PYMNTS

DECEMBER 5, 2016

Brian Krebs of Krebs on Security reported that the hacker believed to be behind the attack on the SFMTA was himself hacked over the weekend by an anonymous security researcher. But the world is full of unexpected costs — just ask the team at CAN Capital. So, good news for borrowers — unexpectedly expensive news for taxpayers.

Capital 100

Capital San Francisco Bitcoin United States 100

PYMNTS

DECEMBER 23, 2018

In addition, he will work with investors, clients and regulators on the company’s Security Token Offering, advisory services business and its partnership with BOX Digital Markets to launch the first SEC-regulated exchange for trading security tokens. And the U.S.

Bitcoin 164

Bitcoin Compliance Regulation Security 164

PYMNTS

MAY 30, 2017

Small business software startup Wave announced today (Tuesday, May 30) that it secured $24 million in new funding as it looks to integrate more financial solutions into its offering. The company revealed the funding from an array of backers including National Australia Bank, Royal Bank of Canada, Portag3, and Exhibition Capital.

Capital 123

Capital Software Analysis Innovation 123

PYMNTS

JANUARY 24, 2019

More approvals are coming in China for global banks looking for majority ownership in their local securities ventures, according to a top Chinese regulator. Fang Xinghai, the vice chairman of the China Securities Regulatory Commission (CSRC), said that in the next six months, more licenses will be granted.

New York 156

New York Video Regulation Security 156

PYMNTS

MARCH 27, 2019

Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. Mobvoi was Google’s first direct China investment following the exit of its search engine from the country in 2010.

Google 152

Google Big Data Innovation Apple 152

PYMNTS

FEBRUARY 4, 2019

Metro Bank, a British financial institution launched in 2010, said it was targeted by cybercriminals in a scheme where a vulnerability in text messaging between the bank and customers was used as an attack, according to a report by Reuters. billion) hit to the bank’s levels of capital. The bank said on Monday (Feb.

Metro 122

Metro Fraud Study Capital 122

Chris Skinner

MARCH 15, 2017

Since 2010, 19 new retail and commercial banking licenses have been issued, with at least eight more pending as at January 2017. The regulator has tried to encourage more competition in the sector by implying the process to launch a new bank, a challenger bank. We’re happy being customers’ second bank.

Regulation 291

Regulation Retail Survey Mobile 291

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MAY 2, 2019

RBS sold Worldpay to Advent International and Bain Capital for £2 billion in 2010, in a deal that proved fortuitous for the buyers, as the payments industry has flourished in the past few years. In other NatWest news , the bank recently announced a biometric payment technology for its commercial and business customers.

System 130

System Online Technology Payments 130

PYMNTS

MARCH 5, 2019

Since 2010, we have been committed to bringing fresh, local, and delicious meals into your homes along with all our customers across the country,” the company wrote in the email announcement in January. million in senior secured debt, as well as convertible debt of approximately $23 million.

San Francisco 117

San Francisco Los Angeles Capital Seattle 117

PYMNTS

JULY 20, 2018

In its 10-K filing with the Securities and Exchange Commission (SEC), eBay said it completed the acquisition of Giosis Pte. That funding round also included Saban Capital Group, UVM 2 Venture Investments L.P., Brookside Capital and Oak Investment Partners. In 2015, Giosis landed $82.1

Conference 102

Conference Capital Strategy Groups 102

PYMNTS

JUNE 10, 2019

Basel III regulations, which were agreed upon in 2010 and set to be fully in effect by 2027, imposed stricter capital requirements on financial institutions that some critics argued stifled FIs’ ability to provide loans to small and medium-sized businesses (SMBs). billion short of Basel III capital requirements as of last year.

Lending 100

Lending Capital Regulation Survey 100

PYMNTS

SEPTEMBER 18, 2018

Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. At the peak of the crisis, the delinquency rate was 10 percent in 2010, as underwater mortgages and foreclosures hit the headlines. The median household income in the U.S.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

APRIL 10, 2018

In payments security, the key is the key. Think of it as management by “other duties as assigned,” which is hardly an effective endeavor, as the most important security asset in a firm used to protect information (arguably the most important asset overall) is handled by people who, in some cases, have volunteered to take on the task.

Management 144

Management Security United States Data 144

PYMNTS

JANUARY 12, 2017

Sweden-based iZettle secured new funding from investors, reports said Wednesday (Jan. According to an announcement , the firm raised $63 million from backers in a funding round led by Victory Park Capital and existing supporters. 11), as the company looks to strengthen its position in the SME financial services space.

America 100

America Lending Cards Capital 100

PYMNTS

JUNE 13, 2017

In a press release , the company said the malware was probably involved in the December 2016 cyberattack on Ukraine ’s power grid that prevented part of its capital, Kiev, from getting power for more than an hour. This report on cybersecurity comes as Ukraine is becoming more of a hotbed for cyber criminals. In February, U.S.

New Jersey 100

New Jersey System Industry Fraud 100

Fintech Labs Insights

APRIL 12, 2024

I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

Bussman Advisory

OCTOBER 7, 2023

Since its establishment in 2010 as a challenger to major UK banks, Metro Bank’s shares have dropped nearly 66% since mid-September. This decline was exacerbated when UK regulators denied its request to modify capital requirements calculations for its residential mortgages.

