PYMNTS

MARCH 3, 2020

Gmarket was acquired by eBay in 2009 for around $1.2 eBay has been considering a selloff of the business since last year, as well as other options like spinning it off and making it a joint operation. Also, private equity fund MBK could potentially be interested. billion and was merged with the South Korean company Internet Auction.

Regional 140

Regional Groups Online Retail 140

Bank Innovation

FEBRUARY 28, 2017

Bank Innovation today released a beta of its relaunch, the most significant rebuilding of the site since its start in 2009. Let us know what you think of the rebuilt site by emailing info@bankinnovation.net.

Innovation 150

Innovation US social media Operations 150

Cisco

APRIL 12, 2022

In 2009 when the closing of branches trend began the U.S. Commerce disruptor Amazon has found value in operating physical stores, financial institutions should be able as well. Branches should focus on more complex financial services and relationship management. Optimize branch operations. had nearly 100,000 branches.

America 109

America Customer Experience Operations Survey 109

PYMNTS

NOVEMBER 10, 2020

"Partnering with Plaid, Mazooma will maximize conversion for our merchant clients by making it even faster and easier for players to fund their accounts," Mazooma Chief Operating Officer Dave Roe said in the announcement. Mazooma, a gaming industry leader for more than 15 years, is headquartered in Atlanta, Georgia and was founded in 2009.

Payments 137

Payments Georgia Atlanta Risk Management 137

PYMNTS

NOVEMBER 7, 2018

He was CEO of publicly traded Accelrys , where he boosted revenue from $75 million to $185 million, while successfully transitioning the company into the leading global provider of scientific product lifecycle management software and services. As a result, Interwoven was acquired in 2009 for a significant premium.

Software 148

Software Mobile Leadership Analytics 148

Abrigo

FEBRUARY 9, 2016

Internal challenges Top management will be familiar with many of the internal challenges. As the market has shifted from 2009, almost every bank wants to grow, and they are receiving pressure to do that,” says Peter Brown, director of strategy and operations for the financial institutions division at Sageworks. “As

Compliance 150

Compliance Lending System Data 150

Bank Innovation

MARCH 6, 2017

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

Innovation 150

Innovation Online social media Operations 150

Bank Innovation

FEBRUARY 28, 2017

We have undertaken our most significant redesign and relaunch since Bank Innovation initially dropped online in 2009. This beta officially kicks off today and marks a new chapter in the life of Bank Innovation. We hope you love it. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we […].

Innovation 150

Innovation Online social media Operations 150

PYMNTS

JULY 10, 2020

has not seen such volume since the end of 2009. s termination of support for its Windows 7 operating system. Such changes often prompt users of an out-of-favor operating system to replace older machines. With volumes expected to surpass 21 million units, the U.S. The strong sales also follow Microsoft Corp.’s

Apple 141

Apple Mobile Maine Groups 141

Jeff For Banks

MAY 1, 2011

When a significant portion of your cost structure is fixed, then growing revenues should generate positive operating leverage. Clearly, part of this consolidation wave was attributable to FIs striving for economies of scale and positive operating leverage. I chose this period to offset any impact from the 2008-2009 financial crisis.

Operations 89

Operations North Carolina Ohio Groups 89

PYMNTS

OCTOBER 28, 2019

We’ve been working with him over the course of this year, and given our renewed focus on our acquisition and financing approach, now was the right time to ask him to step in to manage our upstream banking relationships and the fleet management.”. Big Changes. IAC is an internet media company that previously owned Match.com and OkCupid.

San Francisco 101

San Francisco United States Capital User Experience 101

PYMNTS

SEPTEMBER 27, 2017

The Wall Street Journal reported that the joint venture, which has operated in conjunction with First Data Corp. since 2009, employed about 2,200 people. Bank of America Merchant Services laid off about 10 percent of its staffers last week, with sources saying that the cuts are the result of restructuring.

