Bank Innovation

JUNE 22, 2018

Founded in 2010, Bolstr is a […]. The most recent example of a bank taking note of this area is KeyBank’s acquisition of Bolstr’s SMB-focused digital lending platform, which it announced this week. Terms of the acquisition were not disclosed.

Lending 210

Lending Tools Examples Online 210

CB Insights

FEBRUARY 13, 2020

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.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 15, 2018

It also explains why some innovations in payments have been met with open arms by consumers and others given the cold shoulder. In 2010, two researchers at MIT’s McGovern Institute for Brain Research published a paper that shed new light on how the brain makes decisions to stick with or change routine behaviors. Here’s why.

Innovation 109

Innovation Payments Google Training 109

Bank Innovation

FEBRUARY 6, 2019

In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization, economic stability and international commerce. Now, based on the events of the last couple years, no one holds “so Panglossian a view,” said the 30-year-old chief executive officer.

Operations 170

Operations Google Capital Online 170

PYMNTS

JULY 31, 2020

Monzo and Atom Bank were among the first group of neobanks that emerged in 2010, later followed by other entities including Chime, Moven, N26, Revolut, Simple, Starling and Volt Bank. Thirty-two percent say that it is easier to use their online services. are also emerging as a threat. The playbook shows that 35.9 percent of CU members.

ATM 156

ATM Digital Banking Online Mobile 156

PYMNTS

MARCH 30, 2020

Bad actors can attack debit cards in many different ways, from deploying card skimmers in physical point-of-sale (POS) devices to stealing payment credentials as well as hacking online databases to make off with sensitive card information. Deep Dive: How Card Networks Must Compete For Merchants’ Debit Routing.

Cards 165

Cards Security cryptocurrency Payments 165

Bank Innovation

DECEMBER 6, 2018

Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. The face of banking and financial education has changed how we market in the course of a few short years. Smartphones have become the device of choice for well over half of digital media […].

Millennials 170

Millennials Marketing Trends Mobile 170

PYMNTS

FEBRUARY 26, 2019

It might be a bit of a cliché to note that we live in an increasingly connected world – though given that literally tens of billions of connected devices are predicted to go online in the next year or so, it is a mathematically accurate one. billion: The number of stolen emails and passwords that have surfaced online. $30

Policies 134

Policies Data Meeting Security 134

PYMNTS

MAY 2, 2019

NatWest Tyl will help institutions with online credit card payment logistics, both online and in store. RBS sold Worldpay to Advent International and Bain Capital for £2 billion in 2010, in a deal that proved fortuitous for the buyers, as the payments industry has flourished in the past few years.

System 130

System Online Technology Payments 130

PYMNTS

FEBRUARY 24, 2020

One of the most important innovations in history is the pendulum clock, which was invented in 1636 by Christiaan Huygens , a Dutch scientist and founder of the field of mathematical physics. Enabling people to use their scarce time more efficiently has been at the core of many disruptive innovations throughout history.

Innovation 209

Innovation Study Mobile Online 209

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. There are signs of an emerging mini-genre online that gives advice on what single people should buy at that warehouse store – which, of course, sells items in bulk. Shifting Tide.

Retail 133

Retail Millennials Online Innovation 133

Accenture

APRIL 26, 2017

For years, we’ve heard people proclaiming the demise of the bricks-and-mortar bank branch, supposedly swept away by customers’ mass-migration to online and—increasingly—mobile alternatives. But as our latest UK banking consumer survey— Beyond Banking —confirms, there’s still plenty of life in the bank branch.

Millennials 233

Millennials social media Innovation Study 233

PYMNTS

JUNE 21, 2018

The solution supports online loan applications and other digital features that accelerate the borrowing process for entrepreneurs. We are excited to work with an organization that is dedicated to helping communities and small businesses prosper,” said Charlie Tribbett, co-founder of Bolster, which was launched in 2010. “By

Lending 108

Lending Innovation Fintech US 108

PYMNTS

APRIL 3, 2019

Evolocity has provided more than CAD$240 million (about USD$180 million) to small businesses since its launch in 2010, reports said. The combined business will continue operating under the OnDeck Canada name as one of the largest small business lenders in the country, OnDeck said.

