South State Correspondent

MARCH 13, 2023

Equally important is the bank’s securities duration, as shown in the graph below. Approximately 56% of the bank’s securities had repricing greater than 15 years. SVB’s securities portfolio is high credit quality (Treasuries and quality MBS) but long duration. at the end of 2022, with $2.4B

Risk Management 221

Risk Management Management Community Bank Community 221

PYMNTS

NOVEMBER 22, 2020

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The managing director was former Massachusetts Gov. billion through Nov. Deval Patrick.

Capital 188

Capital Policies Massachusetts Boston 188

South State Correspondent

MAY 7, 2024

This first bank failure in 2024 is reported to cost the Deposit Insurance Fund $667mm. Also, interest rates are not high by historical comparison (especially when eliminating the pandemic monetary response), and bank managers’ job is to manage uncertatiny (also called risk). Even more stark was the bank’s securities repricing.

Risk Management 195

Risk Management Security Management Groups 195

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

Capital 175

Capital Security cryptocurrency Fraud 175

PYMNTS

JANUARY 12, 2021

Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

Capital 178

Capital Tools Lending Community 178

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. India-based Xtracap secured $1 million in angel funding, YourStory reported. Apollo Agriculture.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

SEPTEMBER 8, 2017

The companies range from product life cycle management solutions to those that help other SaaS firms retain clients. million , news reports this week said, from Grotech Ventures, Middleland Capital, the Center for Innovative Technology and Charlottesville Angel Network. The funds will go toward customer outreach, reports said.

Capital 162

Capital Software Lending Online 162

PYMNTS

JUNE 24, 2020

Zopa , the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial Times reported. “We In December, PYMNTS reported Zopa expected to receive £130 million ($1.67 Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

AUGUST 14, 2020

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake of the pandemic’s disruption. Ron Bloom, who serves as the managing partner and vice chairman of the company’s private equity division, will manage the funds.

Management 131

Management United States Capital Retail 131

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. PYMNTS breaks down the companies that did manage to secure funding, below. With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

Abrigo

MARCH 21, 2023

You might also like this video on managing interest rate risk. Takeaway 2 Some banks and credit unions were late movers and are now scrambling to lock in funding for the short term to meet liquidity and capital needs. Stay up to date with Abrigo advisors' ideas for managing interest rate risk. 1, 2022, to the current day.

Risk Management 195

Risk Management Management Strategy Lending 195

PYMNTS

APRIL 18, 2019

Reports in Blockchain News this week said Panxora has introduced a treasury management service to help the company and project founders who turn to ICOs to secure the capital they have raised, and mitigate the risk of cryptocurrency volatility. Overall, only 44 percent of ICOs live to see their fifth month.

Capital 108

Capital cryptocurrency Boston Management 108

Perficient

MARCH 30, 2023

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” Adding blockchain to the supply chain improved visibility, allowed automatic purchases through smart contracts, and kept a permanent record of what had been ordered as well as status reporting of all items in the supply chain.

Operations 275

Operations blockchain Capital Security 275

PYMNTS

APRIL 11, 2017

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 The company has secured significant venture capital, too. million through this route.

Capital 122

Capital Lending Security Report 122

PYMNTS

OCTOBER 2, 2018

Enterprise cybersecurity startup Tanium has raised additional funding just five months since its last investment round, according to reports on Tuesday (Oct. According to reports, Tanium addresses security friction within businesses caused by a disparate security strategy.

Security 134

Security California Data Management 134

Abrigo

APRIL 25, 2024

The report is based on data from Abrigo Small Business Lending Intelligence, a lending decision and monitoring engine powered by Charm Solutions. Data in this report is current as of Q2 2023 and is representative of market trends and conditions at the time of publication. The average size of loans examined here was $637,000.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

JULY 9, 2020

Movie-theater giant AMC Entertainment Holdings’ reported deal to avoid bankruptcy is running into a roadblock as some creditors oppose the deal , according to Bloomberg News. But a group of existing first-lien lenders including Apollo Global Management Inc., Ares Management Corp. and Eaton Vance Corp.

Report 174

Report Los Angeles Kansas Groups 174

PYMNTS

JULY 9, 2020

Relying on static usernames and passwords to authenticate customers is no longer sufficient, and many FIs are therefore examining how tools like biometrics can offer greater security. A recent report highlighted this problem and advised FIs to adopt harder-to-trick methods like biometric authentication. Get the scoop in the Playbook.

Fraud 261

Fraud Report Tools Security 261

PYMNTS

JULY 14, 2016

An India-based startup helping businesses better manage their suppliers has raised new funding from investors. Reports on Wednesday (July 13) revealed SirionLabs secured $12.25 According to reports, BP, Western Union and Vodafone are all clients of SirionLabs. and Singapore, and focus on product development.

