PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank Is Doing to Drive Virtual Card Adoption. Managing Spend in a Sector Where Unplanned Expenses Are the Norm.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

NOVEMBER 4, 2019

Earnings season is upon us, offering insight into business spending among payment network giants such as Visa , Mastercard and WEX — across cards and, of course, cross-border payments. In the Mastercard results late last month, management said it had seen growth across credit, debit, prepaid and commercial spending.

Cards 101

Cards Payments America United States 101

PYMNTS

SEPTEMBER 5, 2019

5) the launch of Stripe Capital to simplify the way internet companies can access funds. It remains difficult for online businesses to get access to capital. Stripe Capital makes it easy for internet businesses to get the funds they need when they need them,” said Will Gaybrick, Stripe’s chief product officer.

Online 152

Online Capital United States Company 152

PYMNTS

APRIL 3, 2019

.” Bill.com said in its press release that it is approaching three million customers, and currently manages more than $60 billion in annual payment volume. “With the partnership with Bill.com, we can bring the benefits of virtual cards to hundreds of thousands of smaller enterprises in the United States. .

United States 183

United States Cards Security Resources 183

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. It’s very difficult for a bank to justify [accounts receivable] AR financing that effectively puts capital at risk,” he said.

United States 286

United States Regional America Trends 286

PYMNTS

JANUARY 29, 2020

29) that showed increased spending on cards and across borders up double digits. Management expressed confidence about continued uptake of new payment flows such as with instant payments, and contactless payments in card-present situations. billion, and Mastercard said card growth was 5 percent to 2.6

United States 133

United States Cards Trends Conference 133

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. Behind Sysco’s Spend Management Switch To Cards. Trackers and Reports.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

JULY 27, 2020

Australia and Singapore … rolling out Revolut’s banking operations in Europe … strengthening risk management and compliance … multiple new product launches … $580m in new equity … and customer base up around 2.5x!” The investor was TSG Capital Partners, according to TechCrunch.

United States 140

United States Leadership Risk Management California 140

PYMNTS

APRIL 25, 2019

“We’ve helped merchants successfully build and grow their online stores for 14 years, and now we’re the best partner to help entrepreneurs capitalize on the huge opportunity of in-person selling,” Craig Miller, chief product officer for Shopify, said in a press release.

Retail 122

Retail United States Branding Cards 122

PYMNTS

JANUARY 17, 2020

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. The company already has scale, having integrated with 15,000 financial institutions in Canada and the United States and recently made forays into Ireland and Spain.

Company 132

Company Payments social media United States 132

PYMNTS

OCTOBER 24, 2019

Business management cloud solutions simPRO announced that it is partnering with Square to provide payment processing options to field service professionals, according to a press release. Founded in 2002, simPRO secured $31 million in growth capital in 2016 as part of an aggressive product innovation and expansion strategy.

Payments 100

Payments United States Leadership Regional 100

Bank Innovation

MARCH 7, 2018

In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

San Francisco 236

San Francisco Fintech United States Marketing 236

PYMNTS

NOVEMBER 20, 2019

Through City Possible — Mastercard’s global network for urban co-development — city leaders shared that capital to improve critical infrastructure is one of their biggest concerns. . Contactless ticketing cuts expenses by at least 30 percent but limited budgets make it hard for agencies to come up with the initial capital.

United States 101

United States System New York Risk Management 101

PYMNTS

AUGUST 6, 2019

The funding will help Klarna continue its rapid rise in the United States market, where it is currently growing at an annual rate of six million new consumers. Commonwealth Bank of Australia, Merian Chrysalis Investment Company Limited, Första AP-Fonden (AP1), HMI Capital LLC, IPGL, IVP and funds and accounts managed by BlackRock. ?This

San Francisco 108

San Francisco United States Fintech Capital 108

PYMNTS

JANUARY 30, 2020

However, management noted on the conference call following results that volumes were up 10 percent, excluding the impacts of China and the U.K. Total cards were up one percent, while processed transactions continued a year over year pace seen earlier in 2019, at 11 percent, to 37.8 Net revenues of $6.05 billion transactions.

Payments 229

Payments Conference Cards United States 229

PYMNTS

JUNE 26, 2018

CashShield , an online fraud management solution for mid- to large-sized enterprises, announced Tuesday (June 26) it raised $20 million via a round of fundraising. According to a press release , CashShield said the Series B funding round was led by Temasek and GGV Capital. Temasek is a first-time investor, noted the company.

Fraud 108

Fraud United States Online Capital 108

PYMNTS

JANUARY 10, 2020

For now, at least, tensions between the United States and Iran have been dialed down a bit, if only in terms of missiles and firepower. Headed into the new year, gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen.

United States 141

United States National Data New York 141

PYMNTS

MARCH 12, 2020

In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. However, the report notes that the USPS may not have the expertise or capital to enter those markets. Quick: Who’s the biggest retailer in the U.S.?

