PYMNTS
MARCH 25, 2020
Branchless bank and FinTech Green Dot has reported that Dan Henry will step in as its new president and CEO, and will also join the board of directors. Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. billion all-cash sale to TSYS. “I
PYMNTS
FEBRUARY 26, 2020
Haythornthwaite has served as chairman since May 2006 and Banga has served as CEO since 2008 — when he took over the helm shortly after the onset of the financial crisis. The goal for Mastercard going forward is figuring out how to expand its reach worldwide and into places that card products haven’t been — and may never go.
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PYMNTS
OCTOBER 15, 2020
India’s pay-later app Slice is introducing a no-fee Visa card that offers its Gen Z and millennial customers cash back and no-cost EMIs during festive sales. “We We believe cutting-edge new solutions like these will help us become the go-to fintech destination for Young India.”. Spending peaked in 2006 at $3,023 on average.
PYMNTS
MARCH 8, 2017
In fact, when it comes to FinTech companies, thinking “small” by focusing and serving a relatively small number of huge markets may provide the best opportunity to drive more impactful revenue with sustainable and profitable growth. Navigating the FinTech Waters. Preparing for a FinTech Future. eventually become commoditized.”.
PYMNTS
APRIL 5, 2019
In 2006, 44 percent of tappable equity came from homeownerships with credit scores of 780; in 2017, the share had increased to 53 percent. And here is the kicker: “Much of the corresponding decline in share came from homeowners under 45, whose share of equity declined from 24 percent in 2006 to 14 percent in 2017.”.
PYMNTS
MAY 24, 2016
The drop in business for physical bank locations will come as no surprise, especially for FinTech players. The number of branches open is at its lowest level since 2006, reports said. They need to start saving for their kids’ college, or they need a mortgage or a credit card.”
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).
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