PYMNTS

DECEMBER 11, 2018

Bitcoin, the world’s best-known cryptocurrency, continued its downward slide on Tuesday (Dec. If the ubiquitous digital currency continues its slide to below $3,220, that would be its lowest level since Sept. The percentage of traders net-long is now its lowest since Nov. percent since end of day Monday.

Bitcoin 67

Bitcoin Continuity Cryptocurrency Ubiquitous 67

PYMNTS

DECEMBER 1, 2019

On Thursday (Nov. Enterprise software provider Sage is expanding through the acquisition of human resources (HR) solutions provider CakeHR. 28), CakeHR announced on its company blog that Sage is acquiring the firm to integrate its HR offerings into Sage’s broader enterprise resource planning (ERP) and small business software tools.

Continuity 56

Continuity Payment APIs and Integration Payment Gateways Small Business 56

Open Banking

NOVEMBER 15, 2024

This includes the referenced opportunities to make account-to-account payments a ubiquitous payment method, as well as the support for the continuing progress in variable recurring payments. There are 11 million active users of open banking and the ecosystem is already worth more than £4 billion to the economy. But we can go further.

Ubiquitous 52

Ubiquitous Payments NOV Government 52

PYMNTS

NOVEMBER 2, 2020

Burkhard Ley, the financial chief of Wirecard from 2006 to 2017, was released from jail on bail after three months behind bars, Munich prosecutors said Monday (Nov. 2), according to FT.

Continuity 59

Continuity Processors NOV Crime 59

PYMNTS

NOVEMBER 16, 2018

Even with efforts to stem the decline in correspondent banking, The Financial Stability Board (FSB) noted on Friday (Nov. The shift could possibly cause payments to move underground and particularly impact nations that are dependent on remittances, Reuters reported. 16) that the practice still fell in popularity in 2017.

Correspondent Bank 76

Correspondent Bank Correspondent Regulations Money Laundering 76

PYMNTS

DECEMBER 7, 2018

The company continues to grow. Currently, Netflix offers three price plans, and the company said it won’t lower the cheapest one. For the mobile plan, it’s looking to give customers a different version of the service that’ll be priced lower and will be added as a fourth pricing tier. of which came from international markets.

NOV 53

NOV Consumer Continuity 53

PYMNTS

DECEMBER 1, 2020

The International Monetary Fund (IMF) said Monday (Nov. 30) in a statement that the second wave of the coronavirus is stifling an economic rebound in the eurozone and additional funding could be necessary. Rising infections and re-imposed lockdowns have damaged confidence and lowered mobility,” according to the statement.

Continuity 67

Continuity Economy NOV Facilitators 67

Fintech News

DECEMBER 2, 2024

Digital lending in Vietnam, Source: 2024 e-Conomy SEA, Google, Temasek and Bank and Company, Nov 2024 Additionally, the wealth and investing sector is seeing growth and evolution. The payment vertical continues to dominate, with 48 companies and a share of 21.8%. In 2023, the number of domestic stock trading accounts reached 7.2

Financial Inclusion 69

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 69

PYMNTS

NOVEMBER 5, 2019

On Friday (Nov. “Any impact to financial results will depend on a variety of factors, including timing of the rollout to the marketplace, how the products are placed at the point of sale and how aggressively the competition chooses to price its foreign exchange,” the release said. Revenues of $324.5 million were off by 6.5 million.

Continuity 40

Continuity NOV Adjustments Agreements 40

Fintech News

DECEMBER 4, 2023

Despite high-interest rates, plunging fintech valuations, and a slowdown in external deal activity, the environmental, social and governance (ESG) fintech sector is proving resilient and continuing to thrive as evidenced by the ESG fintech investment reaching an all-time high just recently. billion in 2024.

FinTech 112

FinTech APACS NOV Authorization 112

PYMNTS

JANUARY 16, 2017

Spending on a mobile device continues to gain in popularity and is expected to continue to rise in the coming years,” Visa said. “While eCommerce helped fuel all the peak shopping days during the holiday season, Cyber Monday was still the largest eCommerce shopping day of the season. The results are in line with U.S.

NOV 47

NOV Continuity Consumer Accounts 47

PYMNTS

NOVEMBER 18, 2019

Finance reported Monday (Nov. Legislation in California that aims to expand worker protections for so-called gig economy workers has led to a debate in the state’s freight services market and a lawsuit hoping to block the law.

