2006 Cards Innovation Online 
PYMNTS
SEPTEMBER 14, 2020
But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. Watching it at home in the comfort of the living or family room wouldn’t be an option until nearly two years later: August 22, 2006 , when the DVD was finally released.
PYMNTS
FEBRUARY 25, 2019
His main exposure to the payments industry was using his Bank of America debit card to pay for things at the store. That brought about an idea to create a card that would give kids — who didn’t have a credit card, but did have access to high-speed internet at school — a way to buy things online.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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 was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).
PYMNTS
AUGUST 23, 2018
When Renaud Laplanche founded LendingClub 12 years ago in 2006, the lending landscape was a very different place. When we left LendingClub in 2016, we started to think about the model we had created for online lending, and we thought there was so much more we could be doing with it than what we had done with LendingClub,” Laplanche said.
PYMNTS
JANUARY 1, 2019
In fairness, it was 1995 — Amazon was a year old and a bookseller online. The fact that Gates was right about the first two is arguable, what with the explosion of online mobile banking, digital payments and tech-based financial services. There was no Google -ing anything, and PayPal was still three years away from being a thing.
PYMNTS
MARCH 8, 2017
Back then, even though PayPal was just beginning to gain traction and online banking was quite prevalent, the apartment rental market was still dominated by paper checks, Weiss explained. Property managers also used an incredibly archaic system that made it difficult to deal with rent, security deposits and payment collections.
PYMNTS
OCTOBER 1, 2018
When LendingClub entered the market in 2006, Laplanche had one idea in mind: disrupt the banks. It was an idea slightly ahead of its time, but not by much – and despite the fact that most startups get their start by maxing out their credit cards. By the end of 2016, LendingClub’s stock was trading at half its price.
Expert insights. Personalized for you.
245 
Let's personalize your content