PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193

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PYMNTS

MARCH 13, 2020

has reportedly put all of them back into operation. The closures were one of the main reasons the tech company cited for removing its March quarter sales outlook, Bloomberg reported. According to the tech company’s website, as cited by the outlet, the remaining four locations will reopen on Friday (March 13).

Apple 265

Apple Operations Retail Maine 265

Perficient

FEBRUARY 10, 2021

Solutions like telemedicine, secure patient data management platforms, and prediction software incorporating big data and IoT are becoming increasingly integral to the success of healthcare companies, and the pandemic is accelerating their development. Agile has been a part of the Perficient Latin America operational DNA from the beginning.

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Software Innovation Company America 294

PYMNTS

JUNE 16, 2020

Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. And Monday, the Fed announced plans to create a “broad, diversified market index” and purchase individual corporate bonds on the secondary markets.

Company 214

Company US Policies Course 214

PYMNTS

JANUARY 19, 2021

While the coronavirus crisis certainly accelerated the drive toward digital, the mid-market's commerce digitization push was well underway before the pandemic hit. With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. Emerging Business Models.

Online 275

Online Marketing Payments Operations 275

PYMNTS

FEBRUARY 22, 2018

My focus is on our quality of operations and our teams; that’s why I’m here. I’m here to meet with our teams, ministers, etc, to understand the market, and, at this point, I’m not really focused on M&A,” Khosrowshahi said. Those profit pools in the mature markets in the U.S. and Europe to improve its losses in India. “I

Operations 115

Operations Company Meeting Marketing 115

PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. The company is keeping the lines of communication open and establishing a time frame to make changes, he noted.

Regulation 158

Regulation Groups Operations Lending 158

PYMNTS

JUNE 29, 2020

WEX has reported a $400 million investment from a partner of Warburg Pincus , which the financial services tech firm will use to continue operations amid the global pandemic, according to a press release. The companies said the fact that the agreement was executed Jan.

Operations 225

Operations US Capital Company 225

PYMNTS

SEPTEMBER 16, 2020

ride-hailing company will become a minority shareholder. The transaction will bring the two companies together to expand the digital freight industry across Europe, the U.S. and Canada and extend the combined group’s presence to Amsterdam, the company said. Financial terms were not disclosed.

Operations 157

Operations America Company Industry 157

Jeff For Banks

AUGUST 14, 2022

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. But in January 2021, the new OCC announced it would pause the "Fair Access" rule that was intended to prevent another Operation Choke Point.

Operations 78

Operations Lending FDIC Industry 78

PYMNTS

NOVEMBER 30, 2020

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. s Competition and Markets Authority (CMA), the agency that oversees enforcement of antitrust laws. According to the U.K.

Marketing 189

Marketing Regulation Google Innovation 189

South State Correspondent

NOVEMBER 7, 2022

The AOCI is an accounting adjustment meant to reflect the economic value of assets and is the process of “marking loans to market.” In this article, we explore what signals marking your loans to market might send. Banks had enough liquidity so it didn’t really matter in terms of day-to-day operations.

Marketing 195

Marketing Community Bank Community Security 195

Bobsguide

JULY 21, 2022

Montréal, July 19, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada with new facilities in Montréal to boost its North American operations and drive its international growth. About TS Imagine.

Operations 97

Operations America Software Risk Management 97

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce.

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Management Cards Company Innovation 268

PYMNTS

JUNE 4, 2020

Amazon may become the latest American tech giant to buy its way into India’s fast-growing telecom market as it eyes a deal that could upend the nation’s mobile market. based tech companies in Reliance Jo, Bharti’s corporate rival. billion in various investments since entering the Indian market seven years ago.

Operations 132

Operations Mobile Google Conference 132

PYMNTS

JANUARY 8, 2020

The post did not say when Amex would start operations in the country. In November of 2018, Amex got approval to clear card payments by the PBOC , making it the first company of its kind to get access to what will become the largest card network this year. Lianlian counts PayPal and Apple among its strategic partners.

Operations 134

Operations social media Cards Apple 134

PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . It was started in 2017 to aid in the company’s creation of a payment and services endeavor. .

Operations 139

Operations ATM System Cards 139

PYMNTS

DECEMBER 18, 2020

This week showed investor interest in B2B FinTech companies in international markets, as a trade finance platform in India and a human resources (HR)/payroll cloud software firm in the U.K. Zenoti said it fuels over 12,000 companies in more than 50 nations. The company has disbursed more than $36.5 landed funding rounds.

Capital 192

Capital Company Washington Resources 192

Perficient

JANUARY 5, 2021

The expanded executive leadership team will drive continued growth and operational excellence across Perficient while delivering superior solutions for clients. “As ” Prakash Chembai, AVP of India global delivery operations. She will provide resources to scale client projects and speed time to market. Ostasz, AVP of U.S.

Leadership 531

Leadership Denver Charlotte Ohio 531

PYMNTS

DECEMBER 23, 2020

To that end, Luke Evans , director of account management and Peter Mollins , vice president of marketing at Spreedly , said "payments orchestration" can mean the difference between a merchant’s getting those digital goods to end users and allowing them to pay instantly, or losing the sale entirely.

