PYMNTS

JANUARY 24, 2020

Wells Fargo ’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are continuing and don’t show any signs of abating any time soon, according to a report by Reuters. The asset cap was announced in 2018, and there’s no timeline in place for when it will be removed.

Continuity

CB Insights

JANUARY 10, 2017

Funding to cannabis startups surged between 2013-2015, capped off by $225M in equity financing invested over 106 deals in 2015. But 2016 has seen investors pulling back, with year-end financing down from 2015. Nonetheless, the past three years have been … Continued.

Caps

PYMNTS

NOVEMBER 3, 2017

million Macs, a 10 percent pick-up from the same time in 2016. 900 Billion: Apple’s after-hours trading market cap. Billion: Revenue from services in Q4, a 34 percent increase from Q4 2016. India also notched some impressive growth: 39 percent year-over-year, according to Apple’s chief financial officer Luca Maestri.

Caps

PYMNTS

NOVEMBER 30, 2020

Slack’s current market cap is around $24 billion, the report said. Two of the sector’s biggest deals have been IBM’s takeover of Red Hat in 2019 for $34 billion, and Microsoft’s acquisition of LinkedIn in 2016 for $27 billion. 1), according to CNBC. Shares of Slack were up 4 percent in midday trading Monday (Nov.

Caps

PYMNTS

MARCH 11, 2020

A California statue caps interest to an annual rate of 37 percent a year but out-of-state banks have figured out how to sidestep the law and use rates allowable where they are headquartered. Utah has no caps on interest rates. “A ” An uprush in predatory lending has prompted more states to institute interest rate caps.

Regulations

PYMNTS

DECEMBER 16, 2016

The total market cap of all outstanding bitcoin right now is over $12.5 2016, it was at $6.5 It’ll be interesting to see what happens when that market cap doubles again next year.”. “It’s really exciting to be a part of this industry,” Sharp said. billion, and in Jan. 2015, it was at $3.5

Bitcoin

PYMNTS

FEBRUARY 17, 2017

After 11 years of faithful Coca-Cola fans collecting bottle caps to redeem them for points, the soft drink company’s rewards program is coming to a close. Here are the numbers: 2006 | The year Coca-Cola started its bottle cap loyalty rewards program. 4 billion | Amount Coca-Cola spent in 2016 on advertising.

Caps

PYMNTS

NOVEMBER 5, 2020

Still, NPCI’s announcement comes as the organization, which is owned by a consortium of top Indian banks, also moves to cap the amount of UPI transactions any single payments app like WhatsApp can handle. Starting Jan.

Caps

PYMNTS

DECEMBER 6, 2016

dollar in 2016, reports said. Next month, China’s cap of $50,000, the limit at which individuals can convert foreign currency into yuan, will reset. The publication has estimated that $620 billion in yuan has already flowed out of China in the first 10 months of 2016. “If just 1 percent of China’s almost 1.4

Money Laundering

PYMNTS

JANUARY 3, 2017

All told, bitcoin’s value grew over 100 percent in 2016. The total market cap of all outstanding bitcoin right now is over $12.5 In January 2016, it was at $6.5 It’ll be interesting to see what happens when that market cap doubles again next year.”. These figures are the highest bitcoin has been since its $1,216.70

Bitcoin

PYMNTS

JUNE 2, 2020

Due to a 2016 scandal in which bank employees started millions of fake accounts under peoples’ names, the bank is now under a mountain of consent orders that limit its abilities to grow the balance sheet. We’ve had to take substantial actions to get down below the cap,” Scharf said, according to CNBC.

Caps

CB Insights

SEPTEMBER 13, 2018

Below, we compiled a list of the top 10 tech companies in the US by market cap (as of 9/6/18) and analyzed their private market activity in the healthcare space. It also acquired personal health data platform, Gliimpse , in 2016. Microsoft is the only of the four to have made a healthcare investment since the start of 2016.

