CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

CB Insights

DECEMBER 7, 2017

Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years. Non-bank lenders are becoming much bigger players in mortgages. In 2011, three banks accounted for half of new mortgage loans, according to the Washington Post.

Non-Bank 69

Non-Bank Online and Mobile Banking Origination Underwriting 69

CB Insights

AUGUST 1, 2017

Since launching their first fund in 2011, Social Capital has raised approximately $1.2B “We founded Social Capital in 2011 and built a strong early stage investment practice, with a focus on Series A deals. Consumer: Forge is a social network for the online gaming community. ” – Chamath Palihapitiya.

Participant 34

Participant Online and Mobile Banking Acquirers On-Demand 34

CB Insights

SEPTEMBER 19, 2017

We also charted the share of unicorns that have been added to the club each year since 2013 by location (US vs. non-US). See the map and full list of all non-US unicorns, their select investors, and the date each reached unicorn status below. China Development Industrial Bank, Tencent Holdings, Morningside Ventures. 12/21/2011.

Non-Bank 78

Non-Bank Online and Mobile Banking Technology Innovation 78

PYMNTS

MAY 6, 2019

After all, they’ve only got $45 billion in the bank , and at some point will probably have to pony up $5 billion to pay the FTC and who knows how much to others at some point. Act Three: Facebook execs meet with the Fed and central banks. There was zero incentive for non-gamers to even want to try. But not their money.

Online and Mobile Banking 83

Online and Mobile Banking PayPal Innovation Blockchain 83

CB Insights

OCTOBER 31, 2019

Commercial Banking: How JP Morgan’s chatbot saves the company 360,000 hours a year. Customer journey: Using chat to get people from online to brick-and-mortar. At the most rudimentary end of the spectrum, there are the bots that banks use to prompt callers through a phone tree, telling them to say “yes,” “no,” “check my balance,” etc.

Bots 78

Bots Legal Online and Mobile Banking Research 78

PYMNTS

SEPTEMBER 19, 2016

Technology enthusiasts draw pictures on whiteboards showing bots as the new king of the stack, out-stacking the last great stack — apps, which sit on top of the next-to-last great stack — mobile operating systems, which sit on top of the next-to-next-to-last great stack — the web. WeChat was launched in 2011 by Chinese internet giant Tencent.

Bots 79

Bots Credential Payments Online and Mobile Banking 79

PYMNTS

JULY 1, 2019

billion, revenue was up 45 percent, profits were up 71 percent and mobile was driving a stunning 87 percent of ad revenue, just to highlight a few of the notable and impressive headlines. When Tencent made the move to mobile and launched WeChat in 2011, it had to persuade QQ users to download and use the WeChat app.

Bots 62

Bots Online and Mobile Banking Regulations PayPal 62

PYMNTS

APRIL 15, 2019

In 2011, the company’s services and mobile app debuted in San Francisco. Uber’s integrations with healthcare providers and their billing platforms gets those patients reliably into doctors’ offices, reducing wait times and non-adherence. We’ve seen online advertising disrupted by Google, Facebook and now Amazon.

On-Demand 73

On-Demand Online and Mobile Banking Consumer Caps 73

CB Insights

OCTOBER 4, 2018

Ant Financial was initially launched to support online payments. As the financial affiliate of Chinese e-commerce giant Alibaba Group , Ant Financial encapsulates a fintech ecosystem that starts with its dominant mobile payments service, Alipay, and expands into credit scoring, wealth management, insurance, and lending. Looking ahead.

Online and Mobile Banking 78

Online and Mobile Banking FinTech Mobile Payments Regulations 78

CB Insights

OCTOBER 6, 2017

However, Foxconn has fallen short of its 2011 forecast of installing 1 million robots in its factories in 3 years. As more people shop for products online, there is greater pressure on order fulfillment centers to ship items on time. As consumers shift online, skills transfer may not follow a similar pattern for employees.

AI 69

AI Risk Automation On-Demand 69

CB Insights

MAY 15, 2019

Visa’s Innovation Center aims to increase collaboration among teams working on tech solutions spanning tokenization, payment apps, mobile location confirmation, and more. DBS Bank — DBS Asia X (DAX). Notable projects: Fidelity Charitable is a public charity that accepts non-cash financial assets. Founded: 2016.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 78

CB Insights

SEPTEMBER 4, 2019

Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves. US health clubs have already rushed to capitalize on millennials’ devotion to self-improvement, with the volume of US health clubs increasing by 20% between 2011 and 2015.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Consumer 78

PYMNTS

JANUARY 7, 2019

Leave Mobile Payments, Embrace Ambient Commerce. And, yes, this likely sounds blasphemous from someone who’s been beating the mobile payments drum since 2005, well before the iPhone and the App Store changed how consumers, retailers and payments players all use mobile devices. Naturally, I have a few thoughts.

Online and Mobile Banking 82

Online and Mobile Banking Innovation Mobile Payments Consumer 82

PYMNTS

JUNE 18, 2019

Several social impact organizations and NGOs, Women’s World Bank and Kiva, to name two, have also signed on as Founding Members and are part of the 28 included in today’s announcement. billion people in the world without access to a bank account the ability to have one at no or low cost. New Mission?

Payments 98

Payments Cross-Border Online and Mobile Banking Financial Inclusion 98

CB Insights

NOVEMBER 16, 2017

” King Digital Entertainment , maker of mobile game Candy Crush, was acquired for $5.9B, resulting in a huge payout for Apax Partners, which owned 44%. Mobileye built a successful company in Jerusalem, outside of traditional tech hubs, and raised money from non-traditional investors like Goldman Sachs. Acquisition.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78