PYMNTS

AUGUST 22, 2019

Banks are not just competing for customer engagement and retention — they are also vying for funding and resources as they overhaul their infrastructure and banking tools. The latest Digital Banking Tracker examines how legacy institutions stay competitive with challenger banks. Competition Can Lead to Innovation.

Online and Mobile Banking 66

Online and Mobile Banking Non-Bank Acquirers Fed 66

PYMNTS

NOVEMBER 26, 2020

The HSBC Open Payments application will let businesses connect their checkout pages with the customers' online apps or app-based mobile platform. Then the purchaser is given a request for pre-populated payments, and upon authorization, an "instant and irrevocable credit" is applied to the seller's account. 25 statement.

Irrevocability 91

Irrevocability Online and Mobile Banking Payments NOV 91

Fintech Labs Insights

MAY 12, 2015

The company is demonstrating how it incorporated beacon technology into its mobile banking app. Digital Insight is illustrating the use of beacons within its mobile banking app. Metrics: Digital Insight has a customer base of approximately 900 financial institutions, 12M online banking and nearly 4.8M

Mobile Banking 31

Mobile Banking Online and Mobile Banking End User Acquirers 31

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . The collaborative analysis does not predict an overnight exodus of consumers from their banks and does not assume that Amazon is ready to leap into personal banking.

Online and Mobile Banking 73

Online and Mobile Banking Debit Card ATM Accounts 73

PYMNTS

JANUARY 7, 2021

Today in B2B payments, Orange Bank acquires the SMB neobank Anytime, while Europe braces for a wave of supply chain finance defaults. Orange Bank Buys Neobank Anytime to Serve SMBs, Professionals. Plus, Udaan lands funding for B2B eCommerce technology, Kofax collaborates on AP automation and Bringg partners for B2B delivery.

B2B 66

B2B Online and Mobile Banking Automation On-Demand 66

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

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

Online and Mobile Banking 63

Online and Mobile Banking Push-to-Card Mobile Banking ATM 63

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. The service was introduced as part of a government initiative to increase competition in the banking sector, aiming to reduce the inertia that had kept 75% of account holders with the same bank for years.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

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. Incumbents Play Catch-Up.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

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

PYMNTS

JANUARY 7, 2021

Today in B2B payments, Orange Bank acquires SMB neobank, while Europe braces for a wave of supply chain finance defaults. Orange Bank Buys Neobank Anytime To Serve SMBs, Professionals. Plus, Udaan lands funding for B2B eCommerce technology, Kofax collaborates on AP automation, and Bringg partners for B2B delivery. billion ($31.3

B2B 52

B2B Online and Mobile Banking Automation On-Demand 52

PYMNTS

OCTOBER 7, 2019

Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct. NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015.

Online and Mobile Banking 43

Online and Mobile Banking Mobile Banking Addressing Acquirers 43

Fintech News

JUNE 3, 2024

The firm counts 20 Indonesian fintech companies in its portfolio, including open finance startup Finantier, crypto investment app Nobi, SME finance platform Fazz, and SME banking platform KoinWorks. East Ventures East Ventures, headquartered in Indonesia, is a pioneering and leading sector-agnostic venture capital firm.

FinTech 119

FinTech Boot Camp Participant Online and Mobile Banking 119

Segpay

JUNE 25, 2024

Pay by Bank transactions – also known as Bank Transfers, A2A, or Direct Bank Payments – are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through Open Banking.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

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

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 Advisors Micro-Entry 77

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 108

FinTech Online and Mobile Banking Non-Bank On-Demand 108

PYMNTS

FEBRUARY 20, 2019

A look at Tencent’s recent investment activity tells a story about the modern state of eCommerce and the digital economy, and about the demands of online consumers across the world. For instance, India has emerged as a battleground for online retail and digital, mobile payments, with tech startups in that country raising some $10.5

Online and Mobile Banking 51

Online and Mobile Banking Economy Mobile Payments Mobile Banking 51

PYMNTS

DECEMBER 18, 2017

Following the global financial crisis and a pullback among banks from small business (SMB) lending, some jurisdictions have recently begun introducing new initiatives to entice competition in the space. This is the scenario of Europe, where, according to Lav Odorović, “business banking can be really awful.”. Developers Get Involved.

Small Business 44

Small Business Non-Bank Online and Mobile Banking API 44

Fintech Finance

MAY 1, 2024

The program, which is now available across merchants in the UAE, gives consumers the flexibility to split their purchases into installments across Mastercard’s merchant network – online and in store. Mastercard Installments enables shoppers to digitally access installment offers, pre-approved through their bank’s mobile banking app.

Visa 52

Visa Issuers Online and Mobile Banking Acquirers 52

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

PYMNTS

JUNE 12, 2018

Arm is buying a semiconductor company, Bank of America has hit a milestone with AI and Facebook is doing its part for better eCommerce. The company plans to bring 170 distribution centers online in an effort to reach 90 percent of the U.S. Arm Acquires Stream Technologies As More IoT Devices Get Connected.

