PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But the majority of online SMB lenders do not disclose publicly their fees and interest rates, reports warned.

Lending 131

Lending Online California New York 131

PYMNTS

JUNE 1, 2020

Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., CEO Michael Arougheti, who first invested in the company in 2017, told Bloomberg. the Los Angeles-based alternative asset manager.

Online 130

Online Los Angeles New York social media 130

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 When Amazon was just about selling books online, its competition was the physical bookstore. Investors put $2.65 billion more. Then there’s Amazon.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

JUNE 26, 2017

Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters. He wouldn’t say how much interest the company would charge on the working-capital loans. . With the new feature, sellers that use Mercado Libre Inc.

Capital 108

Capital Big Data Analysis America 108

Celent Banking

APRIL 28, 2017

Fast forward to 2017 and the launch of the new Ford GT, a modern-day supercar with a heritage dating back to the early 1960s, when the Ford GT40 won the grueling 24 Hours of Le Mans four times in a row. The post Innovation on Display: The 2017 Ford GT and FIS Connect 2017 appeared first on Banking Blog.

Innovation 150

Innovation Detroit Community Bank Strategy 150

PYMNTS

JULY 23, 2019

As noted in this space yesterday, there’s been a rush by venture capital firms to find and fund startups that focus on the digital transformation of buying and selling properties. Crunchbase has estimated venture capital money flowing to these firms in just the first few months of this year has topped $1.9

Capital 122

Capital Examples Course Management 122

Celent Banking

APRIL 28, 2017

Fast forward to 2017 and the launch of the new Ford GT, a modern-day supercar with a heritage dating back to the early 1960s, when the Ford GT40 won the grueling 24 Hours of Le Mans four times in a row. The post The 2017 Ford GT and FIS Connect 2017: Innovation on Display appeared first on Banking Blog.

Innovation 134

Innovation Detroit Community Bank Strategy 134

PYMNTS

MAY 10, 2018

PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. That compares with its 116 percent year-over-year volume increase between 2016 and 2017.

Capital 116

Capital Meeting Data Report 116

PYMNTS

JANUARY 31, 2020

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. Comerica Bank and TriplePoint Capital were also named, and there were more investors that were not named. High-end fashion has been a bountiful market for the eCommerce industry.

Online 134

Online Trends Capital Branding 134

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The company – whose name means “Buy My Car” in the country’s official language – was founded in 2017, and last year raised $3.7 Used Vehicle Trends. million in a previous round.

Trends 115

Trends Online Report America 115

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

APRIL 22, 2020

million from a venture capital firm to fund the business. In 2017, the company sold 1,500 desks in 42 days across 41 countries, and presented the product at the Cannes Festival of Creativity in June 2017. He had a prototype made, and in 2016 he was offered $3.6 Life had other plans for Rosenberg.

Capital 163

Capital Marketing Michigan Company 163

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. Executives from Payoneer, NCR, FTV Capital and Ingo Money touch upon all of these trends as they tell PYMNTS their own visions for B2B payments next year.

Industry 125

Industry Trends Capital Payments 125

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. In addition, Foley launched another SPAC, Foley Trasimene Acquisition Corp.,

Capital 226

Capital Cards Online Report 226

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

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles.

Online 112

Online Retail Trends New York 112

PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

San Francisco 245

San Francisco Metro Online Capital 245

CB Insights

AUGUST 16, 2021

Upgrade , an online lending platform, has raised $105M in a Series E. The round drew participation from Black River Ventures, Ventura Capital, and Koch Disruptive Technologies. Since its inception in 2017, Upgrade has provided mainstream customers with over $7B in credit through cards and loans. Want the full post?

Lending 68

Lending Online Bitcoin California 68

PYMNTS

FEBRUARY 26, 2019

Payment platform Payoneer is launching its Capital Advance service, the company announced on Monday (Feb. Designed as a solution to support cash flow management for online commerce companies, Capital Advance provides access to working capital financing for businesses selling online.

