PYMNTS

DECEMBER 8, 2017

A $10 million Series B funding round for India-based corporate expense management company Happay was announced this week, reports in VCCircle said, with backers from Sequoia Capital leading the investment. secured $40 million in Series C funding, reports this week said. Artificial Intelligence. California-based H2O.ai

Bitcoin 139

Bitcoin Analytics Payments Capital 139

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). I will update with milestones from 2014 to today and publish next month. Note: These are the rankings from 10 years ago. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

MARCH 1, 2016

seeing the greatest value of investments — with China and Germany also securing massive deals, too. Overall, 2015 venture capital investment levels dipped compared to 2014, though only slightly compared to the fraction of investment seen just three and four years ago. Corporate Venture Capital. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

AUGUST 2, 2019

In this latest edition of the PYMNTS Weekender, coverage includes the latest on the Apple credit card , the race to create an everyday app, a deep look at meal kit retail as Blue Apron turns seven and the latest big twist in subscription commerce. Hacker Arrested in Capital One Breach Affecting 100M+. Currently, there are 0.7

Apple 115

Apple blockchain Data Retail 115

PYMNTS

OCTOBER 10, 2017

percent between 2014 and 2014 representing the highest growth in a decade, researchers said. For instance, in mature APAC markets, small- and medium-sized businesses (SMBs) are driving digitization of B2B payments through increased use of digital invoices, virtual cards and cloud-based financial management and accounting solutions.

Payments 124

Payments Regional America Trends 124

PYMNTS

JUNE 15, 2016

One emerging player in the Australian FinTech market has just secured another round of capital. According to TechCrunch , this round had participation from Australian VC funds Rampersand and Reinventure, along with existing investors Cultivation Capital, along with Mark Harbottle, cofounder of logo marketplace 99Designs.

Fintech 100

Fintech Online Capital Fraud 100

PYMNTS

NOVEMBER 14, 2016

The T&E firm said those funds, spent between 2014 and 2016, signal a new sense of confidence businesses have in the on-demand economy, with SMEs leading adoption rates as they look for more flexible corporate travel offerings and as hotel rates continue to rise.

San Francisco 100

San Francisco Survey Data Security 100

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. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Virtual card issuance.

Online 98

Online Company Retail Payments 98

BankBazaar

JUNE 18, 2020

Liquid mutual funds invest in high-quality debt and money market securities that mature in 90 days or less and hence considered low-risk. less on your capital over the full three years. However, with a bank deposit you might get peace of mind about capital protection with lower return, which might be the right choice for you.

Management 78

Management Taxes Examples Capital 78

PYMNTS

SEPTEMBER 3, 2019

The most transformative innovations in payments and commerce over the last decade are mostly the result of innovators making what was once visible, invisible: payments, stores, merchants, brands, issuers, even card networks. But in 2014, Starbucks piloted something that would change the in-store payments experience altogether.

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Its pitch to the family is to use their local Mastercard branded credit or debit card to make those payments.

Lending 100

Lending Apple Cards Study 100

PYMNTS

APRIL 27, 2016

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

Taxes 100

Taxes Colorado Alaska Cards 100

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. MCI Capital, based in Poland, led the financing via its MCI.TechVentures Fund, according to reports. MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

JANUARY 6, 2020

ISOs sold terminals and card processing, mostly to brick-and-mortar merchants. Most people were still paying taxi drivers with cash, and if those drivers had POS terminals, they – hmm – weren’t working when you wanted to use a card to fund the ride. Chip cards didn’t exist in the U.S.

Innovation 176

Innovation Mobile Software San Francisco 176

CB Insights

DECEMBER 4, 2019

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. It’s likely that Amazon was too early to P2P payments. business.

Cards 101

Cards Lending Strategy US 101

PYMNTS

JUNE 10, 2016

million as of 2014. In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. The move has allowed Brazilians to use their preferred payment method — national credit cards processing in Brazilian Reais (BRL) — to partake in booking rooms on the homesharing site. Estimated population was 6.35

Trends 100

Trends Community America Study 100

PYMNTS

OCTOBER 19, 2018

In 2014, Uber was accused of attempting to sabotage Lyft by having Uber employees use burner phones to book and cancel Lyft rides to mess with their drivers. Six months after raising $350 million, the grocery delivery outfit grabs $600 million, this time in a round led by D1 Capital Partners, and now has $1.2 billion in its coffers.

Mobile 155

Mobile California United States Cards 155

PYMNTS

OCTOBER 21, 2019

In 2016, it got to the point where it seemed every merchant or tech firm that could affix the world “pay” to its name did so, and launched a mobile payment service to go with it: Apple Pay, Google Pay, Kohl’s Pay, Chase Pay, Capital One Pay, Walmart Pay, Target Pay, CVS Pay, Garmin Pay. The network would run on a card issued by Barclays U.S.,

Innovation 131

Innovation Payments Apple Mobile 131

Jeff For Banks

DECEMBER 12, 2015

Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. They establish the "Chip & Choice", a battery powered card that has multiple EMV chips.