Laws 40

Laws Legal Continuity Blocks 40

PYMNTS

NOVEMBER 24, 2020

Bitcoin continued its price climb today (Nov. In other news, SBI VC Trade , a subsidiary of SBI Holdings, announced today (Nov. 24), rising above $19,000 in the morning, CNBC reported. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different.

Bitcoin 135

Bitcoin Digital Currency Cryptocurrency NOV 135

PYMNTS

NOVEMBER 13, 2020

Walmart is extending most of its stores’ hours beginning Saturday (Nov. The extension continues a trend that began in August of the chain reversing operational cuts put into place when COVID-19 first struck. The sale’s second phase began online on Wednesday (Nov. 18), but will expand to in-store purchases on Saturday (Nov.

NOV 94

NOV Continuity Consumer 94

PYMNTS

NOVEMBER 10, 2020

Lyft reported on Tuesday (Nov. In terms of the benefits to California’s economic recovery, Green said “hundreds of thousands of its residents will continue to have access to flexible earnings opportunities on platforms like ours.”. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7

NOV 101

NOV Economy Continuity Consumer 101

PYMNTS

NOVEMBER 25, 2020

percent of FinTech startups with female founders received funding January through October, according to Crunchbase, per a Bloomberg report on Wednesday (Nov. Katie Palencsar , head of Female Innovators Lab, told Bloomberg that male founders are in the majority, “so we continue to see more dollars going there as those rounds expand.”

FinTech 115

FinTech NOV PayPal Visa 115

PYMNTS

NOVEMBER 16, 2020

Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. All we know is that price is likely to continue going up.”. In other news, the Securities and Exchange Commission of Pakistan (SECP) is researching the potential for innovation, as well as the inherent risks, in virtual assets, the SECP said in a paper published on Nov.

Stablecoins 118

Stablecoins Bitcoin Regulations NOV 118

PYMNTS

NOVEMBER 19, 2020

New jobless claims ticked upwards last week, with 742,000 people filing for benefits while COVID-19 cases continued to accelerate in the U.S. . The increase for the week ending Nov. While a second wave of the coronavirus continues to slam the U.S. The largest increases in initial claims for the week ending Nov.

NOV 53

NOV Continuity Economy 53

PYMNTS

NOVEMBER 5, 2020

Plus, Uber reports earnings tonight (Nov. LendingClub, the country’s top provider of personal loans, said in earnings results Wednesday (Nov. 4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient.

Volume 56

Volume NOV Payroll Payments 56

PYMNTS

NOVEMBER 25, 2020

Barclays Corporate Banking is working with CGI to put into place the CGI Trade360 system, which will provide an international trade finance offering to the bank’s customers in Britain and across the globe, according to a Tuesday (Nov. 24) announcement. “We Adobe Introduces B2B Capability for Customer Data Platform. 24) announcement.

B2B 91

B2B Finance NOV Payments 91

PYMNTS

DECEMBER 1, 2020

Bitcoin saw a new all-time record high on Monday (Nov. In other news, Gutemberg Dos Santos was extradited from Panama to the United States on Nov. 25, on charges of participating in an international money laundering ring, the Southern District of New York’s State Attorney Office said in a press release on Monday (Nov.

Bitcoin 80

Bitcoin Money Laundering NOV Cryptocurrency 80

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. The State Administration for Market Regulation — China’s regulator — said on Tuesday (Nov. Last Monday (Nov. Hong Kong shares of Alibaba dropped 9.8 percent. “The

NOV 83

NOV Regulations Rules Caps 83

PYMNTS

JANUARY 14, 2021

“This year’s holiday shopping season was dramatically different from prior years as the COVID- 19 pandemic continues to impact and shift consumer behavior,” Glynn Frechette , senior vice president, Advisors Plus at PSCU, said in the announcement. Purchases between Nov. The two weeks leading up to Thanksgiving, which spanned from Nov.

Volume 62

Volume Credit Union Credit Union Service Organization NOV 62

PYMNTS

NOVEMBER 11, 2020

Alibaba ’s Singles Day performance on Wednesday (Nov. Singles Day — Alibaba’s popular shopping holiday that takes place every Nov. However, the company technically started Singles “Day” on Nov. According to Bloomberg , “during the first 111 minutes of sales on Nov. 11) shows that the Chinese consumer is back — big time.

