BankInovation
FEBRUARY 24, 2022
The digital economy continues to grow, up significantly from 2002, when total holiday sales hit just $416.4 Eventually it all passes through financial service institutions. Whether payments are processed through Apple Pay or Venmo, PayPal or a debit card, there is always involvement with an account at a financial services institution.
Bank Innovation
JUNE 3, 2016
The Fintech is dead meme is now in full flood. This feels like the Internet is dead consensus in 2002. Authoritative sources such as this Deloitte report (with sensationalist headline from Business Insider) add credibility to this meme. At the time I vividly recall the relief with which media companies Read More.
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PYMNTS
JUNE 23, 2020
billion) were missing from two bank accounts in the Philippines, Braun had been at the top of the FinTech company since 2002, the Times reported. Until his resignation Friday (June 19), when an audit revealed 1.9 billion euros ($2.1 Since the drama unfolded, Wirecard share values have plummeted. On June 17, the stock closed at $104.50.
Fintech Labs Insights
APRIL 12, 2024
Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).
PYMNTS
JUNE 3, 2019
tech startup, to enable banks and FinTechs to offer individuals and companies branded cards. UnionPay was founded under a charter issued by the People’s Bank of China in 2002. The Financial Times , citing China UnionPay, the world’s largest card issuer, reported it inked a partnership with Tribe Payments , a U.K.
Chris Skinner
APRIL 2, 2017
Just a few weeks ago, I was in Bahrain, talking at a conference about FinTech as usual. What struck me is the interest and excitement about FinTech in both … GulfTech is a challenge due to diversity I took part in a webinar the other day, focused upon the developments in digital banking in the Middle East.
PYMNTS
OCTOBER 15, 2020
All of these new instant payments systems around the world are being built on the ISO 2002 standard,” said Waterhouse. The conversation turned to whether FinTechs are purely competitors to traditional FIs — or, actually collaborators. Waterhouse noted that FinTechs act as collaborators. “In
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