PYMNTS

FEBRUARY 6, 2020

It would make sense that the supermarket business might be immune from the cross-currents of retailing in 2020. Three regional players in the organic food retail business — where Whole Foods and parent Amazon rule — have declared bankruptcy over the past month. While regional players struggle, interlopers continue to strengthen.

New York City 153

New York City New York Regional Colorado 153

PYMNTS

OCTOBER 30, 2020

Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Bain Capital Ventures’ partner Matt Harris told PYMNTS that 2020 marked the tipping point for commercial payments. “I PYMNTS explores how cloud infrastructure and automated systems have improved Western Union’s operating efficiencies. In the U.S.,

Technology 161

Technology Apple Payments Capital 161

PYMNTS

DECEMBER 8, 2019

Founded in 2018, B-North is looking to obtain its banking license in the first quarter of 2020. In September, the company announced that it was working with Banking-as-a-Service firm Mambu and cloud-based loan and deposit origination platform provider nCino to power its small business lending and banking operations. million ($1.97

Lending 131

Lending Regional Policies Operations 131

PopularBank

OCTOBER 28, 2020

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. million are expected to be recognized in the fourth quarter of 2020. million, of which $23.1

Puerto Rico 52

Puerto Rico New York Metro Community 52

Independent Banker

NOVEMBER 30, 2022

And in 2021, she became one of three founding general partners of Black Tech Nation Ventures (BTN.vc), a venture capital fund for tech startups led by Black and diverse leaders. The venture capital fund itself is one of a very small percentage of majority Black-owned venture capital funds operating in the U.S.

Company 110

Company Community National Maryland 110

FICO

JANUARY 7, 2021

Here are the 5 most popular 2020 posts on decision management. #1. Recovery is where we still are now, in mid-2020. The ROI will come not only from efficiency in the operations themselves but also from cost of capital and stability gains throughout the enterprise. How Do You Improve Supply Chain Resiliency?

Management 52

Management Analytics Strategy Data 52

PYMNTS

JANUARY 7, 2021

Ant Group had $263 billion in outstanding consumer loans as of June 2020. The company is looking to move its consumer loan business into a new consumer lending unit that would be able to operate throughout China, Bloomberg reported, citing unidentified sources. China TransInfo Technology Corp. and Contemporary Amperex Technology Co.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

DECEMBER 11, 2020

They're also tasked with choosing the best route to obtaining working capital as the number of options grows. From traditional bank loans to alternative financing to other sources of capital like PPP loans , there are many options today, said Puskar. Puskar described the early days of the PPP effort as "hectic."

Lending 233

Lending Capital Resources Taxes 233

PYMNTS

MAY 6, 2019

Bigbasket, the Indian online grocery store operator, raised $150 million in a fresh round of venture funding, valuing the company at more than $1 billion. Bigbasket is aiming to break even somewhere between 2020 and 2022, noted the report. CDC, the U.K.’s Proceeds from the funding will go to expand and scale its supply chain.

Online 108

Online Regional Capital Report 108

PYMNTS

AUGUST 21, 2018

The Series D round, which includes investors as far-flung as Sequoia Capital China, Goldman Sachs and others, brought in a total funding of $300 million to date. Sequoia and Goldman are returning investors, and new backers seen in this funding round include Boyu Capital, based in China, and Technology Crossover Ventures.

Regional 103

Regional United States Capital Mobile 103

Gonzobanker

FEBRUARY 8, 2022

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! Let’s put COVID aside for a minute. price/book multiple.

Fintech 161

Fintech Customer Experience Conference Technology 161

PYMNTS

JANUARY 3, 2020

The move follows Hong Kong’s early 2019 decision to issue digital banking licenses as the two economies are strong competitors in the region. Wholesale license holders will be limited to serving corporate clients only — full license holders will need to have capital reserves S$1.5 There are some 630 million residents in that region.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

Abrigo

JUNE 14, 2021

The release of the FinCEN Files in 2020 detailed the extraordinary amount of illicit funds flowing through our financial institutions from kleptocrats, international money launderers, and terrorists.

Compliance 370

Compliance Training Resources Policies 370

CB Insights

AUGUST 26, 2021

SoftBank’s capital firepower has helped it become the #2 unicorn investor in the world. In the fiscal year ending March 2020, SoftBank disclosed a loss of nearly $18B from its Vision Fund 1, with almost $10B in losses coming from WeWork and Uber alone. Clearco provides growth capital for small businesses. Retail & consumer.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

NOVEMBER 19, 2018

In this edition of the Commerce Connected Report , in collaboration with First Data, PYMNTS takes a deep dive into the quickly growing QSR world, examining how, and in what region, the industry’s sales are increasing most quickly. Many players in the QSR space, including Portillo’s, which operates 61 restaurants in the U.S. percent, 6.3

Regional 123

Regional Mobile National Trends 123

CB Insights

JULY 29, 2021

raised for all of 2020 by more than $300M. raised for all of 2020 by more than $300M. Additionally, there was recent activity from less active regions like Vietnam, the Philippines, Romania, and Greece. We have a deep understanding of risk – and all the ways it affects capital and your organization’s financial performance.

Regional 83

Regional Technology Comparison Strategy 83

BankUnderground

JANUARY 27, 2021

However, we do know that in 1918, during the height of the Spanish flu, banks active in the state of New York experienced a sharp outflow of deposits ( Anderson, Chang and Copeland (2020) ). Banks active in the disaster area after hurricane Katrina hit, increased their capital ratios by reducing risk-weighted assets.

