PYMNTS

FEBRUARY 24, 2020

Pepsi has purchased Be & Cheery, a Chinese company that sells online snacks, for a reported $705 million, according to a report Monday (Feb. The move, if approved by Haoxiangni shareholders and China’s top market regulators, would make Pepsi “China’s leading consumer-centric food and beverage company.”. 24) by CNN.

Marketing 130

Marketing Regional Study Course 130

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

DECEMBER 10, 2020

Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.” The legal framework for digital services has been largely unchanged in the region for about 20 years. That’s even as “repressive regimes around the world use draconian legal frameworks to stifle online freedoms.”.

Company 225

Company Regulation Taxes Regional 225

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

AUGUST 20, 2018

The case against them, and the decision it rendered, deviated sharply from the traditional Sherman Act cases that accused companies of using their market power to raise prices to the detriment of the consumer. By 2009, A&P had shrunk in size and became a modestly sized regional chain. Regulators didn’t destroy A&P in the end.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

OCTOBER 14, 2020

“There has been a structural change in the market, and customers’ behavior is unlikely to go back to what it was before the pandemic.”. A number of analysts have predicted that even when the pandemic is brought under control, a significant portion of shoppers will continue shopping online. million on a peak day last year.

United States 260

United States America Regulation Regional 260

PYMNTS

APRIL 16, 2019

Walmart CEO Doug McMillon went on a two-day trip to Bangalore, India and said his company is committed to the Indian market, and that the country presents a huge opportunity, according to reports. McMillon was asked about the changes to India’s market, such as the regulations put in place on Feb.

Marketing 156

Marketing Leadership Meeting Regulation 156

PYMNTS

JUNE 29, 2020

The rise of online and contactless transactions in the European Union, for example, has meant that many merchants are making the bulk of their sales away from brick-and-mortar stores. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

How To 239

How To Payments Management social media 239

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

America 165

America Regulation Regional Tools 165

PYMNTS

JANUARY 15, 2021

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Its digital ecosystem operates as an integrated regional platform that enables businesses and individuals to trade products and services. MercadoLibre’s bonds started trading on Jan.

Regional 207

Regional America United States Operations 207

PYMNTS

APRIL 30, 2020

The COVID-19 pandemic has caused an impact on open banking developments worldwide as regulators, financial institutions (FIs) and businesses set their sights on helping their current customers rather than future innovations. where regulators have been workshopping potential rules for several years. Seventy percent of U.S.

Regulation 188

Regulation Regional Data United States 188

PYMNTS

JUNE 3, 2020

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. One difference is the use of debit cards online.

America 248

America Regional Fraud Mobile 248

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. In fact, the U.K.’s

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

FEBRUARY 25, 2020

Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances. These differences will become critical as the finance world grows smaller, thanks to online and Open Banking. and the U.S. and the U.S.

Regulation 140

Regulation Compliance Online Data 140

PYMNTS

NOVEMBER 17, 2020

“Using FiDaaS, financial institutions can rapidly and dramatically expand the addressable market for their services while minimizing risk. Banks face new competitive pressures and commodification of transactional services, and they need to unlock new addressable markets and deliver new services.

Regional 150

Regional America Regulation Fintech 150

PYMNTS

FEBRUARY 4, 2020

Open Banking’s European success has kicked off interest in similar regulations worldwide, most notably in China, India and Singapore, where digital banking’s popularity among general consumers is rapidly rising. GDPR and PSD2 have significantly shifted how EU banks and businesses exchange online funds and consumer data.

Fraud 144

Fraud Regulation Compliance Innovation 144

PYMNTS

OCTOBER 14, 2020

The four intended to start a new marketplace software product for the Latin America region. That didn't take off — and the four founders instead began trying to solve the more simple issue of how to get small- to medium-sized businesses (SMBs) selling online.

America 215

America Regional Lending Online 215

PYMNTS

NOVEMBER 15, 2016

What’s more, Reuters reported that White said the SEC is looking at how and when distributed ledger systems, like blockchain, will be introduced in equity markets. The report noted SEC Commissioner Michael Piwowar said the regional offices of the SEC could serve as centers for FinTechs to receive guidance on regulations.

Online 100

Online Regulation Regional Lending 100

PYMNTS

SEPTEMBER 3, 2019

It’s another thing to walk the walk, especially when it comes to giving sellers the chance to gain new revenue via online marketplaces and new markets. Tsang told Webster that the firm had opened up shop in Vietnam, putting feet on the street in this emerging market for cross-border commerce. Other Markets.

