Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

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 100

FinTech APACS Payment APIs and Integration Multi-Currency 100

PYMNTS

NOVEMBER 30, 2019

billion in 2013, according to the market research group Euromonitor International. The newest version of Monopoly is called “Monopoly Voice Banking.” For starters, expect even more board games to have an online or mobile component, allowing people to play by themselves or with other, distant players.

Non-Bank 84

Non-Bank Online and Mobile Banking Research Consumer 84

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

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

PYMNTS

JANUARY 15, 2020

Raisin will license Choice FS’ software to banks in the U.S., Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. Raisin , which is backed by PayPal, was founded in Berlin in 2013 and has raised about $200 million in funding from investors.

FinTech 52

FinTech Credit Union Deposit Account Online and Mobile Banking 52

PYMNTS

MARCH 24, 2016

The world of mobile payments news this week started out in the one region of the world that doesn’t often make much news when it comes to what U.S. companies are doing in mobile commerce: Cuba. Which brought about news from some of the biggest players in mobile payments, like Xoom, PayPal and Western Union.

Online and Mobile Banking 44

Online and Mobile Banking PayPal Mobile Payments Push-to-Card 44

Stax

DECEMBER 20, 2023

Avoid Non-Mandatory Contracts No one likes to be stuck in a contract, from cell phone contracts to credit card processing contracts. One of the most famous data breaches happened to Target in 2013. Use Address Verification Services (AVS) AVS is a fraud prevention measure for online and card-not-present transactions.

Credit Cards 88

Credit Cards Small Business Process Security 88

FICO

FEBRUARY 10, 2017

For all the differences between traditional banks and new online lenders, there is one business challenge that unites both groups: acquiring new customers. While online lenders experiment with offline marketing tactics, banks are aggressively ramping up their online marketing efforts, with total digital ad spend by U.S.

Online and Mobile Banking 45

Online and Mobile Banking Non-Bank Card Issuer Identity Theft 45

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

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

FICO

FEBRUARY 9, 2017

For all the differences between traditional banks and new online lenders, there is one business challenge that unites both groups: acquiring new customers. While online lenders experiment with offline marketing tactics, banks are aggressively ramping up their online marketing efforts, with total digital ad spend by U.S.

Online and Mobile Banking 40

Online and Mobile Banking Non-Bank Card Issuer Identity Theft 40

PYMNTS

JUNE 27, 2019

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

Blockchain 59

Blockchain Digital Payments Instant Payments Online and Mobile Banking 59

PYMNTS

DECEMBER 1, 2016

The country of Sweden is already striving to be the first cashless country , in that a large number of the nation’s banks do not traffic in cash, either taking it in or doling it out, while at the same time the cash supply is dwindling. are still using checks, with many of them using banks — versus a mobile or smartphone — to pay them in.

Privacy 48

Privacy Online and Mobile Banking Non-Bank Checks 48

Fintech Labs Insights

JUNE 22, 2015

online banking are rarer than the (not-so) mythical fintech unicorn. And mobile banking fees are pretty much non-existent outside a few remote deposit fees (see previous post). The service is mobile only, and the company currently has no plans to add it to the desktop version. Fees in U.S.

Identity Theft 26

Identity Theft Online and Mobile Banking Non-Bank Debit Card 26

PYMNTS

AUGUST 27, 2018

Banks $88 Billion Bad Debt Concern . The delinquent credit rate is ticking up, and banks are reacting by dialing back new account approvals. Credit card debt made it over the $1 trillion mark in 2017, making it the third non-mortgage lending category to have surpassed the ten-digit mark in measuring consumer debt. In fact, at 3.4

Data Breach 41

Data Breach Breach Credit Cards Online and Mobile Banking 41

CB Insights

OCTOBER 10, 2017

How Level Money designed itself specifically for a mobile-first experience. Acorns’ rock-bottom customer acquisition costs as driven by non-viral referral. Daily bill payments from Check’s mobile app reached over $1M in daily volume in just one year. bank accounts. Let’s dig in. Source: Andrew Chen.

Finance 78

Finance Online and Mobile Banking Product Checks 78

CB Insights

MARCH 27, 2018

Online retailer Overstock.com, which traditionally sells home goods, clothing, and beauty products, announced December 14 that it would look to sell or reorganize its retail business in order to focus on blockchain. In the past couple weeks, the volatile stock has spiked once more, closing at more than $70 on 3/23. Overstock.com. NXT-ID INC.

