PYMNTS

AUGUST 16, 2019

The sources pointed out that about one-third of its employees left in 2018. We’ve invested heavily in cybersecurity and will continue to do so,” said a bank spokeswoman. Safeguarding information is essential to our mission and to our role as a financial institution.

Caps 67

Caps Security Cybersecurity Breach 67

PYMNTS

JULY 2, 2018

At the start of 2018, Bloomberg said Apple’s stock market value was 50 percent larger than Amazon’s, but now the gap is closer to 10 percent. As of stock market close on Friday (June 29), the spread between the two companies’ market caps sat around $85 billion. At the same time, however, Amazon has been gaining steam.

Caps 40

Caps Continuity Consumer Technology 40

The Fintech Times

AUGUST 12, 2024

per cent between 2018 and 2023, highlighting the increasing reliance on debit cards as a preferred payment method. As debit usage continues to grow, the study also highlights emerging challenges and opportunities for issuers. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

Debit Card 64

Debit Card Consumer Debit Transaction Point-of-Sale (POS) 64

PYMNTS

APRIL 15, 2019

It’s been a rough ride for Lyft with the approach of Uber’s initial public offering (IPO), and that dim trend continued on Monday (April 15). After a 20 percent stock price decline last week, that price hit a 52-week low on Monday – a drop that reportedly sucked $1 billion from Lyft’s market cap. By 1:55 p.m.

Continuity 46

Continuity Mobile Payment Processing Caps Consumer 46

PYMNTS

MARCH 19, 2018

Concerns over regulation will likely continue to plague the crypto, according to analysts. This week, Fundstrat explained how the crypto could even possibly fall below $6,000 — which is interesting, since its founder Tom Lee began the year predicting that prices would reach $25,000 by the end of 2018.

Bitcoin 49

Bitcoin Continuity Regulations Caps 49

PYMNTS

DECEMBER 12, 2018

The growth was partly driven by new regulations; India was helped along by the government placing caps on terminal charges and also pressuring banks to recruit more merchants. In the European Union, interchange fees were capped in 2015, and in Brazil, caps were announced in March of 2018.

Caps 71

Caps Payments Funds Transfer Government 71

PYMNTS

DECEMBER 19, 2018

With the launch of Ingo Money QuickConnect last week , the company capped off a year that CEO Drew Edwards told Karen Webster could best be characterized as the “Great Awakening” of push payments. We’ve finally moved beyond ‘so what is a push payment?’ to ‘how do I deliver real-time payments or fast funds to my customers?’” Edwards explained.

Push-to-Card 68

Push-to-Card Payments PayPal Zelle 68

PYMNTS

APRIL 8, 2020

The endgame is for those SMBs, most of which have had to close or drastically reduce operations to prevent the spread of the coronavirus , to be able to continue to pay employees and keep the lights on while social distancing and lockdown rules are in effect.

Shutdown 104

Shutdown Small Business Caps Governance 104

Electronic Payments Coalition

MARCH 26, 2024

The Durbin-Marshall bill has had no debate, no legitimate hearing and continues to be unnecessary. merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. VISA STATEMENT: SAN FRANCISCO–(BUSINESS WIRE)–Mar. Interchange rates will not go up.

Agreements 52

Agreements Payment Networks Settlement Credit Cards 52

PYMNTS

JANUARY 16, 2020

Apple and Amazon hit the trillion-dollar mark in the summer of 2018. Apple was the first tech giant to see its market cap top $1 trillion. Amazon hit the $1 trillion mark in September 2018, but never went beyond it and has since dropped below. per share — a market cap of $964 billion. which owns Alphabet shares.

Caps 52

Caps Research Continuity Posting 52

Fintech Review

AUGUST 29, 2024

Celebrating the second anniversary of its native cryptocurrency, WBT , WhiteBIT has seen its price double to over $10 with a market cap of $1.4 WhiteBIT continues to lead in blockchain innovation, driving technological advancements and supporting the global crypto community.

Blockchain 52

Blockchain Innovation Multi-Currency NFTs 52

PYMNTS

NOVEMBER 11, 2020

Big technology firms in China are suffering as regulatory issues continue, triggering falling share prices, according to a CNBC report on Wednesday (Nov. It is also lower than Ant Group’s valuation in a 2018 funding round of $14 billion. Hong Kong shares of Alibaba dropped 9.8 percent; Tencent declined 7.39

NOV 83

NOV Regulations Rules Caps 83

PYMNTS

MARCH 11, 2019

In the wake of a slew of European money laundering scandals, deposits in the euro zone region from foreign countries dropped significantly in the latter half of 2018. The former Latvian government set a cap on foreign deposits after the collapse of ABLV, at 5 percent.

