PYMNTS

JANUARY 14, 2021

Tong said his office is looking into possible anticompetitive conduct regarding the eCommerce giant’s agreements with five of the country’s biggest book publishers, according to a 2019 subpoena obtained by the Tech Transparency Project and shared with the WSJ. . This is Connecticut’s second look into Amazon’s eBook unit.

Federal Trade Commission 69

Federal Trade Commission Authorization Agreements Acquirers 69

PYMNTS

JANUARY 18, 2021

Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services. Under the agreement, Grab will hold a 60 percent stake in the banking consortium, with Singtel holding the remaining 40 percent. Last month, Grab and Singtel announced they had received a license to set up a digital bank in Singapore.

FinTech 79

FinTech Agreements Payments 79

Fintech Finance

JUNE 24, 2024

Klarna Checkout (KCO), launched in 2012, set a new standard for online shopping in Northern Europe. Both parties are focussed on a smooth transition and will continue to work together under a distribution partner agreement, meaning that Klarna’s popular payment methods will continue to be offered in the checkout.

Advisors 75

Advisors Continuity Agreements Payment Networks 75

Finovate

OCTOBER 4, 2024

Trinidad and Tobago inked an agreement with NPCI International Payments to build a real-time payments system based on India’s UPI. Check out this roster of Dutch fintechs that have demoed their innovations on the Finovate stage. Check out this roster of Dutch fintechs that have demoed their innovations on the Finovate stage.

Innovation 65

Innovation AI Payment APIs and Integration Online and Mobile Banking 65

PYMNTS

NOVEMBER 8, 2018

According to the FTC , the company violated the settlement struck in 2012 that stemmed from charges that the company had aided and abetted wire fraud. Against this backdrop, the FTC said MoneyGram is paying the $125 million, and that a deferred prosecution agreement with the Department of Justice (DOJ) has been extended to May 2021.

FTC 64

FTC Settlement Federal Trade Commission Fraud Prevention 64

PYMNTS

JANUARY 9, 2020

To co-develop next-generation mobile solutions for public transit agencies, Cubic Transportation Systems and Moovit have inked a definitive agreement. According to the announcement, “The combined solution enables agencies to offer travelers a world-leading journey experience.”

Payment APIs and Integration 52

Payment APIs and Integration API Agreements Mobile Payments 52

The Fintech Times

MARCH 27, 2024

Rothera set up four separate businesses which claimed to sell furniture and carpets across Leicestershire in 2012. The Insolvency Service found that the four companies were fraudulently exploiting invoice factoring agreements to steal money from banks.

Money Laundering 93

Money Laundering Financial Crimes Crime Due Diligence 93

Finovate

MAY 16, 2024

The partnership will combine Proof’s Defend solution with Socure’s Sigma Fraud suite to help companies fight fraud and forgery in authorizations, agreements, contracts, and forms. Founded in 2012, Socure made its Finovate debut the following year at FinovateFall in New York.

Authorization 59

Authorization Verification OFAC Fincen 59

PYMNTS

JANUARY 10, 2019

This agreement … represents an unprecedented opportunity for Balyo to grow its business and supports the soundness of our investments over the years to perfect our robotic solutions,” Balyo Chief Executive Fabien Bardinet said, according to Reuters. The deal is part of Amazon’s broader plan to cut costs and speed up delivery.

Agreements 55

Agreements Acquirers Automation Product 55

Finovate

SEPTEMBER 18, 2024

Financial terms of the agreement were not disclosed, but the deal is expected to close between October and December of this year. Founded in 2006, Xero listed on the New Zealand Stock Exchange (NZX) in 2007 and the Australian Securities Exchange (ASX) in 2012. The company counts 4.2 million subscribers.

Acquirers 59

Acquirers Small Business Agreements Accounts 59

The Fintech Times

JUNE 25, 2024

Launched in 2012, Klarna Checkout set a new standard for online shopping in Northern Europe. They will continue to work together under a distribution partner agreement, meaning that Klarna’s payment methods will continue to be offered in the checkout. Since then though, its creators have taken the company in a different direction.

