The Fintech Times

FEBRUARY 29, 2024

In fact, those living in the United States and similar have had digital wallets for many years now with most stores having NFC readers and phones having functions like Apple Pay and Google Pay since 2014. “First, the existing banking infrastructure in these regions is often poor and outdated. .”

Online and Mobile Banking 69

Online and Mobile Banking Payment APIs and Integration Bitcoin Blockchain 69

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. Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

AUGUST 9, 2017

According to research from RBR , at the end of 2016, more than six billion UnionPay-branded cards existed worldwide. It has become the default way of life now,” said Shiv Putcha, an analyst with the research firm IDC. By then, the fight was between Ant Financial and Tencent to capture the mobile QR code payments flag.

Online and Mobile Banking 46

Online and Mobile Banking Payments Push-to-Card Mobile Payments 46

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

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

Blockchain 68

Blockchain Online and Mobile Banking End User Non-Bank 68

PYMNTS

JANUARY 1, 2019

Lest one think that predicting the future wrong was simply a problem that plagued the past, PYMNTS’ extensive research into the subject would indicate otherwise. In fairness, it was 1995 — Amazon was a year old and a bookseller online. We have drones now, but they seem disappointing next to the notion of rocket-powered mail.

Online and Mobile Banking 60

Online and Mobile Banking Bitcoin Mobile Payments Point-of-Sale (POS) 60

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. PYMNTS.com research shows that Polish consumers are being lured away from cash by new digital forms of payment. Cash’s volatile reign.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card ATM Research 60

Stax

NOVEMBER 13, 2023

Google was the first, in 2011, to enable contactless payments via their mobile app. Apple Pay caught up in 2014; in 2015, the wearables market made everyone aware of the tap’s potential. In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. There are a few options.

Contactless Payments 88

Contactless Payments Push-to-Card Encryption Online and Mobile Banking 88

PYMNTS

OCTOBER 13, 2016

While making a purchase online may feel like a granted convenience to most modern-day consumers, finding the right method of payment isn’t always as simple as it may seem, especially outside of the U.S. In fact, in certain parts of the world, the online ordering process isn’t always quite so predictable or smooth.

Online and Mobile Banking 53

Online and Mobile Banking Debit Card Credit Cards Visa 53

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

MAY 29, 2020

billion,” Asad Hussain , a mobility tech analyst at PitchBook, wrote in a research note. Founded in 2014, Zoox has been working to develop electric-powered robot taxis in a difficult multipronged effort, simultaneously creating driverless technology, a ride-hailing network and a bespoke autonomous vehicle at scale.

Online and Mobile Banking 52

Online and Mobile Banking Push-to-Card Direct Deposit Debit Card 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

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

CB Insights

NOVEMBER 6, 2018

Company Description: Founded in 2012, this Berlin-based company runs an online used car exchange via a family of sites such as Auto1.com, Earlier this year, it launched a fintech subsidiary, Auto1 Fintech, with Deutsche Bank and Allianz. Company Description: Based in Sweden, Klarna provides online payment solutions.

Online and Mobile Banking 76

Online and Mobile Banking FinTech Payment Solutions Debit Card 76

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. Researchers at Duke University, for example, developed an Autism & Beyond app that uses the iPhone’s front camera and facial recognition algorithms to screen children for autism.

Law Enforcement 78

Law Enforcement Online and Mobile Banking Use Case Laws 78

CB Insights

MARCH 28, 2018

Before harvesting Facebook data from millions of users in 2014, Cambridge Analytica received help from at least one Palantir Technologies employee — whom Palantir said was not working on its behalf. From replacing short-distance commute methods to expanding the mobility market, w e discuss the dockless model’s impacts here.

Online and Mobile Banking 32

Online and Mobile Banking Research Checks Technology 32

PYMNTS

NOVEMBER 8, 2017

In the three years since FIS began this annual report, the number of real-time payments programs more than doubled, researchers noted. Interest in real-time payments platforms is growing at an ever-faster pace,” reflected FIS’ chief operating officer for banking and payments, Anthony Jabbour, in a statement.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said.

Push-to-Card 67

Push-to-Card Online and Mobile Banking Consumer Governance 67

Payment Savvy

DECEMBER 2, 2022

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? How Do NFC Mobile Payments Work? How to Accept NFC Mobile Payments? Leading NFC Mobile Applications.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

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. The company did keep many of Motorola’s patents and its research facility, however.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

Wharton Fintech

FEBRUARY 26, 2024

Next big acceleration was mobile, because suddenly you could be online all the time, and being online was always with you. We saw a progressive shift from people interacting physically to first, e-commerce: things coming online, people buying that way. Afterwards, you could fully move to things like e-commerce.

