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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Conference Alert: New Fintech Event to Focus on AI (duh!)

Fintech Labs Insights

The event is organized by industry veteran Bruce Burke who first landed on the events radar with his well-timed Social Mobile Payments conference launched in 2011. . – But there is another event debuting this year that I completely get, Fin + AI 2024 It could easily become a fixture on the fintech conference circuit.

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Data Enablers: Koupon Delivers Retailers Offers

PYMNTS

Koupon was founded in 2011 to help marketers deliver higher value to its customers. Those] achievement[s] provided incredible validation of our mission and leadership in the quickly rising mobile couponing market,” said Ogle. Ogle said the company has maintained 1,000 percent revenue growth in each of the past three years.

Retail 109
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Can Subscription Commerce Revive Floundering Movie Theaters?

PYMNTS

First founded in 2011, MoviePass now operates under the leadership of Mitch Lowe, who co-founded Netflix and previously served as president of Redbox. Though the company did manage to handle the enormous growth in traffic over the following days, the technical difficulties were not over. Giving moviegoing a subscription twist.

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Fast EMV, Mobile Starbucks And Under-Fire Payday Lending

PYMNTS

Fraud is moving en masse online , though, as in-store methods are getting harder and crooks look to find the weakest link. According to the PYMNTS/Forter Global Fraud Attack Index , online fraud attacks have jumped by 11 percent since the shift in the U.S. Overall, year over year, online fraud attacks have spiked 215 percent.

Lending 100
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: October 2011. Date: August 15, 2011. Zynga and OMGPOP. Date: March 21, 2012. Price: $210M. a viral gaming hit for iOS and Android.

Google 76
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Kreditech Taps mBank Veteran Michal Panowicz To Lead on Products, Technology

Fintech Labs Insights

Panowicz, who worked for fellow Finovate alum mBank as Senior Director and Managing Director from the fall of 2011 to the spring of 2015, will be responsible for Kreditech’s product and technology departments. The company launched Monedo Now , an online POS financing solution this summer designed to help empower the underbanked.