Bank Innovation

MAY 18, 2018

billion acquisition of Swedish small business commerce platform iZettle will boost its presence in 12 markets across European and Latin America, particularly in the physical retail space. PayPal’s $2.2 The move highlights the increasingly overlapping businesses of PayPal and Square, of which iZettle is a competitor.

Retail 186

Retail America Marketing Capital 186

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

JANUARY 19, 2021

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. announced that it has completed its sale of Cost Plus World Market (CPWM) to Kingswood Capital Management.

Washington 141

Washington Retail Marketing Operations 141

Bank Innovation

SEPTEMBER 14, 2018

Banks and fintech ranked artificial intelligence and machine learning as their top innovation priority, according to a Bank Innovation survey. Bank Innovation asked people in the banking and fintech community to list what’s top on their innovation wish list.

Innovation 186

Innovation Survey Fintech Community 186

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. He will report to Barry Rodrigues, CEO of cards and payments, and Richard Haworth, CEO of the Americas business.

Capital 100

Capital Cards Delaware Payments 100

Bank Innovation

JULY 17, 2018

Banking consumers take a middling view of today’s mobile banking applications, according to a study by Bank Innovation. In the survey conducted this month by Bank Innovation, banking consumers gave mobile banking a net promoter score of 12, which is in the bottom 25% to 50% of all NPS scores.

Innovation 210

Innovation Mobile Study Survey 210

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

AUGUST 9, 2017

In a new report released this week, Proactis found that for the restaurant, grocery and retail industries across North America, there are a few hurdles that industry professionals acknowledge when it comes to boosting procurement and overall company performance. But human capital is essential to making these criteria a reality.

Capital 101

Capital Resources Survey Industry 101

PYMNTS

SEPTEMBER 28, 2020

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Kibo added, “We love global companies with very capital efficient structures.”.

San Francisco 196

San Francisco Capital United States Big Data 196

South State Correspondent

MARCH 28, 2024

The Biden Administration “Investing in America” agenda continues with many programs opening in June of this year. The various programs are wide ranging, complicated, and impactful which is why now is an excellent inflection point to provide financial advisory to both your retail and commercial customers.

America 195

America Strategy Taxes Community 195

PYMNTS

MARCH 9, 2017

Burkhart will be one of many innovator CEOs on Innovation Project’s The Future Meets The Present Right Now: Can Retail Keep Pace? Skyler Fernandes and current Proudwork CEO — former Rakuten.com CEO — Fumio Kobayashi to discuss the rapidly resetting world of retail — and what merchants can do other than just “going digital.”.

Retail 101

Retail How To User Experience Innovation 101

PYMNTS

OCTOBER 23, 2018

In a press release , Visa said the investment will go to help Conductor expand its products and to accelerate innovation in payments. Conductor, which has been backed by Riverwood Capital since 2014, is a key technology processing platform for retailers, banks and other companies in Brazil, according to the press release.

Company 128

Company Payments America Regional 128

Bank Innovation

OCTOBER 17, 2018

Just ask Bank of America, whose Erica crossed 3.5 million users, or Capital One’s Eno which claims to have one of the highest user ratings and can even communicate with consumers through text outside the banking app. Virtual banking assistants seem to be all the craze lately.

America 150

America Capital social media Online 150

PYMNTS

FEBRUARY 25, 2019

His main exposure to the payments industry was using his Bank of America debit card to pay for things at the store. The iGen product was sold — and loaded with funds — at convenient retail locations around college campuses and upper middle-class neighborhoods. However, though Streit had built it, they didn’t come. What’s Next.

Innovation 137

Innovation Cards Maine Online 137

Celent Banking

SEPTEMBER 30, 2015

In Latin America two chilean start-ups were the winners: Destacame.cl , aiming to financial inclusion by creating a credit scoring based on utility payments; and Bitnexo which enables fast, easy and low cost transfers between Asia and Latin America, using Bitcoin. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

OCTOBER 5, 2018

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9 Investment Shift.

Apple 197

Apple Colorado Capital America 197

PYMNTS

FEBRUARY 20, 2020

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. We’re focused on capital efficiency,” he noted. “We 500 list of the fastest-growing private companies in America.

UX 210

UX Retail Technology Mobile 210

Bank Innovation

MAY 9, 2019

We are hiring in North America and raising growth capital at the moment,” Mitchell […]. Payments software provider Episode Six will launch in the U.S. soon, according to its co-founder and CEO John Mitchell.

