Bank Innovation
FEBRUARY 2, 2018
As online banking becomes more popular, countries are grappling with cybersecurity. In Denmark, the advent of digital banking also saw almost a 60% jump in card fraud, Bloomberg reported yesterday.
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. Green Dot Bank (Go Bank) 28,553 725,719 697,166.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Fintech Labs Insights
NOVEMBER 10, 2023
Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.
PYMNTS
NOVEMBER 9, 2020
The Tracker also examines how mobile and instant disbursement tools could be essential to making sure these individuals are still able to participate and transact within the digital banking world. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009.
PYMNTS
MARCH 18, 2019
recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from JPMorgan Chase & Co. The accounts come with debit cards, digital payments and free check cashing, but do not allow overdrafts.”. Financial inclusion is on the rise, as evidenced by these banking statistics. In 2017, 6.5
Chris Skinner
MARCH 15, 2017
Building on my challenger bank discussions, there’s some interesting points coming out of a new report by Price Waterhouse Coopers (or Playing the Wrong Cards as they’re now called, after the Oscars) on challenger banking. It’s well worth a read, especially as they found that having branches is more important than mobile apps.
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.
Expert insights. Personalized for you.
246 
Let's personalize your content