Online and Mobile Banking 43

Online and Mobile Banking AI Facilitators Mobile Banking 43

Payment Savvy

NOVEMBER 8, 2022

Barely a couple of decades ago, there were just a few options available for transferring money from one account to another, but the rise of internet banking has given way to a bunch of different services with different names, processes, fees, and waiting times. ACH stands for Automated Clearing House Network. What Exactly is an EFT Transfer?

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

PYMNTS

SEPTEMBER 16, 2019

Essentially, SCA mandates that millions of consumers will need to confirm their identities for most of their online purchases using two of the following: who they are (e.g., Online merchants could collectively lose approximately $57 billion in 2020 due to SCA adjustments, under current levels of preparedness. a password).

Compliance 52

Compliance Authentication Online and Mobile Banking Privacy 52

PYMNTS

SEPTEMBER 7, 2016

Going into investor day, Mastercard is ready to talk about its brand’s evolution from card network to digital payments acceptance network, buttressed by the continued growth and acceptance of Masterpass among issuers, acquirers and merchants worldwide. and around the world.

Online and Mobile Banking 41

Online and Mobile Banking Issuers Visa Digital Payments 41

PYMNTS

FEBRUARY 27, 2017

SoFi, an online finance company providing student loan refinancing, mortgages, personal loans and more, announced last week it has entered into an agreement for $500 million in Series F financing, led by Silver Lake, a private technology-investing firm. According to Finextra , this round brings the company’s total funding to $1.9

Online and Mobile Banking 46

Online and Mobile Banking Finance Agreements Origination 46

PYMNTS

SEPTEMBER 16, 2019

Online merchants could collectively lose approximately $57 billion in 2020 due to SCA adjustments. One of the challenges yet to be faced is that only 25 percent of online merchants are aware of SCA, making compliance tricky for the remaining 75 percent. SCA and the awareness problem.

Posting 46

Posting Authentication Online and Mobile Banking Technology 46

PYMNTS

MAY 10, 2017

The commerce life of a consumer is becoming more digital by the day, given the proliferation of mobile wallets, eCommerce destinations and the emerging plethora of IoT-ready devices now capable of enabling commerce for them. Instead, Kelly noted, that can all be managed centrally from an issuer’s mobile app.

Push-to-Card 73

Push-to-Card Credential Issuers Payment APIs and Integration 73

Fintech Labs Insights

AUGUST 20, 2015

billion) went to three online lenders (Sofi = $1 billion, Avant = $340 million, Dianrong = $220 million). Marketplace lender and digital banking solutions provider. Mobile investment research & management tool. Source: Bank Innovations. Online small business lender. Source: Bank Innovations.

Online and Mobile Banking 31

Online and Mobile Banking Underwriting FinTech P2P 31

Fintech Labs Insights

MAY 28, 2015

Two new neo-banks (Koho, Monese). Two P2P lenders (Acquire, Fellow Finance). Acquire Real Estate. HQ: Red Bank, New Jersey. Online consumer giftcard platform. Fraud and compliance solutions for merchant acquirers. UK-based neo-bank. New Canadian mobile neo-bank. Total raised: $23.5

Online and Mobile Banking 28

Online and Mobile Banking Multi-Currency P2P FinTech 28

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

FICO

MARCH 27, 2017

Four years ago, we at FICO started saying it’s time for banks to upgrade fraud protection in their retail banking departments. Are banks truly ready for same-day ACH? This exposes banks to fraudsters, who will quickly find and exploit the weakest link. Otherwise, financial institutions could wake up one day—Groundhog Day?—and

Same Day ACH 40

Same Day ACH ACH AI Online and Mobile Banking 40

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said.

Push-to-Card 67

Push-to-Card Online and Mobile Banking Consumer Governance 67

Fintech Labs Insights

JULY 17, 2015

Online alt-lender. Mobile banking platform. Mobile payment system for restaurants. Mobile point-of-sale system . Tags: Payments, prepaid cards, digital banking, mobile, global payments. Source: FT Partners. RealtyMogul. Marketplace lender for real estate projects. HQ: Los Angeles, California.

FinTech 29

FinTech Online and Mobile Banking Underwriting P2P 29

Fintech Labs Insights

NOVEMBER 12, 2015

Mobile payments for mcommerce companies. Mobile bank. Tags: Enterprise, fraud, security, online banking, payments, API, developers, big data. Here are the deals by size from 7 Nov to 12 Nov, 2015: NCR. ATMs, POS & financial technology. Latest round: $820 million Post-IPO equity. Total raised: Unknown.

NOV 29

NOV Online and Mobile Banking FinTech ATM 29

PYMNTS

OCTOBER 8, 2018

launched its Faster Payments scheme, after the regulator said the banks had to comply, but has amped up ever since, as regulators in a few other countries have followed in the U.K.’s Topic Two: Banks — sure, they’re boring as all get out, but they are innovating. This payments debate — old rails/new rails — is not new. s footsteps.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

AUGUST 1, 2018

consumers had used online banking at the time. PYMNTS recently caught up with Marion King, director of payments for NatWest , about what Faster Payments has meant for the bank and how its use may develop in the future. The world was a very different place when the U.K.’s s Faster Payments Scheme launched in 2008.

Faster Payments 40

Faster Payments Real Time Payments Payments Online and Mobile Banking 40