CB Insights

NOVEMBER 21, 2019

Companies in this subcategory (1) provide technology to enable insurers across the value chain (underwriting, distribution, claims, etc.), Companies in this subcategory (1) provide technology to enable lenders across the value chain (underwriting, monitoring, distribution, administration, etc.), Regulatory tech.

FinTech 93

FinTech End User Online and Mobile Banking Payment APIs and Integration 93

Clearly Payments

DECEMBER 5, 2023

Acquirers or Acquiring Banks Acquirers, also known as acquiring banks , form the backbone of the payment processing ecosystem. These financial institutions have a direct link between merchants and major payment networks like Visa, Mastercard, and American Express.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. TL;DR Payment facilitators remove the need for businesses to open merchant accounts of their own to accept payments. On the other hand, this exposes PayFacs to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Finovate

JANUARY 16, 2024

At the conference, TreviPay’s Rissi Lovern and Max Almerico demoed TreviPay’s Small Business Supplier Payments Network (SBSN). The network enables banks to offer a wide range of products to their small business customers via access to the small business B2B trade credit market.

Visa 59

Visa Payment APIs and Integration Gateways B2B 59

FICO

DECEMBER 20, 2018

Emerging Payment Solutions Will Grow Up. Emerging payment solutions — mobile wallets and P2P payment networks most notably — are slowly but steadily displacing legacy payment options like cash and checks and cementing themselves in the day-to-day lives of consumers (particularly Millennials and Gen Zers).

Consumer 73

Consumer Emerging Payments OCC FDIC 73

Finovate

AUGUST 6, 2024

Banks, insurance companies, NBFCs, individuals, CXOs, CDOs, CIOs, asset management companies, payment providers, and SMEs. TodayPay TodayPay is the world’s first instant payments network and inventor of Refunds as a Service, giving merchants an alternative payment method to issue instant refunds to customers.

Credit Union 52

Credit Union OFAC Alternative Payment Methods Database 52

PYMNTS

SEPTEMBER 30, 2019

Once upon a time in the 1960s, banks were building a series of one-off card-based solutions, much the way today in the ending days of the 2010s we see global digital banking, mobile wallets and alternative underwriting schemes building one-off tech-based solutions for financial services products.

Interoperability 84

Interoperability FinTech Underwriting Consumer 84

International Payments Processing

DECEMBER 29, 2021

Rapid Application Process for High Risk Merchant Our RAP process involves three regimented steps that allow us to assess a high risk merchant and approve them into our payments network. This allows merchants to accept payments and continue to operate their business with peace of mind.

Risk 88

Risk Process Accounts Gateways 88

International Payments Processing

DECEMBER 29, 2021

Rapid Application Process for High Risk Merchant Our RAP process involves three regimented steps that allow us to assess a high risk merchant and approve them into our payments network. This allows merchants to accept payments and continue to operate their business with peace of mind.

Risk 88

Risk Process Accounts Gateways 88

PYMNTS

NOVEMBER 4, 2019

Use-cases for real-time payment capabilities continue to grow for consumers, small businesses and corporates, while the open banking business model is proliferating beyond the ability for FinTechs to loop into their customers’ bank account data, and into new opportunities like enhanced small business loan underwriting and automated accounting.

Real Time Payments 44

Real Time Payments RTP Payment APIs and Integration Faster Payments 44

PYMNTS

AUGUST 7, 2019

We have a real-time payments network. If the Federal Reserve decides to launch its own network, it’s just delaying the access to faster payments to everybody.”. It’s operating,” said The Clearing House’s Senior Vice President for Product and Strategy Steve Ledford in a statement earlier this week. “If

Office of the Comptroller of the Currency 72

Office of the Comptroller of the Currency Payment APIs and Integration Federal Reserve Small Business 72

Clearly Payments

DECEMBER 9, 2023

Acquirers: The Foundation of Payment Networks At the heart of payment processing, acquirers, often referred to as acquiring banks , play a foundational role. These financial institutions establish a direct link between merchants and major payment networks like Visa, Mastercard, and American Express.

