PYMNTS

JUNE 1, 2020

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands.

Innovation 53

Innovation Online and Mobile Banking Accounts SWIFT 53

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But the online shift has also created opportunities for financial institutions to demonstrate their strong fraud controls in the digital space.

Fraud Prevention 59

Fraud Prevention Scams Online and Mobile Banking Account Takeovers 59

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Online and Mobile Banking 53

Online and Mobile Banking Non-Bank FinTech Addressing 53

Fintech Labs Insights

JUNE 29, 2021

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) .

Small Business 15

Small Business Online and Mobile Banking Credit Cards FinTech 15

Fintech Labs Insights

AUGUST 22, 2024

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. QuickFi : Reported a 45% increase in loan volume.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

PYMNTS

APRIL 25, 2016

Visa is determined to make EMV faster, Starbucks wants to make getting that cuppa joe faster, too, and is crushing it with mobile order ahead and the CFPB might be moving closer to having a fast exodus of the payday lending business once its rules drop. Overall, year over year, online fraud attacks have spiked 215 percent.

EMV 40

EMV CFPB Online and Mobile Banking CHIPS 40

PYMNTS

OCTOBER 8, 2019

Today in the payments news roundup, Affirm has launched a new app that will let customers use the service to pay almost anywhere online or in the real world. Domino’s Supreme Court Decision Spotlights Online Web Accessibility . The company launched in 2012. Inside UMB Bank’s AP Automation Agenda.

Online and Mobile Banking 43

Online and Mobile Banking Payroll Money Laundering Automation 43

Fintech Labs Insights

JUNE 27, 2023

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? The score is based on VC funding, website traffic, mobile downloads, and the number of employees.

Small Business 15

Small Business Online and Mobile Banking Acquirers Processors 15

PYMNTS

SEPTEMBER 19, 2017

The malware, dubbed “ ExpensiveWall ” after the fraudulent app “Lovely Wallpaper,” was loaded into 50 different mobile apps and downloaded as many as 4 million times. The Israeli cybersecurity company Check Point Software Technologies alerted Google to the cyberattack on Aug. 7, and the apps were removed from the store.

Payment APIs and Integration 40

Payment APIs and Integration Federal Trade Commission Online and Mobile Banking eWallet 40

PYMNTS

JANUARY 2, 2019

a number of leading tech companies have become vocal in their support of a real-time payments (RTP) network, to be created under the leadership of the Federal Reserve and different from what has been previously proposed by the big banks. In a recent example, in the U.S., Key Drivers in Place. Signing On, With ROI in Sight.

Real Time Payments 79

Real Time Payments RTP ISO 20022 Cross-Border 79

PYMNTS

FEBRUARY 11, 2020

To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market digitally and to target consumers underserved by traditional banking models. As Choubey told Webster, the FinTech traces its roots to providing financial access to 90 million Americans.

Visa 61

Visa Consumer Financial Inclusion Underserved 61

Fintech Labs Insights

DECEMBER 2, 2021

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) .

Small Business 15

Small Business Online and Mobile Banking Credit Cards Acquirers 15

PYMNTS

OCTOBER 22, 2020

But perhaps more unexpectedly, consumers aren’t just looking for a new contactless form factor with which to pay, like a mobile wallet or a contactless car – but a new payment mechanism entirely. Afterpay’s Banking Expansion . million users access to checking and savings accounts. Affirm Eyes the Public Markets.

BNPL 77

BNPL Payments Trends PayPal Payments 77

CB Insights

NOVEMBER 6, 2018

Check out our real-time Unicorn Tracker for a full list.). Company Description: Founded in 2012, this Berlin-based company runs an online used car exchange via a family of sites such as Auto1.com, Earlier this year, it launched a fintech subsidiary, Auto1 Fintech, with Deutsche Bank and Allianz. Total Funding: $1.1B.

Online and Mobile Banking 76

Online and Mobile Banking FinTech Payment Solutions Debit Card 76

Fintech Labs Insights

DECEMBER 29, 2015

The end of the year provides a unique challenge to banks. For banks it’s a good time to run a few simple messages: Thank customers for a great year. Detail holiday branch hours & service options (extra credit for a plug for online/mobile banking). Banks in the Holiday Spirit.

Online and Mobile Banking 18

Online and Mobile Banking Chip Cards Credit Cards Checks 18

Fintech Labs Insights

JUNE 9, 2015

Earlier this year, CashSentinel launched its mobile payment escrow service to the public in Switzerland. The startup aims to create a safe environment for two private parties to buy and sell used vehicles ( check out our in-depth review of the platform ). The company holds partnerships with Swissquote Bank and AutoScout24.

Online and Mobile Banking 25

Online and Mobile Banking Mobile Payments Checks Transactions 25

PYMNTS

OCTOBER 21, 2019

The Greatest Hits (And Misses) Of Capturing The Magic In Mobile Payments . Among the defining stories of the last decade of payments is the long-running struggle to ignite mobile payments. Two years later, in 2012, MCX rolled up with much the same ambition, but a different team of rivals: every major merchant in the U.S.

Innovation 52

Innovation Payments Online and Mobile Banking Mobile Payments 52

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

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. percent since 2012. trillion, up 18.5

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

PYMNTS

APRIL 18, 2016

Who knew — the next big thing in hospitality, checking in via raptor. Sophisticated cybercriminals have also used botnets to release denial of service attacks on sites and steal personal information, including bank account numbers. 1 source of online fraud. Consumers love mobile. Bots are nothing new, in fact. In the U.S.,

Bots 47

Bots Online and Mobile Banking Consumer Checks 47

Fintech Labs Insights

AUGUST 12, 2014

Table: YC Fintech Companies by Year Class Total Companies # Fintech Companies % Fintech 2014 (half year) 56 5 9% 2013 83 9 9% 2012 117 8 7% 2011 89 7 8% 2010 61 6 10% 2009 39 1 3% 2008 43 1 2% 2007 32 2 6% 2006 17 0 0% 2005 8 1 13% Total 545 40 7.4% Standard Treasury [link] APIs for commercial banks. During the past 4.5 One solution.

