential, although factories will be allowed to operate.

Retail 206

Retail Regional Policies Operations 206

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Software Analytics 189

PYMNTS

SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms.

Payments 248

Payments System cryptocurrency Regional 248

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

South State Correspondent

JUNE 30, 2023

The Issue with Relationship Pricing and Profitability The US banking industry has been unable to consistently earn a return on capital equal to its average cost (approximately 11% over the last few decades). Banks can then calculate SVA by subtracting their cost of capital from net operating profit after tax for each client.

Resources 195

Resources Community Bank Capital Community 195

PYMNTS

SEPTEMBER 4, 2019

The company, which operates its own eCommerce marketplace, has built its own supply chain, according to reports, and has recently expanded into the Mumbai and Pune regions, with perishables delivered the same day. The startup also began operations in UAE recently. The new capital will help expand into new geographies.

ATM 170

ATM Regional Capital Branding 170

PYMNTS

NOVEMBER 9, 2018

In a press release , BitPay said Haag will spearhead the company’s B2B and mass payments operations. The extended Series B round was led by Menlo Ventures, Capital Nine, G Squared, Nimble Ventures and Delta-v Capital, as well as individual investors.

Bitcoin 193

Bitcoin cryptocurrency Capital Regional 193

South State Correspondent

FEBRUARY 20, 2023

Traditionally, community banks would compare their financial performance and health to similar-sized banks in their region. By excluding larger bank lending competitors, this SWOT analysis is mainly useless because it doesn’t compare this community bank’s performance with the majority of the banking competition in its region.

National 195

National Lending How To Community Bank 195

PYMNTS

OCTOBER 6, 2020

Prism is described on its website as a "unique international platform" that aims to be a part of the future of the Arabian Gulf region's leading entrepreneurs. Through the transaction, Finablr, which owns two foreign exchange companies, will be able to access more working capital and restructure its debts.

Regional 217

Regional Meeting Capital Report 217

PYMNTS

JANUARY 7, 2019

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. It currently operates more than 550 stores in the region. “We Freeman, senior managing director at GlassRatner Advisory & Capital Group, said at the time.

US 149

US United States Regional Operations 149

PYMNTS

OCTOBER 10, 2019

The United States Federal Reserve has passed new rules which lower the liquidity and capital requirements for most banks, as well as easing other restrictions. The new rules mean that only the biggest banks won’t be allowed to lower capital requirements. percent less in capital and 2 percent less in liquid assets. .

Capital 100

Capital United States System Regional 100

PYMNTS

JANUARY 19, 2018

As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Ridesharing.

Capital 109

Capital Las Vegas San Jose California 109

South State Correspondent

MARCH 30, 2022

We feel that banks must measure profitability at the customer, product, branch, region, or manager level so that management may properly allocate resources (superior service) to drive institutional profitability. In banking, this disconnect is hurting institutional performance as relationship pricing is not optimized.

Community Bank 195

Community Bank Resources Community Regional 195

Abrigo

JULY 15, 2015

Here are three ways you can help your clients acquire and manage their financial resources: One simple and, if well managed, surefire way to introduce more capital into the pockets of your clients is a business rewards credit card. Advise clients to look for business partners or help connect them with investors in their region.

Management 150

Management Resources Capital Taxes 150

PYMNTS

FEBRUARY 27, 2020

It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. While the Southeast Asia region tends to get lumped together, Mehrotra said each market is unique, with two main groups of developed and developing countries.

Data 181

Data Regional Lending Analysis 181

PYMNTS

FEBRUARY 27, 2020

Participants in the round include Rakuten Capital, White Star Capital, JAFCO Asia and GEC-KIP Fund, food delivery app Woowa Brothers, Partech Partners and Y Combinator. Other startups in the region, like Grain, are trying similar processes. It offers 40 dishes a week based on a database of about 2,000.

Capital 142

Capital Operations Regional System 142

PYMNTS

APRIL 19, 2019

As one can imagine, those small-scale businessmen and women are ridesharing drivers who often work long hours every day to earn income to support their families and businesses — and save up in hopes of taking total ownership of their operations. The only way Grab can grow is if the markets and countries we operate in grow,” he said.

Regional 196

Regional Operations Mobile Examples 196

PYMNTS

SEPTEMBER 24, 2020

The reality is, anyone can give out capital," Shah continued. "It As such, a regionally focused financial institution could be best-positioned to address those fluctuating market needs. Interest rates' historic lows are adding pressure on small banks to continue operating, noted Shah. Fueling Small Business Recovery.

Community 193

Community Community Bank Regional Lending 193

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. The regional bank also noted growing interest among smaller FIs to embrace the bank-FinTech collaboration trend.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

Online 176

Online San Francisco Capital Operations 176

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. But in a new PYMNTS interview on Tuesday (Dec. But that’s not all. “We

Fintech 144

Fintech Lending Regional Regulation 144