Payments Dive

FEBRUARY 8, 2018

As the technology behind payments becomes more advanced and readily available, so too are the possibilities for fraud. The Federal Trade Commission’s online database of consumer complaints reports 13 million complaints from 2012-2016, 42% of which were fraud related, and 13%, identity theft complaints.

Payments 170

Payments Fraud Online Technology 170

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

Digital Banking Mobile Technology Operations 199

CB Insights

JANUARY 8, 2019

QR codes are a versatile technology that merge the physical and digital world — essentially creating digital hyperlinks in the physical world. Although QR codes are not a new technology — the highest number of granted patents were filed in 2012 — adoption as a form of payment continues to intensify around the world.

Technology 57

Technology Payments 57

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.

Online 234

Online Florida Retail Course 234

PYMNTS

FEBRUARY 21, 2020

Adore Me has built a solid eCommerce presence with the help of technology and a hyper customer focus, as the lingerie industry increasingly goes omnichannel. Data: 2012: The year Adore Me was founded. The company’s inventory and pricing are meant to be inclusive instead of narrowly focused on affordability or plus sizes.

National 141

National Data Retail Industry 141

PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

Technology 101

Technology San Francisco Fintech Financial Technology 101

Bank Innovation

SEPTEMBER 15, 2016

Ripple, the enterprise blockchain startup, today announced that it raised $55 million in Series B funding to accelerate customer adoption of its technology. million since its launch in 2012, according to Crunchbase. “I That brings Ripple’s total funding to $93.6 I think there’s Read More.

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blockchain Technology Online Payments 150

Bank Innovation

FEBRUARY 25, 2016

The technology running GoBank, partially inherited from the Sam Altman-led startup Loopt, acquired by Green Dot in 2012, now underlies the entire Green Dot Read More. GoBank … that’s that mobile bank account from Green Dot, right? The unprofitable offspring of the industry-leading prepaid card?

Cards 150

Cards Mobile Industry Technology 150

Chris Skinner

APRIL 13, 2017

It feels nearer, but when a group of experts on Artificial General Intelligence were asked this question in 2012, their view was that it would not be achieved until 2040. As you can see, the idea – and sexism – hasn’t changed much in that time. The question here being: When will achieve the Singularity?

Technology 283

Technology Software Groups Innovation 283

PYMNTS

APRIL 6, 2020

Siri is getting an assistant by way of the artificial intelligence startup Voysis , which Apple acquired to improve natural language technology, according to a Bloomberg report on Friday (April 3). . Voysis was founded in 2012 by Peter Cahill and Noel Ruane and has had two funding rounds totaling $8 million.

Apple 160

Apple Boston Software Training 160

Bobsguide

OCTOBER 19, 2017

Five years ago in the ever so tech primitive 2012, you either managed Big Data or Fast Data. There was a compromise and trade-off between the two, it was simply impossible to compute vast amounts of data in a reasonably responsive way and a real headache for data solution providers.

Big Data 79

Big Data Data Meeting Technology 79

Chris Skinner

MAY 2, 2017

RBS, which paid a record fine to regulators for a big systems outage in 2012, hoped to solve its problems by replacing its core processing engine at a cost of £750 million but, in a recent interview, CEO Ross McEwan conceded there was still a big job to reduce the number of systems and applications at RBS from more than 3,000.

System 286

System Survey Software Fintech 286

PYMNTS

NOVEMBER 10, 2020

SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. Over 3 million merchants use its technology and more than 7,000 firms join the platform daily, according to the statement. .

Fintech 245

Fintech Regulation Cards Google 245

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

Las Vegas 222

Las Vegas Online Company San Francisco 222

PYMNTS

FEBRUARY 20, 2020

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. Since it was founded in 2012, the company has grown to a team of 140 employees across the U.S.

UX 210

UX Retail Technology Mobile 210

PYMNTS

APRIL 8, 2020

Based in Boston, Toast provides POS technology that helps eateries maneuver from dine-in to takeout. Founded in 2012, Toast helps new and upscale restaurants update their technology. But the company said it “took a huge revenue hit” when eateries shuttered. They decided to provide the package at no charge for three months. .

Boston 213

Boston Community Software Technology 213

PYMNTS

JUNE 9, 2020

” In 2012, Congress passed 6409(a) of the Spectrum Act, which streamlines the rules for how wireless tech can be modified, allowing 60 days for the approval of any request to modify a structure to put the technology in, so long as the modifications don’t substantially change the structure. .”

Survey 203

Survey Community Technology Data 203

PYMNTS

DECEMBER 23, 2016

from 2012 to 2015. noncash payments totaled 144 billion in 2015, with a value of close to $178 trillion, up almost $17 trillion since 2012. percent by value from 2012 to 2015. billion from 2012 to 2015, with non-prepaid debit card payments leading the way, growing 12.4 trillion, since 2012. trillion, since 2012.

Cards 100

Cards Payments US United States 100

PYMNTS

DECEMBER 10, 2020

identities took center stage in 2012 — the year HSBC, Europe?s The Financial Industry Regulatory Authority, a private corporation that acts as a self-regulatory organization, adopted new KYC rules in 2012 requiring its broker members to use “reasonable diligence” to open and maintain every account. The London-based bank?s

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

NOVEMBER 24, 2020

“Both Plaid and Jack Henry care deeply about building superior technological solutions for financial institutions.”. Plaid was launched by William Hockey and Zach Perret in 2012 and is headquartered in San Francisco. .

