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. And each January, we ranked all previous recipients into a master list.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

AUGUST 29, 2016

It’s now possible to order everything online for in-home delivery from groceries to pet food to toilet paper, and consumers can usually get those items delivered to their doorstep overnight or in a manner of hours. Postal Service delivered 4.5 billion packages in 2015, a big jump from the 3.3 Scott Hooper, the U.S.

New Jersey 185

New Jersey Course National Strategy 185

Jeff For Banks

JULY 5, 2022

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. And products started migrating online. This is why online banks can pay higher interest rates.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

MAY 23, 2018

In 2011, it bought startup Hunch for that purpose, and launched its Setify tool in 2012 so users could build personalized collections and wish lists. It sold its business in nation to Flipkart , took a minority stake in the firm, and seemed content to let Amazon and Flipkart slug it out. That project, notably, has been ongoing.

National 108

National Retail Trends Tools 108

Accenture

MAY 22, 2019

I am excited to have Tim O’Donnell join our Payments team as a managing director and draw on his insights in developing this blog. Today, we are seeing a slowdown in commercial deposit growth broadly with flat or negative growth in pockets as deposits shift to the national banks. percent between 2017 and 2019, down from 5.1

Payments 150

Payments Customer Experience Survey Capital 150

PYMNTS

NOVEMBER 11, 2019

And while the last week had no shortage of players pushing ahead with big moves, there were three that managed to put up some pretty staggering early-season numbers. The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans.

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

JULY 12, 2018

Japan is the latest nation that Walmart has backed out of in the last 12 months, as its international priorities are shifting. When you look at the list of failures by foreign retailers in Japan, it is quite tough to imagine bringing in someone to manage a great turnaround story for Seiyu. In April, Walmart merged its U.K.-based

eBook 100

eBook Retail Marketing Report 100

BankUnderground

APRIL 6, 2022

Further, recent research on GSC risks has shown that inventory management helps firms mitigate GSC shocks. They can be concentrated (eg the 2011 Japan earthquake) or broad (eg the Coivd-19 pandemic). Most firms involved in GSCs are aware of idiosyncratic shocks – those which affect single sectors or factories in single nations.

Policies 96

Policies National Analysis System 96

PYMNTS

AUGUST 21, 2017

That garage is now a private museum and is listed on the National Register of Historic Places. That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground.

Online 128

Online Retail San Francisco Mobile 128

FICO

DECEMBER 13, 2019

In China, online P2P lending exploded in popularity, with the number of P2P lenders growing from 50 in 2011 to 6,000 in 2015. In India, online lending companies raised a record $909 million in venture capital last year (the third-biggest market behind the U.S. and China).

Regulation 52

Regulation Fintech Lending Branding 52

NCR

AUGUST 21, 2017

Pew Research Center released figures in January 2017 showing that 77 percent of Americans now own a smartphone, up from 35 percent in 2011. Today, half of Kenya’s citizens use the service and a quarter of national GDP flows through it. Smartphone ownership has been rising consistently for years and shows no signs of slowing down.

Mobile 81

Mobile ATM National Marketing 81

CB Insights

APRIL 17, 2018

Brian Singerman started his career as a Software Engineer for 3D online virtual-world company, There Inc. After 4 years with the company, Brian joined Google as a Software Engineer and inevitably rose to become an Engineering Manager. In 2011, Brian was promoted to Partner of Founders Fund where he still invests today.

San Francisco 71

San Francisco CA Capital Operations 71

NCR

JULY 31, 2016

This is particularly true in the UK, where new figures have recently highlighted just how reliant the nation’s consumers are on plastic when it comes to making payments. billion was spent online in the UK in April, a 14 per cent rise year-on-year. There are several reasons behind the continued rise of debit cards in the UK.

