PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., as well as the launch of the Flex by Finaxar initiative from Finaxar.

Cards 130

Cards Innovation Management Fraud 130

PYMNTS

NOVEMBER 6, 2018

Innovation Challenges. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S. and Europe, which are often left to take lessons from payment advances in the Asia-Pacific region. Innovation Willingness. Where is that spark for innovation coming from?

Innovation 177

Innovation Payments Industry Study 177

PYMNTS

JULY 31, 2019

As PYMNTS readers know, the role and appeal of FinTech is increasing significantly as consumer demands rapidly change, and technology and regulatory efforts encourage further innovation in digital payments and global transactions. Success has already come from other parts of the globe, he said — specifically, from the Asia-Pacific region.

Fintech 192

Fintech Innovation US Payments 192

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The region is also home to an active and fast-growing startup scene. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016).

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

JANUARY 21, 2020

Adeeb Ahamed, managing director of LuLu Financial Group , which is headquartered in Abu Dhabi, said the collaboration with MoneyGram “will revolutionize” how remittances are handled in the Asia-Pacific region, “changing the way people approach digital transactions.”. ” Launched in 2009, Lulu Money has five million users processing 1.1

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Regional cryptocurrency System National 250

PYMNTS

JUNE 16, 2017

Careem, a transportation startup that is in 80 cities across the Middle East, has reportedly raised $150 million, closing a Series E venture capital funding round with $500 million raised. Daimler, the German car maker, DCM Ventures and Coatue Management also participated in the round of venture capital investing.

Capital 100

Capital Regional Leadership Innovation 100

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Regional Innovation 241

PYMNTS

FEBRUARY 8, 2019

The Center will be set up for artificial intelligence-focused computer chip research, development, prototyping, testing and simulation, and help solidify the region as a global hub for research and development. IBM will also expand and extend its partnership with SUNY Poly for the Center for Semiconductor Research (CSR). “AI

New York 191

New York Regional Innovation Capital 191

PYMNTS

DECEMBER 28, 2018

This strategic acquisition allows Visa to offer a more comprehensive business solution to our corporate clients that is innovative, global, highly configurable and intuitive for their employees.”. We keep seeing firms wanting to go faster and move to scale, and really needing to be able to collect and process payments in new regions.”.

Innovation 184

Innovation Fintech Payments Management 184

PYMNTS

JANUARY 19, 2018

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. What’s next for automaker-backed venture capital firms? Ridesharing. What’s New.

Capital 109

Capital Las Vegas San Jose California 109

PYMNTS

JANUARY 19, 2018

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. Blockchain. Data Nerds. Cybersecurity.

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Capital blockchain Big Data Data 118

PYMNTS

NOVEMBER 22, 2020

The report notes that this service will first be introduced in Denmark and then rolled out to other Nordic region countries, and can be accessed through an app letting users track vouchers and outstanding payments for purchases or outlays made on their Mastercards.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

OCTOBER 6, 2020

Ayoub Jemail has been assigned the role of general manager of business development for the region, the company stated in the announcement on its website. FinTech across the Middle East is also set to grow at a compounded annual growth rate of 30 percent, and expected to raise over $2 billion in venture capital funding by 2020.".

Fintech 174

Fintech Regional Fraud Meeting 174

PYMNTS

MAY 8, 2019

A group called the Austin Blockchain Collective , for instance, is looking to establish the Texas city as a hub for blockchain innovation. Factom , whose website describes the firm as a “blockchain innovations company,” is likely the oldest such company in the region and is five years old this month, according to Harris.

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blockchain Austin Texas Houston 223

PYMNTS

OCTOBER 26, 2020

DoorDash's overall goal was "empowering restaurants with the tools to connect with more customers and build new revenue streams," according to Georgie Thomas , head of regional merchant partnerships at DoorDash, quoted by The Verge. as well as Durable Capital Partners LP in addition to current investors, accounts and funds advised by T.

California 195

California Capital Regional Innovation 195

PYMNTS

AUGUST 29, 2019

Additional equity investors include RedBird Capital, funds managed by Blackstone’s Tactical Opportunities business, and Mubadala Capital. Randy Levine, president of the New York Yankees, added: “Throughout its nearly two-decades on-air, the YES Network has set the gold standard for regional sports coverage.

Groups 116

Groups Regional Capital New York 116

PYMNTS

JANUARY 3, 2020

Latin America -based Loft , a digital real estate startup that aims to make buying and selling real estate in the region easier, has raised $175 million in a series C funding round, according to a press release.

America 131

America Capital Regional Marketing 131

Bobsguide

FEBRUARY 22, 2022

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. TCS BaNCS will enable BDB to launch new innovative products faster. For more information, visit us at www.tcs.com.

