PYMNTS

DECEMBER 26, 2019

Lotte started its eCommerce arm in 2016, allocating $25 million with an eye toward gaining 20 percent market share within three years. Last week, Vietnamese group Vingroup announced a plan to shut down its eCommerce site Adayroi.com, which it formed in 2013, and merge its ePayment business side with its FinTech arm, VinID.

Retail 130

Retail Groups Maine Google 130

CB Insights

OCTOBER 12, 2018

According to the company’s Q2’18 filing , AWS accounted for 55% of its quarterly operating profit even though it only generated 12% of quarterly net sales. If AWS were to become its own independent business, it would be the fifth largest enterprise technology business in the world by revenue.

Technology 58

Technology Google Survey Marketing 58

PYMNTS

JANUARY 21, 2020

After a ruling by a location regulator that the firm wasn’t fairly engaged in competition, Uber Technologies Inc. Uber has come across strong resistance from taxi drivers after selecting Bogota as its inaugural South American operation in 2013.

Regulation 130

Regulation Taxes America Policies 130

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101

Industry Technology Online Video 101

PYMNTS

FEBRUARY 18, 2019

The global insurance technology ( InsurTech ) market is slated to become a $1.1 billion industry by 2023, analysts have predicted, with growing analytics and artificial intelligence (AI) functionality accelerating innovation in the insurance market.

Study 191

Study Industry Operations Innovation 191

PYMNTS

OCTOBER 21, 2020

The company said the new funding will “provide capital, as well as access to KKR’s operational resources and global network.” RVshare said it aims to connect “travelers looking to experience RV travel with RV owners interested in turning their RV into a second source of income.”.

Ohio 150

Ohio Capital Resources America 150

PYMNTS

MARCH 16, 2018

Thankfully, today’s parking kiosks have moved beyond coin-operated solutions to accept dollar bills, credit and debit cards, mobile wallet and mobile app payments. In 2013, the U.S. Meanwhile, the next stage of parking kiosk technology appears to be underway in Spain. percent of the total kiosk market in 2016.

Data 125

Data Mobile Report Technology 125

PYMNTS

OCTOBER 2, 2019

He is accused of setting up and operating Darkode, a black marketplace that operated between 2008 and 2013, as well as creating and deploying Mariposa, one of the largest botnets. Hard Fork reported that Matjaz Skorjanc, the co-founder of NiceHash, was reportedly taken into custody on Monday (Sept.

blockchain 145

blockchain Security Bitcoin United States 145

PYMNTS

JANUARY 27, 2020

Teaming up with blockchain mobile ticketing platform TIXnGO , the move follows “a successful trial of the technology during the 2019 season,” Cointelegraph said. Meanwhile, lawmakers from Japan’s ruling party are pondering what it could mean to come up with its own electronic money. AT&T says a lawsuit over a $1.8

blockchain 142

blockchain Mobile Bitcoin cryptocurrency 142

PYMNTS

JANUARY 15, 2020

deposits market, and that they have gotten positive feedback that “affirms how ripe the savings space is for just this type of personalization.”. An essential part of Raisin ’s strategy in delivering value to our customers and our partner banks is identifying the needs of each market we enter. It has brokered 13 billion euros ($14.5

Fintech 131

Fintech US Software Retail 131

PYMNTS

MAY 30, 2019

As 5G deployments start, the people who run hospitals and medical offices, along with companies that supply healthcare devices and payment services, are starting to figure out what the quicker speed and other features of the new mobile network technology will do for them. percent until 2013. 5G and Hospitals.

Innovation 163

Innovation Payments Trends Technology 163

PYMNTS

JANUARY 3, 2019

Both companies were rivals vying for market dominance and hemorrhaging cash as they tried to attract businesses and outdo each other, but now they can focus on taking on the online giant itself. Stock prices dropped in the fourth quarter during a market sell-off. He has run Cloudera since 2013 and took it public in 2017.