Marketing 116

Marketing Mobile Payments Online 116

PYMNTS

JULY 22, 2020

And in bank regulation, open banking is developing at a fast clip in Brazil, while the pandemic may have sped up the digital banking shift in many markets beyond the region. consumers who expect to do a majority of their shopping online after the pandemic. $6M: All this, Today in Data. Data: . 23%: Share of U.S.

Innovation 130

Innovation Regional Data Digital Banking 130

PYMNTS

JANUARY 18, 2017

Not only does it require a significant shift in the behavior of consumers but also a complete mindset change for banks, merchants and even regulators. KW: How do you get the consumers — who, in many of these markets, are very cash-centric — on board? Here is an excerpt of the conversation…. KP: It’s a chicken-and-egg situation.

Marketing 100

Marketing Regional Mobile Regulation 100

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. The Pandemic And The Privacy Question .

Study 192

Study Data Regulation Digital Banking 192

PYMNTS

DECEMBER 12, 2019

Players in the sharing economy must contend with an increasingly complex online payments ecosystem as they move into new regions and attract participants to their platforms. Fraud, Payment Regulations Are Affecting Seamless Payments. This requires payment innovation that matches both owners’ and renters’ market-specific needs.

Payments 137

Payments Fraud Regulation Innovation 137

PYMNTS

OCTOBER 8, 2018

In today’s age of tightening Know Your Customer ( KYC ) regulations, Know Your Supplier has also become an equally important priority in B2B trade. It’s not surprising, then, that for many businesses, the in-person networking events are more popular than online networking platforms.

Regional 188

Regional Online social media Compliance 188

PYMNTS

MARCH 31, 2020

With the investment, MatchMove, which is also based in Singapore, will be able to extend its “banking-as-a-service” wallet capability to Shopmatic’s ecosystem spanning over 435,000 eCommerce small and medium-sized businesses (SMBs) and individual entrepreneurs across the region.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

JANUARY 15, 2018

China steps up its regulation of cryptocurrency trading by going after online platforms and mobile apps. Citing people familiar with the matter, Bloomberg reported China’s regulators are eyeing internet-based platforms and mobile apps that provide customers with exchange-type services. percent in London to $13,580.50.

cryptocurrency 146

cryptocurrency Bitcoin Regional Regulation 146

PYMNTS

JANUARY 31, 2020

Financial institutions (FIs) and merchants in the European Union (EU) have had some time to get used to both the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2). Australian regulators are still deciding how Open Banking will affect FIs within their country.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

JULY 17, 2018

In one case at the state level (and it’s New York, so movement there carries much weight within the financial arena), Bloomberg reported that NY’s financial regulator is challenging what the newswire terms a “fundamental principle” on bank and FinTech relationships that brings interest rate caps into that regulator’s crosshairs.

Fintech 100

Fintech Regulation New York Management 100

PYMNTS

JANUARY 22, 2021

In the Land Down Under, the ripple effects of the clash between regulators and a giant in online search (that would be Google , of course) may be such that consumers are left searching for search. According to Statista , Google has almost 90 percent market share in Australia. The tightrope is a tough one to walk.

Google 188

Google Texas New York California 188

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. In China, there is [an] ever-shifting gray line,” Chorzempa said.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

JULY 24, 2020

The July Payments Powering the Platform Economy Report examines how international eCommerce platforms work to create transaction experiences that are compelling and secure for users in each market they serve. Platforms also need to be sure that they can comply with the regulations of each country they serve. Read more in the Report.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

OCTOBER 16, 2019

In regard to big national banks, or even regional banks, he said, that rule makes some sense. The intention is to prevent a variation of digital red-lining — wherein FIs can use known data about certain ZIP codes and regions as a proxy for screening data they are explicitly not allowed to use to exclude certain types of borrowers.

social media 110

social media Online Groups Community 110

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

FEBRUARY 2, 2021

Global consumers moved online in droves to fulfill their financial needs in the wake of the ongoing pandemic, leaving businesses and financial institutions (FIs) to catch up with increased payment volumes. FIs and payment providers need to collaborate accordingly, both inside and outside their own markets, for this to happen.

Payments 103

Payments Regional Regulation Examples 103

PYMNTS

AUGUST 21, 2019

European challenger banks like Monzo and N26 are expanding to new markets and an increasing number of other financial players are launching suites of products and services designed to entice customers away from their traditional financial institutions (FIs). For more on these stories, visit the Tracker’s News and Trends.

Trends 194

Trends Digital Banking Innovation Regional 194

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. The impact is not consistent.”

Risk Management 221

Risk Management Management Lending Capital 221