CB Insights

DECEMBER 10, 2020

Below, we take a look at how tech companies are unbundling Bank of America’s front office, from consumer deposits and payments to equity research and business credit cards. . Consumer payments. Addepar is a platform that helps financial advisors leverage data and customizable reports to communicate portfolio performance.

Credit Cards 101

Credit Cards Advisors Venmo Small Business 101

Fintech Labs Insights

JULY 20, 2016

Scott Guilfoyle and Annick Fuchs will serve as advisors for the Minneapolis, Minnesota-based payments innovator. Guilfoyle, who was SVP and CTO of PayPal from 2008 to 2012, will join Sezzle as an advisor. Fuchs, former Head of Legal at PayPal, will be Sezzle’s new legal advisor. ” . ” .

Advisors 13

Advisors PayPal Debit Card Legal 13

PYMNTS

JUNE 12, 2018

Here are the omni features that matter most to health and beauty consumers, and how leading health and beauty retailers like Sephora and Walgreens are taking on omnichannel commerce. Twenty-eight percent of consumers valued coupons most when shopping at health and beauty retailers.

Consumer 43

Consumer Point-of-Sale (POS) Enrollments Addressing 43

PYMNTS

MARCH 3, 2020

After a two-year run on the job, Bindra decided to move back to San Francisco, although he will continue as an advisor for the company and support “strategic initiatives,” the company said Tuesday (March 3). He held that job from 2016 through 2019. Rau comes into the fold boasting more than two decades of experience in FinTech.

Push-to-Card 52

Push-to-Card BNPL Payments Advisors 52

FICO

SEPTEMBER 13, 2022

The multiple lockdowns from the end of March 2020 through 2021 drastically reduced consumers’ ability to spend. The average balance decreased in the first lockdown by £100 between March and June 2020 and FICO data has shown that consumers were able to pay off more of their outstanding balances overall. Work with our FICO Advisors team.

Credit Cards 52

Credit Cards Advisors Issuers Consulting 52

Fintech Labs Insights

AUGUST 16, 2024

Before becoming an indie online banking/fintech analyst in the mid-1990s, I tried to do the same in the consumer loan/mortgage industry. Small Businesses (SMB) in July 2024 The 13 Biggest Investment Advisor Tech, Wealthtech & Investech Conferences in 2024

NOV 15

NOV Advisors Small Business FinTech 15

PYMNTS

MARCH 13, 2019

Founded in 2012, Jumia also became the first African unicorn startup in 2016 after a $326 funding round that included Goldman Sachs, AXA and MTN. The company’s lead advisor on the listing is Morgan Stanley. million (nearly $106 million USD) in revenues in 2017, an 11 percent increase from 2016.

Advisors 51

Advisors Consumer Security Process 51

PYMNTS

JUNE 9, 2020

William Blair & Company and LionTree Advisors. Founded by tech veterans Daniel Schreiber and Shai Wininger in 2016, Lemonade is a property and casualty insurance carrier. The company began offering homeowners and renters insurance in New York in late 2016, and has expanded throughout the U.S. Morgan Stanley & Co.,

Underwriting 52

Underwriting Advisors Security Process 52

Fintech Labs Insights

APRIL 17, 2016

At FinovateEurope 2016, the company launched Advisor Now , a digital advice portal to help traditional advisors compete with robo-advisors. That one platform is what we call Advisor Now.” Used by 43,000 financial advisors to support over $800B in assets. Company facts: Founded in 1999.

Advisors 15

Advisors Funds Transfer Rules Consumer 15

Fintech Labs Insights

AUGUST 20, 2024

And it’s an ideal service to consume digitally. It’s been a popular startup category with 15 of the top 25 companies founded since 2016. Year founded: 2010 or earlier: 5 2011 to 2015: 5 2016 to 2019: 12 2020: 3 2021 or later: 0 Startup of the Month Bookkeeping built for innovators and growing businesses.

Small Business 15

Small Business Accounts Processors FinTech 15

PYMNTS

JANUARY 15, 2021

Lore joined Walmart after selling his startup Jet.com to the retail giant for $3 billion in 2016. 31 but will continue to serve as an advisor to Walmart through September to fulfill his 5-year contract, according to the K1 filing with the SEC. In an interview with Recode on Friday (Jan. He officially leaves his post on Jan.

On-Demand 55

On-Demand Advisors Continuity Research 55

PYMNTS

AUGUST 12, 2019

Consumers are willing to negotiate the price of car down to the last cent, but the vast majority will not negotiate the charges, interest or fees packaged into their auto loan at all — provided that they get the monthly payment down to where they need it to be. So he built one. An Information-Rich Marketplace .

