PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

Innovation 174

Innovation Capital Security United States 174

Let's Talk Payments

JULY 3, 2017

As subsets of financial markets, capital markets are integral parts in producing monetary output in economies globally, through which debt or equity-backed securities are bought and sold. Capital Markets are.

Capital 108

Capital Marketing Innovation Technology 108

PYMNTS

JANUARY 17, 2020

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. The country had pegged the cost of moving the capital in the past at $33 billion. As previously reported, Son met with Widodo in Jakarta on Jan.

Capital 130

Capital Groups Meeting Report 130

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. In 2017, Netflix was reported to have had as many U.S. Sales plummeted, and many restaurants reported losing 80 percent to 90 percent of their sales overnight.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Corporate buyers continue to drive commercial card adoption in order to take advantage of capital float and rewards programs. Iceland Debuts Instant Payments.

Innovation 220

Innovation Payments blockchain Resources 220

PYMNTS

DECEMBER 21, 2020

Checkout platform Bolt has closed a funding round with $75 million, capping a year where it processed $1 billion in transactions, according to a report by Venture Beat. The round was led by General Atlantic and WestCap , and existing investors Activant Capital and Tribe Capital also participated. billion, the report says.

San Francisco 245

San Francisco Innovation Fraud Capital 245

PYMNTS

NOVEMBER 27, 2019

The CEO of PT Mandiri Capital Indonesia, the venture capital arm of PT Bank Mandiri, said the only way digital payment platforms can ever make money is by acting as a sort of portal into other services, otherwise it’s “just a cash-burning exercise,” according to reports. Nobody makes money from e-wallets,” Danusaputro said.

Capital 141

Capital Exercises Training Examples 141

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. The funds will go toward customer outreach, reports said. The company raised $2.5

Capital 162

Capital Software Lending Online 162

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. Supporting that initiative is Square Peg Capital, which led a $6.3 With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

PYMNTS

OCTOBER 7, 2016

Capital One has reportedly inked a deal to acquire Paribus, a price tracking service, as the credit card company makes another acquisition in the FinTech space. According to a report , Paribus aids online shoppers in getting automatic refunds when the price drops on items they purchased. Card at Capital One, said in the report.

Capital 191

Capital Online Retail Cards 191

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?

Capital 134

Capital Marketing Mobile Payments 134

Bank Innovation

FEBRUARY 5, 2019

There are startups that want to destroy banks and startups that want banks to buy their software, as Bank Innovation has previously reported. According to a recent poll conducted by Bank Innovation, the idea that fintech partnerships will be on the rise in 2019 compared to subsequent years, is gaining popularity.

Innovation 186

Innovation Fintech Software Report 186

PYMNTS

APRIL 8, 2019

Facebook Co-founder Eduardo Saverin has closed out $406 million for B Capital, his venture capital fund, according to a report. Saverin also has a family fund called Velos, but he hasn’t been using that as much since B Capital launched. Saverin is known for his Facebook connection, but he has since renounced his U.S.

Capital 111

Capital San Francisco Resources Innovation 111

PYMNTS

JANUARY 10, 2019

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. CAN Capital added Siciliano from commercial financing company Marlin Business Services , where he served in a variety of roles, including CEO and chief operating officer. 9) that Edward J.

Capital 134

Capital Leadership Customer Experience Lending 134

PYMNTS

JANUARY 28, 2021

They have provided critical support for those developing markets during the pandemic and will continue their importance after the pandemic is in the rearview mirror, a report by Oxford Economics , commissioned by Western Union , has found. “We percent decline this year, said the report. The pressure is such that we may see another 7.5

Innovation 294

Innovation Marketing National Report 294

PYMNTS

MARCH 7, 2019

Hitachi Capital America , Hitachi’s U.S.-based In a statement, Hitachi Capital America EVP and General Manager of Commercial Finance and Corporate Development Mark Duncan said the takeover will help the company expand its footprint in the technology sector.

America 129

America Capital Technology Resources 129

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.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Brazil-based facial recognition and identification technologies provider Acesso Digital recently reported that more than 5.2

Video 211

Video Report Meeting United States 211

PYMNTS

MARCH 5, 2019

According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. Last month, Bloomberg reported Chime was in talks to raise $300 million at a $1.5

Capital 116

Capital San Francisco FDIC Leadership 116

Bank Innovation

JANUARY 23, 2019

Capital One Financial has reportedly acquired Walmart's card receivables, the bank's chairman and CEO, Richard Fairbank, said yesterday. Terms of the transaction were not disclosed.

Capital 170

Capital Cards Branding Report 170

PYMNTS

NOVEMBER 6, 2018

Innovation Challenges. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S. Innovation Willingness. Where is that spark for innovation coming from?