Money Laundering 59

Money Laundering AML Non-Bank Caps 59

PYMNTS

FEBRUARY 13, 2020

“2019 was another record year for WEX , capped off by an impressive fourth quarter driven by double-digit, top-line growth and strong operating leverage,” said Melissa Smith, WEX’s chair and CEO. The company also saw continued growth in its Shell and Chevron business, and a higher-than-expected contribution from the U.S.

Volume 60

Volume B2B Caps Transactions 60

PYMNTS

JANUARY 7, 2020

per share — a market cap of $964 billion. per share in July 2018. He added that, as the company continues to diversify itself, those issues become a lesser concern. “We Google parent company Alphabet and Facebook , despite a number of looming competition and antitrust investigations for both companies from U.S.

Regulations 52

Regulations Caps Governance Government 52

PYMNTS

DECEMBER 9, 2020

As a result, the S-1 filing with the SEC shows revenue growth of more than 220 percent measured through the first nine months of the year, and yet operating losses continuing (though they are decreasing). It remains to be seen whether those caps will proliferate or stick. The top line grew by 226 percent to $1.9

Caps 76

Caps Audit Accounts Consumer 76

CB Insights

DECEMBER 12, 2019

In 2018, startups in the space raised more than $45B , a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. However, the company’s stock price has plummeted in the last 5 years, with its current market cap clocking in at closer to $1.1B.

FinTech 41

FinTech Caps Acquirers Issuers 41

PYMNTS

AUGUST 28, 2018

The second quarter of 2018 was kind to such retailers as Target , Macy’s , Walmart and Nordstrom. trillion in market cap by 2024 — fueled, in part, by the increasing importance of advertising revenue for the eCommerce operator, along with the continued role of Amazon Web Services. in August alone.”.

Caps 40

Caps Consumer Continuity Economy 40

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Highlights from the fintech 250 Class of 2018. Phone number. Click to enlarge. .

FinTech 80

FinTech Debit Card Payment APIs and Integration Push-to-Card 80

PYMNTS

AUGUST 14, 2018

“If you are a homeowner and your home is continuing to go up in value, you feel much more comfortable investing back in that home,” he noted. percent in fiscal 2018, Home Depot said, up from a previous target of 5 percent growth. Sales on a per-square-foot basis climbed 8.6 Same-store sales should be up about 5.3

Caps 40

Caps Transactions Posting Continuity 40

PYMNTS

JANUARY 31, 2020

Story was acquired by Macy’s in 2018, and its themed marketplaces have popped up in numerous Macy’s locations since then. Brands such as Ulta Beauty and Sephora are continuing to open new stores, which could be motivating Macy’s to compete in that area. Their market cap is about 5.2 They were down 0.6

Caps 43

Caps Acquirers Continuity Product 43

PYMNTS

FEBRUARY 18, 2019

And the company said in a statement that “growth continues to be healthy across our Family and Student plans, and the strong retention characteristics of this base continue to drive churn lower.”. In fact, the country’s mobile phone market saw shipments grew 11 percent in 2018 — and smartphone shipments increased 10 percent.

Disputes 58

Disputes Caps Consumer Research 58

PYMNTS

DECEMBER 16, 2016

The price of bitcoin has continued its December climb this week. We have 73 machines in 17 markets in eight states, and we’re going to continue to grow with demand.”. Possibly even a couple of other continents by 2018. The total market cap of all outstanding bitcoin right now is over $12.5 on Tuesday afternoon.

Bitcoin 83

Bitcoin ATM Caps Digital Currency 83

PYMNTS

DECEMBER 22, 2020

And the Italian retail association Confesercenti has asserted the new program does little to boost purchasing as most card users already spend more than the 3,000 euros-per-year cap set by the program, Reuters said. I think we will see cash back continue to increase in popularity,” Roncari predicted.

Credit Cards 75

Credit Cards Payments Governance Government 75

CB Insights

SEPTEMBER 13, 2018

Below, we compiled a list of the top 10 tech companies in the US by market cap (as of 9/6/18) and analyzed their private market activity in the healthcare space. Top tech companies have participated in 27 funding rounds in 2018 so far — already equal to the total number of deals seen in 2014. First Name.

