Fintech Labs Insights

AUGUST 31, 2016

The ongoing migration to mobile provides financial institutions a chance to reboot their approach to delivering information digitally. Digital banking v1.0 desktop online banking) was primarily about porting paper-based statements into an online format. Digital banking v2.0 It’s a good long-term move.

Mobile Banking 22

Mobile Banking Online and Mobile Banking Credit Union Non-Bank 22

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Online and Mobile Banking 53

Online and Mobile Banking Non-Bank FinTech Addressing 53

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). In 2016, 5 percent of U.S. 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.

Mobile Payments 72

Mobile Payments Online and Mobile Banking On-Demand Payments 72

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 84

FinTech Online and Mobile Banking Blockchain Product 84

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

JANUARY 4, 2018

Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor. The most-used mobile wallet in the U.S. The most-used mobile wallet in the U.S. Mobile adoption in the U.S. In 2016, the value of smartphone payments in China hit $5.5

Push-to-Card 43

Push-to-Card Online and Mobile Banking Mobile Payments Wire Transfer 43

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Banks 52

Community Banks FinTech Small Business FDIC 52

PYMNTS

JANUARY 9, 2020

The country’s P2P industry, although just a small portion of overall lending, is nevertheless a compelling credit source for businesses and consumers that can’t obtain loans through China’s traditional banking system. Stronger regulatory rules compelled P2P services to plunge to 343 last year compared to 2,680 in 2016.

P2P 52

P2P Shutdown Non-Bank Regulations 52

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

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

PYMNTS

JULY 2, 2020

If you’re an online merchant, you may be all too familiar with this drill. A shopper finds you online, finds a product to buy, fills their cart and hits the checkout button. If it’s a debit card, bank account or prepaid card, maybe there aren’t enough funds available for the purchase. Transaction declined.

PayPal 91

PayPal Issuers Online and Mobile Banking Authorization 91

PYMNTS

NOVEMBER 30, 2019

billion in 2016 from $9.3 The newest version of Monopoly is called “Monopoly Voice Banking.” For starters, expect even more board games to have an online or mobile component, allowing people to play by themselves or with other, distant players. Even science has weighed in favor of non-digital board games.

Non-Bank 84

Non-Bank Online and Mobile Banking Research Consumer 84

PYMNTS

SEPTEMBER 4, 2017

Visa found that three-quarters of shoppers age 18 to 35 have made a contactless payment, 11 percent more than in 2016. Researchers also concluded that contactless payment users are also twice as likely to have made a high-value purchase on their mobile device. Unsurprisingly, millennial consumers are driving this trend.

Contactless Payments 54

Contactless Payments Online and Mobile Banking Payments Payer 54

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

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

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. ” The Future.

Innovation 15

Innovation Online and Mobile Banking Non-Bank Mobile Banking 15

PYMNTS

JANUARY 20, 2020

To that end, at a House Judiciary Committee “field” hearing in Colorado, titled “Online Platforms and Market Power: Competitors in the Digital Economy” a number of smaller tech firms called out Big Tech giants such as Amazon and Google for what they said were unfair business practices. Too big, too dominant — and anticompetitive, to boot.

Online and Mobile Banking 52

Online and Mobile Banking Cross-Border Payments Non-Bank Cross-Border 52

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 increase over the same period in 2016. 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

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. based consumers will use a voice-activated assistant in 2017, which is up 129 percent from 2016.

Correspondent Bank 40

Correspondent Bank Bitcoin Online and Mobile Banking Non-Bank 40

PYMNTS

APRIL 29, 2019

And a Prime customer who spends $1,400 each year, more than twice that of non-Prime shoppers. The need for creating certainty is why QSRs are hopping on the mobile order-ahead bandwagon. Plastic cards and the card rails are reliable and certain, at the physical store as well as online. Certainty as a Competitive Advantage.

Online and Mobile Banking 64

Online and Mobile Banking Consumer PayPal Non-Bank 64

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. bank NatWest is augmenting its small business (SMB) lending offering through a new partnership with small business prepaid card provider Soldo.

Commercial Card 52

Commercial Card Payroll B2B Small Business 52

PYMNTS

MARCH 9, 2017

Yesterday (March 8), Samsung Pay went live and online in India, a push done in collaboration with five Indian banks: Axis, HDFC, ICICI, SBI, and Standard Chartered, and credit and debit cards from MasterCard and Visa. Most interestingly, however, is the non-traditional player that is supported by Samsung’s mobile payment entry — Paytm.

Online and Mobile Banking 43

Online and Mobile Banking Push-to-Card Mobile Payments Visa 43

PYMNTS

FEBRUARY 26, 2018

We found out Google was hitting reset on its mobile payments ambitions. And we learned Bank of America is perhaps a little bit concerned about the competitive risk bitcoin presents. According to reports, the problem has been since corrected — and, according to the bank, the issue affected only a “very low number” of accounts.

Online and Mobile Banking 40

Online and Mobile Banking Debit Card Checks Point-of-Sale (POS) 40

PYMNTS

OCTOBER 29, 2018

I’ve often written about this topic over the last several years, well before the 2016 election dominated the headlines about Facebook’s future as a content platform. There’s a big available market with a lot of room to grow that pie – after all, Amazon “only” has about 50 percent of the online commerce market , and the U.S.

Online and Mobile Banking 78

Online and Mobile Banking Payments PayPal Payment APIs and Integration 78

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

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

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 105

FinTech Online and Mobile Banking Multi-Currency Non-Bank 105

Fintech Labs Insights

JANUARY 18, 2016

App Annie garnered $63 million for its mobile analytics and development tools. million to its digital banking platform. Here are the deals by size from 9 Jan to 15 Jan 2016: Starling. Startup digital bank. Mobile analytics . Online marketplace for real estate investing. SaaS banking platform.

Online and Mobile Banking 18

Online and Mobile Banking Underwriting FinTech Payment APIs and Integration 18

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Bank of America and Countrywide. Price: $7.9B.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

Fintech Labs Insights

APRIL 13, 2016

Here are the fintech deals by size from 2 April to 8 April 2016: Home Link (Lianjia). Online & offline real estate broker. Mobile payment platform for restuarants. Tags:Consumer, merchants, payments, POS, acquiring, debit/credit cards, mobile. Online stock trading game. Online payment platform.

Online and Mobile Banking 20

Online and Mobile Banking FinTech Advisors Underwriting 20

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

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 78

FinTech APACS Payment APIs and Integration Multi-Currency 78

PYMNTS

OCTOBER 11, 2017

Devising options for customers to buy online, pick up in-store (or at a 24-hour kiosk near the store) is another. Finally, anything Farmstead doesn’t sell gets donated to the food bank network Feeding America, where it is passed on to a Bay Area women’s shelter. But sometimes, a more creative approach in retail is needed.

Online and Mobile Banking 40

Online and Mobile Banking On-Demand Non-Bank Returns 40

Fintech Labs Insights

APRIL 4, 2016

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. Consumer online investment platform. Banking services for the under- and non-banked. Tags: SMB, consumer, insurance, mobile, underwriting. Human resources, payroll and health insurance platform. Total raised: Unknown. Betterment.

Underwriting 18

Underwriting FinTech Online and Mobile Banking P2P 18

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

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