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

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. billion (US$36 million) in premiums.

FinTech 93

FinTech Online and Mobile Banking Non-Bank On-Demand 93

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

Fintech Labs Insights

MAY 19, 2015

So, if you want to get your core customers’ kids engaged with the bank, your strategy pretty much must begin with (and can probably end with), mobile. Banks haven’t really been able to devote resources to mobile youth banking as yet. adult) mobile banking was introduced.

Online and Mobile Banking 26

Online and Mobile Banking Mobile Banking Audit Accounts 26

Fintech Labs Insights

JULY 14, 2016

million investment , Austin, Texas-based Buzz Points is unveiling its new online management portal, Buzz Insight for its rewards and marketing platform. ” Buzz Insight is geared toward community financial institutions (CFIs) like credit unions and smaller banks, giving them visibility into customers and local business data. .

Credit Union Service Organization 20

Credit Union Service Organization Credit Union Online and Mobile Banking Enrollments 20

Fintech Labs Insights

AUGUST 29, 2016

Now, they can do it on mobile , too. are coming from mobile devices. “Our mission at Coinbase is to create an open financial system for the world,” the post read, “and enabling easy access to digital currencies like bitcoin and ether in as many countries as possible gets us one step closer to that goal.”

Bitcoin 15

Bitcoin Online and Mobile Banking Digital Currency Debit Card 15

Fintech Labs Insights

JUNE 23, 2015

A new mobile rewards program, “Lake Trust GO,” will soon be available to the more than 170,000 members of the Lake Trust Credit Union courtesy of a new partnership between the credit union and Larky. Larky co-founder Andrew Bank called Lake Trust CU “innovative” and one of Michigan’s leading credit unions.

Credit Union 22

Credit Union Online and Mobile Banking Enrollments Debit Card 22

Fintech Labs Insights

APRIL 18, 2017

Collaboration suite provider unblu understands the value of in-person interactions in banking and the need to deliver a robust experience via digital channels. More importantly, however, the company has figured out how to balance the two by offering the personal touch of an in-person experience through mobile and online channels.

Online and Mobile Banking 16

Online and Mobile Banking On-Demand Consulting Finance 16

Fintech Labs Insights

FEBRUARY 16, 2017

Chase Bank must have had a similar realization when it inked a deal with Roostify today. Mike Weinbach, CEO of Chase Mortgage said that leveraging Roostify will allow the bank “to be where more of our customers are, which is online and on their phones, while still offering the option to work with us in person if they prefer.”.

Online and Mobile Banking 16

Online and Mobile Banking Verification Origination Process 16

Segpay

JUNE 25, 2024

Pay by Bank transactions – also known as Bank Transfers, A2A, or Direct Bank Payments – are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through Open Banking.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

CB Insights

NOVEMBER 6, 2018

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. Company Description: Based in Sweden, Klarna provides online payment solutions.

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

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. On the eve of Yahoo’s acquisition of social networking platform Tumblr, then Yahoo CEO Marissa Mayer wrote a Tumblr post promising “not to screw it up.” Date: March 21, 2012. Date: 2012. Microsoft and Nokia.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

Fintech Labs Insights

JULY 12, 2016

The fintech community started paying attention to the trend around 2012. Companies use the database to search offers and offer requests; card-linked technology providers list offers and banks & digital publishers request offers. Using CLIMe enabled them to get their offer to multiple banks and digital publishers.

Posting 16

Posting Database Online and Mobile Banking Processors 16

Fintech Labs Insights

JUNE 9, 2015

Earlier this year, CashSentinel launched its mobile payment escrow service to the public in Switzerland. Since it was founded in 2012, CashSentinel has received a total of $650,000 in seed funding and grants. The company holds partnerships with Swissquote Bank and AutoScout24.

Online and Mobile Banking 25

Online and Mobile Banking Mobile Payments Checks Transactions 25

Fintech Labs Insights

MARCH 27, 2017

Generation Z, also known as the iGeneration , is defined as people born between the years 1995 to 2012. Many banks understand the value of catering to younger generations– if you hook them young, it’s easier to score them as clients for life. With FamZoo’s Virtual Family Bank, parents help kids manage their money.

