PYMNTS

FEBRUARY 11, 2020

FinTech bank N26 , based in Germany, will no longer operate in the U.K. following Brexit, according to reports. 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. with its European banking license,” N26 said. People who live in the U.K.

Operations 141

Operations Regional Course Fintech 141

Perficient

FEBRUARY 28, 2024

The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance. Perficient’s insurance experts, who were interviewed for this report, echo this sentiment, emphasizing the need for insurers to embrace innovation to stay relevant.

Innovation 251

Innovation Regional Strategy Trends 251

American Banker

OCTOBER 23, 2023

The Alabama bank reported that check fraud resulted in operational losses of $135 million between April and September, including $53 million last quarter. The entire banking industry has been beset by higher levels of check fraud since the start of the COVID-19 pandemic.

Fraud 84

Fraud Alabama Regional Industry 84

PYMNTS

NOVEMBER 24, 2020

Li Keqiang , Chinese premier, forecasts that the country could return to normal economic activity by next year, Reuters reports. Instead, Reuters reports that the country will rely on “internal circulation,” or the domestic cycle of production, distribution and consumption, to develop new things. While Europe and the U.S.

Regional 195

Regional Conference Marketing Report 195

PYMNTS

AUGUST 7, 2019

The Bank of Lithuania has suspended the majority of activities of payments company SatchelPay , reports said Tuesday, barring the Lithuanian company from issuing electronic money or providing part of its payment services. The Industry Spread reported Tuesday (Aug. The Industry Spread reported Tuesday (Aug.

Operations 101

Operations Regional Compliance Report 101

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard.

Operations 141

Operations Regulation Regional Retail 141

Perficient

JULY 14, 2020

You have an application you use daily for operations, but when it comes down to clicking that submit button, you need that extra piece of information to make your decision. Reading an email about region productivity and need to understand who is covering that region? Click on the region and get the list of names.

Data 461

Data Regional System Meeting 461

PYMNTS

APRIL 27, 2020

the California-based online payments system, on Monday (April 27) released its annual Global Impact Report , which typically highlights the firm’s progress on advancing profitability, promoting a diverse workforce, minimizing pollution and operating responsibly. PayPal Holdings Inc.,

Report 168

Report Community California Regional 168

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

CFPB Monitor

MAY 23, 2019

The FDIC has announced that it has entered into a settlement of the lawsuit filed against it and the OCC in 2014 by a trade group and several payday lenders challenging “Operation Choke Point” — a federal enforcement initiative involving the FDIC, OCC and other federal agencies. In July 2017, the D.C.

FDIC 112

FDIC Operations Policies Regional 112

PYMNTS

FEBRUARY 28, 2019

Ride-hailing and food delivery app Uber is reportedly in “advanced” talks to buy Careem, a Dubai-based rival, according to reports. The deal would help to grow Uber’s operations in the region. Careem has upwards of one million drivers and operates in more than 100 cities in the region.

Report 129

Report Regional Taxes Operations 129

PYMNTS

MARCH 8, 2019

Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. The Asia Pacific region has the most employees outside of China, so job cuts there were the first step in the consolidation process.

Operations 108

Operations Regional Analysis America 108

PYMNTS

JANUARY 10, 2020

FlixMobility , a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. FlixMobility is operating in 30 countries. FlixMobility launched in the United States in 2018, challenging popular companies like Greyhound, and now operates with 100 destinations from coast to coast. billion people.

Report 130

Report United States Regional Operations 130

PYMNTS

JULY 24, 2020

The July Payments Powering the Platform Economy Report examines how international eCommerce platforms work to create transaction experiences that are compelling and secure for users in each market they serve. Find more about these stories and the rest of the latest headlines in the Report. Get the full story in the Report.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

NOVEMBER 2, 2020

z International reported on Monday (Nov. Our execution was strong, we continued to accelerate our strategic initiatives, and all of our regions were in growth.”. Organic net revenue expanded in all four of the global company’s regions, according to management. The company reported $2.3 Snack food giant Mondel?z

Report 141

Report Regional Branding Marketing 141

PYMNTS

AUGUST 2, 2019

-based firms, he noted, as they soon realize that European countries like the Netherlands or Germany prefer bank-to-bank payments to credit cards, and that those in the Asia-Pacific region tend to favor mobile wallets and bank-based methods. This makes researching a region’s preferences critical before launching services there.

Regional 123

Regional Payments Cards Examples 123

PYMNTS

JUNE 18, 2020

The pandemic is having monumental impacts on restaurants’ operations and interactions with potential diners, pushing to the forefront services that offer quick and seamless online ordering tools to reach customers stuck in their homes. The initiative, which expands upon a collaboration already underway in the U.S., About the Tracker.

Report 189

Report Online Strategy social media 189

PYMNTS

JANUARY 24, 2017

A new report by FedEx Business Insights published this month in the form of an online video finds that SMEs are quite optimistic about their futures as they look to grow via cross-border trade. Another recent report released by HSBC last November found that fear is a major hurdle holding SMEs back from global growth.

Regional 100

Regional Analysis Policies Report 100

PYMNTS

SEPTEMBER 28, 2020

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). The ongoing pandemic has caused many regulators in the MENA region to examine the digital and open banking infrastructure they have in place. Around The Data Protection World.

