PYMNTS

JANUARY 16, 2020

Founded in 2013, the company was formerly called Taxify and rebranded to include additional offerings, like food delivery and scooters. Mobility is one of the areas where Europe will really benefit from a local champion who shares the values of European consumers and regulators,” Villig said. Bolt rolled out in London last June.

Regulation 130

Regulation Capital Examples Innovation 130

PYMNTS

MARCH 18, 2019

A new study by the Organisation for Economic Co-operation and Development (OECD) shows that trading in pirated and counterfeit goods has risen significantly, according to a report in the Financial Times. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013.

Report 124

Report Innovation Study Security 124

PYMNTS

FEBRUARY 6, 2020

Facebook’s 2013 Onavo acquisition is also being probed. The social media giant said it used the app as one of its market intelligence tools and that it notified users of all data collection activities. This information gave Facebook insider information about its competitors.

social media 131

social media Data Software Meeting 131

PYMNTS

JULY 15, 2019

Mark Gjonaj, the head of the city council’s Committee on Small Business, said the “time may have come” for the attorney general to look back into a 2013 settlement that let Grubhub acquire Seamless. This large market size could give it some leverage that other companies don’t have. “If

New York City 101

New York City New York Philadelphia Online 101

Abrigo

FEBRUARY 23, 2023

For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. The result? The result? Worried about complying with the CFPB 1071 rule?

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

SEPTEMBER 25, 2018

The report noted that there is no internationally agreed-upon definition of what that activity might be, but for the confines of the report, it includes “all credit activity facilitated by electronic [online] platforms that are not operated by commercial banks.” China was the largest market, yet volume has declined in recent periods.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

MAY 25, 2016

regulators suggesting that lenders do not finance corporations with an already hefty debt load. financial regulators. “Regulators don’t make our loan decision for us,” said Wells Head of Corporate and Commercial Banking and Treasury Management Perry Pelos. “We have certain processes. ”

Lending 100

Lending Regulation America US 100

PYMNTS

AUGUST 24, 2018

They are the owners of Transact Pro , which operates as a payments processing firm in Latvia. The bank now gets a bit of fashioning, as the Latvian duo now join the board (Chapter 11 allows firms to operate as they restructure their debts). The bank itself? It was in Chapter 11 bankruptcy, as had been declared in November of last year.

Colorado 101

Colorado Leadership Fintech Operations 101

PYMNTS

AUGUST 1, 2016

Instead of operating and competing directly for Chinese riders, Uber is instead taking a minority stake in the firm that essentially out-competed them in China – Didi Chuxing. Uber will take a 20 percent stake in Didi – a Chinese ridesharing operation valued at around $28 billion (as of its last fundraising round).

Regulation 100

Regulation Operations Apple America 100

PYMNTS

JULY 26, 2019

which operates the CASS program, reported that 17,687 small businesses change their banks in Q2. The bank switching scheme first launched in 2013 to promote banking competition and is part of a range of regulatory efforts to strengthen the financial services market. Chief Operating Officer Matthew Hunt in a statement.

Policies 108

Policies Operations Trends Report 108

PYMNTS

JANUARY 28, 2019

Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. The card networks left it up to the states to decide whether or not to allow its operating merchants to do so. And then regulators are forced to backtrack. Because when they do, consumers can get hurt.

Regulation 181

Regulation Boston Cards Innovation 181

BankUnderground

NOVEMBER 27, 2020

In a recent paper , we shed new light on the consequences of this type of regulation by examining the recent UK ‘ring-fencing’ legislation. Our results indicate that ring-fencing encourages UK banks subject to the reform to rebalance their activities towards retail lending and away from capital markets.

Lending 111

Lending Retail Groups Maine 111

CFPB Monitor

JULY 10, 2020

The CFPB has issued a ratification of “the large majority of its existing regulations” and certain other regulatory actions taken from January 4, 2012 through June 30, 2020 (Ratified Actions). Consumer information publications issued under Regulation X and Regulation Z. In January 2013, the D.C.

Regulation 78

Regulation National Marketing Operations 78

CFPB Monitor

APRIL 25, 2022

The report incorporates information from the FTC’s most recent annual letter to the CFPB describing its 2021 activities in the debt collection market, including information about the FTC’s enforcement actions involving collection practices directed at small businesses. FTC annual update.

Report 141

Report Pennsylvania Resources Operations 141

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. This metric surged from 2 percent as of June 30, 2013, to 4.4

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

Abrigo

APRIL 1, 2015

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators. How complex is the bank’s operating model?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

SEPTEMBER 11, 2019

As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. Circling back to the U.K.,

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

SEPTEMBER 15, 2017

Diehards, however, are still crying “ hodl ” — the cryptocurrency community’s rallying cry, inspired by an enthusiastic misspelling of “hold” in a 2013 Reddit thread. Dimon said he would fire any JPMorgan employee found to be speculating in that market. Last week, Chinese regulators went one step further and banned ICOs.

Bitcoin 177

Bitcoin cryptocurrency blockchain Regulation 177

PYMNTS

JULY 3, 2018

She eventually sued Bird for libel in 2013 — but not Yelp — and won a default judgement in 2014, winning $550,000 in damages. The court ruling serves to protects the 1996 law, which is intended to promote online discourse and industry self-regulation,” Chief Justice Tani Cantil-Sakauye said in the ruling. A colleague disagreed.

Online 104

Online California social media San Francisco 104

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. However, it had a great group of employees and was in a market that I knew very well. 4/ @Schornack In June 2013, Flagship Bank Minnesota had $94 million in assets and $62.8 Jackie Herman, our COO 2013. million in loans.

