PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. Absa Group Collabs With Surecomp. BNL Goes Live With Tink.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

JUNE 8, 2020

The National Health Service (NHS) provided Palantir Technologies with volumes of personal information including contact details, gender, race, occupation, health conditions, criminal offenses and religious and political affiliations, according to the 37-page contract that was published online.

National 130

National Software Google Big Data 130

PYMNTS

DECEMBER 11, 2020

These interactions must give consumers the impression that they are still transacting with the same bank regardless of which channel they have chosen to use, said Eric Schuppenhauer , president of consumer lending and national banking at Citizens Financial Group. It goes to consistency of process,” he said in a PYMNTS interview.

Groups 169

Groups Mobile Tools Branding 169

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Millennials and Gen Z are among the groups that are most likely to have received instant payments. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic. Walmart+, Amazon Prime Face off as Consumers Decide Who Gets Their Business.

Online 148

Online Payments Millennials Apple 148

Bank Innovation

JUNE 22, 2016

Among the banks are Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and ATB Financial. San Francisco-based Ripple announced that seven global banks have joined its network to improve their cross-border payments experience. All of the banks tested transferring money Read More.

San Francisco 250

San Francisco Groups blockchain Payments 250

PYMNTS

APRIL 3, 2018

to Ingenico Group ’s Telium Semi-Integrated solution. Ingenico Group has helped KFC U.S. To provide customers with a fast and secure payment solution no matter where they pay, KFC uses a mix of Ingenico Group’s iSC250 and iPP350 smart terminals at the counter and iPP350 smart terminals for its drive-thrus.

Groups 101

Groups Payments Kentucky Customer Experience 101

CFPB Monitor

SEPTEMBER 22, 2022

Expressing a range of concerns, several key industry groups submitted comments to the Federal Trade Commission (“FTC”) last week regarding its proposed rule that would impose new substantive and disclosure obligations on auto-dealers in the auto finance process.

Regulation 148

Regulation Groups Customer Experience Retail 148

PYMNTS

NOVEMBER 23, 2017

New York Venture Bank, a new financial institution (FI) created by big names in the financial services industry, has applied for a national bank charter. Carpenter currently serves as chairman of Pacific Mercantile Bancorp and as a consultant to the group through his Carpenter & Co. According to a Wednesday (Nov.

New York 100

New York National FDIC Lending 100

PYMNTS

AUGUST 21, 2020

The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. The first big move was the introduction this month of an online marketplace to enhance the popular Kroger Ship service and widely expand the digital assortment of private-label products that Kroger has on offer.

Online 160

Online Seattle NV Oklahoma 160

PYMNTS

MARCH 7, 2017

A new study from the NPD Group revealed how changing consumer needs and the evolving retail marketplace contributed to increased online apparel sales in the U.S. The growth of online shopping was boosted during and immediately after the holiday shopping season, which the report identified as one of the biggest retail shifts in 2016.

Online 101

Online Retail Millennials Groups 101

PYMNTS

AUGUST 8, 2019

The collaboration gives the 12,000-plus national ACTA members an opportunity to tap into Western Union’s payments expertise and knowledge of foreign currency transactions and currency risk management, according to a Western Union press release on Thursday (Aug. The newly-launched money transfer service is available online with EasyWeb.

Groups 178

Groups Payments Risk Management Cards 178

PYMNTS

AUGUST 29, 2017

As Australian regulators continue to press the nation’s largest banks for fairer small business lending practices, a new small- to medium-sized businesses (SMB) lending platform is headed for the market. Australian Finance Group said Monday (Aug. 28) it is planning a soft launch of its small business loan platform, AFG Business.

Groups 109

Groups Lending Training Regulation 109

PYMNTS

APRIL 9, 2020

The quartet includes Zillow Group, Offerpad, Redfin and Opendoor Labs. In terms of the big picture, “if you want to stress test the businesses, this is it,” said Mike DelPrete, scholar in residence at the University of Colorado Boulder, who studies iBuyers as a group. “I Their stomping grounds, of course, are tied to the U.S.

Online 181

Online Colorado Metro Study 181

PYMNTS

JANUARY 7, 2021

In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) warned that the pandemic could flatline financial services companies. Ant Plans Credit Unit Overhaul to Avoid Sharp Drop in Loans.

Survey 172

Survey Payments Groups Data 172

PYMNTS

OCTOBER 17, 2017

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. As of 2017, online retail sales account for 12 percent of total retail transactions in the United States, but 50 percent of retail sales growth over the span of the previous year.

Retail 114

Retail Online United States US 114

PYMNTS

APRIL 9, 2020

million ransom to get their systems back online, The Wall Street Journal reported. The hacking group, also known as REvil, told the BBC that they gained access to the company’s computer network last year and downloaded 5GB of sensitive customer data.

Report 279

Report Groups Data Cards 279

PYMNTS

NOVEMBER 24, 2017

This Cyber Monday could be the biggest online shopping day in history, according to Wednesday (Nov. Rather, it indicates a strengthening economy and an overall increase in spending both online and in physical store locations. By comparison, just 48 percent of survey respondents said they planned to shop online on Cyber Monday.

Online 108

Online Comparison Survey Trends 108

PYMNTS

APRIL 24, 2017

Recovery has been slow for the national grocer since prices fell in February. Meanwhile, international retail food group Ahold Delhaize (AD) saw shares fall some more, not benefiting from the same springtime boost grocery and other stocks have seen. Kroger (KR) shares also looked to finish up for the week, though only marginally so.

