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

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. Goodenough said that since 2014, more than 30 million “very active” consumers have brought their buying power online.

Digital Payments 52

Digital Payments Cross-Border Cross-Border Settlement Online and Mobile Banking 52

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

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

Fintech Labs Insights

JANUARY 13, 2016

Can you imagine spending as much time with your banking app as you do with Facebook or Twitter? Not only can FINANTEQ imagine it, but with its new banking app, SuperWallet , the Polish spin-off from eLeader is doing everything it can to make it happen across Europe and, soon, the U.S. Headquartered in Lublin, Poland.

Innovation 15

Innovation Online and Mobile Banking Non-Bank Mobile Banking 15

PYMNTS

OCTOBER 21, 2020

Before 2014, talking to a virtual assistant and instructing it to turn on the lights, start the dishwasher or order up the groceries was the sort of thing the average consumer would more expect to see in a science fiction or superhero movie than in their house. percent also reported having bought retail goods online in the last 24 hours.

Economy 60

Economy Online and Mobile Banking Consumer Non-Bank 60

PYMNTS

JUNE 1, 2016

On the one hand, eCommerce and cross-border commerce growth in the country is expanding rapidly, as access to the Internet and massive penetration of smartphones moves commerce online for everyone, including the people of Turkey. PayPal applied and was rejected.

Regulations 40

Regulations Cross-Border PayPal Online and Mobile Banking 40

PYMNTS

NOVEMBER 7, 2016

In Poland, it’s fair to say that cash is still king,” stated Joanna Erdman, director of core service and non-banking products at mBank, one of the largest banks in Poland. The adoption of contactless cards and mobile wallets has been progressing quickly, especially among young consumers.”. Cash’s volatile reign.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card ATM Research 60

PYMNTS

APRIL 29, 2019

And a Prime customer who spends $1,400 each year, more than twice that of non-Prime shoppers. The need for creating certainty is why QSRs are hopping on the mobile order-ahead bandwagon. Plastic cards and the card rails are reliable and certain, at the physical store as well as online. Certainty as a Competitive Advantage.

Online and Mobile Banking 64

Online and Mobile Banking Consumer PayPal Non-Bank 64

PYMNTS

JUNE 1, 2017

It is, of course, obvious that the internet has changed how the world gets its information and conducts its commerce, but the specters of fraud and data breaches are keeping the latter from reaching its true potential online. For businesses, 2014 was “the wakeup call” and a “banner year for internet crime.”

Online and Mobile Banking 44

Online and Mobile Banking Payments Federal Reserve Breach 44

PYMNTS

NOVEMBER 2, 2020

billion in the bank. The Prime, Plus Membership Face-off: In-store Versus Online. Walmart+, as advertised, also includes mobile Scan and Go in-store using the Walmart app — a feature that has consistently failed to excite Walmart customers over the last six years. But these results also suggest that the U.S.

Consumer 98

Consumer Online and Mobile Banking Product Non-Bank 98

PYMNTS

SEPTEMBER 10, 2019

Use cases for the digital ID wallet could include accessing age-restricted places like bars, signing into services like online tax filing or verifying identities at polling stations. Bank of America recently applied to patent a security system with a digital wallet interface that fuels a layered authentication system.

Verification 54

Verification Authentication Governance Government 54

CB Insights

OCTOBER 29, 2018

Date: April 25, 2014. Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. Ballmer led Microsoft’s purchase of Nokia for over $7B in a deal finalized in 2014. Date: January 13, 2014. See how corporates are failing when it comes to innovation. Microsoft and Nokia.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

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. That explosion in interest is often ascribed to the emergence of Apple Pay in 2014 — five years ago this month. The list goes on.

Innovation 52

Innovation Payments Online and Mobile Banking Mobile Payments 52

Fintech Labs Insights

JANUARY 18, 2016

The year continues its blistering pace with 28 companies worldwide raising new funds this week, the biggest number since we began tracking in July 2014. App Annie garnered $63 million for its mobile analytics and development tools. App Annie garnered $63 million for its mobile analytics and development tools. Mobile analytics .

Online and Mobile Banking 18

Online and Mobile Banking Underwriting FinTech Payment APIs and Integration 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

CB Insights

AUGUST 14, 2018

It was the first example of a smart mobile phone. Onlookers were unsure what this device would compete with: Would it hurt mobile phone makers like Nokia or developers of handheld planners like Palm, who were also trying to enter into the phone space? That will be their role in mobile phones as well.”. We have ‘I’.

