PYMNTS

JULY 1, 2020

have established an $800 million fund to boost trade finance in emerging markets. Across the globe, the COVID-19 pandemic is disrupting supply chains, decreasing demand, and causing overall market anxiety,” said Paulo de Bolle , global director of IFC’s Financial Institutions Group, in a statement. The International Finance Corp. (

Marketing 232

Marketing Washington New York Fintech 232

PYMNTS

MARCH 11, 2019

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. At the same time, new technologies are coming on the market to serve these merchants. The global POS terminal market’s expected value by 2023 is $109.5B.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

JULY 1, 2020

have established an $800 million fund to boost trade finance in emerging markets. Across the globe, the COVID-19 pandemic is disrupting supply chains, decreasing demand, and causing overall market anxiety,” said Paulo de Bolle , global director of IFC’s Financial Institutions Group, in a statement. The International Finance Corp. (

Marketing 193

Marketing Washington New York Fintech 193

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. For more on this and other developments, take a look at the Playbook’s News and Trends section.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

SEPTEMBER 28, 2020

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. Unfortunately, our country was one of those where technological understanding and tech culture is low.”.

Marketing 237

Marketing Survey Online New York 237

Perficient

SEPTEMBER 19, 2023

Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities. Disrupt to win in the increasingly competitive insurance market. What Matters Most to Insurers in 2023?

Conference 221

Conference Strategy Innovation Industry 221

PYMNTS

JANUARY 27, 2021

Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions. Those advanced technologies offered by Minna look at consumers’ payments patterns and can see Netflix, Spotify and recurring insurance payments, for example.

Management 181

Management Technology Cards Retail 181

PYMNTS

MAY 2, 2019

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” stores with the technology this year.

St. Louis 129

St. Louis San Antonio San Diego Los Angeles 129

PYMNTS

APRIL 1, 2020

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five. Yi said the impact of COVID-19 caught Zoku Sushi “completely flat-footed” by the nearly overnight shutdown that came to its base of operations in Midtown Manhattan.

Operations 171

Operations New Jersey Connecticut Course 171

PYMNTS

AUGUST 21, 2020

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to go public long prior to bringing in positive income, The New York Times reported. The California firm provided its investors with financial information before the intended market introduction.

Report 250

Report United States New York Big Data 250

PYMNTS

FEBRUARY 15, 2018

Founded in 2012, Payworks offers a variety of omnichannel payment providers a next-generation payment gateway technology, operated in the cloud and provided in a Software-as-a-Service model. Payworks announced that it has completed a $14.5M

Technology 100

Technology New York Innovation Payments 100

PYMNTS

OCTOBER 11, 2020

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Also, Jennifer Mathissen was named chief marketing officer.

Lending 160

Lending New York Virginia Boston 160

PYMNTS

AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”.

Bitcoin 165

Bitcoin New York United States Leadership 165

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

PYMNTS

JULY 20, 2018

The situation seemed to recently come to a head, as the company told employees that it was shuttering its operations. Despite the struggles of Chef’d, the announcement came at a surprising time: The meal kit startup said in June that it had inked a deal to sell the kits in Walgreens and Duane Reade stores in the New York area.

Operations 100

Operations Retail Branding New York 100

PYMNTS

MARCH 9, 2020

The coronavirus could have wide-reaching effects on medical facilities, eCommerce retailers, technology and the economy as a whole. Other top management members will also willingly reduce theirs by as much as 50 percent until the travel market bounces back. Here are the latest updates on the coronavirus around the world.

Policies 141

Policies New York San Francisco Seattle 141

PYMNTS

JULY 10, 2020

Yotpo, the New York-based eCommerce marketing platform, has been selected as a partner by the UPS Customer Technology Program ( CTP ) that promises to provide small and medium-sized businesses (SMBs) with access to customer reviews, visual marketing, loyalty and referrals, the company announced.

Atlanta 160

Atlanta Branding New York Mobile 160

PYMNTS

MARCH 11, 2020

A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). . OTG operates 350 restaurants and shops in 10 airports, including in Minneapolis, Washington D.C.,

San Francisco 130

San Francisco Minneapolis Philadelphia Seattle 130

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

AUGUST 16, 2019

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., The bank is targeting the middle-market and niche clientele, it noted. Axos Bank is also focusing on the small and medium-sized business (SMB) market. The bank announced Thursday (Aug.

Los Angeles 101

Los Angeles New York FDIC Lending 101

PYMNTS

FEBRUARY 2, 2021

Visa , which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer that will waive some of the costs connected with getting online and taking digital payments on Super Bowl Sunday (Feb. 7), according to a Tuesday (Feb.