Retail 169

Retail US Survey Examples 169

PYMNTS

MARCH 12, 2019

Amid its increasing penetration into the gig economy as a preferred method of payment, PayPal announced today (March 12) that it is offering Instant Transfer to bank for qualified individual and business customers in the United States, with an eye on international expansion “in the near future.”. Australia, Italy and Spain.

Cards 191

Cards Capital Survey Payments 191

Gonzobanker

AUGUST 24, 2023

One bright spot for the banking industry is Americans’ rising appetite for credit card debt. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however. 4) The creativity imperative.

Innovation 148

Innovation United States Industry Technology 148

PYMNTS

JUNE 19, 2019

million in fresh funding, capital that will go toward “a B2B offering (that allows) individual travel agents at large online travel management companies and tour operators to offer a ‘seamless travel experience’ to their end customers, making the booking experience simpler, faster and cheaper.”. based startup called Duffel.

Innovation 152

Innovation Industry United States Payments 152

PYMNTS

MARCH 2, 2016

Cash flow management can mean life or death for small to mid-sized businesses. The key is to manage invoices — both the ones that are coming in demanding payment and the ones that are going out demanding, well, payment. Features that come through that suite include expense tracking and project management.

Software 100

Software United States Capital Management 100

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. This statistic is emblematic of a larger problem in the world of B2B payments. Around The BaaS World.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

JUNE 28, 2018

“Many of the international visitors attending this summer’s tournament have never been to Russia before,” said Visa’s Russia Country Manager Ekaterina Petelina in a statement. Within the host cities, Moscow saw the highest amount of tourist spending: The country’s capital saw 1.7 billion rubles — or $26.9 million — of purchases.

Payments 129

Payments United States Conference Examples 129

PYMNTS

MAY 29, 2018

Senators on Capitol Hill in the United States have debuted a bill that seeks to hasten payments to smaller vendors from the Department of Defense (DoD). Enzi has noted that payments made with speed are a necessary component of managing cash flow. That’s a marked change from the 30-day terms currently in place.

Payments 100

Payments Wyoming Maryland United States 100

PYMNTS

OCTOBER 23, 2018

have capitalized on a sea change in how we pay. based merchants sell across borders, but that percentage lags behind other nations such as Germany and the United Kingdom, where half of merchants that sell goods and services online do so across borders. In eCommerce, the readiness is all, to steal a line from Shakespeare. percent today.

Payments 164

Payments Regional Online America 164

Accenture

MAY 22, 2019

I am excited to have Tim O’Donnell join our Payments team as a managing director and draw on his insights in developing this blog. Companies are moving cash off the balance sheet and investing in areas like wages, capital expansion and innovation. No cash, check or credit card required. percent between 2014 and 2016.

Payments 150

Payments Customer Experience Survey Capital 150

PYMNTS

APRIL 24, 2017

And hackers have managed to hit about 1,200 InterContinental Hotel locations in the U.S. — and yes, this looks like card data breach. For a time, it seemed as though the brand might be going public, but plans have apparently changed in light of the changing state of brick-and-mortar retail in the U.S. Ready to jump in?

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

AUGUST 21, 2018

That’s the amount that Klook — a startup based in Hong Kong, which focuses on the travel industry — raised in funding earlier this month, eyeing a continued push into the United States and Europe. With the merchant solutions, efficiency of their daily operations and booking fulfillment[s] are optimized,” Liu told PYMNTS.

Regional 103

Regional United States Capital Mobile 103

PYMNTS

JUNE 9, 2017

Sure, there’s the occasional rent check or the $100 birthday check from Great Aunt Sue, but for the most part, the debit card put a fork through the heart of the consumer’s appetite for writing paper checks. In the world of consumer payments in 2017, seeing a paper check out in the wild has become a genuinely rare event.

Payments 122

Payments Cards Tools Management 122

PYMNTS

MARCH 1, 2016

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

Operations 100

Operations Strategy United States Regional 100

Celent Banking

NOVEMBER 17, 2015

In the US, small business customers get bounced around like Goldilocks—they are too small to be of interest to commercial relationship managers and too complex to be easily understood by retail branch staff. After all, in the United States small businesses comprise 99.7% of all firms.

Report 100

Report FDIC Lending Fintech 100

PYMNTS

SEPTEMBER 12, 2016

While it’s not hard to foresee the CFPB fining a bank in any given week, the fact that one of the biggest banks in the country had employees creating scores of fake credit card and bank accounts was something that was hard for anyone to truly predict was in the offing. Well, no one but maybe Amazon. Need to know more?

Bitcoin 100

Bitcoin Video Guidelines Policies 100

PYMNTS

MAY 3, 2019

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

Retail 100

Retail St. Louis San Diego Los Angeles 100

Jeff For Banks

DECEMBER 12, 2015

Aside from interest rate risk, vendor management is high on the list. Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. There are frictions to having access to peoples' money in the United States. Bank examiner focus moves in waves. Legit question.

Fintech 60

Fintech Capital Cards Bitcoin 60

Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

Innovation 15

Innovation Fintech Online Mobile 15