PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. In 2017, Netflix was reported to have had as many U.S. Sales plummeted, and many restaurants reported losing 80 percent to 90 percent of their sales overnight.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Brazil-based facial recognition and identification technologies provider Acesso Digital recently reported that more than 5.2

Video 211

Video Report Meeting United States 211

PYMNTS

SEPTEMBER 19, 2018

A new report from Capital One examined this question, focusing on how technological disruption will affect its finances. ” the financial institution (FI) asked in its recent publication, “ Innovation in the Middle Market: Staying a Step Ahead of Disruption.” Where does the middle market fit in this spectrum?

Capital 134

Capital Marketing Mobile Payments 134

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. In a recent announcement , the Singapore company revealed its BizPay solution, an online platform enabling businesses to use their existing commercial cards and converting their credit limit into working capital to pay suppliers.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

APRIL 12, 2019

In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. Below, find the latest in B2B venture capital funding. The California startup announced $28 million in Series B funding this week, according to VentureBeat reports, led by Tola Capital.

Capital 139

Capital Cards Payments Fintech 139

Bank Innovation

FEBRUARY 5, 2019

There are startups that want to destroy banks and startups that want banks to buy their software, as Bank Innovation has previously reported. According to a recent poll conducted by Bank Innovation, the idea that fintech partnerships will be on the rise in 2019 compared to subsequent years, is gaining popularity.

Innovation 186

Innovation Fintech Software Report 186

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Trackers and Reports. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic. Data Analytics Changes the Working Capital Management Paradigm.

Online 148

Online Payments Millennials Apple 148

PYMNTS

SEPTEMBER 22, 2020

Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies are finally starting to sell and advertise online.

Company 140

Company Capital Resources Retail 140

PYMNTS

JUNE 19, 2019

According to a new report , the company has raised $21.5 According to a new report , the company has raised $21.5 But according to the report, “Duffel appears to be building a new software stack for travel, in the same way that challenger banks started from scratch to make themselves more agile than the laggard, incumbent banks.”.

Innovation 152

Innovation Industry United States Payments 152

Bank Innovation

JANUARY 23, 2019

Capital One Financial has reportedly acquired Walmart's card receivables, the bank's chairman and CEO, Richard Fairbank, said yesterday. Terms of the transaction were not disclosed.

Capital 170

Capital Cards Branding Report 170

PYMNTS

JANUARY 14, 2021

Flourish Ventures, Arbor Ventures, GGV Capital and K3 Ventures were some other investors in the round. Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation. SAMA is debuting an open banking policy to further digital innovation in the financial services space. Supper Ltd.,

Innovation 138

Innovation Policies Groups Payments 138

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. As The Wall Street Journal reported last week, the founders of live video chat service, Houseparty.com , said they thought they were being invited into Facebook’s offices last year to discuss a potential acquisition. Then there’s Amazon.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

OCTOBER 25, 2019

The innovation comes as higher demand for same-day deliveries and massive growth in online shopping has put pressure on courier firms and their drivers, Reuters reported. In separate news, Sweden-based Einride , which makes autonomous delivery vehicles, has notched $25 million in fresh capital.

Innovation 101

Innovation Capital Meeting Branding 101

PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

DECEMBER 1, 2017

The latest survey by Capital One suggests treasurers still have an appetite for new tools and technologies. Capital One’s Treasury Management Services published its latest survey at the Association of Financial Professionals’ annual conference, held last month.

Tools 100

Tools Capital Mobile Survey 100

Accenture

AUGUST 20, 2019

Thereby providing value-added merchant servicing and delivering innovation lift to both transactions and businesses to ultimately benefit the end consumer. Consumers stay eager for friction-free, omnichannel experiences online and at the point of sale (POS). Market conditions are ripe for ISVs to move into payments. 1 Worldpay.

Software 150

Software Capital Payments Analysis 150

PYMNTS

JUNE 2, 2016

Venture capital investment is the lifeblood of startups, but reports by The New York Times released on Wednesday (June 1) put a spotlight on a different breed of entrepreneurs that shy away from taking investor funds. According to the publication, some startups are beginning to see the value in not accepting venture capital.

Capital 100

Capital New York Report Trends 100

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

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

Perficient

MAY 28, 2020

Oracle’s suite of enterprise applications; ERP, SCM, EPM, and Data & Analytics all lead the industry to new fond levels of efficiency and innovation with special focus on the four desired areas of business outcome below; I. Steering Innovation and Agile Process with Oracle ERP & EPM Applications.

