PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We FDIC), the states and the courts.

Office of the Comptroller of the Currency 139

Office of the Comptroller of the Currency OCC Non-Bank Regulations 139

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% It offers a range of services including a white-label payment gateway for banks and institutions, and an all-inclusive payment gateway solution for merchants. #4

FinTech 78

FinTech APACS Payment APIs and Integration Multi-Currency 78

Fintech News

APRIL 3, 2024

Data from the World Bank’s Global Findex Database reveal that, in 2021, men were 6% points more likely than women to use digital payments, a gender gap that had remained consistent across developing economies since 2014 in part because of the broader gender gap in access to digital services.

Financial Inclusion 105

Financial Inclusion FinTech Financial Literacy Non-Bank 105

CB Insights

AUGUST 1, 2017

Industries like education and healthcare are considered difficult and underserved due to the long-term return on investment, capital-intensive start-up costs, regulatory uncertainty, and perceived early-stage risk. We checked in again in January 2014 to get some early findings. ” – Chamath Palihapitiya.

Participant 34

Participant Online and Mobile Banking Acquirers On-Demand 34

CB Insights

AUGUST 20, 2017

However, there are many startups in the CB Insights database who are targeting underserved populations, providing healthcare, financial, or energy services tailored to these consumers’ specific needs. Even is building a bank designed to help people living below the poverty line. Total Disclosed Funding: $365.5M. WiseBanyan.

Underserved 60

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

CB Insights

OCTOBER 31, 2019

Commercial Banking: How JP Morgan’s chatbot saves the company 360,000 hours a year. 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. The rise and fall of chatbot hype: How the bubble burst.

Bots 78

Bots Legal Online and Mobile Banking Research 78