Regs 95

Regs NOV Law Enforcement Economy 95

PYMNTS

NOVEMBER 25, 2020

An Amazon Web Services outage affected the digital presence and operations of dozens of companies Wednesday (Nov 25) as one of the subsystems of the massive web operations platform failed. The outage also impacted its ability to post updates to the status page so ascertaining the scope of the problem was difficult as of mid-afternoon. “We

Database 113

Database NOV Use Case API 113

PYMNTS

NOVEMBER 12, 2020

Another 709,000 Americans filed for first-time unemployment benefits the week ending Nov. The previous week's revised level added 6,000 to hit 757,000, according to the weekly Bureau of Labor Statistics report released on Thursday (Nov. Another 298,154 people filed for Pandemic Unemployment Assistance in the week ending Nov.

NOV 59

NOV Economy Finance Continuity 59

PYMNTS

NOVEMBER 2, 2020

are getting ready for another national lockdown as coronavirus cases continue to rise in that nation. that will take effect on Thursday (Nov. 4) and continue through Dec. 2, according to new guidance issued by the government on Monday (Nov. Mall Bankruptcies Continue With PREIT And CBL. While in the U.S.,

NOV 60

NOV Agreements Small Business Continuity 60

PYMNTS

DECEMBER 4, 2020

That helped offset a 12 percent drop in payment authorizations at physical stores as people continue to largely lock down amid the coronavirus pandemic. “As Black Friday sales stretched across the entire month of November as retailers launched special deals as early as Nov. As the No. 1 eCommerce payment processor in the U.S.

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

PYMNTS

NOVEMBER 25, 2020

economic recovery has continued as Americans keep on spending on consumer goods. The WSJ said that, in fact, job growth in October was strong, as the economy continued its recovery. The Conference Board on Tuesday (Nov. The cutoff date for the preliminary results for The Conference Board’s Consumer Confidence Survey was Nov.

Economy 57

Economy Consumer NOV Shutdown 57

Tom Groenfeldt

NOVEMBER 6, 2019

The Federal Reserve Board has asked for comments on the FedNow real-time payments platform by Nov. 7, although if it follows the practice from last year, it may well continue taking comments past the deadline.

Federal Reserve 55

Federal Reserve Real Time Payments FedNow NOV 55

PYMNTS

NOVEMBER 16, 2020

Craig Vosburg , Mastercard ’s president of North America, said at a conference Monday (Nov. But he noted that “while this is a very dramatic short term event, we continue to be focused on the longer term and executing to continue to grow our market share and execute on our digital strategy, which is now more important than ever.".

Consumer 87

Consumer Cross-Border Visa NOV 87

PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. Match rates continue to get better as time goes on and the model further learns from remittances and data.

B2B 102

B2B Automation NOV Accounts 102

PYMNTS

NOVEMBER 26, 2019

Entertainment streaming giant Netflix has taken over the lease of the iconic New York City movie theater, The Paris, and plans to use it for movie screenings, events and releases, the company said Monday (Nov. We are incredibly proud to preserve this historic New York institution so it can continue to be a cinematic home for film lovers.”.

NOV 77

NOV Origination Continuity Mobile Payments 77

Fintech News

JANUARY 7, 2024

Finally, fostering a strong demand for payment solutions requires continuous education and awareness efforts to encourage consumers and businesses to adopt digital payments. This growth is expected to carry on this year onwards, growing at an estimated 15% through 2025 to US$417 billion and to US$760 billion by 2030.

Financial Inclusion 118

Financial Inclusion Innovation Payments NOV 118

PYMNTS

NOVEMBER 16, 2020

The discussions with Credit Suisse are so early as of Monday (Nov. By merging with a SPAC, or blank-check firm, a company would be able to go public and also avoid the difficulty and risk of a traditional initial public offering (IPO). 16) that Bird might decide not to go through with the deal at all.

NOV 122

NOV Checks Agreements Acquirers 122

PYMNTS

NOVEMBER 10, 2020

Lyft reported on Tuesday (Nov. In terms of the benefits to California’s economic recovery, Green said “hundreds of thousands of its residents will continue to have access to flexible earnings opportunities on platforms like ours.”. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7

NOV 61

NOV Economy Continuity Consumer 61

PYMNTS

NOVEMBER 13, 2020

Google is integrating its Expedition 360 virtual reality (VR) tools to Google Arts & Culture app to allow teachers to keep offering students digital adventures as remote learning continues. Google announced on Friday (Nov.

NOV 88

NOV Participant Origination Continuity 88