PYMNTS

OCTOBER 8, 2020

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Linear Capital served as the head investor, while additional help originated from KZM & Company Group. “The

Innovation 301

Innovation Technology Fintech Payments 301

PYMNTS

APRIL 10, 2020

Amid increasing demand for contactless delivery, Starship Technologies has rolled out a robot food delivery offering in Tempe, Arizona. The firm has been increasing its commercial services, with a plan to expand to 100 colleges by late summer of next year, per reports.

Arizona 267

Arizona Technology California Community 267

PYMNTS

DECEMBER 29, 2020

. — think Amazon , Starbucks , McDonald's and Walmart — are expected to get even bigger post-pandemic, while small- to medium-sized businesses (SMBs) fight for survival, the Financial Times (FT) reported Tuesday (Dec. While people hunkered down, companies providing digital delivery of essentials saw business soar. A record $2.5

Report 251

Report Branding Analysis America 251

PYMNTS

FEBRUARY 28, 2020

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., according to a report by Yahoo Finance. Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. Net income CAGR was 8.2 percent throughout the same time period.

Capital 209

Capital ATM Customer Experience Cards 209

PYMNTS

DECEMBER 18, 2020

The fundraising was headed up by Advent International via Advent Tech and Sunley House Capital, an Advent affiliate. India-based Arya , which offers post-harvest services throughout the agricultural value chain, said that it landed $21 million in a Series B financing round, according to a TechCrunch report. CloudTrucks.

Capital 192

Capital Company Washington Resources 192

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Factors Affecting Working Capital Needs. Automating Capital Management.

Capital 218

Capital Management System Examples 218

PYMNTS

JANUARY 14, 2021

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. PYMNTS reported that many businesses, even lone mom-and-pop organizations, are becoming parts of ecosystems, which offer support via a number of integrated services like the ability to accept payments.

Technology 168

Technology Capital Branding Innovation 168

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. Trade finance technology startup CCRManager announced $2.12 Xtracap Fintech.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

NOVEMBER 6, 2020

Handling accounts payable (AP), accounts receivable (AR), cash flows and other capital management tasks is an inescapable reality for almost every business that deals with inventory and sales, but these commonplace processes are fraught with obstacles. How Advanced Analytics Are Helping Businesses Handle Capital Management Changes.

Analytics 155

Analytics Capital Management Data 155

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

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. Two former executives from payments technology conglomerate Square have formed a new B2B FinTech in Australia called Zeller.

Capital 161

Capital Fintech Security Operations 161

Bank Innovation

AUGUST 23, 2017

This is according to Steve Herbert, CEO and Chairman for USA Technologies during the company’s most recent quarterly earnings, reported yesterday. USA Technologies, a payments company, has a market capitalization of […].

Technology 236

Technology Payments Capital Retail 236

PYMNTS

MARCH 6, 2020

Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. With the fund’s latest close, Quona Capital ’s assets under management (AUM) are at $363 million.

Capital 141

Capital Fintech Meeting Washington 141

PYMNTS

SEPTEMBER 15, 2020

Social Capital Hedosophia is looking to raise $500 million for a new blank check company, Bloomberg writes. Social Capital Hedosophia, the fourth in as many as 26 deals of this type, comes as Palihapitiya said on a recent podcast that he's reserved tickers from "IPOA" to "IPOZ" on the New York Stock Exchange, Bloomberg reports.

Capital 150

Capital New York Trends Company 150

PYMNTS

OCTOBER 1, 2019

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Mayo said, according to the outlet, “It’s been a rocky 25-year marriage for banking and technology, but it’s finally getting on course.”.

Technology 217

Technology FDIC US Big Data 217

PYMNTS

AUGUST 16, 2019

The retirement-focused United Income will now give automated advice as part of Capital One, which is looking to expand its robo-adviser offerings. . Capital One purchased the company for an undisclosed amount after taking a 10 percent stake last year, American Banker reported on Friday (Aug. billion, an increase of $2.3

Capital 156

Capital Fintech Washington Operations 156

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

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. billion in loans had been approved.

