PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

Innovation 124

Innovation Digital Strategies Payments Tools 124

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

Insights on Business

MARCH 12, 2019

review of the capital requirements for market risk regulations, namely the Fundamental Review of the Trading Book (FRTB). It becomes effective in 2022, but banks should now, more than ever, implement the proposed changes in order to meet the deadline for reporting their Pillar I capital under the new methodologies.

Capital 79

Capital Regulation Strategy Operations 79

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. In terms of payment innovation, the company notes that real-time payments (RTP) account for over 6 percent of its volume. 12) announcement. The company says that over $18.5

Payments 182

Payments United States Software California 182

PYMNTS

FEBRUARY 26, 2020

As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Below, PYMNTS takes a look at the latest in commercial card innovation.

Cards 150

Cards Google Fraud Management 150

PYMNTS

OCTOBER 12, 2018

However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup. Energy Innovation Capital and Chevron Technology Ventures led the funding, while R/GA Ventures and Macquarie Capital also came on board as new investors.

Software 190

Software Capital Security Virginia 190

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

JULY 22, 2019

They grilled execs from Google, Amazon and Facebook over claims of their size and power, which is said to be driving smaller companies out of business, reducing opportunities for new innovators to emerge and tilting the competitive playing field too far in their direction. That’s what teenagers did 34 years ago for fun.

Innovation 170

Innovation US Maine Google 170

PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible. Afterpay Rolls Out BNPL Cross-Border Pay For Merchants.

Google 193

Google Payments Regulation Branding 193

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

Community Bank 195

Community Bank Capital Lending Training 195

Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. At the same time, tomorrow’s leadership will have little to do with “book smarts.”

Leadership 155

Leadership Industry Management Resources 155

PYMNTS

JANUARY 16, 2020

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. That’s the general case with travel search startup Hipmunk.

Millennials 142

Millennials Meeting Innovation Mobile 142

PYMNTS

JANUARY 26, 2020

Previous investors Global Founders Capital, Comcast Ventures and Trinity Ventures also gave money. Among the fastest-growing hotel brands, Life House has over 800 beds and 25 hotels that are expected to be operational by early next year. . Its website directly garners more than 65 percent of its bookings. .

Branding 130

Branding Software Operations Capital 130

PYMNTS

JUNE 7, 2017

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. BAM provides technology, payments processing and working capital loans to the U.S. trucking industry.

Atlanta 101

Atlanta Capital Industry Online 101

PYMNTS

JUNE 15, 2020

There is an out-and-out frenzy to capitalize on the pandemic-fueled digital shift that gave consumers few options for accessing products and services over the last twelve weeks. Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say.

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Innovation Mobile Capital Operations 214

PYMNTS

AUGUST 22, 2019

Digital parking company SpotHero has raised $50 million in a series D funding round led by Macquarie Capital , according to a release. . Other participants in the round included Union Grove Venture Partners, and previous investors Insight Venture Partners, Global Founders Capital and others also invested again.

Company 116

Company Capital Mobile Leadership 116

PYMNTS

OCTOBER 25, 2017

Countingup, started by Clear Books Founder Tim Fouracre, plans to use the venture capital funding to launch operations in the U.K. alone, made up of entrepreneurs who operate their businesses as the sole employee. The company raised $750,000, led by Frontline Ventures, while other investors also participated.

Tools 110

Tools Capital Fintech Operations 110

PYMNTS

DECEMBER 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. Solutions like commercial and virtual card products, for instance, assure buyers the ability to extend capital float while accelerating payment to vendors.

Payments 203

Payments Fintech Innovation Cards 203

PYMNTS

JUNE 17, 2020

At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spend management space, heightening the ability for businesses to control and analyze expenses as more companies tighten their belts and focus on recovery. Expensify Links Cards To Booking.

Cards 169

Cards Management Tools Report 169

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

Fintech 166

Fintech Customer Experience Conference Technology 166

PYMNTS

DECEMBER 11, 2019

The funding round was led by Harbert Growth Partners, with other participants including Highland Capital Partners, Camber Creek, Working Lab Capital, Geolo Capital, Revolution’s Rise of the Rest Seed Fund and former Bain Capital Partners MD Mark Nunnelly all participated in the round.

Arlington 130

Arlington Houston Virginia Capital 130

Insights on Business

SEPTEMBER 28, 2018

IBM RegTech Innovations. There’s a clear trajectory from daily to intra-day calculations, and in some cases even to real-time XVA calculations to help traders and risk management teams make better operational decisions. Game-changing innovation. Innovation drives business transformation. Paying the price of progress.

