PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles.

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Online Retail Trends New York 112

PYMNTS

SEPTEMBER 29, 2020

In today’s top payments news around the world, digital Filipino payments platform PayMongo has come off a funding round with $12 million, while ALDI is taking another big step in the world of online shopping. s license to operate. ALDI To Test Online Grocery Ordering At UK Stores. London Judge Reinstates Uber License.

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Payments Regulation Capital Online 189

PYMNTS

NOVEMBER 4, 2020

The tie-up connects one of the globe’s top online shopping platforms with one of the globe’s top cloud point-of-sale (POS) firms, according to the announcement. Our customers must move to capitalize on the growing demand for online retail,” Epos Now Chief Growth Officer Barbara Staruk said in the announcement. “Our

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Payments Retail Online Software 222

PYMNTS

NOVEMBER 11, 2020

Plus, Canadian payment services company Interac is collaborating with Walmart Canada to expand debit card payment methods in store and online. LinkAja, an Indonesian FinTech, closed a Grab-led Series B funding round that had participation from Mandiri Capital Indonesia, BRI Ventura Investama and Telkomsel.

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Mobile Payments Capital Fintech 182

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to a December survey from the National Association for Business Economics (NABE).

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San Francisco Community Bank Video Capital 130

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

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Community Bank Capital Lending Training 195

PYMNTS

JANUARY 14, 2021

The nationwide chain — which operates about 1,470 retail stores selling pet supplies and professional services like veterinary care — is changing its name to Petco Health and Wellness in conjunction with the listing. The offering is expected to close next Tuesday, subject to closing conditions. He added that the pandemic added 3.3

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PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. Stores As Social Centers.

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Community Retail Strategy National 269

PYMNTS

MAY 19, 2020

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said.

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Retail National Report Capital 235

PYMNTS

MARCH 27, 2019

The move to Australia is an effort to capitalize on the country’s thriving eCommerce industry, which is worth almost $30 billion and rising. Worldpay will set its sights on the online gaming, digital content, online retail and travel industries. Worldpay was also granted a payments license to operate in New Zealand.

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Online Payments Software National 172

PYMNTS

SEPTEMBER 6, 2019

Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 million funding found for its small business working capital offing.

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Fintech Capital Lending Operations 155

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

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cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

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Google National Fintech Regulation 142

PYMNTS

FEBRUARY 18, 2020

The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Its customers will still be able to shop with the company, both at the stores that remain open and online. Riesbeck replaced Cheryl Bachelder as chief executive officer in November. .

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PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. The company receives about 40,000 orders per day — a deal with Snapdeal could bolster its operations to fulfill those orders. percent.

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Meeting Capital Policies Compliance 116

PYMNTS

MARCH 20, 2019

Opendoor , the startup that operates an online platform for buying and selling homes, has raised $300 million, giving it a valuation of $3.8 Our business is designed to operate in up markets, down markets and flat markets,” Co-founder and CEO Eric Wu said in an email to the news outlet. The company has raised $1.3

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Capital Marketing Operations National 116

PYMNTS

DECEMBER 6, 2019

Further, Leaf Trade plans to invest in its engineering and data science operation, the company noted. According to reports , Kaszek Ventures led the funding, while Ribbit Capital also participated. According to Cora, SMBs are underserved by traditional lenders in Brazil despite accounting for two-thirds of the nation’s GDP.

Fintech 133

Fintech Capital Lending Chicago 133

PYMNTS

NOVEMBER 28, 2018

27), Deskera received the funding from Jungle, as well as Cisco Investments, Tembusu Partners, Susquehanna International Group and InnoVen Capital. “It exists as an online B2B marketplace for [SMBs], powered by Deskera’s leading inventory management technology.” According to The Business Times on Tuesday (Nov.

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Fintech Management Innovation Resources 139

PYMNTS

SEPTEMBER 21, 2020

Or at least it presents the start of one, as it pushed Jordan’s central bank to develop JoMoPay , the nation’s national mobile payment system. Designed as part of the central bank’s national financial-inclusion strategy, JoMoPay provides the regulatory framework under which Dinarak operates.

System 257

System Mobile National Payments 257

PYMNTS

JANUARY 25, 2018

Fiverr , the online marketplace that enables companies to hire freelancers, is acquiring AND CO , another startup that provides support tools for freelancers. Fiverr is “raising more money and generating more capital, which allows us to take tools like [those] of AND CO and just make them free,” Kaufman told TechCrunch.

Tools 101

Tools Capital Online Community 101

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. The nation saw four startups take home investment out of a total of seven investment rounds. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. Alternative Lending.

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Capital Lending Resources Oregon 135

Independent Banker

JUNE 30, 2022

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JUNE 3, 2020

RH, which operates several online brands such as RH Teen and RH Ski House, and whose retail presence is also known as Restoration Hardware, is one of the most successful curators of luxury furnishings and décor. percent over 2018 to $2.647 billion, adjusted operating margins reached 14.3 Will luxury move online?

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Retail Online Marketing Study 130

PYMNTS

DECEMBER 30, 2016

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. Supply Chain Management. ShopKirana.

Capital 124

Capital National Resources Apple 124

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. These online institutions were either absent or held minimal deposits in previous tightening cycles.

Community Bank 195

Community Bank Community Industry Online 195

PYMNTS

MARCH 10, 2020

Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. It’s a self-perpetuating scenario that keeps barriers to capital in place. In exchange, Grab gains greater visibility into SMB operations and performance. “By

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Data Lending Capital social media 193

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

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Fintech New York US National 166

PYMNTS

NOVEMBER 29, 2019

Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California. Many founders are operating their businesses, from day one, with the ambition of entering an international setting.

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Policies California United States Management 191

PYMNTS

NOVEMBER 9, 2018

With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. Scoro said it plans to use the funding to expand its operations in the U.S.

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

JUNE 21, 2018

According to Bloomberg , one source claims that the California-based firm is engaging in conversations with the Office of the Comptroller of the Currency, which charters and regulates all national banks and federal savings associations. The talks are not final and no deal has been made. In May, the company received a valuation of $5.6

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Regulation Millennials California Capital 123

Abrigo

JULY 15, 2015

Here are three ways you can help your clients acquire and manage their financial resources: One simple and, if well managed, surefire way to introduce more capital into the pockets of your clients is a business rewards credit card. Some provide higher rewards for travel, gas, restaurants or online purchases, among others.

Management 150

Management Resources Capital Taxes 150

PYMNTS

NOVEMBER 4, 2016

This time, the industry saw modest gains — a couple million in funding here, another million there — with just three venture capital funding rounds. million in venture capital. Also targeting SaaS businesses is UserIQ, which announced its own $2 million Series A funding round this week, led by BIP Capital. i2B Capital.

Capital 100

Capital Software America Security 100

PYMNTS

JANUARY 29, 2020

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

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Lending New York Online New Jersey 136

PYMNTS

JULY 28, 2016

Shipt , the online grocery ordering and delivery service, has announced that it has secured $20.1 million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart.

Google 100

Google San Francisco Alabama Leadership 100

PYMNTS

JULY 4, 2016

There may be one bright spot for Brazil’s financial services industry as political and economic turmoil rattle the nation. Reports by Newsweek on Friday (July 1) said entrepreneurs are looking to online funding, crowdfunding and alternative lending to start their businesses as Brazil endures its worst economic recession in decades.

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Lending Online National Marketing 102