Checks 59

Checks Advisors Continuity Agreements 59

PYMNTS

DECEMBER 6, 2018

The overseer was appointed under an agreement between the British bank and U.S. In 2012, HSBC said it would pay the United States $1.9 billion, as well as enter into a deferred-prosecution agreement that would last five years. 1 in Vancouver, at the request of American authorities. locations.

Transactions 44

Transactions AML Money Laundering Agreements 44

PYMNTS

AUGUST 26, 2016

Wells Fargo , Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. The deals with the three companies were among a dozen corporate settlements reviewed by Reuters between 2012 and 2015. That includes via confidentiality agreements.

Laws 40

Laws Settlement Agreements Rules 40

PYMNTS

MAY 7, 2019

Tencent-owned Chinese chat app WeChat has altered its terms of service agreement to stop merchants from raising funds using cryptocurrency or tokens, according to reports. It shut down in 2012, 15 months after its official launch,” she wrote. WeChat revised the terms last month, and without much fanfare.

Cryptocurrency 53

Cryptocurrency Laws Bitcoin Agreements 53

Fintech Finance

FEBRUARY 27, 2025

Founded in 2012, TransactPay, operating under its EMI licenses, is currently live in 25 countries, supporting 16 currencies, and is a principal member of Mastercard and Visa. This transaction will significantly strengthen Marqeta’s card program management capabilities in the UK and Europe.

Acquirers 59

Acquirers Embedded Finance Innovation Agreements 59

PYMNTS

JANUARY 24, 2019

Baker in 2012, Walgreens knowingly made false claims for payment of prescription drugs by submitting inflated prices to government healthcare plans, including Medicaid , so that the company could fraudulently increase its reimbursements. . According to a lawsuit filed by whistleblower Marc D.

Settlement 54

Settlement Governance Government Agreements 54

PYMNTS

APRIL 14, 2016

HSBC Bank USA has reached an agreement to pay $35 million as part of a settlement with the Office of the Comptroller of the Currency. The company said that it discontinued sales of credit card add-on products four years ago and also sold its card and its retail services business in 2012, while the HSBC Bank Nevada unit was shuttered in 2013.

Credit Cards 40

Credit Cards Office of the Comptroller of the Currency Settlement Agreements 40

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

Agreements 43

Agreements Database Laws Rules 43

PYMNTS

AUGUST 6, 2019

That agreement, however, has not been sufficient to stem the losses, and it looks as though the retailer is running out of options. It also avoided bankruptcy in 2012 when Perry Capital, one of its lenders at the time, took majority ownership of the company.

Agreements 49

Agreements Finance Continuity 49

PYMNTS

NOVEMBER 28, 2018

The travel site has a similar agreement with Grubhub and Takeaway.com. The partnership is good news for DoorDash, as it has received more than $700 million in capital since its creation in 2012 by former Stanford students Andy Fang, Stanley Tang, Tony Xu and Evan Moore.

Consumer 46

Consumer On-Demand Agreements Economy 46

PYMNTS

FEBRUARY 15, 2019

His lawyer, Tan Hock Chuan, said that Ng reached a bail agreement with the DOJ and asked to return to the United States within 30 days. billion from three 1MDB bonds that were set up by Goldman Sachs in 2012 and 2013. The indictment against Ng says he aided in the misappropriation of upwards of $2.7

Money Laundering 49

Money Laundering Agreements Returns Authorization 49

PYMNTS

SEPTEMBER 24, 2018

The retail chain originally launched a program called LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. Since its debut, LEASE IT has processed over one million leases, which prompted Sears to offer it on a grander scale.

Credit Cards 70

Credit Cards Digital Currency Product Process 70

The Fintech Times

JANUARY 23, 2024

Having held senior roles across SAP since 2012, Zeineddine will focus on supporting the digital transformation and AI capabilities of companies in the Emirates. The agreement represents the first step in Mashreq’s development of specialised carbon-offsetting financial products.

FinTech 69

FinTech Payment APIs and Integration Agreements Finance 69

PYMNTS

OCTOBER 5, 2016

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.

