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Where Challenger Banks & Incumbents See The Next Digital Banking Opportunity

CB Insights

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. The digital divide spans countries as well.

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German FinTech Raisin Eyes US Launch Following Latest Acquisition

PYMNTS

European wealth management FinTech Raisin is planning to roll out in the U.S. Raisin will license Choice FS’ software to banks in the U.S., Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. platform,” said Raisin U.S. CEO Paul Knodel.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

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.

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The Many Answers To ‘What Is A Bank?’

PYMNTS

Austere institutions that seemed impervious to change are reinventing themselves fast, as empowered consumers demand terms and services that banks would have found laughable in 2010. Examining sentiments around banks, PYMNTS polled nearly 1,300 U.S. was easier to answer before digital-only challengers appeared.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

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.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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Top 9 Online Digital Payment Processors for Small Businesses (SMB): June 2023

Fintech Labs Insights

This can improve visibility on our website, but does not impact the company’s FAB score. ** The FAB score, Fintech Attention Barometer, is a proxy for the overall size of a private company since they typically do not release traditional metrics (# customers, deposits, AUM, etc). Challenger Payment Providers in the United States 1.

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