PYMNTS

MAY 6, 2019

billion in 2013. Luckin was founded in 2017 and does not operate under a profit; the company warned it will continue to lose money for a while. Other investors in the company include Chinese investment firm Centurium Capital and Joy Capital, along with U.S. money manager BlackRock. billion cups last year from 4.4

Capital 108

Capital Company Operations Management 108

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

MAY 16, 2018

Worse, soon after, the ADP released a report that found FinTech – and that expansive market of alternative trade finance players – has yet to make a meaningful impact on the lack of capital available to global traders. ” Shippers are forced to spend time on manual tasks, such as phone calls, to try to cover the loads that need moved.

Survey 124

Survey Capital Fraud Payments 124

CB Insights

AUGUST 1, 2017

This teardown features annotations & commentary by four Social Capital partners. Thanks to the Social Capital team for updating/confirming their portfolio data on the CB Insights Editor. Social Capital is a VC fund with a focus on healthcare and education. CB Insights Note. Investment syndicates. BEST OF DISRUPTION REPORT.

Capital 34

Capital Software Google Company 34

Jeff For Banks

AUGUST 2, 2021

1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. 4/ @Schornack In June 2013, Flagship Bank Minnesota had $94 million in assets and $62.8 In 2013, we had around $11.5MM in total 1-4 family loans, most of which were not investment properties. Jackie Herman, our COO 2013.

Community Bank 78

Community Bank Community Minnesota Metro 78

PYMNTS

MARCH 21, 2017

To stay competitive, consumer-facing companies need to change the way they operate, said Lior Sion, cofounder and CTO of global enterprise logistics management solutions provider Bringg. We see ourselves as an operating system for deliveries,” Sion said, “a system that solves for everything. Enter Bringg.

System 131

System Operations Management Tools 131

Abrigo

OCTOBER 29, 2014

This metric surged from 2 percent as of June 30, 2013, to 4.4 ” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Liquidity risk management and adequacy of contingency funding plans.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

Independent Banker

OCTOBER 31, 2021

October 2013. December 2013. The standard allowance for loan and lease losses (ALLL) used to account for those losses didn’t offer a timely way to adjust regulatory capital. When they do adopt, it will require a bigger reserve and immediately deplete regulatory capital on day one. April 2011. December 2011. February 2016.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Vintage also owns rent-to-own operation Buddy’s Home Furnishings.

Lending 103

Lending United States America Industry 103

Abrigo

APRIL 1, 2015

McGrane and Hilsenrath also noted that following the push for higher capital cushions, “regulators are now focusing on corporate governance and the role of directors to ensure banks have the right culture and controls to prevent excessive risk taking.” How complex is the bank’s operating model? How is the management of risk overseen?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

CFPB Monitor

APRIL 25, 2022

As in all prior years since the Bureau began accepting debt collection complaints in 2013, the most common complaint in 2021 was about attempts to collect a debt that the consumer claimed was not owed. In 2021, in AMG Capital Management , the U.S.

Report 141

Report Pennsylvania Resources Operations 141

CB Insights

FEBRUARY 27, 2019

The companies on our list operate across industries including healthcare, cybersecurity, transportation, and more. Select Investors: Founders Fund, SoftBank Group, NovaQuest Capital Management. Select Investors: Foundation Capital, Dell Technologies Capital, Sequoia Capital, Microsoft, BMW i Ventures.

Company 76

Company Capital Groups Operations 76

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm.

Community 195

Community Lending Maine Resources 195

PYMNTS

OCTOBER 25, 2019

Now, the fast-growing operation is tapping into one of the growing trends in payments and commerce by offering online financing for its many partners. To get a better handle on what’s going on — and why OYO is embracing hotel financing — PYMNTS recent talked with Abhinav Sinha, chief operating officer and operating partner at OYO USA.

Online 100

Online US Trends Operations 100

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. Rowe Price, Temasek Holdings, and Primavera Capital Group, among others. Wealth Management.

Fintech 78

Fintech Lending Capital Analytics 78

South State Correspondent

MARCH 23, 2022

Closely aligned with customers service, bank management recognized early on during its maturity that it needed a platform ecosystem to drive engagement. Thus, where most banks would focus on a referral program, Nubank ranked the quality of the referee and allocated more capital into acquiring the customer they referred.

Branding 221

Branding social media Strategy Data 221

Independent Banker

JANUARY 31, 2022

approached him about a leadership position in 2013. Traditionally, community banks have supported CDFIs through making charitable contributions, providing loan capital to CDFI loan funds or, at the highest range, making an equity investment in a CDFI. Location: Arkadelphia, Ark. That’s where CDFIs can make a difference. “We

Community Bank 172

Community Bank Community Leadership Arkansas 172

Abrigo

NOVEMBER 2, 2016

Banks operating in oil and gas intensive areas of the U.S. Using data from quarterly Call Reports going back to 2013, analysts compared the performance of “energy-sensitive banks” with that of similar banks that aren’t located in energy-dependent regions. This failure rate is significantly below historical averages, the study noted.

