PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

Capital 175

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PYMNTS

APRIL 16, 2018

How do business travelers book business trips that meet their needs, while staying within corporate travel policies? Plus, these booking methods can be frustrating for travelers as well as administrators. As a result, Meir sought to build a better business travel booking experience.

Policies 100

Policies Examples Meeting Strategy 100

PYMNTS

AUGUST 23, 2020

Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing, sources told Bloomberg. There are two goals — to free up capital and to generate a steadier revenue stream from management fees, according to Bloomberg. According to Bloomberg the field is growing, though.

Capital 250

Capital Management Report Technology 250

PYMNTS

DECEMBER 13, 2018

Commercial card startup Brex, which recently secured funding that propelled it into unicorn status, is augmenting its platform with the introduction of corporate travel booking capabilities. ” “Startups have a disadvantage when booking corporate travel,” added TravelBank CEO Duke Chung in another statement.

Marketing 134

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PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Cards 245

Cards Apple Google Technology 245

PYMNTS

SEPTEMBER 2, 2020

The Montreal-based payment technology company was valued at $2 billion at the close of 2019. The lead underwriter for the offering is Goldman Sachs Canada in cooperation with book managers Credit Suisse Securities Canada Inc, BMO Nesbitt Burns Inc. and RBC Capital Markets. Nuvei Corp.

Payments 229

Payments Fintech Security Technology 229

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. and India, alternative small business lending technology company CreditEnable has revealed a $2 million seed round, according to Inc42 reports.

Security 204

Security Fintech Capital Management 204

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

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Gonzobanker

FEBRUARY 8, 2022

Rather, the difference could be seen in just how significantly technology disruption has slammed its way into bankers’ discussions regarding shareholder value. While the term “accretive to book value” is still the best bet for buzzword bingo at AOBA, the real talk centered around digital transformation and fintech disruption.

Fintech 166

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PYMNTS

SEPTEMBER 7, 2016

It’s been a rough road for card-linked offers. But as Karen Webster pointed out last year, these offers and promotions ecosystems have been around for years and raised a ton of capital but have failed to turn the heads of a critical mass of merchants or consumers to get traction. Thanks for booking at this hotel.

Cards 100

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PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. The funding is being earmarked to launch credit cards-as-a-service in the U.S. UK BaaS Railsbank Closes $37M Funding Deal To Support Growth. and elsewhere as the BaaS platform grows its global footprint.

Google 193

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PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Data Analytics Changes the Working Capital Management Paradigm. Data Analytics Changes the Working Capital Management Paradigm.

Online 148

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PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

Los Angeles 231

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PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. million in funding for its technology, reports said this week. Prime Venture Partners provided the investment, reports said.

Capital 108

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PYMNTS

DECEMBER 28, 2020

Solutions like commercial and virtual card products, for instance, assure buyers the ability to extend capital float while accelerating payment to vendors. It can indeed be a valuable tool, enabling corporate buyers to make a purchase without having to immediately let go of capital. New Payment Models Emerging.

Payments 203

Payments Fintech Innovation Cards 203

PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. In the case of accessing capital, the Federal Reserve ‘s latest analysis has suggested that small business demand for financing in the U.S. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

NOVEMBER 12, 2019

Bitcoin payments app Fold has announced that its users can now get 3 percent back in bitcoin when they book a stay and experience on Airbnb. Fold allows its users to buy gift cards for bitcoin with 3 percent cashback, currently offering $25 or $100 gift cards on its website. And the U.S.

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PYMNTS

APRIL 5, 2019

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. local time, as per National Automated Clearing House Association (NACHA) caps, as long as small businesses complete their booking or line of credit draw by 10:30 a.m. on a business day.

Capital 109

Capital Lending America Online 109

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Investors from IVP, Madrona Venture Group and Meritech Capital all joined the fold, while existing backers CapitalG and Sequoia Capital led the round.

Lending 193

Lending Capital Analytics Fintech 193

PYMNTS

JULY 16, 2018

The company is also committing a significant amount of incremental capital over the next several quarters to technology initiatives. Revenues were down slightly, accounting for a gain on sale recorded last tear on non-commercial cards, to $22.7 In the quarter, the average credit card outstanding balances stood at $93.5

America 105

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South State Correspondent

JANUARY 3, 2023

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years. These banks often have scale, efficiency, and a singular focus.

Community Bank 221

Community Bank Community Data Marketing 221

PYMNTS

MAY 3, 2019

To provide consumers with less expensive and more flexible booking options, eCommerce innovators are taking new approaches to hotel reservations. While the technology could allow consumers to save money on their trips, the platform isn’t all about the cost savings. For payments, the site accepts credit cards and PayPal.