CFPB 75

CFPB Rules PayPal Debit Card 75

PYMNTS

AUGUST 28, 2019

We’re excited to have reached an agreement with Le Tote that creates a new model for Lord & Taylor , bringing together fashion rental subscriptions with traditional retail,” HBC Chief Executive Helena Foulkes said in a statement. Hudson’s Bay will have a minority stake in the new enterprise.

Agreements 43

Agreements Acquirers Consumer Finance 43

PYMNTS

JUNE 12, 2018

20 of 2012 through Aug. A ruling on whether to approve or deny the settlement agreement is slated for September 21, noted TechCrunch. Square , Jack Dorsey’s digital payments company, has agreed to settle a class-action lawsuit lodged at Caviar , its on-demand food delivery service, reported TechCrunch. per person.

On-Demand 43

On-Demand Settlement Agreements Rules 43

PYMNTS

JUNE 28, 2018

While they plan to draft a deal by the middle of July, they intend to complete a final agreement by the middle of August. billion that came to fruition in 2012, in part because they would not have been able to file lawsuits over swipe fee increases that might occur in the future.

Settlement 44

Settlement Visa Rules Credit Cards 44

Fintech News

AUGUST 19, 2024

The firm invests between US$150,000 and US$500,000 using a “post-money” Simple Agreement for Future Equity (SAFE) in return for approximately 10% equity in the company. Since 2012, the firm has backed more than 210 companies in the region, with over US$450 million in total committed capital. billion in enterprise value.

FinTech 125

FinTech Underserved Technology Cross-Border 125

PYMNTS

SEPTEMBER 24, 2020

International FinTech company EBANX and Visa said they have grown their strategic partnership sealed by a participation agreement in Visa's Money Transfer Merchant Program inked with Visa do Basil, according to a Thursday (Sept. 24) announcement.

Agreements 43

Agreements Facilitators Rules Participant 43

PYMNTS

NOVEMBER 7, 2019

A deferred prosecution agreement between the Department of Justice and the bank ended half a decade later, with HSBC spending hundreds of millions to improve compliance.

Compliance 40

Compliance Money Laundering Non-Bank Regulations 40

PYMNTS

MAY 4, 2018

The retail chain originally launched LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. Customer can lease these products, as well as include services such as home delivery, installation and protection agreements in one lease.

Finance 40

Finance Payment Amount Credit Cards Agreements 40

PYMNTS

APRIL 19, 2019

The deal comes as part of a licensing agreement wherein the Kohl’s design team will create the future collections, overseen by the Olsen twins.

Agreements 59

Agreements Consumer 59

PYMNTS

MARCH 2, 2017

Although the research shows delivery capacity has grown more than 10 times its typical growth rate since 2012 for warehouses over 300,000 square feet, this Q4 development may be proving that warehouse development has leveled off. He does, however, see rental agreements in place before speculative developments are completed.

On-Demand 40

On-Demand Research Agreements Continuity 40

PYMNTS

OCTOBER 4, 2017

Tucker’s agreements with the tribes allegedly gave the latter a portion of profits generated by lending. million in areas like Texas, California and New York, across 2008 to 2012. Separately, Law360 reported that borrowers from Tucker’s lending operations topped 4.6

Caps 40

Caps Legal Governance Government 40

PYMNTS

JUNE 12, 2018

Some 80 million consumers used some form of RDC in 2016, up from a little more than 10 million in 2012, according to Celent. Banks that rely on third parties for check processing should review their contracts with service providers to ensure that proper indemnification language is included in the governing agreements.”.

Remote Deposit Capture 46

Remote Deposit Capture RDC Indemnification Checks 46

PYMNTS

DECEMBER 19, 2016

He noted that the virtual currency was invented in 2008, and after 2012 and 2013, its holders were speculative and “not registered much on the value side”, and within the past year, bitcoin’s become a valuable property beyond which people will use to speculate.

Bitcoin 64

Bitcoin PayPal Duplicate Cryptocurrency 64

Fintech Labs Insights

MARCH 3, 2017

Euronext’s minority stake in the company comes with governance rights and a included a decision to globally expand a 10-year joint venture agreement between the two companies announced back in November. Founded in 2012 and based in London, Algomi demonstrated its technology, Honeycomb , at FinovateFall 2014.

Agreements 15

Agreements Advisors Blocks Facilitators 15