Software 129

Software Maine Company Google 129

PYMNTS

JANUARY 16, 2020

Uber rival Bolt has closed a €50 million funding deal from the European Investment Bank (EIB) to help the startup scale throughout Europe and improve its technology, according to reports on Thursday (Jan. Founded in 2013, the company was formerly called Taxify and rebranded to include additional offerings, like food delivery and scooters.

Regulation 130

Regulation Capital Examples Innovation 130

PYMNTS

MAY 23, 2017

Ford Motor has appointed a new Chief Executive for the automaker who has little experience in the auto industry or the technology market , both of which are putting pressure on the company. Fields had come under attack from Wall Street for being too slow to embrace self-driving cars and other automotive technology advances.

Groups 115

Groups Mobile Conference Report 115

PYMNTS

SEPTEMBER 24, 2018

Banco Monex has already distinguished itself as the Mexican leader in cross-border payments by being at the forefront of payment technology adoption,” Alfred Nader, vice president of Western Union Business Solutions for the Latin America and Caribbean region, said in the announcement.

Cards 138

Cards Analytics Mobile ATM 138

PYMNTS

MAY 11, 2018

Modern vending machines have come a long way since the first coin-operated machines were introduced in the 1880s. Between now and 2021, the American interactive kiosks market is projected to grow by an annual rate of 7.2 Between 2013 and 2016, the food and beverage segment of the kiosk market’s revenue increased by 8.4

Data 125

Data Seattle Report Retail 125

PYMNTS

JULY 9, 2019

However, that is not the case with Farmhouse Market, a cashierless store in New Prague, Minnesota, population roughly 8,000. We looked to technology to assist us,” she said. And as with Farmhouse Market, these new offerings often operate at intersection of tech and health. It’s starting to see traction again.

Retail 180

Retail Houston Minnesota Austin 180

PYMNTS

OCTOBER 25, 2019

billion in new funding, expanding to new markets and getting into new areas — most recently, coworking spaces. 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. market share as this new decade looms.

Online 100

Online US Trends Operations 100

PYMNTS

MAY 2, 2017

billion in what is being billed as the largest round of funding for a technology company. According to a report in Bloomberg News , the funding will be used for expansion beyond China and for driverless technology. Didi Chuxing, the Chinese ride-hailing company, has raised greater than $5.5 and an arm of Bank of Communications Co.

America 100

America Marketing Groups Technology 100

PYMNTS

MARCH 23, 2017

based, female-led, or “FemTech,” technology startup that develops smarter technology for women’s health and lifestyle. Our mission is to become the leader in femtech by improving the health and wellness of women everywhere and at all stages of their life through smarter technology,” said Tania Boler, cofounder and CEO of Elvie.

Exercises 100

Exercises Regional America Technology 100

PYMNTS

NOVEMBER 16, 2018

A press release issued this week said that BNB Bank, a community bank operating across the New York and Long Island metropolitan area, will integrate PayNet technology to enhance its underwriting process for small business loans. “Now, small businesses are stepping in to get a piece of the pie.”

Community Bank 134

Community Bank Community Lending Analysis 134

PYMNTS

NOVEMBER 12, 2018

That is close to four times more than the $550,000 median back in 2013. Startups that are operating in red-hot sectors and companies run by seasoned entrepreneurs are raising between $30 million and $40 million before they even start operating, noted the report. million in the same period.

Company 143

Company Montana Report Operations 143

PYMNTS

JANUARY 17, 2019

Today Fairway operates 15 stores in the New York, New Jersey, Connecticut tri-state area, as well as four liquor stores. And while the firm is avidly embracing reinvention as what it has always done, it is worth noting that reinvention is something that Fairway Market has needed in recent years.

Mobile 130

Mobile New York New Jersey Connecticut 130

Abrigo

MAY 5, 2022

or largely focused on the domestic banking market. If you have an interesting podcast to share, please send it to marketing@abrigo.com. So far, episode topics include cover loan pricing in a rising-rate environment, cannabis-related banking , and technology implementation. Check them all out in our Knowledge Center.

