CB Insights

JUNE 5, 2018

In Kenya, anyone with a mobile phone — smartphone or not — can use M-Pesa to send money, pay for things, and access credit. More importantly, users don’t need a credit card, bank account, credit history, or minimum balance to open an M-Pesa account. In contrast, mobile payments in the US have yet to catch on.

Online and Mobile Banking 68

Online and Mobile Banking Debit Card Credit Cards Payment Gateways 68

PYMNTS

JANUARY 18, 2019

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. For example, Bank of America reported on Wednesday (Jan. The company recently boosted rates it pays on the accounts, so might we expect more torque in the banking giant’s consumer business?

Zelle 63

Zelle P2P Online and Mobile Banking Venmo 63

Payment Savvy

JULY 3, 2024

When a customer uses their debit card to make a purchase, the funds are directly withdrawn from their checking account, as opposed to credit card transactions where the funds are borrowed from the issuing bank. Card-Not-Present Transactions Online Debit Card Transactions : Transactions conducted via online platforms.

Debit Card 52

Debit Card Process PCI DSS Processors 52

The Fintech Times

MARCH 5, 2024

Funding and investments Monzo, the UK digital bank, has raised $430million (£340 million) in a funding round that will boost its expansion plans. Ziglu, the UK personal investment, digital asset and banking platform, appoints Simon McNamara to its board of directors.

FinTech 59

FinTech Online and Mobile Banking Due Diligence Legal 59

The Fintech Times

JULY 16, 2024

Allied Payment Network , a provider of real-time, open-network payments solutions to banks and credit unions, adds Hank Vanjaria as its new chief financial officer. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

FinTech 52

FinTech Online and Mobile Banking Non-Bank Payment Gateways 52

Fintech Labs Insights

NOVEMBER 21, 2014

mobile payment (pre Apple Pay of course), just launched a major holiday plastic initiative (see below). _ How Square Gift Cards Work _ The Square offering is compelling for its core small business clients. Few banks are going to emulate Square''s approach and build gift cards for acquiring clients.

Online and Mobile Banking 24

Online and Mobile Banking Business Day NOV ATM 24

Fintech Labs Insights

DECEMBER 30, 2015

The Kentucky-based company has developed a vendor management platform for banks and credit unions. Bowers is the founder of iPay Technologies, which demoed at the first Finovate in 2007, was acquired by Jack Henry in 2010. Mobile & online payments. Mobile bank/card. Total raised: $1 million.

FinTech 19

FinTech Online and Mobile Banking Bitcoin Underwriting 19

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

MARCH 30, 2017

Samsung managed to take up most of the oxygen in the mobile room this week — and the big show included the world’s introduction to the new Galaxy phone, Bixby, VR, Samsung Pass, and Samsung Pay’s and Visa Checkout’s partnership to bring Samsung Pay to the online world. The move into the U.K.

Online and Mobile Banking 43

Online and Mobile Banking ATM Law Enforcement Mobile Payments 43

Fintech Labs Insights

DECEMBER 4, 2015

Short-term online consumer loans. Mobile bank/card. Tags: Consumer, prepaid debit card, neo-bank, challenger bank, mobile. Point-of-sale payment processor. Latest round: $72 million. Total raised: $104 million. HQ: Sydney, Australia. Source: Crunchbase. Latest round: $11.4 million Series A.

FinTech 20

FinTech Online and Mobile Banking Debit Card Underwriting 20

Seon

JUNE 21, 2023

This includes online storefronts, online banking to manage their funds digitally, and, naturally, digital payment options, including virtual credit cards (VCCs). According to Juniper, virtual cards are a growing market: Their market size was $2.4 What Is a Virtual Credit Card? trillion in the near future.

Credit Cards 52

Credit Cards Risk Online and Mobile Banking Phishing 52