PYMNTS

OCTOBER 14, 2020

Nuvemshop , a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. The four intended to start a new marketplace software product for the Latin America region.

America 215

America Regional Lending Online 215

PYMNTS

FEBRUARY 28, 2020

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. Banks like Bank of America, JPMorgan, Zions Bancorp and Huntington Bancshares have all been spending on technology upgrades.

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Capital ATM Customer Experience Cards 209

PYMNTS

AUGUST 6, 2019

billion, with investors like Tiger Global, Andreessen Horowitz, Peter Thiel, Elon Musk, Google’s venture outfit Capital G, Sequoia Capital, Kleiner Perkins and other notable names in the space. There’s a very rich ecosystem for us in Latin America.”. It’s a popular choice for venture capitalists, and it has a valuation of $22.5

America 165

America San Francisco Regional Capital 165

PYMNTS

SEPTEMBER 23, 2019

Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. We look forward to working with Bank of America to address critical market challenges and to expand the network’s reach and eco-system to a wider audience of corporate customers.”.

America 148

America Capital National Groups 148

PYMNTS

JANUARY 17, 2019

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

Capital 150

Capital America blockchain Regulation 150

PYMNTS

MARCH 6, 2020

Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. The fund will set its sights on FinTechs and financial organizations in Africa, Latin America, India and Southeast Asia.

Capital 141

Capital Fintech Meeting Washington 141

PYMNTS

JULY 3, 2020

We have deep dives on open banking adoption, subscription features, and news that Wirecard North America Inc. Wirecard North America Business Entity Up For Sale. Wirecard North America Inc., is up for sale. which is a separate firm from Germany’s Wirecard AG , is for sale , the firm announced Monday (June 29).

America 247

America Idaho Pennsylvania Ohio 247

Bank Innovation

DECEMBER 7, 2017

EXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.

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America Operations US Cards 218

PYMNTS

JANUARY 12, 2021

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. Delivery Hero operates in 50 countries in over 700 cities across Asia, Europe, Latin America, the Middle East and North Africa.

Capital 151

Capital America Strategy Management 151

PYMNTS

MAY 26, 2017

Bank of America is treading familiar ground for an big bank – Chase, Capital One and Wells Fargo have all made similar integrations with the likes of Intuit, Xero and Finicity. “We

America 158

America Data Security Strategy 158

PYMNTS

JULY 16, 2020

Bank of America reported Thursday (July 16) that that the number of customers using the firm’s mobile and digital platforms grew during the second quarter even as the pandemic raged. Bank of America also reported that sales and trading revenue rose 35 percent to $4.4 BofA said its provision for credit losses hit $5.1 billion for U.S.

America 144

America Mobile Cards Community 144

PYMNTS

JULY 19, 2020

Equifund CFP CEO and Founder Jordan Gillissie said the capital raising is being done to help the industry come into the new digital age. “We’re proud Drop Delivery has chosen to open its doors to early-stage investors with Equifund CFP.”

System 218

System Capital Payments Regulation 218

Bank Innovation

JULY 11, 2016

Capital One will be the fifth bank to go live with realtime peer-to-peer payments on the clearXchange network, it was announced this morning. Capital One 360 customers can currently receive realtime payments from other banks in the network, which now includes Bank of America, JPMorgan Chase, U.S.

Capital 150

Capital America Payments US 150

Bank Innovation

DECEMBER 11, 2018

Bank of America today announced new features to the billpay functionality of its mobile app, including allowing users to search payment history from up to two years ago. In an email this morning to its customers prompting them to download the mobile app (which the bank does on a regular basis), BofA also revealed a set […].

America 170

America Mobile Payments Capital 170

PYMNTS

MAY 11, 2017

Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process. Many of the world’s leading financial institutions now share this vision. small business customers.

Capital 164

Capital Software Data America 164

FICO

FEBRUARY 16, 2023

Forbes partnered with research company Statista for the America's Best Employers list, and respondents were asked to anonymously rate, on a scale of zero to 10, how likely they’d be to recommend their employer to others and to cite any other employers they’d also recommend. You can read the complete Forbes piece here.

America 98

America Wisconsin Minneapolis Leadership 98

PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. This new business further grows Citi’s existing relationship with Victory Capital. Asia and Latin America. With more than $21.7

Capital 115

Capital America Security Lending 115

PYMNTS

DECEMBER 10, 2019

Indian business-to-business (B2B) marketplace startup Zetwerk has raised $32 million in funding, led by new investors Lightspeed and Greenoaks Capital , reports said on Tuesday (Dec. Manufacturers on the platform export their goods to North America and Southeast Asia.

Capital 130

Capital America Strategy Company 130

BankInovation

APRIL 10, 2023

Bank of America is seeking to decrease user clicks in its CashPro banking platform with its launch of a new search function this month.

America 52

America Capital Management Payments 52

PYMNTS

MARCH 19, 2019

Santander InnoVentures, Santander Group’s global corporate venture capital fund, announced Tuesday (March 19) its appointment of Chris Gottschalk as a senior adviser to lead the $200M fund’s strategic direction in the U.S. portfolio companies a stronger entrance into North America. It also gives the fund’s non-U.S.

