Payments Dive

DECEMBER 5, 2019

Billions of people do not have access to a bank account, either due to the lack of income, unstable financial markets or the lack of verifyable identification. At the same time, millions of these same people operate in major consumer markets and shop for food, apparel, household goods and gifts.

Marketing 322

Marketing Operations 322

PYMNTS

JANUARY 30, 2020

Aurora, with logistical operations currently in Palo Alto, Pittsburgh, and San Francisco, has approximately a dozen self-driving vehicles used for testing on American public roads. Other companies continue to arrive in the expanding self-driving vehicle market.

California 261

California Operations San Francisco Google 261

Perficient

MAY 5, 2022

Two-plus years later, banks and credit unions continue to feel the pressure to transform their credit and lending operations. The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending. And for good. A Pathway to Improved Loss Rates and Happier Customers.

Lending 354

Lending Strategy Marketing Big Data 354

PYMNTS

JANUARY 8, 2020

The post did not say when Amex would start operations in the country. Final approval from the PBOC is still required in order for Amex to begin operating there. China aims to open up the market to international companies, as many foreign firms have been lobbying to enter the country for about 10 years.

Operations 187

Operations social media Cards Apple 187

PYMNTS

MARCH 13, 2020

has reportedly put all of them back into operation. China is the third-largest market for the tech company. After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc. Apple has been slowly reopening the locations, with 38 of the 42 shops open for business as of last week.

Apple 265

Apple Operations Retail Maine 265

Accenture

OCTOBER 21, 2020

In my last post, I explained how Open Banking and treasury application programming interfaces (APIs) are a win-win for both banks and their corporate clients in better meeting their business needs and operational goals. The post Treasury APIs | How market leaders are paving the way appeared first on Accenture Banking Blog.

Marketing 273

Marketing Meeting Operations 273

South State Correspondent

NOVEMBER 7, 2022

The AOCI is an accounting adjustment meant to reflect the economic value of assets and is the process of “marking loans to market.” In this article, we explore what signals marking your loans to market might send. Banks had enough liquidity so it didn’t really matter in terms of day-to-day operations.

Marketing 195

Marketing Community Bank Community Security 195

PYMNTS

JANUARY 19, 2021

While the coronavirus crisis certainly accelerated the drive toward digital, the mid-market's commerce digitization push was well underway before the pandemic hit. With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. Emerging Business Models.

Online 275

Online Marketing Payments Operations 275

Jeff For Banks

AUGUST 14, 2022

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. But in January 2021, the new OCC announced it would pause the "Fair Access" rule that was intended to prevent another Operation Choke Point.

Operations 78

Operations Lending FDIC Industry 78

Bobsguide

JULY 21, 2022

Montréal, July 19, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada with new facilities in Montréal to boost its North American operations and drive its international growth.

Operations 97

Operations America Software Risk Management 97

The Paypers

JULY 6, 2022

Australia-based Buy Now, Pay Later operator Openpay has closed operations in the US, in a push to keep up with heightened costs and lower market traction for BNPL.

Operations 36

Operations US Marketing 36

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 88

Operations Policies System Regulation 88

PYMNTS

JUNE 29, 2020

WEX has reported a $400 million investment from a partner of Warburg Pincus , which the financial services tech firm will use to continue operations amid the global pandemic, according to a press release. In May, WEX tried to back out of the deal, claiming the adverse effects of the pandemic made it impossible.

Operations 225

Operations US Capital Company 225

PYMNTS

JUNE 4, 2020

Amazon may become the latest American tech giant to buy its way into India’s fast-growing telecom market as it eyes a deal that could upend the nation’s mobile market. billion in various investments since entering the Indian market seven years ago. The move comes on the heels of big investments by a pair of U.S.-based

Operations 132

Operations Mobile Google Conference 132

PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. Chinese financial regulators called Ma and his leadership team to answer questions on the eve of the company’s stock market debut.

Regulation 158

Regulation Groups Operations Lending 158

The Paypers

FEBRUARY 8, 2024

UK-based virtual asset service provider B2C2 has decided to expand its operations into Luxembourg in the context of a developing digital asset market.

Operations 36

Operations Marketing 36

PYMNTS

AUGUST 28, 2020

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November.

