PYMNTS

SEPTEMBER 27, 2016

One where a trip to the grocery store or the bank is a thing of the past (if it isn’t already). consumers preferred shopping for groceries online and having them delivered to their homes. online grocery sales amounted to about $7 billion in 2015 and are expected to rise to $18 billion by 2020. In 2016, 5 percent of U.S.

Mobile Payments 72

Mobile Payments Online and Mobile Banking On-Demand Payments 72

PYMNTS

APRIL 11, 2017

That means enabling people to pay in-store or online via the payment method that is most convenient for them at any given moment. According to the PYMNTS.com Global Cash Index™ , a Cardtronics collaboration, Americans spent a total of $2,359 billion in cash in 2015, and cash usage in the U.S. In 2015, cash usage in the U.S.

ATM 41

ATM Non-Bank Online and Mobile Banking Scams 41

Fintech Labs Insights

NOVEMBER 18, 2014

In late summer, I published a two-part post detailing the most important retail banking projects for next year ( here and here ). So in semi-prioritized order, here are six myths that continue to hamper the strategic planning of retail banks (at least in the United States). Those things can easily be done on mobile.

Online and Mobile Banking 30

Online and Mobile Banking Non-Bank P2P Consumer 30

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

PYMNTS

MARCH 24, 2016

The world of mobile payments news this week started out in the one region of the world that doesn’t often make much news when it comes to what U.S. companies are doing in mobile commerce: Cuba. Which brought about news from some of the biggest players in mobile payments, like Xoom, PayPal and Western Union.

Online and Mobile Banking 44

Online and Mobile Banking PayPal Mobile Payments Push-to-Card 44

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

FICO

FEBRUARY 10, 2017

For all the differences between traditional banks and new online lenders, there is one business challenge that unites both groups: acquiring new customers. While online lenders experiment with offline marketing tactics, banks are aggressively ramping up their online marketing efforts, with total digital ad spend by U.S.

Online and Mobile Banking 45

Online and Mobile Banking Non-Bank Card Issuer Identity Theft 45

CB Insights

FEBRUARY 1, 2019

Today, Indonesia features one of the most compelling macro backdrops for investment globally with a young, optimistic, and upwardly mobile population of 264M. Speaking of mobile, smartphone penetration in Indonesia continues to grow with close to half of Indonesia’s population expected to own a smartphone by next year.

Online and Mobile Banking 61

Online and Mobile Banking Small Business Non-Bank Economy 61

FICO

FEBRUARY 9, 2017

For all the differences between traditional banks and new online lenders, there is one business challenge that unites both groups: acquiring new customers. While online lenders experiment with offline marketing tactics, banks are aggressively ramping up their online marketing efforts, with total digital ad spend by U.S.

Online and Mobile Banking 40

Online and Mobile Banking Non-Bank Card Issuer Identity Theft 40

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. “And this is exactly what we do.”

Innovation 15

Innovation Online and Mobile Banking Non-Bank Mobile Banking 15

PYMNTS

MAY 11, 2017

Several major banks, including Citi and Standard Chartered, recently launched their own APIs to help their various clients access each banks’ financial toolsets to address their individual needs. With such a staggering amount of money up for grabs, it’s little wonder that SMBs are seeking solutions to tap the online market’s potential.

API 57

API Payment APIs and Integration Online and Mobile Banking Small Business 57

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. billion in cash in 2015, while spending just €45.53 In fact, some might even say that euros are royalty in the Eastern European nation. “In

Online and Mobile Banking 60

Online and Mobile Banking Debit Card ATM Research 60

PYMNTS

OCTOBER 26, 2018

Wearables also got a B2B showcase this week, with Samsung and HSBC rolling out S3 gear at the bank’s flagship Fifth Avenue location. Voice assistants are popular with wearables owners, with over 20 percent reporting having one as opposed to non-wearables, where smart speaker penetration is still under 10 percent.

Office of the Comptroller of the Currency 53

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

Fintech Labs Insights

APRIL 30, 2015

Digital banking platform for financial institutions. Online auto insurance comparison site. Online & mobile payment solutions in Southeast Asia. Online real estate investment platform. Prepaid mobile wallet for fundraising. Source: Crunchbase. MX (formerly MoneyDesktop). HQ: Provo, Utah. Loop Commerce.

Online and Mobile Banking 30

Online and Mobile Banking FinTech P2P Payroll 30

PYMNTS

JULY 7, 2017

But for now … 14 billion visits to online retailers in the past year, from May 2016 to May 2017, and 14 million visits via social media mentions is nothing to sneeze at, speaking to wide recognition of the lure of the devices. That comes in tandem with ACH payments growing to just under 30 transactions online, up from 13 in 2000.

Correspondent Bank 40

Correspondent Bank Bitcoin Online and Mobile Banking Non-Bank 40

Fintech Labs Insights

JANUARY 18, 2016

App Annie garnered $63 million for its mobile analytics and development tools. million to its digital banking platform. Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. Startup digital bank. Mobile analytics . FinanceFox.

Online and Mobile Banking 18

Online and Mobile Banking Underwriting FinTech Payment APIs and Integration 18

PYMNTS

MAY 22, 2017

9, 2016, a surprise announcement by India’s Prime Minister Narendra Modi demonetized 500 and 1,000-rupee bank notes, essentially removing from circulation 86 percent of the country’s currency (in a heavily cash-reliant society). percent noted in March 2015, cash usage shows no signs of slowing down. On the night of Nov. billion, a 0.6

Online and Mobile Banking 41

Online and Mobile Banking Digital Payments Settlement Non-Bank 41

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. The name of that mobile wallet would have been CurrentC — would have been, but never came to be.

