PYMNTS

JULY 30, 2019

A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people. Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. Capital One revealed the massive data breach in a news release on July 29, 2019.

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Capital Seattle United States New York 219

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

Capital Security cryptocurrency Fraud 175

PYMNTS

SEPTEMBER 22, 2020

For small, mom-and-pop retailers, complex or proprietary procurement platforms simply aren't in the cards. As such, online shopping for small retailers must be streamlined, efficient, and most importantly, secure. Visibility And Security. And we ascribe that to the credit card company offering net-30, plus points.".

Cards 235

Cards Capital Online Security 235

PYMNTS

NOVEMBER 30, 2020

Razorpay Co-Founder and CEO Harshil Mathur said the company is working with Visa on a new corporate card, according to YourStory. This new card is specifically designed for small business owners to weather the impact of COVID-19," the post stated.

Cards 254

Cards Resources Compliance Capital 254

PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release. Suppliers will have improved cash flows.

Cards 230

Cards Analytics Innovation Compliance 230

PYMNTS

JUNE 24, 2020

Now, in addition to car and personal loans on behalf of retail and institutional investors, Zopa will introduce savings accounts this week, to be followed by the addition of credit cards later this year. Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based million) to become a challenger bank.

Security 215

Security Capital Cards Report 215

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number.

Video 175

Video Capital Lending Security 175

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. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

PYMNTS

OCTOBER 5, 2020

Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,

Security 202

Security Bitcoin Capital Analytics 202

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. Virtual cards can improve accounts payable (AP) processes, benefiting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows.

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

OCTOBER 23, 2020

Leavitt , founder and CEO of Boost Payment Systems , told PYMNTS in a recent Masterclass that businesses large and small that have traditionally relied on the manual processes associated with writing checks or wiring funds to pay their suppliers are increasingly using commercial credit cards for payment instead.

Cards 207

Cards Payments Data Examples 207

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. India-based Xtracap secured $1 million in angel funding, YourStory reported. There was a nearly 20 percent drop in the number of deals solidified in the quarter, too.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

DECEMBER 10, 2020

Phalen, along with Conferma Pay CEO Simon Barker , recently spoke with Karen Webster about what today's finance chiefs need in a B2B payment solution, and how mobile-based virtual card technology can address end-users' demand for an optimal experience while also meeting CFOs' new requirements. Balancing Consumerization With Security.

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Security Mobile Meeting Payments 266

PYMNTS

MARCH 1, 2016

In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. 29) that it has brought on board Amazon’s former chief security officer, Tom Killalea.

Capital 100

Capital Security Data Software 100

Bank Innovation

MARCH 12, 2018

Capital One is making some improvements to its chatbot functionality, now allowing users to request and receive virtual account numbers from Eno, the bank’s virtual assistant. The update will allow the bank’s users to have quicker access to the temporary card numbers when online shopping, Capital One said.

Capital 186

Capital Online Cards Security 186

PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. She added that the cybersecurity unit’s total head count has risen over the past several years, explaining that “the Cyber Team is a net importer of talent within Capital One.”.

Security 168

Security Seattle Capital United States 168

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Traditionally, the benefits of card and check payments have resided on the buyer side of the equation at the expense of suppliers. The buyer uses a unique virtual card that is generated upon purchase approval.

Cards 234

Cards Payments Management Security 234

PYMNTS

DECEMBER 18, 2020

But it was a Bellevue, Washington-based beauty and wellness industry enterprise software firm that secured the largest funding this week, coming in at $160 million. The fundraising was headed up by Advent International via Advent Tech and Sunley House Capital, an Advent affiliate. landed funding rounds. CloudTrucks.

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Capital Company Washington Resources 192

Bank Innovation

DECEMBER 13, 2019

In this episode, Suman Bhattacharyya, senior editor, and Angely Mercado, associate editor, discuss the following news developments: Corporate card and financial product startup Brex’s marketing strategy; Inspired Capital’s recent investment in business banking platform Rho; and […].

Strategy 243

Strategy Branding Video Marketing Strategies 243

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.

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Capital Software Data America 164

PYMNTS

JULY 8, 2020

With commercial cards an increasingly popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. For others, commercial card innovation comes in the form of overcoming the adoption hurdle of a lack of supplier acceptance. InstaRem Expands BizPay.

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Cards Capital Innovation Payments 132

PYMNTS

FEBRUARY 27, 2019

Commercial card company Brex is rolling out a new card product designed to meet the specific needs of eCommerce businesses, the firm said in a press release Tuesday (Feb. When Brex first launched its initial commercial card solution last year, the company targeted technology startups. “Brex sees the world differently.

Cards 185

Cards Capital Software Meeting 185

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches. Nium Uses Cards For Credit.

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Cards Innovation Tools Capital 131

Accenture

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY).

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US Cards Capital Apple 150

PYMNTS

APRIL 15, 2020

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself in a position to support SMBs and their cash flow needs, too. Boost Finds A Surge In Corporate Card Interest. Visa Fuels Supplier Card Acceptance.

Cards 156

Cards Analytics Payments Management 156

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. As an industry, we misallocate capital. Securities add no long-term value while loans contribute about 10% ( HERE ) to value.

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How To Strategy Capital Lending 195

PYMNTS

DECEMBER 21, 2020

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp.

Cards 175

Cards Payments Tools Examples 175

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 23, 2020

Speaking with PYMNTS, Innes described how the virtual card is sometimes an optimal payment method to optimize payment flows and support the cash flow of both ends of the B2B transaction. The Virtual Card Value Prop. Providing Choice. As such, Innes emphasized the importance of optionality.

Cards 193

Cards Company Payments Industry 193

PYMNTS

JANUARY 11, 2021

financial services license, while Capital One has agreed to join Fiserv’s surcharge-free MoneyPass ATM network. Capital One Joins Fiserv’s MoneyPass ATM Network. Capital One has signed on to become part of Fiserv's surcharge-free MoneyPass ATM network. Plus, the Reserve Bank of New Zealand revealed on Sunday (Jan.

ATM 145

ATM Capital Digital Banking National 145

PYMNTS

MARCH 22, 2019

Singapore-based FinTech startup InstaReM , which enables banks and consumers to send money across borders , announced a partnership with First Data to assist businesses that issue corporate credit cards. In November, it raised $20 million in capital from investors.

Cards 209

Cards Data Fintech Security 209

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P.

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

JULY 29, 2019

Capital One announced that a hacker had accessed about 100 million credit card applications, as well as thousands of Social Security and bank account numbers. Fairbank, Capital One’s chairman and chief executive, said in a press release. “I Thompson, on a charge of computer fraud and abuse.

Cards 116

Cards social media Capital Seattle 116

PYMNTS

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says.

Capital 154

Capital ATM Analytics Report 154

PYMNTS

JULY 30, 2019

The security breach at Capital One that exposed 100 million credit card applications and thousands of bank accounts and Social Security numbers is rapidly seeing repercussions. . Also on Tuesday, a man affected by the Capital One breach filed a lawsuit against the firm. Reuters reported. Reuters reported.

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Capital Connecticut Washington social media 108

Gonzobanker

AUGUST 14, 2019

When most financial executives read the headline “Capital One Data Breach,” they had two thoughts: How is this going to impact the financial sector? In this case, information about Capital One ’s customers. The company issued employees an access card that determined where they could go within company buildings.

Capital 94

Capital Data Security Guidelines 94