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. Going cashless has long been a conversation in the consumer payments world, but a report from HSBC in the U.K.

Credit Cards 75

Credit Cards Payments Governance Government 75

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

FICO

AUGUST 29, 2018

Earlier this year at FICO World 2018 , we held a session on the growing application of pricing optimization to mortgage loan books. We think we can deliver a couple of basis points worth of value on the portfolio while holding volume flat. FICO has been a great partner in delivering that solution. What sort of ROI can you deliver?

AI 49

AI Volume Caps Regulations 49

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

JANUARY 31, 2020

Its skyrocketing share price pushed its market cap over the $1 trillion mark. He added that he fully expects that “we’ll start to lap this,” and costs will become more efficient as volume grows, new routes are put into place and additional delivery technology is added into the mix. billion, well ahead of analyst expectations of $86.02

Caps 46

Caps Volume Technology 46

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

CB Insights

DECEMBER 4, 2019

The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay. In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. 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 2, 2018

Saying Apple didn’t make money during its first fiscal quarter of 2018, would not be fair, either. On the somewhat less diplomatic side, one investor has proclaimed Q1 2018 was “not a quarter to brag about,” while Bloomberg led with “It’s not time to hit the Apple panic button yet.”.

Caps 40

Caps Returns Volume Research 40

Fintech Labs Insights

DECEMBER 15, 2021

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Went public June 2018. Market cap: $82B (15 Dec 2021). Market cap: $80.2B (15 Dec 2021). Downtime equals lost revenue, so it’s not a function easily entrusted to a startup. FAB Score = 5,780. –

Small Business 15

Small Business Processors NOV Digital Payments 15

Fintech Labs Insights

JUNE 29, 2023

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Adyen FAB Score = 4,190 (down 340) – HQ: Amsterdam – Founded: 2006 – Went public June 2018 – Raised $1.4B all prior to 2021 ( Crunchbase ) – Market cap: $48.6B (29 June 2023) – Revenues: $7.4B

Small Business 15

Small Business Processors Digital Payments Online and Mobile Banking 15

PYMNTS

JANUARY 13, 2020

Grubhub saw its market cap reduced to $4.79 10, 2020 , down from a high of $13 billion in September 2018 and $7.3 This opportunity to handle delivery-only orders in delivery-only facilities gives restaurants more control over the margins made on those orders and more chances to add incremental volume to their business.

On-Demand 61

On-Demand Consumer Volume Participant 61

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

JANUARY 31, 2020

The big winner in the headlines race this week was certainly Amazon, which dropped a stronger than expected Q4 earnings report capped off with the announcement that its Prime membership subscriptions had reached the 150 million user mark. According to CEO Jeff Bezos, “more people joined Prime this quarter than ever before.”.

Push-to-Card 53

Push-to-Card Caps Mitigation Posting 53

PYMNTS

AUGUST 6, 2018

Grubhub made news a couple weeks ago when it simultaneously delivered a very strong Q2 2018 earnings report and announced the acquisition of LevelUp. In February of 2018, Yum! Grubhub today has an $11 billion market cap with 15.4 Big, Little Online Market Share. Those diners place 423,000 orders a day for delivery.

Mobile Payments 50

Mobile Payments Consumer Point-of-Sale (POS) Volume 50

Fintech Labs Insights

AUGUST 22, 2024

QuickFi : Reported a 45% increase in loan volume. Africa 2018 (Cape Town): Bambu (CLOSED): Raised $13M, for its robo-advisory services OUTvest (acquired by Alexforbes): Online investment advisor, strong growth through user-friendly platform and competitive fees. Remynt : Won a $100k grant from Visa in Oct 2023. SAVVI AI : Raised $5.6M

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

JANUARY 15, 2019

Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan on Tuesday (Jan. 15), as the financial institution (FI) disclosed its Q4 2018 earnings. The bank, trying to restore trust among consumers and commercial clients, said full-year 2018 revenue decreased about 2.3

Credit Cards 46

Credit Cards Federal Reserve Caps Debit Card 46

PYMNTS

JANUARY 15, 2019

A Federal Reserve asset cap on Wells Fargo & Co. 15) as the financial institutions disclosed its Q4 and 2018 earnings. The bank, trying to restore trust among consumers and commercial clients, said that full year 2018 revenue decreased about 2.3 Debit card point-of-sale purchase volume, meanwhile, reached $89.8

Credit Cards 43

Credit Cards Federal Reserve Debit Card Online and Mobile Banking 43

PYMNTS

FEBRUARY 7, 2020

Try this: for the first time in the four years since PYMNTS began tracking checkout conversion, eTailers report that they’ve lowered aggregate volume of sales at risk at checkout by $76 billion within a single year. Did someone say happy holidays? What Exactly Are “At Risk” Sales?

