Fintech Labs Insights

DECEMBER 1, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Below is a ranked list of the 17 challenger business credit cards currently active in the United States. Founded: 2007.

Cards 15

Cards Online Utah Austin 15

Gonzobanker

JANUARY 16, 2018

As a percentage of checking accounts, active online banking users grew 82% and active online bill payers increased 134% between 2007 and 2017. These percentage changes sound impressive, but just 51% of mid-size banks’ checking account holders banked online in 2017, and only 11% paid bills online through their banks.

Digital Banking 136

Digital Banking Online Fintech Mobile 136

PYMNTS

SEPTEMBER 4, 2017

The credit card company’s annual Digital Payments report, released Friday (Sept. say they have used contactless card technology to make a payment since the technology was first launched in September 2007. card payments made in June of 2017 were contactless, researchers noted. More than a third of U.K.

Payments 135

Payments Survey Cards Millennials 135

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. And each January, we ranked all previous recipients into a master list.

Innovation 15

Innovation Fintech Online Mobile 15

Fintech Labs Insights

JUNE 17, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Here is a list of the 15 challenger business credit cards currently active in the United States. Founded: 2007.

Cards 15

Cards Utah Online Austin 15

Fintech Labs Insights

JUNE 17, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Here is a list of the 15 challenger business credit cards currently active in the United States. Founded: 2007.

Cards 15

Cards Utah Online Austin 15

FICO

AUGUST 4, 2016

Today we released our interactive European Fraud Map for 2015 , showing card fraud trends for 19 European countries. The big news was the 18 percent rise in UK card fraud, largely driven by online transactions. The rise in UK card fraud equates to an additional £88.5 million lost. Some 75 percent (£66.7

Fraud 40

Fraud Cards Analytics Study 40

PYMNTS

JULY 18, 2019

Frechette traced that trend back to consumer preferences that have been set by the increasing pace of online and mobile commerce and payments — not just by Amazon, but pretty much any major or successful player that has employed data to gain a better, much deeper understanding of their customers. Credit Cards.

Innovation 124

Innovation Data Cards Maine 124

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. Venture investors saw consumer banking as ripe for disruption in the aftermath of the 2007-2009 financial crisis. The post Top 63 Online Digital Banks for U.S.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

PYMNTS

AUGUST 4, 2017

Pi UK Bidco Limited — a newly incorporated company jointly-owned and managed by American multinational private equity firm Blackstone and private investing consulting firm CVC — announced it has reached an all-cash agreement to acquire online payments company Paysafe.

Online 108

Online Innovation Payments Capital 108

PYMNTS

SEPTEMBER 14, 2016

In a world where transactions now take seconds rather than minutes, hours or days to process and approve, the prevention controls must be exercised in real time with intelligence applied across the medium of channels that might be used in today’s digital world, including cards and online banking transactions. million in 2007 to £52.5

Fraud 100

Fraud Payments Customer Experience Exercises 100

PYMNTS

MARCH 19, 2019

And it’s grand strategy at that, with cross-border linkups that anticipate and facilitate (and, yes, spur) the move from cash to paying online or with cards. Finance, two-thirds of payments are made by digital means, a marked boost from the 40 percent tally seen in 2007. As estimated by U.K.

Payments 191

Payments Strategy Course Cards 191

Banking 2020

FEBRUARY 17, 2015

Just as the onset of online banking capabilities upended traditional industry practices, the slew of mobile banking apps now on the market, and the heavy adoption of those technologies by ‘millennials’ in particular, was bound to make even online banking look old-fashioned. Featured mobile banking mobile only online banking'

Mobile 40

Mobile Online Millennials Course 40

PYMNTS

AUGUST 21, 2017

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. E-Bay acquired online ticket exchange, StubHub, in 2007. Speaking of online retailers, eBay went all out to court them.

Online 128

Online Retail San Francisco Mobile 128

CFPB Monitor

APRIL 13, 2020

Debt collection (25%): The largest number of debt collection complaints concerned “attempts to collect debt not owed” for miscellaneous products and services such as phone bills, health club memberships, and home utility services, followed by credit card debt. The majority of complaints involved “trouble during payment process.”.

Report 78

Report District of Columbia Survey social media 78

PYMNTS

SEPTEMBER 18, 2018

Mortgages and Credit Cards and Student Debt…. Outstanding credit card debt is at the second highest point seen since the end of 2008, and total outstanding debt stands at $1 trillion. Student debt was at $545 billion at the end of 2007, just ahead of the financial crisis, and now stands at more than $1.5 Mortgages ?

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

DECEMBER 16, 2019

The introduction of the iPhone in 2007 – and the birth of the apps ecosystem a year later in 2008 –inspired an entirely new class of innovators, stating the 2010s with a brand-new toolkit. That’s not just because consumers can shop and buy online without leaving the house. What a difference a decade makes.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JANUARY 1, 2020

The introduction of the iPhone in 2007 – and the birth of the apps ecosystem a year later in 2008 –inspired an entirely new class of innovators, starting the 2010s with a brand-new toolkit. That’s not just because consumers can shop and buy online without leaving the house. What a difference a decade makes.

