PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. BNL Goes Live With Tink. ní banka Taps Temenos.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. did land on the board this week, thanks to one industry that has garnered particular attention in the nation. But the U.S. Find out what that sector is in our roundup below.

National 100

National Trends Lending Capital 100

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Current investors from A91 Partners, MAJ Inevst, LGT Lightstone and Falcon Edge Capital also participated.

Capital 288

Capital Lending Cards United States 288

PYMNTS

JULY 22, 2019

India is looking toward overseas lenders to connect domestic small businesses with financing, according to Reuters reports Friday (July 19). But one of the sources said the government’s shift toward overseas lenders is in response to the domestic market unable to meet the current demand for small business capital.

Meeting 115

Meeting Capital National Report 115

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 90

Operations Policies System Regulation 90

BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 80

Capital Lending US Data 80

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm. ”

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

NOVEMBER 23, 2017

New York Venture Bank, a new financial institution (FI) created by big names in the financial services industry, has applied for a national bank charter. FDIC), the news report noted the new bank will begin with $100 million in capital. FDIC), the news report noted the new bank will begin with $100 million in capital.

New York 100

New York National FDIC Lending 100

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

National 133

National Training Bitcoin Samsung 133

PYMNTS

NOVEMBER 21, 2019

Elsewhere, there have been reports that police raided Binance ‘s office in Shanghai, but the crypto exchange said it doesn’t have any fixed offices in China. Any reports of a police raid are false,” said Leah Li, a spokeswoman for Malta-based Binance, in an email, according to Reuters.

Bitcoin 130

Bitcoin blockchain Report Payments 130

PYMNTS

JULY 26, 2016

For others, however, entire national economies can be affected. According to the UN Conference on Trade and Development (UNCTAD), that’s exactly what’s happening in some developing nations, in which invoice errors across Africa and South America are leading to the loss of up to two-thirds of commodity export value.

National 100

National Taxes Data Report 100

PYMNTS

JANUARY 24, 2021

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. NCR made its bid last week after Cardtronics was reported to have a deal to be sold to investment firms Apollo and Hudson Executive. billion, those with knowledge of the matter told WSJ.

ATM 293

ATM Retail Operations Software 293

PYMNTS

JANUARY 5, 2020

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. For decades, public sector undertaking (PSU) banks have largely been responsible for handling the working capital loans that many firms need for daily operations.

Lending 130

Lending Capital National Taxes 130

PYMNTS

SEPTEMBER 29, 2020

s license to operate. Stripe headed up the round, while current investors Global Founders Capital and Y Combinator participated with new investor Bedrock Capital. But TfL cited the firm again last autumn, ruling that it was not fit to hold a license, and halted the firm’s operations. London Judge Reinstates Uber License.

Payments 189

Payments Regulation Capital Online 189

PYMNTS

APRIL 2, 2020

Amid a climate in which cash needs are on the rise, it’s been reported that Kabbage Inc. Borrowers, who realized the credit lines were halted when they signed onto their accounts, claim the company did not provide them with notice, according to a Bloomberg report. and OnDeck Capital Inc. and OnDeck Capital Inc.

Georgia 195

Georgia United States Resources National 195

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

MARCH 12, 2020

Now, a new report is asking a good question: What if the post office expanded its retail offerings? The report, which was commissioned by the Government Accountability Office (GAO), found that in 2018, USPS’ retail facilities generated about $10.5 billion in revenue and cost $5 billion to operate. billion in net revenue in 2017.

Retail 169

Retail US Survey Examples 169

PYMNTS

JANUARY 12, 2021

Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. The system was created over years through an effort involving the Bill & Melinda Gates Foundation and the State Bank of Pakistan, with help from the United Nations, the U.K. Germany’s Delivery Hero Introduces Its Own Venture Capital Fund.

Detroit 135

Detroit New York City System Payments 135

PYMNTS

APRIL 2, 2020

The tool offers financing for fleet owners to receive capital on loads they have delivered instead of waiting the traditional 30 days for customers to make payments. PayRange Accelerates Vending Machine Capital. PayRange is another FinTech using card products to accelerate access to capital for businesses and professionals.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

JANUARY 25, 2021

One idea is a 9 percent core capital mandate on the top tier. Global FDI dropped by 42 percent last year, and COVID-19 will keep impacting it in 2021, according to a UNCTAD report, as China reaps more foreign funds than the United States. 55-Plus Group Lends Optimism To Travel Operators. trillion in 2019.

United States 217

United States Regulation Payments Lending 217

PYMNTS

NOVEMBER 11, 2020

LinkAja, an Indonesian FinTech, closed a Grab-led Series B funding round that had participation from Mandiri Capital Indonesia, BRI Ventura Investama and Telkomsel. Over 80 percent of the upstart’s 58 million-plus registered users are from tier 2 and tier 3 cities in the nation.

