PYMNTS

MARCH 13, 2017

The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding a scheme to steal millions of dollars through fake expense reimbursements, invoices that were inflated and other improper accounting tactics.

New York 101

New York California Regional Cards 101

PYMNTS

JULY 17, 2020

Consumers trekking from San Francisco to Los Angeles to Chicago to New York and beyond who do not have access to a car are met with very different transit systems whose complexity impedes geographical navigation. He pointed to the taxi industry as a use case that shows how both forces can affect a given market’s transit payments.

Payments 150

Payments St. Louis Los Angeles San Francisco 150

PYMNTS

DECEMBER 17, 2019

In another nod to the Lone Star State’s geographical landscape, each of the company’s flavors represents a different region in the state. The Market. All Y’alls Foods’ target market is broader than just vegetarians. Christoffel said that the firm can cost-effectively engage in that type of marketing.

Texas 139

Texas New York City Denver social media 139

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

Community Bank 150

Community Bank Community Regional Cleveland 150

South State Correspondent

JANUARY 4, 2023

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

Community Bank 195

Community Bank Capital Lending Training 195

Bank Innovation

MAY 11, 2017

I sat down with the marketing team at Anthemis to discuss the opportunities and geopolitical challenges of open finance. Africa focused on mobile, Asia innovating without regulation, Europe innovating through regulation and North America relying on the market to fund start-ups that can circumvent retrograde infrastructure.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

MAY 3, 2019

In other news, the New York Police Department (NYPD) has issued a warning about phone scammers pretending to be Social Security Administration officials and requesting payment in bitcoin, prepaid gift cards, and bank wire transfers.

Bitcoin 129

Bitcoin blockchain Texas New York 129

PYMNTS

APRIL 8, 2019

Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic Transportation Systems has notched a contract for a mobile ticketing system in Ireland , and Bear Market Coffee in Ireland has gone cashless. Banco BASE has tapped Volante Technologies Inc.

Payments 100

Payments New York City System Metro 100

PYMNTS

FEBRUARY 10, 2020

They can then choose the regions or neighborhoods in which they are comfortable staying, and pay for their room with a credit or debit card via Stripe. The company’s target market includes Gen Z and millennials. The company offers rooms in markets like New York, San Francisco, Nashville, New Orleans, Chicago and Orlando.

Las Vegas 142

Las Vegas San Francisco Nashville Chicago 142

Abrigo

JULY 22, 2022

A new and unpredictable market. The order seems well-timed given the recent crash of some platforms which helped trigger a flight from the cryptocurrency market, driving its value from $2.9 Crypto turbulence. Despite recent turbulence, cryptocurrency has enjoyed a significant rise in consumer interest in the past few years.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

PYMNTS

APRIL 21, 2017

Tencent is one of the biggest players in mobile app transactions: Its payment system accounted for about 38 percent of market share in China at the end of the third quarter, according to research firm Analysys International. Tipping will remain open for business on Android, which is the dominant handset brand in the region.

Apple 104

Apple New York System Regional 104

PYMNTS

JULY 17, 2018

In one case at the state level (and it’s New York, so movement there carries much weight within the financial arena), Bloomberg reported that NY’s financial regulator is challenging what the newswire terms a “fundamental principle” on bank and FinTech relationships that brings interest rate caps into that regulator’s crosshairs.

Fintech 100

Fintech Regulation New York Management 100

PYMNTS

OCTOBER 23, 2018

According to the PYMNTS Unattended Retail Tracker , the self-service market is growing rapidly, as fresh food sellers work to carve themselves a niche in a market that will soon be worth billions. The projected value of the global self-service market by 2023 is $13 billion. million smart vending machines.

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

AUGUST 21, 2018

The market opportunity is a sizable one. As Liu stated, the market size for travel activities will reach $183 billion globally by 2020; today, less than 20 percent comes from mobile or online bookings. The users themselves come from more than 80 countries and regions, he said. Sizable Markets Loom. and Europe yet.”.

Regional 103

Regional United States Capital Mobile 103

NCR

APRIL 22, 2016

While mortgages, student loans and car loans make up the majority of the consumer debt pie, credit cards are an increasingly larger piece. According to the 2015 American Household Credit Card Debt Study , U.S. households carry an average of $15,762 in credit card debt, up 10 percent from 2014. Limit your card collection.

Cards 40

Cards New York National Study 40

PYMNTS

FEBRUARY 21, 2020

General Mills is seeking to gain ground on the revenue side by pricing its new Morning Summit cereal at nearly five times the price of standard entries. The new offering is more nut-based and probiotic. cereal market has lagged in recent times, with a bit of an uptick last year. The $8 billion U.S. and its investment bank.

Payments 130

Payments New York City Meeting New York 130

PYMNTS

NOVEMBER 1, 2018

habitat by honestbee , which is an extension of a regional on-demand delivery service called honestbee, is a 60,000-square-foot space that is billed as both a grocery store and a dining destination. Customers can then use one of two different checkout options to pay for their items. “It The Marketplace of Cashierless Ideas.

Seattle 152

Seattle San Francisco New York City United States 152

PYMNTS

JUNE 14, 2018

The market for Chinese consumers in search of education and medical care in the United States and around the world is large – and growing. Those figures, reported by The New York Times , come care of Ctrip , a Chinese travel booking company, which offers medical travel on its website. A New Incentive Structure.

Payments 108

Payments Cards National Marketing 108

PYMNTS

DECEMBER 8, 2017

In addition to expense management, Happay provides business customers with expense report solutions as well as prepaid and international travel cards for corporate travel payments and expenses. The Middle East’s technology market is underdeveloped, particularly in the form of SaaS,” said CEO Talal Bayaa. Artificial Intelligence.

