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

Cards 116

Cards social media Capital Seattle 116

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Current investors from A91 Partners, MAJ Inevst, LGT Lightstone and Falcon Edge Capital also participated.

Capital 288

Capital Lending Cards United States 288

PYMNTS

AUGUST 15, 2019

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. And even some losses?

Apple 148

Apple Cards Analysis United States 148

PYMNTS

JANUARY 19, 2018

But digging a little deeper, American Express posted fourth-quarter results that topped expectations on the heels of higher card spend – and higher balances kept on those cards. Tied to the tax charge, capital ratios declined, and the company is suspending its share buyback to reflect the need to rebuild those ratios.

Cards 100

Cards United States Taxes Capital 100

PYMNTS

SEPTEMBER 22, 2020

In the absence of corporate travel and entertainment, as the road warriors stay (and work) at home, it may make sense that commercial card use would see a pause in the B2B space. But we’ve focused on finding new areas of spend for buyers to utilize their cards,” Leavitt noted. But in an interview with Karen Webster, Dean M.

Cards 133

Cards Payments United States System 133

PYMNTS

MARCH 10, 2020

Chinese business expense management startup Fenbeitong closed a $36 million Series B+ funding round led by Eight Roads, Ribbit Capital and Glade Brook Capital, according to reports on Tuesday (March 10). . million in a Series B round in July led by Bojiang Capital. The Beijing startup raised $12.36

United States 130

United States Capital Management Resources 130

PYMNTS

MARCH 31, 2020

Huaxing Capital subsidiary Huaxing New Economic Fund headed up the Series C+ round. A Huaxing Capital official called the company “an absolute leader in the industry,” per a translated statement. The investment money will be used to grow into new markets, such as the United States. In July, the company notched $12.36

Industry 144

Industry Capital United States Software 144

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. Kobe Bryant’s VC Firm Holds More Than $2B in Assets .

Cards 131

Cards Technology social media Meeting 131

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

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. Under the existing relationship, Brex has been able to issue World Elite Mastercard for Business commercial cards. BlueVine Business Banking.

Cards 101

Cards Payments America United States 101

PYMNTS

SEPTEMBER 16, 2019

The FinTech startup focuses on helping parents raise financially savvy kids using an app-based debit card that is managed by parents. We’re proud to support their growth and help them on their mission,” said Chris Olsen, a partner at Drive Capital who has joined the Greenlight board. The debit card features flexible parental controls.

Tools 112

Tools United States Capital Cards 112

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

MARCH 21, 2019

Marqeta, which is California-based and also works with payment cards for brands, is expected to close the round in a few weeks, although the numbers could potentially change. Marqeta has a bevy of products to offer, including virtual cards, real-time fund transfers and voice services for customers. billion, according to reports.

Payments 159

Payments United States California Cards 159

PYMNTS

APRIL 4, 2019

In a press release on Thursday (April 4), Bento announced its collaboration with Visa to integrate Visa’s business debit card into the Bento for Business platform. Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers.

United States 180

United States Management Cards Tools 180

PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Wells Fargo CEO Reorganizes Business Units.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

DECEMBER 17, 2020

GoCardless has landed $95 million in a Bain Capital Ventures-led Series F funding round. In addition, GoCardless will grow into eCommerce and roll out bank-to-bank payments as a less costly alternative to cards. Australian buy now, pay later (BNPL) company Openpay has officially rolled out in the United States.

Fintech 142

Fintech US Payments United States 142

PYMNTS

JUNE 26, 2017

Meanwhile, the Federal Reserve in the United States conducted its annual stress test and has revealed credit cards came in as the top area for bank losses. banks are losing from credit card fraud. $92 92 billion | Bank credit card loss predicted for 2016. $1 banks are losing from credit card fraud. $92

Data 100

Data United States Fraud Cards 100

PYMNTS

FEBRUARY 1, 2019

Going a bit further, the United States saw 10 percent growth to $466 billion, outpaced by the rest of the world at 16 percent to just over $1 trillion. billion cards issued, with 7 percent growth, the bulk of which — at more than 2 billion — were Mastercard cards. The remaining 496 million were Maestro cards.

United States 174

United States Cards Trends Regional 174

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

SEPTEMBER 29, 2020

It’s very difficult for a bank to justify [accounts receivable] AR financing that effectively puts capital at risk,” he said. Drilling down into the process, he offered the illustration of a smaller exporter — in this case, fruit — whose end customers might be some of the larger superstore retailers in the United States.

United States 286

United States Regional America Trends 286

PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Like their love of BNPL. percent of millennials have them, as do 88.8

Millennials 256

Millennials Report United States Study 256

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

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. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

APRIL 3, 2019

In addition to the new funding, the firm said in a separate press release that it is rolling out its collaboration with Mastercard, which will integrate its virtual card technology into the Bill.com platform, enabling businesses to pay their invoices via virtual cards.

United States 183

United States Cards Security Resources 183

MyBankTracker

JULY 17, 2020

If you have student loans, you can build credit by making your monthly payments, but another great way to building credit is with a student credit card. Many lenders offer cards that are easy for students to qualify for and that comes with nice perks. Some credit cards charge an annual fee if you want to keep the account open.

Cards 52

Cards Capital Study United States 52

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

SEPTEMBER 10, 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.

San Francisco 101

San Francisco United States Capital Mobile 101

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

JULY 27, 2020

The investor was TSG Capital Partners, according to TechCrunch. Revolut was launched in 2015 by issuing prepaid debit cards that let customers conduct transactions in multiple currencies without incurring additional fees. The company recently expanded into the United States.

United States 140

United States Leadership Risk Management California 140

PYMNTS

OCTOBER 22, 2020

That] keeps them from getting in trouble with the card brands, and obviously avoids the significant costs that come along with fighting, investigating and resolving chargebacks. s struggles toward universal adoption in the European Union is reminiscent of EMV chip cards’ rise — a similar journey that aimed to solve a different fraud problem.

Fraud 221

Fraud Online Security Cards 221

PYMNTS

JUNE 4, 2018

After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. The company, which has 400 employees worldwide, currently offers almost 2 million users a debit card, along with a mobile app to help make it less expensive to send money. this summer. In a press release, the U.K.

California 137

California US United States New York 137

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

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

OCTOBER 1, 2019

The big uptick in losses corresponds to an uptick in the cost of sales, which is up 247 percent, according to Revolut – mostly pushed by a rise in costs to card scheme charges as well as user acquisitions. The capital infusion is sought as Revolut attempts a five-nation expansion to include Singapore, Japan and the United States.

United States 109

United States Maine Compliance Cards 109

PYMNTS

NOVEMBER 12, 2019

The Fold Kickbacks program, which supports bitcoin’s second layer Lightning Network, features big retailers including Amazon, Starbucks and Uber in select countries such as the United States, Australia, Canada, Ireland, Mexico and the United Kingdom. And the U.S.

Bitcoin 102

Bitcoin blockchain United States Cards 102

PYMNTS

SEPTEMBER 20, 2018

He spoke with Karen Webster about the P2P landscape in China and why having an IPO in the United States is about much more than just capital (hint: it’s about reputation and pride). X Financial offerings include a balance-transfer credit card product and an unsecured, high-credit-limit loan product.

US 166

US Lending New York Cards 166

PYMNTS

JANUARY 30, 2020

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 In the conference call with analysts after results were announced, CEO Alfred Kelly said that in the quarter, holiday spending was similar to what had been seen in previous years in the United States.

Payments 229

Payments Conference Cards United States 229