PYMNTS

JUNE 3, 2020

SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. “This is our opportunity to remove those barriers for a new generation of founders.”

Minneapolis 132

Minneapolis United States America Capital 132

PYMNTS

APRIL 4, 2019

Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers. Current holders of Visa business debit cards will be given access to Bento’s financial solutions, including expense and spend management, budgeting and bookkeeping functionality.

United States 180

United States Management Cards Tools 180

PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise.

Video 130

Video United States Mobile Payments 130

PYMNTS

MAY 28, 2018

To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund innovation and research in tech startup projects across the region. According to Reuters , Europe has lagged behind the United States in developing new technologies. billion euros ($1.75

US 108

US United States Samsung Innovation 108

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Kibo added, “We love global companies with very capital efficient structures.”.

San Francisco 196

San Francisco Capital United States Big Data 196

Gonzobanker

AUGUST 24, 2023

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. In the first half of 2023, nearly half of the “checking accounts” opened in the United States were opened by digital banks and fintechs. 4) The creativity imperative.

Innovation 148

Innovation United States Industry Technology 148

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

JULY 22, 2019

has announced the launch of a venture banking and lending business to provide debt capital financing and commercial banking solutions to growth companies and their investors. Stifel offers senior secured loans up to $40 million for working capital and growth capital needs. Stifel Financial Corp.

Lending 100

Lending United States Boston Capital 100

Let's Talk Payments

JUNE 7, 2019

A growing number of new players in any industry is a sign of an expanding market and opportunities for innovators. Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. FinTech is not an exception here.

Fintech 107

Fintech United States blockchain Financial Technology 107

PYMNTS

FEBRUARY 4, 2019

Rover180’s affiliate partner, FreightRover , has also signed on to offer Vemity’s AI platform to clients in its supply chain management technology suite. “We pride ourselves on being at the forefront of innovation in the finance industry.

Indianapolis 174

Indianapolis Indiana United States Data 174

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

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

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Here In The States.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

MARCH 17, 2017

But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. The money flow — between, say, the United States and Mexico, or as remittances evolve in newly (almost) cashless India — may be embracing technology, but interactions between banks, wires and processors are still required.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

SEPTEMBER 20, 2019

The company is active in 1,000 areas across the United States and is focused on growing domestically, but has an eye for international growth in the future. The acquisition reinforces Clutter’s market leadership and expands Clutter services by offering a better experience for customers who need self-storage or on-demand storage.”.

United States 108

United States Leadership Capital Innovation 108

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. About The Playbook.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

AUGUST 8, 2018

JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures , the $9.5

United States 100

United States Fintech Community Innovation 100

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

OCTOBER 8, 2020

To be sure, the personal chef market is relatively small, where the United States Personal Chef Association ( USPCA ), a trade group, estimates that there are 5,000 to 6,000 personal chefs working across the U.S. – Angela Prather, membership and partnership manager of the trade group, told CNBC that the trend has been accelerating.

United States 213

United States Course Groups Software 213

ZootBlog

NOVEMBER 11, 2015

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. Keeping a bank in top shape means fostering innovation. Alternative lending platforms are providing capital to consumers more efficiently than traditional banks. Fintech Houses.

Innovation 60

Innovation Fintech social media Knowledge Base 60

PYMNTS

OCTOBER 9, 2017

Open banking looms in many corners of the world, mandated in some areas (think PSD2) while driven by market forces in others (here in the United States). Those risks would harm its reputation and even hamper market participants from “manag[ing] their legal obligations.”.

Fintech 188

Fintech United States Data Capital 188

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. For years, banks have enjoyed a low bar on CFO expectations around payment product sophistication and innovation. 2 Accenture Research on S&P Capital IQ data. percent between 2014 and 2016.

Payments 150

Payments Customer Experience Survey Capital 150

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

MARCH 24, 2017

Given that many large cities in the United States have increasingly become places for tech startups, it’s natural to see Chicago as one of the next tech centers. And, while it may seem like just another sleepy midwest town, the city is home to some of the largest tech companies in the United States, including Groupon and TrunkClub.

