PYMNTS

NOVEMBER 20, 2020

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. 19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others.

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Bank Innovation

FEBRUARY 23, 2017

The San Francisco-based company processed $13.7 Mobile payments company Square grew its gross payment volume 34% over last year, and its loans through Square Capital were up twice that — 68%. billion in payments in the fourth quarter of 2016, compared with $10.2 billion in the same quarter last year. Read More.

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PYMNTS

JANUARY 31, 2021

The release stated, in part: “The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment. Roger was founded by two Danes and has offices in Copenhagen and San Francisco.

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PYMNTS

SEPTEMBER 29, 2020

The giant eCommerce website can now connect a stored credit card with a palm print. But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Instead, he said, the palm images are encrypted and stored online.

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Bank Innovation

SEPTEMBER 12, 2017

EXCLUSIVE – When the co-founders of FitPay, a contactless payment technology provider, agreed to be acquired by security tech company NXT-ID back in May, the primary goal behind the deal was to enable growth for the San Francisco-based startup. And grow it did.

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PYMNTS

MAY 7, 2020

As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online. With Square Online Checkout, the San Francisco mobile payment company hopes to capitalize on this shift by offering companies what it claims is an easier way to accept online card payments.

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Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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PYMNTS

NOVEMBER 5, 2020

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. In theory, the system could eventually allow consumers to bypass credit cards and transfer money directly from their bank accounts to a merchant’s account. 5) to block its planned $5.3

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PYMNTS

SEPTEMBER 1, 2020

The San Francisco-based financial services giant’s decision to launch the checkless account, which has a monthly fee of $5, comes as Wells Fargo looks to reshape an image badly tarnished after 2016 revelations that bank employees opened millions of phony accounts in order to meet sales quotas.

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PYMNTS

DECEMBER 4, 2020

Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online. and EEA consumer cards and a 2.8 percent fee for all other cards. The product will feature a 1.3 percent fee for U.K. banking license in California.

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PYMNTS

DECEMBER 21, 2020

Bolt was founded in 2014 in San Francisco and works on tools to streamline web transactions. Kount 's Gary Sevounts told PYMNTS recently that more advanced ways are needed to look at accounts, assessing whether even verified accounts are trustworthy through looking at email addresses, card numbers and more.

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PYMNTS

DECEMBER 18, 2020

Customers in Baltimore, Boston, Chicago, Dallas, Los Angeles, New York, Philadelphia, San Francisco, Seattle and Washington, D.C. All stores will be open on Christmas Eve for online order pickup, the company said. will have a wider merchandise selection for same-day and next-day pickup. .

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PYMNTS

JULY 24, 2020

and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. Instacart , the U.S.

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PYMNTS

DECEMBER 6, 2019

In the fifth official study conducted by the Federal Reserve Banks of Atlanta, Boston, Richmond and San Francisco, the 2018 Diary of Consumer Payment Choice (DCPC) detailed the cash and non-cash payment behavior of U.S. made over half of their payments with cards (debit, credit and prepaid) at 54 percent or 23 payments.

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Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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PYMNTS

JUNE 24, 2019

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. Razer, which was founded in 2005, has 18 offices around the globe and headquarters in both Singapore and San Francisco.

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Bank Innovation

MARCH 28, 2018

EXCLUSIVE— San Francisco-based startup Denizen wants to create a new way of banking, by providing users with a “borderless” bank account that doesn’t come with all of the hassle and pain points of international finance, co-founder and CEO Joaquin Ayuso de Paul told Bank Innovation.

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Bank Innovation

SEPTEMBER 13, 2017

This makes sense, since the San Francisco-based digital bank’s mobile app is currently only available on iOS. EXCLUSIVE- SME banking app, Seed, is gearing up to roll out a tool that supports Apple iPhone X’s new Face ID feature, Bank Innovation learned.

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Payments Source

MAY 25, 2017

At the recent Google Marketing Next event in San Francisco, Google revealed a new service designed to close the loop between online advertising and offline card payments. It's a service that should have marketers salivating, but it could easily backfire.

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Bank Innovation

FEBRUARY 18, 2019

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

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San Francisco Fintech Innovation Security 186

PYMNTS

APRIL 23, 2019

We will look to relocate a small number of Chicago-based matching engine employees to San Francisco,” said the company. The company, which is based in San Francisco, said it was going to keep a remote sales team in Chicago, and that it planned to expand to New York, Portland and London.

