PYMNTS

JULY 28, 2017

Reports Thursday (July 26) said the Royal Bank of Scotland will be required to establish an innovation investment fund worth nearly $670 million, and a scheme worth $457 million, to encourage SMEs to switch bank accounts. RBS is also required to pay grants to challenger banks and FinTechs in an effort to enhance competition.

Fintech 100

Fintech Regulation Innovation Report 100

Chris Skinner

MARCH 7, 2018

Everyone got very excited a few years ago about blockchain technologies, the ledger system that was spawned by the arrival of bitcoin in 2009. I recently wrote an article for Bloomberg’s Business Week, and thought it worth sharing with y’all here: What’s next for blockchain? appeared first on Chris Skinner's blog.

blockchain 327

blockchain Bitcoin System Technology 327

PYMNTS

FEBRUARY 20, 2020

In a letter to finance ministers and G20 central banks, Quarles said they’re in danger of falling further behind as the digital payments sector grows and innovates. FSB members recognize the speed of innovation in the area of digital payments, including so-called ‘stablecoins,’” he said in the letter. “We

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

PYMNTS

JULY 1, 2020

Since it was launched in 2009, the monies have financed a total of $35 billion in trade, with $13 billion in low-income and lower middle-income countries and $3.5 While disturbing, it presents an opportunity for FinTechs at a time when the market is ripe for banking disruption and digitization.

Marketing 193

Marketing Washington New York Fintech 193

PYMNTS

MAY 28, 2020

Financial institutions (FIs) have been scrambling to bring these services to web and mobile channels in response, and are partnering with FinTechs to make these changes as quickly as possible. Deep Dive: APIs’ Role In Fueling Digital-First Banking Innovation.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

AUGUST 4, 2020

FinTech Kabbage could be seeking a sale, and in doing so, could look to garner up to $1 billion, according to sources quoted by Barron’s. The business was an early innovator in the field determining the creditworthiness of small business clients. Kabbage had no comment.

Community Bank 162

Community Bank Analytics Community Fintech 162

Chris Skinner

JULY 26, 2016

In 2009, I coined the word BaaS. No, nothing to do with sheep! Instead, BaaS stands for Banking-as-a-Service.

Fintech 150

Fintech Branding Digital Banking Innovation 150

Bank Innovation

FEBRUARY 2, 2018

Danish credit card fraud significantly increased in 2016, Bloomberg said, and reports of online fraud in the country have increased 300% from reports in 2009. […]. In Denmark, the advent of digital banking also saw almost a 60% jump in card fraud, Bloomberg reported yesterday.

Fraud 246

Fraud Digital Banking Cards Online 246

Chris Skinner

JUNE 4, 2018

That’s because I was presenting the idea ten years ago and blogged about it in February 2009. The good thing about blogging is that I have a public record of my thinking. Hence, I can claim that Banking-as-a-Service (BaaS) is mine. appeared first on Chris Skinner's blog.

Data 199

Data Digital Banking Innovation Fintech 199

PYMNTS

NOVEMBER 1, 2019

“In the past ten years, the media landscape has seen explosive growth and sophistication in the form of mobile, digital, video and OTT [over-the-top], with more advertisers trending away from traditional media like TV and print,” Baysal recently told PYMNTS for its latest Class of 2009: Innovator’s Club discussion.

Strategy 100

Strategy Innovation Video Industry 100

PYMNTS

OCTOBER 21, 2020

Those latter two firms have been in the in-store POS market for quite some time (Square, for example, since 2009). The point of sale, then, is fast becoming the new point of competition between a traditional FI and a slew of FinTechs and service providers. Square and PayPal do not have monthly fees, but levy fees of 2.6

Marketing 306

Marketing Maine Cards Payments 306

PYMNTS

MARCH 14, 2017

According to Finextra , PDS has entered into a non-binding Letter of Intent to acquire Singular, a FinTech payments provider that utilizes innovative technology for merchants in health care and other niche verticals nationwide.