Bitcoin 78

Bitcoin Online and Mobile Banking Advisors Origination 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 Micro-Entry Advisors 77

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

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

AUGUST 1, 2017

We checked in again in January 2014 to get some early findings. Consumer: Forge is a social network for the online gaming community. We’re increasingly investing in hard, non-obvious, large markets that span satellites, climate, space and machine learning. Social Capital participated in a $4.5M

Participant 34

Participant Online and Mobile Banking Acquirers On-Demand 34

Nanonets

MAY 30, 2023

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021.  Bank transfers and digital wallets are more recent developments that have leveraged the rapid expansion in digital data and interconnectivity.

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Payment Reconciliation Online and Mobile Banking 52

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

CB Insights

SEPTEMBER 19, 2017

In 2014, 37% of all companies that achieved their first $1B+ valuation were based outside the US. We also charted the share of unicorns that have been added to the club each year since 2013 by location (US vs. non-US). Rounding out the top 3 are electronics company Xiaomi ($46B) and online lending platform Lu.com ($18.5B).

Non-Bank 78

Non-Bank Online and Mobile Banking Technology Innovation 78

PYMNTS

JULY 1, 2019

billion, revenue was up 45 percent, profits were up 71 percent and mobile was driving a stunning 87 percent of ad revenue, just to highlight a few of the notable and impressive headlines. When Tencent made the move to mobile and launched WeChat in 2011, it had to persuade QQ users to download and use the WeChat app.

Bots 62

Bots Online and Mobile Banking Regulations PayPal 62

PYMNTS

DECEMBER 23, 2019

Shortly before the decade hit the halfway mark in 2014, the most favored method of communication among American consumers formally switched. This year, 2019, the average American will spend three hours and 43 minutes per day on mobile devices, just ahead of the three hours and 35 minutes spent watching television.

Online and Mobile Banking 52

Online and Mobile Banking Cybersecurity Best Practices Economy 52

CB Insights

OCTOBER 31, 2019

Commercial Banking: How JP Morgan’s chatbot saves the company 360,000 hours a year. Customer journey: Using chat to get people from online to brick-and-mortar. At the most rudimentary end of the spectrum, there are the bots that banks use to prompt callers through a phone tree, telling them to say “yes,” “no,” “check my balance,” etc.

Bots 78

Bots Legal Online and Mobile Banking Research 78

PYMNTS

SEPTEMBER 19, 2016

Technology enthusiasts draw pictures on whiteboards showing bots as the new king of the stack, out-stacking the last great stack — apps, which sit on top of the next-to-last great stack — mobile operating systems, which sit on top of the next-to-next-to-last great stack — the web. It did — and WeChat was born. Add some sizzle.

Bots 79

Bots Credential Payments Online and Mobile Banking 79

Fintech Labs Insights

JULY 22, 2015

Apex Clearing will explain its cutting-edge financial services platform and how online brokerage firms and FinTech groups can grow their businesses by leveraging our technology. Backbase will talk about its Digital Banking Platform and its Open Banking Marketplace.

Payment APIs and Integration 29

Payment APIs and Integration Online and Mobile Banking API Non-Bank 29

PYMNTS

JULY 1, 2016

bank stocks have been hammered – so severely, in fact, that storied names like Barclays lost about a third of their value, literally, overnight, not to mention, perhaps their perch as attractive FinTech incubator. I’m a Prime customer and use Amazon on my desktop, mobile device and tablet but I’m not giving up my iPhone for a Fire phone.”

Debit Card 40

Debit Card Online and Mobile Banking Volume Processors 40

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

CB Insights

MAY 15, 2019

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. Founded: 2016.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 78

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

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

CB Insights

OCTOBER 6, 2017

As more people shop for products online, there is greater pressure on order fulfillment centers to ship items on time. As consumers shift online, skills transfer may not follow a similar pattern for employees. Specifically, companies focused on mobile-first solutions have seen an uptick in deals.

AI 69

AI Risk Automation On-Demand 69

CB Insights

SEPTEMBER 4, 2019

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. MILLENNIALS ARE SEEKING OUT MORE AFFORDABLE, BESPOKE TRAVEL ARRANGEMENTS.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Consumer 78

CB Insights

AUGUST 20, 2017

The company offers unsecured credit to underbanked Hispanic families that lack FICO scores, credit histories, and traditional banking relationships. Endless mobile. Endless Mobile is a computer and operating system tailor-made for the developing world where a reliable Internet connection can be hard to obtain.

Underserved 60

Underserved Online and Mobile Banking Cross-Border Non-Bank 60

CB Insights

OCTOBER 31, 2017

2014 Second Update (9/24/2014). 2014 First Update (6/3/2014). Original 50 Startup Failure Post-Mortems (1/20/2014). Title: My Mobile AR Start-Up Died So Yours Doesn’t Have To. Background: Pearl was founded in 2014 by three ex-Apple iPod engineers, and hired dozens of other ex-Apple employees.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78