Advisors 70

Advisors Consumer AI Product 70

Fintech Labs Insights

MAY 17, 2016

“The combination of Midwinter’s advice software (AdviceOS) with SuiteBox sets a new benchmark for efficiency, compliance, and client engagement for advisors in Australia,” SuiteBox CEO Ian Dunbar said. Founded in 2013 and based in Auckland, New Zealand, SuiteBox demonstrated its technology at FinovateEurope 2016.

Advisors 14

Advisors Compliance Checks Regulations 14

PYMNTS

SEPTEMBER 6, 2019

billion, according to a release by FT Partners, who served as a strategic advisor on the deal. Started in 2016 by CEO Mike Rowell and Mike Paulus, Assurance is a direct-to-consumer (DTC) company that sells personalized health and financial wellness solutions. The terms of the acquisition include upfront compensation of $2.35

Acquirers 49

Acquirers Advisors Addressing Consumer 49

PYMNTS

JANUARY 5, 2017

The latest data from Accenture shows that consumer purchases of smartphones are making a comeback this year. After experiencing a three-year low in 2016, smartphone sales in 2017 are looking up. 2017 will be the year when artificial intelligence goes mainstream in consumer devices,” Sovie added.

Privacy 40

Privacy On-Demand Compromise Advisors 40

PYMNTS

DECEMBER 20, 2018

From using instant messaging to getting directions and shopping online, consumers are constantly generating a trail of data about their preferences and whereabouts. However, while all that happens in the background, consumers are growing increasingly wary of how their data is collected and stored. Smart cities ” based outside the U.S.

Data Breach 74

Data Breach Privacy Breach Regulations 74

FICO

JUNE 24, 2018

Since its deployment of FICO ® Blaze Advisor ® decision rules management system and custom analytic models in August 2016, CGC has reduced non-performing loans to just 3 percent of the loan book and has had only one default. For its achievements, CGC has won the 2017 FICO Decisions Award for Decision Management Innovation.

Small Business 40

Small Business Automation Risk Assessment Advisors 40

FICO

FEBRUARY 23, 2016

China Minsheng Bank wanted to take advantage of this consumer trend in China towards e-services and grow its market share of 20 million credit cards by automating its approval process. China Minsheng Bank saw a rapid return-on-investment, with the FICO Blaze Advisor project up and running within six months. “We April 26-29.

Online and Mobile Banking 58

Online and Mobile Banking Credit Cards Advisors Automation 58

PYMNTS

JULY 25, 2018

financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer finance lender, to Banco CTT, the bank run by Portugal’s privatized national postal service. small business lender, to White Oak Global Advisors, noted Financial Times. Cabot Square Capital, a U.K. It recently sold LDF , a U.K.

FDIC 43

FDIC Underwriting Advisors Adjustments 43

PYMNTS

APRIL 12, 2017

The businesses with a global view, though, are even more likely to see success, researchers found, with 52 percent of exporting SMEs planning to grow — up from 41 percent in Q4 2016. Managing global supplier payments is a time-consuming, risk-prone and arduous task,” warned PayStream Advisors Research Associate Anna Barnett in a statement.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Advisors Small Business 40

PYMNTS

FEBRUARY 8, 2017

But thanks to strides made in financial technology, consumers now have the ability to automate practically any bill payment, as well as a plethora of financial planning tools. Their 2016 annual report encapsulates work focusing on several behavioral intervention programs. Setting and sticking to a budget is a difficult task.

Research 40

Research Credit Union Advisors Consumer 40

PYMNTS

JULY 6, 2017

To help draw consumers back into shopping malls, many owners are undertaking $500,000 food court upgrades, and building out mini-golf courses, rock-climbing gyms and other experience-focused facilities. percent in 2016. eCommerce’s impact on the way people shop will likely continue to impact large-scale retail establishments.

Void 43

Void Advisors Returns Continuity 43

Fintech Labs Insights

JULY 2, 2024

Before becoming an indie online banking/fintech analyst in the mid-1990s, I tried to do the same in the consumer loan/mortgage industry. My favorite real job had been as a loan/mortgage product manager at Rainier Bank (now BofA). I ended up pivoting to the fledgling online banking world, and I’m super glad I did.

NOV 15

NOV AI Advisors FinTech 15

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. The build-back from the revelations of 2016 was a bit more of a lengthy process.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

OCTOBER 20, 2016

To attend this live digital discussion on Wednesday, November 2, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. is predicated on risk-based authentication, leveraging data points for accurate verification, while optimizing the consumer experience. 3D Secure 2.0 ’s DIGITAL DISCUSSION HOST.

