Fintech Labs Insights

NOVEMBER 10, 2023

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.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

PYMNTS

JANUARY 15, 2020

Founded in 2012, EBANX originally processed payments for Brazilian clients of global websites and recently expanded to offer services to Brazilian eCommerce platforms. With an EBANX account, customers will get a card with 5 percent cash-back rewards and app-based payments features.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

DECEMBER 9, 2019

Although the number of adults with bank accounts has been steadily rising and is up 7 points since 2012, African countries – especially in the sub-Saharan and West African regions – are trailing the rest of the world. While rates in Ghana are higher, fewer than 60 percent of residents have a Ghana ID card.

Regional 131

Regional Compliance National System 131

PYMNTS

JUNE 1, 2020

That is why it is critical for FIs to build out networks that can handle an increased amount of transactions or swiftly analyze large reams of data, according to Ali Niknam , CEO and founder of European digital bank Bunq. We do not think in a traditional sense that one bank account equals one user equals one card.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

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.

Innovation 15

Innovation Fintech Online Mobile 15

Accenture

SEPTEMBER 22, 2019

Traditional banks have responded by innovating and creating their own digital banking brands—witness the launches of RBS’s Bó and HSBC’s Connecting Money app. The incumbents’ approach usually involves running parallel propositions and launching lower-cost digital frameworks to attract new users. Cybersecurity.

Innovation 150

Innovation Metro Apple Marketing 150

CB Insights

DECEMBER 10, 2020

Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Investment banking. Consumer payments.

America 101

America Lending Cards San Francisco 101

PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . Though it is often attributed to a shareholder letter, a quick look at every shareholder letter Bezos has written since 1997 reveals that’s not true.

Innovation 222

Innovation Data System Mobile 222

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But the online shift has also created opportunities for financial institutions to demonstrate their strong fraud controls in the digital space.

Customer Experience 59

Customer Experience Survey Fraud Cards 59

PYMNTS

OCTOBER 17, 2018

GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. The industry is looking for basic banking services,” she said. “The The industry is looking for basic banking services,” she said. “If

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

AUGUST 26, 2016

Clydesdale Bank, Yorkshire Bank and digital banking service B began supporting Apple Pay for U.K. The banks have filed a request with the Australian Competition and Consumer Commission to require Apple to allow third-party digital wallet apps to be installed on iPhone hardware. cardholders a week ago.

Apple 100

Apple social media Retail Strategy 100

Fintech Labs Insights

JUNE 29, 2021

NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) . Leading USA Digital Small Business Insurers. Cake Insure (Pinnacol). Stable Insurance.

Online 15

Online DC Denver Atlanta 15

Fintech Labs Insights

JULY 24, 2015

On Fridays, I try to post a new digital banking feature I’ve discovered recently. But with nothing to report this week, I will instead take the easy route and make a request for a new feature: Digital Banking Feature Request: Transaction annotation by email. what did I pay last month for cable?).

Cards 12

Cards Digital Banking Taxes Resources 12

CB Insights

AUGUST 23, 2018

Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. JPM boasts an industry leading credit card network. JPM’s evolving suite of digital banking apps.

Cards 76

Cards Mobile Strategy Branding 76

Fintech Labs Insights

FEBRUARY 2, 2021

New in January: Newborns: Digit Insurance : The Indian insurance startup, now valued at $1.9B, was founded in 2016 and has raised $250M. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. It is the 7th fintech unicorn based in India, and the 4th most valuable.

United States 15

United States Fintech Utah Lending 15

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. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

JUNE 7, 2021

3 international bank clients. Glia : Digital customer service platform. Founded: June 2012. Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (June 2021). Online Digital Banks for Small Businesses (SMB) May 2021. Traction : – 450,000 B2C customers in Sweden/Norway. –

Fintech 15

Fintech New York Colorado Online 15

Fintech Labs Insights

NOVEMBER 19, 2021

Digital Lenders: Year Founded. 2012 to 2015 >>> 13. Digital Lenders (ranked by our FAB score*). Founded: 2012. Founded: 2012. Only 4 surviving lenders were launched prior to 2007. Whereas, 3 of the 6 largest were founded in 2007, 2008, and 2009. Prior to 2007 >>> 4. CAN Capital. Lendistry.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

AUGUST 26, 2020

Stripe (YC 2009) is the most valuable private fintech company outside of China ( see full fintech unicorn list ), valued at $36B in its April 2020 round Coinbase (YC 2012) is the 9th most valuable fintech (outside of China), valued at $8B in its last round (Oct 2018), but most likely above $10B now. Year Fintech. in revenue.

Fintech 12

Fintech Cards Lending cryptocurrency 12

NCR

JANUARY 9, 2017

percent in 2012. For the banking industry, the strong performance of the country’s economy – despite challenges such as falling oil prices – has opened up many opportunities for growth and revenue generation. The United Arab Emirates (UAE) has enjoyed consistent economic growth for the past six years.

Innovation 40

Innovation ATM Industry Trends 40

Fintech Labs Insights

DECEMBER 2, 2021

NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) . Leading USA Digital Small Business Insurers ranked by our FAB score (Fintech Attention Barometer*).

