PYMNTS

OCTOBER 1, 2020

online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. AutoStore said Ocado has been a customer since 2012 and alleged that Ocado's automatic storage system is based on the ones AutoStore is already using, according to Reuters.

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PYMNTS

NOVEMBER 22, 2020

Deutsche Bank is looking to acquire firms or enter into joint ventures with other companies in a bid to become a significant player in Europe's digital payments market, the Financial Times reported Sunday (Nov.

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PYMNTS

JANUARY 18, 2021

Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

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PYMNTS

JUNE 17, 2020

million — “for failing to put adequate anti-money laundering (AML) systems and controls in place between October 2012 and September 2017,” Britain’s main bank regulator said in a news release on Wednesday (June 17). The FCA investigation relates to the time period of October 2012 to September 2017.

Regulation 130

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BankUnderground

FEBRUARY 5, 2021

Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. In a recent paper , we propose the use of money market rates to measure transmission of global funding shocks to EMs. Money markets have been shown to play an important role in transmission of global funding conditions.

Marketing 95

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PYMNTS

FEBRUARY 19, 2020

The meal-kit company grew in popularity because of its signing up of new customers in 2012 for kits of ingredients for meals. Part of the problem has been a competitive field, with newer players offering better options and expanding their operations. In an attempt to stave off losses, Blue Apron has cut marketing in recent quarters.

New Jersey 140

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Abrigo

JULY 2, 2019

Today, most of farmers’ cash reserves that were built up in 2012-2014 are at, or nearing, depletion. If that trend continues, operating costs will begin outpacing revenue for many farms, and demand for ag financing will grow for community financial institutions. To download the whitepaper, click here. Challenges for small ag banks.

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PYMNTS

DECEMBER 2, 2020

Grab and Gojek are both powerful players in Southeast Asia’s market for ride-hailing, food delivery and payments. The two entities could also operate independently under their own brand names for an undetermined amount of time, the sources said.

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PYMNTS

NOVEMBER 2, 2020

Ocado is embroiled in a patent lawsuit over robotically operated warehouse technology with AutoStore. That robotics company claims that Ocado, a customer since 2012, is using a storage system based on AutoStore’s setups. Although Ocado only claims 1.7

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PYMNTS

JUNE 22, 2020

nCino, which was founded in 2012, said it will use the proceeds of its stock sale to purchase additional office buildings, and may also use a portion to acquire, invest in or obtain rights to complementary technologies, products, services or businesses. . In its initial public offering (IPO) filing with the U.S.

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PYMNTS

OCTOBER 2, 2019

Founded in 2012, the ride-hailing unicorn – which is valued at over $1 billion – was the premier tech startup in the Middle East and North Africa. Although the startup will be a wholly-owned Uber subsidiary, Careem will continue to operate under its own brand, the news outlet reported. Uber paid $3.1 billion to take ownership.

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PYMNTS

JULY 7, 2020

If approved by the SEC, nCino will be listed on NASDAQ’s Global Select Market under the ticker symbol “NCNO.”. Founded in 2012, nCino has raised $213 million in venture-backed funding, according to Crunchbase, the San Francisco provider of business data about private and public companies. million. . million, $22.3 million and $27.6

Software 140

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PYMNTS

MAY 3, 2020

The lawsuit claims Sidecar, which was formed in 2012 and was the first company to offer ride-sharing practices, was crowded out of the business by Uber’s reportedly aggressive tactics. The lawsuit alleges that Uber began offering low fares for passengers and better incentives for drivers to bust into the market.

San Francisco 174

San Francisco US Innovation Regulation 174

PYMNTS

AUGUST 6, 2019

The new funding will be used to boost the company’s operations, with a focus on global growth. Founded in 2012, Cybereason boasts distribution in all major global markets. It also plans to build the world’s first full stack offering for truly autonomous security, as well as increase investment in its core organic R&D.

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PYMNTS

MARCH 2, 2020

The two main eCommerce players are Copia (which has faster delivery) and Jumia (which has more market share. Tim Steel, its CEO, points to Africa’s 750 million mid- and low-income consumers- who spend $680 billion a year – as its main target market. Both have been helped by the increase in logistics companies across the continent.

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PYMNTS

JANUARY 30, 2019

The mobile market for order-ahead is growing rapidly, and could be worth $55 billion in the next half decade. Panera Bread, in 2012, was one of the first companies to use the feature. If you look at our history, we started the company in 2012 as a consumer app,” Narang said. “We percent processing fee. “If Toast does this,” T.

Mobile 139

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PYMNTS

AUGUST 24, 2020

Corporates cannot expect to weather the economic and social changes taking place by virtue of their market clout and mastery of traditional supply chains and distribution channels. This environment requires enterprise-scale companies to forge new digital paths to market and form more direct relationships with consumers and end-users.

Retail 216

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PYMNTS

MAY 8, 2018

Daraz was founded by Rocket Internet in 2012 and has since expanded across five South Asian markets, including Bangladesh, Myanmar, Sri Lanka, Nepal and, of course, its home country of Pakistan. Altogether, these markets have a population greater than 460 million, more than 60 percent of which is under age 35.

