PYMNTS

OCTOBER 26, 2018

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Businesses increased their spend on commercial cards by 24 percent in 2017, Citi’s analysis found. Reports in The Asset on Thursday (Oct. Reports in The Asset on Thursday (Oct.

Cards 199

Cards Regional Survey Tools 199

PYMNTS

JANUARY 24, 2020

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports. . 23), the city finally acquiesced and both Uber and Lyft are now allowed to operate in the city. . “We The applications for Uber to operate were opened in September of last year. .

Metro 130

Metro Operations Regional America 130

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. deals and dollars to latin america hit a high in 2017. Since 2012, investments into the region have nearly tripled.

Regional 50

Regional America Capital United States 50

PYMNTS

OCTOBER 17, 2017

Introduced in 2014 alongside a handful of other experimental services, UberEATS operates worldwide in 29 countries. Like other retail delivery services, UberEATS faces the prospect of low margins and remains unprofitable in most of the regions it services, reports the Financial Times.

Regional 101

Regional Retail Report Operations 101

PYMNTS

DECEMBER 13, 2019

The company has integrated its proprietary P2P lending platform, Robo.cash, with the company’s Singapore arm, Robocash Pte, which launched in 2015 to help support the Robocash Group’s Southeast Asia operations. With the completed integration, Robo.cash users can invest in the region and its development. billion two years later.

Lending 130

Lending Regional Groups Marketing 130

PYMNTS

NOVEMBER 25, 2019

London’s transport regulator, Transport for London (TfL), has yanked Uber’s license to operate in the city, prompting the ride-hailing giant to file an appeal, Reuters reported on Monday (Nov. The company’s license was pulled for the first time in London over safety concerns in September of 2017. Uber says it has 3.5

Operations 150

Operations Regional Regulation Software 150

PYMNTS

NOVEMBER 10, 2020

After gaining a new license to operate as a financial institution in Latin America's largest economy of Brazil, MercadoLibre will work on expanding its portfolio of credit offerings, a report from BNAmericas says. MercadoLibre's credit arm MercadoCredito was formed in 2017 in Brazil, and has been tied to mobile wallet service MercadoPago.

America 156

America Regional Operations Report 156

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. No matter what, FinTech seems a very good bet in this region of the world.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JANUARY 27, 2020

Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply for operating licenses. The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. Both already operate in Singapore. After the Payment Services Act goes into effect on Thursday (Jan.

Regulation 151

Regulation cryptocurrency Payments Bitcoin 151

PYMNTS

JUNE 17, 2020

The company has been doing this since 2017 when the Defense Advanced Research Projects Agency granted it funding the first time. The military’s need for tracking its multi-part, expensive operations has only increased with the introduction of 3D printing, according to Coindesk.

blockchain 132

blockchain Fraud Indiana Bitcoin 132

PYMNTS

JUNE 4, 2018

As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart would keep a 20 percent stake in the company, and the retailer would utilize Advent’s regional expertise, CNBC reported.

Regional 100

Regional Retail Report Operations 100

PYMNTS

MAY 20, 2020

Making cross-border payments in the EU therefore requires interconnectivity between the regions’ various real-time payments rails. SCT Inst was developed in 2017 to establish operational guidelines by which all real-time payment rails in the EU are required to comply.

Payments 210

Payments Guidelines Regional Strategy 210

PYMNTS

JULY 17, 2019

We both want to make everyday life more convenient, whether it’s how people move around town in Southeast Asia’s fast-growing urban areas, or making it easier for people to pay and be paid all over the world,” said Visa Regional President Asia Pacific Chris Clark. The company first expanded into Vietnam, then Thailand.

Payments 134

Payments Regional Course Branding 134

PYMNTS

DECEMBER 11, 2019

GoPay , Gojek’s app-based digital payments platform, acquired Indonesian group-saving network Mapan in 2017. Also in 2017, Gojek acquired two FinTech firms in Indonesia — Kartuku, the country’s largest offline payments-processing company; and Midtrans, a top online-payment gateway. million active users. The company said it has 7.1

Mobile 130

Mobile Regional Analytics Google 130

PYMNTS

NOVEMBER 1, 2018

Lower ATM operating revenue in the U.K. ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 North American ATM operating revenue increased 3 percent, but was offset by lower revenue in the U.K. Late Thursday (Nov.

ATM 155

ATM Cards Operations Regional 155

PYMNTS

JUNE 17, 2020

The website is a re-branding of Middle Eastern eCommerce site Souq.com , which was acquired by Amazon in 2017, PYMNTS reported. Bin Salman denied the claim, saying it was rogue operators who committed the crime. Last year, the company converted Souq’s website in the United Arab Emirates to an Amazon-branded one, amazon.ae.

Washington 192

Washington Leadership Video Branding 192

PYMNTS

NOVEMBER 11, 2020

So it was not completely surprising when news came this week that MercadoLibre has obtained a license to operate as a financial institution (FI) in Brazil, which will help the company expand its portfolio of credit offerings. In addition, the company also has gotten a 400 million reais ($74.2 And mPOS has also been gaining traction.

America 178

America Operations Regional Survey 178

PYMNTS

SEPTEMBER 9, 2019

“David brings with him a wealth of industry expertise, having held senior roles in operations, product management and product development, including cash, trade finance and securities services,” said David Scola, SWIFT acting chief executive for the Americas and U.K. “We He has also been a member of TCH’s Company Board since 2017.

