Remove 2001 Remove Cards Remove Lending Remove Technology
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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

raised $10 million from SEB Bank and Seed Capital for its commercial card technology. million as it prepares to launch its lending-in-a-box offering, according to Asset Finance International. Bancorp in 2001 in a $2.1 Cardlay, based in the U.K., Also in the U.K., Funding Xchange secured $10.3

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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. The shuttering comes as JPMorgan has spent heavily on technology, with $11.5

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. Table of Contents: Amazon’s product strategy. Amazon’s Next Financial Pillar. Closing thoughts.

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A Decline in Personal Savings

TrustBank

By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. Adding to the observation is the fact that from roughly 2001-2006, a devastating housing price bubble formed due to lax lending standards.

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The 238 Fintech Unicorns of the 21st Century (Sep 2021)

Fintech Labs Insights

Ant Technology. Plaid Technologies. Sub-Category. 9 Sep 2021. 9 Sep 2021. 2018 round. 9 Sep 2021. 9 Sep 2021. Netherlands. August 2021 exit to Square. 9 Sep 2021. 9 Sep 2021. South Korea. Aug 2021 round. 9 Sep 2021. 9 Sep 2021. Checkout.com. Jan 2021 round. 9 Sep 2021. April 2021 round. Infrastructure. 9 Sep 2021. Tinkoff Bank.

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Why Regulation Won’t Fix Credit Reporting Agencies

PYMNTS

That year, two grocery store owners opened a small business to help merchants trade financial information that would make it easier for all of them to access that information and make lending decisions. That business was called The Retail Credit Corporation.

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