CB Insights

AUGUST 26, 2021

SoftBank has backed a slew of edtech startups in 2021, from AI tutor Riiid to online education platform Unacademy to employee upskilling company Go1. . Digital banking. The digital banking space has grown increasingly stratified in recent years as more challengers banks emerge to target different groups and needs. .

Online and Mobile Banking 94

Online and Mobile Banking Participant AI Automation 94

PYMNTS

DECEMBER 19, 2019

PayPal has acquired a 70 percent equity stake in Guofubao Information Technology ( GoPay ) and will head to China as the country’s first online-only payments platform, PayPal said in a press release on Thursday (Dec. 30 by the People’s Bank of China, according to reports. mobile apps and spend 6.3 They use an average of 2.22

PayPal 53

PayPal Online and Mobile Banking Central Bank Cross-Border 53

PYMNTS

MAY 3, 2019

That’s the big message being sent throughout the payments world as PSD2 and other FinTech efforts spark innovation and give consumers, companies and other organizations more methods to pay — methods that better match the preferences of those participants, payments that feature more speed and less friction than was often the case before.

Non-Bank 83

Non-Bank Online and Mobile Banking Payments Alternative Payment Methods 83

Fintech News

OCTOBER 22, 2024

The 2024 winners were selected by a panel of key industry players representing organizations such as KKR, Granite Asia (formerly GGV Capital), Singapore’s InfoComm Media Development Authority (IMDA), Singapore Business Federation, Singapore-based global investor EDBI, SGX Group, DBS Bank, Northstar Group, and 65 Equity Partners.

FinTech 100

FinTech Multi-Currency Online and Mobile Banking APACS 100

PYMNTS

FEBRUARY 14, 2020

Participants in this race, both legitimate and illegitimate, have more room to play, however, as upgraded technologies and diverse customer behavior lead to new channels of payment and commerce. Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation.

Online and Mobile Banking 60

Online and Mobile Banking Fraud Prevention Authentication Account Takeovers 60

Wharton Fintech

OCTOBER 30, 2023

Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. Narmi’s mission is to offer financial institutions the best digital banking platform in the industry. A really big part of that is the core banking system.

API 52

API Online and Mobile Banking FedNow Payment APIs and Integration 52

PYMNTS

AUGUST 15, 2019

Japan, in the last several years, has been something of a puzzle among mobile payments watchers around the world. And the first mobile wallet in history launched in Japan — created by I Mode and DOCOMO 20 years ago in 1999. And the first mobile wallet in history launched in Japan — created by I Mode and DOCOMO 20 years ago in 1999.

Mobile Payments 61

Mobile Payments Online and Mobile Banking Payments Push-to-Card 61

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. 31, 2018, with a year-end goal of 300 million.) Zelle Bank Gains. P2P Numbers.

Venmo 71

Venmo P2P Zelle PayPal 71

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. billion (US$36 million) in premiums.

FinTech 98

FinTech Online and Mobile Banking Non-Bank On-Demand 98

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

CB Insights

FEBRUARY 20, 2019

Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. In 2018, Brazil saw a new annual high for deals and funding, hitting 38 deals worth $480.8M. Latin American fintech companies are creating products aimed at rethinking banking, lending, and payments in the region.

FinTech 57

FinTech Online and Mobile Banking Participant Research 57

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

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

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. billion (US$36 million) in premiums.

FinTech 81

FinTech Online and Mobile Banking Non-Bank On-Demand 81

PYMNTS

JANUARY 11, 2021

In a 2018 Mercator Advisory Group survey , 67 percent of respondents said they actively seek out ATMs in surcharge-free networks to avoid paying fees. More than 1,900 organizations and 130 million cardholders participate in Fiserv’s MoneyPass ATM network. While ATMs are highly popular with customers, ATM fees are not.

ATM 52

ATM Online and Mobile Banking Credit Cards Agreements 52

PYMNTS

MARCH 10, 2020

The conversation came against a backdrop where, at the end of February, Fiserv said that nearly 600 banks and credit unions (CUs) have joined the turnkey service from Zelle to enable person-to-person (P2P) payment capabilities, and that the number of participants accessing the network via Fiserv has increased ten-fold in 2019 from 2018.

P2P 92

P2P Real Time Payments Zelle Credit Union 92

The Fintech Times

SEPTEMBER 10, 2024

Today, the business has evolved into a leading global payment service provider and acquirer for online, mobile, in-store and over the phone payments. Since stepping into the role in 2018, I’ve led huge global deals, helped the business to expand its operations in new markets and built strategic relationships with key stakeholders.

Payments Trends 59

Payments Trends Cross-Border Cross-Border Payments Payments 59

PYMNTS

JULY 28, 2020

Fraudsters and financial institutions (FIs) are constantly evolving to best each other, and growth in synthetic ID fraud is revealing that many banks must enhance their security measures to stay in the lead. Cybercriminals often use these identities to set up bank accounts and apply for credit cards and loans.

Online and Mobile Banking 53

Online and Mobile Banking Social Security Identity Theft Fraud Detection 53

PYMNTS

JULY 25, 2019

Consumers may still champion cash as their preferred method of payment, but its use declined 3 percent as measured between 2015 and 2018. In this case, prepaid cards can serve as a payments alternative to traditional banking offerings like checks, and more technology-driven ones like real-time bank deposits.”. Firms in the U.S.,

Online and Mobile Banking 75

Online and Mobile Banking Payments Cross-Border Alternative Payment Methods 75

The Fintech Times

DECEMBER 14, 2023

His previous experience also included various roles at the private banking firm of Brown Brothers Harriman. ClearBank , an enabler of real-time clearing and embedded banking for financial institutions, has named Megan Cooper (nee Caywood) as chief product officer. Cooper has previously worked at Barclays UK Business and Starling Bank.

