Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. Card holders can use their physical card at more than 10,000 Banorte ATMs. The new digital bank also offers financing products for bineo account holders. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

PYMNTS

MAY 12, 2017

When consumers can’t open a bank account or access government services online without feeling anxiety, we’ve got a problem.”. O2 Confirms Hack Emptied Some Customers’ Bank Accounts. ATM Skimming On The Rise, Still Rare. Strong identity authentication measures are only as strong as the network they live on.

Business Email Compromise 51

Business Email Compromise ATM Phishing FBI 51

PYMNTS

OCTOBER 28, 2019

Small business (SMB) online lending company BlueVine is expanding its financial services with the launch of BlueVine Business Banking. 28) at the Money20/20 conference, BlueVine Business Banking connects small businesses to checking account services and a debit card: the BlueVine Business Debit Mastercard.

Checks 40

Checks Accounts Debit Card Online and Mobile Banking 40

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 Advisors Micro-Entry 77

M2P Fintech

JULY 28, 2023

Debit cards are pivotal to a bank’s digital payment mix. Banks leverage debit cards for higher customer acquisition, retention, and loyalty while diversifying revenue streams through transaction fees. Though legacy debit card systems have served traditional banks so far, they have limited agility and are high on cost.

Debit Card 52

Debit Card Payment APIs and Integration Reconciliation Fraud Detection 52

PYMNTS

JANUARY 30, 2018

When Bank of America announced last week that it was terminating its free checking option for low-balance customers, a literal Tweet storm broke out. fee was charged each month that the digital customer opted to use a bank branch for services or if they did not make the direct deposit. Free to Be Free.

Direct Deposit 43

Direct Deposit Online and Mobile Banking Checks Non-Bank 43

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

DECEMBER 16, 2016

Bank Stocks: The Fed rate hike is finally in, and that’s likely a good sign for banks (and their stocks). The impact may be longer term in nature, but the benefits will accrue to banks’ bottom lines. The same survey found that among Amazon shoppers, 95 percent describe the online retailer as “trustworthy.” So Now What?

Breach 63

Breach Online and Mobile Banking Data Breach Fed 63

CB Insights

FEBRUARY 1, 2019

Today, Indonesia features one of the most compelling macro backdrops for investment globally with a young, optimistic, and upwardly mobile population of 264M. Speaking of mobile, smartphone penetration in Indonesia continues to grow with close to half of Indonesia’s population expected to own a smartphone by next year.

Online and Mobile Banking 61

Online and Mobile Banking Small Business Non-Bank Economy 61

CB Insights

APRIL 10, 2019

While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets. Facial recognition, for example, could capture what a shopper is looking at, and enable retailers to later serve up related promotions to the shopper via email or online ads.

Law Enforcement 78

Law Enforcement Online and Mobile Banking Use Case Laws 78

PYMNTS

MAY 27, 2016

Overall, according to the Global Fraud Attack Index that we do with Forter every quarter, fraud attempts are up 217 percent, putting nearly $5 of every online sale at risk. First it was one, then two and now it’s said to be 12 banks that have potentially been compromised using SWIFT communication protocols. Angela Ahrendts.

SWIFT 43

SWIFT Bitcoin Online and Mobile Banking ATM 43

Fintech Labs Insights

NOVEMBER 21, 2014

mobile payment (pre Apple Pay of course), just launched a major holiday plastic initiative (see below). _ It looks like they are going for 1 in 7 this year. __ Bank Opportunities __ I''ve been following bank efforts in gift cards for 10 years and have found little exciting to report ( see archives ).

Online and Mobile Banking 24

Online and Mobile Banking Business Day NOV ATM 24

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

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank Is Doing to Drive Virtual Card Adoption. Bank , however, believes it has the perfect weapon to counter such reluctance: vendor and client input. BMO on Taking a Digital-First Approach to Retail Banking.

Technology 52

Technology SARS Online and Mobile Banking Contactless Payments 52

CB Insights

MAY 15, 2019

Founded: 2013. 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). This brainchild from the Lab offers a way to modernize the traditional retail banking experience.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 78