PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. DN Capital was one of the early backers of Auto1, investing in the company in 2013, just a year after the company founded, Bloomberg noted.

Capital 234

Capital Groups Branding Online 234

PYMNTS

NOVEMBER 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works. The Technology Component.

Online 108

Online How To Payments Mobile 108

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. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112

Online Payments Fraud Cards 112

PYMNTS

AUGUST 13, 2020

Wirecard reportedly provided multimillion-dollar loans to Bauer to operate his two businesses in the Philippines, PayEasy Solutions, an online payment company, and Froehlich Tours, a bus and coach rental company. Bauer and his wife Belinda Bauer owned Pay Easy and Froehlich Tours, according to public filings. . .

Report 157

Report Operations Online Fraud 157

PYMNTS

MAY 19, 2019

Carrefour opened its first supermarket in Beijing in 1995, and now operates stores in more than 70 cities in the country. In addition, the retailer is facing competition from online rivals, especially Amazon. As a result, Carrefour revealed plans last year to expand its eCommerce operations. billion euros ($3.4

Retail 134

Retail Operations Online Report 134

PYMNTS

NOVEMBER 26, 2018

Kering is gearing up to offer its own luxury eCommerce sites within the next two years, ending existing joint-venture efforts and bringing such operations in house, reported Reuters. By 2020, Kering will bring full control of its luxury brands online through its own internal activities, which include building tech teams, said Reuters.

social media 141

social media Branding Online Apple 141

PYMNTS

JANUARY 24, 2020

Founded in 2013, N26 has raised a total of $683 million in financing. In 2019, N26 began operating in the United States. CEO, said in a PYMNTS interview that growth came after N26 evaluated domestic customers’ online banking perceptions and preferences. Nicolas Kopp, the U.S.

United States 193

United States Examples Marketing Fintech 193

PYMNTS

JUNE 25, 2020

Long reportedly operated a third-party payment processing company, V Internet Corp, which worked to create and deposit remotely-created checks (RCCs), which Long maneuvered to have his name on, saying the checks were authorized by the account holder rather than the payee. This lasted for six months during that year, the press release says.

Fraud 167

Fraud Las Vegas Company Texas 167

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

MARCH 26, 2020

Jeffrey Zack, a spokesperson for the company, said there was “no evidence” that the breach had hit the company’s own network, adding that it was “fully operational.” If a victim doesn’t pay, then the stolen files are published online. Zack did not say anything beyond that. In December, it warned companies about the threat.

Security 171

Security Data Training Groups 171

PYMNTS

AUGUST 20, 2019

Restaurant management app Revention is teaming with on-demand logistics platform DoorDash to help restaurateurs streamline delivery operations, Revention said in a press release on Tuesday (Aug. The partnership wants to build out restaurants’ operational efficiencies and eventually include supply fulfillment and last-mile logistics. “The

San Francisco 109

San Francisco Operations US Online 109

PYMNTS

NOVEMBER 8, 2019

Alibaba co-founded Cainiao in 2013 to bring organization to Chinese logistics, especially when it comes to online shopping deliveries. In separate news, Alibaba Group’s logistics operator is partnering with Aviastar-Tu and Pochta Russia to roll out direct China-Russia cargo delivery flights.

Groups 100

Groups Operations Online National 100

PYMNTS

JULY 22, 2019

Once the transaction closes, Reverb will continue to operate as a standalone business. Vibrant two-sided marketplaces are lightning in a bottle — there are only a handful of them operating at scale — and Reverb is one,” said Etsy CEO Josh Silverman in a press release.

Marketing 109

Marketing Community Chicago Operations 109

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

DECEMBER 26, 2019

Lotte, a South Korean conglomerate, is shutting down its Vietnamese online marketplace, lotte.vn, which allows merchants to connect with buyers, according to Deal Street Asia. Lotte’s move isn’t the only such case of larger retailers shying away from eCommerce. The Vietnamese eCommerce market is projected to hit $4.6

Retail 130

Retail Groups Maine Google 130

PYMNTS

APRIL 1, 2019

It has grown at a rapid pace since launching in 2013, and is now the sixth largest hotel operator in the world. The acquisition puts Airbnb in direct competition with online travel website operators such as Expedia, Priceline and Travelocity. OYO has a presence in China, the Philippines, Indonesia and the U.K.

Operations 122

Operations Report Marketing Online 122

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

Regional Analytics Resources Management 130

PYMNTS

SEPTEMBER 4, 2019

North America’s biggest food delivery service was launched in 2013 and operates in more than 4,000 U.S. DoorDash partnered in August with online grocery eCommerce platform Mercato to offer same-day delivery of goods from independent and specialty food stores. cities as well as in Canada. billion in February.

San Francisco 116

San Francisco America Regional Operations 116

PYMNTS

JULY 22, 2019

Once the transaction closes, Reverb will continue to operate as a standalone business. Vibrant two-sided marketplaces are lightning in a bottle — there are only a handful of them operating at scale — and Reverb is one,” said Etsy CEO Josh Silverman in a press release.