Participant

CB Insights

APRIL 4, 2019

LinkedIn ($26.2B, 2016), the business and employment platform, is by far the largest acquisition in Microsoft’s history. Microsoft has spent over $63B for its top 10 deals (roughly 7% of its current market cap ). acquisition of Linkedin in 2016 was by far its largest deal. See the top 10 list below.

Acquirers

PYMNTS

APRIL 6, 2017

with an estimated market cap over $430 billion. To put this in perspective, retail giant Walmart is currently trading at $71.65, with a market cap of over $217 billion. Walmart, on the other hand, generated $486 billion in revenue for fiscal 2016, over three times more than Amazon’s revenue of $136 billion in the same period.

Caps

PYMNTS

JANUARY 24, 2020

Wells Fargo ’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are continuing and don’t show any signs of abating any time soon, according to a report by Reuters. The asset cap was announced in 2018, and there’s no timeline in place for when it will be removed.

Office of the Comptroller of the Currency

PYMNTS

SEPTEMBER 8, 2017

The firm found the number of payment cards worldwide increased by 8 percent to 14 billion in 2016, and those numbers are expected to rise by 22 percent to 17 billion by 2022. In the EU, interchange fee caps have limited the profitability for card issuers, while banks in the U.K. In the U.K.,

Debit Card

PYMNTS

JUNE 24, 2020

company to have a market cap of $1.5 Launched in 2016, Fleetsmith created a platform that IT departments can use to remotely set up and manage Apple devices. Terms of the deal were not disclosed. Apple, which recently became the first U.S. trillion , confirmed the deal in the trade press, but has not released an official announcement.

Caps

PYMNTS

FEBRUARY 27, 2017

WFM’s market cap was just over $10 billion. Ahold Delhaize’s market cap sat at just over €25.9 and a market cap of $31 billion as of Friday’s close. by Friday’s close with a market cap of $77.7 percent in 2016, driven by a 0.4 Sprouts raked in some $124 million in 2016, a decrease of 7.5

Caps

PYMNTS

APRIL 25, 2016

217B | Walmart’s market cap as of April 25, 2016. By comparison, Amazon’s market cap is $286.2B. Here are five quick stats about everything you need to know about Walmart.com’s mobile push: 110M+ | Number of iPhones estimated to be in use in the U.S. on a weekly basis. 5,000+ | Number of U.S.

Caps

Finovate

JUNE 10, 2024

Launched in 2016, the National Payments Corporation of India’s United Payments Interface was built to support both peer-to-peer payments and transactions with merchants via mobile phone. This partnership makes Peru the first country in South America to adopt the technology.

Real Time Payments

Fintech Labs Insights

FEBRUARY 10, 2016

With winter winds putting white caps on the waves of the typically mild-mannered Thames, another FinovateEurope is officially in the books. FinovateEurope 2016 was a blast, and we hope you enjoyed the conference as much as we enjoyed hosting it. The post FinovateEurope 2016 Best of Show Winners Announced appeared first on Finovate.

Payment APIs and Integration

PYMNTS

MAY 5, 2020

Martinez indicated that the bank can’t fill out its balance sheet with more loans because of the Federal Reserve cap imposed on Wells Fargo following the 2016 fraud scandal. The bank was given the go-ahead to extend Paycheck Protection Program loans but cannot keep any of the fees. percent this year.

Federal Reserve

PYMNTS

MARCH 15, 2017

International food retail group Ahold Delhaize (AD) saw a minor upward push in the past week, though a broader view shows prices down overall compared to all-time highs in July 2016. percent from Monday’s close, but still up overall for the week with an estimated market cap over €26.1 per share with a market cap just over $26.64

Caps

PYMNTS

JANUARY 3, 2017

Most of the technology IPO activity is actually not big, large-cap companies going public,” Will Connolly, Goldman Sachs Group Inc.’s It’s small- and mid-cap-growth companies going public that are innovators in their own markets and are helping drive the next generation of technology.”. That compares to six in 2016.