Point-of-Sale (POS) 52

Point-of-Sale (POS) Risk Volume Caps 52

PYMNTS

JANUARY 8, 2020

billion in 522 deals, a 30 percent growth over 2018, ZAG law firm announced Tuesday (Jan. 2019 marked a record year, capping a decade of successive increases in capital invested in the Israeli high-tech industry,” said Shmulik Zysman, ZAG founding partner. Israel’s technology sector had a banner year in 2019, raising $8.3

AI 64

AI Caps Cybersecurity Laws 64

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

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

PYMNTS

JULY 27, 2018

Looking at the marketplace for Voice AI assistants at 2018’s halfway mark , there is a lot going on and a lot of territory still to pursue. Cross-border volumes: Healthy to say the least, as evidenced by Mastercard and Visa , where the numbers are up double digits year over year. Consumers still at the ready, with wallets still open.

Cross-Border 40

Cross-Border Caps AI Visa 40

CB Insights

OCTOBER 29, 2018

Sears declared bankruptcy in October 2018. Wall Street saw dollar signs and speculation drove stock prices to highs like C$124 ($90) per share and a market cap of C$398 billion ($268) in September of 2000. Free 25 page download of the startup failure deep dive report. Don’t fail. 32) in August of 2002.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

CB Insights

NOVEMBER 19, 2017

live Briefing: Game Changing Startups of 2018. 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. First Name. What are nanosatellites?

Research 59

Research Risk Governance Government 59

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. No surprise that all of these firms have gone to the well of venture capital raising — which will likely happen after the next 12 months, and thus sometime during 2018.

ATM 43

ATM Accounts Caps Transactions 43

PYMNTS

FEBRUARY 5, 2018

The year is 2018. According to sources at PayPal, under the terms of the deal, Adyen will process the unbranded card payments on eBay starting in mid-2018, and then only for a small number of pilots that will account for a small (think single digits) volume of payments. eBay’s Groundhog Day. Where does that leave us?

PayPal 44

PayPal Credit Cards Risk Accounts 44

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 59

Best Practices Adjustments Assessments Research 59

PYMNTS

FEBRUARY 15, 2019

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. The bank, trying to restore trust among consumers and commercial clients, said full-year 2018 revenue decreased about 2.3

Point-of-Sale (POS) 53

Point-of-Sale (POS) Debit Card Federal Reserve Caps 53

PYMNTS

DECEMBER 13, 2018

Mail volume is off (we’ll get to the financials) and, at the same time, the service must pay billions of dollars in healthcare and retirement benefits annually. The Treasury report stated that “the USPS’ long-term sustainability is in question,” even in an age when eCommerce has boosted shipping volumes. 30, 2018 was $3.7

Treasury 58

Treasury Volume Caps Legal 58

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

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. Paytm Mall is projected to handle a gross merchandise volume of $3B in the financial year ending in March, and is targeting $10B by March of 2019.

On-Demand 68

On-Demand Acquirers Product Continuity 68

PYMNTS

OCTOBER 6, 2017

Other than perhaps the very largest players in the game, most loan lenders can’t soak that kind of volume loss, since payday lending (contrary to public opinion) is not a high-margin business to start with. There are no caps on annual interest rates on loans (though some states like California do have them).

CFPB 51

CFPB Regs Rules Credit Union 51

PYMNTS

OCTOBER 6, 2017

Other than perhaps the very largest players in the game, most loan lenders can’t soak that kind of volume loss, since payday lending (contrary to public opinion) is not a high-margin business to start with. There are no caps on annual interest rates on loans (though some states like California do have them).

Rules 40

Rules CFPB Credit Union Regulations 40