Chicago 114

Chicago United States Community Illinois 114

PYMNTS

SEPTEMBER 30, 2019

But many luxury trips can run aground without effective and innovative payment solutions to help travelers meet and manage associated costs. The luxury travel market is booming: The PYMNTS Luxury Travel Study found that luxury travelers from the United States spent $1.1 trillion on their vacations last year.

Payments 125

Payments Los Angeles Innovation Millennials 125

CB Insights

OCTOBER 5, 2017

Of these, the United States has taken the largest share of the world’s most valuable private companies, with 127 US-based startups reaching unicorn status since 2013. This year to date, China has been home to more than a third of unicorn births, closing in on the United States (at only 41%).

US 59

US United States Capital Company 59

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

Cards 131

Cards Technology social media Meeting 131

Abrigo

NOVEMBER 17, 2023

Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. FinCEN states, fraud is believed to represent the largest share of illicit proceeds in the United States.

Fraud 195

Fraud Training Trends Compliance 195

Independent Banker

AUGUST 31, 2022

When two executives at Woodforest National Bank noticed a dearth of affordable housing options in southeast Texas, they decided to do something about it, partnering with several housing and community groups to launch an innovative mortgage lending product aimed at underserved clients. By Aileen McDonough. Name: Woodforest National Bank.

Austin 91

Austin Texas Community National 91

PYMNTS

NOVEMBER 29, 2016

With more than 700 now in operation across the United States, small business accelerators are becoming increasingly crucial engines of the U.S. Startups often need the resources — including the capital, equipment and expertise offered by these organizations — to stay afloat in an increasingly competitive marketplace.

Portland 100

Portland United States Analysis Resources 100

PYMNTS

NOVEMBER 4, 2020

Had AB 5 remained, it could have forced the company to provide healthcare and other job benefits to millions of drivers around California and the United States in general. By passing Prop 22, voters removed a major cost and uncertainty from Uber’s business model.

California 162

California United States Company Maine 162

PYMNTS

FEBRUARY 1, 2017

In some ways, Belk department store is the last of a dying breed — and not just because it is a department store in the United States in the year 2017. Small and regional — outside of the Southeastern United States, most people haven’t heard of it. It’s even capitalizing on the department store drain that is ongoing.

United States 100

United States Kentucky Charlotte Branding 100

PYMNTS

JULY 4, 2018

Winnie – like so many tech innovations – started out as an attempt by its two co-founders to solve their own problems. They are a two-female founder team, still something of an anomaly in the Valley, where young men in their 20s still manage to snap up the lion’s share of the funding. million raised in late 2016.

Google 115

Google social media Community Capital 115

PYMNTS

MARCH 10, 2020

The rebranded Branch will use the financing to accelerate product development and distribution as its office furniture business expands its footprint and its innovative business model. Branch sells to individual consumers as well as office purchase managers. It does not work through traditional distribution channels.

United States 130

United States Course Groups Retail 130

Gonzobanker

SEPTEMBER 10, 2019

Third Time’s Finally the Charm for Temenos in the United States? While growing outside the United States for many years and mopping up on the international core system competition, the U.S. If the Kony acquisition is similar to Akcelerant and Avoka acquisitions thus far, disruption at Kony should be manageable.

United States 89

United States Texas Austin Kansas City 89

PYMNTS

MARCH 17, 2017

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. In this week’s Tech Center tracker, David Manela, manager and CRO of Fiverr , spoke with PYMNTS on how New York City is becoming a hot spot for tech. Want to succeed?

New York City 100

New York City New York Community Industry 100

PYMNTS

AUGUST 1, 2019

small hotel rooms are the rule, not the exception, and even here in the states the idea has been floating around since 1989 when the Microtel brand began first offering its half-sized, half-priced hotel rooms in Rochester, New York. In that sense it might be hard to pick them out as innovative as first glance.

Washington 109

Washington New York Millennials United States 109