Lending 109

Lending Study Marketing Capital 109

PYMNTS

MARCH 10, 2020

In January eCommerce leader Wayfair had to thin its employee ranks to meet profit targets, and just this week regional Midwestern home furnishings retailer Art Van Furniture filed for bankruptcy with minimal customer notice. Branch is looking at a big year in 2020. We operate almost purely on word of mouth, really,” Hayes said. “We

United States 130

United States Course Groups Retail 130

PYMNTS

MARCH 24, 2020

In an interview with Karen Webster, James Huang, Payoneer ’s regional vice president of Greater China, said the seismic shifts underway signal a change in how global online consumers interact with Chinese eCommerce sellers. As Huang said, it’s been a challenging time.

Retail 196

Retail Online Regional Marketing 196

PYMNTS

SEPTEMBER 28, 2020

As 2020 limps toward its exhausting conclusion, get ready for a massive rebound in 2021 — for consumer spending , for small- to medium-sized businesses’ ( SMBs ’) top lines, and for the U.S. There will be retailers and restaurants that will not come back, and even some small regional airlines will disappear. economy in general.

Fintech 291

Fintech Examples Industry Management 291

Bobsguide

FEBRUARY 22, 2022

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. The bank selected the front-to-back digital offering, TCS BaNCS Global Banking Platform, enabled with APIs and cognitive tools such as AI and analytics.

Innovation 78

Innovation Customer Experience Strategy Operations 78

BankUnderground

NOVEMBER 16, 2023

Company accounts provide a window into how profits have evolved Large companies that are listed on the stock market publish company accounts at regular intervals, which give a summary of their operating performance. Dotted line is a linear trend. Euro area includes non-financial companies in Germany, France, Italy and Spain.

Company 137

Company Trends Policies Taxes 137

FICO

SEPTEMBER 29, 2020

The attendees had a combined experience of over 300 years across analytics, credit risk and operations across Europe, UK, the Middle East and Southern Africa. This crisis has been unique, due to the dynamics of virtual operating models and in the spending patterns for those affected financially by the crisis and those not.

Management 87

Management Analytics Data System 87

PYMNTS

MARCH 9, 2020

The operative word is control. “I With DineVite, consumers and restaurants get a better deal, since the restaurants can offer a deal to customers that they are comfortable with and consumers capitalize on it. Consumers can inquire directly with restaurants about existing promotions. It’s a new concept that means both parties win.”.

Miami 130

Miami Los Angeles Austin South Carolina 130

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Sigma aims to streamline business operations. The global e-commerce market is currently estimated to be worth $4T in 2020, according to eMarketer.

Online 98

Online Company Retail Payments 98

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Table of contents.

Management 78

Management Capital Company Marketing 78

FICO

JANUARY 13, 2022

In September 2020 there were 111 initiatives listed. Other regions may not have the Initiatives Grid but they will have industry-level initiatives being originated and demanded by both local and “pan” organisations and authoritative bodies. Changing the Operating Model in Debt Collection.

Industry 52

Industry Operations Analytics Regional 52

PYMNTS

DECEMBER 13, 2019

The flashier entry in that column, however, was the announcement that former PayPal Chief Operating Officer Bill Ready will be starting as Google’s president of commerce come January 2020 — signaling that Google is getting very, very serious about its next big run at payments and commerce. The Big Bill Ready Move To Google.

Google 131

Google Payments Cards Operations 131

Tech and Finance

APRIL 29, 2016

In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. It suggests that top regional banks in the U.S. PWC Retail banking.

Retail 28

Retail Regional Innovation Survey 28

Tech and Finance

APRIL 29, 2016

In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. It suggests that top regional banks in the U.S. PWC Retail banking.

Retail 28

Retail Regional Innovation Survey 28

PYMNTS

APRIL 24, 2020

After what has felt like the second-longest month in history (with March 2020 being the first), this week marked something of a shift in the news cycle. billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio , giving the social media giant a larger foothold in the region.

Payments 130

Payments social media Seattle Marketing 130

Gonzobanker

DECEMBER 17, 2021

It was a cray cray year for mergers and acquisitions (M&As) in 2021 coming out of COVID slowdown in 2020. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. From nowhere, sizable regional players are being created. THE BANKER AWARDS. Acronym of the Year.

Fintech 133

Fintech Strategy Leadership Lending 133

FICO

DECEMBER 18, 2018

And it’s not just regulation around GDPR and the now-imbedded KYC, TCF and effective management of the vulnerable — in the EMEA region, we are also seeing levels of prescription we have never seen before, whether that be the management of persistent indebtedness in the UK or the need for customer authorization under DebitCheck in South Africa.

Analytics 45

Analytics Regulation Regional Marketing 45

PYMNTS

NOVEMBER 13, 2017

The competition in India for digital payments dominance got that much more competitive this week with the announcement that PayPal has officially launched domestic operations in India. PayPal’s India Push. Digital payments are still misunderstood among many, often seeming like a difficult and unnecessarily complex addition to their lives.

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

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. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3%

Texas 182

Texas San Antonio Community Bank Community 182

South State Correspondent

APRIL 6, 2022

That could be a mistake as the environment has been radically different since 2020, and many banks are mispricing their commercial loans and relationships. Making loans is central to your bank’s operations, and lending has a compounding effect on profitability. Change 1: Cost of Capital and Capital Allocation.

Capital 195

Capital Training Management Atlanta 195

PYMNTS

JANUARY 1, 2021

You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” said CarrieAnne Cormier , senior vice president of Retail Operations and Strategy at Avidia. The year-over-year increase in cross-border online sales was even more dramatic in other regions.

Trends 259

Trends Video Retail Payments 259