PYMNTS

NOVEMBER 23, 2020

Consumers are moving to digital payments and cryptocurrency in droves, and it’s inevitable that more central banks will issue digital forms of currency, PayPal CEO Dan Schulman said in a televised interview on Monday (Nov. 23) Benzinga report.

Digital Currency 143

Digital Currency PayPal Consumer Cryptocurrency 143

Fintech News

NOVEMBER 12, 2024

Global fintech funding trends, first 9 months (9M) of 2023 versus 9M 2024, Source: Fintech in ASEAN 2024, UOB, PwC Singapore, Singapore Fintech Association (SFA), Nov 2024 ASEAN-6 fintech funding has grown significantly over the last decade, having surged by more than six times. Funding peaked in 2021, hitting US$6.4 billion and US$4.1

FinTech 111

FinTech NOV Fraud Detection Blockchain 111

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

Bank Automation

NOVEMBER 27, 2024

Anthropic raises $4B from Amazon Amazon has invested $4 billion in AI platform Anthropic, according to a Nov. Global fintech funding remained subdued in 2024 due to major macroeconomic shifts and a change in investor outlook; however, many fintechs had success in recent months. 22 release from the e-commerce giant.

FinTech 59

FinTech NOV AI Automation 59

PYMNTS

NOVEMBER 16, 2020

Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. 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. Meanwhile, Binance on Monday (Nov.

Stablecoins 118

Stablecoins Bitcoin Regulations NOV 118

PYMNTS

OCTOBER 14, 2020

The retailer will start the promotions through the web on November 4 and new promotions will follow in retail locations on Nov. Then, another event will start on the web on Nov. 11 and a sales event in retail locations will occur on Nov. It will finish its discounts through the web on Nov.

NOV 92

NOV Product Consumer 92

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. The Dow Jones Industrial Average surpassed 30,000 points for the first time in history on Tuesday (Nov. Companies that did get funding received only 0.9

FinTech 115

FinTech NOV PayPal Visa 115

PYMNTS

NOVEMBER 13, 2020

Walmart is extending most of its stores’ hours beginning Saturday (Nov. The sale’s second phase began online on Wednesday (Nov. 18), but will expand to in-store purchases on Saturday (Nov. 14) – adding an hour or more of shopping time just in time for the holiday season. local time.

NOV 94

NOV Continuity Consumer 94

PYMNTS

SEPTEMBER 8, 2020

According to Tamebay , an Amazon seller news site, Amazon Early Black Friday Deals will start and run through Nov. The traditional “Black Friday” falls on Nov. 27 this year; Cyber Monday is Nov. There will be three weeks of Amazon Early Black Friday Deals with different products on special offer each week.

NOV 108

NOV Consumer Product 108

Payments Dive

OCTOBER 26, 2018

Thales eSecurity and Networld Media Group will host the 2018 FinServ Data Security Summit in Boston, Thursday, Nov. Participating CISOs will get exclusive insights from the Thales Data Threat Report and from IS executives who have headed up major digital transformation initiatives for their financial institutions.

Data Security 95

Data Security NOV Security Participant 95

PYMNTS

NOVEMBER 23, 2020

The legacy global remittance giant said on Monday (Nov. Western Union just took another big step toward ramping up its growing digital payments arsenal. 23) that it has expanded its real-time digital payout capabilities in a move that encompasses billions of bank accounts in 100 countries.

Digital Payments 144

Digital Payments Cross-Border Payments Cross-Border Payments 144

Bank Automation

SEPTEMBER 19, 2024

Chun, who serves as the bank’s group head of Canadian personal banking, will become chief operating officer Nov. TD Bank named Raymond Chun its incoming chief executive today after current CEO Bharat Masrani announced plans to retire in April.

NOV 86

NOV Automation Posting 86

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 23, 2020

“As the world’s leading international bank, it is our ambition to put banking in our customers’ pockets, and create a top-tier borderless banking experience that lets them manage their finances whenever and wherever they want,” Matthias Dekan, head of HSBC Global Money, HSBC Group, said in a statement on Monday (Nov.

Payments Tools 140

Payments Tools Global Payments Cross-Border Payments 140

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

NOVEMBER 10, 2020

Lyft reported on Tuesday (Nov. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7 million in Q2 on the heels of a major regulatory victory for the gig economy.

NOV 101

NOV Economy Continuity Consumer 101

PYMNTS

NOVEMBER 20, 2020

An old Los Angeles gas station is getting a new life as a drive-thru authentication hub for eBay , according to a company statement on Friday (Nov. Right now, authentication is available for sneakers and watches through Nov. The vintage 1941 former Texaco Station is located in the Koreatown neighborhood on Beverly Boulevard.

Authentication 98

Authentication NOV Verification Global Payments 98

PYMNTS

NOVEMBER 4, 2020

California voters passed Proposition 22, which exempts tech platforms like Uber, Lyft, and DoorDash from state law AB 5, which forced them to reclassify gig workers as employees, according to a Wall Street Journal report on Wednesday (Nov.

Laws 117

Laws NOV Economy 117

PYMNTS

NOVEMBER 12, 2020

“Mastercard’s Vocalink business is a demonstrated leader in the real-time payments ecosystem, and they will be a valuable partner for Payments Canada in the introduction and ongoing operation of Canada’s real-time payments system,” Tracey Black , president and chief executive officer of Payments Canada, said in a statement on Thursday (Nov.