Analytics 340

Analytics Customer Experience Risk Management Innovation 340

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S. billion in 2017 from $2.6

Lending 103

Lending Online Community Washington 103

PYMNTS

NOVEMBER 27, 2019

Restaurants that are driving food innovation with carefully chosen ingredients focused on health are seeking funding to help power their growth. True Food Kitchen , in one case, has created its menu around recipes that Dr. Andrew Weil inspired with anti-inflammatory ingredients and is mulling raising new private capital, Bloomberg reported.

Retail 101

Retail Innovation Las Vegas United States 101

PYMNTS

JULY 10, 2020

Quick-service restaurants (QSRs) and others in the food service space are rapidly adjusting their operations during the pandemic, with many implementing new technologies online and in-store to ensure customers can seamlessly and safely place orders. Mobile Order-Ahead Developments Around The World.

Mobile 162

Mobile social media Report Fraud 162

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. He will report to Barry Rodrigues, CEO of cards and payments, and Richard Haworth, CEO of the Americas business.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. billion worth of capital coming from the likes of SoftBank, Sequoia Capital, Lightspeed Venture Partners and Airbnb Inc.

Online 100

Online Retail Capital Marketing 100

PYMNTS

JUNE 16, 2020

Online U.K. Monzo’s precipitous drop in value was revealed when the virtual bank recently landed $75 million in new funding to weather the coronavirus crisis from a group of investors that reportedly includes Vanderbilt University and Swiss fund Reference Capital. However, this new injection of capital values Monzo at $1.5

Capital 236

Capital Analysis Digital Banking Report 236

PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. percent of FinTech startups with female founders received funding January through October, according to Crunchbase, per a Bloomberg report on Wednesday (Nov. Companies that did get funding received only 0.9

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

JANUARY 6, 2021

Intelligent automation software provider Kofax will integrate its ReadSoft Online platform with Microsoft Dynamics 365, letting organizations enhance their procure-to-pay workflows and automatic mission-critical processes, according to a press release. That solution offers dashboards to give a start-to-finish view of the process.

Online 183

Online Software Compliance Tools 183

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. Plus, the Federal Reserve’s Beige Book report noted that the U.S.

Cards 152

Cards California Capital Tools 152

PYMNTS

SEPTEMBER 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. It was one of eight such recipients, the report stated. Now, users can download the bank’s mobile app to establish personal bank accounts in as little as three minutes, according to the report.

Groups 272

Groups Fintech Mobile Report 272

PYMNTS

JULY 22, 2019

While not exactly an empire yet, the online retailer launched its 13th store in New York City last month and it features the ability to use cash, answering a complaint that’s been lodged at unattended retail generally. In India, online fashion company Myntra opened a cashierless store, selling items from its Roadster outdoor lifestyle brand.

Innovation 125

Innovation San Francisco Retail Study 125

PYMNTS

JANUARY 20, 2021

Globe Fintech Innovations of the Philippines, the FinTech arm of Globe Telecom , landed $175 million in additional venture funding this month. Nikkei Asia reported on Wednesday (Jan. Mynt's funding round this month was led by Bow Wave Capital Management, a new investor. 20) that Mynt is eyeing a further round of fundraising.

Fintech 220

Fintech New York Groups Capital 220

PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Let’s go with “pay later.”. Based on two surveys of nearly 15,000 U.S.

Millennials 256

Millennials Report United States Study 256

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.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

NOVEMBER 8, 2020

Lloyds Bank Commercial Banking has partnered with Demica , a working capital FinTech, to roll out a new supply chain finance platform for U.K. businesses and their suppliers, as well as help corporate treasurers and the vibrant community of SMEs they work with to better manage and enhance their working capital.”.

Capital 187

Capital Fintech Community Meeting 187

PYMNTS

OCTOBER 2, 2020

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. Against such resistance, good, innovative ideas died and continue to die quickly, he said. Western Union has been public about its desire for acquisitions.

Payments 277

Payments Innovation Capital Fintech 277

PYMNTS

JULY 9, 2019

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers. At the same time, dining platforms are expanding their offerings.

Mobile 179

Mobile Payments Los Angeles Hawaii 179