Operations 101

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PYMNTS

APRIL 24, 2019

The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. After two of the country’s biggest booksellers — Saraiva Livreiros SA and Livraria Cultura — filed for bankruptcy protection last year, Magazine Luiza saw room in the market.

Retail 108

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PYMNTS

SEPTEMBER 23, 2020

"Combining Facturama's regional expertise with FreshBooks’ online payments and scaling expertise will accelerate our ability to better serve Mexico’s growing small business and startup market.". Ramirez López and Arochi started Facturama in 2012, and the company was selected as a 500 Startups portfolio firm in 2013.

Regional 130

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PYMNTS

JANUARY 15, 2020

The digital wallet offering is intended to solidify the FinTech’s reach in the Brazilian payments market. Founded in 2012, EBANX originally processed payments for Brazilian clients of global websites and recently expanded to offer services to Brazilian eCommerce platforms.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

DECEMBER 6, 2018

Reuters , citing documents released by British lawmakers, reported that between 2012 and 2015 executives at the social media network operator — including chief executive Mark Zuckerberg — tracked how competitors were growing and then denied some access to user data that was available to other companies.

Data 116

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PYMNTS

JANUARY 8, 2020

The partnership expands upon several years of blockchain investments by Mediaocean, and strives to put end-to-end advertising campaign control back into the hands of marketing firms and ad agencies. With Amino Payments, Mediaocean’s applications will enhance the end-to-end “PO to payment” view of contractual media commitments.

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New York City blockchain Philadelphia New York 130

Bank Innovation

JUNE 21, 2016

Since 2012, it has been the fastest growing technology in banking. That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.

Digital Banking 199

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PYMNTS

NOVEMBER 26, 2019

As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. He added that TAB Bank is embracing the chance to expand in the Dallas-Fort Worth market and are “pleased to welcome BAM’s staff in Dallas to our team.” . The company was recently ranked 121 on the 2019 Inc.

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Jeff For Banks

MARCH 5, 2022

Stock and bond market volatilities are also seeing winter squalls and are sending messages about shifting investor sentiments about risk. in May, 2012, but not near the all-time high of 22.0% if the markets thought inflation would be 7% or higher, yields would already be there. The index is currently at 11.5% in June, 1980.

Marketing 78

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PYMNTS

JANUARY 16, 2017

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to consumers that have been on the National Do Not Call Registry since 2012 or even earlier. In July 2012, in one week alone, the FTC contends the defendants made more than 1.3

Company 100

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PYMNTS

APRIL 16, 2020

Looking ahead, though, I know that transport is a mass-market essential service, so we anticipate it will recover strongly once people start commuting again post lockdown,” he said. . Grab was founded in 2012 by Anthony Tan and Tan Hooi Ling and has r aised $9.9 It measures sales volume over a specified period of time.

Survey 130

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PYMNTS

APRIL 26, 2018

China announced in 2015 that it would open its domestic processing market to outsiders, according to a report from Fox Business. billion bank cards in circulation, with government-owned UnionPay dominating the market with 90 percent market share, according to the Wall Street Journal report. businesses operating in China.

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PYMNTS

JUNE 5, 2020

The Menlo Park, California-based private equity firm said Friday (June 5) it will buy an additional stake worth $600 million in the Indian telecom operator, TechCrunch reported. The company was debt-free in 2012, but took loans to bankroll the creation of Jio Platforms. Silver Lake has upped its ante on India’s Jio Platforms.

California 141

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Independent Banker

JULY 30, 2015

An interview with Chris Lorence, ICBA’s executive vice president and chief marketing officer. Meet ICBA’s Marketing and Communications Contact. Leading a team of marketing and communications experts, he is an outside-the-box thinker who believes strongly in the mission of the organization and the importance of community banks.

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PYMNTS

NOVEMBER 7, 2019

Samir Assaf, HSBC head of global banking and markets, shared the news with other seniors bankers on Tuesday (Nov. According to Stevenson, the bank’s operations in Hong Kong , where the bank is publicly listed, have remained “resilient,” although he noted some deterioration in credit portfolios, particularly among small businesses.

Compliance 101

Compliance Fraud Taxes Regulation 101

PYMNTS

DECEMBER 17, 2018

Careem Now will be separate from Careem’s ride-hailing operation and have its own app and call center. Careem has operated in 120 cities and 15 Middle East countries since its 2012 launch. Careem is in the process of completing an almost $500 million funding round, and the company raised $200 million in October.

Regional 129

Regional US Operations Company 129

PYMNTS

NOVEMBER 8, 2018

A number of prominent voices in Europe — among them Germany’s finance minister — have called for a parallel payments system that would operate, presumably, beyond the scope of U.S. In 2012, SWIFT cut off access to Iranian banks in 2012, upon sanctions levied by the Obama administration. political influence.

United States 203

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Accenture

SEPTEMBER 22, 2019

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?

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

APRIL 30, 2019

The company operates in about a dozen countries, including Spain, Portugal and several in Latin America. Bolt, which focuses on Eastern Europe and African markets, is also thinking about filing for an IPO, according to Founder Markus Villig. When the social media giant went public in 2012, it raised $16 billion.

social media 108

social media America Course Marketing 108

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

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