PYMNTS

DECEMBER 11, 2019

So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. Since launching its SME and P2P lending services — the latter involves investors found online who take part in the financing programs in hopes of healthy returns — the situation in the region has been, as Moore put it, challenging.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JANUARY 18, 2018

But according to a new report from EY, it would be unfair to say that regulation is the only driving force behind large banks’ changing market strategies. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Banks, of course, cannot ignore the FinTech threat. Optimism Up.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

JUNE 2, 2016

There’s less and less reason for consumers to actually leave their houses, even when it comes to checking off some rather routine errands, and if shoppers do manage to resist the Amazon Freshes of the world, what are the odds they’ll choose the smaller, regional supermarket brand than the larger, more recognizable one?

Austin 100

Austin Course Baltimore Branding 100

South State Correspondent

SEPTEMBER 20, 2023

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity.

Management 195

Management Survey Industry Community Bank 195

PYMNTS

NOVEMBER 7, 2018

But that doesn’t mean other types of apps aren’t finding increasing use among consumers — one of the changes going on that relate to the future earning and marketing power of apps and app stores. It’s not just Asia-Pacific or the United States that are fueling the rise of apps, of course. and Brazil.

Marketing 122

Marketing Google Apple Mobile 122

PYMNTS

MAY 4, 2020

The inaugural edition of the Payments Powering the Platform Economy Report , a collaboration of PYMNTS and Payoneer , offers an in-depth examination of how tailoring payments to geographic markets helps online sellers connect customers with goods during periods of upheaval, or in the regular course of business.

Payments 130

Payments Customer Experience Regional Online 130

PYMNTS

AUGUST 30, 2019

The moves are designed to further last-mile operations in Latin America. Headquartered in Bogotá, Colombia, Cargex has operations in Bogotá, Medellin, Cartagena, Buenaventura and Santa Marta. Upon closing, said FedEx, Cargex would operate as a subsidiary of FedEx Logistics. Lange added that Latin America remains a “key market.”.

America 112

America Miami Regional Operations 112

PYMNTS

NOVEMBER 11, 2020

And for players in eCommerce — especially larger ones in markets that are booming — the Amazon threat is real and ever present. The company will have more autonomy in the direct creation and operation of financial services in Brazil, including financing. Amazon, of course, might beg to differ.

America 178

America Operations Regional Survey 178

PYMNTS

FEBRUARY 17, 2020

Commerce is increasingly crossing borders and currencies, digitally, affording firms of all sizes, and across all verticals, opportunities to tap into new markets. Beyond the cost of the transactions themselves, there’s a palpable drag on operations. This high cost significantly affects an SME’s margin. Wong pointed to the U.K.

Payments 232

Payments Regional Data Management 232

PYMNTS

JULY 17, 2019

In an interview with Karen Webster, Trulioo General Manager Zac Cohen took a multi-market look at government and thematic approaches to setting (and settling on) ID infrastructures. It remains to be seen how such oversight might carry over, or not, into other markets. But looking globally, a fragmented landscape frames the debate.

Course 185

Course Regional Policies Data 185

PYMNTS

JULY 17, 2019

. “We’ve been humbled by investor support over the course of our current fundraising round as they have truly shown confidence in our long-term vision of powering the next phase of technology-enabled growth in Southeast Asia,” said Go-Jek President Andre Soelistyo. The company first expanded into Vietnam, then Thailand.

Payments 134

Payments Regional Course Branding 134

PYMNTS

APRIL 19, 2019

As one can imagine, those small-scale businessmen and women are ridesharing drivers who often work long hours every day to earn income to support their families and businesses — and save up in hopes of taking total ownership of their operations. The only way Grab can grow is if the markets and countries we operate in grow,” he said.

Regional 196

Regional Operations Mobile Examples 196

PYMNTS

NOVEMBER 26, 2019

In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. But financial regulatory compliance can be a headache for any market. Resuming Operations. Lithuania wants to become a global FinTech powerhouse.

Compliance 182

Compliance Regulation Fintech Resources 182

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

Online 176

Online San Francisco Capital Operations 176

PYMNTS

APRIL 10, 2020

This is true for the payments industry at large as well as for the vertical markets Flywire serves, including education, healthcare and travel. Like all of us, our clients are trying to navigate the best path to support their employees, customers, partners and community — and, of course, to protect their bottom line.

Payments 150

Payments Regional Resources US 150

PYMNTS

OCTOBER 20, 2020

But he said that since the region’s average monthly income is less than $400, “we knew if we wanted to go massive, we would have to go downscale.”. Despite low average incomes, Latin America offers a huge overall market size and growth potential. You can get your food in four minutes for a couple of dollars.”.

Company 184

Company America Kentucky Regional 184

PYMNTS

MAY 25, 2018

Sourcing, marketing, selling and payments: Harnessing the power of digital could make any new or relatively small company a global star. They explored the advantages that financial services firms can tap into by moving some of their operations to the cloud. That can be easier said than done, of course.

Regional 109

Regional Regulation Meeting Security 109

PYMNTS

MARCH 26, 2020

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. Often, these smaller FIs are inundated with projects that are specific to the legacy products they have offered to the market, said Davis.

Community 247

Community Community Bank Mobile Cards 247

South State Correspondent

DECEMBER 8, 2023

The real reason that this conference makes our favorites list is that this is one of the few conferences where we can learn what the largest and most progressive banks are doing in the market. Many banks were looking to install more automation to lower operating costs. Increasing lifetime value was a common discussion with every bank.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

OCTOBER 9, 2019

H owever, nothing is easy in life (your parents were right) and that nugget of wisdom served as a central theme of a recent PYMNTS discussion with Rakan Alhassan, operations and marketplace director at UReed. The reliance on cash in many of the markets served by UReed, Alhassan said. Among the main challenges? Payment Lessons. “

Regional 122

Regional Trends Cards Millennials 122

South State Correspondent

MARCH 6, 2023

Credits will deteriorate much faster if an economic downturn stresses net operating income (NOI). Many national and regional banks incorporate a minimum debt yield ratio as an underwriting criterion. That is a standard commercial real estate loan in today’s community bank market (1.15X DSCR and 67% LTV).