Community 195

Community Lending Maine Resources 195

PYMNTS

NOVEMBER 13, 2018

As the world — and the world of payment and commerce — ready themselves for the deployment of 5G mobile technology, the healthcare industry is anticipating the likely changes, some of which will involve wearables and billing. percent until 2013. percent until 2013. retailers, according to Adobe Digital Insights. 5G Healthcare.

Payments 158

Payments Mobile Technology User Experience 158

PYMNTS

SEPTEMBER 25, 2018

A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent technological platforms, boons and risks are afoot. Beyond that, volume has exploded, with $284 billion extended in 2016 compared to $11 billion in 2013.

Fintech 172

Fintech Lending United States Regulation 172

CB Insights

MAY 8, 2018

See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. ICOs are expensive, and often incur legal, marketing, and advisory expenses. In early May, Goldman Sachs announced that it’s opening a bitcoin trading operation. Another company operating in this sphere is Polymath.

blockchain 75

blockchain Trends Technology cryptocurrency 75

PYMNTS

APRIL 19, 2017

When PYMNTS first encountered PayRange CEO Paresh Patel at Innovation Project 2013 , he was leading a tiny startup with a big goal: to bring vending into the digital age. Interesting technology, but who cares about vending? With vending], we can take an inordinate amount of cash out of the market — and we love that,” DeVita said. “It

Retail 119

Retail Operations Payments Marketing 119

Accenture

SEPTEMBER 30, 2019

Subway has rebuilt its operating model to continuously run tests on customer experiences to optimise the journey of purchasing a sandwich.¹ Subway has rebuilt its operating model to continuously run tests on customer experiences to optimise the journey of purchasing a sandwich.¹ Marketing in every industry is evolving, fast.

Data 150

Data Customer Experience Analytics Case Study 150

PYMNTS

OCTOBER 17, 2017

Grubhub absorbed 27 of OrderUp’s markets, including Baltimore itself, reported The Baltimore Business Journal. OrderUp does, however, continue to operate in 11 markets, which license the platform’s technology and mobile app, though they may not be doing business under its name.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

MARCH 1, 2018

Enter Car Next Door , a Turo -like car share service that connects car owners and would-be borrowers, founded in 2013. “At But then Airbnb and Uber entered the market, which made the concept of Car Next Door a bit more palatable. The Technology. The company has a patent pending for the technology. It also raised $2.5

Technology 100

Technology Company Examples Marketing 100

South State Correspondent

MARCH 23, 2022

In 2021, Nubank spent around 4% of revenue, according to their financials, in marketing which is materially below the 7% target for most banks. Instead of marketing, the Bank strategically focuses on two areas – product development and customer service. However, the above is the same strategy they have had since their founding in 2013.

Branding 221

Branding social media Strategy Data 221

Gonzobanker

OCTOBER 12, 2022

Less than 10 years old, the Brazil-based digital bank counts 70 million clients across its three operating countries ( source ). The largest fintech bank in Latin America, this master of digital marketing – known for creating cool products with strong organic growth – continues its massive expansion in Mexico and Colombia. Olé Olé Olé.

Fintech 97

Fintech United States Chicago Mobile 97

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

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. Just last week, Deloitte found that in 2016 alone, nearly 27,000 new blockchain projects surfaced on the market. Today, only 8 percent of them remain active. Reports said the filing, dated Nov.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

FEBRUARY 14, 2019

The company reportedly operates 30 inspection stations across Jakarta — the country’s capital — and that new funding could help pay for an expanded presence in other parts of Indonesia. Higher interest rates and a bevy of new cars coming off lease stand to push more customers into the used market in 2019,” according to CNBC.

Capital 117

Capital Online Report Maine 117

PYMNTS

MAY 16, 2018

Trade finance has evolved into an expansive market that combines supply chain finance, invoice finance and factoring, reverse factoring and a slew of other products – all aimed at ensuring that cash flows more easily through supply chains. factoring market at about $230 million. trillion trade finance gap in existence today.

Survey 124

Survey Capital Fraud Payments 124