PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital.

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Payments Capital Online Meeting 300

Bank Innovation

JUNE 12, 2017

2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.

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Innovation blockchain Trends Capital 399

PYMNTS

DECEMBER 9, 2020

According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows. Technology today can automate a range of workflows surrounding a B2B payment, including invoicing, payment term management and payment processing.

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Innovation Fintech Cards Payments 297

Bank Innovation

FEBRUARY 16, 2017

Kahina Van Dyke, global director of commerce & payment partnerships at Facebook, will be a featured speaker at Bank Innovation 2017, which takes place in San Jose on March 6-7. Facebook has a market capitalization of $384.5 Van Dyke will participate in a fireside chat at the invitation-only event. Read More.

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San Jose Innovation Payments Capital 220

Bank Innovation

FEBRUARY 19, 2019

The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp.,

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Innovation Community Capital Fintech 240

Bank Innovation

AUGUST 5, 2016

Yesterday Capital One, a leader in digital banking, joined OATS (Older Adults Technology Services) in launching‘“Ready, Set, Bank: Online Banking Made Easy,’” an educational tool designed to increase online banking usage among older adults, enabling them Read More.

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Capital Online Millennials Tools 150

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper.

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Online Payments Millennials Apple 148

Accenture

AUGUST 20, 2019

Guest bloggers Emily Boese and Rom Mascetti explore why ISVs have plenty to gain and little to lose by adding payment acceptance into their existing software and applications. Merchant acquirers and other payment service providers have long provided merchants the tools they need to process payments.

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Software Capital Payments Analysis 150

PYMNTS

SEPTEMBER 19, 2018

A new report from Capital One examined this question, focusing on how technological disruption will affect its finances. ” the financial institution (FI) asked in its recent publication, “ Innovation in the Middle Market: Staying a Step Ahead of Disruption.” Where does the middle market fit in this spectrum?

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Capital Marketing Mobile Payments 134

Perficient

FEBRUARY 27, 2024

Online Payments and Embedded Insurance: Meeting Consumer Expectations In response to shifting consumer preferences, insurers are increasingly embracing online payments and embedded insurance solutions to meet evolving customer expectations and enhance convenience.

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Trends Industry Operations Customer Experience 221

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

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Innovation Video Course Meeting 245

PYMNTS

NOVEMBER 16, 2020

corporates, including tech (and beyond Big Tech), Joe Simons , chair of the Federal Trade Commission (FTC), indicated that roadblocks could be set up to stop some of the traditional means of growth and innovation. PYMNTS reported this year that the connected economy is seeing a tailwind from the emergence of online platforms.

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Innovation Regulation Online Report 288

PYMNTS

APRIL 12, 2019

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. Buckzy Payments.

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Capital Cards Payments Fintech 139

PYMNTS

OCTOBER 23, 2018

In addition, eCommerce shopping events, such as Singles Day , can bring in tens of billions in sales for Chinese eCommerce retailers, while online services like Scentbird are using the subscription model to sell designer fragrances. 29 percent: The percentage of voice-activated, connected device owners who use them to make purchases. .

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Innovation Data Payments Capital 186

PYMNTS

OCTOBER 2, 2020

The mergers and acquisitions, the deal-making, the funding and IPOs among payments players may be just getting started. Scan recent headlines and you’ll see that Equifax bought Ansonia Credit Data; Corsair Capital bought B2B payments solution provider MSTS, and OnDeck was bought out. to go public.

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Payments Innovation Capital Fintech 277

Bank Innovation

JUNE 27, 2016

Some of the shine seems to have come off fintech innovation in 2016. Startup valuations are dropping; once abundant venture capital is growing scarcer; marketplace lending has gotten bruised — even the self-proclaimed capital of fintech, London, faces an uncertain future with Brexit. Read More.

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Innovation Lending Capital Fintech 285

PYMNTS

DECEMBER 28, 2018

In B2B payments and corporate finance, it wasn’t only bank-FinTech collaboration that made headlines in 2018. Partnerships, joint ventures, as well as merger and acquisition (M&A) activity between banks, startups, payments firms, technology conglomerates and everyone in between became a popular strategy for tackling friction.

