PYMNTS

MARCH 22, 2018

Founded in 2011, Sift Science plans to use this latest round of funding to grow its fraud detection and prevention product globally. Our customers, who span the spectrum from top FinTech innovators to Global Fortune 500 institutions, have validated this view by partnering with us to solve extremely hard problems.”.

Fraud 108

Fraud Atlanta Capital Big Data 108

Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. If looking for a FinTech (seven) partner, follow your vendor management procedures.

Fintech 60

Fintech Capital Cards Bitcoin 60

PYMNTS

AUGUST 21, 2018

One of the latest signs of that comes this month from Germany, where Hamburg-based Deposit Solutions , a company that launched in 2011 and sells open banking technology, recently announced it had raised $100 million in capital in a round led by Vitruvian Partners, a Munich private equity firm.

Regulation 100

Regulation Fintech Data Capital 100

Fintech Labs Insights

FEBRUARY 22, 2022

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Phantom Technologies. Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). Dec 2021 round. Blockchain.com. Mar 2021 round.

Fintech 15

Fintech Bitcoin blockchain Lending 15

Celent Banking

NOVEMBER 17, 2015

The lack of “just right” solutions for many small business financial problems has been a golden opportunity for FinTech firms. In the FinTech space, much of the focus is on consumer-oriented solutions like Mint for financial management, Venmo for P2P payments, and Prosper for social lending.

Report 100

Report FDIC Lending Fintech 100

Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. It’s currently tied for 96th most valuable across all fintech, and 36th most valuable payments company. Full Fintech Unicorn List. 2-feb-2021.

United States 15

United States Fintech Utah Lending 15

Fintech Labs Insights

SEPTEMBER 21, 2020

The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Founded: 2011. Digital Assets. HQ: London. Founded: 2016.

Innovation 15

Innovation Fintech blockchain Capital 15

Jeff For Banks

MARCH 3, 2018

More talk about fintech, dinosaur bankers, and flavors of the month. When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. Online book stores. In 1998, they decided "why don't we sell everything online?" It's proprietary technology gives consumers a virtually paperless experience.

Apple 66

Apple Millennials Massachusetts FDIC 66

Fintech Labs Insights

OCTOBER 7, 2016

Panowicz, who worked for fellow Finovate alum mBank as Senior Director and Managing Director from the fall of 2011 to the spring of 2015, will be responsible for Kreditech’s product and technology departments. Founded in 2012 and headquartered in Hamburg, Germany, Kreditech demonstrated its technology at FinovateSpring 2014.

Technology 19

Technology Boston Leadership Conference 19

Fintech Labs Insights

AUGUST 12, 2014

By most measures, Y Combinator (YC) is far and away the most important incubator in the technology space. Fintech (note 1) has been part of YC from the beginning. The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies. You are almost guaranteed a multi-million funding. During the past 4.5

Fintech 26

Fintech Bitcoin Cards Online 26

PYMNTS

DECEMBER 24, 2020

Considered an online version of a dollar store, ContextLogic looked in many ways like the next Amazon. billion — not bad, but far below what other major online retailers are seeing. Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016. Wish ($17 billion).

US 230

US Company Report Payments 230

Fintech Labs Insights

NOVEMBER 18, 2015

Fidor Bank won in the “Best Use of IT in Retail Banking” category at the 16th Annual Banking Technology 2015 awards this week. The winning companies were chosen from more than 120 entries by eight judges from the fintech industry. The company’s last Finovate appearance was at FinovateEurope 2011 in London.

Technology 12

Technology San Francisco Fintech Risk Management 12

Celent Banking

MAY 22, 2017

I would encourage anyone interested in this to look at the full video online , but here are some highlights and my takeaways. This is not the first time that Google made interesting announcements around payments – back in 2011, Google Wallet generated a lot of excitment among all of us following mobile payments.

Google 128

Google Cards Conference Video 128

Fintech Labs Insights

OCTOBER 11, 2016

Lloyds Banking Group will be the first European institution to use “phone printing” technology to help fight fraud. The technology uses 147 unique call features such as location, number history, and call type to defend against many common fraud tactics such as ID spoofing, voice distortion, and social engineering.

