Fintech Labs Insights

APRIL 12, 2024

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) (..)

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MAY 4, 2018

Propel’s initial and basic purpose is to inform food stamp users via their smartphones of how much money they have left on the EBT debit cards used to buy groceries. Those cards replaced paper food coupons — a process completed in 2004, according to the U.S. Propel has raised at least $5.2

Alabama 100

Alabama Cards Data Tools 100

PYMNTS

AUGUST 21, 2017

Almost twenty-two years later, another startup founded in 2004 in a living room (of sorts) — a dorm on the campus of Harvard University — could end up being eBay’s most promising buyer ever: Facebook. Speaking of online retailers, eBay went all out to court them. From the Living Room to the Basement. million in revenues to $3.2

Online 128

Online Retail San Francisco Mobile 128

NCR

DECEMBER 8, 2016

The arrival of chip and PIN cards was one of the biggest changes to consumer payments in a generation. Card spend up. New figures from the UK Cards Association show that the last ten years have seen a massive rise in consumers using electronic payments. But was EMV the cause of this rise in card spending?

Fraud 40

Fraud Cards Payments Industry 40

NCR

APRIL 12, 2016

The arrival of chip and PIN cards was one of the biggest changes to consumer payments in a generation. Card spend up. New figures from the UK Cards Association show that the last ten years have seen a massive rise in consumers using electronic payments. But was EMV the cause of this rise in card spending?

Fraud 40

Fraud Cards Payments Industry 40

CB Insights

DECEMBER 4, 2019

Bill Me Later was one of the earliest fintech payment platforms on the market and gave big retailers the ability to offer flexible financing programs. Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. It’s likely that Amazon was too early to P2P payments.

Cards 101

Cards Lending Strategy US 101

Banking 2020

NOVEMBER 25, 2015

This has posed problems, not least the fact it’s the only country in the world where counterfeit card fraud losses are rising. Counterfeit card fraud to drop. In the UK, losses from domestic counterfeit card fraud fell straight away. Fraud from counterfeit cards in the UK declined 56 per cent from 2005 to 2013.

US 40

US Marketing Fraud Cards 40

NCR

MARCH 31, 2017

The research was based on figures showing a decline in cash use in the UK between 2004 and 2014, from 71 percent to 53 percent of transactions. According to the latest data from the UK Cards Association, consumers spent £647 billion ($799 billion) on cards in 2016. The decline of cash. billion the previous year.

Millennials 40

Millennials Trends Survey Comparison 40

Gonzobanker

NOVEMBER 17, 2016

Some of the best discussions from Money 20/20 centered around three key megatrends: Megatrend #1 – Retailers Want the Smart POS. Retailer perspective sessions emphasized improving the consumer’s buying experience versus the payment experience. How ironic is that in the journey to frictionless? Keep your eyes on this innovator.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

Fintech Labs Insights

DECEMBER 31, 2014

And surprisingly, fewer banks than anytime since 2004 were running holiday messages in the days before Christmas. But these are massive retail banks and I''d think that virtual holiday decorations would be in the branding budget. For the past 10 years, I''ve done a year-end post looking at holiday promotions at the largest U.S.

Maine 23

Maine Cards Florida Capital 23

PYMNTS

SEPTEMBER 22, 2017

Bankruptcy claims a marquee name in tyke-focused retailing, as the Amazon effect continues. The slowdown in new businesses being founded in the 1980s and 90s was largely quarantined to certain segments – especially retail, where corner stores and regional brands were falling to larger national chains. Want to accept credit cards?

US 108

US Apple Innovation Regulation 108

PYMNTS

SEPTEMBER 14, 2020

The sequel, “ Meet The Fockers ,” released in December of 2004, was among the top-grossing films of 2005. Not all consumers have contactless cards or feel comfortable using digital wallets to pay. It also keeps them from doing something they increasingly say they don’t want to do: Go into stores to buy retail products.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

FEBRUARY 3, 2020

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s Bank of China is prepared to inject $173 billion into the country to stabilize the economic damage wreaked by the coronavirus.

National 141

National System Cards Payments 141

Tomorrow's Transactions

AUGUST 3, 2016

As one of the pioneers of mobile money (cutting my teeth on the initial service proposition and business model for M-PESA, way back in 2004, three years before commercial launch), I’m always naturally inclined to see its potential in a positive light. Maybe secure it with biometrics, if you want. Why should they be any different?

Mobile 30

Mobile Course Training Cards 30

PYMNTS

AUGUST 6, 2020

The country was home to one of the world’s first mobile commerce innovations with the DotCoMo mobile wallet all the way back in 2004. Until recently, retailers had to deal with an incredibly complicated legacy payments network system that was hard to break into. “It You need to have multiple different networks.

Capital 214

Capital Payments Mobile Trends 214

Fintech Labs Insights

MARCH 1, 2017

The card issuer announced a deal with fashion jewelry maker, DCK Group and another with technology innovator, Tappy Technologies, that will bring contactless payment functionality to the watches and other accessories sold at U.K.’s ’s fashionable retailers such as Dorothy Perkins and Miss Selfridge. customers in 2011.

