Bank Innovation
JANUARY 10, 2018
Alkami, which provides white-labeled solutions for banks and credit unions to implement across their digital and mobile platforms, was started in 2009 because there “wasn’t a lot of innovation that was happening in the digital banking space,” […].
Gonzobanker
JULY 7, 2015
Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Ally Bank $23,212,768 $60,709,382 $37,496,614. Capital One* 29,565,607 54,374,989 24,809,382.
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PYMNTS
FEBRUARY 19, 2020
Since 2009, bank branches have been steadily declining from a high of near 100,000. In excess of 13,200 branches have closed in the past 10 years as the industry has gone digital, JLL said. Bank said it was planning to close 196 branches in 2019, but is also opening 10. Bank of America planned to shutter 129 branches.
Chris Skinner
MARCH 15, 2017
These new entrants join a number of more established mid-sized full service banks, such as CYBG (the owner of Clydesdale Bank and Yorkshire Bank brands) as well as other smaller, specialist players such as Aldermore (founded in 2009) and Secure Trust (operating since 1954). appeared first on Chris Skinner's blog.
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.
Fintech Labs Insights
AUGUST 25, 2016
This week digital banking solutions provider Meniga announced an $8.2 The round was led by existing investors Velocity Capital and Frumtak Ventures, based in the Netherlands and Iceland, respectively. Willem Willemstein Velocity Capital chairman and CEO, has joined Meniga’s board of directors. million (€7.3
Fintech Labs Insights
MAY 12, 2021
But as you can see from the chart below, the digital SMB lenders started in earnest during and right after the 2007/2008 financial crash. Whereas, 3 of the 5 largest were founded in 2007, 2008, and 2009. As a side note, there have been no major digital lenders founded in the past 30 months. CAN Capital. Lighter Capital.
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