Cards 40

Cards ATM Payments System 40

CB Insights

AUGUST 16, 2017

in funding since 2011. Delhi and its surrounding NCR (National Capital Region) area came in a close second, at 29% each. Taxi-hailing company Olacabs has been funded to the tune of $2.54B and shares a few investors with Flipkart, including SoftBank Group and Tiger Global Management. India’s top cities by deals.

Regional 63

Regional Capital Groups New York 63

Fintech Labs Insights

SEPTEMBER 21, 2020

Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Personal Financial Management & Wellness. Founded: 2011. Payment platform for online businesses and processors. Digital Assets. Finalists: Lacero ( pitch ), SupraFin ( pitch ), Wirex (see pitch below). HQ: London.

Innovation 15

Innovation Fintech blockchain Capital 15

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. Consumers in developed economies now have unprecedented choice in how they make payments and manage their money. Financial exclusion isn’t just a problem for consumers.

ATM 80

ATM Industry Conference Bitcoin 80

Fintech Labs Insights

AUGUST 24, 2016

.’s two core business units, with miiCard Digital Passport “helping consumers own and manage their identities,” Varga explained, and DirectID B2B “more deeply embedding identity in business processes.” Founded in 2011 and headquartered in Edinburgh, Scotland, The ID Co. ” Growth of The ID Co.’s

Meeting 12

Meeting North Carolina Fraud Online 12

Independent Banker

OCTOBER 29, 2014

Fifty-four percent of millennials said, specifically, that they would prefer the local option, while 30 percent of them said they would rather bank at a national or international bank. The median number of texts sent by Gen Z per day was 100 in 2011, up from 60 in 2009. A true online generation. Text, text, text.

Millennials 110

Millennials Community Bank social media Community 110

Independent Banker

NOVEMBER 13, 2014

Fifty-four percent of millennials said, specifically, that they would prefer the local option, while 30 percent of them said they would rather bank at a national or international bank. The median number of texts sent by Gen Z per day was 100 in 2011, up from 60 in 2009. A true online generation. Text, text, text.

Millennials 87

Millennials Community Bank social media Community 87

Tefkin

MARCH 12, 2014

To give a few numbers, non-life insurance market world-wide in 2011 was estimated at $1,877.2 From a startup perspective, this creates an opportunity space in online brokerage, there is a small step from online distribution to online comparison and this type of void is filled quickly. billion the same year.

Comparison 34

Comparison Lending Examples Data 34

CB Insights

DECEMBER 4, 2019

Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. It’s likely that Amazon was too early to P2P payments.

Cards 101

Cards Lending Strategy US 101

Tomorrow's Transactions

APRIL 5, 2016

That “ rump cash ” (and I exclude various categories of post-functional cash from this definition) should be actively managed out of existence. Governments are responsible for managing the money supply, but they presumably want to the system to deliver an efficient money supply for the modern age. This is hardly a new thought!

Policies 30

Policies Retail Payments System 30

Lex Sokolin

OCTOBER 14, 2020

Everyone complains about Amazon, but we all shop online. Initially, the naive reaction of the labels was to build digital rights management into music players, and song files, and any teenager onto whom they could tattoo the letter of the law. trillion in assets under management in manufacturing and $3.3 And here’s the meat.

Lending 52

Lending User Experience Google United States 52

PYMNTS

SEPTEMBER 11, 2018

In terms of eCommerce, the company’s online sales skyrocketed following the campaign’s announcement. Kaepernick’s relationship with Nike is not new, as he has been a client since 2011. Edison Trends said that product orders jumped by 27 percent in the period spanning from Sunday to Wednesday over Labor Day weekend.

San Francisco 109

San Francisco Comparison National Trends 109

PYMNTS

MARCH 10, 2017

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: How does the startup and tech scene in Greece differ from other nations in Europe? Here is an excerpt of the conversation.

Industry 118

Industry Los Angeles Technology Fintech 118

PYMNTS

AUGUST 7, 2019

Securing digital identities on a federal level falls under the purview of the National Institute of Standards and Technology (NIST), a non-regulatory agency of the U.S. The National Strategy for Trusted Identities in Cyberspace. Any lapse in governmental security could have much farther-reaching effects. Department of Commerce.

