Bank Innovation

APRIL 4, 2019

New York-based Glia, an omnichannel customer service platform for financial services companies, announced that it recently raised $20 million in a Series B round led by Insight Venture Partners.

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Bank Innovation

AUGUST 2, 2019

Nyca Partners has closed on $210 million for its third investment fund, a vehicle that will let it continue to support the growth of fintech innovation, David Sica, partner at the New York- and San Francisco-based venture firm, told Bank Innovation. “There’s really good entrepreneurs […].

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PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

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PYMNTS

SEPTEMBER 28, 2020

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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Payments Source

JULY 11, 2019

The SEC is paying close attention to cryptocurrency, though its efforts may be counter to its priority to foster innovation and capital formation in the U.S., contends Bill Martin, a lawyer in the New York office of O'Melveny & Myers.

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Bank Innovation

MAY 9, 2019

Though he could not disclose a timeline, Mitchell noted he's currently visiting New York City to lay the groundwork for the launch. “We We are hiring in North America and raising growth capital at the moment,” Mitchell […]. Payments software provider Episode Six will launch in the U.S.

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PYMNTS

APRIL 23, 2019

The promotion took place in Denver, capital of a state where marijuana is legal for recreational purposes. Recess , a CBD-infused sparkling water company, has announced that it will be available on Uber Eats for delivery to customers in New York City. QSR Innovation. Denver CBD Burger.

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PYMNTS

SEPTEMBER 18, 2019

Among the defining endeavors of our time — at least for the worlds of payment and commerce — has been to bring brick-and-mortar retail stores into the new century. It’s an ongoing effort that has probably seen more failures than success stories, but that’s certainly not keeping people from betting on new innovations.

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PYMNTS

FEBRUARY 13, 2020

Walmart’s New York City-based concierge shopping service Jetblack is shutting down and laying off most of its 350 staffers, according to reports on Thursday (Feb. Some Jetblack technology and design team employees will become part of Walmart’s wider customer organization, continuing to work out of New York, the spokesperson added. .

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PYMNTS

MAY 22, 2019

specifically, the use of such payments for mass transit in New York City. In an new PYMNTS discussion, Dan Sanford, Visa ’s global head of contactless payments, talked with Karen Webster about the May 31 launch of a contactless payments pilot involving the Metropolitan Transportation Authority (MTA) in New York City and Chase.

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PYMNTS

OCTOBER 23, 2019

According to reports , the funding round also had participation from Playground Ventures, Temasek, Aleph, Canada Pension Plan Investment Board (CPPIB), Innovation Endeavors and La Maison. The company was started in 2015 in Tel Aviv and is now based in New York. So far, Fabric has raised $136 million.

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Bank Innovation

DECEMBER 10, 2019

Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.

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PYMNTS

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. Big toymakers like Mattel and Hasbro have not introduced any new, blockbuster toys, leaving toy franchises that are already a year old or more to pick up the slack, according to the New York Post.

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PYMNTS

NOVEMBER 30, 2020

30) and would value the New York-headquartered startup at more than $1 billion, the sources said. Kustomer said its platform will help retailers on Shopify automate 40 percent of interactions. Some fear that innovation could suffer if regulators come down on mergers and acquisitions.

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Bank Innovation

FEBRUARY 5, 2020

New York-based Kasisto, a conversational AI company which developed the banking […].

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PYMNTS

DECEMBER 27, 2020

Securities and Exchange Commission approved a plan by the New York Stock Exchange to approve “direct” listings by companies, which let companies come to market without the underwriters (typically) large banks that charge hefty fees to bring the deals to the Street and reach institutional and retail investors.

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PYMNTS

FEBRUARY 20, 2020

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. We’re focused on capital efficiency,” he noted. “We Adore Me is ranked No. PYMNTS research shows that 1.9

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PYMNTS

OCTOBER 25, 2017

WeWork, a New York-based company providing flexible, coworking workspaces, has inked a deal to acquire space in department store chain Lord & Taylor’s flagship Manhattan location for $850 million. According to a report in Fortune, the deal will lower HBC’s debt levels and give WeWork a new headquarters in New York City.

