Bank Innovation

MARCH 30, 2018

Melbourne-based challenger bank Judo Capital will be focusing its efforts on small business banking in Australia, according to banking plans unveiled by the challenger yesterday.

Capital 199

Capital National Regulation Online 199

PYMNTS

FEBRUARY 6, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay has a market capitalization of around $10 billion. A majority of its revenue comes from merchant fees, which comprise around 3 to 6 percent of transactions.

Regulation 141

Regulation Google Policies System 141

PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

Regulation 141

Regulation Google Report Capital 141

PYMNTS

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. Banks emigrated from the U.K.

Capital 154

Capital ATM Analytics Report 154

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

Online 222

Online System Fraud Video 222

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

JULY 7, 2020

To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC. In that role, he spearheaded the shift to a DTC online brand from a catalog company.

Company 130

Company Capital Branding Leadership 130

PYMNTS

SEPTEMBER 14, 2018

How do consumers really want to search online ? The peg for the story is the fresh capital that DuckDuckGo has raised from a Canadian firm, funding that will go toward marketing and other activities. Further regulations are looming. That’s a question with obvious relevance to payment and commerce operators.

Online 148

Online social media Google Data 148

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 7, 2017

LendingClub’s former CEO, Renaud Laplanche, who stepped down in May, sending shockwaves throughout the online lending industry, is gearing up to launch a new lender online called Upgrade. including Union Square Ventures, Ribbit Capital, Vy Capital and Silicon Valley Bank.

Online 100

Online San Francisco Utah Lending 100

PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Regulators Call for ‘Vigilant Monitoring’ of Big Tech’s Financial Data Use.

Regulation 131

Regulation Data Apple Payments 131

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . These technologies enable capital markets firms not only to adapt to market volatility, but also to pursue new growth opportunities. ESG reporting requirements. Trade analytics and execution. EQUITY MANAGEMENT PRACTICES.

Capital 66

Capital Trends Marketing Analytics 66

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. and international sports, pursuant to state rules and regulations. and Australia. . and Australia. .” and Australia.

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

JUNE 23, 2016

The online lending landscape may get rockier as federal regulators are eyeing whether to bolster their oversight on loans extended to small businesses. The focus of these lenders has been to extend capital to small businesses and startups, and those players have maintained that more regulations could hurt business.

Lending 100

Lending Regulation San Francisco Online 100

PYMNTS

DECEMBER 18, 2020

The IPO rate for Chinese companies is the highest since Alibaba’s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. This year’s IPO class included tech company Lufax and online real estate platform Ke Holdings, whose public offerings ranked in the top 10 biggest on the U.S. stock exchanges.

Phoenix 268

Phoenix Regulation Capital Marketing 268

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

MARCH 24, 2017

Online crowdfunding portal Funding Wonder has found its first business to use its regulated financing solution, the company said Thursday (March 23). Small businesses are the backbone of our economy, and crowdfunding portals like Funding Wonder offer an alternative source to access capital that we hope will help them thrive.”.

Regulation 100

Regulation social media Security Industry 100

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

PYMNTS

NOVEMBER 18, 2016

Another survey found that 24 percent of Americans reported earning income from the “platform economy” in some way — either by selling something online (18 percent) or finding gig work online (8 percent). When it comes to issues of competition and regulation , the sharing economy may still have a long way to go.

Regulation 100

Regulation Survey Online Examples 100

Perficient

DECEMBER 14, 2020

If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. Cloud Computing will be Increasingly Regulated. In order to capitalize on projected increases, marketplaces will have to expand offerings, standardize contracts and billing terms, and simplify multi-vendor management.

Technology 348

Technology Trends Software Resources 348

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152

Industry DC Regulation Washington 152

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

MARCH 20, 2020

The policy being drafted by India’s trade ministry also calls for a new regulator to provide oversight and enforce compliance. The regulator will have the authority to request information from tech firms and also enforce other Indian laws aimed at consumer protection and fair competition, the sources said.

Data 183

Data social media Policies Regulation 183

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). 1, and will have to apply for a license to do so. 1, and will have to apply for a license to do so.

Groups 161

Groups Company Regulation Lending 161

PYMNTS

OCTOBER 2, 2020

Asda Group Ltd , the British supermarket retailer; TDR Capital , the London-based private equity firm; and EG Group , a global convenience retailer announced on Friday (Oct. regulators blocked Walmart's 7.3 Regulators ruled that the new company would raise prices for consumers. grocery chain, for 6.8 billion pounds ($7.9

Retail 187

Retail Groups Capital Regulation 187

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. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators. About The Tracker .

Video 211

Video Report Meeting United States 211

Bank Innovation

JUNE 12, 2017

As the year saw changes in financial regulation, startup culture, and trends in venture capital, innovation moved forward: blockchain labs were made, funding was fought for, mobile payment systems were integrated, and the limits of artificial […].

Innovation 399

Innovation blockchain Trends Capital 399

PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . At the time, Credit Suisse and China International Capital Corp. If the IPO moves ahead, one of the sources said it would be one of the world’s biggest listings this year.

Groups 175

Groups Report Capital Regulation 175

Bank Innovation

APRIL 12, 2017

Rather, it’s going through a reboot, which will include improved software, increased focus on regulation, and improved transparency. This was the upshot from a venture capital panel at a recent Bank Innovation event in San Jose. But what got the online lenders in trouble in the first […].

San Jose 170

San Jose Lending Video Capital 170

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Its capabilities and adaptability provide significant cost savings and improved efficiency.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Its capabilities and adaptability provide significant cost savings and improved efficiency.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

DECEMBER 16, 2020

IBM has purchased Expertus Technologies, which is based in Canada, according to an announcement, in an effort to strengthen its hybrid cloud and artificial intelligence (AI) infrastructure in addition to its online payment strategies. Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments.

Technology 240

Technology System social media Payments 240

PYMNTS

JUNE 10, 2016

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. And while that is bad news for a startup like Uber, as it turns out, instinctive fear of the regulator is not an endemic condition among startups. Kennedy School of Government.

Regulation 100

Regulation National Austin Fintech 100

PYMNTS

NOVEMBER 10, 2020

The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries. SumUp’s Dublin office is poised for growth and will become the central regulated location for the firm’s business across the EU. The FinTech also has eCurrency licenses in Lithuania and the U.K.

Fintech 245

Fintech Regulation Cards Google 245

CFPB Monitor

DECEMBER 22, 2020

The FDIC has issued a final rule that establishes a new framework for analyzing whether deposits made through deposit arrangements qualify as “brokered deposits” and amends the methodology for calculating the interest rate restrictions that apply to less than well capitalized insured depository institutions (IDIs). Primary Purpose Exception.

FDIC 78

FDIC Capital National Regulation 78