Community Bank 78

Community Bank Community Minnesota Metro 78

CFPB Monitor

JULY 7, 2022

The white paper concludes as follows: The CFPB’s action has tremendous implications for consumers, banks, and for financial markets at large. A member of Congress can request a GAO opinion on whether the CFPB’s actions are a rule, which can trigger CRA review. Supreme Court’s decision on June 30, 2022 in West Virginia v.

Groups 145

Groups West Virginia Policies Virginia 145

PYMNTS

SEPTEMBER 4, 2018

According to the Financial Times , complaints against Wonga’s lending practices, logged with regulators, were up 80 percent since that emergency injection. That was the same year that the regulator officially moved to cap payday loan interest rates and ban rollover loans. for that loan. It was required to pay £2.6

Lending 100

Lending Regulation Capital Report 100

PYMNTS

JULY 12, 2018

and around the world, it seems the Japanese market is dropping from a place of prominence. Walmart has been operating in Japan for the last 16 years — a time described as “tumultuous” by the Financial Times ( FT ). The Japanese market for mass merchandisers fell 6 percent in retail value to ¥6.7

eBook 100

eBook Retail Marketing Report 100

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Amazon is reportedly pushing for safety approval on its drone designs in addition to precise operating rules.

Retail 151

Retail Technology Survey Course 151

PYMNTS

JANUARY 23, 2017

With WFM shares down by more than half since their peak in 2013, some investors might be pining for the good, old days of growth — though relative stability is certainly nothing to balk at. Recently, the Agricultural Marketing Service (AMS), a division of the U.S. These farms have five years to alter their operations.

Ohio 100

Ohio National Regulation Mobile 100

PYMNTS

JANUARY 16, 2017

The FTC said the leaders of the illegal operations, Justin Ramsey and Aaron Michael (“Mike”) Jones, had been sued by state attorneys general for telemarketing violations in the past. According to the FTC, the defendants made millions of robocalls during 2012 and 2013 from the DNC Registry.

Company 100

Company National Operations Marketing 100

PYMNTS

SEPTEMBER 23, 2016

Korean Air’s board of directors approved a 60 billion won ($54 million) loan to Hanjin in an effort to help it continue daily operations. the Las Vegas-based gambling giant that owns and operates over 50 hotels and casinos around the world, has offered to boost its bankruptcy contribution by more than $1.2 and is saddled with $5.37

Las Vegas 100

Las Vegas Delaware Chicago New York 100

PYMNTS

APRIL 12, 2016

Instead, it will wipe out those companies that were only seeking a policy loophole and operating in a gray zone.”. Under the new regulations, consumers will have up to $309 worth of goods from a foreign eCommerce site on which they will simply be charged a flat tax of 12.9

Taxes 100

Taxes Policies Metro Retail 100

PYMNTS

NOVEMBER 13, 2018

In addition, the deployment of 5G will support the growth of the telemedicine market, which, according to a Market Research Future report, will grow at a compound annual growth rate (CAGR) of 16.5 percent until 2013. More capability for efficient data transmission over 5G networks promises to benefit the market for wearables.

Payments 158

Payments Mobile Technology User Experience 158

PYMNTS

MARCH 1, 2018

By shifting some of its iCloud operations to the Chinese mainland, Apple ’s latest corporate actions have raised eyebrows and debate around data privacy. Thus a debate, written in the (i)cloud: Comply or cede the market — and, in this case, the Chinese market is, of course, an attractive one based on sheer user numbers.

Data 100

Data Apple User Experience Big Data 100

PYMNTS

MAY 16, 2017

Historically, technology and automation innovation in the restaurant space have focused on the front of the house, especially in the realm of order management, said Miguel Ortiz, director of marketing for restaurant solutions at technology and printing solutions company TransAct. Managers could update menu items via USB.

Data 103

Data Management Software Technology 103

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks without access did not shore up their finances by borrowing on the interbank market, but curtailed their lending instead. Balance sheet adjustments.

Lending 71

Lending Study Marketing Capital 71

PYMNTS

JUNE 27, 2019

Founded in 2013, Nubank currently claims 8.5 Meanwhile, while Brazilians aren’t widely banked, they have reliable phone services in one of the world’s fastest growing markets for mobile, and Nubank ’s no-fee credit cards can be used with just a smartphone. SoftBank declined to comment.

blockchain 147

blockchain Payments Regional America 147

Independent Banker

MAY 24, 2016

These organizations argue that the rural economy has already experienced a 56 percent drop in farm income since prices peaked in 2013, and the Congressional Budget Office is forecasting that crop insurance will be $6 billion under budget through 2023. Ongoing concerns. farm exports while reducing incomes and causing farmland values to recede.

Community Bank 70

Community Bank Kansas City Community Iowa 70

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. In 2013, new limits were set on the amount merchants were legally allowed to charge customers for paying by credit or debit card, and come 2018, that amount will be slashed to zero.

Online 112

Online Payments Fraud Cards 112

CFPB Monitor

NOVEMBER 24, 2014

million new and used motor vehicle retail installment contracts originated during 2012 and 2013. The study’s other key findings were the following: When appropriately considering the relevant market complexities and adjusting for proxy bias and error, the observed variations in dealer reserve are largely explained.

Study 68

Study Analysis Regulation Analytics 68

PYMNTS

NOVEMBER 16, 2017

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 has since occupied the same site, constructing a new building in 1970 and replacing that structure with its current headquarters in 2013. For its part, St.

Millennials 101

Millennials US New Hampshire Resources 101