PYMNTS

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. This week’s B2B venture capital roundup is quite indicative of these trends.

Fintech 192

Fintech San Francisco Capital Software 192

Independent Banker

JULY 31, 2022

While many banks are utilizing technology and trying to be innovative, they are doing so on an existing legacy structure that is too expensive, painful and ingrained in their culture to change.”. from 2016 until its sale in 2018. —Keith Costello, Locality Bank. “We His career has focused on aligning technology and banking services.

Florida 91

Florida Community Bank Community FDIC 91

Bobsguide

JULY 28, 2022

As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. After almost 18 years, the Platform has become a key part of the infrastructure of Japan’s capital markets. ” Digitizing and Streamlining.

Company 68

Company Meeting Capital Exercises 68

PYMNTS

MARCH 2, 2018

“The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It There are scenarios, too, in which a merchant cash advance may actually be the best financial option for a business in need of working capital.

Capital 119

Capital Lending Louisiana Data 119

PYMNTS

JUNE 11, 2018

The latest round was led by Temasek with participation from Rockwell Automation, Aster Capital, Next47, Envision Ventures and Tekfen Ventures. Original Claroty investors Bessemer Venture Partners, Team8 , Innovation Endeavors and ICV all participated in the round, the company said in the press release.

Industry 108

Industry Capital System Security 108

PYMNTS

JANUARY 1, 2019

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223

Payments social media Analytics Capital 223

PYMNTS

MARCH 6, 2019

By today’s standards, it looks anything like an innovative brand. But then, looks can be deceiving — 100 years ago, Corning Glass Works had just introduced a massive innovation into the lives of home cooks everywhere. At the conclusion of the deal, both firms will be owned by Cornell Capital, which bought Corelle in 2017.

Branding 108

Branding Millennials Innovation Marketing 108

PYMNTS

FEBRUARY 20, 2017

Join us, along with innovator John Dancu, CEO of IDology, as we delve into the brave newish word of (ever more) secure transactions across the web. Politics: Global … And Local … When It Comes To Commerce And Innovation? Turning a bit more inward, the 2016 U.S. Check out Innovation Project 2017. interact across borders.

Fraud 102

Fraud Innovation US National 102

CFPB Monitor

FEBRUARY 20, 2020

In November 2016, the CFPB issued a request for information (RFI) about market practices related to consumer access to financial information, and in October 2017, it released a set of “ Consumer Protection Principles ” for participants “in the developing market for services based on the consumer-authorized use of financial data.”.

Policies 78

Policies Data Innovation Management 78

PYMNTS

OCTOBER 1, 2018

63 percent of SMBs sought a loan for working capital needs last year , including payroll, inventory and supplies, according to new data from S&B Global Market Intelligence. That’s slightly up from 2016 figures, and remains the most common use of financing for small business borrowers. In the U.S., News reports last week.

Lending 115

Lending Survey Data National 115

PYMNTS

AUGUST 8, 2017

-educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. By 2015, the firm was profitable, and in 2016, it officially relocated it headquarters to Barcelona, Spain, one of three nations outside Russia ID Finance has expanded its efforts into — Belarus and Brazil being the other two.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

JANUARY 13, 2017

The city’s median income is $49,192, higher than the national median of $45,760 and higher than Auckland’s median income of $48,204. New Zealand was ranked the number one country in which to start a business by the World Bank Doing Business Report 2016. Issuing capital is easy. Wellington’s unemployment rate of 5.7

Fintech 100

Fintech Regional Innovation Trends 100

PYMNTS

AUGUST 1, 2018

The report called on Congress to establish a national commission to conduct a comprehensive review of existing financial laws and regulations, and establish a pilot program to test the efficacy of coordinated bank examination teams. It is critical that we respond to the needs and concerns of Main Street America,” said Snowe in a statement.

Policies 100

Policies Report Regulation Maine 100

PYMNTS

SEPTEMBER 16, 2016

Few pundits were looking at 2016 to be a blockbuster year for retail sales. In fact, the National Retail Foundation released its 2015 economic forecast in February with estimates of just a 3.1 percent growth rate for retail sales in 2016. This represents an improvement over the 10-year average of 2.7

US 100

US Retail Policies Online 100

PYMNTS

OCTOBER 5, 2016

The number of workers was slightly higher in 2015 than in 2001, according to the National Restaurant Association, which opposes minimum wage hikes. percent annually through 2024, in line with the national average, according to the Bureau of Labor Statistics. Jobs in the leisure industry will increase by 0.6

Chicago 161

Chicago National Industry Operations 161

PYMNTS

APRIL 30, 2018

According to the financial institution, citing a study from the United Nations, digital payments are now a part of everyday life in China, with payments via WeChat rising from $11.6 trillion in 2016. billion in 2012 to $1.2

Study 105

Study Mobile Analysis Payments 105

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. Find out how the more than $26.5 Alternative Lending. MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

Accenture

MAY 22, 2019

For years, banks have enjoyed a low bar on CFO expectations around payment product sophistication and innovation. Today, we are seeing a slowdown in commercial deposit growth broadly with flat or negative growth in pockets as deposits shift to the national banks. percent between 2014 and 2016. percent between 2014 and 2016.

Payments 150

Payments Customer Experience Survey Capital 150

Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Founded: 2016. Capital Markets & WealthTech. Founded: 2016. Digital Assets. Category winner AND overall winner: Wirex.