Company 274

Company Payments Fraud Online 274

PYMNTS

AUGUST 28, 2020

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November. In a filing for a court hearing on Friday (Aug.

Operations 154

Operations Regulation Groups Data 154

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies.

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

NOVEMBER 2, 2020

-based online grocery, is heightening its automation drive by acquiring two robotics companies. Owning Kindred Systems of San Francisco and Haddington Dynamics of Las Vegas will help Ocado tackle “one of the world’s hardest challenges in robotics, the picking and packing of groceries,” the company said in a press release on Monday (Nov.

Las Vegas 222

Las Vegas Online Company San Francisco 222

PYMNTS

JULY 1, 2019

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported.

Operations 100

Operations United States Washington Report 100

PYMNTS

JANUARY 18, 2019

JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times ( FT ) reported on Thursday (Jan. and internationally,” said Co-President and Chief Operating Officer Daniel Pinto in the memo. commercial clients for Brexit.

Operations 151

Operations Payments Community Bank Cards 151

PYMNTS

MAY 5, 2020

TheInformation.com reports that the ridesharing company is in talks to invest $170 million into electric scooter maker Lime with an acquisition option. In January, PYMNTS reported that the company had laid off 14 percent of its workforce (around 100 people) and ceased operations in a dozen markets to save money.

Report 168

Report Company Capital Operations 168

PYMNTS

AUGUST 16, 2020

At the same time, Berkshire Hathaway reported buying stock in a Canadian company, according to Reuters. a Toronto-based mining company that produces gold and copper in 13 countries, according to Reuters. In May, the banking industry was the runt of the litter of the stock market rally as interest rates sank and loans crumbled.

Company 249

Company US Maryland America 249

PYMNTS

JUNE 23, 2020

Amid Wall Street’s gyrations and the search for the next great tech unicorn: Blank checks for blank check companies? On Monday (June 22), CNBC reported that famed investor Bill Ackman is seeking to raise $3 billion for an initial public offering (IPO) of his blank check company. filed for an IPO for $414 million, with 41.4

Company 130

Company New York Operations Course 130

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. Five times we went to a particular bank during COVID, and five times they had the debit card attached to the wrong company.”. The world needs a FinTech operating system.”.

System 258

System Operations Fintech Taxes 258

PYMNTS

SEPTEMBER 8, 2020

In this week's B2B Data Digest, PYMNTS looks at some of those numbers, finding cybercriminals both within and outside of the enterprise don't discriminate across borders as attacks hit companies in New Zealand, the U.K. The targeted company, Eight Mile Farms Limited, is reportedly suing the individual to recoup the funds with interest.

Company 174

Company Los Angeles Fraud Data 174

PYMNTS

APRIL 26, 2019

operations. The company, which had been making plan changes and canceling accounts, is now shutting down amid legal proceedings including a patent lawsuit filed by MoviePass. In a letter on its webpage, Sinemia said it was ending operations in the U.S. In a letter on its webpage, Sinemia said it was ending operations in the U.S.

Operations 122

Operations Fraud Capital Analysis 122

PYMNTS

JULY 28, 2020

While eBay’s second quarter results were stellar, the event was more notable for the unveiling of new CEO Jamie Iannone ’s vision for the company. By the numbers, the pandemic-driven digital shift has been good for the company, as revenue for the quarter was $2.9 The company’s new managed-payments platform has processed $4.7

Company 227

Company Operations Mobile Capital 227

PYMNTS

AUGUST 12, 2019

Deliveroo, the British food delivery service, said it will end its operations in Germany and shift its focus to other markets. Reuters reported that the announcement came on Friday (August 9) that the company would exit that market. Deliveroo will bring its focus to other markets across Europe and the Asia-Pacific region.

Operations 100

Operations Regional Marketing Company 100

Bank Innovation

SEPTEMBER 20, 2017

Savings fintech Raisin has made its first move into the United Kingdom savings market, acquiring customer acquisition and onboarding company PBF Solutions. The […].

Marketing 259

Marketing Fintech Operations Company 259

PYMNTS

FEBRUARY 11, 2020

FinTech bank N26 , based in Germany, will no longer operate in the U.K. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will, in due course, be unable to operate in the U.K. following Brexit, according to reports. with its European banking license,” N26 said. People who live in the U.K.

Operations 141

Operations Regional Course Fintech 141

PYMNTS

NOVEMBER 1, 2020

In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Complying can be "onerous and expensive," Apple said, and it could also affect the company's bottom line. The issue, according to the U.S.

Apple 235

Apple Company Report Regulation 235

PYMNTS

OCTOBER 19, 2018

While Starbucks aims to streamline its operations in places that are seeing challenges with sales, the coffee chain plans to give a longtime partner the rights to operate cafes in four European markets. In addition, Alsea will take over operations at 177 franchisee-owned stores, according to reports. and 3:00 p.m.,

Operations 129

Operations America US Marketing 129