Community 100

Community Chicago Operations Retail 100

PYMNTS

MARCH 2, 2020

Other online marketplaces include Sky.Garden, Kilimall, MallforAfrica, My Big Order, Masoko, Ubuy, Shopit, Cheki, MamaMikes and Electro Hub. Jumia , which was founded by two Frenchmen in 2012, operates in 11 African countries, from Morocco to Nigeria and Kenya, and has been referred to as Africa’s version of Amazon.

Maine 157

Maine New York Capital Resources 157

PYMNTS

DECEMBER 11, 2020

It was originally put into place in 2013 but was only intermittently enforced over the next six years, letting many cryptocurrency exchanges continue their KYC-less practices with impunity,” according to the December 2020 AML/KYC Tracker®.

cryptocurrency 219

cryptocurrency Fraud blockchain Security 219

Chris Skinner

FEBRUARY 10, 2017

I would personally prefer to be operated upon by a robotic surgeon with a million successful operations under its belt, rather than a human surgeon who makes a mistake once in 10,000 operations. I blogged about this in 2013 when Tony Sale, Britain’s greatest fraudster, spoke at the Financial Services Club.

Operations 150

Operations Examples Online 150

PYMNTS

AUGUST 29, 2016

26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a report by CoinDesk , a representative of Finland’s customs office said the online drug site was named Valhalla, which has been in operation since Oct.

Online 101

Online National Operations California 101

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. We operate in a dynamic, hyper-competitive sector that has changed dramatically in the past few years and will continue to do so.

New York City 101

New York City New York Philadelphia Online 101

PYMNTS

JUNE 18, 2018

to face newly unsealed charges for his role in the operation. billion empire selling heroin, cocaine and crystal meth online. In October 2013, the marketplace was shut down by the FBI, and Ulbricht was apprehended, arrested and given a sentence of life in prison without parole. Last week, the U.S.

US 116

US Course Operations Community 116

PYMNTS

OCTOBER 21, 2019

21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. “As billion in 2013, representing a 2.10 Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct.

Trends 101

Trends Retail social media Online 101

PYMNTS

FEBRUARY 16, 2018

“We think the presentation by retail experts of ‘either [online] or [offline]’ is a false choice,” Warby Parker CEO Neil Blumenthal told CNBC. “It After Warby Parker was founded online in 2010, the retailer pioneered the strategy of eCommerce retailers opening brick-and-mortar stores. Warby Parker and Bonobos are not exactly unique.

New York 101

New York Retail Online Meeting 101

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. He has run Cloudera since 2013 and took it public in 2017. When the merger was announced in October, it was valued at $5.2

Software 129

Software Maine Company Google 129

PYMNTS

NOVEMBER 15, 2016

In a recent column featured in Forbes , the thinking goes that online retail has managed to disrupt the lives of many a brick-and-mortar retailer. There’s another existential threat here, as online retailers must grapple with other online retailers. Is Overstock an overvalued stock?

Retail 100

Retail Bitcoin Taxes Online 100

PYMNTS

JULY 21, 2017

Working cooperatively, American and European authorities reported yesterday (July 20) that they have shut down two of the largest online black markets — AlphaBay and Hansa Market. Their respective operators have also been arrested. Two men in Germany were arrested as the operators of Hansa (their nationality seems to be unknown).

Marketing 100

Marketing National New York Conference 100

PYMNTS

JANUARY 26, 2017

The transaction itself shows Ant Financial, which operates as an affiliate of Alibaba Group Holding, the eCommerce giant, making inroads into the United States, which has been a goal of the parent company. based business are an extension of the position that Ant Financial’s Alipay maintains as China’s leading online payments conduit.

US 100

US United States Groups Mobile 100

PYMNTS

JANUARY 15, 2020

Retail consumers increasingly expect convenience in every area of life, and banks today want to meet that demand, not just in terms of online and mobile banking, but also their banks’ available range of products.”. Raisin , which is backed by PayPal, was founded in Berlin in 2013 and has raised about $200 million in funding from investors.

Fintech 131

Fintech US Software Retail 131

PYMNTS

SEPTEMBER 18, 2018

The agency said that the person behind the operation, Katrina Moore, “promoted the sale of a variety of financial documents on the website she operated, FakePayStubOnline.com. Its operator, Steven Simmons, had a website called “NoveltyExcuses.com website from 2013 until October 2017, where for $19.95

Taxes 134

Taxes Fraud Operations Security 134

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.”

Fintech 172

Fintech Lending United States Regulation 172

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

JUNE 18, 2019

The company was sold to Criterion Capital less than two years after, and the Birches purchased it for $1 million in 2013. Then it reportedly pivoted again into the organization and operation of streaming tournaments. Through its last pivot, the company attempted streaming services for players of eSports.

social media 108

social media Millennials Video Report 108

PYMNTS

MAY 23, 2016

Discover has launched a new online functionality called Credit Scorecard to keep its users up to date on their latest FICO credit score. The launch of the service, in partnership with Experian, makes the credit card issuer the first company to offer free credit score reporting to its users. Now, we’re extending this benefit to everyone.

Online 100

Online Cards Operations Management 100