Bitcoin 139

Bitcoin Analytics Payments Capital 139

PYMNTS

AUGUST 2, 2018

Apple Pay is now live in 24 markets worldwide with over 4,900 bank partners, and we look forward to adding Germany later this year,” he said, adding that recent retail deals involving eBay, CVS and 7-Eleven promise to make the payments tool attractive to more consumers. Contactless Reality. transit systems.

Apple 101

Apple Chicago New York City Training 101

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). banks by market value.”. The New Name for Community Award. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

NOVEMBER 21, 2016

However, as they extend to other regions — such as Latin America — they soon learn that payments structures and processes can shift dramatically from country to country, and each may have radically different regulations when it comes to dealing with how people get paid.

Payments 100

Payments New York City Regulation Taxes 100

PYMNTS

NOVEMBER 30, 2017

Fraud is on the rise, especially account takeover fraud , and the growing sophistication of fraudsters – paired with the massive quantities of credit card and personal information now available on the dark web – could create a perfect storm for cybercriminals around the world this holiday season. Bah, Humbug.

Fraud 106

Fraud Regional Retail Branding 106

PYMNTS

JANUARY 8, 2018

In a recent interview with PYMNTS, Donovan explained how the company works to replace good ol’ transit tickets in 30 global markets. Using Masabi’s platform, commuters are never more than a tap of their smartphones away from their transit tickets — and just as close to buying new tickets or renewing expired ones. “I

Mobile 161

Mobile Training Boston Alaska 161

PYMNTS

APRIL 6, 2018

There are a number of very interesting target markets, because no matter what city you are in, they want bikes as opposed to cars.”. Mobike was the loudest sizzle in the bonanza of bike-related news this week, with the announcement that it has been acquired by Meituan-Dianping for $2.7 billion, according to South China Morning Post.

Apple 100

Apple San Francisco New York Sacramento 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Market opportunity. Virtual card issuance. Business lending and corporate cards. Atlas reduces barriers to new business creation.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 30, 2018

To bring the concept of the farmers’ market to the world of eCommerce, online marketplaces are connecting local producers with consumers hungry for fresh food. The company’s fresh foods like meat, cheeses, and produce are primarily brought in within 200 to 300 miles of its base in New York City.

New York City 106

New York City California Resources Florida 106

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. Performance and multiples continue to be solid, outperforming most regional banks. Has to be M-O-E. Bank Merger of the Year. So which merger was the best in 2021?

Fintech 143

Fintech Strategy Leadership Lending 143

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. picks up Bancorp of New Jersey, Inc. ConnectOne Bancorp, Inc.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

JANUARY 17, 2017

No dream, this: Alipay is expanding its efforts and footprint in North America to capture discretionary spending as Chinese tourists flock to the region for culture and entertainment … and spend on everything from food to handbags. Of that, picture 120 million wallets right in your own backyard, flush with cash and credit.

Los Angeles 100

Los Angeles San Francisco America Retail 100

PYMNTS

JANUARY 24, 2020

The partnership will also allow non-Chinese visitors in China to pay in-store, using a virtual UnionPay card that is autogenerated when PayPal is presented at the point of sale — a QR code is created, and funds are taken directly from the consumer’s bank account. Back on U.S. For 2021, though, the IMF has forecast a growth rate of 3.4

Payments 131

Payments New York Technology Marketing 131

PYMNTS

NOVEMBER 14, 2016

If they accept bitcoin, you are not going to have to pay credit card processing fees.”. In one example discussed by Webster and Sunnarborg, regions beset by wild currency volatility — say, in Latin America — may find bitcoin attractive, as it can be more stable than sovereign currencies, depending on the country.

Bitcoin 100

Bitcoin cryptocurrency San Francisco New York 100

PYMNTS

AUGUST 16, 2019

That changed on the 11th day of the month that year, when the first internet purchase in history was made by a Philadelphia resident with a Visa card. Big Play of the Week: The Power of Prime Day to Move Markets . BofA economists came up with their predictions based on Bank of America credit card data, which showed spending rose by 0.8

Retail 108

Retail Nashville Seattle Boston 108

PYMNTS

AUGUST 14, 2017

On the regulatory front, last week saw a bit of news about mergers – actually, more than a bit. credit card processing company Vantiv to buy Worldpay, was finalized for $10.4 As was noted late last month in the New York Post , Republican Rep. Specifically, the agreement for U.S. Chris Smith (R-N.J.),

Fintech 100

Fintech Regulation United States Lending 100

PYMNTS

MARCH 9, 2018

There was the fizzle of the stock market – measured by volatility and whipsaws, which nobody liked or likes. As The New York Times reported Thursday, some exemptions would be in the works. iTunes gift cards. iTunes gifts cards. There was the continued drain of the Trumpian brain trust. as of 6:31 p.m.,

New York 101

New York Cleveland Security National 101

PYMNTS

JUNE 23, 2016

The convenience of credit cards and slimming consumer wallets may suggest that hard cash is slipping away as a preferred method of payment. In Germany — where, until recently, about 50 percent of eCommerce transactions were paid for by Cash on Delivery (CoD) — consumers are also continuing to choose cash over credit cards. The result?

ATM 102

ATM Cards Analysis Trends 102

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. We will be updating this brief on an ongoing basis as more relevant data, investments, news, and products are released. Closing thoughts.

Cards 101

Cards Lending Strategy US 101