PYMNTS

JUNE 23, 2020

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. Bigger companies have been faring better by comparison, with investors taking solace in large caps and the Russell 1000 index down only 3.3 The number of small U.S. Nicholas Bohnsack , president of U.S. percent from normal.

Caps

PYMNTS

DECEMBER 8, 2020

Several states have instituted caps on the fees that apps and platforms can charge on restaurants. Last month, Chicago announced a 15 percent delivery cap on what third-party aggregators can charge restaurants. Last month, Chicago announced a 15 percent delivery cap on what third-party aggregators can charge restaurants.

Caps

PYMNTS

DECEMBER 7, 2020

One of 2020’s highest high-flyers has been the special purpose acquisition corporation, or SPAC. It might be hard in the midst of roaring markets and headlines trumpeting Dow 30,000 to remember that one of 2020’s highest high-flyers has been the special purpose acquisition corporation, or SPAC. And as reported by CNBC Monday (Dec.

Caps

PYMNTS

JUNE 10, 2020

Last week, Apple inched closer to the all-time high market cap when its stock sold at $326 a share. Apple’s stocks suffered in early 2020 from a combination of factors, including store closures, travel limits and suppliers’ inability to deliver products. company to reach a $1.52 trillion market capitalization, 9to5Mac reported. .

Caps

PYMNTS

FEBRUARY 11, 2020

The sportswear company also said it could see an impact of as high as $60 million in lost sales from the coronavirus in Q1 of fiscal 2020, CNBC reported. 3, “Assuming LULU can sustain an NKE-like free cash flow multiple, we see a path to a $40 billion market cap. Analyst John Kernan said in a note to clients on Dec.

Caps

Fintech News

AUGUST 12, 2024

Since 2020, Wise has facilitated outbound payments from India through a bank partnership, but transactions were previously capped at US$5,000 each. This limitation has now been removed, a Wise spokesperson confirmed.

Cross-Border Payments

PYMNTS

JANUARY 11, 2021

According to Coinmarketcap, the overall value of the cryptocurrency market — or market cap —was $880 billion Monday morning, down from $1.08 Its March 2020 low was $3,867. 7), the cryptocurrency market cap topped $1 trillion. trillion a day earlier. Last week (Jan.

Cryptocurrency

PYMNTS

JANUARY 17, 2020

Alphabet Market Cap Hits $1T. The second full week of 2020 is in full swing. Only two weeks into 2020, mergers and deal-making in payments, specifically within digital payments and FinTech, are sizzling. China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990.

Caps

PYMNTS

SEPTEMBER 5, 2020

Every year, Americans cap off the summer with a collective mini-vacation called Labor Day — an event marked with barbecues, trips to the beach, catching a ballgame and pretty much doing as little labor as humanly possible. This Labor Day will come and go without parades, hot dog eating contests at the beach or various other local festivals.

Caps

PYMNTS

APRIL 6, 2020

Wells Fargo To Cap SMB Bailout Loans at $10 Billion. The country’s fourth-largest bank said it anticipates that its loan capacity will be maxed out under the program since it is operating with the current asset cap limitations. Plus, the European Union began investigating Facebook’s marketplace as part of its antitrust probe.

Caps

PYMNTS

DECEMBER 12, 2018

The growth was partly driven by new regulations; India was helped along by the government placing caps on terminal charges and also pressuring banks to recruit more merchants. In the European Union, interchange fees were capped in 2015, and in Brazil, caps were announced in March of 2018.

Caps

PYMNTS

NOVEMBER 4, 2020

Ant’s lending business not only generated 40 percent of its sales during the first half of 2020, but it also accounted for 10 percent of all consumer loans in China, the FT reports. Chinese regulators are also growing concerned about the breakneck growth of Ant Group’s lending business.

Caps

PYMNTS

JANUARY 18, 2021

A big part of the agenda is about the shift to digital in a world where, according to PYMNTS research, more than 124 million Americans have already made the digital shift for shopping for retail products, groceries and food from restaurants since March of 2020. According to PYMNTS analysis, as of Q3 2020, Amazon had a 14.3 It’s Amazon.

Consumer

PYMNTS

DECEMBER 9, 2020

These are $100 billion market cap companies that are sitting in the middle of the payments supply chain.”. But fast-forward to 2020, and the world is a very different place. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

Innovation

PYMNTS

JUNE 6, 2016

MKM Partners analyst Rob Sanderson notes that Amazon has surpassed Facebook as the United States’ sixth-largest firm by market cap. 1 spot by 2020. Given those factors, Sanders believes Amazon could hit the No.

Caps

FICO

OCTOBER 19, 2020

Home food delivery has skyrocketed during the pandemic; from January to July 2020, the number of credit card transactions for on-demand food delivery platforms increased by a whopping 86%. My team analyzed 2020 U.S. Have fraudulent transactions increased at a corresponding rate? The short answer is “no.”

Credit Cards

PYMNTS

DECEMBER 1, 2020

And in 2020, due to the unfortunate reality of the COVID-19 pandemic and the wave of joblessness it has carried along in its wake, that need is likely going to be more acute for some than ever. Facebook once again will be matching user donations — up to a $7 million cap as it did last year.

Caps

PYMNTS

AUGUST 12, 2020

Though the stock has backed off sharply as of this writing, trading at a recent $72, the market cap – ostensibly what the public markets would pay to “own” the company – stands at roughly $4.5 BigCommerce reported in its filings that revenue growth in the first quarter of 2020 was north of 29 percent, reaching $33.1 million from $10.3

Caps

PYMNTS

JANUARY 21, 2021

For example, Webster noted in a recent analysis that Mastercard’s Spending Pulse data for holiday 2020 found that while department stores’ overall sales fell 10.2 percent market share for all clothing and apparel sales during 2020’s third quarter versus just 9.5 Failure to adapt to that reality won’t cut. It’s Amazon.”.

