Remove 2012 Remove Fintech Remove Marketing Remove Millennials
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What is Fintech? (An interactive illustration)

Alex Jimenez

What is Fintech? Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report. Fintech Growth.

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OnePlus Brings Mobile Payment Platform To China

PYMNTS

In large markets such as China, the United States and India, mobile payment is very popular. In separate news from December, Xiaomi , the biggest smartphone company in India, is offering a credit platform meant to bring in millennials and young professionals in the country.

Mobile 108
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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. percent since 2012. According to the Federal Reserve , U.S.

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PayPal Deal, Connected Economy And Cyberwar Top Week’s News

PYMNTS

Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that includes a shopping assistant and rewards program. The Collison brothers had founded Stripe, but it would be a year before it would be in-market. Battle For Millennials. PayPal Finalizes $4B Honey Acquisition.

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers? Profitability.

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Unbundling Bank Of America: How The Traditional Bank Is Being Disrupted

CB Insights

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. Tech companies are chipping away at the traditional bank’s market share. This makes the sector an attractive target for fintech companies. .

America 101
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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity

PYMNTS

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.” . A trillion-dollar market cap later, it’s hard to argue Amazon’s effectiveness, quote attribution notwithstanding. Emerging Entry Points.