Fintech Labs Insights

MAY 12, 2015

This post is part of our live coverage of FinovateSpring 2015. By providing basic banking functionality – bank account, debit card, bill payment and direct deposit – for free, along with an innovative peer-to-peer payment platform, MoneyAmigo provides financial control for those who are un/underbanked. Product Launch: May 2015.

Non-Bank 20

Non-Bank Product Direct Deposit B2C 20

PYMNTS

AUGUST 10, 2020

billion non-cash payments with a total value of $97.04 trillion rise from 2015. percent of all non-cash payments made, with debit cards being roughly twice as popular as credit cards. One main factor driving banks to develop faster and more convenient payments infrastructure is that greater numbers of consumers are demanding it.

Direct Deposit 89

Direct Deposit Venmo Non-Bank Payments 89

PYMNTS

OCTOBER 26, 2018

It was a good week for wearables and their future, as the devices continued to show indications of strong promise on the B2C and B2B fronts. On the B2C front, it looks like customer enthusiasm for wearable devices is both growing and expanding. For the sizzle of the week, wearables wins with solid B2C and B2B scores.

Office of the Comptroller of the Currency 53

Office of the Comptroller of the Currency B2C Online and Mobile Banking P2P 53

PYMNTS

MARCH 18, 2019

Then came PayPal’s debut of Instant Transfer to Bank. This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

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

OCTOBER 21, 2019

In 2015, Softcard was bought out by Google, which promptly shut it down and hollowed it out for parts to use in its own mobile wallet Google Pay. By 2015, the Starbucks mobile wallet had expanded to a mobile order-ahead program that, within five months of its launch, represented a full 20 percent of the brands’ transaction volume.

Innovation 52

Innovation Payments Online and Mobile Banking Mobile Payments 52

CB Insights

OCTOBER 6, 2017

For example, Google open sourced its TensorFlow machine learning library in 2015, and hundreds of users have contributed back to it and sought to improve it. Early-stage food-preparation startups using robotics and AI are proliferating, and operating in both B2B and B2C models. in funding.

AI 69

AI Risk Automation On-Demand 69