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nCino To Go Public

PYMNTS

Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. BofA Securities and Barclays are the managers for the proposed offering.

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Ten Years Of Payments Innovation And Reinvention

PYMNTS

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted.

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers?

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A history of ATM innovation

NCR

An easy-to-operate self-service terminal that allowed financial institutions to offer services 24/7. There are now more than three million ATMs operational around the world. Once the ATM was an established and familiar part of the banking system, the next frontier of innovation was usability. Improvements in usability.

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Payworks Raises $14.5M To Grow POS Technology

PYMNTS

Founded in 2012, Payworks offers a variety of omnichannel payment providers a next-generation payment gateway technology, operated in the cloud and provided in a Software-as-a-Service model. Payworks announced that it has completed a $14.5M

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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

The access is exclusive to Caesars locations across select states where the company operates casino properties. ” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., and Australia. . and Australia.

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Carl Icahn Bets On Mall Owners Defaulting On Debt

PYMNTS

There are more than $10 billion of potential profits at stake on the direction of an index called CMBX 6, which tracks the value of 25 commercial-mortgage-backed securities (CMBS), including mall debt. Retail malls have also been looking at innovative ways to lease out their space.