Metro 52

Metro blockchain Cards Samsung 52

Jeff For Banks

DECEMBER 13, 2018

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). They lost $9 million that year, which was 25% of their capital! This, naturally, eliminated many of the smaller, illiquid FIs.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

AUGUST 11, 2020

trillion market capitalization — almost double where it was just two years ago. Wedbush Securities Analyst Daniel Ives offered a resounding yes in a research note on Sunday (Aug. Apple then paired the iPhone with the first version of the Apple App Store in July 2010. Apple stock is trading at about $446 as of Tuesday (Aug.

Apple 120

Apple Video Marketing Mobile 120

BankUnderground

SEPTEMBER 28, 2021

I find that persistent debt booms led financially constrained firms to cut back on investment, across both capital expenditures and intangible assets. I show in the paper ( Albuquerque (2021) ) that financially constrained firms also cut back on intangible assets (investment in employees, brand, and knowledge capital). Main results.

Albuquerque 91

Albuquerque US Maine Policies 91

PYMNTS

SEPTEMBER 26, 2016

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets. Europe and Brazil are still the top three leaders in the space.

Report 100

Report Payments blockchain Security 100

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. In 2010, LendingClub added to its war chest with a $24.5 On Friday (Sept.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

APRIL 4, 2016

We examine the findings from several market reports on small business access to capital, lending, growth and employment. That figure represents a 30 percent increase in borrowing among these SMEs compared to 2010 and a 70 percent increase compared to 2006 figures. Security, as companies depend more on Big Data.

Survey 100

Survey Lending Analysis Management 100

Jeff For Banks

DECEMBER 12, 2015

Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. So I went to the Finovate 2010 Best of Show to see where these firms are now. And I suspect elsewhere.

Fintech 60

Fintech Capital Cards Bitcoin 60

PYMNTS

JANUARY 11, 2017

The biggest announcement came as Magento Commerce, spun out from eBay two years ago, got $250 million from Hillhouse Capital, one of China’s largest investment firms. The new capital will help fund global expansion, with focus, as the name implies, on eCommerce. By 2010, Conversica had developed AVA — the automated virtual assistant.

Capital 100

Capital US Company System 100

Jeff For Banks

SEPTEMBER 13, 2015

He joined COB's board in 2009 after its $310 million recapitalization which was needed from a disastrous slew of losses incurred starting in 2008 as a result of awful credit decisions, leading to a 21% NPA/Asset ratio peak in 2010. Selection: Mitch Englert, EVP of Community Banking, Capital City Bank Group, Inc. billion balance sheet.

Community Bank 60

Community Bank Lending Community Security 60

CB Insights

APRIL 17, 2018

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Below are the detailed profiles of the Top 20 Venture Capital Partners. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. Current Firm: First Round Capital (Founding Partner).

San Francisco 71

San Francisco CA Capital Operations 71

Independent Banker

FEBRUARY 24, 2016

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010. FDIC-insured deposits largely solve this problem for banks.

Community Bank 70

Community Bank Community Lending FDIC 70

Jeff For Banks

DECEMBER 18, 2014

capital appreciation and dividends. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. share at the end of 2010. Please do not claim to invest in any security based on what you read here. Not so over the three years I have been keeping track.

North Dakota 93

North Dakota Arizona Minnesota Los Angeles 93

Jeff For Banks

JUNE 2, 2023

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” And quite frankly, I did not know there were so many tranches to mortgage-backed securities. My lesson learned to the regulators, read your past lessons learned.

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

DECEMBER 10, 2018

Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. Just like 2010, with the launch of ISIS, aka Softcard , and its merchant-friendly mobile payments scheme.

Branding 184

Branding Cards Payments New Jersey 184

FICO

SEPTEMBER 30, 2022

Douglas Blakey is group editor banking and payments at GlobalData and has edited Retail Banker International and Electronic Payments International since 2010. Douglas Blakey, editor, Retail Banker International. Nikhil Behl. Vice President of Worldwide Marketing for FICO.

Meeting 52

Meeting Analytics Management Strategy 52

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. Now that merchants are more responsible for fraud that happens in their stores, he said, “it’s our responsibility to teach them about these tools, like EMV, that can secure them and secure their businesses.

Retail 100

Retail Apple Fraud Online 100

Jeff For Banks

DECEMBER 19, 2015

Total return includes two components: capital appreciation and dividends. Those investors that jumped onboard at the end of 2010 were well rewarded. Investors that got in the stock at the end of 2010 were rewarded with an 862% total return. share at the end of 2010. Their total return was greater than 1,000%.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Jeff For Banks

JUNE 24, 2010

Much of the standoff revolves around real estate secured lending. This preference resulted in real estate assets (including mortgage-backed securities) representing 44.1% of total assets at March 31, 2010 (see link below). dropped 24% from 2007 through the first quarter 2010. Are these more reliable?

Lending 67

Lending FDIC Regulation Regional 67

Jeff For Banks

DECEMBER 7, 2016

No, Kevin had an impact from the moment he joined the Board in 2009, first advocating for raising more capital, and negotiating the merger between Hope's predecessor, Center Bancorp and Nara Bancorp, another Korean-American focused bank. Please do not claim to invest in any security based on what you read here. That's right, 32%.

Community 60

Community Security Strategy Capital 60