System 109

System Data Payments Community 109

PYMNTS

FEBRUARY 27, 2020

Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. The interesting question for the next decade is how, as the gig economy grows, it will continue to compete with and innovate against the world of wage work — and perhaps change it in the process. Some lasted; some did not.

Community 236

Community Mobile Course Software 236

PYMNTS

JUNE 17, 2016

Unfortunately, “60 Minutes,” famous for investigative journalism, missed the really big story in FinTech. A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

PYMNTS

MAY 14, 2020

In 2009, the last recent year with a comparably large output contraction in developed markets, remittances to Latin America and the Caribbean fell 15 percent,” Fitch said in the report. The median Fitch-rated country in the region receives the equivalent of 10 percent of GDP from remittances.

America 151

America Course Report Mobile 151

PYMNTS

AUGUST 5, 2019

That means not only going where the money is, but also using innovation to find the shortest path to the vulnerabilities to access those funds. Mobile Check Capture Circa 2009. Ingo’s technology for locking out fraud from its own remote check cashing business has also helped a host of FinTechs keep their own fraud in check.

Fraud 162

Fraud Payments Mobile Handbook 162

NCR

NOVEMBER 11, 2016

Blockchain is the technology that allows bitcoin, the digital currency launched in 2009, to function. It will help build innovative solutions across the industry, becoming ever more integrated into the structure of financial services, as mainframes, messaging services and electronic trading did before it.” A blockchain refresher.

blockchain 106

blockchain Industry Bitcoin System 106

Fintech Labs Insights

MAY 12, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Whereas, 3 of the 5 largest were founded in 2007, 2008, and 2009. We are calling it the FAB score, standing for Fintech Attention Barometer. The 171 Fintech Unicorns of the 21st Century (April 2021 update). Funding $M. Visitors (Apr21).

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

JUNE 3, 2016

Last week the San Francisco Business Times announced winners of its Tech and Innovation Awards honoring the Bay Area’s most innovative and enterprising technology companies. Founded in 2009. Credit Karma debuted its Debt Manager at FinovateSpring 2009 , and has come a long way since. million in funding.

San Francisco 12

San Francisco Company Fintech Innovation 12

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. trillion by 2020, and eCommerce in India will grow 67 percent into a $38 billion market — a tenfold growth since 2009.

Industry 125

Industry Trends Capital Payments 125

PYMNTS

JUNE 30, 2016

In our fast-paced FinTech environment, business requirements aren’t typically introduced at a steady pace. The natural desire of every FinTech businesses is to continue to add value for its customers and clients. “Educate and delegate” is my guiding philosophy. PYMNTS: What is the most difficult part of your job, and why?

Mobile 100

Mobile Comparison System Payments 100

Celent Banking

FEBRUARY 10, 2016

Payment APIs have grown by almost 2,000% since 2009, with Financial APIs growing at more than 470% during that time. At first glance the Open Banking initiative seems to provide all of the benefit to fintech firms with all of the cost shouldered by UK financial institutions. These include PayPal, Stripe, Authorize.Net and LevelUp.

Data 100

Data Groups Fintech Report 100

Fintech Labs Insights

MAY 26, 2017

And in March, the company partnered with BBVA, Spain’s second largest bank and a widely-known, eager adopter of innovative financial technologies. ” Founded in 2009 and headquartered in Dublin, Ireland, Fenergo demonstrated its Deal Manager solution at FinovateEurope 2012.

Management 17

Management Innovation Compliance Capital 17

Fintech Labs Insights

APRIL 15, 2016

Last night in Amsterdam the 2016 European Fintech Awards celebrated innovators shaping the future of finance. Four of the winners are Finovate and FinDEVr alums, including BehavioSec, who won the overall award of Best European Fintech Company of 2016: BehavioSec. Founded: 2009. Category: Innovative Banking Software.