FinTech 26

FinTech Online and Mobile Banking Multi-Currency Bitcoin 26

Fintech Labs Insights

FEBRUARY 25, 2016

Via strategic partnerships with mobile network operators M-Pesa-Vodafone of Tanzania and Air Tel Money of Burkina Faso, online money transfer specialist Xendpay is expanding its services in Africa to the east and west at the same time. Xendpay was founded in 2012 and is headquartered in London.

Online and Mobile Banking 15

Online and Mobile Banking eWallet Debit Card PayPal 15

PYMNTS

MARCH 9, 2020

At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Many small businesses, too, are struggling to access the bank products they need to survive and thrive, like bank loans and deposit accounts.

Credit Union 75

Credit Union Community Banks Small Business Online and Mobile Banking 75

PYMNTS

JUNE 14, 2019

Big Debate Of The Week: Did Amazon’s Estimated Online Market Share Just Drop? While Amazon is fairly tight-lipped about specific numbers, eMarketer has cut its estimate of Amazon’s current online commerce market share in the U.S. percent of online commerce this year — a sharp drop from its prior estimate of 47 percent.

Push-to-Card 40

Push-to-Card Online and Mobile Banking Accounts On-Demand 40

Fintech Labs Insights

AUGUST 26, 2015

And that may be why a company like INETCO , which has been in more than one technology rodeo since its founding in 1984, has developed technology to put real-time transaction data right where bank CMOs want and need it. Produced more than 100% revenue growth annually since 2012. “We flipped that on its head. ” Stats.

Transactions 24

Transactions ATM Online and Mobile Banking Credit Union 24

PYMNTS

APRIL 11, 2016

Stripe — The ‘PayPal ’ of mobile”. Technology, cloud computing, the diffusion of mobile devices, the many location-based technologies that mobile enables and an ever-growing supply of APIs and SDKs all make it incredibly tempting and even easy to start a “platform” business. iHeartDogs — The ‘Uber’ of dog walking”.

Venmo 45

Venmo PayPal Online and Mobile Banking Push-to-Card 45

CB Insights

SEPTEMBER 22, 2017

Every year since 2012, Southeast Asian startups have pulled in more and more money. Southeast Asia is now home to four unicorns: two Singaporean companies, ride-hailing app Grab and online gaming company Sea , and two Indonesian companies, travel bookings site Traveloka and ride-hailing app GO-JEK. SOUTHEAST ASIA FINANCING TRENDS.

Online and Mobile Banking 76

Online and Mobile Banking Participant Acquirers Bitcoin 76

PYMNTS

JULY 20, 2017

New players on the digital banking scene are hoping to change the game by looking to industries that are categorically unlike banks for inspiration. Over the past few years, dozens of so-called digital-only “challenger” banks have emerged on the financial scene, ready to compete with larger more traditional banks.

Online and Mobile Banking 51

Online and Mobile Banking Non-Bank Consumer Technology 51

Stax

JULY 1, 2024

It’s important to assess what features you require, whether that’s processing paper checks or time tracking, so you don’t pay for tools you aren’t using. Paychex Flex is their online payroll software solution designed specifically for small businesses. However, it receives praise for ease of use and customizable payroll reports.

Small Business 88

Small Business Payroll Direct Deposit Compliance 88

CB Insights

AUGUST 1, 2017

We checked in again in January 2014 to get some early findings. Slack was still pretty small at that point – fewer than 10,000 total users – but thanks to our earlier investment in Yammer, which had been acquired by Microsoft in 2012, it was clear that there was something really special going on with this product. valuation in 2012.

Participant 34

Participant Online and Mobile Banking Acquirers On-Demand 34

Nanonets

JUNE 29, 2023

Integration with NetSuite, Quickbooks Online, Xero, and Sage Intacct, Integration with Slack, allowing employees to receive alerts, handle requests, and obtain approvals directly within the Slack interface. I Two-factor authentication for bank account changes via the vendor portal further fortifies protection against scams.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Automation Multi-Currency 52

PYMNTS

OCTOBER 12, 2018

For 73 percent of Americans, participating in the digital economy is as easy as securing internet access and entering their relevant credit, debit or bank account numbers with the merchants and service providers they want to buy from and setting up their mobile banking app. And for good reason, he noted.

PayPal 63

PayPal Online and Mobile Banking Visa Financial Inclusion 63

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. With lower costs and a bigger market to sell to, a new crop of online pet supplies retailers eventually emerged. Total funding : $161M.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Technology 78

CB Insights

MAY 23, 2019

A promising new idea — especially if it’s pitched by the right person — can essentially win an entrepreneur a blank check to bring their vision to life or help a fledgling venture fund land its all-important first investments. Pixelon: Online video vaporware. In 2014, mobile payments company Mozido was valued at $2.3B.

Online and Mobile Banking 78

Online and Mobile Banking Wire Wires Push-to-Card 78

PYMNTS

JULY 25, 2018

The mobile phone, television and personal computer took 13, 14 and 15 years, respectively, to hit the 25 percent mark. Voice assistants, on the other hand, have taken four years — starting in 2012, the year Siri was first rolled out to the public. That’s irrespective of where they shop — online or at a physical store.

AI 40

AI Online and Mobile Banking Consumer Technology 40