Capital markets

Venture capital often moves like a tide. Janet Bannister seeks opportunity that's just a bit farther out.

The Most Influential Women in Payments are the ones taking risks with new ideas and investments, and developing the technology that will forever change the way people handle money. Not only do they set an example for their peers, they are unafraid to learn from newcomers and are diligent about encouraging a freshness and diversity of ideas.

Quona Capital Management Ltd. raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.

The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.

The San Carlos, Calif., firm is following a similar blueprint as other online lenders — launching with a particular loan product, refining its algorithms, and then seeking to expand into other corners of consumer finance.

Everybody thinks business travel payments and bookings are a headache, until consumer-style rewards are thrown in.

The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said.

A joint venture the California company operates in China opened its first branch in Shanghai in 2012.

As part of the closure, the Hong Kong company — whose brand in U.S. banking was closely linked with Mayo — has shut down its widely followed research division.

Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other.

It’s unclear whether connecting lenders and borrowers over the internet offers any advantages over traditional lending, according to panelists at the Structured Finance Industry Group conference in Vegas.

The Structured Finance Industry Group and Chamber of Digital Commerce will explore ways distributed ledger technology might speed transaction processing and improve transparency.

The payments industry has been overrun with innovation in mobile, wearable and cloud-based digital payments. But many niches are years — if not decades — behind this trend.

A core processing startup gets $16 million and a U.K. challenger bank raises $27.6 million.

If you've ever walked past a film shoot, it's easy to see how much more there is to the movies and TV than just the star and director. There's often dozens or even hundreds of other people involved in the production — bit players, stunt performers, musicians and more — and they all have to be paid, at times irregularly and under different rules.

Tala, based in Santa Monica, Calif., makes its loan decisions after analyzing data on the mobile phones of users in Kenya and the Philippines.

The payments technology revolution of the past few years has given consumers myriad new ways to shop across different channels. Business payments have not enjoyed the same level of attention.

OpenFin, a devotee of open source software, has raised $15 million in Series B funding to fuel staff expansion, business development and new products.

Bond Street targets small businesses that might be able to qualify for a bank loan but are looking for a faster and easier approval process.

Billionaire investor Carl Icahn reduced investments in PayPal Holdings Inc., Nuance Communications Inc. and Freeport-McMoRan Inc., according to a regulatory filing Tuesday.