PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. Trade finance technology startup CCRManager announced $2.12 There was a nearly 20 percent drop in the number of deals solidified in the quarter, too.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. The technology, which is a collaboration with PT Bank Central Asia, functions as a supplement to the GoBiz retailer super app.

Technology 240

Technology System social media Payments 240

South State Correspondent

JANUARY 30, 2024

Marketing and technology (IT) are two budgets that have taken the most significant hit. IT is spending as a percentage of revenue compared to years past, like 2019, when banks did not invest enough in IT, and 2020, when banks had to spend more than revenue growth allowed because of the pandemic. and 11.1%, with a median of 8.1%

Capital 195

Capital Operations Customer Experience Comparison 195

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. billion in loans had been approved.

Technology 195

Technology Lending Capital Meeting 195

Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. The presentation will occur on June 10 at 4:00 p.m.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

OCTOBER 30, 2020

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. 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

Technology 161

Technology Apple Payments Capital 161

PYMNTS

OCTOBER 24, 2019

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). In terms of innovation, Fairbank said, “We remain all-in on our technology transformation and our progress continues to accelerate.” billion, an increase of $1.7 billion, an increase of $1.5

Capital 101

Capital Cards Conference Customer Experience 101

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

Capital 298

Capital Regional United States Meeting 298

CB Insights

JULY 28, 2020

Willis Towers Watson’s Insurance Consulting and Technology provides a powerful combination of advisory services for insurance companies, integrated with leadingedge technology solutions and software that is underpinned by unparalleled analytical capabilities. The post Insurance Tech Q2 2020 appeared first on CB Insights Research.

Training 90

Training Strategy Capital Maine 90

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 90

Operations Policies System Regulation 90

PYMNTS

JANUARY 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser.

Nevada 180

Nevada Capital New York Groups 180

Jeff For Banks

NOVEMBER 4, 2022

Source: S&P Capital IQ for Banks-Savings Banks and Credit Unions between $1B-$10B in total assets. Credit Unions held an edge in the Cost of Interest-Bearing Liabilities until 2020 when their cost eclipsed that of Banks-SBs. Retained earnings is their least expensive form of capital. Or in the form of better technology.

Operations 78

Operations Analysis Capital Community 78

Perficient

SEPTEMBER 29, 2020

The world is quite a different place than it was six months ago, and with the 2020 holiday season fast approaching, the pressure is on to meet revenue goals in what’s been an uncertain year. There’s the experience, there’s the business operations, and there’s the technology and data that has to drive it.

Marketing 294

Marketing Branding Data Industry 294

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Regional Innovation 241

PYMNTS

FEBRUARY 27, 2020

Office Depot is changing tactics in 2020, leveraging its strength in catering to businesses, schools, healthcare organizations and government agencies. In Q4, Office Depot said, capital expenditures totaled $27 million. In the same quarter one year earlier, capital expenditures totaled $66 million.

Capital 151

Capital Retail Conference Technology 151

Insights on Business

APRIL 21, 2017

It is also an opportunity to implement technology that can facilitate change. However, traditional technology is not the answer. This is capital that cannot be deployed elsewhere or used to create value. Companies require cognitive systems that can learn and adapt.

Technology 156

Technology Compliance Regulation Training 156

PYMNTS

DECEMBER 28, 2020

Consumers, businesses and financial institutions (FIs) cannot wait to bid adieu to 2020, which has been one of the most trying years in recent memory. Vancity said it has agreed to collaborate with North Carolina-based nCino to implement the latter’s Bank Operating System, which will replace its 15-year-old network.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

DECEMBER 31, 2020

Like their cousins in banking, credit unions (CUs) long enjoyed a relaxed pace of technological change. A separate study found that 88 percent of credit unions surveyed in early 2020 planned to invest more in such technologies than they had over the previous year. It was all on their timetable. Not anymore.

Survey 235

Survey Arizona Innovation Innovation Strategies 235

PYMNTS

JANUARY 19, 2021

announced that it has completed its sale of Cost Plus World Market (CPWM) to Kingswood Capital Management. Those individuals have expertise in labor and deployment, operations and R&D. Assigned staffers will harness the coffee retailer’s simulation technology to find methods to accelerate vaccinations. The count of U.S.

Washington 141

Washington Retail Marketing Operations 141

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

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. billion in the first three quarters of 2020, which is 20 percent more than the same period in 2019. Companies that did get funding received only 0.9 percent of total monies raised. .

