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.

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Online Company Retail Payments 98

Bank Innovation

FEBRUARY 28, 2018

With seven million active monthly users in December 2017, according to its fourth quarter earnings yesterday, the company’s Square Cash app—launched in 2013—is more popular than one might have thought; In any case, Square has not previously released usage numbers for the mobile.Read More.

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Bitcoin Capital Lending Online 259

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

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Fintech Financial Technology Technology Operations 170

William Mills

DECEMBER 12, 2017

Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. The company recently surpassed $1 billion in loan requests since it was established in 2013.

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Conference Innovation Lending Customer Experience 40

Banking 2020

DECEMBER 3, 2015

Financial services organisations in China are expected to shine a light for the rest of the world when it comes to innovation in the banking sector in the coming years, with the primary drivers being non-traditional companies that are looking to develop new payment solutions and platforms. At the turn of the millennium, just 1.8 ”

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Innovation Payments Lending Financial Technology 40

PYMNTS

JUNE 17, 2016

A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest. The really interesting, though less juicy, story is what got Lending Club into trouble.

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Bitcoin Lending blockchain Fintech 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. lending marketplace. Attorney Alex Tse. “We The Response.

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Lending Fraud Management San Francisco 135

Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. Payment platform for online businesses and processors. Founded: 2013. The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. HQ: London.

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CB Insights

DECEMBER 19, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. The online insurtech company was launched in 2013 in a joint effort by China-based tech giants Alibaba, Tencent, and Ping An. amid a difficult climate for China’s online lenders). in March 2019.

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Fintech Regional Analytics Groups 51

PYMNTS

NOVEMBER 16, 2017

Mary’s has since occupied the same site, constructing a new building in 1970 and replacing that structure with its current headquarters in 2013. According to Senus, the CU emphasized a “conservative approach” in its lending decisions to emerge successfully from the difficult economic environment. “We PYMNTS recently spoke with St.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

JUNE 10, 2016

But Circle, which has grown quickly since founding in 2013, comes well-financed and with a clear vision for what it wants to be — the firm that uses bitcoin (and other digital currency) as the tech that can transfer any currency anywhere. Kennedy School of Government.

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Regulation National Austin Fintech 100

Fintech Labs Insights

MAY 13, 2015

CUneXus showed off cplXpress : “Our cplXpress platform allows lending institutions to empower their customers with perpetual loan approval across multiple product lines. Product Launch: December 2013. The post CUneXus Demos Comprehensive PreScreened Lending Platform appeared first on Finovate. HQ: Santa Rosa, CA.

Lending 12

Lending San Francisco CA Mobile 12

CB Insights

FEBRUARY 1, 2019

orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. Two that are already seeing lots of activity are payments and lending. Meanwhile, alternative lending is also seeing strong growth, with P2P fintech platforms distributing $1.4B

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Policies Lending Operations Examples 61

CFPB Monitor

MARCH 10, 2017

Based on its previous biennial reviews, the CFPB issued its first and second reports to Congress in, respectively, October 2013 and December 2015. Innovation. Online and mobile accounting servicing. The request is intended to inform the CFPB’s biennial review of the credit card market mandated by the CARD Act.

Cards 68

Cards Comparison Trends Marketing 68

Fintech Labs Insights

MAY 12, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. 1,050,000.

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Atlanta Utah DC Detroit 15

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2013.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2013.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2013.

Atlanta 15

Atlanta Utah Miami DC 15

PYMNTS

APRIL 17, 2017

In the case of Square — the payments innovator that launched hundreds of mPOS imitators — the small problem was $2,000 worth of handblown glass that artisan Jim McKelvey couldn’t close the deal and sell. Launched in 2014 as the firm’s lending arm, Square Capital has extended over $1 billion in working capital to over 100,000 small merchants.

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Apple Capital Cards Payments 110

Fintech Labs Insights

MAY 16, 2017

The fifth annual list names private companies “whose innovations are changing the world” and meet additional criteria according to CNBC’s methodology. Debuted the Payoneer Commercial Account at FinovateAsia 2013. A unique, online lending company that prides itself on social finance. Launched: 2005.