Caps

PYMNTS

JANUARY 3, 2017

According to a report by The Wall Street Journal , the love of cash in Switzerland doesn’t seem to be slowing down, even though, at the beginning of 2016, the country implemented a cap on the amount of cash a person can use for one purchase without officials being alerted. The limit went into effect after lots of debate by lawmakers.

Caps

PYMNTS

JUNE 12, 2018

That occurrence ran counter to Ethereum Co-founder Vitalik Buterin’s 2016 prediction that the circulation of Ether wouldn’t reach 100 million anytime soon. Though Ethereum does not have a cap on the number of coins that can be mined, bitcoin supply is limited to 21 million coins.

Bitcoin

PYMNTS

APRIL 6, 2017

Corporate payments company AirPlus International said it lost 127,000 corporate cardholders in 2016 as a direct result of the European Union Interchange Fee Regulation, resulting in $12.8 million in losses, the company said this week.

Regulations

PYMNTS

OCTOBER 1, 2019

Gjonaj said the small business committee is looking into capping the fees food delivery apps can charge. . The volume of orders placed via mobile apps increased 130 percent between 2016 and 2018, representing approximately 60 percent of all digital food orders, according to the latest Mobile Order-Ahead Tracker.

Small Business

The Fintech Times

APRIL 13, 2024

Especially as it has a limit of 21 million, and the more people want to mine it, the sooner it will hit this cap. Four years later in July 2016, the same event took place, halving the reward once more to 12.5 As a result, when roughly 210,000 blocks had been added, Bitcoin underwent its first halving in November 2012.

Bitcoin

PYMNTS

JULY 25, 2016

There is no denying that Pokémon has gone from zero to 60 as far as pop culture phenomena go, bouncing Nintendo’s market cap up (then down), sending millions racing all over looking to catch them all and leaving a lot of marketers rewriting their plans for the fall. So how crazy is it out there by the numbers? $4

Caps

PYMNTS

AUGUST 23, 2019

The Chicago-based company revealed that CFO Michael Randolfi, who has been with the company since 2016, is resigning, effective Friday (Aug. There are no order minimums or savings caps when using the program. Groupon’s chief financial officer has stepped down. 23), to pursue another opportunity. Davidson & Co.,

Caps

PYMNTS

SEPTEMBER 6, 2016

The first six months of 2016 have not been good for U.K. According to their most recent report, the agency took on 169,132 new cases across the financial services sector in the first half of 2016, up 3 percent on the previous six months. that moved to cap interest charged by payday lenders.

Disputes

PYMNTS

FEBRUARY 24, 2017

The bitcoin market cap was over $18.5 by the end of Q1, adding: “In 2016, we were installing bitcoin ATMs at an average of 1.2 On Thursday (Feb. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04. At the time of writing, bitcoin’s price sat at $1,149 even, up 2.39 percent over Wednesday’s close.

Bitcoin

PYMNTS

JANUARY 13, 2017

That attitude can also be expressed through a quirky baseball cap called a Custom Billboard Hat, fit with a dry-erase board on the front of the hat’s crown and detachable marker for writing on the board. The caps are now sold under the Billy Bob Products umbrella for about $15. It’s a conversation starter.”.

Caps

PYMNTS

JANUARY 20, 2017

Oliver Samwer, CEO of Rocket Internet, was quoted as saying , “RICP, having reached the hard cap of 1 billion [U.S. Rocket Internet’s new fund indicates the company is off to a bold start in 2017 after shedding businesses , losing senior managers and halving the valuation of Global Fashion Group in the first half of 2016.

Caps

PYMNTS

OCTOBER 1, 2018

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. The build-back from the revelations of 2016 was a bit more of a lengthy process. The Response.

P2P

PYMNTS

MAY 31, 2017

trillion | Total mobile payments in China in 2016 , comprising more than half the country’s gross domestic product. 1 trillion | Market cap that Apple could reach in the next 12 to 18 months, according to an RBC Capital Markets analyst, making it the first company to reach those heights.

Caps