Innovation 78

Innovation Customer Experience Strategy Operations 78

PYMNTS

APRIL 23, 2019

The promotion took place in Denver, capital of a state where marijuana is legal for recreational purposes. QSR Innovation. In regions like the Midwest, Southwest and West, meanwhile, growth lags behind the country’s mean. reportedly sold out of a burger whose “Santa Fe Sauce” contained cannabidiol (CBD). Denver CBD Burger.

Innovation 122

Innovation Denver New York City Mobile 122

PYMNTS

JANUARY 7, 2020

Singapore’s FinTech firm ADVANCE.AI , Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits in Singapore. billion in capital on hand, and be governed by Singapore leadership.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

AUGUST 15, 2019

Glenn Kocher, managing director at trade finance technology firm LiquidX , says the volatility of today’s cross-border trading market makes availability of working capital particularly important for small and medium-sized businesses to manage the sudden changes and extra costs of their global supply chains — especially across Asia.

Marketing 108

Marketing Regional Fintech Capital 108

PYMNTS

FEBRUARY 8, 2018

percent of domestic and cross-border payments in December 2017, SWIFT found, with the company’s Head of Payments Markets, Asia-Pacific, Michael Moon noting, “Experts suggest that capital controls and uncertainties over future regulations mean that a significant reversal of the decline in RMB usage for trade and payments is unlikely in 2018.”.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

MARCH 31, 2020

With the investment, MatchMove, which is also based in Singapore, will be able to extend its “banking-as-a-service” wallet capability to Shopmatic’s ecosystem spanning over 435,000 eCommerce small and medium-sized businesses (SMBs) and individual entrepreneurs across the region.

Fintech 168

Fintech Regional Security Lending 168

South State Correspondent

MARCH 28, 2024

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. These acts impact more than 55,000 locations throughout the U.S.

America 195

America Strategy Taxes Community 195

PYMNTS

JULY 22, 2019

India’s PayMate announced it has raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, the Middle East and Africa (CEMEA). . Investors in this Series D round include Visa, Recruit Strategic Partners, Brand Capital, and others, the Economic Times reports. .

Capital 184

Capital Branding Regional Payments 184

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. X1 Card Raises $12 Million In Funding Round Led By Spark Capital.

Cards 152

Cards California Capital Tools 152

PYMNTS

FEBRUARY 13, 2019

The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain. In other news, Chainalysis , a crypto transaction analysis startup, announced that it has raised $30 million in Series B funding, led by venture capital (VC) firm Accel.

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blockchain Fintech Bitcoin cryptocurrency 128

PYMNTS

JUNE 5, 2018

Ride-hailing firm Grab , based in Singapore — which entered a deal to acquire Uber ’s southeast Asia business in the first quarter — is reaching even farther into the region. Tan continued, “Let’s talk about the wider region. People can say they want to be regional, they want to go out. Operating one country is one thing.

Capital 100

Capital Regional US Innovation 100

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. ” Capital On Tap Enables Receipt Bank Card. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Cards 208

Cards New York Capital Compliance 208

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. The world of Islamic finance is growing, and with it, the region’s FinTech strength. That doesn’t mean it’s been easy.

Fintech 144

Fintech Lending Regional Regulation 144

CB Insights

SEPTEMBER 10, 2020

Our recent webinar — The State of Fintech Q2 2020: Funding Rebound Reveals the Next Leg of Fintech Innovation — highlighted key fintech trends and deals from the second quarter of 2020, including the rise of embedded fintech applications and demand for digital banking services. Free Download: State of Fintech q2’20.

Fintech 46

Fintech Innovation Lending Regional 46

PYMNTS

FEBRUARY 25, 2020

The survey predicted innovations in SMB working capital financing to grow more than 20 percent by 2025. Through the partnership, Funding Societies seeks to lower the barrier of access to working capital for small businesses. billion in financing within the region, with more than 1.4

Capital 141

Capital Regional Survey Innovation 141

PYMNTS

APRIL 24, 2020

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. bank technology firm securing $100 million to expand in the region. This week, Southeast Asia is in the spotlight, with one U.S. KarbonCard.

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Fintech Capital Security FDIC 193

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. With that in mind, France and Germany have called for the European Innovation Council to fund “ambitious” tech startups. “A

US 108

US United States Samsung Innovation 108

Jeff For Banks

FEBRUARY 2, 2013

So why do FIs opt for the sideline in participating more fully in innovation? I recently wrote on these pages that FIs should develop Shark Tank like processes to get early stage equity capital into the hands of nearby entrepreneurs to fuel growth in local markets. But innovation need not start in northern California.

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Innovation Marketing Capital California 97

PYMNTS

SEPTEMBER 29, 2020

Vince is former chief risk officer for Goldman Sachs , and also worked in other roles for the company for years, including as treasurer, head of operations, head of money markets and COO of the EMEA region. Vince will report to CEO Todd Gibbons , according to the news release, and will be on the bank's executive committee.

Marketing 175

Marketing New York Regional Operations 175