Visa 52

Visa Technology Payments Encryption 52

PYMNTS

AUGUST 10, 2016

In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. Not only has Visa distributed its payment rings to select athletes it sponsors, but the company, along with Brazilian bank Bradesco, is also using the Olympics as a testing ground for an NFC-enabled bracelet.

Innovation 40

Innovation Online and Mobile Banking Credit Cards Phishing 40

Fintech Labs Insights

AUGUST 12, 2014

Table: YC Fintech Companies by Year Class Total Companies # Fintech Companies % Fintech 2014 (half year) 56 5 9% 2013 83 9 9% 2012 117 8 7% 2011 89 7 8% 2010 61 6 10% 2009 39 1 3% 2008 43 1 2% 2007 32 2 6% 2006 17 0 0% 2005 8 1 13% Total 545 40 7.4% Standard Treasury [link] APIs for commercial banks. Then set and forget them.

FinTech 26

FinTech Online and Mobile Banking Multi-Currency Bitcoin 26

PYMNTS

NOVEMBER 6, 2017

FTC data spanning from 2014 to 2016 shows that in recent data, as many as 30 percent of complaints stemmed from unauthorized account openings that used a person’s identity, with another 26 percent of complaints centered on account takeovers. Madhu agreed, emphasizing Apple Pay’s higher-than-average fraud rates on credit cards.

Security 43

Security Consumer Office of the Comptroller of the Currency Identity Theft 43

FICO

SEPTEMBER 22, 2016

Millennials love their smartphones—so much so that in recent research , millennials ranked them as more important than a toothbrush or even deodorant. Of course, many of our clients want to know more about millennial banking habits. As millennials flock to peer-to-peer mobile payments, Venmo has seen explosive growth.

Mobile Payments 64

Mobile Payments Venmo Online and Mobile Banking Payments 64

Fintech Labs Insights

SEPTEMBER 27, 2016

Property and casualty (P&C) insurers generated $64 billion in net income in 2014. Approximately 68% embracing mobile technology. Founded in 2001, Financial Technology Partners is the only investment banking firm dedicated exclusively to financial technology and a long-time sponsor of Finovate events. trillion. .”

Online and Mobile Banking 19

Online and Mobile Banking Risk Assessment Acquirers Advisors 19

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

CB Insights

AUGUST 1, 2017

This team (called Discover) is led by Jay Zaveri, and conducts research, ideation and incubations, with a focus on hard problems that we don’t see being addressed in our venture pipeline. We checked in again in January 2014 to get some early findings. Consumer: Forge is a social network for the online gaming community.

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

PYMNTS

APRIL 28, 2017

Buying items online has become a regular everyday occurrence. While Pew Research shows 79 percent of Americans shop online, it also found that 82 percent place a high value on factoring reviews into their purchasing decisions. RS: WeGoLook is a mobile technology company that’s changing the way the world works.

Authentication 57

Authentication Online and Mobile Banking On-Demand Duplicate 57

PYMNTS

MAY 6, 2019

Indeed, as recent PYMNTS research has shown , many countries around the world are rolling out instant payment schemes that bring speed and convenience to payments made within their own borders. Nanu started putting together a global remittance firm for consumers and businesses in 2014. Consumers in Asia tend to have bank accounts.

Real Time Payments 80

Real Time Payments Credit Cards Cross-Border Payments Cross-Border 80

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. Law: Automating small claims & powering research. Research: How robot lawyer ROSS reduces research time by 30%. Source: CB Insights.

Bots 78

Bots Legal Online and Mobile Banking Research 78

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. With lower costs and a bigger market to sell to, a new crop of online pet supplies retailers eventually emerged. The rise and fall of Pets.com.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Technology 78

CB Insights

MAY 23, 2019

Pixelon: Online video vaporware. Holmes’ claims about Theranos’ blood-testing technology weren’t just exaggerations or selective interpretations of clinical research data; they were quite literally impossible. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US.

Online and Mobile Banking 78

Online and Mobile Banking Wire Wires Push-to-Card 78

PYMNTS

JULY 25, 2018

The mobile phone, television and personal computer took 13, 14 and 15 years, respectively, to hit the 25 percent mark. Though they had the second-highest count of “heavy users” (59 percent), according to a Pew Research Center report, they had fewer moderate users than the oldest consumer group — ages 50 and older.

AI 40

AI Online and Mobile Banking Consumer Technology 40

CB Insights

JUNE 6, 2019

We were promised a future of jetpacks and flying cars — and it’s 2014. By February 2014, Quirky had just $50M left in the bank and was burning through almost $6M per month. Sales dipped to $85M in 2014, falling even further $77M in 2015. Quirky: Enthusiasm is no substitute for quality control. Founded: 2009.

Breach 78

Breach On-Demand Product Acquirers 78