America 161

America San Francisco Fintech Capital 161

American Banker

SEPTEMBER 24, 2023

With a week left in its 2023 fiscal year, the Small Business Administration has already approved 12% more 7(a) loans than last year. Larger banks were among the biggest gainers as a result, according to the agency's latest data.

America 83

America Capital Data Lending 83

PYMNTS

JANUARY 7, 2021

7) that it was merging with publicly-traded Social Capital in an $8.6 The SoFi deal marks at least the third such transaction done by the Social Capital SPAC, Palihapitiya said in a televised interview on CNBC, adding that the deal was driven by the fact that banking infrastructure isn't currently meeting the needs of U.S. consumers.

Capital 150

Capital Los Angeles Boston Lending 150

American Banker

MARCH 27, 2024

The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.

America 73

America Community Capital Online 73

PYMNTS

JULY 12, 2018

and Tata Capital has rolled out a new lending platform in India. In other news, India’s Tata Capital has rolled out an online working capital platform for its customers, the company said. Tata Capital’s platform is developed in partnership with U.S. Coverage includes U.K.-based FinTech company Biz2Credit.

Capital 100

Capital US Fintech America 100

PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. This new business further grows Citi’s existing relationship with Victory Capital. Asia and Latin America. With more than $21.7

Capital 100

Capital America Security Lending 100

PYMNTS

MARCH 19, 2019

In November it raised $20 million in capital from investors. Proceeds from the funding round are slated for expansion into Latin America, where the firm plans to open an office. InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders , raised $41 million in venture funding.

America 160

America cryptocurrency blockchain Payments 160

Payments Dive

APRIL 20, 2022

Miami-based NovoPayment, the banking-as-a-service provider of digital payments and other services, is collecting capital for an expansion move in the U.S., just as its key business territory in Latin America is heating up as a destination for international fintech expansion.

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Miami US America Capital 195

PYMNTS

NOVEMBER 7, 2016

The stakes are high for businesses of all sizes, and the latest data on corporates in America makes that abundantly clear. ” He did note, however, that there could be some cause for concern with SMBs reporting a lack in their pursuit of aggressive growth strategies and working capital financing. That amounts to $28.9 26% of U.S.

America 186

America Fintech National Strategy 186

PYMNTS

DECEMBER 15, 2017

Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms of that pact, TSYS will continue to provide processing services for Capital One’s North American roster of accounts, a list that spans both consumer and commercial credit card accounts.

Capital 110

Capital Cards Risk Management America 110

PYMNTS

AUGUST 22, 2019

Federal prosecutors believe that the woman allegedly responsible for the Capital One hacking is a danger to society who needs to stay in prison while awaiting trial. Thompson is accused of stealing personal data on more than 100 million Capital One customers. The Capital One theft “was only one part of her criminal conduct,” the U.S.

Capital 108

Capital Seattle Data America 108

Bank Innovation

JULY 5, 2018

Bank of America has Erica, Capital One has Eno, Bank of Montreal has Bolt. Safe to say that most major banks are at least exploring the possibility of a virtual assistant, if they don’t already have one. And there is more to this virtual assistant than just the cool factor, for banks these chatbots improve […].

America 305

America Capital Online Innovation 305

Bank Innovation

APRIL 15, 2016

Bank of America Corp. needs to wait “a few months” for its clearXchange partners to catch up to it. The megabank’s CEO, Brian Moynihan, said yesterday that clearXchange was “a few more months” from “heavy” marketing of the P2P payments platform. The holdup? The other partners.

America 150

America Operations Marketing Payments 150

American Banker

OCTOBER 23, 2023

Brazil's PIX network has sparked a venture-capital boom in an otherwise down economy, including interest from U.S. investors.

America 83

America Fintech Capital Payments 83

PYMNTS

JANUARY 26, 2020

Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. Alcanza Capital and Bontu. There will be other leading venture capital firms from international waters also joining with SoftBank, though the press release does not list them.

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Fintech America Capital Regional 247

PYMNTS

AUGUST 9, 2019

SoftBank recently announced a $5 billion Innovation Fund solely focused on Latin America , and it has been researching startups in Mexico especially. Mexico is Latin America’s second biggest economy, but its startup sector is trailing Brazil and Argentina. SoftBank is working to change that. .

America 109

America San Francisco Meeting Regional 109

PYMNTS

MAY 25, 2018

Venture capital activity in the B2B space found software and data management firms securing funding. That round was spearheaded by Tenaya Capital, with additional investors including Bloomberg Beta and Flybridge Capital Partners. Funding will be used for growth across Canada and Latin America.

Capital 108

Capital Software California Data 108

PYMNTS

JUNE 26, 2017

Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters. He wouldn’t say how much interest the company would charge on the working-capital loans. . With the new feature, sellers that use Mercado Libre Inc.

Capital 108

Capital Big Data Analysis America 108