Knowledge Base 118

Knowledge Base United States Security National 118

Fintech Labs Insights

APRIL 22, 2016

Featurespace showed its ARIC fraud manager at FinovateEurope 2016 in London. David has been awarded 11 prizes and scholarships for his academic and commercial achievements, including the 2011 ITC Enterprise Award for Young Entrepreneur. Finovate: What problem does Featurespace solve?

Fraud 12

Fraud Analytics System Customer Experience 12

PYMNTS

SEPTEMBER 8, 2018

With 12 words, one photo and a tweet, Nike has managed to capture the news cycle this week – and much of the market’s interest. Kaepernick’s relationship with Nike is not new, as he has been a client since 2011. That was not quite the point the nation took from the ad. Did you know your kid is probably gonna die soon?

Strategy 127

Strategy Branding social media Video 127

CB Insights

MARCH 6, 2019

A healthy culture of dissent may have helped the company focus on its product issues before they became a national scandal, but workers who raised red flags were ignored and, if they persisted, asked to leave the company. Select investors : Amazon, Hummer Winblad Venture Partners, Bowman Capital Management LLC. Takeaways & lessons.

Report 78

Report San Francisco Capital New York 78

CB Insights

JUNE 6, 2019

Declared Bankruptcy: 2011. By December 2011, it was under $30/kg. By September 2011, Solyndra’s business model had fallen apart. In tests conducted by the National Highway Traffic Safety Administration (NHTSA), The Coda was awarded a rating of 5 stars out of 5 for its side-impact and rollover tests. Founded: 2011.

Apple 78

Apple Branding Google Company 78

CB Insights

DECEMBER 7, 2017

In 2011, three banks accounted for half of new mortgage loans, according to the Washington Post. In 2011, just two of the top 10 biggest lenders were non-bank lenders. In order to offer online solutions, we must first understand their property, income, assets, and credit. Driver 1: New lenders increase the competition.

Millennials 69

Millennials Lending United States Technology 69

CB Insights

OCTOBER 31, 2019

Personal finance: Using chatbots to help people manage their spending. Customer journey: Using chat to get people from online to brick-and-mortar. From crawling financial documents to simplifying how users manage their money, chatbots are creating more efficient financial technology on both the back- and front-end.

Industry 78

Industry Examples Tools Retail 78

CB Insights

MARCH 26, 2019

Managing money that doesn’t go as far — when it’s not tied up in debt payments — hugely affects how millennials budget and spend. One popular explanation for this is that millennials are simply shopping less in physical locations in general, preferring to do their shopping online. Millennials are 6.4%

Millennials 78

Millennials Industry Trends Branding 78

CB Insights

JULY 19, 2017

National Medal of Science, Turing Awards, Kyoto Prizes, and many others. Founded: 2011. ” Their experts have partnered with about 500 startups a year since opening the first foundry in 2011; their newest facility opened in Houston in 2016. Founded: 2011. It boasts awards including Nobel Prizes, U.S. Founded: 2013.

Innovation 74

Innovation San Francisco Georgia Technology 74

CB Insights

NOVEMBER 9, 2017

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. Select VC Investors: Khosla Ventures, Alberta Investment Management Corporation, Artis Capital Management. via MDDI Online.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

SEPTEMBER 4, 2019

Over 1M millennial women are becoming mothers every year, meaning Gen Y now makes up the majority of annual births in the United States, according to the National Center for Health Statistics. Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

NOVEMBER 27, 2017

In the Asia Pacific (APAC) region, small businesses that sell online have a particularly difficult time finding a loan, especially from traditional sources, according to Yochanan Forman-Zvezhinskiy, head of eCommerce at Hong Kong-based SMB and corporate payments company Currenxie. Companies repay Currenxie directly from their Amazon sales.

Online 109

Online Regional Lending Operations 109