Groups 12

Groups Technology Georgia Fraud 12

Jeff For Banks

JULY 5, 2022

And products started migrating online. There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. This is why online banks can pay higher interest rates. Banks were permitted to branch wherever they wanted. There was deregulation as to products and pricing. billion in total assets.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

Independent Banker

NOVEMBER 25, 2015

But now his current role is to focus entirely on developing forward-looking financial retail offerings, including mobile and online banking, card technologies and other emerging channels and devices. “We Rockland Trust launched mobile banking and mobile deposit options in 2011, taking an early lead over many of its largest competitors.

Innovation 70

Innovation Community Bank social media Community 70

Accenture

MAY 22, 2019

It found that from 2011 to 2017, net interest income for digital leaders shifted away from fee income, down 7 percent, to interest net income, up 7 percent, while the rest saw the exact opposite effect with fee income increasing and net income decreasing. Deposits, more than transaction fees, are critical to banks’ economic models.

Payments 150

Payments Customer Experience Survey Capital 150

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: 2011. AMP Credit Technologies. AdviceGames.

Fintech 12

Fintech San Francisco Lending Innovation 12

Fintech Labs Insights

MAY 12, 2015

Making their way to the stage next is Trulioo with its ID verification technology. Trulioo’s bank-grade identity verification product, GlobalGateway, enables businesses to perform frictionless online identity verification for more than 38 people in over 40 countries via 140 data sources – the widest coverage in the market.

Online 12

Online Compliance Fraud Regional 12

NCR

JULY 14, 2017

That’s despite the fact that, between 2011 and 2014, the proportion of adults that hold an account increased from 42 percent to 75 percent. ” Emerging technologies. “The conference emphasized opportunities for partnerships with banks to advance the online finance industry,” Ms Miller revealed.

ATM 80

ATM Industry Conference Bitcoin 80

Fintech Labs Insights

AUGUST 17, 2015

Four out of the top 100 companies are Finovate alums: Kabbage , provides working capital to small businesses online. 2011 revenue: $62,000. WePay , payment technology provider for online platforms and marketplaces. 2011 revenue: $57,000. Prosper , online P2P lending platform. 2011 revenue: $2.2

San Francisco 12

San Francisco CA Atlanta Big Data 12

Fintech Labs Insights

MAY 1, 2016

A look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. We are working to expand the use of EMV chip technology and tokenization to protect consumer’s payments and identity in the online world. EMV chips can eliminate online fraud by proving the card is present. Register today.

Online 12

Online Fraud Cards Fintech 12

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech.

Cards 101

Cards Lending Strategy US 101

Fintech Labs Insights

DECEMBER 22, 2015

2015 was another big year for mergers and acquisitions in the fintech industry. Because the terms of many deals were undisclosed, it is difficult to get a precise number on how much money was spent acquiring some of fintech’s most promising startups this year. Q2 (formerly Q2ebanking), FinovateSpring 2011. Holy Yodlee!

Analytics 12

Analytics System Fintech US 12

Fintech Labs Insights

NOVEMBER 9, 2016

” Holvi chairman of the board Martti Granberg pointed to Suominen’s experience in building online services and businesses around the world as one major plus of the hire. He is a graduate of the Finnish Naval Academy, the Helsinki University of Technology, and the International Institute for Management Development.

Digital Banking 15

Digital Banking America Technology Management 15

Fintech Labs Insights

AUGUST 24, 2016

” “Our mission is to create a layer of trust online, a digital world where you can trust that people really are who they say they are,” he added. Launched in the fall of 2014 , DirectID provides an “all-in-one solution” that is especially effective for the affordability testing in high-value, online transactions.