Community Bank 195

Community Bank Community Lending Regional 195

PYMNTS

AUGUST 15, 2019

The deal was given the green light by the country’s central bank in July, and will cover the processing of debit card operations. Go-Jek’s Go-Pay is Indonesia ’s market leader in mobile on-demand services and payments platforms, aiming to accelerate services across the 640 million underserved and unbanked consumers of Southeast Asia.

Company 115

Company Payments Cards System 115

PYMNTS

NOVEMBER 22, 2016

And while that trend is universal, the Asia-Pacific region is a particular hotbed for mobile FinTech. Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. Earlier this month, MC Payment said it raised $3.5

Regional 100

Regional Mobile Payments Trends 100

Jeff For Banks

DECEMBER 15, 2021

This is a tall order because in my experience, branch profitability is not widely calculated, and certainly not widely used in creating the operating discipline needed to deliver to the bank's stakeholders. Instead, what if the bank aspires to be the number one business bank in their markets? What's their plan? a branch manager).

Regional 78

Regional Management Guidelines Retail 78

PYMNTS

MARCH 10, 2020

In January eCommerce leader Wayfair had to thin its employee ranks to meet profit targets, and just this week regional Midwestern home furnishings retailer Art Van Furniture filed for bankruptcy with minimal customer notice. Furniture is of course dependent on supply chains. office furniture market size was estimated at $10.74

United States 130

United States Course Groups Retail 130

PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates. Uber’s Move.

Innovation 116

Innovation Chicago San Francisco Seattle 116

PYMNTS

MARCH 24, 2020

To integrate payments in the most efficient way, it, of course, helps to define what integrated payments actually mean, across a constantly shifting payments ecosystem. But when it comes to embedding payments, scale can be a challenge as they enter new markets and expand their customer bases. The Evolution Of Embedded Payments .

Innovation 141

Innovation Payments Software Customer Experience 141

PYMNTS

OCTOBER 22, 2019

But merchant services programs can offer a way for those smaller FIs to gain and retain an edge – assuming, of course, it’s all done right. Small community banks often face even tougher prospects in this new and emerging world of payments, given their relatively limited resources, marketing and technological capabilities.

Community Bank 116

Community Bank Community Operations Leadership 116

PYMNTS

MARCH 23, 2020

To that end, American Airlines Group (and a number of peers) said last week that it has shifted some of its passenger jets – where, of course, passengers would have filled the space – and put them to work transporting cargo. restrictions on European countries.” The carrier noted that the vast majority of its flights had been grounded.

Fort Worth 179

Fort Worth Dallas Strategy Conference 179

PYMNTS

SEPTEMBER 26, 2019

However, being invisible is not nearly enough for payments operators as the new decade approaches, as Tom Villante, CEO and co-founder of Yapstone , recently discussed with Karen Webster from PYMNTS. Speed is among those factors that are rapidly increasing in importance, no matter the geographical market, product or service.

Payments 219

Payments Fraud Data Marketing 219

PYMNTS

DECEMBER 28, 2020

I mean, throughout the Latin American region that has happened, but it has been massive in Brazil. We saw market research a couple of weeks ago that indicates the market evolved about 10 years in eight weeks in terms of increase in penetration. “Brazil at the beginning of last year was a different Brazil, for sure,” he said. “We

Lending 220

Lending Data Marketing Regional 220

PYMNTS

SEPTEMBER 22, 2017

Eatery chain BJ’s Restaurant and Brewhouse, for instance, announced its (over 21) customers in select California markets can now have popular alcohol options delivered along with their takeout orders — all as part of a new partnership with delivery service DoorDash. . It seems that an old track can, in fact, learn new tricks.

Mobile 129

Mobile Report New York California 129

PYMNTS

MAY 5, 2019

The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”. And Ripple has announced that Yoshitaka Kitao, Representative Director, President & CEO of SBI Holdings Inc.,

Bitcoin 136

Bitcoin blockchain Massachusetts New York 136

PYMNTS

MAY 3, 2019

The two of them operate a program that enables airlines to accept instant online bank payments for consumers’ ticket purchases. Over time, those innovations can certainly make inroads in markets where cards are currently dominant. At least that is the message UATP has been sending recently. and the U.K.

Payments 209

Payments Innovation Fintech Cards 209

PYMNTS

APRIL 23, 2019

Tick down the list of offerings spanning decades (the Mac, the iPhone, the iPod, iTunes, the iOS operating system/ecosystem), and one can find that the ways we communicate, listen, stream and, indeed, interact with technology have all shifted.

Apple 200

Apple Cards Payments Course 200

Perficient

NOVEMBER 5, 2020

Many companies fell somewhere in between, of course. They feel like they’re an extension of your team, which means less churn and drain of knowledge over the course of the engagement. Building a team in this manner means more velocity and faster time to market. Camilo : The early 2000s marked the start of our transformation.

Software 501

Software America US Leadership 501

PYMNTS

FEBRUARY 3, 2020

And of course, the new year is roughly only a month old. The emergent form of coronavirus that originated in China’s Wuhan region continues to spread and pick up fatalities. Although authorities knocked down two of the biggest criminal markets online recently, new exchanges quickly take their place. Until next week.

Bitcoin 132

Bitcoin Data Retail Charlotte 132