Innovation 15

Innovation Fintech blockchain Capital 15

PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Another blockchain firm, Kadena, which was created by two JPMorgan developers in 2016, announced fresh investor support to the tune of $2.25

blockchain 124

blockchain Bitcoin cryptocurrency New York 124

PYMNTS

MAY 24, 2018

Asia Pacific’s alternative finance market has more than doubled between 2015 and 2016, now worth $245.2 Moving forward, blockchain will be an instrumental innovation to continue FinTech’s disruption of the trade finance market, the DMCC said. billion, researchers found.

Survey 100

Survey Fintech blockchain New York 100

PYMNTS

MARCH 24, 2017

Chicago’s FinTech and Payments sectors saw 32 startups in 2016. MH: National recognition is a challenge for Chicago startups, although that is improving. A recent report published by Pitchbook also suggests that Chicago ranks at the top for highest return on venture capital investments. GDP of Chicago is $640.66 billion (2015).

Chicago 114

Chicago United States Community Illinois 114

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. Auto-financing is ripe for innovation. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. Our platform is open source, which makes it more reliable, innovative and secure. We are launching a pilot for the 2016-17 Australian grains harvest.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

JANUARY 15, 2019

Filled with federal workers and contractors, the nation’s capital has a high cost of living: Average monthly rent on an apartment runs about $2,000 and according to some estimates the base annual income needed to “live comfortably” in the capital is roughly $103,000 annually — a little less than double the national average salary.

Washington 140

Washington Capital Bitcoin National 140

PYMNTS

APRIL 24, 2017

This week we saw scientists march, the French go to the polls and a $400 high-tech juicer turned out to be an innovation on par with something that everyone already has: their hands. And most of the nation got a good chuckle — except perhaps the investors who threw $125 million at the disruptive future of juice. these days.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JANUARY 29, 2018

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies like blockchain and open banking initiatives. About a third of SMBs recently told Capital One they’re currently in a better financial position than they were a year ago, for instance.

Lending 116

Lending Florida Report Community Bank 116

PYMNTS

JANUARY 25, 2018

“Although it’s harnessing the latest innovations in tech, it offers a very simple way to access finance, as well as access to human financial advisors,” explained FSB London Chair Michael Lassman in a statement earlier this month. ” Such transformation won’t happen overnight, however, and the U.K.,

Lending 122

Lending Regulation Marketing Operations 122

PYMNTS

NOVEMBER 14, 2018

in 2016, the most recent data available. billion — online payment volume was completed in the Eurozone in 2016, the most recent data available. The news comes as the National Retail Federation (NRF) found in a recent survey that consumers are expected to spend an average of a little more than $1,000 in the upcoming holiday season.

Retail 131

Retail Payments Apple Online 131

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Big Data 100

Big Data Analytics Data Survey 100

CB Insights

SEPTEMBER 22, 2017

This briefing with cover financing trends for startups, corporate activity in the space, and innovative approaches to dealing with new regulatory complexities. You can see 100+ startups innovating in this area in our regtech market map.). In 2017 YTD, regtech startups have seen 103 deals worth $894M in disclosed equity funding.

Compliance 46

Compliance Trends Software Capital 46

PYMNTS

JUNE 28, 2016

And while we expect 2016 will mark the 24oth July 4th in a row that the British have not celebrated, one can not help but admire the impressive degree to which they’ve upped the level of the fireworks game. Many innovators have noted that is a lot easier than staying in London. Online lenders in the U.K. in the E.U.

Lending 100

Lending National Marketing Online 100

Jeff For Banks

JUNE 11, 2020

The cascade of falling dominoes leads to societal dependencies such as 30 million children relying on the National School Lunch Program for food. Nobody described this situation better than John Hope Bryant , an American Banker 2016 Innovator of the Year , in my firm's This Month in Banking podcast three years ago.

Community 78

Community Video Management Mobile 78

PYMNTS

NOVEMBER 3, 2016

Power’s 2016 U.S. Small Business Banking Satisfaction Study found that, as small businesses in the nation continue to grow, they’re more likely to seek out working capital financing. Released last week, J.D. Second, J.D. But the threat of bank switching remains.

Survey 100

Survey Lending Millennials Analysis 100

Independent Banker

FEBRUARY 28, 2023

He has also served on ICBA’s executive committee for many years, including a term as treasurer from 2016 to 2018. So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., for eight years. now part of Bank of America, before moving to Griffin, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

MARCH 16, 2017

And indeed, the middle of this month has been nothing if not gusty, but daunted not the gutsy — who trekked by the hundreds to Boston for the opening of the annual Innovation Project. Innovation, implying the change that is the only constant when it comes to how people and businesses interact and transact. and panels. .

Payments 102

Payments Innovation Data Course 102

PYMNTS

FEBRUARY 6, 2018

professional sports leagues such as the National Basketball Association (NBA) and the National Football League (NFL). Last year, it closed a $1 billion venture capital round , according to news reports from Reuters. The Economics. Fanatics is hardly the only retailer to take advantage of pop-up stores. Retail Gold.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

JULY 20, 2016

Brazil is getting a lot of press time these days, but that isn’t too terribly surprising since the 2016 Olympics are gearing up to kick off in in about two weeks. But innovation watchers have been watching Rio and Brazil in general for some time as the nation increasingly becomes an incubator nation for FinTech development and talent.

New Jersey 100

New Jersey National Trends Community Bank 100