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PYMNTS

MAY 9, 2017

It is no longer quite a mom-and-pop operation anymore — in 2015 Cha sold a controlling interest in the company to Richmond-based Boxwood Capital Partners. So how did the company manage to innovate something as simple as frozen yogurt? Over the past decade, it might just have been the most innovative dessert.

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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. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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PYMNTS

AUGUST 17, 2016

Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.

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San Francisco Retail social media Marketing 100

PYMNTS

NOVEMBER 19, 2019

Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. market, but it already has more than 500 farms globally and has teamed with 25 major food retailers in the U.K. This is the vertical farming company’s first venture into the U.S.

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PYMNTS

APRIL 5, 2019

Take 3DEN , which is located at New York City’s Hudson Yards development. It offers amenities such as showers, nap pods and soundproof phone booths, along with functional retail with essential items available. In addition to the current Hudson Yards location, additional New York City locations are planned to roll out this year).

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PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. The entire process, cradle to grave, has failed to evolve and innovate with the customer in mind.”.

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PYMNTS

DECEMBER 17, 2020

FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. The startup will use the new funds to accelerate the company’s open banking strategy, enabling merchants to transparently and quickly process instant payments. BarkBox To Go Public Via SPAC At $1.6 Billion Valuation.

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PYMNTS

JANUARY 27, 2021

Minna co-founders and CEO Joakim Sjöblom and Chief Operating Officer Jonas Karles told PYMNTS that getting a better handle on subscription spend can be done through retail banking channels, boosting financial institutions’ own revenue streams. But he noted, too, that retail banks have a significant amount of trust placed in them by end users.

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Bank Innovation

SEPTEMBER 6, 2019

This week, the New York-based company confirmed a $25 […]. As banks increasingly take transactions to digital channels, the process to acquire customers also is shifting online thanks to technology that matches product offers to customers based on data.

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New York Online Data Technology 170

PYMNTS

SEPTEMBER 12, 2019

New York venture capital firm Thrive Capital is reportedly at the helm of the financing and Spark Capital is participating. Affirm is getting the capital mostly from a line of credit coming from a large financial institution. Affirm was started by Max Levchin, who co-founded PayPal.

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PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. Kereere said that to date there has been “not enough conversation” around the issues that are being explored through the new program.

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Bank Innovation

JUNE 7, 2019

NYCA Partners, based in New York and San […]. As fintech moves beyond digitizing legacy systems to a focus on intuitive, customer-driven experiences, the field of startups competing for market share is getting crowded. According to CB Insights, venture-backed fintech companies raised $6.3

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South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

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PYMNTS

JANUARY 8, 2020

It will pay to watch how the insurance industry undergoes innovation and disruption in the coming decade, thanks in part to digital tech, faster disbursements and even more focus on policies crafted for small and medium-sized businesses. News broke this week (Jan. The company has three offices in New York State and one in Spain.

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PYMNTS

MARCH 26, 2018

The Tesco veteran will work to boost the retailer’s online grocery business as the company’s new president, CNBC reported. There are so many ways technology can change retail and be a force for good in our lives,” Belsham said in a statement. “In The move comes less than 18 months after Walmart acquired Jet.com for $3 billion.

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PYMNTS

SEPTEMBER 18, 2018

. “The transformation of how commerce moves in cities demands that we build the most innovative tools for businesses to keep up and distribute their products to the modern consumer, efficiently and cost effectively,” Postmates CEO and Co-Founder Bastian Lehmann said in a press release.

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CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

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NCR

MARCH 7, 2018

Over the last few years, a range of new competitors have emerged looking to take on legacy financial institutions by offering more agile, innovative banking solutions to consumers. ” The post Could regulation changes make retailers the next big threat to banks? Calling for a rethink. appeared first on Banking.com.

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PYMNTS

JULY 23, 2019

The new app will also tie in other features, including video doctor visits. Using a chat function powered by New York startup K Health Inc., To smooth the friction on the providers’ end, UnitedHealthcare struck a deal to buy healthcare payments firm Equian – privately held by New Mountain Capital – for $3.2

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