ISOs 59

ISOs Acquirers Credit Cards MSPS 59

Fintech Labs Insights

AUGUST 20, 2015

Health care payments & analytics software. B2B payments network. Tags: Mobile, fx, remittances, payments, funds transfer. Total raised: $1.75 billion (at least $400 million is debt). Source: Wall Street Journal. Alt-consumer lending. HQ: Chicago, Illinois. Latest round: $339 million (Debt). Total raised: $1.43

Online and Mobile Banking 31

Online and Mobile Banking Underwriting FinTech P2P 31

The Fintech Times

MARCH 31, 2024

In the insurance industry, AI helps underwriters identify risks and threat vectors, helping them to work more efficiently. Predictive and prescriptive analytics are particularly valuable, enhancing underwriting capabilities and managing loss ratios effectively. “AI is only useful when it works in tandem with human intelligence.

Risk 64

Risk AI Underwriting Automation 64

Fintech Finance

APRIL 24, 2024

Zilch , the world’s first ad-subsidised payments network (ASPN), announces today that it has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of AI innovation across the Zilch proposition.

AI 52

AI Innovation Fraud Detection Underwriting 52

The Fintech Times

AUGUST 8, 2024

One Inc , the digital payments network for the insurance industry, appoints Michael Ellis as the company’s new chief financial officer. Lea most recently served as chief underwriting officer at Vantage Risk. Malm was previously VP of operations at Embroke.

FinTech 69

FinTech Cross-Border Cross-Border Payments Credit Cards 69

PYMNTS

FEBRUARY 15, 2018

With such a significant share of lending activity in place, a credit card is a logical extension of that community bank-SMB relationship, particularly since the underwriting has already occurred. Credit card use is on the rise, according to the Federal Reserve 2017 Payments Study Supplement,” Giorgio said.

Community Banks 47

Community Banks Small Business Credit Cards Due Diligence 47

PYMNTS

OCTOBER 22, 2018

UATP exists as the oldest payments network in the world, having been in service for more than 83 years and serving the global air travel market exclusively. Kaiser explained that the first payment is charged when the trip is booked, and “the airline will receive its funds.

Payments 55

Payments Point-of-Sale (POS) Credit Cards Commercial Card 55

PYMNTS

JUNE 11, 2019

That includes SMB FinServ in areas like small business loan underwriting, and the diversification of offered products and services. (More) Disruption Ahead. Open Banking will be a force in U.S. banking that disrupts many, if not all, facets of the industry.

Office of the Comptroller of the Currency 60

Office of the Comptroller of the Currency Small Business Payment APIs and Integration Third-Party Service Provider 60

Fintech Labs Insights

SEPTEMBER 19, 2016

Payment provider to employees & contractors. B2B payments network. Red Dot Payment. Tags: Institutions, metrics, analytics, information, BI, underwriting, risk management. Finova Financial. Alt-title loans. Latest round: $52.5 million Private Equity. Total raised: $52.5 HQ: Palm Beach Gardens, Florida.

Underwriting 27

Underwriting FinTech P2P Advisors 27

Fintech Finance

APRIL 24, 2024

FI-PayLater also offers multiple integration options, including direct connections, connections through payment networks, or integration via issuer processors. This reduces the burden to underwrite these consumers for new loans, reducing the risk of write-offs and promoting responsible spending.

BNPL 52

BNPL Issuers Payment APIs and Integration Card Issuer 52

M2P Fintech

MARCH 28, 2024

C losed-loop Payment System Closed-loop payment systems are payment networks that operate within their exclusive networks, confining transactions to specific merchants or vendors. Unlike widely accepted open-loop systems like Visa, they offer limited interoperability.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

Electronic Transactions Association

APRIL 4, 2022

The 2022 cohort, representing entrepreneurs, senior executives, risk experts, marketing, product, technology professionals, analysts, lawyers, bankers, and investors, includes Jeymi Aguero, Operations Manager, PayArc Brittany Allen, Trust and Safety Architect, Sift Tom Aronica, CEO, Biller Genie Amanda Beam, Director, Partner Relations, Signature Payments (..)

Technology 40

Technology Payments Underwriting Compliance 40

Fintech Labs Insights

MAY 21, 2015

Open source payment network. Tags: P2p, peer-to-peer lending, underwriting, Bitcoin, Finovate alum. Latest round: $100 million Private Equity. Total raised: $100 million. Source: Crunchbase. Argon Credit. Online consumer alt-credit. HQ: Chicago, Illionois. Latest round: $75 million debt. Total raised: $85.1 million ($5.1

P2P 28

P2P Underwriting FinTech Payroll 28

Fintech Labs Insights

OCTOBER 9, 2015

Consumer credit underwriting. Global payments network. Tags: Consumer, payments, bitcoin, cryptocurrency, blockchain, currency exchange, remittances, P2P, Santander (investor), Finovate alum. Source: Crunchbase. ZestFinance. HQ: Los Angeles, California. Latest round: $150 million Debt. Source: Crunchbase. InvestCloud.

