PYMNTS

FEBRUARY 18, 2019

China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms, according to a Reuters report. The charges stem from illegally using P2P platforms to gather funds. trillion yuan ($217.96

Lending 129

Lending Regional Operations National 129

PYMNTS

AUGUST 17, 2020

PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Twenty-eight percent of PREIT’s portfolio consists of local and regional tenants.

Philadelphia 164

Philadelphia Regional United States Community 164

PYMNTS

JANUARY 7, 2020

Research companies predict for the digital lending market in Southeast Asia to more than quadruple to $110 billion in the next five years. Their holders can take deposits from retail customers, but must have $1.5 Their holders can take deposits from retail customers, but must have $1.5 Winners will be announced in mid-2020.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6 Consumer mortgage and installment lending are in the mix as well.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

DECEMBER 30, 2019

The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions. Reuben Lai, Senior Managing Director with Grab Financial Group, said the core of their mission has always been to “solve everyday challenges and unlock economic potential” in the region.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

AUGUST 11, 2017

According to a report by the country’s 12 regional Federal Reserve banks, over half of all startups report difficulty in securing loans, and 81 percent report having had to dip into their personal funds to cover gaps in their corporate cash flow. Plus, PayPal can do what it most wants to: meet more of the needs of its customers.

Lending 117

Lending Capital Video Online 117

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

SEPTEMBER 7, 2018

The bank aims to focus on small business (SMB) and consumer lending, as well as digital financial services for its customers. In another statement, Temenos’ Regional Director for Europe Steen Jensen said Praxia sees an opportunity in Greece’s financial services market. billion by 2022. billion by 2022.

Lending 123

Lending Customer Experience Regional Survey 123

PYMNTS

FEBRUARY 13, 2020

Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. Other, Individual presentations (with just three of the main markets noted below) delved into the market specific opportunities by region and country, detailing total addressable markets that stretch into the trillions of dollars.

Payments 163

Payments Regional America Cards 163

PYMNTS

NOVEMBER 22, 2019

VTEX has been around since 1999, but it hasn’t had the need to raise a significant amount of capital thus far, mostly operating off of its own revenues. . The fund has also invested in delivery company Rappi, lending outfit Creditas and tech company QuintoAndar. Gomide said VTEX needs to look beyond just serving its own region. “At

Software 108

Software America Regional Tools 108

Abrigo

NOVEMBER 1, 2019

This demand for retail deposits is keeping deposit rates higher than they typically stay when wholesale rates start to drop. In retail deposit markets this shows up in the form of short-term CD rates being almost as high as long-term CD rates. Do they focus on lowering operating costs? The first is loan mix.

Lending 150

Lending Examples Marketing Retail 150

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. See all of the latest B2B fundraises below. SaaSOptics.

Capital 128

Capital Lending California Regional 128

CB Insights

FEBRUARY 13, 2020

Business lending and corporate cards. Sigma aims to streamline business operations. Square has since expanded its offerings to standalone, integrated point-of-sale terminals, as well as a broader ecosystem of applications and services such as lending (Square Capital), payroll services (Square Payroll), and rewards (Square Loyalty).

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 15, 2020

While our lending business has served Main Street small businesses for years, we knew that as our sellers and their communities were facing deep economic uncertainty, we could play a meaningful role in disbursing stimulus funds,” said Jacqueline Reses , the head of Square Capital, in a statement. “In

Capital 141

Capital San Francisco New Jersey Massachusetts 141

Abrigo

DECEMBER 19, 2019

In 2020, we will likely see financial institutions putting more emphasis on automating time-consuming, manual processes that bog down lending decisions. By automating these mundane, laborious tasks, lenders and credit analysts are then able to focus their time on the borrower or member and make faster, more efficient lending decisions.

Lending 195

Lending Fraud Community FDIC 195

PYMNTS

DECEMBER 9, 2020

Clearly there's regional saturation, which leads to consolidation.”. And with COVID-19 as an incredible accelerant to digitization in 2020, every merchant needs to have a digital proposition and a “minute-by-minute, day-by-day, month-by-month lending proposition” that they can access, Lukies said.

Innovation 306

Innovation Fintech Payments Regulation 306

FICO

SEPTEMBER 28, 2020

I’ll be participating in an excellent panel, “ Balancing Fraud Prevention & the Customer Experience ,” at the first virtual edition of CBA LIVE , the must-attend annual event for the retail banking industry. Jason has been with Citizens for three years, leading the Fraud Detection and Claims Operations teams since 2016.

Customer Experience 59

Customer Experience Fraud Strategy Compliance 59

PYMNTS

APRIL 2, 2018

The financial institution currently targets the Caribbean with its banking services and, according to analysts, its financials remain strong despite natural disasters in the region. billion in 2017, though operating losses widened during that time. In February, alternative lending company TruFin, based in the U.K.,

US 112

US Capital Regional Analysis 112

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JANUARY 16, 2019

Instead, focusing on adjusting geographic coverage of trade finance operations, and introducing new technologies like digital ledgers for trading customers, will become the priority. A new report from the Trade Advisory Network warned that it’s not just traditional FIs that could pull back from the trade finance space.

Survey 137

Survey Operations Technology Regional 137

PYMNTS

JULY 8, 2016

The Asia-Pacific region undoubtedly led the way, with India securing the largest investment of the week (alternative SME lending) and other deals reaching Australia and China in the logistics, cross-border payments and SaaS segments. ” Alternative Lending. Check out our breakdown of all the deals below.