FinTech 69

FinTech Online and Mobile Banking On-Demand Risk Management 69

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. In Fiscal Year 2018, not one of the 100 top lenders participating in the SBA’s 7(a) loan program were credit unions, reports in American Banker said last month.

Credit Union 51

Credit Union NCUA Small Business Online and Mobile Banking 51

PYMNTS

OCTOBER 11, 2018

workforce has participated in it in some way. Three quarters — 75 percent — of college-age consumers prefer to interact with mobile banking apps. To serve millennials and other consumers, Wells Fargo launched a mobile banking app called Greenhouse by Wells Fargo last year.

Faster Payments 60

Faster Payments Economy Real Time Payments Online and Mobile Banking 60

PYMNTS

FEBRUARY 8, 2019

Yabuki spotlighted the news on Thursday that New York Community Bank (NYCB), with more than $51 billion in assets, is converting to a real-time platform, marked by Fiserv’s digital banking and payment solutions. Mobiliti subscribers grew 21 percent in the quarter to more than 8 million.

Digital Payments 58

Digital Payments Zelle Online and Mobile Banking Payments 58

PYMNTS

OCTOBER 25, 2019

What Apple Pay At Five Says About The Future Of Mobile POS Payments. Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters. Waiting for checks to arrive in the mail, or for bank deposits to process, can be frustrating — especially for consumers struggling to make ends meet between paychecks.

Office of the Comptroller of the Currency 40

Office of the Comptroller of the Currency Innovation Online and Mobile Banking Void 40

PYMNTS

AUGUST 24, 2020

Online classes are also gaining the attention of workers who have been laid off during the economic downturn and want to refresh their skills or build new ones and attracting employees who may be seeking to polish their know-how while working from home. . Mobile money service M-Pesa is used by 24.5 Tackling The Currency Challenge .

International Payments 60

International Payments Cross-Border Online and Mobile Banking Cross-Border Payments 60

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

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. 8 Credit Fair (India) Credit Fair is a consumer lending fintech startup that was founded in 2018.

FinTech 84

FinTech APACS Payment APIs and Integration Multi-Currency 84

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

SEPTEMBER 20, 2018

Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives. That’s because Chinese consumers have embraced mobile commerce and payments more than nearly everyone else in the world, which provides a wealth of consumer information. “We

P2P 66

P2P Credit Cards Online and Mobile Banking Credit Limit 66

PYMNTS

AUGUST 6, 2019

The Q1 2018 edition of the Disbursement Satisfaction Index found that 81.9 The same survey also found that 53 percent of workers were interested in using mobile apps to access information related to their retirement plans. The test also prevented seniors from having to visit physical bank branches or have bank accounts at all.

Instant Payments 43

Instant Payments Online and Mobile Banking Enrollments Payments 43

PYMNTS

DECEMBER 24, 2018

Moreover, Adobe projects that voice-assisted retail will prove to be a big hit during the 2018 holiday shopping season — and that consumers already devoted to the technology will buy even more gear for themselves and others. #3: 6: With Person-To-Person Mobile Tech. But that’s changing in this era of mobile and digital commerce.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

MAY 29, 2020

billion as of 2018, but a sale now would likely reflect a reduced valuation due to the rough first half of 2020. “We billion,” Asad Hussain , a mobility tech analyst at PitchBook, wrote in a research note. And in 2019, the company participated in a $530 million funding round for autonomous tech firm Aurora Innovation.

Online and Mobile Banking 52

Online and Mobile Banking Push-to-Card Direct Deposit Debit Card 52

PYMNTS

MAY 7, 2020

The program launched in 2018 and has grown 280 percent since then, and now includes 140 FinTechs globally. As a whole, Angelos noted, the latest class of Fast Track participants worldwide have stepped up in many ways to offer support to consumers and small businesses alike. How Innovators Are Moving Money . In the U.S.,

FinTech 95

FinTech Multi-Currency Cross-Border Credential 95

PYMNTS

NOVEMBER 27, 2017

Small business credit data and analysis provider PayNet was created earlier this year by the Malaysian government following the merger of the Malaysian Electronic Clearing Corporation (MyClear) — a wholly owned subsidiary of the Malaysian central bank — and the Malaysian Electronic Payment System (MEPS). The Bigger Potential.

Real Time Payments 43

Real Time Payments Online and Mobile Banking Cross-Border Payments 43

PYMNTS

MARCH 21, 2018

There’s a hunger for global brands among young, affluent consumers in these populations, and at this stage of the game, there’s still room for many international players to get a piece of the pie — but the “PPRO Payments & E-commerce Report: High-Growth Markets 2018” said that won’t be true for long.

eWallet 53

eWallet Online and Mobile Banking Cross-Border Economy 53

PYMNTS

FEBRUARY 28, 2019

The Michigan High School Athletic Association, for instance, reported 12,722 registered sports officials in the 2008 to 2009 academic year, and that total fell to only 9,816 in the 2017 to 2018 season. The offering uses a Fiserv SDK that allows payments to be sent directly to recipients’ bank accounts via mobile or web-based platforms.

Reconciliation 43

Reconciliation Payee Payments Payer 43

PYMNTS

NOVEMBER 14, 2017

But between the promise and the reality, some connectivity is on order, bringing consumers payment options – and merchants toward better conversion rates when it comes to online commerce. The stats of Singles Day show the allure of shopping online using an alternative method of payment. Data Point One: 17.6

Alternative Payment Methods 46

Alternative Payment Methods Online and Mobile Banking eWallet Payments 46