Lending 108

Lending Operations Online Groups 108

PYMNTS

JUNE 15, 2020

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. These innovations would usher in digital’s 2.0 shift, starting in about 2009 and 2010. Digital’s 2.0

Innovation 214

Innovation Mobile Capital Operations 214

PYMNTS

JANUARY 15, 2020

Retail consumers increasingly expect convenience in every area of life, and banks today want to meet that demand, not just in terms of online and mobile banking, but also their banks’ available range of products.”. platform,” said Raisin U.S. CEO Paul Knodel. Knodel added that Choice FS complements Raisin’s foray into the U.S.

Fintech 131

Fintech US Software Retail 131

PYMNTS

FEBRUARY 4, 2020

By the end of 2020 four in 10 shoppers worldwide will belong to Gen Z, the consumer group born more or less between 1996 and 2010. Generally more adventurous and less cautious than their slightly older peers, Gen Z is making big players from eBay to Uber to online travel agencies (OTAs) rethink services and fees for their cresting wave.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

APRIL 17, 2018

As Apple seeks to bring in more revenue from online services and content, the tech company plans to integrate the technology behind Texture into its Apple News mobile app and develop a premium magazine subscription offering, Bloomberg reported.

Apple 123

Apple California Software Mobile 123

PYMNTS

JANUARY 12, 2017

“The funds will be used to further grow iZettle’s offering to ensure it continuously innovates and keeps supporting the needs of small businesses in Europe and Latin America,” the company said in its announcement of the investment.

America 100

America Lending Cards Capital 100

PYMNTS

FEBRUARY 3, 2020

tech firms’ dominance across online platforms, and the collection and use of data. This is a major weakness for data-driven businesses to emerge, grow and innovate today, including in Europe, but huge opportunities lie ahead.”. In Europe, another regulatory salvo may be aimed at U.S.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

NOVEMBER 8, 2016

Although it is credited with being one of the first companies to offer wedding and bridal party dresses online, J.Crew’s e-store is ending its love affair with the bridal business, which was among the first of its kind when it launched back in 2004. How did J.Crew go from innovating the space to pulling the plug? So what happened?

New York 159

New York New York City Retail Online 159

PYMNTS

MAY 5, 2017

Most recently, the online retail giant announced plans to open a new Research & Development (R&D) center in the U.K. Since 2010, Amazon reports investing some $8.3 “By the end of this year, we will have more than 1,500 innovation-related roles here in Britain,” Doug Gurr, U.K. billion in its U.K. operations.

Video 109

Video Technology Operations Retail 109

PYMNTS

DECEMBER 20, 2018

Dynamic pricing promises to keep making strides in 2019, with vendors updating their repricing software (“repricing” is another term for “dynamic pricing”), and online sellers engaging in increasingly fierce competition to win the buy box. earlier in December launched a repricing software product for Walmart online marketplace sales.

Software 157

Software Retail Analysis Online 157

PYMNTS

MARCH 9, 2018

“We think the presentation by retail experts of ‘either [online] or [offline]’ is a false choice,” Blumenthal told CNBC. “It Although Warby Parker was founded online in 2010, the retailer pioneered the strategy of eCommerce retailers opening brick-and-mortar stores.

Delaware 102

Delaware New York Retail Online 102

PYMNTS

MARCH 1, 2019

Overall, the automotive industry accounted for only 53 percent of total robot shipments in North America in 2018, its lowest percentage share since 2010.”. The launch of the in-store robots called “Marty” — one of the largest deployments of robotics innovation in the U.S. Grocery Robots. Delivery Robots.

