BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 81

Capital Lending US Data 81

PYMNTS

JUNE 22, 2020

Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. The company’s subscription revenues in fiscal 2020 were $103.3

North Carolina 150

North Carolina Capital Software Security 150

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. said the company saw BHL Holdings lead the second Series A funding round, while Nire Capital and existing backers Concentric, Seedcamp and Beazley also participated. Digital Risks. Reports in Verdict.co.uk

Fintech 175

Fintech Capital Lending Report 175

Jeff For Banks

DECEMBER 29, 2020

Total return includes two components: capital appreciation and dividends. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. First Capital, Inc. Silvergate Capital Corporation (NYSE: SI) Here we are. FS Bancorp, Inc. Nasdaq: FSBW) #2. Nasdaq: FDBC) #3.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

PYMNTS

DECEMBER 19, 2019

Well, that is where things get a little bit confusing, Arjun Kakkar, vice president of Strategy and Operations at Ekata , told PYMNTS in a recent interview. When asked what is most important in an eCommerce transaction, consumers rank security slightly above convenience. It was supposed to go into effect on Sept. For how long?

Compliance 102

Compliance Regulation Strategy Training 102

Bank Activities

JULY 1, 2022

The total funding secured through Series B round amounts to more than $100 million. The company states that the additional funds will be directed toward team development, product and technology innovations, and expansion of its operations. The Series A funding round was held in 2020 and led by Sequoia Capital India.

Security 36

Security Capital Fintech Innovation 36

PYMNTS

JUNE 30, 2020

based Capital on Tap to expand its small business credit lending services to Spain, a press release says. With Marqeta’s services, Capital on Tap will be able to offer a €50,000 capital facility for small businesses, along with more transparency and efficiency, the release noted. Card issuer Marqeta has been helping U.K.-based

Capital 141

Capital Lending Cards Security 141

PYMNTS

JANUARY 19, 2021

announced that it has completed its sale of Cost Plus World Market (CPWM) to Kingswood Capital Management. Riley Securities Inc. Those individuals have expertise in labor and deployment, operations and R&D. percent in 2020 as the coronavirus pandemic depressed key fuel sales and physical retail contracted in general.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

NOVEMBER 30, 2020

Investors in the round include Piton Capital, VNV Global and BurdaPrincipal Investments, as well as existing investors 83North and Felix Capital. Headquartered in London, HungryPanda operates in 47 cities across Australia, Canada, France, New Zealand, the U.K. and the U.S. HungryPanda serves Asian restaurants in those countries.

New York 141

New York Capital Meeting Technology 141

PYMNTS

DECEMBER 16, 2019

I’ve connected a few of the dots from over the last decade that I believe will shape how the world will evolve in the 2020s, as well as the role of payments in driving that change. 2020 Trendline One: Rapid Acceleration Of Cash To Digital Payments. 2020 Trendline Two: The Rise Of On-Call Commerce.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JULY 7, 2020

Securities and Exchange Commission (SEC) on Tuesday (July 7), the stock is expected to be priced between $22.00 The IPO management team includes BofA Securities, Barclays, KeyBanc Capital Markets, SunTrust Robinson Humphrey, Piper Sandler, Raymond James and Macquarie Capital. million shares of its stock. and $24.00

Software 140

Software North Carolina San Francisco Capital 140

PYMNTS

JUNE 23, 2020

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. broker-dealer Strategas Securities , said the downturn was “just getting started,” and that the velocity at which the number had risen was concerning. The number of small U.S. Nicholas Bohnsack , president of U.S.

US 175

US Data Comparison Millennials 175

PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Only days ago, startup Spryker secured $130 million for its B2B eCommerce technology, while Mirakl landed $300 million in September, pumping the firm's valuation up to $1.5 The Rise of the Marketplace.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

JANUARY 21, 2021

Fraud was red-hot in 2020. Well-funded and organized fraud operations, meanwhile, continued to amass more capital, manpower and technology. What’s more, businesses have also begun to experience whiplash for not prioritizing the security of their customers. 2020 was a tough enough year already.

Fraud 180

Fraud social media Strategy Maine 180

PYMNTS

JANUARY 8, 2021

is a special purpose acquisition company (SPAC) “formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses,” according to the announcement. Acamar Partners Acquisition Corp. The company landed $305.6 million, up from $26.5

Exercises 200

Exercises Retail Meeting Strategy 200

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The country’s “Digital Belgium” initiative is an ongoing effort to bring Belgium into the digital top three of the European Digital Economy and Society Index by the year 2020. environment.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

DECEMBER 12, 2019

The firm’s market capitalization is at $1.56 Since launching in 2006 in Palo Alto, Bill.com has been providing SMBs with automated back-office payment operations, such as payroll and bill payment. The IPO’s lead underwriters were Goldman Sachs, BofA Securities and Jefferies. billion, which includes the underwriters’ option.

New York 131

New York Capital Resources America 131

PYMNTS

SEPTEMBER 3, 2019

Invisible will likely define the next decade of payments innovations, the start of which is just four months away – and will shape the strategies of every player operating within it. Invisible is also about driving those conversions at scale, and securely, at any endpoint where the consumer wants to make a purchase.

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

MAY 19, 2020

These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said. As it worked to address the pandemic, Kohl’s said it cut its planned capital expenditures by about $500 million and sizably decreased expenses throughout the business.