Card Issuer 76

Card Issuer Issuers Security Online and Mobile Banking 76

PYMNTS

NOVEMBER 29, 2016

To attend this live digital discussion on Thursday, December 8, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. To cope, consumers are using alternative sources to meet their financial needs – instead of turning to their banks. Digital Discussion Presenters: David Pommerehn.

Non-Bank 57

Non-Bank Small Business Regulations Innovation 57

Fintech Labs Insights

OCTOBER 6, 2016

A look at the companies demoing live at FinovateAsia on November 8, 2016 in Hong Kong. Bambu is a B2B robo-advisor based in Singapore that offers digital wealth services to all companies, financial and consumer brands, looking to offer savings and investment to their customers. Pick up your tickets to day and save your spot.

Advisors 20

Advisors Risk Management Consulting B2B 20

Finovate

APRIL 5, 2024

Lidya – Founded in 2016 in Lagos, Nigeria. Offers an evidence-based, hybrid robo advisor that helps individuals build and manage their own investment strategy. Offers a data sharing ecosystem to securely share personal financial data between consumers and credit providers. OUTvest – Founded in 2017. Won Best of Show.

Finance 64

Finance Payments Digital Currency FinTech 64

PYMNTS

APRIL 15, 2016

“In fact, we predict that vCommerce will grow to over $425 million in sales in 2016. It is no longer a point of contention — all major brands and any company with an established eCommerce storefront will absolutely need a virtual reality presence by the end of 2016,” Wokwicz said in the statement.

Ubiquitous 40

Ubiquitous Advisors On-Demand Product 40

PYMNTS

DECEMBER 17, 2018

Yet, analysts found only a slight change in alternative finance use between 2016 and 2017, and nearly half of SMBs have still never turned to AltFin for financing. “It can be a hugely time-consuming exercise researching all the traditional and alternative financing solutions on the market.”

Small Business 78

Small Business Finance Non-Bank Assessments 78

PYMNTS

SEPTEMBER 27, 2016

To attend this live digital discussion on Wednesday, October 19, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. Industry threats include: – Anti-consumer and other dishonest activity masquerading as legitimate business. Digital Discussion Host: . Karen Webster.

Acquirers 60

Acquirers Laws Payments Industry Trends 60

PYMNTS

APRIL 13, 2017

The Seattle metropolitan area had a population of 3,798,902 in 2016, which makes it the 15th largest metropolitan area in the United States. The city has a strong entrepreneurial community and great schools along with a large network of financiers and advisors. Median household income (2015): $70,594.

Innovation 43

Innovation Advisors Technology On-Demand 43

PYMNTS

JANUARY 25, 2018

“Although it’s harnessing the latest innovations in tech, it offers a very simple way to access finance, as well as access to human financial advisors,” explained FSB London Chair Michael Lassman in a statement earlier this month. ” Such transformation won’t happen overnight, however, and the U.K.,

Small Business 49

Small Business Finance Governance Government 49

PYMNTS

MAY 27, 2016

The decline in revenue partly came from its shrinking footprint of Sears and Kmart stores — an initiative under which the company plans to shutter another 78 stores in 2016 and accelerating the closure of 50 stores that it had originally planned. Its same-store sales fell 6.1 percent, falling 7.1

Advisors 40

Advisors Origination Business Continuity Continuity 40

Fintech Labs Insights

OCTOBER 31, 2016

At FinovateFall 2016 in New York, ProActive Budget debuted a digital twist to cash envelope budgeting. As the company’s advisor Ross Jardine said in ProActive Budget’s FinovateFall 2016 demo , “Personal finance apps don’t work. My favorite implementation is through an advisor or coach.

Advisors 22

Advisors Credit Union B2C Payroll 22

PYMNTS

JUNE 21, 2016

MasterCard announced today (June 21) the kickoff of the 2016 summer session of its Start Path Global program — a class offering support to the next generation of commerce and FinTech startups from around the world. Narrowing down from 500 to the seven startups selected for the summer 2016 class was no easy feat for MasterCard.

Visa 41

Visa Innovation Fraud Prevention P2P 41

Fintech News

JUNE 3, 2024

Its experienced, tech-focused investment team specializes in consumer businesses, business-to-business (B2B), digital media, fintech, and small and medium-sized enterprise (SME) industries. Since 2016, MDI Ventures has been trusted in managing multiple funds and has invested in over 80+ companies across 12 countries.

FinTech 116

FinTech Boot Camp Participant Online and Mobile Banking 116