Fintech 60

Fintech Capital Cards Bitcoin 60

PYMNTS

OCTOBER 19, 2016

In 2014, according to a Time report, Macy’s planned to open at 6 p.m. Pier 1 has seen earnings dive by 45 percent between fiscal years 2013 and 2014, although there was a small increase in the retailer’s revenues. This will give the firm financing for its five-year-old Rewards Credit Card program. on Thanksgiving day.

New York City 100

New York City Retail Mobile Company 100

NCR

AUGUST 30, 2016

After a wonderful dinner paired with the perfect red, you whip out your chip-enabled debit card. To surmount this, fraudsters would need to have your phone, your card and even your physical presence. Imagine this. You’ve just travelled to Argentina to sample the fine steaks. The waiter returns with regrets.

Technology 53

Technology blockchain User Experience Fraud 53

Jeff For Banks

JANUARY 18, 2014

We’ll Miss You, Ben Now that the holidays are over, it is time to recognize that January, 2014 marks the last month as Federal Reserve Chairman for our favorite helicopter pilot, Ben Bernanke. Cautious Growth for 2014 We expect that GDP growth will continue in a cautious mode in 2014, likely between 2% and 2.5% once again.

Philadelphia 83

Philadelphia Policies US Marketing 83

Jeff For Banks

SEPTEMBER 13, 2015

Chan came as part of the recap, and rose to Chairman in 2014. Selection: Mitch Englert, EVP of Community Banking, Capital City Bank Group, Inc. Thirty-four percent of Capital City's deposits are non-interest bearing. I focused on traditional community banks and did not consider high yield type banks such as credit card banks.

Community Bank 60

Community Bank Lending Community Security 60

Fintech Labs Insights

FEBRUARY 25, 2016

Along with the increase in its venture capital investments, Spreedly has grown as well. Originally focused on subscription-based payments, Spreedly pivoted in 2013 to launch a credit card vault in the cloud. The post Spreedly Secures $3 Million Financing Round appeared first on Finovate.

Security 12

Security North Carolina San Francisco New York 12

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Except maybe they did partly.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

MARCH 17, 2017

The business cards have all been exhausted, and the hearty salutations give way to weary nods of (yet again) recognition. The movement toward financial inclusion, and toward a consumer experience that is seamless and intuitive and secure, is one that brings companies to share process and perhaps even prosperity. It’s a big problem.

Innovation 103

Innovation Lending Boston Security 103

TrustBank

DECEMBER 8, 2022

Households in 2014 ) and another by the J.P. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. Revolving Credit (Credit Cards & Personal Lines of Credit): While home ownership grew, revolving credit exploded.

US 52

US Policies Taxes Washington 52

CB Insights

OCTOBER 10, 2018

Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa. customers since 2014 ( which is detailed in a separate brief on challenger banks ).

Retail 78

Retail Cards Millennials Mobile 78

NCR

AUGUST 5, 2016

The ability to pay for goods and services with a simple swipe of a card, smartphone or other contactless device is making transactions faster, more convenient and secure for both customers and merchants. billion on their contactless cards last year, up more than 234 per cent from 2014. Consumers spent £7.75

US 40

US Payments Cards Marketing 40

PYMNTS

DECEMBER 10, 2016

Laplanche is Renaud Laplanche, Lending Club’s colorful and highly quotable founder and first CEO, and he had that effect on a lot of people during the eight years between Lending Club’s IPO in 2014 and its beginnings. banks at the time. And it continued to build its name and public profile.

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

AUGUST 10, 2016

In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed.

Innovation 100

Innovation Apple social media America 100

Jeff For Banks

APRIL 14, 2022

Other People's Money and How the Bankers Use It 1914 John Brooks Brooks, John The Go-Go Years: The Drama and Crashing Finale of Wall Street's Bullish 60s 2014 Connie Bruck Bruck, Connie The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders 1989 Robert F. Brandeis Brandeis, Louis D. 2008 Richard P.

America 78

America National Denver United States 78

PYMNTS

APRIL 30, 2018

trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner. Most of that spend will be concentrated in the U.S.,

Fintech 183

Fintech blockchain Lending Digital Banking 183

Fintech Labs Insights

JANUARY 5, 2015

I''ve used Capital One''s credit card fairly actively for the past 4 or 5 years. And they''ve rarely, if ever, declined a charge (and there has never been any fraud on the card). I have Capital One''s mobile wallet installed which pushes near-real-time notifications to the lock screen (iOS).

Capital 12

Capital Fraud Analysis System 12

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. In 2010, LendingClub added to its war chest with a $24.5

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

APRIL 29, 2019

And it’s why plastic cards still rule at the physical point of sale, even though there are more contactless POS terminals than ever before. Plastic cards and the card rails are reliable and certain, at the physical store as well as online. Consumers stick to what they know will deliver a predictable outcome. Slowly, to start.

Online 162

Online Retail Study Cards 162