Online 100

Online Innovation New York Marketing 100

PYMNTS

JANUARY 29, 2021

PayDirect, which builds on top of the open banking technology, is a new payment method that lets firms accept digital payments and also pay out to clients via the same rails. Cloud Speeds Cross-Border Card Issuance for Visa and TransferWise. Twice as Many Online Shoppers Believe Credit Cards Are More Secure Than Debit Cards.

Payments 139

Payments Apple Cards Security 139

PYMNTS

JULY 7, 2020

. “The travel industry is indeed very good in adapting to new technologies in general, and there are incredible players that are bringing innovations to the industry,” he said. “However, it is strange that in terms of payments, not much has been done in the last few years since the appearance of the virtual credit card.”

Industry 155

Industry Data Payments Innovation 155

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

Los Angeles 140

Los Angeles UX Cards FDIC 140

PYMNTS

MARCH 9, 2018

Index, which was backed by former Google CEO Eric Schmidt’s venture capital firm Innovation Endeavors, is well-known for its software for PIN pads that is able to read a chip card in under a second. “We really believe so much in the value of integrated technology,” said Stripe CFO Will Gaybrick.

Software 109

Software United States Google Online 109

PYMNTS

JANUARY 27, 2017

Commercial Cards. It’s not everyday that the B2B payments space sees innovation in corporate cards, but Spendesk, based in France, is giving the industry a little boost. TripActions offers rewards for employees when they remain under corporate budget, which can be used for things like Amazon gift cards. million raised.

Fintech 100

Fintech Cards Mobile Capital 100

PYMNTS

FEBRUARY 28, 2017

Banking giant JPMorgan Chase will look to invest more money in its credit card business, continuing a trend of technology initiatives focused on mobile in the mid-term while eyeing returning cash to shareholders. The cumulative spend on technology and marketing investments tied to this unit reached $1 billion across 2015 and 2016.

Community 100

Community Community Bank Cards Technology 100

PYMNTS

MARCH 30, 2020

Two-thirds (66 percent) of SMBs expected to see their revenues grow beyond — even well beyond — what they had booked in 2019. Even technology firms have been hit — with firms out of business, or at least not in business the way they once were, firms aren’t spending money. The Cash Flow Burden Shifts To The SMB Owner.

Maine 232

Maine Data Capital Study 232

Abrigo

FEBRUARY 27, 2020

Digital technology standardizes and automates many of the tasks causing the biggest headaches and delays for lenders and credit analysts. Book more loans with a faster turnaround. Digital technology standardizes and automates many of the tasks causing the biggest headaches and delays described in the survey. learn more.

Lending 243

Lending Survey Data System 243

PYMNTS

NOVEMBER 5, 2019

And during the post-earnings conference call with analysts, CEO Dara Khosrowshahi said that the firm will continue to leverage technology that helps users save money — but not necessarily through the discounting that had been a hallmark in the past. Gross bookings came in at $16.5 The take rate stood at 21.5 billion, up 29 percent.

Conference 100

Conference Leadership Capital California 100

PYMNTS

OCTOBER 23, 2018

Generally made of cork and full of 3×5 cards or homemade printouts, it was housed in libraries, diners, YMCA’s and coffee shops nationwide — wherever one headed when they had a service to list or needed to book a service. The firm has raised $3 million in Seed token sale funding from Pantera Capital and another $6.6

blockchain 184

blockchain Course Metro Capital 184

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 Training Lending 195

PYMNTS

JANUARY 6, 2020

ISOs sold terminals and card processing, mostly to brick-and-mortar merchants. Most people were still paying taxi drivers with cash, and if those drivers had POS terminals, they – hmm – weren’t working when you wanted to use a card to fund the ride. Chip cards didn’t exist in the U.S. billion of the 6.93

Innovation 176

Innovation Mobile Software San Francisco 176

PYMNTS

JULY 31, 2019

The image stems from about two or three centuries ago, when medieval superstitions were being seriously challenged by empirical thought, and the view has been reinforced countless times — even into the early 21st century if you look hard enough — by books, movies, TV shows and other methods of cultural communication. Whole Ecosystem. “If

Fintech 192

Fintech Innovation US Payments 192

PYMNTS

JULY 25, 2018

Instead, companies are embracing virtual card capabilities and, according to Snow, are widely linking their employees to a virtual card — even if it has a $0 balance — so they can proactively arm that worker with a way to spend company cash should they need it. billion a year, according to Chrome River Technologies.

Payments 120

Payments Fraud Cards Management 120

Bank Innovation

JULY 5, 2016

American Express is taking a page from Square’s book and launching an online platform for small business loans of up to $750,000 — but its main target may be banks. The news came today via Bloomberg, which reported funds could be available as soon as two days after loan approval. Read More.

Lending 199

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