Blockchain 48

Blockchain Cryptocurrency Bitcoin Accreditation 48

Fintech Labs Insights

MARCH 14, 2017

The company’s platform leverages live video and identity document verification, as well as authentication by bank account and the GOV.UK Verify system, to enable digital signing, speed customer on-boarding, and remove friction from the online experience for financial services consumers. ” Company Facts.

On-Demand 15

On-Demand Verification Online and Mobile Banking Non-Bank 15

CB Insights

AUGUST 1, 2017

Deals were just shy of the record set in 2013, which saw 38 investments worth approximately $332.7M Ted and Stewart were both on the Cozy board (another Social Capital investment), and we first met with Stewart about Slack in October 2013, when there were just a handful of companies, including Cozy, using the Slack beta. in financing.

Participant 34

Participant Online and Mobile Banking Acquirers On-Demand 34

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 127

FinTech Online and Mobile Banking Multi-Currency Non-Bank 127

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. In 2013, over 70% of companies that achieved unicorn status were US-based.

Non-Bank 78

Non-Bank Online and Mobile Banking Technology Innovation 78

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. In 2013, Microsoft CEO Steve Ballmer saw an opportunity in Nokia, a Finnish phone company that was losing ground to competitors. Date: May 20, 2013. Bank of America and Countrywide. Microsoft and Nokia. Price: $7.9B.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

CB Insights

OCTOBER 6, 2017

In 2013, Nike invested in California-based industrial robotics startup Grabit , which is currently deployed in some of Nike’s manufacturing facilities. As more people shop for products online, there is greater pressure on order fulfillment centers to ship items on time. But there are hurdles on the road to automation.

AI 69

AI Risk Automation On-Demand 69

CB Insights

SEPTEMBER 4, 2019

in 2018, up from less than $2B in 2013. Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves. From Starbucks to Panera, chains are embracing mobile ordering and in-store pickup to attract a busier, millennial audience.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Consumer 78

CB Insights

JULY 21, 2017

Earlier this week, Bank Indonesia, the central bank of Indonesia, nominated three companies for its award for the fintech company most supportive of the “non-cash national movement of inclusion.” At risk are the region’s banks, insurers, and even local startups amid an aggressive land grab by larger players.

FinTech 37

FinTech Online and Mobile Banking On-Demand Non-Bank 37

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Online and Mobile Banking 15

Online and Mobile Banking Innovation FinTech NOV 15

PYMNTS

JULY 15, 2016

It also seems like a sizzle when half your customers belong to your loyalty club and spend 2x the amount of non-loyalty club members – just saying.) Amazon also said that more than one million customers used Amazon via mobile for the first time to make a purchase.

FDIC 41

FDIC Bitcoin Online and Mobile Banking Caps 41

CB Insights

OCTOBER 31, 2017

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Title: My Mobile AR Start-Up Died So Yours Doesn’t Have To. Product: Blin.gy App. Product: Raptr.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

Fintech News

SEPTEMBER 4, 2024

However, recent stringent regulations imposed by the Reserve Bank of India (RBI) have significantly impacted the sector, leading many fintech companies to reassess their BNPL strategies. Similarly, Slice, originally a BNPL firm, has transitioned to offering prepaid credit cards and is now merging with North East Small Finance Bank.

BNPL 90

BNPL Online and Mobile Banking Credit Limit Credit Cards 90

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

PYMNTS

MARCH 7, 2016

CAN WE MAKE THE OFFLINE WORLD AS EFFICIENT AS THE ONLINE WORLD? The ability for busy people to shop 24/7/365 via a mobile device trumps the serendipity that everyone says is one of the great benefits of shopping in a physical store. So what would physical retail look like if it were run like the best online etailers ?

Online and Mobile Banking 46

Online and Mobile Banking Payments Financial Inclusion Same Day ACH 46

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

Finovate

DECEMBER 10, 2024

Mobile banking platform MoneyLion has been acquired by identity protection and cybersecurity company Gen Digital Inc. Mobile banking platform MoneyLion is the latest among a string of acquisitions taking place in fintech this month. (Gen), The $1 billion deal is expected to close in 2025. billion. .

Acquirers 59

Acquirers Embedded Finance Online and Mobile Banking Payment APIs and Integration 59

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). Notable projects: Fidelity Charitable is a public charity that accepts non-cash financial assets.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 78