Industry 123

Industry Retail America Software 123

PYMNTS

MARCH 18, 2019

The account that was eliminated was introduced in 2010, when the company was trying to lure customers to online banking. The account had no monthly fee, as long as the customer accessed statements online and did not use a bank teller. If customers used those services, they paid an $8.95 fee each month.

America 175

America Survey FDIC System 175

PYMNTS

FEBRUARY 21, 2017

Founded in 2010, SmarterHQ began by applying machine learning and predictive analytics to retail consumer data to gain behavioral and life-cycle insight — insight which companies leveraged to develop personalized email marketing methods, said Michael Osborne, president and CEO of SmarterHQ. The partnership works to solve the following.

Retail 103

Retail Analytics Data Big Data 103

Fintech Labs Insights

JUNE 25, 2020

Launched in 2010, New York City’s Fintech Innovation Lab is the longest-running fintech-only accelerator. Broker Buddha (1:12:40) Online application platform for insurance customers. In those 10 years, 79 companies have graduated from the 12-week program. Collectively raising $1.2B and creating 1,200 jobs.

Fintech 15

Fintech Innovation New York Data 15

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. I would say around 2010, 2011, 2012, with Apple having mobile payments acceptance in stores, checking out on mobile devices, that’s where we saw transactions become much more personal,” Dasilva said of in-store retail experiences.

Retail 100

Retail Apple Fraud Online 100

PYMNTS

NOVEMBER 28, 2016

The retail sector lost over 43,600 jobs as of mid-August alone, a number already towering over the 30,273 retail jobs shed back in 2010 and previous estimates. But as jobs are being slashed as broad cost-cutting measures, the money saved isn’t necessarily going back into innovating retail and customer service solutions.

Retail 100

Retail Innovation Technology Trends 100

PYMNTS

APRIL 22, 2016

Regardless of the company, its industry, its customers or location, online fraud remains top of mind. In an interview with PYMNTS, Bradley Wiskirchen, CEO of fraud protection tech firm Kount, detailed the landscape of online fraud, where it is going, and the challenges and opportunities that confront innovative fraud detection.

Fraud 100

Fraud Idaho Innovation San Francisco 100

Fintech Labs Insights

JUNE 25, 2020

Launched in 2010, New York City’s Fintech Innovation Lab is the longest-running fintech-only accelerator. Broker Buddha (1:12:40) Online application platform for insurance customers. In those 10 years, 79 companies have graduated from the 12-week program. Collectively raising $1.2B and creating 1,200 jobs.

Fintech 15

Fintech Innovation New York Data 15

PYMNTS

JUNE 1, 2017

Stripe, a San Francisco-based payment service provider that specializes in online transactions, is expanding its arsenal of financial products to cater to the needs of data-hungry businesses. Stripe is a leading innovator in the financial technology space.

Analytics 106

Analytics Tools San Francisco Data 106

BankBazaar

JUNE 10, 2020

Hotstar is an online video streaming platform owned by Novi Digital Entertainment Private Limited, a wholly-owned subsidiary of Star India Private Limited, which currently offers over 100,000 hours of TV content and movies across 9 languages, and every major sport covered live. But, did you know our very own Hotstar is made in India?

Video 97

Video Mobile Regional Knowledge Base 97

PYMNTS

APRIL 20, 2016

Ergo, the concern was that the device would constantly “hear” its name when it wasn’t actually being spoken to, come online and start attempting to place online orders for whatever it heard subsequently, ostensibly on behalf of its owner. All interested innovators (and what innovator isn’t interested in Alexa?)

Innovation 100

Innovation Online Retail Community 100

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. In 2010, LendingClub added to its war chest with a $24.5 The DOJ Finding.

Lending 135

Lending Fraud Management San Francisco 135

Tefkin

JUNE 3, 2014

On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades. It is limiting to define these businesses as just online, their capacity to craft a digital experience in line with the expectations of the younger generations is unmatched by traditional financial services players.

Industry 42

Industry Management Innovation Analysis 42