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Innovation Fintech Payments Management 184

Bank Innovation

FEBRUARY 15, 2017

This bank created an innovation lab, and that bank is launching a fintech team. But this other bank just started a blockchain focus group, and everyone else is investing in tech. Gone are the days when banks could afford to be “conservative” with new product launches and tech projects, which Read More.

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Innovation blockchain Groups Fintech 317

PYMNTS

JANUARY 14, 2021

In today’s top payments news around the world, Grab Financial Group said it has raised $300 million in a funding round, while the Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy. Flourish Ventures, Arbor Ventures, GGV Capital and K3 Ventures were some other investors in the round.

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Innovation Policies Groups Payments 138

PYMNTS

MAY 13, 2020

Online pizza delivery firm Slice was the beneficiary this week of a $43 million investment from private equity firm KKR & Co. This is leading to innovations in the digital space as sellers begin to eye creative means of catering to people who are very into delivery services right now.

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Online Capital America Course 133

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.

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Capital Online Cards Security 186

Bank Innovation

MARCH 6, 2017

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

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Innovation Online social media Operations 150

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted.

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Innovation Payments Apple Mobile 131

PYMNTS

DECEMBER 4, 2020

But for payments, the new year will dawn with a combination of disruption and innovation. But the pandemic has starkly illuminated the need for flexibility, especially in verticals where online spend has been strong and where commerce has shifted to online channels from brick-and-mortar foot traffic.

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Payments Innovation Online Cards 185

PYMNTS

APRIL 17, 2020

Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. Connecting Accounting to Payments. But it’s not the only use-case for open banking. Optimizing Business Lending.

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Innovation Data Fintech Lending 208

Bank Innovation

MAY 4, 2017

The division of the company responsible for providing loans to small businesses and Square sellers across its global network, Square Capital, processed more than 400,000 business loans for the quarter, for a total of $251 million. Overall, the payments […]. This is up 64% from last year.

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Capital Company Lending Payments 239

PYMNTS

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. Apica said it will use the funds to expand across the U.S. The company raised $2.5 SMB Lending.

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Capital Software Lending Online 162

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Innovation Bitcoin Fintech Industry 220

PYMNTS

NOVEMBER 9, 2020

As much as the pandemic has brought about sweeping lifestyle changes and demand for touchless commerce and payments, Dravenstott said COVID-19 has had surprisingly little impact on its business. And so it's a fairly capital intensive investment for us to make upfront, to manufacture and then install doors at that scale,” he said.

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Retail Innovation Video Chicago 277

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As But we at Citcon believe it will also be marked as the year that prompted stunning innovation across industries. That digital glue is payments.

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Retail Payments Online Marketing Strategies 211

PYMNTS

NOVEMBER 26, 2020

HSBC has launched its new HSBC Open Payments solution, which will enable companies to install alternatives to debit or credit for customers to pay for things, according to an emailed press release. The HSBC Open Payments application will let businesses connect their checkout pages with the customers' online apps or app-based mobile platform.

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Payments Mobile Fraud Innovation 228

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. In a recent announcement , the Singapore company revealed its BizPay solution, an online platform enabling businesses to use their existing commercial cards and converting their credit limit into working capital to pay suppliers.

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Cards Innovation Tools Capital 131

PYMNTS

JUNE 19, 2019

Disruption keeps hitting the travel industry, whether via digital payment or commerce, and the latest example of that comes from a U.K.-based Multiple Payment Struggles. As PYMNTS research has demonstrated , four out of 10 travel operators struggle to manage multiple payment service providers. Payments Cost.

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Innovation Industry United States Payments 152

Bank Innovation

APRIL 11, 2018

Enterprise blockchain provider Ripple has made a $25 million investment in blockchain startup, Blockchain Capital, the company announced today. The growth of Blockchain Capital’s fund, which is now hovering at $150 million, will help support entrepreneurs and startups in the space.

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blockchain Capital Company cryptocurrency 236

PYMNTS

MARCH 12, 2020

The company also set up a multi-million-dollar subsidy program to reduce operating costs and capital risks for their merchants, in an effort to help them get back to work safely and efficiently. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same.

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Innovation Policies social media Examples 283

PYMNTS

JUNE 13, 2018

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

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Capital Cards Delaware Payments 100

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

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