Online and Mobile Banking 17

Online and Mobile Banking B2C B2B Automation 17

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

Fintech Labs Insights

APRIL 14, 2016

Founded: 2012. May 2015 demo : Alpha Payments Cloud showed AlphaHub , its omni-channel solution access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world. October 2015: Partnered with Macquarie Business Banking. December 2015: Offered quick login on mobile.

Online and Mobile Banking 16

Online and Mobile Banking MSPS ISOs Underserved 16

Fintech Labs Insights

MAY 18, 2016

billion in online payments. When coupled with TIO’s walk-in billpay service, which processes in excess of $8 billion annually, TIO expects to serve a significant number of people who pay bills outside of mainstream banking channels. The company launched TIO Mobile Pay at FinovateSpring 2012. The Vancouver, B.C.-based

Consumer 17

Consumer Online and Mobile Banking Acquirers Process 17

Fintech Labs Insights

APRIL 14, 2016

can now spread out the cost of larger purchases when using PayPal at an online retailer or paying with their PayPal digital wallet. PayPal has partnered with a handful of online retailers to integrate a range of financing deals within their checkout experience: Blacks. Starting this week, PayPal users in the U.K.

PayPal 13

PayPal Finance Online and Mobile Banking Accounts 13

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

AUGUST 10, 2016

In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed. After extracting this information, criminals use it to steal money from victim bank accounts.

Innovation 40

Innovation Online and Mobile Banking Credit Cards Phishing 40

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

Fintech Labs Insights

MARCH 30, 2015

The Fed''s latest mobile banking/payments usage numbers ( full text ) were bouncing around the fintech blogosphere last week. Note: The online survey was fielded in December of each year. The only sour note was the flatline of mobile banking usage among smartphone owners. Why has smartphone mobile banking stalled?

Online and Mobile Banking 33

Online and Mobile Banking Mobile Banking Non-Bank Issuers 33

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

Fintech Labs Insights

JULY 21, 2016

” Kapadia went on to explain that Blend’s mobile-first design walks users through the mortgage purchase experience by asking questions, offering contextual help, and learning about each applicant’s unique needs. Company facts: Founded in 2012. One third of Blend mortgage applications take place on mobile devices.

Process 18

Process Online and Mobile Banking Origination Consumer 18

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% 1 SafeGold (India) SafeGold operates a digital gold platform, allowing customers to buy, sell, gift, and redeem gold online. 2 Alami Sharia (Indonesia) Alami Sharia specialises in Sharia-compliant peer-to-peer lending.

FinTech 98

FinTech APACS Payment APIs and Integration Multi-Currency 98

Finovate

MAY 3, 2024

million) investment secured by Danish challenger bank Lunar. The financing came courtesy of HSBC Innovation Banking UK, a subsidiary of HSBC Group. “We are delighted to announce our partnership with HSBC Innovation Banking. A few days ago, we highlighted the $25.7 million (€24.1 Aiia was acquired by Mastercard in 2021.

Small Business 64

Small Business Finance Cross-Border Payments Cross-Border 64

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Online courses & content.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

Nanonets

JUNE 29, 2023

Nanonets reads transaction information from any source, updates the invoice, and posts to your ERP. 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.

Payment APIs and Integration 52

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

CB Insights

MAY 23, 2019

Pixelon: Online video vaporware. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US. Total Funding: $1.1B.

Online and Mobile Banking 78

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

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. A blog post by pathologist Adam Clapper confirmed that something was amiss. There’s no single explanation for why big-name startups fall apart.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Technology 78

CB Insights

JUNE 6, 2019

After evaluating the vehicle, the EPA gave The Coda a fuel economy equivalence of 73 miles per gallon, the highest of any electric vehicle on the market in 2012. In December 2012, Coda was forced to lay off 15% of its total workforce. By February 2014, Quirky had just $50M left in the bank and was burning through almost $6M per month.

Breach 78

Breach On-Demand Product Acquirers 78

CB Insights

NOVEMBER 29, 2018

We sifted through over 100 post-mortems to find out why that is. Venture-backed companies are taking on every part of the payments value chain, from the point-of-sale to bank APIs to cross-border payments. were made on mobile devices, a jump up from last year’s 29.1% The harsh reality is most startups don’t make it.

Blockchain 41

Blockchain Cross-Border Payments Online and Mobile Banking Cross-Border 41