New York City 170

New York City New York America Software 170

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

NOVEMBER 22, 2019

VTEX has been around since 1999, but it hasn’t had the need to raise a significant amount of capital thus far, mostly operating off of its own revenues. . The funding round is significant because its one of SoftBank’s bigger investments with its Innovation Fund, which is targeted specifically to Latin American companies.

Software 108

Software America Regional Tools 108

PYMNTS

DECEMBER 27, 2019

Retailers are designing brick-and-mortar spaces around experiences to attract and keep customers. Chinese eCommerce retailer JD.com , in one case, has just rolled out its inaugural SEVEN FUN lifestyle space in Galaxy SOHO in Beijing. Sales increased 2 percent to 4 percent in the Americas. From Wegmans to 7Fresh and the U.S.

Retail 132

Retail Innovation Comparison Meeting 132

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Lending Training 195

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. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 10, 2016

In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed. It looks like it’s no harm, no foul for Apple. Hackers Go For Gold In Rio.

Innovation 100

Innovation Apple social media America 100

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. What’s not guesswork is that innovation has been steadily increasing in this space. The latest evidence of that comes via Japan-based SoftBank. Used Vehicle Trends.

Trends 115

Trends Online Report America 115

Bank Innovation

OCTOBER 29, 2018

During these calls, most of these FIs talked about technology and innovation in some form or another. While some like Capital One, whose's CEO Richard Fairbank remained vague about what's […]. Earnings season is almost over, and in the last two weeks most of the big banks and many other FIs had their quarterly earnings calls.

Trends 150

Trends Innovation Capital Technology 150

PYMNTS

MARCH 11, 2020

Jim Gehr, President, Retail at DHL Supply Chain North America, said in the announcement, “The agreement with Locus Robotics further enables us to bring productivity-enhancing technology to our customers quickly, so they are well-positioned to capitalize on new and emerging opportunities.”.

America 130

America Analytics Software Strategy 130

PYMNTS

AUGUST 2, 2019

In this latest edition of the PYMNTS Weekender, coverage includes the latest on the Apple credit card , the race to create an everyday app, a deep look at meal kit retail as Blue Apron turns seven and the latest big twist in subscription commerce. Hacker Arrested in Capital One Breach Affecting 100M+. Veterinary care in the U.S.

Apple 115

Apple blockchain Data Retail 115

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JANUARY 27, 2021

Minna co-founders and CEO Joakim Sjöblom and Chief Operating Officer Jonas Karles told PYMNTS that getting a better handle on subscription spend can be done through retail banking channels, boosting financial institutions’ own revenue streams. But he noted, too, that retail banks have a significant amount of trust placed in them by end users.

Management 181

Management Technology Cards Retail 181

Bank Innovation

MAY 29, 2019

One year after the launch of Bank of America's AI-powered digital assistant Erica, customers are starting to get comfortable turning to it for reports on their spending activity and for day-to-day tasks like paying bills and peer-to-peer payments. In fact, the bank said Erica's user base surpassed 7 million users this week.

America 210

America Report Payments Groups 210

Abrigo

APRIL 28, 2016

To be American is to have the freedom to innovate, take risks, create, transform and put in the hard work that has led to the successes – and failures – that define human progress. America is one of the few countries that gives entrepreneurs a seat at the President’s cabinet table. From May 1-6, the U.S.

National 150

National San Jose Los Angeles United States 150

PYMNTS

MAY 25, 2018

Rover , the world’s largest network of pet sitters and dog walkers, has announced that it secured $125 million in new capital. Other key investors include Winslow Capital and Cross Creek, while existing shareholders TCV , Greenspring Associates and Spark Capital also participated. The funds and accounts were advised by T.

Capital 100

Capital America Company Industry 100

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

JULY 27, 2018

Cross-border B2B payments company Flywire secured $100 million in funding this week, led by Temasek, while existing backers Bain Capital Ventures and F-Prime Capital Partners also participated. The company’s platform attracted $14 million in Series B funding from investors this week, led by Jump Capital.

Payments 101

Payments Capital Security Management 101

Bank Innovation

APRIL 2, 2019

The bank wants to increase its representation in entry-level analysts and associates in the Americas to 50% for women, 11% for black employees and 14% for Latino employees, based on an email to employees from CEO David Solomon, President John Waldron and […].

America 170

America Fintech Operations Capital 170