America 125

America Operations Meeting Strategy 125

PYMNTS

OCTOBER 28, 2019

We’ve been working with him over the course of this year, and given our renewed focus on our acquisition and financing approach, now was the right time to ask him to step in to manage our upstream banking relationships and the fleet management.”. Big Changes. IAC is an internet media company that previously owned Match.com and OkCupid.

San Francisco 100

San Francisco United States Capital User Experience 100

PYMNTS

MARCH 5, 2019

from a Russian-operated network of 70 offshore companies in one of the largest banking leaks. The investigation is centered on Russian investment bank Troika Dialog, with evidence showing that managers funneled money for more than eight years, starting in 2004. According to The Guardian , investigators found 1.3 billion ($4.6

Company 129

Company Fraud Compliance Regulation 129

PYMNTS

JUNE 21, 2018

In May, it launched mid-trip ratings and tips, and that has driven a 30 percent increase in tipping, said Uber Product Manager Dhruv Tyagi. Lyft , noted the report, is operating in fewer markets than Uber — Lyft is in the U.S. and Canada while Uber has operations around the world.

San Antonio 102

San Antonio San Jose Kansas City New York 102

PYMNTS

APRIL 14, 2020

Companies fortunate enough to retain access to their suppliers have had to rethink purchasing practices to ensure that their vendors — especially smaller players with fewer financial reserves — are able to stay in operation and continue selling to them. That concern has prompted major companies to start paying their small vendors faster.

Strategy 299

Strategy Meeting Report Payments 299

PYMNTS

OCTOBER 3, 2016

So, how did Vacasa , the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties in the U.S. Italy, Spain, Belize and Chile.

Portland 174

Portland Oregon Idaho Regional 174

PYMNTS

JUNE 20, 2017

Greene has been with FLEETCOR since 2009 when he joined as vice president for Corporate Development. In 2014 Greene was then named managing director for Epyx, a service and repair company acquired by FLEETCOR in 2013. I look forward to working closely with Steve in this new position.”.

Leadership 115

Leadership Cards Regional Innovation 115

PYMNTS

SEPTEMBER 24, 2018

According to the report, in the past few weeks, hotel housekeepers in Chicago who are unionized, distillery workers in Kentucky and Seattle crane operators are choosing to strike, citing the need for better pay and benefits. Kochan, a professor of industrial relations at MIT’s Sloan School of Management, told The WSJ. “We

Los Angeles 122

Los Angeles Kentucky Seattle Chicago 122

PYMNTS

MAY 1, 2018

Acton and Koum co-founded WhatsApp in 2009, and Facebook bought it in 2014 for $19 billion in cash and stock. In fact, WhatsApp’s management has been against advertising, explaining that they did not want to be “just another ad clearinghouse” where the engineering team “spends their day tuning data mining.”.

Strategy 124

Strategy Company Data Regulation 124

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. No, we’re not talking about the launch of Square – that was in February of 2009. True in 2009. The skies parted, the Earth shook and the song of angels was heard from on high. Well, that’s how we remember it, anyway.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

MAY 9, 2017

Most people did not consider 2009 an ideal time to start any kind of small business — the credit markets had more or less squeezed shut, a staggering number of Americans found themselves on the unemployment rolls and the economy seemed like it might be on the brink of ruin. And that was a problem they could fix. The sweetFrog Experience.

Innovation 100

Innovation social media Community New York 100

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. We have full confidence in our new management team and we are a better company today.”. He didn’t leave alone – most of LendingClub’s founding senior management team resigned or exited along with him. The DOJ Finding.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

OCTOBER 21, 2019

Italy’s Grimaldi Group, which operates one of the largest fleets of vessels focused on getting vehicles between countries, says Brexit, the trade war between China and the U.S. Grimaldi, as the Journal reported, operates 50 carriers that transport vehicles made by Ford, GM and Fiat across trade corridors.

Groups 101

Groups America Policies Operations 101

BankUnderground

JUNE 16, 2021

In 2009 at age 94, Paul Samuelson’s advice to economists was ‘Have a very healthy respect for the study of economic history, because that’s the raw material out of which any of your conjectures or testings will come’. The Bank’s Millenium of Macroeconomic Data is a good example of this. But it was not completely new.