Online 15

Online Denver DC Atlanta 15

Fintech Labs Insights

JANUARY 4, 2016

Urban FT has reimagined the traditional banking experience by enabling customers to not only track their spending, but also engage with the purchasing experience. Using the Urban FT platform, prepaid card issuers and telco companies are able to offer white-labeled digital banking services. Facts: Founded: 2012.

New York City 12

New York City New York Tools Digital Banking 12

Fintech Labs Insights

OCTOBER 20, 2020

Description: Co-browsing, document sharing and video chat for digital customer service. Founded: 2012. Description: Automated expense/card management solutions for SMB customers. Related: Digital Banking Challenger AidBanc Tackles the Money Management Headaches of Global Non-Profits (Fintech Startup of the Week).

Fintech 15

Fintech San Francisco NJ Arkansas 15

Fintech Labs Insights

JUNE 27, 2023

NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? The post Top 18 Digital & Online Insurance Providers for Small Businesses (SMB): June 2023 first appeared on Fintech Labs SMB Center.

Online 15

Online Denver San Francisco DC 15

Fintech Labs Insights

SEPTEMBER 25, 2015

Similarly, it has not opened up its UK system to developers, though they can use Fidor’s existing Euro APIs until the bank launches a wider integration. Fidor is currently focused on developing a current account and savings bond service, and will soon launch additional features, such as a debit card and mobile app.

San Francisco 12

San Francisco Bitcoin Community Conference 12

Fintech Labs Insights

JANUARY 15, 2016

.” He added that imaginBank would “secure greater loyalty” among the 18-to-35-year-old bank customer, as well as boost new customer acquisition. CaixaBank joined fellow Finovate alum PayPal on stage at FinovateEurope 2012 in London. imaginBank also offers consumer financing of up to €15,000 with no arrangement fee.

Millennials 12

Millennials Mobile social media ATM 12

Celent Banking

JANUARY 23, 2017

Over its ten years of existence, Celent’s Model Bank programme has always changed and evolved. In the last few years we have been awarding multiple initiatives in a small number of categories – for example, last year we had four winners in Digital Banking Transformation, the busiest of seven categories.

Risk Management 100

Risk Management Innovation Case Study Boston 100

Fintech Labs Insights

NOVEMBER 22, 2021

Mar 2021 round. 5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. New Zealand. Accounting. Checkout.com. Jan 2021 round. 5 Nov 2021. Plaid Technologies. April 2021 round. Infrastructure. Oct 2021 round. One97 (PayTM). 22 Nov 2021. Dec 2019 round.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

JULY 7, 2021

Tinkoff Bank. 1 July 2021. United States. Mar 2021 round. United States. 1 July 2021. Netherlands. 1 July 2021. United States. June 2021 secondary transactions. United States. June 2021 round. 1 July 2021. 1 July 2021. New Zealand. 1 July 2021. United States. 1 July 2021. United States. One97 (PayTM). Nov 2019 round. Secondary May 21.

United States 15

United States Fintech Bitcoin Capital 15

Fintech Labs Insights

AUGUST 10, 2021

Danish card company Pleo. German neobank Solaris Bank. New in July: #36: Caymen Island crypto exchange Bullish announced a SPAC worth $9.3B. #61(t): 61(t): $4B USA investech iCapital Network. #61(t): 61(t): $4B USA payments company Bolt. 132(t): $1.7B 134(t): $1.6B USA SMB neobank Mercury Technologies. 134(t): $1.6B 139(t): $1.5B

United States 15

United States Fintech Technology Company 15

Fintech Labs Insights

JUNE 3, 2021

Tinkoff Bank. 3 June 2021. United States. Mar 2021 round. United States. 3 June 2021. Netherlands. 3 June 2021. United States. 3 June 2021. Feb 2021 round. 3 June 2021. Jan 2021 round. United States. 3 June 2021. United States. One97 (PayTM). Nov 2019 round. Secondary market May 21. United States. Checkout.com. Jan 2021 round. United Kingdom.

United States 15

United States Fintech US Technology 15

CB Insights

APRIL 29, 2019

A combination of the dream alchemist and innovation evangelist, the innovation alchemist — employed by USALLIANCE — is entrusted with the responsibility of “modernizing traditional digital banking processes” and “delivering ‘shiny penny’ experiences to our membership base.”. Digital Prophet. Software Ninjaneer.

Innovation 78

Innovation Software Taxes Google 78

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. THE BANKING AWARDS. It’s hard for any banker to avoid gulping at the sheer long-term performance of George Gleason II and his team at the Bank of the Ozarks. And the winners are …. GonzoBanker of the Year. The result?

Community Bank 60

Community Bank Apple Community Technology 60

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. But came here to talk about BankJoy API –Which provides advance banking out of the box. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. Easy mobile to gift card app.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

MAY 15, 2019

It is also looking at integrating banking solutions into wearables and how the internet of things (IoT) could improve the customer experience. Notable projects: Card Free Access is a program developed out of the lab that allows Wells Fargo Banking customers to access ATMs through a variety of methods without their cards.

Innovation 78

Innovation blockchain Technology Groups 78

CB Insights

JUNE 17, 2020

As far back as 2012, proponents were predicting that 3D printing would usher in a “third industrial revolution.” While 40% of small businesses remained nonoperational due to the pandemic, 27% of those that continued to accept on-premise payments reported an increase in contactless payments made through smartphones and contactless cards.

Industry 101

Industry Technology Online Video 101