FinTech 29

FinTech Online and Mobile Banking P2P Underwriting 29

CB Insights

FEBRUARY 13, 2020

In this report, we dive into Stripe’s unique strategy, growth trajectory, product set, and where the $35B payments giant sees the global online commerce market heading next. A decade of online payments innovation. PayPal and Square emerge as leaders in the payments space. TABLE OF CONTENTS. Focus on developers. Seed VC, 2019).

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

Stax

JANUARY 10, 2024

Each network will calculate the fee differently, depending on the type of card, the industry, and the merchant’s payment processing volume. Assessment fees An assessment fee is imposed by payment networks in exchange for processing credit card payments. Usually, interchange fees will range between 0.3-2%

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

PYMNTS

MAY 10, 2017

The first challenge Blispay confronted had to do with its payment network — and whether the company wanted to construct its own or build on top of something already existent. From my work at MBNA and Bill Me Later, I knew that building my own network is incredibly hard, slow work. Making It Easy on Merchants.

Finance 51

Finance Online and Mobile Banking Consumer Underserved 51

The Fintech Times

APRIL 23, 2024

“To meet the needs of this evolving landscape, a notable shift is taking place towards leveraging flexible payment infrastructure via the use of APIs. The customer feels valued as they receive special deals or items for free, and the merchant can ensure a long-term customer.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration Government 59

PYMNTS

JULY 16, 2019

What YapStone and other payments partners can do — and are increasingly doing — is to take responsibility for those chargebacks. Instead of having to navigate a complex process, both sides can hand it off and let the payments network fix the problem.

Online and Mobile Banking 55

Online and Mobile Banking Push-to-Card Payroll Transactions 55

PYMNTS

APRIL 18, 2017

Payment hustlers are strategic, smart and also not afraid to use trial and error until they find the attack methods that work best, Frechtling noted. He said that their tactics typically include a Plan A of using alternative payment networks, a Plan B of using bank payments and a Plan C of relying on cryptocurrencies.

Law Enforcement 45

Law Enforcement Money Laundering Payments Online and Mobile Banking 45

Fintech Labs Insights

MARCH 8, 2016

Rental payments network. Charitable payments platform. Mobile payments platform. Tags: Consumers, SMB, payments, merchants, POS, mobile, acquiring, P2P, person-to-person. Source: Crunchbase. InstaPartners. Receivables financing platform. Latest round: $8.7 million Seed. Total raised: $8.7 HQ: Milano, Italy.

Underwriting 18

Underwriting FinTech Accreditation P2P 18

PYMNTS

JUNE 28, 2019

The $5 million Series A investment for San Francisco-based Car IQ will be used to help the company accelerate development of its payment gateway that enables vehicles to autonomously connect with bank payment networks. This week, the company revealed a $24 million investment from Oak HC/FT.

Small Business 43

Small Business Participant B2B Automation 43

CB Insights

DECEMBER 4, 2019

Making payments more cash efficient for Amazon and frictionless for customers is a key priority. Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. This investment complements Amazon’s broader push to support SMEs.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Fintech Labs Insights

JULY 21, 2016

Gift card payment network. Tags: Consumer, lending, underwriting, alt-lending, loans, personal financial management, P2P, person-to-person. HQ: Surry Hills, Australia. Source: Crunchbase. Pearl Capital. Alt-lender to small businesses. Latest round: $20 million. Total raised: $20 million. HQ: New York City. Latest round: $9.36

FinTech 16

FinTech Underwriting P2P Online and Mobile Banking 16

Clearly Payments

DECEMBER 1, 2023

Difference of Acquirers, ISOs, and Aggregators Acquirers, ISOs, and aggregators each play vital roles within the payment processing ecosystem, and a nuanced understanding of their distinctive functions is crucial. They are all considered payment processors, but there are differences.

ISOs 109

ISOs Acquirers MSPS Processors 109

PYMNTS

MARCH 27, 2020

And then there is the equally critical, if slightly more difficult to quantify, commodity of patience, he added — patience on the part of commercial and consumer landlords, and underwriters holding loans. Some of this is really about a matter of timing. Because necessity is, was and always will be the mother of invention.

Checks 56

Checks Payments Governance Government 56