PYMNTS

MAY 29, 2018

As for its African eCommerce unit Jumia , Rocket Internet saw gross merchandise volume increase 71 percent to 151 million euros. RICP, having reached the hard cap of 1 billion [U.S. Sales were up 18 percent after excluding the impact of currency changes.

FinTech 49

FinTech AI Caps Volume 49

PYMNTS

JANUARY 27, 2017

PayPal met analyst expectations as it reported its Q4 2016 earnings yesterday (Jan 26) — while adding active uses and increasing payments volume. The solid performance caps off a particularly active year for PayPal — its first full 365 day term as a fully independent entity. billion of payment volume in the quarter.”.

PayPal 40

PayPal Venmo Volume Adjustments 40

PYMNTS

JANUARY 22, 2018

The rumors were enough to send several dozen brethren down in crypto-land, as Barron’s noted that the top 60 coins — ranked by market cap — slipped in tandem with bitcoin. Another concern: data — as in transaction data — which might need to be shared. If Korean market falls, so might bitcoin, as it’s one of the largest in the world.

Bitcoin 44

Bitcoin Cryptocurrency Caps Governance 44

PYMNTS

APRIL 6, 2018

According to news from The Wall Street Journal , citing South Korean prosecutors, officials detained Kim Ik-hwan, the chief executive of Coinnest — the country’s sixth-largest cryptocurrency exchange based on bitcoin trading volume — and the head of another bitcoin exchange that was not named.

Law Enforcement 43

Law Enforcement Bitcoin Cryptocurrency Caps 43

PYMNTS

JULY 25, 2018

According to UK Finance, a trade association representing the sector that spoke to Reuters , the fees merchants pay are negotiated directly with their services provider and vary based on a wide range of factors, including business type and transaction volume. in 2017, according to Reuters.

Regulations 40

Regulations Card Services Caps Acquirers 40

PYMNTS

JANUARY 12, 2017

Currently, XPR is valued at less than a penny, but it is still the third-largest digital currency based on market cap equal to $245.2 Reuters noted volume over the last 24 hours was around $2.2 According to a statement from Larsen, the executive will continue to play an active role in the development of the blockchain firm.

Digital Currency 40

Digital Currency Cross-Border Payments Bitcoin Cross-Border 40

PYMNTS

MARCH 31, 2017

The estimated market cap is at just over $16.6 Shapeshift will reportedly use the Series A funds to grow its engineering team — an important move to support two new exchange-related products coming to market later in 2017 as well as to handle transaction volume growth. percent from Wednesday’s (March 29) close.

Bitcoin 65

Bitcoin Digital Currency Blocks Volume 65

PYMNTS

JUNE 18, 2018

This week’s B2B Data Digest explores the stats behind these two conclusions, and also dives into separate analysis about the state of small business lending technology, volume and optimism. percent increase in shares at mid-cap regional banks and a 12.1 percent in May, down from 40.2 percent a month prior.

Small Business 44

Small Business Community Banks Credit Union Caps 44

PYMNTS

AUGUST 10, 2017

billion from Samsung’s market cap. Samsung performed well in France in the three months ending in May 2017,” ComTech’s Global Strategic Insight Director Dominic Sunnebo noted. Reports indicate that three new iPhone models — two TFT LCD and one OLED model — have entered volume production. Fast forward 12 months.

Volume 40

Volume Caps On-Demand Product 40

PYMNTS

NOVEMBER 4, 2016

That means that Chase is now able to negotiate pricing directly with merchants – and is the cornerstone of Chase Pay’s announced plans to ditch interchange fees in the traditional sense for a fixed fee to merchants that would decline as merchants add volume. The Take-Away. But we surmise that is just the starting point.

Mobile Payments 69

Mobile Payments Credit Union Debit Card Caps 69

PYMNTS

DECEMBER 10, 2018

Creating a product that pulled funds from depository accounts at other issuers and was accepted at any Mastercard-accepting merchant gave Cap One something new to offer consumers – and a new business model around which to build rewards to get consumers on board. Decoupled debit accounts for very little of ACH volume.

ACH 73

ACH Credential Push-to-Card Breach 73

PYMNTS

FEBRUARY 16, 2017

Amazon’s market cap estimate sat at well over $400 billion. In 2016, payment volume nearly doubled as the service expanded into France, Italy and Spain. Expansion into verticals like government payments, travel, digital goods, insurance, entertainment, nonprofits and charities also facilitated the growth in payment volume.

