Payments Dive

FEBRUARY 28, 2024

Capital One is betting the resolution of Discover’s compliance issues will take longer and cost more than expected, Capital One CEO Richard Fairbank said.

Compliance 312

Compliance Capital 312

Payments Dive

APRIL 12, 2022

The flow of venture capital to startups ebbed in the first quarter for the biggest quarterly decline since 2012. Payments players, which have been big beneficiaries of such investments, are beginning to feel the pinch.

Capital 221

Capital Payments 221

Payments Dive

MAY 24, 2024

The retail behemoth and its credit card issuer said in a terse, joint press release Friday that they’re parting ways.

Capital 417

Capital Retail Cards 417

Bank Innovation

FEBRUARY 10, 2020

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and customers. Three years after Eno’s launch, the bank is adding capabilities that go beyond simple balance inquiries to proactive insights on customers’ spending behaviors.

Capital 322

Capital Branding Innovation Strategies Strategy 322

Perficient

FEBRUARY 12, 2025

The rapidly evolving payments industry is driving industry leaders to adapt their strategies in response to emerging trends. Payments Trend #1: AI-Driven Payment Innovations The landscape of payments and financial services in 2025 will be marked by groundbreaking innovations and user-centric designs powered by Generative AI (GenAI).

Trends 221

Trends Payments Compliance blockchain 221

PYMNTS

AUGUST 4, 2020

Whether through accelerated supplier payment terms or the deployment of less traditional trade service solutions, businesses are finding it beneficial to keep liquidity flowing for themselves and their key partners. According to Fraser, that has a profound impact on these firms’ ability to support their partners.

Capital 310

Capital Strategy Analytics Innovation 310

Payments Dive

MAY 10, 2019

As venture capital continues to look for new opportunties, startup firms in the fintech space are taking unique approaches to payments and financing to raise new funding to accelerate their growth.

Fintech 389

Fintech Payments Capital 389

Payments Dive

MARCH 7, 2024

With its acquisition of the card network, Capital One seeks to elevate Discover’s brand while also working to expand its acceptance abroad.

Capital 305

Capital Branding Cards 305

Payments Dive

FEBRUARY 27, 2024

The blockbuster deal is set “to trigger a bunch of rethinking across the industry,” said Erin McCune, a partner at consulting firm Bain & Company.

Capital 321

Capital Payments Industry Company 321

Payments Dive

NOVEMBER 4, 2024

Some of the corporate investors are also partnering with the accounts payable and receivable company they’re backing.

Capital 404

Capital Company 404

Payments Dive

JULY 18, 2024

Consumer advocates say the merger will stifle competition and give the combined company an easy avenue to raise fees on card payments.

Capital 306

Capital Cards Payments Company 306

Payments Dive

JANUARY 21, 2025

Fidelity National Information Services blamed a local power loss and hardware failure for the issue, which Bank of Oklahoma said affected more than two dozen financial institutions.

Oklahoma 370

Oklahoma Capital National 370

Payments Dive

MAY 15, 2024

Concerns about the $35B merger proposal, which has already faced opposition, are likely to surface again at the July public meeting.

Meeting 396

Meeting Capital 396

Payments Dive

NOVEMBER 5, 2024

If the Justice Department were to block the Capital One-Discover deal while also going after Visa, “they’d be intellectually inconsistent,” a George Mason University law professor said.

Capital 243

Capital 243

Payments Dive

APRIL 10, 2023

Capital One failed to meet standards outlined in the contract, such as issuing replacement cards and promptly processing payments and posting transactions, Walmart alleged.

Capital 221

Capital Cards Meeting Payments 221

Payments Dive

FEBRUARY 20, 2024

The transaction would give a big boost to a bank well-known for its credit card component, yet lend regulatory gravitas and investment dollars to a struggling card network.

Capital 385

Capital Lending Cards 385

Payments Dive

OCTOBER 15, 2024

Although venture capital investment in young payments firms grew globally during the third quarter, compared with the same period last year, that wasn’t the case for U.S.