Management 179

Management America New York Regional 179

PYMNTS

FEBRUARY 6, 2019

The Go-Jek funding news underscores the heavyweight backing of strategic investors, where for example, Mitsubishi has an eye on collaboration potential between far-flung businesses that span operations already in Indonesia, such as logistics and convenience stores. billion seen in 2017. The Wall Street Journal reported Wednesday (Feb.

Regional 123

Regional Groups Examples Report 123

PYMNTS

SEPTEMBER 4, 2019

The company, which operates its own eCommerce marketplace, has built its own supply chain, according to reports, and has recently expanded into the Mumbai and Pune regions, with perishables delivered the same day. The startup also began operations in UAE recently. The total raised to date comes in at $33 million.

ATM 170

ATM Regional Capital Branding 170

PYMNTS

OCTOBER 4, 2019

“These new capabilities and partnerships fuel our mission to empower businesses to grow,” said Payoneer VP, Regional Head of Americas Iain McNicoll. By giving them access to the tools they need to expand and streamline operations, we continue to be the partner for growth for U.S. More than ever, we’re focused on the U.S. businesses.”.

Capital 152

Capital Regional America Payments 152

PYMNTS

APRIL 23, 2019

According to a report in the Wall Street Journal , citing people familiar with the matter, Son made the investment in bitcoin, the leading cryptocurrency back in 2017 just as its price peaked. SoftBank bought the person’s investment firm in 2017, noted the report.

Bitcoin 128

Bitcoin cryptocurrency America Regional 128

PYMNTS

APRIL 3, 2020

At its most recent funding round of $1 billion in September 2017, Airbnb had a valuation of $31 billion, the source said. Bookings were off up to 90 percent in particularly hard-hit regions, data from independent monitoring firm AirDNA indicated. Airbnb has raised $4.4 billion in 15 founding rounds. .

Regional 140

Regional Meeting Capital Report 140

PYMNTS

NOVEMBER 8, 2016

The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

Regional 148

Regional New York City National Google 148

PYMNTS

DECEMBER 16, 2019

In April, the CJEU said in a non-binding opinion that Airbnb should be treated as a digital service provider, and that it should be free to operate in the region. This does not mean, however, that a ruling in Airbnb’s favor is guaranteed.

Regional 130

Regional Regulation Industry Groups 130

PYMNTS

JANUARY 16, 2020

Companies must manage increased data processing and transaction volumes for their clients, and the stress pushes many to rely on multiple banks to keep operations running smoothly. million in October 2017. Other regions, including the U.S., Open banking is alive and thriving in the U.K., Such technology was used 17.5

Strategy 132

Strategy Data Operations Innovation 132

PYMNTS

APRIL 30, 2019

Citing sources familiar with the matter, Bloomberg reported that the investment will probably be led by the newly formed Innovation Fund, which was launched by SoftBank Chief Operating Officer Marcelo Claure for technology investments in Latin America. If it closes, it would be SoftBank’s largest investment in Latin America.

America 151

America Regional Mobile Management 151

PYMNTS

NOVEMBER 18, 2019

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. We are focusing on reaching operational profitability globally already next month in December,” he said.

New York 100

New York New York City Operations Regional 100

PYMNTS

NOVEMBER 18, 2019

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. We are focusing on reaching operational profitability globally already next month in December,” he said.

New York City 100

New York City New York Branding Operations 100

PYMNTS

APRIL 12, 2017

The sentiment was positive, as 60 percent of those firms expect to see higher top lines in 2017 versus the previous year, and 40 percent say they are likely to boost staffing levels. That would carry on the heels of last year, when a third of firms increased their rosters and only 20 percent actually saw net layoffs.

US 100

US New York Survey United States 100

PYMNTS

APRIL 2, 2018

The financial institution currently targets the Caribbean with its banking services and, according to analysts, its financials remain strong despite natural disasters in the region. billion in 2017, though operating losses widened during that time. Last month, Zuora also revealed plans to raise $100 million via a U.S.

US 112

US Capital Regional Analysis 112

PYMNTS

MARCH 4, 2019

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. The bank reportedly handled 700 million euros or $790 million in transactions that were questionable from 2005 to 2017. The investment firm rates Nordea at underperform.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6 Here’s how four community banks are thriving in this environment.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

JUNE 10, 2019

PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe. “This will help companies complete their digital transformation and be more competitive abroad.”.

blockchain 116

blockchain Security Fintech Regional 116

PYMNTS

OCTOBER 24, 2017

Industry players and policymakers across the globe are discussing their respective late B2B payments problems, and the data suggests that delayed supplier payments is a challenge no matter where businesses operate. New research from Atradius finds another geographic market grappling with its own late B2B payments problem: Asia Pacific (APAC).

Payments 101

Payments Regional Survey Maine 101

PYMNTS

OCTOBER 3, 2019

The API, according to reports , will allow HSBC partner banks to issue local guarantees across markets — and where those banks do not have an operating presence. The API will enable the HSBC partner banks to reissue the guarantees if the partner banks do not operate within a certain market, but the aforementioned suppliers do. “For

blockchain 191

blockchain System Payments Regional 191

PYMNTS

AUGUST 14, 2018

Strategy Analytics’ latest smart speaker report , “Global Smart Speaker Vendor & OS Shipment and Installed Base Market Share by Region: Q2 2018,” provides detailed quarterly metrics for the top 20 smart speaker vendors and 14 leading voice operating systems worldwide.

Google 101

Google Analytics Apple Strategy 101