Fintech 12

Fintech San Francisco Lending Innovation 12

Let's Talk Payments

APRIL 4, 2016

According to the FRB, US banks had 4,821 branch closures between 2009 and 2014. The number accounted for around 5% of the bank branches in the country. In the UK,

US 40

US Innovation Fintech Mobile 40

PYMNTS

JULY 13, 2017

Bitcoin came onto the scene nearly a decade ago in 2009 and has slowly been making strides in the financial world ever since. fintech startup Revolut has decided to move forward with integrating cryptocurrency services into its offerings following a $66-million round of funding. Overseas, we’re seeing the U.K.

Bitcoin 101

Bitcoin cryptocurrency Maine Regulation 101

CB Insights

JANUARY 6, 2019

One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. We’ve assembled a list of innovation labs from some of the most recognizable names in retail looking to disrupt their industries. CVS — Digital Innovation Lab.

Innovation 77

Innovation Retail Branding Technology 77

Fintech Labs Insights

JULY 27, 2015

A small business lending innovator, Kabbage uses data generated by business activity – rather than relying exclusively on credit scores – to provide small businesses with a range of financing options. Kabbage was founded in 2009, and is headquartered in Atlanta, Georgia. The post The Next FinTech Unicorn?

San Jose 12

San Jose Atlanta Fintech Georgia 12

PYMNTS

JANUARY 11, 2017

This time around, the B2B sector led FinTech as the area where the most funds flowed, with about $456 million. The future of sales — and any number of other business conversations — will likely be left in the digital hands of artificial intelligence, especially if AI innovator Conversica has anything to do with it.

Capital 100

Capital US Company System 100

Fintech Labs Insights

NOVEMBER 19, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Whereas, 3 of the 6 largest were founded in 2007, 2008, and 2009. We are calling it the FAB score, standing for Fintech Attention Barometer. Founded: 2009 (originally as BillFloat). So, the capability has existed for 20 years. Lendistry.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

OCTOBER 16, 2016

Expect to see much, much more activity as financial institutions and fintech companies develop applications using Amazon’s Alexa and the new Google Assistant. The annual Sibos 2016 conference in Geneva took place at the end of September – between the last Fintech Trending meeting and this one. InsurTech Rising.

Trends 12

Trends Fintech blockchain America 12

Fintech Labs Insights

MAY 12, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Whereas, 3 of the 5 largest were founded in 2007, 2008, and 2009. We are calling it the FAB score, standing for Fintech Attention Barometer. Founded: 2009. The 171 Fintech Unicorns of the 21st Century (April 2021 update). Funding $M.

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

NOVEMBER 11, 2015

Santander is partnering with Meniga to bring the Iceland-based fintech innovator’s “world class” PFM solutions to its clients and customers. Meniga’s announcement comes just days after being recognized by Business Insider as one of the most promising fintech startups in the Nordics.

Innovation 12

Innovation Conference Fintech Online 12

Fintech Labs Insights

JULY 28, 2016

Quoted in the Financial Times , BPCE chairman François Perol said that the acquisition “demonstrates our commitment to innovation, to developing a customer centric approach enabled by digital banking technology, and to be more involved in the digital and mobile banking field.” ” Kröner, whose bank expanded to the U.K.

Groups 12

Groups social media New York Digital Banking 12

Fintech Labs Insights

APRIL 16, 2020

In my 25 years in the fintech space, I’ve had the misfortune to experience three massive ecosystem shocks. To help gauge where fintech is now and how and when it will get back on its feet, let’s compare and contrast the three downturns and their recoveries. 2009 (a 17-month dive). Financial crisis. Coronavirus crisis.

Fintech 15

Fintech UX Community Comparison 15

Fintech Labs Insights

NOVEMBER 19, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Whereas, 3 of the 6 largest were founded in 2007, 2008, and 2009. We are calling it the FAB score, standing for Fintech Attention Barometer. Founded: 2009 (originally as BillFloat). So, the capability has existed for 20 years. Lendistry.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Whereas, 3 of the 6 largest were founded in 2007, 2008, and 2009. We are calling it the FAB score, standing for Fintech Attention Barometer. Founded: 2009 (originally as BillFloat). So, the capability has existed for 20 years. Lendistry.

Atlanta 15

Atlanta Utah Miami DC 15