Volume 40

Volume Facilitators Caps Government Payments 40

PYMNTS

OCTOBER 1, 2018

The DOJ further alleged that LendingClub made the loans to bolster its underwriting figures so that it could make monthly loan volume goals. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

MAY 2, 2017

More telling, according to market watchers, is how Cap One is explaining the apparent weakness. But Cap One isn’t the only issuer experience a sudden spike in losses. Capital One’s first-quarter earnings are a good case in point, as they notched a much higher rate of loss than its management or investors were expecting. percent, up 0.59

Consumer 41

Consumer Caps Issuers Risk 41

Nanonets

SEPTEMBER 17, 2024

This is usually done to train more capable VLMs for other tasks Variations of above mentioned applications can be used in medical, industrial, educational, finance, e-commerce and many other domains where there are large volumes of images and texts to work with. There are broadly two categories of datasets for VLMs.

Best Practices 97

Best Practices Adjustments Assessments Research 97

PYMNTS

MARCH 14, 2017

The market cap sat at just over $407.5 percent of its clothing on Amazon — double the online millennial purchase volume of runner-up Nordstrom. in 2017, said GeekWire. Since Tuesday of last week, AMZN has risen over $8, or about 1 percent, tracking toward the all-time high shares hit in the third week of February.

Caps 40

Caps P2P Continuity Volume 40

PYMNTS

JULY 14, 2017

Interchange fees are capped there, of course, limiting the amount of money that can be gleaned from transactions via personal payments cards. Consider the latest results posted earlier this month by the company, which showed that for the year that ended in February 2017, net losses came in at roughly $8.6 million, far outpacing the $1.8

ATM 43

ATM Accounts Caps Transactions 43

PYMNTS

DECEMBER 8, 2017

An October 2017 survey conducted by the GBTA found that, among 137 U.S.-based On the security front,” he continued, “with pre-authorized dates, amount caps and vendor restrictions, virtual cards limit the company’s exposure to fraud and inappropriate expenditures. Virtual cards enable both of these enviable outcomes.”. “On

Payer 43

Payer Payments Reconciliation Data Breach 43

PYMNTS

NOVEMBER 15, 2019

Prior to their 2017 eCommerce partnership, Nike for many years opted out of an Amazon placement due to concerns that it would weaken the brand. We need to translate this repetitive food and consumable volume into a stronger Walmart.com business that’s profitable over time, so that’s what we’re working on.”.

Consumer 46

Consumer Product Wires Wire 46

Fintech Labs Insights

AUGUST 22, 2024

Only 17 have gone out of business, mostly in the 2014 to 2017 vintage, which makes sense as well-funded startups usually last at least 5 years. QuickFi : Reported a 45% increase in loan volume. Asia 2017 (Hong Kong): Aapay (CLOSED): Mobile payment solutions, experiencing slow growth amid strong competition.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

CB Insights

NOVEMBER 19, 2017

Just as the decreasing costs of computers have rapidly changed the way we learn about our world, the growing volume of small satellites circling the planet (and sending data back to earth) will change the way we learn about our universe. Tech-sector stakeholders are already at work using nanosatellites to plug internet coverage caps.

Research 59

Research Risk Caps Governance 59

PYMNTS

FEBRUARY 5, 2018

Last Wednesday, at the opening of eBay’s 2017 Q4 earnings call, CEO Devin Wenig announced that eBay would, once again, bring payments in-house. Even though PayPal’s stock has taken a hit over the last couple of days, it’s still two times what it was this time last year, with a market cap of $92 billion. eBay’s Groundhog Day.

PayPal 44

PayPal Credit Cards Accounts Risk 44

CB Insights

SEPTEMBER 10, 2019

The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. Despite the growing popularity of Robinhood and similar startup platforms, the well-established incumbent E*TRADE still surpasses its younger rivals, with an $11B market cap compared to Robinhood’s $7B.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

CB Insights

OCTOBER 16, 2018

The online bookseller didn’t turn a profit for six years — today, it’s the second publicly traded company ever to hit a $1T market cap. 2017: Build high standards into company culture. 2017: Build high standards into company culture. Links to Jeff Bezos’s Shareholder Letters (1997-2017).