Management 100

Management Capital Security Data 100

PYMNTS

FEBRUARY 28, 2019

Zededa , a California-based tech firm that provides IoT device management software, said this week (Feb. It was led by “Energize Ventures and Lux Capital, each of whom invests heavily in companies, fundamentally advancing how society implements and utilizes advances in technology,” Zededa said in a statement. “The Security Upgrades?

Security 198

Security Survey Course Data 198

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. Investors at Social Capital, AngelList India, Gemba Capital, Omphalos Ventures and 91springboard provided the funding, reports said.

Security 131

Security Capital Fintech Community 131

PYMNTS

FEBRUARY 19, 2018

India expense management company Happay secured more funding after its Series B round, according to an unnamed source cited by VCCircle on Friday (Feb. The company also provides expense report generation tools, international travel cards and other card products based on spend category and scenario.

Management 144

Management Capital Tools Cards 144

PYMNTS

JULY 29, 2019

California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We

California 108

California Management Sacramento Regional 108

PYMNTS

APRIL 24, 2018

Months after reports surfaced that Amazon was considering an investment in the company, alternative lending platform Capital Float revealed it secured $22 million in funding led by the eCommerce giant. Past investors in the company include SAIF Partners, Ribbit Capital and Sequoia India.

Capital 108

Capital Lending Report Management 108

PYMNTS

OCTOBER 20, 2017

Two cybersecurity companies came out on top, but they both focus their enterprise security efforts in different ways. PYMNTS takes a look at those cybersecurity firms, plus a few of the treasury management, blockchain and logistics firms that also grabbed fresh funding. Duo Security. It brings Duo Security’s valuation up to $1.17

Capital 109

Capital blockchain Fraud Security 109

PYMNTS

JUNE 5, 2020

Sycamore is considering acquiring the entire company or making an investment in JCPenney, the news service reported. The company has more than $15 billion in capital under management. In mid-May, the struggling retailer disclosed that it paid $17 million in interest charges on a secured loan to avoid a default.

Report 136

Report Texas Retail New York 136

CB Insights

JULY 19, 2022

Below, check out a handful of highlights from our 197-page, data-driven State of Fintech Q2’22 Report. For deeper insights, all the record figures, and a ton of private market data, download the full report. download the state of fintech Q2 2022 report. Startups in the space secured 188 deals, a 36% increase QoQ.

Fintech 100

Fintech Report Comparison Trends 100

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

JUNE 10, 2020

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 million in a new seed funding round, according to an e27 report. OSMDV, Quona Capital, Saison Capital, Alter Global and other unnamed investors participated. The round was led by Sequoia India and Lightspeed India.

Security 130

Security Capital Retail Regional 130

PYMNTS

DECEMBER 16, 2020

The new offering is intended to give buyers precise knowledge over when their payments will reach suppliers, thus helping them better control and manage their working capital. Find more on these and all the rest of the latest headlines, read the Report. Read more in the Report. About The Report.

Cards 161

Cards Security Tools Payments 161

MyBankTracker

AUGUST 12, 2020

Personal Capital is an online wealth management concept that started in 2009. billion in assets under management with over 24,200 clients. Today, Personal Capital offers two sets of tools depending on whether you pay for their services or not. How Do Personal Capital’s Free Tools Work? This is done securely.

Tools 52

Tools Capital Management Taxes 52

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Deliveristo. CloudTrucks.

Capital 211

Capital Management Operations Security 211

PYMNTS

AUGUST 22, 2018

Alternative small business lending firm Capital Float appears to be deepening its footprint in the personal finance market through the acquisition of Walnut. Reports in The Times of India said the AltFin player reached a deal to acquire the personal finance management app for $30 million in cash and stock.

Capital 100

Capital Lending US Management 100

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Find out who else secured funding below.

Capital 100

Capital blockchain Management Lending 100

PYMNTS

MAY 25, 2018

Venture capital activity in the B2B space found software and data management firms securing funding. Three individuals – including Szulik, Ryan McIntyre (co-founder at Foundry) and Larry Bohn (managing director at General Catalyst) – have joined Tidelift’s board of directors. million open source packages.

Capital 108

Capital Software California Data 108

PYMNTS

OCTOBER 7, 2019

Hitachi Capital Business Finance announced the launch of its Smart Funding payment plan, which will allow small businesses to create their own repayment schedule in accordance with their cash flow forecast, as well as the seasonality of their business. billion ($63.5

Capital 108

Capital Payments Security Management 108