Participant 73

Participant Acquirers Blockchain Caps 73

CB Insights

APRIL 4, 2019

Github ($7.5B, 2018) is a source code management platform. Since being acquired by Microsoft, its division continues to develop the application under the name Microsoft Visio. Microsoft has spent over $63B for its top 10 deals (roughly 7% of its current market cap ). It is now known as Microsoft Development Center Norway.

Acquirers 69

Acquirers Caps Checks Product 69

PYMNTS

JUNE 18, 2018

Interestingly, while the report found that big traditional banks continue to increase their SMB lending activity, separate analysis suggests that these FIs are losing ground to their smaller competitors in the small business finance race. percent increase in shares at mid-cap regional banks and a 12.1 percent in May, down from 40.2

Small Business 44

Small Business Community Banks Credit Union Caps 44

Fintech Labs Insights

AUGUST 22, 2024

QuickFi: Continues to disrupt equipment financing with mobile-first technology, expanding customer base. Fall 2022 (New York): Debbie: Raised $2.7M, continued expansion in automated financial services for personal finance management. seed round in Oct 2023 from 8 investors including YC and a16z (scout fund). SAVVI AI: Raised $5.6M

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

FEBRUARY 21, 2018

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. McMillon assured investors that 2018 should see an average eCommerce sales growth rate of 40 percent. This issue, among others, is on Walmart’s priority list for 2018.

Correspondent 40

Correspondent Acquirers Caps Continuity 40

CB Insights

NOVEMBER 5, 2019

In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap. In this analysis, we highlight 5 ways Ant Financial and Tencent are continuing to refine their fintech growth playbooks. in transaction value in Q2’19.

FinTech 51

FinTech Small Business Online and Mobile Banking Push-to-Card 51

PYMNTS

OCTOBER 15, 2018

Separately, the fallout in the United Kingdom tied to the fall of Carillion continues. The SMEs have been hurt by caps on lending. The data come from an EOS study titled “2018 European Payments Behaviors” that had been done by the Kantar TNS Infratest Independent Market Research Institute across 3,200 companies.

Payments 49

Payments Non-Bank Caps Central Bank 49

CB Insights

MARCH 27, 2019

Facebook, for example, disclosed that an unprecedented data breach in September 2018 exposed the social media accounts of up to 90M users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account. Collectively, FAMGA has poured nearly $2.5B Table of contents.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

CB Insights

DECEMBER 4, 2019

Continue to reduce any buying/selling friction. In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. In March 2018, Greenlight Financial announced crossing 100,000 customers, growing its customer base 300% since the investment. That scale would make Amazon Go a $4.5B

Online and Mobile Banking 101

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

PYMNTS

FEBRUARY 12, 2018

At the same time, the market caps of the top 20 retailers have lost more than $230 billion over the last two years, and mall operators are sucking wind as overstocked anchor stores shutter underperforming locations, which delivers a death knell for the stores that depend on anchor store foot traffic to lure customers in. percent in 1947.

Caps 54

Caps Online and Mobile Banking P2P Economy 54

PYMNTS

MARCH 7, 2018

The addition of blockchain to the dictionary is symbolic of the technology’s continuing proliferation. To date, an estimated 130 deals have been inked in 2018, valuing about $400 million. The latest data on blockchain investments and adoption offer more concrete evidence of this trend.

Blockchain 64

Blockchain Distributed Ledger Technology (DLT) Authentication Cryptocurrency 64

PYMNTS

FEBRUARY 7, 2019

Heading into the future, he said the restaurant chain plans to continue testing the concept by opening a few more dozen of the lanes this year with a combination of freestanding and end-cap buildings. Niccol noted that the company opened the doors to 137 new restaurants in 2018 “with industry-leading returns.” The Road Ahead.

Caps 55

Caps Returns Innovation Transactions 55

PYMNTS

FEBRUARY 4, 2020

A 2018 report in Forbes cited research from the Journal of Business Venturing, which found that equity crowdfunding is often a last resort for SMBs when traditional and internal funding options run dry. “The Lozano said some SMB owners will express doubt at this model, lamenting, “‘I don’t want 500 people on my cap table.’”.

Underwriting 52

Underwriting Finance Small Business Participant 52