Tampa 211

Tampa San Francisco New York Miami 211

Perficient

MAY 27, 2022

As the center of the American financial landscape, it is probably not surprising that New York was the first state to implement regulations specifically designed to cover cryptocurrency activity. For instance, Coinbase can only offer about half the coins available on its platform to New York customers. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

APRIL 7, 2020

The New York-based credit issuer pledged to help defend businesses and their employees through free cyber vulnerability assessments and identity theft protection for the 28 million SMBs eligible to participate in the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP). “We

New York 167

New York Community Tools Maine 167

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. Company hires nearly 100 new staff globally in H1 2022, including senior appointments to support expansion. The expansion has been accomplished through cross-selling products to existing customers and new client acquisition.

New York 87

New York Software Capital Leadership 87

PYMNTS

NOVEMBER 30, 2020

The new financing, a Series C round, is aimed at “accelerating” the growth of the company, building up its technological base and offering new products, per the release. The transaction highlights Arma’s “deep sector expertise in digital marketplaces and food technology,” Arma noted in the release. and the U.S.

New York 141

New York Capital Meeting Technology 141

PYMNTS

JUNE 9, 2020

Betting going public will take advantage of a resurgence as the market recovers from COVID-19, Lemonade Inc. , the technology-driven startup, has filed an initial public offering (IPO), the company announced Monday (June 8). . population. It also provides liability insurance in Germany and the Netherlands.

New York 130

New York Capital Conference Policies 130

PYMNTS

JULY 27, 2020

Rush Street Interactive (RSI) said on Monday (July 27) that it will go public via a merger with dMY Technology Group , one of a new wave of special acquisition companies, or SPACs, backed by deep-pocketed investors, which hunt for tech unicorns or other promising startups to take public.

Online 142

Online Indiana New Jersey Colorado 142

PYMNTS

JANUARY 28, 2019

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities. In New York this month, credit card surcharges got the okay.

Cards 125

Cards New York Oklahoma Connecticut 125

Independent Banker

APRIL 30, 2022

But with so much emphasis placed on customer-facing products and technologies, innovating back-office operations can fall to the bottom of the priority list. We believe operations is the “engine” that drives every aspect of banking and, ultimately, the bottom line. Unbundle your end-to-end operations and conduct a SWOT analysis.

Innovation 91

Innovation Community Bank New York City Community 91

PYMNTS

NOVEMBER 30, 2020

30) and would value the New York-headquartered startup at more than $1 billion, the sources said. Shopify teamed up with Kustomer in July to advance more efficient operations. The deal could close by the end of the day on Monday (Nov. Following a private funding round last year, Kustomer was valued at $710 million. .

New York 140

New York Software Capital Regulation 140

PYMNTS

SEPTEMBER 15, 2020

Ackman's case, he said, grew out of watching the disappointing private investment and IPO failures amid the tumultuous stock markets of the pandemic, and wanting a more surefire way to fund promising ventures. II, would be merging with property technology firm Opendoor.

Capital 150

Capital New York Trends Company 150

PYMNTS

JANUARY 8, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. The move also aims to expand Rockwell’s expertise in information technology and operational technology (IT/OT) cybersecurity services.

Las Vegas 132

Las Vegas Milwaukee Security New York 132

PYMNTS

APRIL 12, 2019

It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 In March, the company filed for an initial public offering (IPO) on the New York Stock Exchange. retailers online in markets across Africa, according to reports.

New York 209

New York Mobile Course Payments 209

PYMNTS

OCTOBER 23, 2019

The company was started in 2015 in Tel Aviv and is now based in New York. Fabric is also starting a new platform model that will allow its customers to have on-site micro-fulfillment operations powered by the company’s technology. Those centers will be equipped to provide quick, on-demand deliveries. “It

New York 100

New York Operations Retail Resources 100

Insights on Business

APRIL 2, 2019

The costs of running payments operations, complying with a myriad of regulations and enforcing payments standards are increasing. Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. Applying technologies to modernize payments.

Payments 125

Payments New York City Fraud New York 125

PYMNTS

SEPTEMBER 18, 2019

Payments companies Global Payments and TSYS ( Total System Services ) have finalized a merger deal that creates a combined pure play payments technology company with substantial international presence and expansive scale, the company said in a press release on Wednesday (Sept. million merchant locations in 100-plus countries. . “We

Payments 181

Payments Georgia New York Leadership 181

PYMNTS

JANUARY 27, 2020

grocery market at approximately 3.5 With the expansion, food retailers are feverously working to adapt their operations as they take on the jobs shoppers once did such as selecting groceries and bringing them to their houses. The firm, which is now based in New York, was started in 2015 in Tel Aviv.

Online 141

Online Regional New York Retail 141