Meeting 12

Meeting North Carolina Fraud Online 12

Fintech Labs Insights

SEPTEMBER 28, 2016

” Pictured: CTO and co-founder Simon Scheurer demonstrating Qumram’s technology at FinovateFall 2016. Qumram’s technology provides a 100% digital audit trail across all channels including online, social, and mobile.

social media 12

social media San Francisco Video Compliance 12

Fintech Labs Insights

AUGUST 18, 2016

More than 200 startups from fields ranging from IT and fintech to e-health and smart homes competed for the opportunity to be one of ten companies to pitch their ideas this week before the Swisscom jury of technology specialists. Founded in 2011, Qumram demonstrated its technology at FinovateSpring 2016.

San Francisco 12

San Francisco social media New York Fintech 12

Fintech Labs Insights

MAY 5, 2017

Signifyd launched in 2011 to mitigate e-commerce chargebacks and this week landed $56 million to continue the fight. Signifyd will also scale its fraud protection technology to serve enterprise merchants in the U.S., The company will use the funds to expand its team of engineers and fraud experts. Europe, and Asia.

San Francisco 15

San Francisco Fraud Capital Course 15

Fintech Labs Insights

APRIL 4, 2017

The company’s Japanese arm landed a major partnership today with China-based Tencent Financial Technology, the parent company of WeChat Pay services. InComm’s POSA technology leverages WeChat Pay-issued barcodes to enable users to make payments at the point of sale at more than 50,000 retail locations in Japan.

Atlanta 14

Atlanta Retail Financial Technology Technology 14

Fintech Labs Insights

FEBRUARY 14, 2017

The technology is geared toward millennial and Generation Z customers, the company explained from the Finovate stage last week, to deliver a user experience that incorporates emotion, creativity, and logic into financial decision-making. “Our technology, however, is an invitation to active discovery.”

Digital Banking 20

Digital Banking User Experience Millennials System 20

Lex Sokolin

OCTOBER 14, 2020

Everyone complains about Amazon, but we all shop online. Peerless Lending Lending Club represents an era of Fintech credit. This section is a warning shot to Compound, Aave, and the rest of the DeFi protocols that think that redefining technology redefines market structure, human nature, and micro-economic behavior.

Lending 52

Lending User Experience Google United States 52

Fintech Labs Insights

MARCH 7, 2016

“We’re excited about Holvi as we share a vision about the benefit of technology for the customer,” BBVA’s Teppo Paavola said. Holvi accounts provide automatic financial statements, including a real-time update of VAT balance, and can be used to send invoices and even set up an online store.

Regional 12

Regional Fintech Technology Tools 12

PYMNTS

MARCH 10, 2017

One industry that’s looking to turn that around for the country is technology startups. In this week’s Tech Center tracker, Mary Gavala, Online Marketing and Promos Manager of Viva Wallet , spoke with PYMNTS on how Greece is becoming a hot spot for tech. PYMNTS: What is Greece’s FinTech sector like?

Industry 118

Industry Los Angeles Technology Fintech 118

Fintech Labs Insights

FEBRUARY 8, 2017

After two days of live demonstrations of some of the most novel innovations in fintech, our FinovateEurope audience has made its voice heard as to which technologies represent the Best of Show. Backbase for showing how artificial intelligence and PSD2 can turn a mobile app into a smart virtual assistant. We’ll see you next year!

Conference 12

Conference User Experience Innovation Technology 12

Fintech Labs Insights

DECEMBER 1, 2015

.” For all the innovative methods for risk profiling – from Big Data to Social Media – the information available from credit reference agencies like Equifax remains as critical for online lenders as it is for offline lenders. Join hundreds of fintech fans in London in February for FinovateEurope 2016.

San Francisco 12

San Francisco social media Lending New York 12

Fintech Labs Insights

SEPTEMBER 13, 2016

The funding, which takes Signifyd’s total to $50 million , will help the company grow its infrastructure and continue to enhance its machine learning technology. Founded in 2011 and headquartered in Palo Alto, California, Signifyd demonstrated its Guaranteed Payments technology at FinovateSpring 2013.

San Francisco 12

San Francisco Fraud California Technology 12