Tools 140

Tools Capital Online Payments 140

PYMNTS

MARCH 8, 2019

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings , but fell short on top-line revenues for the second quarter. For buy-online-pick-up-in-store, Galanti said Costco has expanded its selection within categories such as handbags, electronics and jewelry.

Online 130

Online Nebraska New Jersey Miami 130

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. across credit cards, online savings and loans,” said Rodrigues.

Capital 100

Capital Cards Delaware Payments 100

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

PYMNTS

JANUARY 3, 2019

million) in the 2017-18 financial year, up from 114 crore ($16.3 million) in the 2016-2017 financial year. In addition to driving sales for dealers and manufacturers, CarDekho also provides customers with access to financing through its partners and started providing insurance options in 2017. Its revenue was 160 crore ($22.8

Online 139

Online US Report Retail 139

Bank Innovation

NOVEMBER 13, 2017

EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.

blockchain 278

blockchain Fintech Capital Innovation 278

PYMNTS

OCTOBER 10, 2018

Shortly after SoFi began to embark on the process of seeking a bank charter, Cagney stepped down from SoFi’s helm in September 2017. The firm has raised $50 million from investors, including venture capital firms Ribbit Capital and DCM. No word yet on what that product will look like exactly.

blockchain 124

blockchain Online Capital Lending 124

PYMNTS

JANUARY 10, 2017

It’s early in 2017, but fraud looms like Nosferatu chancing upon the sleeping maiden. Yes, that is billions with a B, and a capital B, as it represents the staggering amount that merchants lost last year, in the United States alone, from false declines, as estimated by BI Intelligence. We must prepare for that inevitability.

Fraud 100

Fraud US Data System 100

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

NOVEMBER 10, 2020

In merchant innovation, consumers are increasingly beginning their shopping trips online , and a growing number are deciding to finish their journeys there. Data: $80M : Amount of the recent capital infusion for Chicago-based Cooler Screens. 1.7B : Number of unbanked individuals globally as of 2017. All this, Today in Data.

Retail 133

Retail Chicago Video Data 133

PYMNTS

SEPTEMBER 29, 2020

In today’s top payments news around the world, digital Filipino payments platform PayMongo has come off a funding round with $12 million, while ALDI is taking another big step in the world of online shopping. ALDI To Test Online Grocery Ordering At UK Stores. Plus, a London judge has reinstated Uber Technologies Inc.’s

Payments 189

Payments Regulation Capital Online 189

Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

Innovation 257

Innovation blockchain Fintech Industry 257

PYMNTS

SEPTEMBER 8, 2016

Starting today and running through the end of 2017, travel-loving Capital One customers with either the Capital One Venture Card or the VentureOne Card will have a new perk to play with. But discounts aren’t the whole of the model, since even Shank noted that there are other ways to save when booking online.

Capital 100

Capital Cards US Customer Experience 100

Insights on Business

JULY 27, 2017

Against a backdrop of emerging technologies, shifting customer expectations, regulatory changes and evolving business models, Forrester Research lays out the future of financial services in a provocative report entitled “ Predictions 2017: Pioneering Financial Providers Will Partner With Fintech To Build Ecosystems ”.

blockchain 93

blockchain Fintech System Innovation 93

PYMNTS

NOVEMBER 6, 2020

The startup followed that up in 2017 with the launch of its first mobile personal bank account and app, and the first digital business account in 2018. In October, Starling rolled out an online banking account for customers who want to manage their accounts on their laptops and desktops, in addition to their phones.

Digital Banking 115

Digital Banking Capital Policies Management 115

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

PYMNTS

DECEMBER 9, 2020

Redbox has attempted other things like this before, including Redbox on Demand, the 2017 online marketplace for movies and TV that was an attempt to capitalize on the new appetite for streaming as customers largely turned away from DVDs. Warner Bros.

Samsung 200

Samsung Capital Branding Report 200