Operations 154

Operations Regulation Groups Data 154

PYMNTS

JANUARY 8, 2020

The post did not say when Amex would start operations in the country. Final approval from the PBOC is still required in order for Amex to begin operating there. China aims to open up the market to international companies, as many foreign firms have been lobbying to enter the country for about 10 years.

Operations 134

Operations social media Cards Apple 134

PYMNTS

SEPTEMBER 16, 2020

The deal is expected to strengthen sennder’s position as the largest digital freight forwarder in Europe and enhances its service across its key markets. That followed a joint venture with Poste Italiane, one of Italy’s largest logistics operators. The company said its 500-person workforce manages more than 10,000 trucks across Europe.

Operations 157

Operations America Company Industry 157

PYMNTS

JULY 1, 2019

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported. ” In a U.S.

Operations 100

Operations United States Washington Report 100

PYMNTS

JANUARY 18, 2019

JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times ( FT ) reported on Thursday (Jan. and internationally,” said Co-President and Chief Operating Officer Daniel Pinto in the memo. commercial clients for Brexit.

Operations 151

Operations Payments Community Bank Cards 151

PYMNTS

NOVEMBER 30, 2020

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. s Competition and Markets Authority (CMA), the agency that oversees enforcement of antitrust laws.

Marketing 189

Marketing Regulation Google Innovation 189

PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . In other UAE-related news, the First Abu Dhabi Bank recently rolled out a payroll card solution for the market via its Mercury payment operator unit.

Operations 139

Operations ATM System Cards 139

PYMNTS

FEBRUARY 11, 2020

FinTech bank N26 , based in Germany, will no longer operate in the U.K. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will, in due course, be unable to operate in the U.K. following Brexit, according to reports. with its European banking license,” N26 said. People who live in the U.K.

Operations 141

Operations Regional Course Fintech 141

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Javier has driven deep partnerships with local, regional and global customers, opened up new markets, and navigated and maximized new regulation and legislation,” said Caldart. “He

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

JANUARY 20, 2020

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The filings also indicated that interest income would be spread across operating segments.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. The world needs a FinTech operating system.”. The world doesn’t need another bank,” Poovala told Webster.

System 258

System Operations Fintech Taxes 258

PYMNTS

NOVEMBER 19, 2020

This shift has prompted many eateries to rely on emerging tools like artificial intelligence (AI) to better manage various aspects of their operations as consumers transact remotely. I’m very excited about what AI can do for restaurants, and we are looking at how it fits with Boston Market right now,” he said. “I

Boston 200

Boston Fraud Meeting Mobile 200

Bobsguide

JULY 28, 2022

New York, 27 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, has appointed Thomas Bodenski as COO as the firm expands its executive team to support its rapid growth. Thomas will be integral to building on TS Imagine’s significant momentum and further develop our offerings.”.

Operations 88

Operations New York Analytics Software 88

Abrigo

OCTOBER 21, 2020

Key Takeaways Trepp's head of Commercial Real Estate Finance outlined the current CRE market and looked at the future of CRE during Abrigo's recent ThinkBIG conference. This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here. The pandemic's impact on CRE.

Marketing 313

Marketing Lending Risk Management Retail 313

PYMNTS

AUGUST 12, 2019

Deliveroo, the British food delivery service, said it will end its operations in Germany and shift its focus to other markets. Reuters reported that the announcement came on Friday (August 9) that the company would exit that market. Deliveroo will bring its focus to other markets across Europe and the Asia-Pacific region.

Operations 100

Operations Regional Marketing Company 100

PYMNTS

APRIL 26, 2019

operations. In a letter on its webpage, Sinemia said it was ending operations in the U.S. While we are proud to have created a best-in-market service, our efforts to cover the cost of unexpected legal proceedings and raise the funds required to continue operations have not been sufficient. The competition in the U.S.

Operations 122

Operations Fraud Capital Analysis 122

PYMNTS

OCTOBER 19, 2018

While Starbucks aims to streamline its operations in places that are seeing challenges with sales, the coffee chain plans to give a longtime partner the rights to operate cafes in four European markets. In addition, Alsea will take over operations at 177 franchisee-owned stores, according to reports. and 3:00 p.m.,

Operations 129

Operations America US Marketing 129

PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. That focus has only grown amid the takeout- and delivery-only operational shifts due to COVID-19-related social-distancing efforts. Careful attention to reviews could give management a firmer handle on how to tweak their restaurants’ marketing or address problem areas.

Operations 156

Operations social media Online Survey 156