Fintech 198

Fintech San Francisco Community Bank Regional 198

PYMNTS

MAY 3, 2020

A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to Reuters. The lawsuit by SC Innovations, Sidecar’s successor, has been allowed to go forward by Judge Joseph Spero in San Francisco.

San Francisco 174

San Francisco US Innovation Regulation 174

PYMNTS

MARCH 29, 2020

European open banking platform Tink will now have more room to expand with the acquisition of Eurobits , which works in account aggregation technology, according to a press release. Tink was formed in 2012. Tink received 90 million euros ($100.1 The company bought Eurobits for 15.5 million euros ($17.2

America 241

America National Company Innovation 241

PYMNTS

OCTOBER 19, 2018

As reported by the Federal Reserve Payments study this week, the value of noncash fraud has gone up between 2012 to 2015, and the measure along that time frame grew by 37 percent to $8.3 The data, said the Fed, came from surveys of depository institutions in 2012 and 2015, and payment card networks in 2015 and 2016. 36 in 2012.

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Fraud blockchain Cards Payments 152

PYMNTS

MARCH 19, 2019

Meanwhile, it’s becoming clear that when it comes to banks trying to gain an edge in this increasingly mobile and digital world, technology doesn’t always function as a silver bullet. Data: March 19, 2012: Expected rollout date for a third Same-Day ACH (SDA) processing window. Speaking of faster payments: Does the U.S.

Data 124

Data Payments Fraud Branding 124

PYMNTS

OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. Other technology giants including Google , Amazon and Apple are also facing probes. There is no ‘it’s too hard’ defense,’” Wu told WSJ.

social media 291

social media Austin Chicago User Experience 291

Payments Source

DECEMBER 20, 2019

The San Francisco-based Ripple, which launched in 2012, will use the funding to add personnel to its global organization and enrich its services that power payments using blockchain technology with its XRP platform.

San Francisco 63

San Francisco blockchain Payments Technology 63

PYMNTS

JANUARY 30, 2019

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 “As we look at… what Starbucks has done with their app, we also see the growth of takeout as a trend and on opportunity,” said Aman Narang, a co-founder of Toast.

Mobile 139

Mobile Apple Management Trends 139

PYMNTS

JANUARY 17, 2020

In 2012, Facebook stopped giving certain companies access, while granting it to others. In other Facebook news , the company is enthusiastic about augmented reality (AR) technology, as CEO Mark Zuckerberg thinks it can help with social problems. He hinted that there would be a big breakthrough in AR in the next decade.

social media 131

social media California Maine Mobile 131

PYMNTS

MAY 7, 2020

Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. Deliv is in the process of completing a deal to sell technology assets to Target and Deliv’s CEO along with a subset of the team will be moving over to Target. the network reported.

Google 177

Google Survey Capital California 177

PYMNTS

NOVEMBER 11, 2020

SumUp has been active in Ireland as of 2012 and has introduced digital payments to thousands of companies. More than 3 million retailers harness its technology. The new license from Ireland’s financial services watchdog will let it provide its services throughout 26 European nations.

Philadelphia 165

Philadelphia Fintech National Payments 165

Chris Skinner

JULY 3, 2017

Here are the key highlights: Over the past five years customers’ activity on banking apps rocketed by 354%, with apps now an increasingly popular way to access current accounts rising from 21% of access in 2012 to 61% by the start of 2017.

Mobile 286

Mobile Cards Video Management 286

Bank Innovation

OCTOBER 20, 2016

Financing for blockchain and bitcoin startups slid 16% in the first nine months of 2016 to $429 million, putting the sector on pace for its first annual drop since 2012, CB Insights reported. Deal activity fell 7% to 92 equity financings. CB Insights first began reporting on blockchain and bitcoin Read More.

Bitcoin 150

Bitcoin blockchain Report Capital 150

PYMNTS

JUNE 5, 2020

The latest deal with Silver Lake, a technology investor with more than $43 billion in combined assets under management, comes on the heels of investments by Facebook, which got a 10 percent stake for $5.7 The company was debt-free in 2012, but took loans to bankroll the creation of Jio Platforms.

California 141

California Report Management Groups 141

Bank Innovation

OCTOBER 27, 2016

MintChip was developed by the Royal Canadian Mint in 2012 and shuttered in 2014. Toronto-based payments platform nanoPay announced yesterday that it has raised $10 million in a Series A round in order to expand its business and offerings, most notably its open API platform, MintChip. In January 2016, the project was Read More.

Payments 150

Payments Online Mobile Technology 150

PYMNTS

NOVEMBER 20, 2019

Amazon Go technology is being tested in a 10,400-square-foot space in Seattle’s Capitol Hill neighborhood, a source told Bloomberg. An Amazon Go grocery store initiative has been underway since 2012, and some $1 billion in salaries have gone to people working on the project, the source said. locations.

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Seattle New York Software Retail 100

PYMNTS

JUNE 18, 2018

And when music streaming startup Spotify Technology went public in April, Goldman Sachs held a stake worth more than $350 million — a sevenfold return on a 2012 investment. Sources said that recent investments include Ripple Foods , which makes milk from peas, and credit card startup Marqeta.

Video 100

Video Online Examples Capital 100

PYMNTS

FEBRUARY 10, 2020

Thiel has been steadily selling his Facebook shares over the past few years, and he sold most of them in 2012. billion, which includes his stake in Palantir Technologies , a data analytics company. He has 9,948 left. Thiel is worth about $3.4

social media 130

social media Analytics Strategy Capital 130