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Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation

PYMNTS

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for small- to medium-sized businesses (SMBs), according to a press release. Tung Chi Fung , chairman of SY Capital, said there are already plans in the works.

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Capital One to Be Fully on Public Cloud by End of 2020

Bank Innovation

Capital One Financial plans to complete the exit from its data centers and to go fully into the public cloud by the end of 2020, Chairman and CEO Richard Fairbank said during the bank’s first-quarter earnings call on Thursday. The McLean, Va.-based

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Canadian neobank Koho to launch credit and savings products in 2020

Bank Innovation

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

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How FinTechs View Emerging B2B Payment Innovations In 2020

PYMNTS

FinTechs are keeping an eye on emerging technologies at the beginning of the year — and predicting how they will impact business-to-business (B2B) payments in 2020. As a result, Praeger believes M&A activity will be similar to what was seen last year.

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Data: London FinTechs Netted $3.6B In VC Investments So Far In 2020

PYMNTS

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. Global investments are below the levels of pre-pandemic days, but London FinTechs have surpassed their 2018 venture capital totals of $2.3 billion in investments.

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Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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The Impact Of Payments Innovation On SMBs, App Users

PYMNTS

Small to medium-sized businesses (SMBs) are some of the main beneficiaries of these innovations, as they become more inclined to look into global eCommerce to add to their in-store sales. 55B: Square’s market capitalization. 45%: Decline in cross-border payments volume in May 2020. All this, Today in Data. Data: .