Payments 243

Payments Capital 243

Payments Dive

JUNE 10, 2024

The three companies announced last Wednesday that they are teaming up to launch a free service intended to combat fraud and reduce the amount of transactions that are improperly declined.

Fraud 369

Fraud Capital Company 369

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.

Capital 259

Capital US Data blockchain 259

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.

Payments 300

Payments Capital Online Meeting 300

PYMNTS

DECEMBER 16, 2020

London cloud-processing platform Form3 is partnering with Mastercard to enhance and streamline real-time payments worldwide. By harnessing the power of cloud-based architecture, financial institutions will be able to “safely and securely handle significant payment processing volume in near-real time.” . Faster Payments.

Payments 332

Payments Security Cards Strategy 332

PYMNTS

NOVEMBER 19, 2020

Wells Fargo is beefing up its digital payments arsenal with a new service aimed at business customers. To use the tool, customers electronically send payment instructions, which are routed to the WellsOne Virtual Card Payments service, the release stated. The financial services giant on Thursday (Nov.

Tools 312

Tools Payments Cards Fraud 312

Payments Dive

AUGUST 20, 2024

The two big banks say they’ll soon connect to the Federal Reserve’s new instant payment system, even as other major banks remain on the sidelines.

Capital 273

Capital System Payments 273

Payments Dive

MAY 2, 2023

The company that provides community banks with payments, fintech and other services is gunning for growth with new private equity capital.

Community Bank 397

Community Bank Community Capital Fintech 397

Payments Dive

JULY 8, 2022

The startup, which channels charitable payments, is targeting financial services partners as it seeks to grow, potentially with a new capital infusion this year.

Fintech 396

Fintech Capital Payments 396

Payments Dive

JANUARY 9, 2025

The venture capital firm with a fintech focus said the latest fundraising brings the total raised since its founding to $10.2

Capital 195

Capital Fintech 195

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. The valuation puts the accounts payable (AP) and mass payments company well into “unicorn” territory, meaning it is valued at over $1 billion.

Compliance 267

Compliance Fintech Payments Capital 267

Payments Dive

SEPTEMBER 26, 2023

While money is much older than software, it’s still more difficult to move payments around the world, the venture capital firm said in a recent report advocating cross-border improvements.

Payments 243

Payments Software Capital Report 243

Payments Dive

MARCH 15, 2022

As payments technology evolves, the use of biometrics is poised to take off. Software firm PopID is seeking to raise about $50 million in capital to scale its face verification services for payments applications in the U.S. and abroad.

Software 370

Software Capital Technology Payments 370

Payments Dive

JUNE 1, 2022

As banks try to fend off competition from fintechs in merchant acquiring and processing, payments gateway NMI aims to capitalize by offering to bolster their services.

Payments 243

Payments Capital Fintech 243

Payments Dive

DECEMBER 22, 2022

This year’s venture capital funding activity in payments paled in comparison to 2021’s record-setting year.

Comparison 221

Comparison Payments Capital 221

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.

Payments 277

Payments Innovation Capital Fintech 277

Payments Dive

FEBRUARY 27, 2024

Meanwhile, JPMorgan CEO Jamie Dimon advocated for Capital One to get a fair shake. The senator urged regulators to block the deal and took the OCC to task for its approval record.

Capital 221

Capital Policies Regulation 221

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.

Payments 312

Payments Tools Capital Industry 312

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.

Capital 195

Capital Lending Marketing 195

Abrigo

NOVEMBER 13, 2024

Businesses' working capital cycles are longer. Longer working capital cycles drive line utilization Businesses are holding inventory longer (81 days in 2023 vs. 72 in 2019) and extending receivables (31 to 41 days). Companies need more working capital, but they’re still paying their suppliers as they should.

Lending 221

Lending Meeting Data Risk Management 221

PYMNTS

JANUARY 25, 2021

And those three years have given rise to a slew of new companies capitalizing on that initiative all over the world, as well as established companies making their mark. I’ve spent the last 15 years of my career in payments, and it’s something that has been an increasing problem throughout,” Soliman said in an interview with PYMNTS.

Online 300

Online Meeting Payments Cards 300