Innovation 52

Innovation Payments Online and Mobile Banking Mobile Payments 52

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 125

FinTech Online and Mobile Banking Multi-Currency Non-Bank 125

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. In 2015, the acquisition was written down for $7.6B. By 2015, however, Tumblr was still failing to turn a profit. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

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

Fintech Labs Insights

MAY 15, 2015

Two FinovateSpring 2015 presenters landed big rounds: Credit Sesame raised $16 million to expand its debt management and credit tracking platform. Online accounting & invoicing. Online lending ( Paidy ). Mobile payments & rewards. Latest round: Unknown “non-dilutive” commitment to Square Capital.

FinTech 28

FinTech Underwriting Online and Mobile Banking P2P 28

PYMNTS

JUNE 25, 2018

Another had an offer with a promo code to get $10 off my first online order, which would be delivered free to my front door in two hours or less once I linked my Prime account to Whole Foods. The Amazon Prime program at Whole Foods also works by linking a mobile number presented at checkout. As one of the 90 million U.S.

Online and Mobile Banking 62

Online and Mobile Banking Consumer Non-Bank Product 62

PYMNTS

DECEMBER 2, 2016

The analysis from Amicus Commercial Finance shows that cash flow problems (stemming at least in part from non-payment of those invoices) leads to all sorts of problems, including paying staff. Wells Fargo: The beleaguered bank does not have many champions, and perhaps least among its fans is Massachusetts Sen. Elizabeth Warren.

Online and Mobile Banking 40

Online and Mobile Banking Treasury Consumer Mobile Payments 40

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

APRIL 4, 2016

billion raised in Q1 2015. Consumer online investment platform. Banking services for the under- and non-banked. Tags: SMB, consumer, insurance, mobile, underwriting. The total number of deals in first quarter was 334, double last year’s 171. Total dollars raised in Q1, $6.8 billion, is also double the $3.3

Underwriting 18

Underwriting FinTech Online and Mobile Banking P2P 18

Fintech Labs Insights

MARCH 14, 2017

The company’s platform leverages live video and identity document verification, as well as authentication by bank account and the GOV.UK Verify system, to enable digital signing, speed customer on-boarding, and remove friction from the online experience for financial services consumers. ” Company Facts.

On-Demand 15

On-Demand Verification Online and Mobile Banking Non-Bank 15

FICO

FEBRUARY 15, 2021

With the rise of Open Banking, this trend is now hitting financial services. Are you ready to become a banking ecosystem? Then there was the mobile market. Up until 2007, seven companies shared 99% of global mobile phone profits : Nokia, Samsung, Sony Ericsson, Motorola, LG, RIM and HTC. Are You Ready?

Online and Mobile Banking 52

Online and Mobile Banking Non-Bank Authorization Fraud Prevention 52

Fintech Labs Insights

DECEMBER 28, 2015

In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million).

FinTech 19

FinTech Underwriting P2P Payroll 19

FICO

MAY 1, 2020

Nevertheless, as I recently showed my parents how to use Zelle — a method I do use, through my bank’s mobile app — I wondered, “How can my parents, and all consumers, protect themselves from fraudulent P2P activity on their checking accounts? And how will banks increase their fraud protections?”. Online, mobile or mail.

P2P 69

P2P Venmo Online and Mobile Banking PayPal 69

CB Insights

DECEMBER 7, 2017

Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years. Non-bank lenders are becoming much bigger players in mortgages. In 2011, three banks accounted for half of new mortgage loans, according to the Washington Post.

Non-Bank 69

Non-Bank Online and Mobile Banking Origination Underwriting 69

PYMNTS

JULY 10, 2019

When Amazon first launched Prime Day in July 2015 to celebrate its 20-year eCommerce anniversary, the world was not at first sure what to make of the impromptu sales holiday. This year, Prime Day will serve as one measure of how much mobile commerce has grown, according to an analysis released Wednesday (July 10) by Salesforce. “In

Online and Mobile Banking 49

Online and Mobile Banking Ubiquitous Non-Bank On-Demand 49

CB Insights

SEPTEMBER 19, 2017

In 2015 that number rose to 53%, and last year rose again to 58%. We also charted the share of unicorns that have been added to the club each year since 2013 by location (US vs. non-US). See the map and full list of all non-US unicorns, their select investors, and the date each reached unicorn status below. 12/22/2015.

Non-Bank 78

Non-Bank Online and Mobile Banking Technology Innovation 78

PYMNTS

AUGUST 27, 2018

Banks $88 Billion Bad Debt Concern . The delinquent credit rate is ticking up, and banks are reacting by dialing back new account approvals. Credit card debt made it over the $1 trillion mark in 2017, making it the third non-mortgage lending category to have surpassed the ten-digit mark in measuring consumer debt. In fact, at 3.4

Data Breach 41

Data Breach Breach Credit Cards Online and Mobile Banking 41

Fintech Labs Insights

JUNE 22, 2015

online banking are rarer than the (not-so) mythical fintech unicorn. And mobile banking fees are pretty much non-existent outside a few remote deposit fees (see previous post). The service is mobile only, and the company currently has no plans to add it to the desktop version. Fees in U.S.

Identity Theft 26

Identity Theft Online and Mobile Banking Non-Bank Debit Card 26

CB Insights

OCTOBER 12, 2017

With historically weak banks and many citizens without proper identification, India has always lagged in access to financial services. UPI is a payment system that allows two individuals with bank accounts to instantly transfer money to each other with a single identifier. The race for mobile-friendly fintech.

FinTech 44

FinTech Online and Mobile Banking Non-Bank Identity Theft 44