Innovation 79

Innovation Risk Management Maine Examples 79

PYMNTS

AUGUST 14, 2017

It’s an inspiring story — and one that gets many an innovator out of bed to fight the good startup fight, even in the face of insurmountable odds. When Amazon was just about selling books online, its competition was the physical bookstore. But Amazon has long since blown past its days of selling books and CDs.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

MAY 8, 2019

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. Leadership Changes. The problems reportedly stem not from FreightRover, but from Celadon Group Inc.,

Fraud 135

Fraud Report Indianapolis Leadership 135

PYMNTS

JULY 7, 2020

Speaking with PYMNTS, PayParc Global Solutions Founder Taylan Taspinar discussed the sector’s dire need to upgrade its B2B payments strategy after a yearslong lag in innovation — and why not just data, but industry-specific data, is essential to combatting friction. A World Of Pain Points. ”

Industry 155

Industry Data Payments Innovation 155

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. A key aspect of the growth is the market dynamic that prefers multi-asset class trading and investment administration, simplifying front office operations, while meeting enterprise-wide best execution and financial control objectives.

New York 87

New York Software Capital Leadership 87

PYMNTS

AUGUST 28, 2017

“We did some research and found out that the majority of businesses in the beauty industry operate offline, without any software at all. still manage their bookings with pen and paper,” Shedul co-founder and CEO William Zeqiri said in an interview. Shedul’s offering is deeper than just appointments and bookings.

San Francisco 119

San Francisco Software Capital Maine 119

PYMNTS

JUNE 5, 2018

In an interview with CNBC , Grab’s CEO and Co-founder Anthony Tan said that Grab Ventures represents the firm’s “super innovation arm … investing into the next generation of tech leaders.” Hey, I’m going to book my meal through GrabFood. Operating one country is one thing. Southeast Asia is tremendously complex.

Capital 100

Capital Regional US Innovation 100

PYMNTS

JANUARY 6, 2020

Mobile devices, fast cellular networks, the cloud, data and new tech – along with investors with capital and incumbents with an appetite for innovation – gave innovators the tools, ideas and capital to disrupt the then-analog sacred cows. The Connected Economy’s Potential. Pay : How people are paid and pay others.

Innovation 176

Innovation Mobile Software San Francisco 176

PYMNTS

JULY 14, 2017

one startup operating in a B2B FinTech industry rarely seen on the VC roundup landed the second-largest investment round of the week. The company recently announced new venture capital, and while it didn’t disclose how much it raised, the investor is quite noteworthy. Innoviti Payments Solutions. But — surprise! —

Fintech 134

Fintech Capital Innovation Industry 134

PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

Lending 129

Lending blockchain Capital Software 129

PYMNTS

JUNE 11, 2018

Claroty , the cybersecurity company for industrial control networks, announced on Monday (June 11) that a syndicate of investors, including industrial operators and control system vendors, invested $60 million in a Series B round of fundraising.

Industry 108

Industry Capital System Security 108

PYMNTS

MARCH 13, 2020

Yet in only the last few months — and even weeks — India’s FinTech startup community has seen a proliferation of commercial card innovation. Yet in India, innovators appear to be banking on corporates to drive card adoption, despite consumers’ low use of the payment tool. For instance, in the U.S.,

Cards 130

Cards Fintech Innovation Policies 130

Bank Innovation

AUGUST 8, 2017

Betterment is the poster child for passive investment, recently booking $70 million in venture funding and has continued to enhance its services. Two distinct streams have surfaced in fintech: passive and active investment. But the active investment strategy for investors is far from dead in fintech.

Fintech 287

Fintech Strategy social media Operations 287

PYMNTS

OCTOBER 7, 2019

While many businesses large and small continue to rely on the legacy method of expense management — that is, requiring employees to front the bill, manually fill out expense reports, and submit spreadsheets for paper check reimbursements in the mail — FinTech innovation has opened the door for significant improvements in this arena.

Cards 129

Cards Analytics Management Data 129

CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

Innovation 74

Innovation San Francisco Georgia Technology 74

PYMNTS

AUGUST 3, 2017

“Unfortunately the capital certainly has not improved,” said Bill Winters, chief executive at Standard Chartered, according to news reports in the Financial Times. ” The bank posted a 5 percent increase in its loan book, reports said, mostly driven by corporate finance, trade finance and mortgages.

Payments 108

Payments Capital blockchain Regulation 108