National 108

National Retail Branding Course 108

PYMNTS

OCTOBER 23, 2020

In today’s top payments news around the world, Facebook is bringing its online dating tool to Europe, while cross-border mobile messaging program WhatsApp is introducing new offerings that will let companies sell inside of chats. billion matches, with people connecting “through things they have in common, like interests, events and groups.”

Payments 142

Payments Groups America Tools 142

Bank Innovation

NOVEMBER 23, 2016

Banco Santander has also dropped out of the R3 CEV Blockchain Group. This news follows yesterday’s news that Goldman Sachs, one of the group’s original founders, chose not to renew its membership or invest further in the consortium.

blockchain 150

blockchain Groups National Online 150

PYMNTS

JANUARY 13, 2019

All India Online Vendors Association, a trade group representing online merchants in India, vowed to appeal a ruling by the Competition Commission of India that favored Flipkart , the eCommerce company owned by Walmart. Chanakya Basa, a lawyer for All India Online Vendors, said it will appeal the ruling.

Online 188

Online Groups National Examples 188

PYMNTS

SEPTEMBER 17, 2020

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. Citycon runs 40 shopping centers throughout Estonia and the Nordic nations, Bloomberg reported.

Operations 159

Operations Philadelphia United States Online 159

PYMNTS

JULY 21, 2020

In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 The San Jose, California-based online selling mega corporation’s classifieds’ platforms include a dozen brands in 13 countries.

San Jose 130

San Jose Online Branding National 130

CFPB Monitor

MAY 29, 2019

The FTC has released the final agenda for its June 11, 2019 workshop that will examine consumer protection issues related to the online event ticket marketplace. The morning sessions will focus on ticket bots, the Better Online Ticket Sales Act (BOTS Act), and consumer protection issues around ticket availability.

Online 60

Online Groups National Industry 60

PYMNTS

AUGUST 7, 2020

India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19 , but the nation of 1.3 To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. In July, the National Payments Corp.

Payments 267

Payments Guidelines National System 267

PYMNTS

OCTOBER 16, 2019

In August, Facebook instituted changes to its advertising policies as the result of a settlement it reached with anti-discrimination groups and the federal Department of Housing and Urban Development (HUD). In regard to big national banks, or even regional banks, he said, that rule makes some sense.

social media 110

social media Online Groups Community 110

PYMNTS

SEPTEMBER 22, 2020

Plus, digital payment provider Ant Group is looking for a record return as it goes public. JD won’t be the only online shopping company to work with the PBoC to bring cryptocurrency to the country. Ant Group Investors Drive IPO To $35B. JD.com Joins China’s Central Bank To Advance Digital Currency. 18) and Saturday (Sept.

cryptocurrency 200

cryptocurrency social media Payments Groups 200

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. There are real opportunities for those brands that deeply understand their consumer.”.

Millennials 200

Millennials Retail United States National 200

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

Millennials 199

Millennials National Groups Cards 199

PYMNTS

NOVEMBER 13, 2020

12) earnings call, Martin Lau, Tencent president, told analysts that the proposed new laws will not overly affect its online entertainment and gaming business. Jack Ma’s Ant Group is the financial arm of his Alibaba Group. On a Thursday (Nov. Regulators hinted that FinTech companies could be treated more like banks.

Regulation 227

Regulation social media Video Groups 227

PYMNTS

NOVEMBER 3, 2020

Furthermore, the new funding round is meant to also grow the firm’s presence or capacity to serve customers in other nations like Indonesia, Thailand and Singapore. Pacific Century Group (PCG) headed up the round, while MassMutual Ventures Southeast Asia and Visa were among the other investors.

Payments 263

Payments Resources Lending Online 263

PYMNTS

JULY 1, 2020

A group of big European banks is planning to challenge Visa ’s and Mastercard ’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. . A so-called “scheme manager” will be the central governing body, the online news service reported.

System 327

System Payments Cards Groups 327

PYMNTS

OCTOBER 14, 2016

The same premise holds true today and poses a knotty question in online commerce and FinTech: How do you know the person on the other end of a transaction is really who they say they are? Long ago, a cartoon ran in The New Yorker showing a canine seated at a desktop computer. “On

Fraud 100

Fraud Online social media Risk Management 100

PYMNTS

APRIL 27, 2020

The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. The latest data on customer behavior comes as the Retail Industry Leaders Association (RILA) and National Retail Federation released a Blueprint for Shopping Safe.

Dallas 258

Dallas US Retail Texas 258

PYMNTS

OCTOBER 5, 2020

Its technology provides an online application for trade finance through a distributed ledger trade network that enables entities to manage their own information as they transact, while looking at shared data with their service providers and trading partners. Ant, which runs the Alipay mobile payment app, debuted Trusple in Shanghai on Sept.

User Experience 188

User Experience Groups blockchain Online 188

PYMNTS

NOVEMBER 24, 2020

InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company , a press release says. With the investment, Hippo will be able to keep expanding its online home insurance business across the U.S., a national property and casualty insurer. billion at that time.

Risk Management 174

Risk Management Capital Online Analytics 174

PYMNTS

JANUARY 1, 2021

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The proposal also mandates more disclosure on "online advertising and on the algorithms used to recommend content to users.". In China, of course , Ant Group is reportedly being told to switch focus back to payments business.

Regulation 352

Regulation social media Course Apple 352