Innovation 174

Innovation Cards Google Payments 174

PYMNTS

MARCH 1, 2019

When credit cards first debuted in 1920s America,they brought with them myriad benefits. For instance, prior to a law passed by Congress in the mid-1970s, companies could mail consumers activated credit cards without their consent. The value of online banking fraud loss nearly tripled from 2007 to 2009 after the U.K.

Security 134

Security Payments Fraud Cards 134

PYMNTS

NOVEMBER 7, 2016

billion with debit or credit cards. That means that, for every euro Polish consumers spent via credit or debit card, they spent nearly €5 in cash. Most recently, cash share usage in Poland experienced a surge from 2000 until 2007. According to PYMNTS’ research, Polish consumers spent a total of €194.5 Changing consumer behavior.

Analysis 152

Analysis ATM Mobile Cards 152

PYMNTS

APRIL 15, 2019

The site first emerged in fall of last year, when the creators started advertising it on forums where hackers sell stolen payment card details. The marketplace operators sell the data to cybercriminals who use it for identity theft, online fraud and other crimes – and the data is worth anywhere from $5 to $200.

Fraud 129

Fraud Data Security Ohio 129

PYMNTS

AUGUST 3, 2020

Missouri-based Askinosie Chocolate , which has sold ethically sourced confections since 2007, has been tackling such challenges. It also has had to use credit cards and PayPal for other international ingredient purchases, where protections like chargebacks have proven to be important safeguards. The Paper Versus Digital Debate.

Missouri 204

Missouri Payments Tools Regional 204

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.

Apple 150

Apple Google Bitcoin Mobile 150

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2007.

Atlanta 15

Atlanta Utah Miami DC 15

PYMNTS

AUGUST 9, 2018

In 2007, the company launched its Amazon Fresh grocery delivery service, rolled out Amazon Music and launched its first-ever device — the Kindle eReader. In 2009, it bought the online show giant bought Zappos for around $800 million. Early in 2017, in partnership with Chase, Amazon launched the Amazon Prime Rewards Visa Signature Card.

Online 101

Online Sacramento Course New York City 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

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2007.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2007.

Atlanta 15

Atlanta Utah Miami DC 15

CB Insights

DECEMBER 4, 2019

Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. Below is a timeline of some of the major Amazon Pay milestones: Amazon’s first known payments product, Pay with Amazon, launched in 2007. However, Amazon has had some missteps with Amazon Pay.

Cards 101

Cards Lending Strategy US 101

Fintech Labs Insights

JANUARY 25, 2022

When I started reporting on the space in the mid-90s, I thought banks would end up delivering the bulk of basic accounting functions through their online banking programs. Challenger Accounting/Bookkeeping Online Providers in the United States. Went public June 2007. And it’s an ideal service to consume digitally. Founded: 2006.

San Francisco 15

San Francisco Online Detroit Houston 15

PYMNTS

MAY 23, 2017

between 2007, before faster payments, and 2008-2010 — all of which is to say that fraud tripled in the wake of faster payments. Other efforts centered on tokenization or smart card readers. Data Point One: 300 Percent. This is the rate of fraud that has been documented in the U.K.

Fraud 101

Fraud Payments Data Cards 101

PYMNTS

JANUARY 15, 2018

For 50 years, consumers have been trained to produce a plastic card of some kind at the point of sale to pay for something. They know they can do that anywhere they shop – the biggest of the big stores and the smallest of the mom-and-pop shops – and that their card will be accepted and will work.

Innovation 109

Innovation Payments Google Training 109

PYMNTS

NOVEMBER 14, 2017

Online consumer lending – in a variety of forms – has grown explosively over the last decade. Its team of economists takes a rather dim view of the online lending space and the ways in which it recruits and handles its customers – and believes that additional regulation is needed to rein in some of the excesses their research uncovered.

Study 101

Study Lending Cleveland Online 101

PYMNTS

SEPTEMBER 14, 2020

In 2007, Netflix introduced streaming services to further scratch that consumer itch. Consumers can buy cars online and have them delivered to their driveways without ever talking to a car salesperson or going to a dealership to sign paperwork. Not all consumers have contactless cards or feel comfortable using digital wallets to pay.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

JANUARY 30, 2017

Builders can also accept payments via credit cards. Buildertrend collaborates with payment partner WePay to allow the contractors to get paid faster and store card information to ease recurring payments. In 2006 or 2007, we didn’t really plan on this, but it has become a really, really big initiative for us.”.

Trends 100

Trends Payments Software Technology 100

NCR

OCTOBER 31, 2016

In our modern era of contactless payments, mobile wallets and online banking, checks might seem like an outdated way of making deposits and transactions. Use of contactless cards, meanwhile, is soaring. “They [contactless cards] have moved beyond coffee shops and sandwich bars and are now entirely commonplace,” he added.

Exercises 40

Exercises Cards Payments Innovation 40

PYMNTS

MAY 22, 2017

Despite this anecdotal evidence, however, a significant hurdle impeding the growth of digital payments in India is Indian consumers’ lack of interest in using mobile for online banking, Soundararajan said. “The [anecdotal] evidence of that is much stronger.”. Thankfully, the Indian government seems to be moving in that direction.

Fraud 103

Fraud Analysis Payments Regulation 103