Comparison 150

Comparison Regional Study Risk Management 150

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. A payment method that has managed to capture nearly a quarter of sales over a decade hasn’t done badly.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

JUNE 29, 2018

Though Bluefly was one of the few firms that managed to make it out of the great “ com bust” intact, it struggled to maintain its footing in a digital market that found itself flooded with high-fashion retailers from the web. Grover has been CEO since the sale and latest reset of the Bluefly ambition. “The ”

Retail 100

Retail Branding Mobile Groups 100

PYMNTS

JUNE 10, 2016

Uber had many wonderful years of asking for forgiveness instead of permission and managed to build a worldwide ridesharing empire on the strength of that conviction. Said charter will mean that Circle will face tighter scrutiny but great ease operating on a national scale. Kennedy School of Government.

Regulation 100

Regulation National Austin Fintech 100

CB Insights

OCTOBER 5, 2017

Of these, the United States has taken the largest share of the world’s most valuable private companies, with 127 US-based startups reaching unicorn status since 2013. Since 2013, the share of new unicorns born each year in the United States has consistently dropped, from 75% of all unicorn births in 2013 to less than half (49%) by 2015.

US 59

US United States Capital Company 59

Insights on Business

APRIL 23, 2018

Previously collaborating on projects involving mobile , risk management , or cognitive computing to improve customer service , Citi has not been shy to embrace modern technological advances to improve their business. Since 2013, more than 9 BILLION data records have been lost or stolen, which adds up to almost 3,500 records every minute [1].

Security 87

Security Data Analytics Industry 87

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Nubank’s other investors include Tiger Global, Sequoia Capital, and Goldman Sachs. Innova Capital, Naspers.

Regional 50

Regional America Capital United States 50

CB Insights

NOVEMBER 6, 2018

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: This UK-based company operates data centers in Europe and Asia. Auto1 Group now has operations in more than 30 countries. Global Switch.

Groups 76

Groups Capital Operations Fintech 76

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). The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Oregon Bancorp, Inc.

Oregon 101

Oregon Ohio California Community Bank 101

CB Insights

SEPTEMBER 12, 2017

Both deals and funding to eSports startups have generally trended upward since 2013, though deals did see a small 1.2% Last quarter, Q2’17, eSports startups saw a quarterly deals record of 35 investments worth $873M in disclosed equity funding, the second-highest quarterly funding amount since 2013. dip (from 84 to 83 deals) in 2016.

Trends 40

Trends Phoenix Video Capital 40

PYMNTS

AUGUST 15, 2016

According to statistics from the Association of Financial Professionals, 50 percent of companies were still using paper checks as of 2013. The survey gathered data from 120 respondents, whose titles included “AP manager, controller, chief financial officer, finance executive, accounting director and accountant.”.

Survey 100

Survey Fraud Payments Data 100

PYMNTS

NOVEMBER 16, 2017

Membership could be obtained by spending five dollars on a share of capital stock. It operated out of its first volunteer president’s home for its first five years before moving to a rented office in 1913, later relocating to its own building in 1930. Mary’s will continue to “do what we do” as it looks to stay operational, he added.

Millennials 101

Millennials US New Hampshire Resources 101

Fintech Labs Insights

JULY 1, 2016

BaseVenture helps fund managers and administrators digitize and manage funds holistically. The company was launched by two of the former C-level executives of mFoundry ( FinovateFall 2010 demo ) after selling the mobile banking and payments company to FIS in 2013. ” The company’s flagship product, FundManager.io

Management 15

Management Compliance Industry CA 15

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.”. million Series C financing round led by Foundation Capital and joined by Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners.

Lending 135

Lending Fraud Management San Francisco 135

CB Insights

AUGUST 16, 2017

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. OUTCOME HEALTH. Valuation: $5.5B.

Meeting 68

Meeting US Capital North Carolina 68

PYMNTS

DECEMBER 10, 2016

In one sense, from the point of view of 2013, Laplanche was right to be excited for where Lending Club was headed — it still had some very good times coming up. When all the shares were accounted for, Lending Club’s original IPO managed to pull in more than $1 billion — slightly beating expectations and making it the seventeenth-largest U.S.

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

FEBRUARY 1, 2017

That capital is earmarked toward helping the firm’s balance sheet ahead of new capital rules that go into effect within the next two years. The latest funding round was led by Thrive Capital. FLYR is a data science company that sits at the intersection of travel and financial technology, said Project Manager Andrew Jing.

Industry 100

Industry Data Capital System 100

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. The disruption of asset management.

Management 78

Management Capital Company Marketing 78

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. The assumption was they were going to be better at underwriting the risk of those consumers,” Continental Advisors’ Managing Partner Paul Purcell told PYMNTS in an interview shortly after the news broke. “If Skeptical Rumblings. Party hats?

Lending 100

Lending Capital Compliance Operations 100

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Sigma aims to streamline business operations. Source: Finix.

Online 98

Online Company Retail Payments 98