Payments 12

Payments New York Technology Conference 12

Jeff For Banks

JANUARY 18, 2014

No wonder retailers were slashing prices for the Christmas holiday spending season. Several wild cards may improve growth—such as energy availability and prices, improvement in overseas economies in Europe and Asia, and our new Fed Chairman, Janet Yellen, who should follow the low rate policies. Real GDP grew by 4.1%

Philadelphia 81

Philadelphia Policies US Marketing 81

South State Correspondent

OCTOBER 25, 2023

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash.

Fraud 195

Fraud ATM Payments Management 195

MyBankTracker

MAY 20, 2020

Your bank or credit union can certify or guarantee your signature on FS Form 1522 – and then send that form and the bonds and any other documents to Treasury Retail Securities Services. These are no longer issued – they stopped in 2004 – they weren’t that popular. Lost Your Debit Card? Related Articles.

Taxes 52

Taxes How To Report Course 52

PYMNTS

AUGUST 6, 2018

Grubhub founders Matt Maloney and Mike Evans wanted to solve a simple problem in 2004: make it easy for consumers to order food from local restaurants and have it delivered. To understand why I think this way requires a reflection on the evolution of Grubhub over the years.

Online 125

Online Branding Mobile Millennials 125

PYMNTS

MARCH 14, 2016

They provide physical or virtual platforms (like a shopping mall) for multiple groups (like retailers and shoppers) to get together. Put yourselves in the shoes of the Revolution Money team back in 2007, pitching its platform to retailers and consumers. Platforms’ Critical Success Factor: Crossing the Critical Mass Frontier.

Bitcoin 100

Bitcoin blockchain Video Apple 100

PYMNTS

FEBRUARY 13, 2017

have a retail crisis — or a small business crisis? Which is why “fixing” retail must include giving SMB merchants the tools they need to compete in the very dynamic environment that now defines Retail U.S.A. So, what does this all have to do with retail? Here’s a question: Does the U.S. Here’s an answer. We have both.

Retail 134

Retail Innovation Maine Community 134

PYMNTS

AUGUST 25, 2016

Following a merger with EPS GmbH in 2001 the company’s products, ASx and ASSET, were acquired by ACI in 2004. Iliad Solutions was formed in 2004 to improve the way payment systems are tested.

Innovation 100

Innovation System Industry Payments 100

CB Insights

SEPTEMBER 10, 2019

But incumbent banks are also at the forefront of the most promising innovations in personal finance today, such as virtual credit cards. The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. It acquired 1.5M

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

SEPTEMBER 6, 2016

Online retailers will be where we shop. I believe that this inflection point will accelerate the four big shifts that have been taking place right before our very eyes over the last decade — shifts that will now set the course for how every single player in payments and commerce and retail should be planning their 2017 and beyond.

Payments 100

Payments Online Mobile Retail 100

PYMNTS

APRIL 4, 2016

The brand has also teamed up with fashion designer Jeremy Scott on a collection of PepsiMoji-inspired sunglasses, according to Women’s Wear Daily , and will be launching a soccer-themed arm to the campaign called “Pepsi Blue Card” featuring prominent soccer players and soccer-inspired emojis. Another trick up the soda brands’ sleeves?

social media 100

social media Millennials New York Branding 100

PYMNTS

NOVEMBER 14, 2019

antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg.

Cards 176

Cards Illinois Regulation Policies 176

CB Insights

JUNE 6, 2019

The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. Nasty Gal: Applying the hyper-growth model to physical retail is hard. Total Funding: $60M.

Apple 78

Apple Branding Google Company 78

PYMNTS

MARCH 19, 2018

His premise knits together a series of storylines that regular readers of PYMNTS are quite familiar with: That the Amazon Effect on retail , despite the company’s 4 percent share of it, is real and that it uses its diversified sources of revenue, like Amazon Web Services, to subsidize its retail business at the expense of traditional retail.

Google 148

Google Apple Retail Millennials 148

Javelin Strategy & Research

SEPTEMBER 23, 2015

It’s been a long anticipated issue with EMV – the time it takes to “dip” a card compared to the much accustomed “swipe”. It’s not so much the time it takes, it’s more that it’s dead time – you have nothing to do but stare at a POS display waiting for the acknowledgement that you’re able to take the card out again. Insert card – check.

UX 40

UX Cards Apple US 40

CB Insights

OCTOBER 4, 2018

In 2004, Alibaba Group launched Alipay to support online payment transactions on Alibaba.com and Taobao.com. Low credit card penetration: China has just.31 31 credit cards per capita, vs. 2.5 credit cards per capital in the US. Notably, card payments accounted for $5.7T Wealth management. Credit scoring.

US 78

US Fintech Mobile Regulation 78

PYMNTS

JANUARY 7, 2019

And, yes, this likely sounds blasphemous from someone who’s been beating the mobile payments drum since 2005, well before the iPhone and the App Store changed how consumers, retailers and payments players all use mobile devices. It’s an experience that retailers are embracing and investing heavily in. Consider this.

Mobile 205

Mobile Innovation Apple Study 205

CB Insights

DECEMBER 14, 2017

New Frontiers in Retail Tech. Download this research briefing to see how corporates and startups are shaping the future of retail with tech. They don’t need to rely on traditional retail stores for exposure. They’re competing more efficiently by rethinking not just the product, but also the retail model.

Video 78

Video Branding Company Strategy 78