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Bank Innovation

APRIL 12, 2016

Paymentwall, a San Francisco online payments company, announced today that it has integrated its payment services into the Shetab, which is Iran’s “unified, electronic clearance system for the entire Iranian banking operations that allows it to facilitate transactions from Read More.

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CB Insights

DECEMBER 9, 2020

San Francisco-based Affirm , an installment financing platform for online commerce run by PayPal co-founder Max Levchin , filed its S-1 in preparation for going public in November. Affirm wants to disrupt the credit card business, a notoriously opaque realm of consumer finance. Company Name. Phone number.

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PYMNTS

JUNE 10, 2020

Flutterwave, based in San Francisco and Nigeria, has been on a roll since it pulled in $35 million last year in venture funding, including from Worldpay. In April, Flutterwave launched an online portal that will enable African businesses to set up online shops. At the heart of Flutterwave is its online payments business.

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PYMNTS

APRIL 23, 2020

Stripe , the San Francisco digital payment platform popular with Shopify, Instacart and other major online retailers, announced major updates to its software on Thursday (April 23) that will connect users directly with Mastercard, Visa and the world’s other top credit card networks. billion this year.

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Bank Innovation

JUNE 28, 2018

For the task, San Francisco-based Bento raised $9 million in a new round of funding today. Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad.

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PYMNTS

SEPTEMBER 17, 2020

Affirm , a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. and Canadian consumers an alternative to traditional credit cards. 17) in a press release , bringing its total funding raised to more than $1.3 million U.S.

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PYMNTS

DECEMBER 12, 2019

San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. Brex deals in business-to-business (B2B) payments with corporate cards tailored to specific industries.

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PYMNTS

NOVEMBER 24, 2020

The coronavirus pandemic has also helped boost Cashfree’s growth as Indian businesses and consumers ramp up their online sales and purchasing activity. Cashfree is a “2017 alumnus of Y Combinator,” the San Francisco-based startup incubator, according to the release.

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Bank Innovation

AUGUST 15, 2017

The San Francisco-based company, has made numerous strides, from issuing its millionth loan to expanding its retail partnerships; from preparing to launch new products in the fall to moving into a permanent office space. This has been a good year for Affirm, the lending startup established by PayPal co-founder Max Levchin.

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PYMNTS

DECEMBER 10, 2018

Walmart Makes It Easy to Shop Online While in Store. Consumers looking for a specific product they can’t find in-store can now ask an associate to help them find the item online via an in-store device. In the press release announcing the new feature, Walmart noted that customers can pay via cash, check, credit card or Walmart Pay.

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PYMNTS

AUGUST 15, 2019

Monzo , an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. can apply for loans as the online bank advances its efforts toward profitability. . The eBank joins smaller rival Starling Bank on the lending front, becoming the second online bank in the U.K.

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PYMNTS

JUNE 19, 2018

The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement. Marketplace sales accounted for 50 percent of all online sales in 2017, according to an estimate provided by PayPal. Hyperwallet has offices in Austin, London, San Francisco, Sydney and Vancouver.

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PYMNTS

OCTOBER 16, 2020

We have deep dives on connected devices, instant payments and what the digital shift means for customer expectations of card issuers. Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game. Consumers’ digital shift means that customer expectations for their card issuers are higher than in the past. banking license.

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PYMNTS

JANUARY 28, 2020

The company offers services both online and in stores, processing merchant payments in numerous countries and currencies. The company is up against competitors like San Francisco-based Stripe. Adyen had an initial public offering (IPO) in June 2018, and since then has increased its shares by threefold.

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PYMNTS

JANUARY 28, 2020

The company offers services both online and in stores, processing merchant payments in numerous countries and currencies. The company is up against competitors like San Francisco-based Stripe. Adyen had an initial public offering (IPO) in June 2018, and since then has increased its shares by threefold.

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PYMNTS

AUGUST 15, 2019

Customers can use credit cards or cash or go completely cashierless with Grabango’s payment app. Zippin, a cashierless convenience store, launched last year, also in San Francisco, with the goal of reducing typically long lines. Notably, the store now takes cash since San Francisco banned cashless businesses. “We

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