Caps

PYMNTS

JULY 6, 2020

Alphabet , the corporate parent of Google, was the last of the big four to rejoin the trillion-dollar club, with its market cap on Monday (July 6) once again crossing the $1 trillion threshold. Alphabet joins Amazon , Microsoft and Apple , whose market caps are well over $1 trillion, weighing in at $1.44 percent by 12:45 p.m.,

Caps

PYMNTS

SEPTEMBER 6, 2018

The gpi is slated to be the standard across all cross-border payments by the end of 2020, said SWIFT last week. Thus, FinTech firms such as Ebury are able to track international payments in real time, and globally.

SWIFT

Finovate

JUNE 10, 2024

The development is a major feather in the cap of India’s fintech industry and another great example of how countries in Latin America are embracing fintech innovation to promote financial inclusion. ” NIPL was launched in 2020 as the international arm of NCPI.

Real Time Payments

PYMNTS

MAY 5, 2020

The analysts also lowered Wells Fargo’s earnings forecast to 47 percent in 2020 and 18 percent for 2021. UBS slashed forecasts for 2020 by 25 percent and 18 percent in 2021. “[A] In terms of overall banks in the U.S., The bank was given the go-ahead to extend Paycheck Protection Program loans but cannot keep any of the fees.

Federal Reserve

PYMNTS

JANUARY 8, 2020

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. There were also several initial public offerings (IPO) in 2019 with more expected in 2020, the report said. We believe that both trends will continue in 2020.”.

AI

PYMNTS

JULY 31, 2020

As a result of the ruling, the additional pay for the top executives is capped at $9.95 The settlement resulted in the approval of the disclosure statement and adds significant certainty to the restructuring process, and we continue to target early fall 2020 for emergence from bankruptcy,” said the Dallas-based retailer.

Settlement

PYMNTS

MAY 10, 2019

Uber CEO Dara Khosrowshahi said he disagrees with Tesla CEO Elon Musk’s assertion that a fleet of robotaxis will be ready by the end of 2020, according to a report by CNBC. Musk said self-driving tech and its adjacent services will help his electric car company reach a $500 billion market cap. We think that’s a no-brainer.

Caps

PYMNTS

MARCH 22, 2020

The International Olympic Committee (IOC) and organizers of the 2020 Tokyo Olympics have begun talks to hold off on the popular sporting event, in spite of the Japanese government’s previous stance that postponement would not happen, Reuters reported. Here are the latest updates on the coronavirus from around the world.

Caps

PYMNTS

NOVEMBER 17, 2020

It has risen by over double in 2020, bringing back memories of a massive 1,375 percent jump in 2017 that came before a 70 percent drop the year after. One approach to steering clear of large outflows would entail placing a cap on how much central bank digital currency (CBDC) one entity can have, according to Hiromi Yamaoka, per the report.

Debit Card

FICO

OCTOBER 19, 2020

Home food delivery has skyrocketed during the pandemic; from January to July 2020, the number of credit card transactions for on-demand food delivery platforms increased by a whopping 86%. My team analyzed 2020 U.S. Have fraudulent transactions increased at a corresponding rate? The short answer is “no.”

Credit Cards

The Finance Weekly

MARCH 28, 2022

Companies with high ESG performance from 2013 until 2020 generated 2.6 Otherwise, the ice caps won’t be the only thing in trouble. Key points from the survey: Meeting demands for sustainability data will be integral to company performance – ESG matters to the market, and therefore to business value.

Finance

PYMNTS

JULY 12, 2020

But the index made a comeback in June, suggesting the second half of 2020 might show more companies likely to make business investments, the Journal reported. Typically, the company spends $226 million on cap expenditures, Rajkowski said. Morgan Stanley reported a three-month average index of planned capital spending among U.S.

Automation

PYMNTS

JUNE 8, 2020

billion and is the current largest IPO of 2020 to date, according to WSJ. Nasdaq is typically more affordable for companies through its cheaper $159,000 annual fee cap for number of shares outstanding. And, pharmaceutical company Royalty Pharma began touting its forthcoming IPO to possible investors, intending to raise $1.9

Caps

PYMNTS

JANUARY 21, 2021

billion market cap. The company, which is headquartered in London, is anticipated to blow past 2020’s valuation of $5 billion by the time it files in the U.K. WeTrade, which is listed on the OTC under the WETG symbol, has a $1.7 TransferWise Appoints Goldman Sachs, Morgan Stanley For London IPO. TransferWise, a U.K.

Central Bank

PYMNTS

NOVEMBER 30, 2020

is strategically important to us, and it will be our primary focus in 2020,” Eric Liu , CEO of HungryPanda, said at the time. “We The latest financing caps that effort. The $20 million funding round earlier this year was led by Felix Capital and 83North, according to a February press release.

Caps

PYMNTS

MAY 12, 2020

Ceridian (@Ceridian) May 11, 2020. Dayforce allows employers to put controls into place on how much or how often workers can request their earned wages in the form of caps or daily limits. With #DayforceWallet , you can control your cash flow to fit your life and your needs with easy access to your money.

Payroll

The Paypers

APRIL 7, 2021

NFTs (Non-Fungible Tokens) market cap has experienced a CAGR of 187% from 2018 to 2020, with USD 55 million in revenue for 2020.

NFTs

PYMNTS

OCTOBER 26, 2018

At the time, it was reported that China would let foreign investors own as much as 51 percent of Chinese securities entities, futures companies and fund managers, with an eye on 100 percent stakes with a timeframe stretching to 2020. The ownership stake had also been limited to 25 percent at the time of the November 2017 announcement.

Rules