Innovation 78

Innovation Product Risk Technology 78

PYMNTS

AUGUST 21, 2017

During its Q2 2017 earnings call, CEO Devin Wenig reported that revenues from its marketplace grew at a modest 4 percent and that two million active buyers were added last quarter, bringing its total to 171 million active buyers worldwide. percent in eBay’s Q2 2017 earnings call. With a market cap of $37.2 That was down from 23.8

PayPal 51

PayPal Push-to-Card Consumer Acquirers 51

PYMNTS

DECEMBER 12, 2016

Right now, its only customers are Amazon employees, who are putting it through its paces, but that will change in early 2017, a spokesperson said. Amazon Go, Amazon’s new grocery store format in Seattle, opened last week. The same can be observed for baby wipes.

Consumer 80

Consumer CHIPS Accounts Innovation 80

PYMNTS

SEPTEMBER 6, 2016

Well, it sure feels like next year — 2017 — could be that year. The shift from buying grocery products in a store where consumers can be enticed by end caps and colorful product packaging to online squeezes the big brands, too: They’re not moving stock on the shelves as quickly as they once did. Yeah, big deal, you say.

Online and Mobile Banking 49

Online and Mobile Banking Payments Embedded Payments Push-to-Card 49

CB Insights

DECEMBER 4, 2019

In 2017, Andreessen Horowitz general partner Alex Rampell said that of all the tech giants that could make a major move in financial services: “Amazon is the most formidable. The patent expired in 2017 and opened up the market for competitors to launch off-marketplace payment solutions. children, were unbanked in 2017.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

JANUARY 16, 2018

million students left their homes to study abroad in 2017, up more than 100 percent from the 2.1 which now sees an incoming volume of more than 1 million every year. Many nations — including China, India and some in Latin America — put caps on how much money can be moved out of the country at one time. According to U.S.

Payments 43

Payments Wire Transfer Wires Wire 43

PYMNTS

APRIL 17, 2017

So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press). That churn, and low volume, which also came with a big dose of chargebacks, raised red flags for many. loss last year.

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

PYMNTS

DECEMBER 5, 2016

Now, retail — like banking — is being challenged by a new competitor: that small mom-and-pop online bookseller that, 20 years later, has become the world’s most valuable retailer (as measured by market cap). Amazon didn’t just ride the online wave; it created it and inspired a whole generation of online sellers to do the same.

Online and Mobile Banking 86

Online and Mobile Banking Payments Ubiquitous Consumer 86

PYMNTS

DECEMBER 5, 2016

Now, retail — like banking — is being challenged by a new competitor: that small mom-and-pop online bookseller that, 20 years later, has become the world’s most valuable retailer (as measured by market cap). Amazon didn’t just ride the online wave; it created it and inspired a whole generation of online sellers to do the same.

Online and Mobile Banking 59

Online and Mobile Banking Payments Push-to-Card Consumer 59

CB Insights

MARCH 2, 2018

in market cap. Both companies can afford to spend aggressively on expansion as their stocks have soared — market caps sit at $720B for Amazon and $483B for Alibaba. Alibaba and subsidiary Lazada led internet page visits in August 2017 with 988K, followed by Amazon at 698K. 999 ($15.32) annual Prime membership.

On-Demand 68

On-Demand Acquirers Product Continuity 68

PYMNTS

NOVEMBER 14, 2016

Yes, said Sunnaborg, “there is probably about 90 percent plus mining concentration in China … and a lot of trading volume is also concentrated in China.” Pressed by Webster as to bitcoin’s price level by the end of 2017, Sunnarborg said he’s less focused on price per bitcoin as market cap of the asset.

Bitcoin 82

Bitcoin Cryptocurrency Caps Blockchain 82

PYMNTS

JANUARY 23, 2017

Given that Amazon is presently the largest retailer in the world (by market cap), represents 30–50 percent of all purchases made online in the U.S. If the reporting is accurate, Alexa cost Amazon $330 million in 2016 alone, and the experts are forecasting that figure will increase to more than half a billion ($600 million) in 2017.

Online and Mobile Banking 43

Online and Mobile Banking Volume Enrollments Caps 43

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. Sellers began vigorously competing on price and merchandising. Amazon and Whole Foods, though, are just getting started.

Rules 51

Rules Online and Mobile Banking Consumer Product 51

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. Sellers began vigorously competing on price and merchandising. Amazon and Whole Foods, though, are just getting started.

Rules 44

Rules Online and Mobile Banking Consumer Product 44