Online 151

Online Report Payments Regulation 151

PYMNTS

OCTOBER 23, 2017

Earlier this year, Italy initiated its largest bank bailout in its history when it committed up to $19 billion to save two failing regional banks, Banca Popoalare di Vicenza SpA and Veneto Banca SpA. Now, reports in Bloomberg said Friday (Oct. Reports noted the entity that is acquiring the $21.3

Regional 108

Regional Capital Report Payments 108

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

Operations 138

Operations Innovation Management Risk Management 138

CB Insights

AUGUST 17, 2021

California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. The post This Sequoia Capital-Backed Neobank Raised $750M To Scale Operations appeared first on CB Insights Research. HOW’S THE COMPANY PERFORMING?

Capital 78

Capital Operations California Regional 78

Abrigo

JANUARY 3, 2024

Takeaway 3 Financial institutions with a suspected human trafficking, drug trafficking, or arms trafficking transaction should not hesitate to file a Suspicious Activity Report. Such drug operations require significant sums of money to maintain. In 2022, NIDA reported that 109,680 people died as the fentanyl crisis deepened.

United States 221

United States San Antonio Training Fraud 221

PYMNTS

FEBRUARY 13, 2019

A report last year from the U.S. The Southwest border region is a high-risk area for money laundering activity, in part because of a high volume of cash and cross-border transactions, according to bank representatives and others,” the report said. “The million in cash.” Each jet would carry $8 million or more. Mexico border.

Cards 147

Cards Operations New York City Regional 147

PYMNTS

MARCH 8, 2019

A group of investors led by the eCommerce operator is reportedly “ready to sign a deal to buy YES Network — one of New York’s most prominent cable sports channels.”. As per the report, Amazon’s bid will be for the 80 percent of the YES Network not owned by the Yankees, and would be backed by the Sinclair Broadcast Group.

Report 100

Report Video New York Regional 100

PYMNTS

JULY 21, 2020

Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems. Many nations in the region are thus examining their open banking proposals to ensure they address this behavior.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

DECEMBER 10, 2018

The scope of late payments in the United Kingdom continues to be illuminated across government reports. Among the latest is a report from the Business, Energy and Industrial Strategy Committee, or BEIS for short, that shows continued impact on smaller firms. Travel agency Thomas Cook took an average of 88 days to get suppliers paid.

Report 159

Report Retail Payments Survey 159

PYMNTS

SEPTEMBER 24, 2018

Still, even in this digital world, where everyone and everything is connected via mobile, going global can be tough for a company looking to expand its operations abroad. Payments landscapes in different regions can vary greatly, and to succeed, businesses need to know the ropes. Take China, for example. Chinese consumers spent $1.2

Innovation 190

Innovation Report Payments Mobile 190

Abrigo

FEBRUARY 6, 2024

Yet despite warnings about the high prevalence and high costs of check fraud, many banks and credit unions operate without systematic fraud prevention programs or lack the technology to combat check fraud. The uptick in check fraud at financial institutions across the country has been well-publicized and emphasized by regulatory agencies.

Fraud 221

Fraud Training Trends Regional 221

PYMNTS

JANUARY 12, 2018

The Wall Street Journal reports that the “four-letter” word has been getting the boot from … mall operators. There are 90 regional malls that have renovated in just the past four years and, as calculated by property consultancy JLL, 17 have stripped away the “mall” designation. Call them something else, then, it seems.

Operations 116

Operations New Jersey Ohio Examples 116

PYMNTS

AUGUST 29, 2018

Dash is teaming up with Kripto Mobile to spread its payment system through Latin America, Cryptovest reported. Users in the region are able to spend and acquire Dash through their mobile phones, which comes loaded with the Dash ecosystem. Already, private and public banks have to use the digital currency in their financial reports.

Alabama 100

Alabama Operations Bitcoin cryptocurrency 100

PYMNTS

MARCH 1, 2016

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

Operations 100

Operations Strategy United States Regional 100

PYMNTS

JULY 7, 2020

Corporations in the Asia-Pacific ( APAC ) region are particularly aware of these regulatory challenges. SMBs operating in this market navigate a fragmented regulatory landscape, slow processing times and high charges even more than their counterparts in other regions.

Payments 157

Payments Report Fintech Regional 157

PYMNTS

NOVEMBER 20, 2020

operations should be examined on antitrust concerns. As reported, the deal would create the fifth-largest bank in the U.S. The combined bank, as reported, will have a presence that spans 24 states and sports an asset base of roughly $560 billion. And as we reported , it’s relatively easier to buy scale than to build it.

California 283

California Regional Google Guidelines 283

CFPB Monitor

DECEMBER 3, 2018

On November 15, 2018, in response to a November 7, 2018 letter from Republican Senators , FDIC Chairman Jelena McWilliams announced that the FDIC has engaged outside counsel to investigate the Obama-era Operation Choke Point, under which the FDIC and other government agencies pressured banks not to do business with payday lenders.

FDIC 68

FDIC Operations Exercises Policies 68

PYMNTS

AUGUST 3, 2020

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3). ‘Ndrangheta operates from the Calabria region in Southern Italy.

Regional 362

Regional Online Fintech Regulation 362

PYMNTS

JULY 5, 2020

Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents. Bloomberg reported. Bloomberg reported. s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. and Europe.

Google 264

Google Regional Retail Groups 264