PYMNTS

APRIL 10, 2020

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

Technology 360

Technology Company Operations Payments 360

Payments Dive

JUNE 30, 2020

Wirecard North America officials said the company was looking for a new owner as the multi-billion accounting scandal at the German-based payments firm reverberated across the globe. UK regulators reached agreement to let operations resume there.

America 286

America Operations Marketing Regulation 286

Bank Innovation

APRIL 1, 2020

Despite the current economic uncertainty resulting from COVID-19, some business-to-business payment companies are gaining traction with clients and investors alike. “Our Our solution is even more relevant today than it was four weeks ago,” said Sameer Gulati, chief operating officer of the payments company Plastiq.

Company 199

Company Payments Operations Customer Experience 199

Perficient

AUGUST 28, 2020

Utility companies have had a hard summer in 2020! The Perficient Energy team is here to work with Utility companies on next steps. Blackouts and brownouts caused by fires in the West, and Storms on the East Coast and in the Gulf have filled the news. discover and communicate variances.

Analytics 340

Analytics Company Data Comparison 340

Payments Dive

MARCH 25, 2022

What you need to know and consider as you set up payment operations for your business.

Company 370

Company Operations Payments 370

The Paypers

JANUARY 8, 2024

Nu Colombia , a subsidiary of Nubank in the country, has received official approval from the Financial Superintendence of Colombia (SFC) to operate as a financing company.

Operations 36

Operations Company 36

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 187

Operations social media Cards Apple 187

The Paypers

APRIL 16, 2024

Brazil-based financial services platform Nubank has announced its plans to go beyond providing banking services and launch its own mobile phone operator company.

Operations 41

Operations Mobile Company 41

PYMNTS

AUGUST 21, 2020

As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. In addition, he noted that the sale of some of the company’s operations in Britain and North America could be announced soon. billion euros ($2.1

Operations 222

Operations America Cards Compliance 222

PYMNTS

DECEMBER 17, 2020

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8 Co-operative Bank of Kenya works with 8.8

Operations 191

Operations America Payments National 191

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.

Software 294

Software Innovation Company America 294

PYMNTS

MAY 21, 2020

Now, Amazon is taking steps to get operations back on an even keel, according to The Wall Street Journal. The company is set to reschedule its Prime Day for the fall, and plans to resume unlimited shipments of nonessential goods to warehouses. The company also moved to hire 100,000 new employees, and then another 75,000 in April.

Operations 228

Operations Seattle Online Company 228

PYMNTS

NOVEMBER 15, 2020

A new website called FactorForYou has launched that is something of an online dating service for small- to medium-sized business (SMB) owners who want to turn accounts receivable (AR) into cash and the owners of factoring companies that make such transactions happen, according to a press release.

Company 175

Company New Jersey Illinois Ohio 175

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

SEPTEMBER 14, 2020

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. It has also directly developed over 600,000 employment positions domestically throughout operations locations and company offices. “We 14) that it is hiring for 100,000 new regular positions across the U.S.

Operations 141

Operations San Diego Detroit Phoenix 141

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. It also emerged with a $100 million revolving line of credit from Wells Fargo.

Operations 100

Operations Company California Branding 100

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. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. In an age where U.S.

Company 214

Company US Policies Course 214

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

SEPTEMBER 2, 2020

As reported by CNN , Connecticut-based Aquiline Drones is aiming to debut a smartphone app that will allow licensed drone operators to do short-term, project-based work as drone pilots. Federal Aviation Administration (FAA) requires that drone operators be certified. Such visual aids are indeed important in all sorts of applications.

Operations 217

Operations Connecticut Guidelines Course 217

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. The companies said the fact that the agreement was executed Jan.

Operations 225

Operations US Capital Company 225

PYMNTS

JANUARY 21, 2021

United Airlines reported that Q4 2020 operating revenue plunged by 69 percent from Q4 2019 as the pandemic continued to challenge the aviation industry. The company concluded 2020 with $19.7 The company also reported that Q4 2020 operating expenses decreased by 45 percent compared to Q4 2019. carrier to serve India.

Operations 140

Operations United States US Course 140

PYMNTS

NOVEMBER 1, 2020

PROS , which provides artificial intelligence-powered solutions, will be expanding its strategic collaboration with Adobe to include Magneto Commerce , an eCommerce platform, with the goal of helping companies launch eCommerce solutions. PROS Vice President Global Alliances and Partners John Connolly Jr.

Operations 247

Operations Meeting Online Innovation 247

PYMNTS

FEBRUARY 22, 2018

My focus is on our quality of operations and our teams; that’s why I’m here. It’s not clear when, or if, the companies might do so. For example, Uber sold its ride-hailing business to Didi Chuxing , the leading car-sharing company in China, in return for a 20 percent ownership stake in the company.

Operations 115

Operations Company Meeting Marketing 115

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

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. RLJ Financial On Managing B2B Spend With Virtual Cards.

Management 268

Management Cards Company Innovation 268

CFPB Monitor

OCTOBER 17, 2023

California has enacted new climate legislation that will require thousands of public and private companies that conduct business in the state to disclose their Scope 1, 2, and 3 greenhouse gas emissions and climate-related financial risks. Continue Reading

CA 88

CA Company California Report 88

PYMNTS

NOVEMBER 16, 2020

According to a Form S-1 filed with the SEC, the company applied to list its Class A common stock under the “ABNB” ticker symbol on the Nasdaq. Airbnb, which as a private company doesn’t currently release quarterly results, also gave a rare peak at its finances. The company reported as part of the filing that it made $219.33

Company 241

Company New York Community Operations 241

PYMNTS

DECEMBER 10, 2020

This is highlighting companies’ needs to reduce accounts payable (AP) and accounts receivable (AR) processes’ costs as well as to support daily expenditures for remote workforces. Firms with remote employees have to improvise to keep their payments operations running smoothly. Reshaping Business Payments . Much of the U.S.

Operations 192

Operations Payments Cards Mobile 192

PYMNTS

JULY 27, 2020

Cross-border trade and payments have gotten far easier in recent years, and that’s a beautiful thing for recovering companies seeking new territories and customers. Noting that some countries are able to operate more normally now than the U.S., The world economy won’t wait for the U.S. to recover.”.

Operations 183

Operations Fraud Payments How To 183

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

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. A large company tends to have a half dozen — maybe eight or even 10 — payment service providers even if they are not, say, heavily global. FinTechs, such as Modo, handle the technology and the data security issues.

Company 209

Company Fintech Payments Software 209

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

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

CB Insights

JULY 20, 2021

ServiceMax , an asset-focused field service management software, has acquired LiquidFrameworks , an operation management solution, at a valuation of $145M. LiquidFrameworks: Texas-based LiquidFrameworks is a mobile field operations management solutions provider for the energy, industrial, and environmental services industries.

Management 68

Management Operations Company Texas 68