2018 Caps Origination 
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.
PYMNTS
FEBRUARY 15, 2019
Other banks originally complained that custodian banks weren’t going to participate. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half. Sloan was disclosing Q4 2018 earnings , and Wells Fargo also reported single-digit gains in credit and debit cards. 15, Sloan said that a U.S.
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PYMNTS
FEBRUARY 18, 2019
In fact, the country’s mobile phone market saw shipments grew 11 percent in 2018 — and smartphone shipments increased 10 percent. He continued, “This was one the key reasons for its growth in 2018, where not only new users shifted towards smartphones , but there was a healthy upgrade within price tiers …”.
PYMNTS
AUGUST 8, 2019
Uber springs to mind here because Softbank has become the company’s largest shareholder, with a slug of January 2018 buys that topped $9.3 When Softbank took its stake in DoorDaash in March of 2018, the valuation was $1.4 The company went public through a direct listing that has a market cap in recent days of $15 billion.
CB Insights
DECEMBER 4, 2019
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. The bulk of growth in 2017 was to businesses in the US, where the company originated $1B in loans.
CB Insights
SEPTEMBER 10, 2019
A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. As of 2018, the app had 3.7M Launched in 2015, Stash had 1.7M
Electronic Payments Coalition
MARCH 26, 2024
merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. The agreement will cap the reduced credit interchange rates for five years, providing an unprecedented level of cost certainty long sought by merchants. merchants, comprised largely of small businesses.
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