Innovation 177

Innovation Payments Industry Study 177

PYMNTS

DECEMBER 15, 2017

Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms of that pact, TSYS will continue to provide processing services for Capital One’s North American roster of accounts, a list that spans both consumer and commercial credit card accounts.

Capital 110

Capital Cards Risk Management America 110

PYMNTS

JUNE 19, 2019

According to a new report , the company has raised $21.5 According to a new report , the company has raised $21.5 But according to the report, “Duffel appears to be building a new software stack for travel, in the same way that challenger banks started from scratch to make themselves more agile than the laggard, incumbent banks.”.

Innovation 152

Innovation Industry United States Payments 152

Bank Innovation

AUGUST 4, 2016

Square Capital may soon be available to non-Square merchants. The payments firm with the famous dongle just reported on a strong quarter and its lending product, Square Capital, played an important role in it. Square put out $189 million in capital on the quarter, an increase of 123% on the year, Read More.

Capital 150

Capital Lending Report Payments 150

PYMNTS

OCTOBER 24, 2019

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). The bank also reported that non-interest expenses increased 2 percent to $3.9 Capital One said Q3 revenue decreased 2 percent year over year to $7 billion. billion, an increase of $1.7

Capital 101

Capital Cards Conference Customer Experience 101

PYMNTS

JANUARY 29, 2018

Small and medium-sized business (SMB) lending company Breakout Capital is expanding its product line, according to company reports on Friday (Jan. Breakout Capital explained that the tool allows factoring firms to use its platform to reach borrowers. “Our

Capital 109

Capital Company Lending Innovation 109

Bank Innovation

JANUARY 22, 2018

While ICOs might be growing more popular as a way of raising capital, the investing method is struggling under its share of problems, including regulatory scrutiny, slow or congested payment methods, and of course, increased activity from hackers and bad actors.

Report 239

Report Course Capital Payments 239

PYMNTS

JANUARY 2, 2020

The joint report also noted that 28 percent of food and beverage industry respondents had chargeback rates ranging from 0.5 According to the PYMNTS Mobile-Order Ahead Tracker , “This may seem like a small amount, but it is a significant increase from five years ago, when restaurants reported no chargebacks at all.” Rowe Price Group.

Mobile 146

Mobile Innovation Minnesota Capital 146

PYMNTS

AUGUST 8, 2019

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The labs are a part of Standard Chartered’s venture capital arm SC Ventures, reports noted. “To NS Banking said Wednesday (Aug.

Innovation 100

Innovation San Francisco Leadership Big Data 100

PYMNTS

DECEMBER 20, 2016

Eager to capitalize on consumers’ desire for mobile payment options, several technology providers and merchants recently rolled out new mobile ordering and payment options. What’s more, according to a report on eatery tech usage from Technomic, it seems consumers are particularly eager for technology in their restaurants.

Report 100

Report Innovation Payments Apple 100

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. However, in this week’s Commercial Card Innovation roundup, it wasn’t the point of friction that technology firms were addressing. Check out the latest in corporate card innovation below.

Cards 155

Cards Innovation Fintech Payments 155

PYMNTS

OCTOBER 20, 2017

Backers at Meritech Capital Partners and Lead Edge Capital led the Series D investment round, according to TechCrunch news, while Index Ventures and Workday also participated. In a statement, CEO and Co-Founder Nuno Sebastiao said the investment will go toward accelerating growth and investment in human capital. Cybersecurity.

Capital 109

Capital blockchain Fraud Security 109

PYMNTS

JANUARY 2, 2020

The joint report also noted that 28 percent of food and beverage industry respondents had chargeback rates ranging from 0.5 According to the PYMNTS Mobile-Order Ahead Tracker , “This may seem like a small amount, but it is a significant increase from five years ago, when restaurants reported no chargebacks at all.” Rowe Price Group.

Mobile 131

Mobile Innovation Minnesota Capital 131

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm.

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

OCTOBER 9, 2018

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 According to a report in CNBC at the time, Starbucks said it would slow down the pace of licensed store openings and will shutter underperforming ones that are in highly populated areas.

Capital 128

Capital Management Conference New York 128

PYMNTS

JANUARY 14, 2021

Flourish Ventures, Arbor Ventures, GGV Capital and K3 Ventures were some other investors in the round. Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation. SAMA is debuting an open banking policy to further digital innovation in the financial services space. Supper Ltd.,

Innovation 138

Innovation Policies Groups Payments 138

Bank Innovation

AUGUST 16, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, speaks with Lindsay Davis, senior intelligence analyst at CB Insights, about several findings in her second quarter fintech funding report. Welcome to the latest episode of our weekly wrap video series, for the week ending August 16, 2019.

Report 150

Report Fintech Video Innovation 150