Retail 235

Retail National Report Capital 235

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Riley Securities Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

JANUARY 14, 2021

During his career at Citi, Khaliq has served in management positions in banking, markets and securities services, country management (CCO) and treasury services. Prior to his appointment as global head of TTS, Khaliq served as head of operations and technology for TTS. Medius and Pagero Team on Digital Invoice Management.

Tools 140

Tools Management Capital Technology 140

PYMNTS

DECEMBER 9, 2020

Earlier in 2020, DoorDash had a private valuation topping $15 billion, up from $1.4 Following the IPO, SoftBank’s Vision Fund and Sequoia Capital will own more than 40 percent of DoorDash class A common stock. The new valuation makes the Silicon Valley startup the biggest individual public food delivery firm in the United States.

United States 192

United States New York Capital Marketing 192

PYMNTS

OCTOBER 2, 2020

Scan recent headlines and you’ll see that Equifax bought Ansonia Credit Data; Corsair Capital bought B2B payments solution provider MSTS, and OnDeck was bought out. Despite — or perhaps because of — the pandemic, a number of strategic and financial deals are taking shape. Western Union has been public about its desire for acquisitions.

Payments 277

Payments Innovation Capital Fintech 277

South State Correspondent

SEPTEMBER 27, 2023

All those, however, pale in comparison to the capital at-risk banks have in their loan portfolios as a result of higher rates. Many of these loans were made in 2020 when rates plummeted during the pandemic. One only has to look at the current state of office commercial real estate (CRE) capitalization (cap) rates.

Lending 195

Lending US Marketing Capital 195

PYMNTS

AUGUST 17, 2020

The Federal Trade Commission recently filed a complaint against Yellowstone Capital, Fundry and their officers, alleging the merchant cash advance companies had been withdrawing funds from small business bank accounts. The FTC complaint also accuses the companies of deceiving mall business customers about their merchant cash advance products.

Fraud 237

Fraud Trends Security Report 237

PYMNTS

AUGUST 12, 2020

Since 2014, Mastercard’s Start Path “has invited more than 230 later-stage startups worldwide to participate in its six-month virtual program, providing technical guidance, operational support and commercial engagements within the Mastercard ecosystem,” the company said. Startups in this growing network have gone on to raise $2.7

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

PYMNTS

NOVEMBER 26, 2019

BitBay has announced that monero (XMR) will no longer be tradeable starting in February 2020. Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said.

Bitcoin 141

Bitcoin ATM Risk Management Compliance 141

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

MARCH 22, 2019

Small and medium-sized businesses (SMBs) are the lifeblood of many economies — Europe’s among them — and working capital is the lifeblood of SMBs. Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. One way to secure funding is to use invoice financing.

blockchain 162

blockchain social media Lending Security 162

Bank Activities

JUNE 28, 2022

Allice Bank has experienced a lending growth to more than £500 million, while deposits grew to more than £800 million during the first two years of its operations. In its latest round, Allica Bank secured a total of £55 million in debt and equity funding.

Capital 34

Capital Lending Security Fintech 34

PYMNTS

JANUARY 14, 2021

The pandemic drastically altered consumers’ shopping habits and retailers’ strategies for getting customers the items they needed during the 2020 holiday season. New threats are evolving all the time,” KP Brendel , director of marketplace operations at online thrift and consignment storefront Swap.com , said during an interview with PYMNTS.

Fraud 143

Fraud Miami Security Retail 143

PYMNTS

OCTOBER 23, 2020

To that end, as reported this week, DPCM Capital became only one of the latest special purpose acquisition companies (SPACs) to go public — continuing a “hot” trend that shows no signs of abating. Thus far in 2020, according to SPAC Insider , there have been 159 initial public offerings (IPOs) in the space, worth nearly $59 billion.

Capital 159

Capital Company Management Trends 159

CB Insights

NOVEMBER 30, 2021

The round drew participation from Index Ventures, FJ Labs, OMERS Ventures, and Moving Capital, among others. The company currently processes 300M+ tax transactions annually, and it has watched its revenue increase by 7x since December 2020. Fonoa , a provider of automated tax compliance tools, has raised $25M in a Series A round.

Taxes 36

Taxes Compliance Tools Company 36

PYMNTS

SEPTEMBER 13, 2016

The company also pointed to the spiking demand for cloud billing solutions, citing research from Agile Monetization Platform that found software is headed for a $102 billion market valuation in 2020. ” Fusebill’s announcement said the company has doubled its revenue every year since it launched operations in 2011.

Security 100

Security Software Trends Management 100

PYMNTS

AUGUST 20, 2020

. “We thoughtfully selected this diverse group with industry experts from across the full spectrum of the payments ecosystem including financial institutions, payment network operators, technology providers, and business end users,” said FPC Board Chair Michael Bilski in a statement. Visa Joins NACHA Pilot.

Groups 252

Groups Payments Survey Data 252

PYMNTS

JUNE 3, 2020

said in its filing with the Securities and Exchange Commission (SEC) that there’s “substantial doubt” about its ability to do business, bankruptcy is “probable” without seeking bankruptcy protection, and “it does not have ability to raise additional capital at this time.” The parent company of New York & Co. ,

New York 151

New York Retail Groups Survey 151

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