Fintech 288

Fintech New York Innovation Industry 288

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

SEPTEMBER 24, 2020

Amid the myriad challenges of 2020 — the pandemic, the wildfires, the hurricanes, the social unrest — the silver lining might be that firms of all sizes have learned to pivot, to serve their end customers in nimble ways. Similarly, he said customer operations (and robust data analytics) help pinpoint exactly what is important to merchants.

Analytics 293

Analytics Examples Trends Operations 293

PYMNTS

FEBRUARY 14, 2020

Restaurant management platform Toast unveiled a $400 million Series F funding round led by Bessemer Venture Partners, Greenoaks Capital, Tiger Global Management and TPG. Also participating were TCV, Durable Capital Partners LP, G Squared, Light Street Capital, Alta Park Capital, funds and accounts advised by T.

Community 168

Community Capital Industry Course 168

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. million in new funding for its technology targeting small businesses in the U.K. million in new funding for its technology targeting small businesses in the U.K. Digital Risks. Reports in Verdict.co.uk

Fintech 175

Fintech Capital Lending Report 175

PYMNTS

JUNE 22, 2020

nCino, which was founded in 2012, said it will use the proceeds of its stock sale to purchase additional office buildings, and may also use a portion to acquire, invest in or obtain rights to complementary technologies, products, services or businesses. . The company’s subscription revenues in fiscal 2020 were $103.3 million, or 74.7

North Carolina 150

North Carolina Capital Software Security 150

PYMNTS

NOVEMBER 4, 2020

International software and payments technology firm Epos Now has rolled out a significant partnership with American eCommerce firm BigCommerce , according to an announcement. Our customers must move to capitalize on the growing demand for online retail,” Epos Now Chief Growth Officer Barbara Staruk said in the announcement.

Payments 222

Payments Retail Online Software 222

PYMNTS

NOVEMBER 30, 2020

The new financing, a Series C round, is aimed at “accelerating” the growth of the company, building up its technological base and offering new products, per the release. The transaction highlights Arma’s “deep sector expertise in digital marketplaces and food technology,” Arma noted in the release. and the U.S. and the U.S.

New York 141

New York Capital Meeting Technology 141

PYMNTS

AUGUST 27, 2019

Menlo Park-based Enjoy Technology , the eCommerce startup led by Ron Johnson, former VP of retail operations for Apple, has raised an additional $150 million in Series C funding, TechCrunch reported on Tuesday (Aug. Prior investors include Riverwood Capital, Stamos Capital, Kleiner Perkins, Highland Capital and Oak Capital Management.

Apple 116

Apple Capital Technology Retail 116

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). trillion) in the year leading up to June 2020, according to WSJ. 1, and will have to apply for a license to do so.

Groups 161

Groups Company Regulation Lending 161

PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. For buyers, of course, there is the added capital float and opportunity to enhance spend visibility and control. Easing Cash Flow Pains.

Course 202

Course Cards Capital Payments 202

PYMNTS

DECEMBER 4, 2020

Fitzmaurice added that “the new [pandemic] era of operating a non-optimized back office will affect a business’ ability to make fast decisions, which, as we have seen over the course of the pandemic, is vital, given the difficulties with traditional forecasting techniques. Enterprises have been onto this for a while.

Resources 142

Resources Operations System Capital 142

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

AUGUST 17, 2020

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The executive also noted, “My role as CFO is to make sure that we are rethinking capital allocation for omnichannel [capabilities].”. percent of the U.S.

NV 160

NV United States Retail Resources 160

PYMNTS

JANUARY 18, 2021

Human resources (HR) technology company Personio landed $125 million in new and preemptive Series D funding in an investment round that provides the company with a value of $1.7 Each of Personio’s other existing investors took part in the round, including Picus, Global Founders Capital, Northzone, Lightspeed Venture Partners and Accel.

Software 191

Software Resources Capital US 191

Independent Banker

JANUARY 31, 2022

One of the harsh realities revealed by the flood of Paycheck Protection Program (PPP) money distributed in 2020 and 2021 is that many businesses and entrepreneurs in need of small-balance loans fell through the cracks. which operates $12 billion-asset OceanFirst Bank N.A. in Toms River, N.J. saw something similar. in Souderton, Pa.,

Lending 150

Lending Community Community Bank Compliance 150