Examples 128

Examples Policies United States Exercises 128

PYMNTS

JANUARY 24, 2019

The retail chain also plays a role in another acquisition idea, this one floated by activist hedge fund Elliott Management (which owns more than 4 percent of eBay) and Starboard Value LP. Walmart’s Jet.com operation, meanwhile, keeps growing. billion purchase of Zappos.com in 2009 and Alibaba’s $1 billion purchase of Lazada in 2016.

Google 115

Google Analysis Branding Samsung 115

PYMNTS

SEPTEMBER 29, 2016

Back in 2009, that’s what NerdWallet did. Seeing NerdWallet grow from a singular credit cards tool in 2009 to providing content and tools across 11 personal finance topics today is something I have great pride in,” said Tim Chen, CEO and cofounder of NerdWallet. So, what’s a good startup idea? A personal finance site. Its mission?

San Francisco 100

San Francisco Tools Knowledge Base Cards 100

PYMNTS

JANUARY 3, 2017

The nearly 13-year-old company seeks to develop leading-edge eCommerce experiences for retailers and B2B brands, managing a variety of elements from strategy, to design, development, optimization and operational support. However, in 2009, the recession hit Thinkwrap, like many companies.

Data 126

Data Retail Branding Online 126

PYMNTS

OCTOBER 8, 2019

The move comes after the general manager of that U.S.-based Tencent has been the digital media partner of the NBA in China since 2009. Meanwhile, Amazon and Alibaba have provided training for local merchants in setting up and operating stores as well as extending credit and logistics services to speed up delivery times.

Retail 116

Retail Houston Online Leadership 116

PYMNTS

JULY 20, 2016

“Dell is one of the technology industry’s most aggressive companies at delaying payments to help finance its operations,” reports stated, adding that the company averaged 107-day payment terms in the most recent quarter. That’s more than double what EMC takes to pay suppliers, at an average of 42 days. In the U.S.,

Georgia 100

Georgia Analysis Report Payments 100

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

Jeff For Banks

DECEMBER 13, 2018

The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Thanks to good old growth and balance sheet management which saw their net interest margin expand from 3.49% in 2015 to 3.80% today. The bank operates twelve branches, eleven in California and one in Nevada.

Oregon 101

Oregon Ohio California Community Bank 101

CFPB Monitor

OCTOBER 17, 2022

Many students are being directed to websites where they are presented with account options for receiving Title IV funds by electronic deposit in ways that do not appear to comply with the “student choice” requirements in the cash management rules including that such options be presented in a “neutral manner” so as to avoid steering.

Cards 78

Cards Report Regulation FDIC 78

FICO

MAY 14, 2020

However, I have managed to get hooked on BBC2’s Make Your Home Perfect, which in a roundabout way led me to this quote from architect Frank Lloyd Wright, which I feel is relevant to today’s challenges in collections operations: “The architect must be a prophet…a prophet in the true sense of the term. But that’s not the point.

Operations 52

Operations Management Examples Leadership 52

PYMNTS

NOVEMBER 9, 2020

percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009. Yet FIs are still reluctant to make sweeping changes here, since that would require reordering how they conduct many of their operations, explained Drew Edwards , CEO of Ingo Money in a PYMNTS interview.

Tools 203

Tools Mobile FDIC Examples 203

Gonzobanker

JULY 10, 2020

How do we elevate our credit and operational risk visibility to ensure capital preservation and demonstrate strength to stakeholders? Now that the PPP frenzy is over, get ahead of your next loan opportunity and start managing your portfolios. Risk Management. Where will you see TDRs emerge?

Risk Management 88

Risk Management Capital Strategy social media 88

PYMNTS

NOVEMBER 21, 2018

Algorithms are taking on more of the data and security work for financial institutions (FIs), with technologies such as data mining and business rules management systems (BRMS) finding popularity among banks and credit unions. Data Mining. PYMNTS found that 81.8 percent of financial institutions use AI for banking services, and 72.7

Data 192

Data System Technology Fraud 192