Mobile 182

Mobile Payments Capital Fintech 182

Abrigo

FEBRUARY 6, 2024

It also recommends including projections related to loan pricing, operating expenses, and delinquency. In developing an appropriate strategy , credit unions should analyze the various plausible approaches they may take given their personnel, operational, and financial resources. However, with opportunities come inherent risks.

Lending 221

Lending How To Risk Management Policies 221

PYMNTS

MAY 19, 2020

The executive reported that over 40 percent of digital orders were fulfilled through ship from store and customer pickup in the first quarter. Gass also noted that the company reported positive digital sales growth in all of its categories. The retailer, for its part, has reopened approximately half of its stores throughout the nation.

Retail 235

Retail National Report Capital 235

PYMNTS

FEBRUARY 8, 2019

Reports in the Financial Times earlier this week revealed that investors are advising startups to hold on to cash and gather reserves to remain stable amid any market uncertainties. The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

SEPTEMBER 6, 2019

Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Yelo also plans to expand its team and invest in product development and sales, reports said. France’s Upflow announced a $2.7

Fintech 155

Fintech Capital Lending Operations 155

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Unfortunately, some banks adopted BSBY as one of their preferred indexes and in doing so created risk in derivatives and operations. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

MARCH 2, 2020

Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). Treasury has brought on an additional 20 new bitcoin addresses affiliated with two people to its sanctioned individuals roster, Coindesk reported.

Bitcoin 177

Bitcoin Policies Groups California 177

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

PYMNTS

JUNE 5, 2020

billion in Jio Platforms, the Indian telecommunications firm, CNBC reported. The Mubadala investment brings the total amount of capital invested in Jio Platforms to roughly $11 billion. Since its launch four years ago, Jio Platforms has gained more than 388 million 4G subscribers on its Jio Infocomm mobile network, the report said.

Industry 131

Industry Capital Groups Google 131

PYMNTS

FEBRUARY 23, 2020

Fundation will provide its products to customers that don’t meet the loan eligibility guidelines of Fifth Third, which will aid the bank meet more of the credit needs of its small business clients, according to reports. Companies that lack access to capital are not able to grow their operations or have had to cut their headcounts.

Customer Experience 130

Customer Experience Innovation Strategies Guidelines Meeting 130

PYMNTS

NOVEMBER 15, 2018

Reports in Reuters said Wednesday (November 14) that the government will purchase up to $1.44 billion in small business loans from non-bank lenders to increase availability of working capital for the nation’s SMBs. Reports said this often comes in the form of the small business owner’s home.

Lending 146

Lending National Capital Analysis 146

PYMNTS

NOVEMBER 30, 2020

Pizza Hut will now accept cryptocurrency as a form of payment at its stores in Venezuela, Cointelegraph reported. Pizza Hut has restaurants in Caracas, Venezuela’s capital, and Maracay, Maracaibo and Barquisimeto, the report stated. based Burger King, according to the report. million people, The Block reported.

Bitcoin 168

Bitcoin cryptocurrency ATM America 168

PYMNTS

DECEMBER 6, 2019

Singapore’s Osome has attracted $3 million in new funding from Target Global, while Phystech Venture and AdFirst also participated, reports in BMMagazine said this week. Osome aims to help its business clients migrate away from paper by providing reporting technology that mixes AI with human expertise.

Fintech 133

Fintech Capital Lending Chicago 133

PYMNTS

DECEMBER 8, 2020

economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to a December survey from the National Association for Business Economics (NABE). Report: Digital Lender SoFi Eyes IPO Via SPAC. The company, which was valued at $4.8

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

APRIL 1, 2020

Financial institutions stand to make billions from the $350 billion coronavirus bailout package for small and medium-sized businesses (SMBs), according to a Financial Times (FT) report on Tuesday (March 31). Speed is the operative word,” said Jovita Carranza, administrator for the SBA. times their average monthly payroll.

Capital 170

Capital National Groups System 170

Abrigo

MARCH 9, 2017

Community Development Financial Institution (CDFI) loan funds help to promote healthy communities by providing early-stage credit, capital, and financial services to small businesses, affordable housing and community facilities developers, community organizations, and other types of borrowers. communities where capital tends to be scarce.

Community 246

Community San Francisco Capital Philadelphia 246

PYMNTS

JANUARY 14, 2021

14), Bloomberg reported. . The nationwide chain — which operates about 1,470 retail stores selling pet supplies and professional services like veterinary care — is changing its name to Petco Health and Wellness in conjunction with the listing. The offering is expected to close next Tuesday, subject to closing conditions.

Puerto Rico 178

Puerto Rico San Diego Video Retail 178