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

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

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

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.

America 218

America Operations US Cards 218

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. It also found that just 16 percent of U.S. About The Tracker.

Online 272

Online Report Customer Experience Analytics 272

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

JANUARY 7, 2021

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity and avoids the uncertainty of the initial public offering (IPO) process, while leaving it better positioned to take on legacy banks. consumers.

Capital 150

Capital Los Angeles Boston Lending 150

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

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. Consumers who want to sell their cars via that platform reportedly seek an online price estimate. “If The latest news from SoftBank confirms the growth of used cars online.

Trends 115

Trends Online Report America 115

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

PYMNTS

AUGUST 9, 2019

The company is reportedly in talks with online used car site Kavak and FinTech Konfio, which aids small businesses in getting loans. . SoftBank recently announced a $5 billion Innovation Fund solely focused on Latin America , and it has been researching startups in Mexico especially. SoftBank is working to change that. .

America 109

America San Francisco Meeting Regional 109

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

PYMNTS

JUNE 28, 2018

Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Mexico suffers the most cyberattacks in Latin America, followed by Brazil, according to the latest analysis from the Wilson Center. Fraud is a Top Worry. But that may now change, he said. The Wider Costs of Cyberattacks.

America 102

America Security Miami Conference 102

PYMNTS

DECEMBER 16, 2020

Wish, founded in 2010 by former Google engineer Peter Szulczewski , has become known as a market for low- and middle-class shoppers, gaining it a reputation as an online dollar store, CNBC reported. s largest eCommerce marketplaces, which has become especially relevant as the pandemic has driven people to shop online more than they ever have.

Capital 234

Capital Online America Google 234

Payments Source

OCTOBER 28, 2020

Amid the global explosion of e-commerce and demand for digital money transfers, Visa is acquiring YellowPepper to help drive tokenization and real-time payments in Latin America.

Capital 104

Capital America Mobile Payments 104

PYMNTS

MAY 11, 2020

PayCargo Capital (PCC) is offering short term loans and credit lines to help its supply chain customers keep the cash flow going as the coronavirus pandemic continues to disrupt business as usual. . Transportation and cargo companies that do business with PayCargo in North America can apply for $25,000 to $2.5

Capital 141

Capital Florida America Online 141

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. For example, Trumid is an online trading platform providing corporate bond market professionals with direct access to liquidity.

America 101

America Lending Cards San Francisco 101

PYMNTS

JANUARY 22, 2021

Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser. That round was led by Tencent Holdings and joined by Tiantu Capital, Susquehanna International Group (SIG) and Kuaishou.

Nevada 180

Nevada Capital New York Groups 180

PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. The company has said that it is the first bank in Puerto Rico to offer digital services, ranging from business credit cards to working capital loans to SBA loans.

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

JANUARY 13, 2021

The demand for online payments has skyrocketed following the restrictions due to the effects of COVID, and as a company, we are well placed to provide businesses across the globe with the solutions they need and to get them up and running fast,” Rapyd Co-Founder and CEO Arik Shtilman said in a Wednesday (Jan. 13) press release. . “The

Fintech 178

Fintech Capital America Online 178

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

PYMNTS

JULY 24, 2020

“The health crisis could have significant long-term impacts on open banking development in Latin America, where most countries’ regulators are either revamping existing strategies or rolling out new ones,” according to the July Guide. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

APRIL 14, 2016

An online marketplace where clothing resale has gotten a financial shot in the arm. TechCrunch reports that Poshmark , which began as a site for the buying and selling of women’s fashion but has since expanded to also include brand new goods, has raised $25 million in a funding round led by GGV Capital.

Online 100

Online Branding America Capital 100

PYMNTS

DECEMBER 17, 2020

The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. The modification comes with a rise to the FILO Loan via a collaborative effort between Tiger Finance and Bank of America. million members.

Retail 141

Retail Pennsylvania America Capital 141

PYMNTS

DECEMBER 15, 2020

billion and gave it an implied market capitalization of $14 billion. Wish, which is based in San Francisco and was founded in 2010 by ex-Google engineer Peter Szulczewski, runs an online marketplace known largely for selling discounted items from China. Morgan Chase and Bank of America. This helped Wish raise $1.1

Report 235

Report San Francisco Capital America 235

PYMNTS

AUGUST 10, 2018

With a focus on small retailers, ShopX offers online commerce and supply chain management services with support for mobile access to its services. million in Series A funding, led by SignalFire (with participation from Bloomberg Beta, Hillsven Capital and UpWest Labs), Stampli said it plans to continue to scale and grow.

America 100

America Capital New York Software 100

PYMNTS

JUNE 26, 2020

Iain McNicoll , VP of Americas/SMB for payments platform Payoneer , recently told PYMNTS that eCommerce’s market share has risen to 27 percent from just 16 percent when the pandemic began. With this [change], we’ll see more competition in the online arena, with larger brands coming in and competing directly,” he said.

Retail 318

Retail Online Capital ATM 318

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In

United States 286

United States Regional America Trends 286

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

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

MARCH 29, 2020

Bigger lenders — JPMorgan Chase , Bank of America , Capital One and Santander — are pouring over various borrowing rules and making revisions, informed sources told the WSJ. Square and On Deck Capital are among the FinTechs planning to follow suit in the coming days.

America 198

America Capital Cards Lending 198

PYMNTS

JUNE 15, 2020

Inditex revealed what could be a blueprint for a novel online-offline model , while Ulta Beauty appears to be mulling the same strategy. 100: Approximate count of stores in North America and China that Guess plans to close over the next year. 44%: Share by which Inditex’s net sales fell in the three months from Feb.

Retail 150

Retail America Data Strategy 150

PYMNTS

AUGUST 7, 2019

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 Monashees Capital and Canary also invested in Volanty in this round after last year providing 19 million reais ($4.8 SoftBank launched a $5 billion Latin America fund in March, the largest investment of venture capital funds the region has seen.

America 119

America Regional Fintech Capital 119

PYMNTS

SEPTEMBER 23, 2020

Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. The round was led by D1 Capital Partners , and values the company at $1.75

Groups 194

Groups Branding Online America 194

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. The news reveals CEO Anthony Noto 's aspirations to go public after he succeeded SoFi Co-Founder Mike Cagney in 2018. SoFi was valued at $4.8

Report 269

Report San Francisco Lending America 269

PYMNTS

OCTOBER 9, 2020

13-14, online merchants in America and beyond are preparing for the earliest, most aggressive selling season ever. With more and more commerce going online, he said, it will also be increasingly important for sellers to process a higher number of returns and chargebacks and to quickly settle customer disputes.

social media 295

social media America Online Branding 295