Technology 195

Technology Lending Capital Meeting 195

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

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. DayTek was just launched this year, in Queensland, according to the report. Banks emigrated from the U.K.

Capital 154

Capital ATM Analytics Report 154

PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. The technology, which is a collaboration with PT Bank Central Asia, functions as a supplement to the GoBiz retailer super app.

Technology 240

Technology System social media Payments 240

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

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

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. seconds on average through EMV 3DS.

Technology 248

Technology User Experience Fraud Comparison 248

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

JULY 26, 2020

The Wall Street Journal ( WSJ ) reported. Four years ago, the eCommerce giant’s venture capital fund invested in the Seattle-based company and gained access to the technology startup’s finances and other confidential information. Daniela Braga , founder and CEO of DefinedCrowd Corp., They are a wolf in wolf’s clothing.”.

Company 205

Company Report San Francisco Seattle 205

PYMNTS

JANUARY 6, 2020

Numerous unicorns were among the hundreds of Chinese tech firms that toppled in 2019 as the economy soured and startups went through piles of cash, The Financial Times (FT) reported on Monday (Jan. The tech closures come as a funding shortage has investors wrestling with the end of a venture capital (VC) boom. . billion ($2.5

Capital 132

Capital Regulation Company Report 132

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

AUGUST 21, 2020

JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said.

Report 173

Report Digital Banking Lending Technology 173

PYMNTS

SEPTEMBER 19, 2018

The spectrum of corporate technological disruption is vast. A new report from Capital One examined this question, focusing on how technological disruption will affect its finances. Or do they see disruption as an opportunity, hoping to benefit by adopting new technologies or by becoming disruptors?”

Capital 134

Capital Marketing Mobile Payments 134

PYMNTS

AUGUST 17, 2020

The British property technology company also plans to roll out an FCA-regulated current account in the weeks to come, according to an announcement from the firm. Other round participants include Khosla Ventures , SVB Capital and QED Investors. As he continued, he started to see a lack of technological help for landlords.

Technology 141

Technology Analytics Resources Lending 141

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . Nevertheless, continued investment and partnership activity in the space highlight emerging technologies that are helping firms use data to improve efficiency and maximize planning process outcomes. ESG reporting requirements.

Capital 66

Capital Trends Marketing Analytics 66

PYMNTS

SEPTEMBER 5, 2019

FPL Technologies, an Indian startup that is less than a year old, has raised $4.5 million in a funding round led by Matrix Partners India, with Sequoia Capital India and others also contributing, according to a report. Much of the problem stems from the use of outdated credit card systems and technologies.

Technology 128

Technology Cards Capital Security 128

PYMNTS

OCTOBER 18, 2019

USA Technologies CEO Stephen Herbert has stepped down against the backdrop of a proxy war ignited by the company’s biggest investor, New York-based hedge fund Hudson Executive Capital, Biz Journals reported on Friday (Oct. Herbert’s exit follows a plan by Hudson Executive Capital to take over the USAT board.

Technology 100

Technology New York Pennsylvania Capital 100

BankInovation

OCTOBER 28, 2022

Capital One is modernizing its tech stack and increasing automation using machine learning (ML) within the bank’s systems. The $444 billion bank reported a 9% year-over-year increase in communications and data processing spend to $349 million during the third quarter, according to the company’s Q3 earnings presentation.

Capital 52

Capital System Data Technology 52

PYMNTS

JUNE 6, 2019

Lighter Capital, an alternative lender targeting the startup community, is adding new financing products to its offering. In a press release issued on Wednesday (June 5), Lighter Capital said it will add lines of credit and term loans to its current offering of revenue-based financing.

Capital 108

Capital Lending Community Fintech 108

BankInovation

JANUARY 25, 2023

Capital One reported higher technology-related expenses for the fourth quarter despite reducing its tech workforce as the company “continues to invest in its retail banking business,” Chief Executive Richard Fairbank said during Tuesday’s Q4 earnings call.

Capital 52

Capital Retail Report Technology 52