ISO 20022 138

ISO 20022 Real Time Payments Settlement ISOs 138

PYMNTS

NOVEMBER 17, 2020

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov. In a partnership unveiled on Thursday (Nov.

BNPL 97

BNPL NOV Payments On-Demand 97

Fintech News

DECEMBER 4, 2023

This trend has led to a substantial drop in ESG fintech investment in the region, which plummeted from US$4.47 billion to an anticipated $730 million this year.

FinTech 114

FinTech APACS NOV Authorization 114

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 12, 2020

My hunch is that it will come,” Lagarde said Thursday (Nov. It could be "two to four years" before the launch of any such currency, Bloomberg reported, because such an undertaking concerns issues like money laundering, privacy and the technology involved. “My 12) during a virtual panel discussion hosted by the ECB, per Bloomberg. “If

Digital Currency 121

Digital Currency Central Bank Federal Reserve Money Laundering 121

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

NOVEMBER 5, 2020

Department of Justice sued Visa on Thursday (Nov. 5) to block its planned $5.3 billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market.

Blocks 137

Blocks Venmo Push-to-Card NOV 137

PYMNTS

NOVEMBER 8, 2020

Starting Tuesday (Nov. Those who have made real-money purchases in Fortnite since Friday (Nov. Disney+ is partnering with Epic Games ’ Fortnite on a free two-month subscription for the popular movie streaming service, according to a post on the Epic Games website.

NOV 90

NOV Ubiquitous Returns Rules 90

PYMNTS

NOVEMBER 25, 2020

Amid a spike in COVID-19 cases in the country, President-elect Joe Biden said in a Thanksgiving address on Wednesday (Nov. And that requires sparing no effort to fight COVID so that we can open our businesses safely, resume our lives and put this pandemic behind us,” Biden said during a press conference on Monday (Nov.

NOV 84

NOV Government Governance Laws 84

Bank Automation

NOVEMBER 27, 2023

The $535 billion bank made the following changes: Vice Chair Beau Cummins became COO effective Nov. Truist Financial continued its managerial overhaul this month with appointments to fill the new chief operating officer position as well as chief consumer and small business banking officer and chief wholesale banking officer.

NOV 80

NOV Small Business Continuity Consumer 80

PYMNTS

NOVEMBER 25, 2020

Even before Thanksgiving, shoppers are seeing Black-Friday-like discounts on gift items,” Taylor Schreiner , director of Adobe Digital Insights, said Wednesday (Nov. billion of sales between Nov. Sales have also shot up 49.2 25) in a statement provided to PYMNTS. The company reported that smartphones are especially hot, with $24.2

NOV 87

NOV Consumer Accounts 87

PYMNTS

NOVEMBER 4, 2020

Thursday’s (Nov. The earnings announcement comes as Alibaba and its various retail brands prepare for Singles Day , which is Nov. The festival actually started Sunday (Nov. 1) through Tuesday (Nov. 3) ahead of the main event on Nov. Don’t worry about Ma, he’ll eat. And don’t worry about Alibaba.

NOV 75

NOV Consumer Small Business Government 75

PYMNTS

NOVEMBER 10, 2020

Patrick Harker, president of the Federal Reserve Bank of Philadelphia, told Bloomberg on Tuesday (Nov. The economy will not grow unless we bring people up from the lower-skilled jobs into the middle class,” Harker said during an interview that will be part of Bloomberg’s Friday (Nov.

Fed 87

Fed Federal Reserve NOV Small Business 87

PYMNTS

NOVEMBER 9, 2020

The eCommerce surge generated from the COVID-9 pandemic has prompted Amazon to open three additional logistics hubs in Brazil, according to a report in Reuters on Monday (Nov.

NOV 115

NOV On-Demand Participant Continuity 115

PYMNTS

NOVEMBER 20, 2020

The financial services giant on Thursday (Nov. The San Francisco-based company said in a Thursday (Nov. American Big Tech companies will have a virtual sit-down on Nov. Wells Fargo Debuts Digital Supplier Payment Tool. Wells Fargo is beefing up its digital payments arsenal with a new service aimed at business customers.

Commercial Card 78

Commercial Card B2B PayPal NOV 78

Fintech News

JANUARY 7, 2024

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. By 2030, that value is forecasted to stand in the US$210-360 billion range, according to the e-Conomy SEA 2023 report.

Financial Inclusion 122

Financial Inclusion Innovation Payments NOV 122

PYMNTS

NOVEMBER 19, 2020

The financial services giant on Thursday (Nov. Wells Fargo is beefing up its digital payments arsenal with a new service aimed at business customers. 19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others.

Payments Tools 124

Payments Tools Commercial Card Payments Digital Payments 124

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.

Database 113

Database NOV Use Case API 113

PYMNTS

NOVEMBER 2, 2020

Yi, speaking at Hong Kong FinTech Week on Monday (Nov. People’s Bank of China (PBOC) Governor Yi Gang said the pilot program for digital yuan has gone well, with over 2 billion yuan ($299 million) used in over 4 million transactions, Bloomberg reported. The trial was rolled out in four cities earlier this year.

Transactions 116

Transactions Digital Currency Process Central Bank 116