Capital 101

Capital Lending Industry Management 101

FICO

APRIL 27, 2021

Grupo Monge, one of the largest multinational retail companies in Central America, has used analytic decisioning to improve the way it evaluates and grants credit to its customers, especially those previously excluded from being able to access loans. Loans That Improve Lives.

Analytics 52

Analytics Analysis Management Risk Management 52

PYMNTS

JULY 6, 2018

Nordea Bank, which is among the biggest firms in its region, is, in fact, shuttering 6,000 jobs, and that downsizing comes in tandem with digital initiatives. The firms have said that the Tochka Bank integration with SimplyFi has been popular with retail and services companies. with an eye on expansion into other markets in Europe.

Fintech 102

Fintech Lending Technology Regional 102

PopularBank

OCTOBER 2, 2020

A Message from Popular Bank Chief Operating Officer Manuel Chinea. I am proud to share that Popular’s commitment to meeting the diverse and growing needs of our customers and communities across all our regions is stronger than ever before. On October 5, Popular will proudly celebrate our 127 th year of service.

Community 98

Community New York New Jersey Meeting 98

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. The UK, in particular, has seen the most challenger bank activity compared to other regions, as a result of progressive regulations enacted to promote competition and break up the banking monopoly.

Retail 78

Retail Digital Banking Fintech Regulation 78

PYMNTS

APRIL 10, 2018

Reports in ImpactAlpha on Monday (April 9) said Peru-based Tienda Pago, which operates in Peru and Mexico, secured $7.5 Tienda Pago provides micro loans to small- and medium-sized retailers in the form of lines of credit that last one week. According to Gabbay, the region struggles with late supplier payments.

Mobile 100

Mobile America Regional Marketing 100

CB Insights

AUGUST 26, 2021

Many of SoftBank’s portfolio companies operate across a variety of different industries. Retail & consumer. SoftBank has invested in 35 companies in the retail & consumer sector in 2021 so far, making it the most popular sector among its 2021 investments. Konfio , for instance, provides business credit and lending.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

MARCH 11, 2016

MPD CEO Karen Webster recently hosted a live digital discussion with Martin Schrimpff, Co-Founder of PayU , during which they addressed the necessity for a unique approach to payments in the region, and how to turn challenges into opportunities across the continent. Operating locally can give a payments service provider a distinct advantage.

America 100

America Payments Fraud Case Study 100

Gonzobanker

JANUARY 17, 2020

For execs who climbed the ladder in finance, lending or branches, buckle in because the techies are about to steal the show. New regional banks will struggle with operational maturity and customer experience. The talent arms race is beginning to cut into progress on operating efficiency.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

PYMNTS

SEPTEMBER 11, 2019

In a bit of granular detail, the authority will offer up two “full bank” licenses, which will allow non-banking companies to offer a gamut of services, including taking on deposits from retail customers. That license will let the challenger bank launch banking operations, regulated by both the PRA and the Financial Conduct Authority (FCA).

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

OCTOBER 15, 2018

One vendor at past festivals, who sold nuts to concertgoers, said that the company that operated the festival, as well as others in the region — WCMC, which in turn is owned by IMG — allowed vendors to keep cash proceeds from sales. The SMEs have been hurt by caps on lending. Lenders include Bank of America and Wells Fargo.

US 124

US Payments Oregon Report 124

PYMNTS

DECEMBER 9, 2016

The Asia-Pacific region reigned again with two deals in Australia and Singapore, while the U.K. Alt-Lending. The Asia-Pacific region scored again with Tjaara’s funding worth $1.2 and the U.S. round out the rest of the investment activity. Over the weekend, Australia’s Timelio revealed a $3.7

Fintech 100

Fintech blockchain Capital Metro 100

PYMNTS

NOVEMBER 18, 2016

Asia outpaced North America in funding volume for the FinTech world, and this week’s B2B venture capital roundup seems to reflect that, with several deals from VCs in the region. Alternative Lending. P2Binvestor uses a crowdfunding model and partnerships with retail and institutional investors to provide factoring loans to SMEs.

Fintech 100

Fintech US Capital Community 100

Independent Banker

JULY 31, 2022

Community banks need to take advantage of the digitalization of banking operations.”. ? You don’t go to school to learn how to become head of deposit operations. Recruiting is easier in some regions than others. When designing an operating budget, one obstacle is the unpredictability of the COVID-19 virus. Connors, Jr.,

Strategy 135

Strategy Community Bank Louisville Community 135

FICO

JUNE 17, 2021

This is a great opportunity for retailers to diversify their payment options and maximise the possibility of meeting the demand, but when met with the following set of options at checkout, any customer would feel intimidated. However, many others now operate more as a ‘loan’ and can be easily identified by the ‘terms apply’ message.

Fraud 52

Fraud Payments Retail Cards 52

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. We salute a legend of lending and credit union leadership.

Fintech 143

Fintech Strategy Leadership Lending 143

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Goes to MoneyLion for lots of obvious inappropriate behavior including violating the Military Lending Act regarding capped lending rates. Knowledgeable from retail to complex treasury needs, Cody is one of the best. talent market.

Community 216

Community Fintech Industry Innovation 216