PYMNTS

APRIL 30, 2020

The coronavirus pandemic has consumers around the world turning to digital devices to access banking services. The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card Mobile Banking Adjustments 60

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

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. Avant’s consumer-facing product is devised as a digital alternative to that market. A Better Option For Banks.

Underwriting 53

Underwriting Online and Mobile Banking Void Verification 53

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

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.

FinTech 99

FinTech Online and Mobile Banking Non-Bank On-Demand 99

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

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.

FinTech 82

FinTech Online and Mobile Banking Non-Bank On-Demand 82

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

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

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% growth rate in 2024, amid China’s subdued dynamics and diminished productivity elsewhere across APAC contributing to this bleaker forecast for the fastest-growing fintech companies.

FinTech 86

FinTech APACS Payment APIs and Integration Multi-Currency 86

Fintech Labs Insights

AUGUST 22, 2024

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. for its consumer savings & rewards solution; expanding product line, increasing market share. QuickFi: Continues to disrupt equipment financing with mobile-first technology, expanding customer base.

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

SEPTEMBER 25, 2019

It appears unlikely at this point – even with the participation of Oprah – that Apple can mount serious competition to Amazon when it comes to the digital and mobile distribution of books, and winning over the hearts and minds of serious readers. Streaming is by far the most common subscription service (70 percent), while online games (30.6

Authorization 46

Authorization Consumer Credit Cards Origination 46

PYMNTS

JANUARY 18, 2018

Grab , the Southeast Asia ridesharing company, has inked a deal to acquire iKaaz , the mobile payment startup hailing from India. The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments.

Digital Payments 40

Digital Payments Online and Mobile Banking Payments Mobile Payments 40

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

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

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 Bitcoin Acquirers 76

CB Insights

JULY 19, 2017

With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. These teams work on research that’s not directly tied to a product and encompasses challenging fields like speech processing, machine intelligence, quantum AI, and more.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

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

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. billion in the bank. The Prime, Plus Membership Face-off: In-store Versus Online. But these results also suggest that the U.S.

Consumer 98

Consumer Online and Mobile Banking Product Non-Bank 98

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

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

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

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

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. percent of the gross domestic product.

PayPal 63

PayPal Online and Mobile Banking Visa Financial Inclusion 63

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

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

CB Insights

JUNE 6, 2019

Coda’s main product was The Coda, a four-door electric sedan. 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. It was very P.T.

Breach 78

Breach On-Demand Product Acquirers 78

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. More Controversial .

CFPB 75

CFPB Rules PayPal Debit Card 75

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. The rise and fall of Pets.com.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Technology 78

PYMNTS

APRIL 15, 2019

In 2011, the company’s services and mobile app debuted in San Francisco. In 2012, Uber launched Uber Eats, a way for drivers to get more paid gigs by delivering food. Founded in 2012, Lyft is about giving consumers an alternative to car ownership. 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 10, 2017

Building a product that people want is hard. The result of getting your product right, however, can be exponential growth so fast it’s hard to wrap your mind around. How Level Money designed itself specifically for a mobile-first experience. How to productize personal responsibility. WHY ARE THEy SUCCESSFUL?

Finance 78

Finance Online and Mobile Banking Product Checks 78

PYMNTS

JULY 25, 2018

Voice-activated AI hasn’t just made the leap from science-fiction offering to real-world product in the last decade — it has gone mainstream quickly. The mobile phone, television and personal computer took 13, 14 and 15 years, respectively, to hit the 25 percent mark. Remarkably quick as a matter of fact.

AI 40

AI Online and Mobile Banking Consumer Technology 40

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

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

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% Two Tap [link] Users can now order any product directly in your app with Two Tap.

FinTech 26

FinTech Online and Mobile Banking Multi-Currency Bitcoin 26

PYMNTS

APRIL 18, 2016

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. Businesses can be part of WeChat too and can advertise their products or services directly to consumers. Consumers love mobile.

Bots 47

Bots Online and Mobile Banking Consumer Checks 47