PYMNTS

MAY 2, 2017

More telling, according to market watchers, is how Cap One is explaining the apparent weakness. But Cap One isn’t the only issuer experience a sudden spike in losses. Capital One’s first-quarter earnings are a good case in point, as they notched a much higher rate of loss than its management or investors were expecting.

Consumer 41

Consumer Caps Issuers Risk 41

PYMNTS

JUNE 17, 2016

It has lost more than 80 percent of its market cap since its late December 2014 IPO. On January 21, 2014 Marc Andreessen explained , “why bitcoin has so many Silicon Valley programmers and entrepreneurs lathered up” and compared it to the “Internet in 1993.” Most others have struggled, too.

Bitcoin 45

Bitcoin Blockchain Online and Mobile Banking Caps 45

PYMNTS

OCTOBER 1, 2018

The DOJ further alleged that LendingClub made the loans to bolster its underwriting figures so that it could make monthly loan volume goals. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

APRIL 17, 2017

So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press). That churn, and low volume, which also came with a big dose of chargebacks, raised red flags for many. loss last year.

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

PYMNTS

NOVEMBER 8, 2017

Denmark’s NETS RealTime 24/7 initiative launched in 2014 and offers near real-time settlement of transactions — including P2P, mobile, online and credit transfer payments, as well as B2B payments. While there are no volume limits, there are caps on both consumer and business transactions of $26,000, according to FIS.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

NOVEMBER 15, 2019

Amazon’s lead has remained fairly commanding and complete since launching the Echo and Alexa in 2014. We need to translate this repetitive food and consumable volume into a stronger Walmart.com business that’s profitable over time, so that’s what we’re working on.”. Chinese smart speaker manufacturer Baidu was third, with 13.1

Consumer 46

Consumer Product Wires Wire 46

Fintech Labs Insights

AUGUST 22, 2024

Only 17 have gone out of business, mostly in the 2014 to 2017 vintage, which makes sense as well-funded startups usually last at least 5 years. And prior to 2014, the line-up was smaller and highly curated. QuickFi : Reported a 45% increase in loan volume. Fall 2014 (New York): Anchor ID (CLOSED March 2020): Raised $1.9M

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

CB Insights

OCTOBER 29, 2018

Date: April 25, 2014. Ballmer led Microsoft’s purchase of Nokia for over $7B in a deal finalized in 2014. Date: January 13, 2014. In 2014, Google sought to make an entrance into smart homes by acquiring Nest Labs, a four-year-old startup founded by two ex-Apple engineers, Tony Fadell and Matt Rogers. Price: $3.2B.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

PYMNTS

DECEMBER 12, 2016

Its launch of Pantry in April 2014, Dash in March 2015 and the Dash replenishment system later that same year were all aimed at shifting the spend of the 32 percent of grocery sales that consumers regarded as “staples” online. The trek to the grocery store is still a well-engrained ritual that happens 1.6 times a week, on average.

Consumer 80

Consumer CHIPS Accounts Innovation 80

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Sales volume rose 60 and 50 percent, respectively, worldwide and in the U.S. Let’s not forget that it’s added something like $9B to Nintendo’s market cap in a week. Amazon Sellers .

FDIC 41

FDIC Bitcoin Online and Mobile Banking Caps 41

PYMNTS

AUGUST 21, 2017

It was shuttered in 2014. Facebook shuttered Gifts in August of 2014. With a market cap of $37.2 While, on average, the eCommerce sector overall has seen a gain of 46.4 percent year to date, eBay’s seen gains of only 18.7 It created its first “marketplace” for classified listings in 2007. Or so they thought.

PayPal 51

PayPal Push-to-Card Consumer Acquirers 51

CB Insights

DECEMBER 4, 2019

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

CB Insights

SEPTEMBER 10, 2019

Simple, an early contender founded in 2009, floundered following its 2011 launch before ultimately being bought by Spanish banking giant BBVA in 2014. The site has 8M users and processes $200B in volume. in volume — a 78% bump year over year. Apple launched its mobile payments platform, Apple Pay , in the fall of 2014.

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

PYMNTS

JULY 27, 2016

2014, which raised $25 billion to become the largest global IPO ever, investors couldn’t wait to get their hands on the stock, sending it skyrocketing from its IPO price of $68 to open at $92.70 14, 2014), as Alibaba closed the day at $83.59 That’s nearly $10 less than its opening price two years ago, despite a market cap of $202.76

NOV 40

NOV On-Demand Caps Product 40

PYMNTS

JULY 1, 2016

At the same time, the marketplace lender said that they were going to cut 179 jobs in anticipation of lower volumes. Later in the week, we learned, from Lending Club, that some of Lending Club’s loan volumes reported in advance of the CEO were the result of Laplanche’s relatives taking out loans to boost the volume. Like stuff.

Debit Card 40

Debit Card Online and Mobile Banking Volume Processors 40

PYMNTS

APRIL 4, 2016

Six years and an expanding inventory of cars and price points later, Uber’s platform has a market cap of $70 billion, more than 1 million drivers across 400 cities worldwide who’ve delivered a 1 billion rides – and the first instance of what we now call “invisible” payments in the offline world. plus other geographies.

Credential 49

Credential Consumer Use Case Accounts 49

CB Insights

OCTOBER 16, 2018

The online bookseller didn’t turn a profit for six years — today, it’s the second publicly traded company ever to hit a $1T market cap. 2014: Bet on ideas that have unlimited upside. 2014: Bet on ideas that have unlimited upside. Place your bets where your downside is capped but your upside is unlimited.

Innovation 78

Innovation Product Risk Technology 78

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. In 2014, the Grand Bazaar was named the world’s No. Sellers began vigorously competing on price and merchandising.

Rules 51

Rules Online and Mobile Banking Consumer Product 51

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. In 2014, the Grand Bazaar was named the world’s No. Sellers began vigorously competing on price and merchandising.

Rules 44

Rules Online and Mobile Banking Consumer Product 44

CB Insights

MARCH 2, 2018

in market cap. Both companies can afford to spend aggressively on expansion as their stocks have soared — market caps sit at $720B for Amazon and $483B for Alibaba. Paytm Mall is projected to handle a gross merchandise volume of $3B in the financial year ending in March, and is targeting $10B by March of 2019.

On-Demand 68

On-Demand Acquirers Product Continuity 68