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New York Analysis Compliance Lending 17

Fintech Labs Insights

MAY 18, 2015

New investors included Cooley LLP, Data Collective, Stanford StartX Fund, and Core Innovation Capital, whose founder and managing partner, Arjan Schütte, will join the Vouch board of directors. If you didn’t think P2P lending could get any more “P”, then you don’t know Vouch. Lee is also a PayPal veteran.

Innovation 12

Innovation San Jose San Francisco Capital 12

Independent Banker

JULY 30, 2015

ICBA Mortgage program provides community banks with access to various mortgage lending products and services, including secondary-market service companies. They have access to additional online tools to more efficiently manage their portfolios, including the QwickRate Cost of Funds Calculator.

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Resources Tools Community Bank Community 70

CB Insights

OCTOBER 29, 2018

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. In 2013, Microsoft CEO Steve Ballmer saw an opportunity in Nokia, a Finnish phone company that was losing ground to competitors. Date: May 20, 2013. Price: $1.1B.

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Google Software Innovation Company 76

Fintech Labs Insights

JUNE 13, 2016

Ask alternative online broker Motif Investing. ” Or check with cloud communications and authentication specialist Twilio , a FinDEVr alum ( FinDEVr San Francisco 2015) enjoying its third consecutive year on CNBC’s Disruptors List of companies “whose innovations are revolutionizing the business landscape.”

San Francisco 12

San Francisco Lending Capital Innovation 12

CB Insights

AUGUST 23, 2018

Chase prioritizes hiring technical talent to lead innovation. Chase prioritizes hiring technical talent to lead innovation. Beyond traditional recruiting channels, JPM is also leveraging its recent $300M+ acquisition of online payments service provider WePay to attract talent in Silicon Valley. Table of Contents. Mobile apps.

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Cards Mobile Strategy Branding 76

Tefkin

MAY 6, 2015

Online comparators have brought unheard of transparency in pricing. However with online distribution channels becoming increasingly primary channels, will the insurance agent suffer the same fate as the bank branch? At core, the Insurance industry is impacted by the same underlying trends as the Banking Industry: Transparency.

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Industry Examples Google Big Data 50

PYMNTS

OCTOBER 8, 2019

When Affirm launched in February 2013, the point-of-sale (POS) financing marketplace in the U.S. In the last 12 months alone Square , Mastercard , PayPal and Chase have all rolled out POS installment lending products or enhancements as the market continues to pick up popularity among consumers, particularly younger ones.

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Lending Cards Apple Google 159

CB Insights

SEPTEMBER 10, 2019

As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. This openness to banking alternatives presents opportunities for fintech startups looking to innovate in financial services from the outside.

Millennials 77

Millennials Mobile Lending Cards 77

Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The KSB Lends a Hand program took anniversary funds totaling $20,000 and distributed them to more than 100 local organizations. “We

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Community Bank Community National Fresno 196

PYMNTS

SEPTEMBER 5, 2016

The latter said earlier this month that it would buy Jet.com, focused on household goods and groceries, a move that spurred PYMNTS CEO Karen Webster to mull a retail rivalry gaining in intensity, especially in online sales (and it should be noted that Jet’s prices are competitive and, in many cases, lower than Amazon’s). The read across here?

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Payments Apple Retail Online 100

CB Insights

MAY 23, 2019

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Pixelon: Online video vaporware. The Macro was allegedly used from Zenefits’ inception in 2013 until the summer of 2015, when Zenefits’ board was first alerted to its use. But the model doesn’t always work perfectly.

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Fraud Las Vegas Company Video 78

CB Insights

AUGUST 1, 2017

Get all the latest data on innovation, startups, & disruption. Deals were just shy of the record set in 2013, which saw 38 investments worth approximately $332.7M Financial services: CommonBond is a marketplace lending platform for student loan financing. Exit activity. Industry heatmap. New vs. follow-on. in financing.

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Capital Software Google Company 34

PYMNTS

MAY 20, 2016

The payments world got a pretty good look into the power of software to enable payments innovation this week. Just two days ago, we also saw how Google plans to use its software platforms to enable a variety of payments innovations across all of the channels consumers might like to use it, including the mobile browser. Lending Club.

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Retail Software Las Vegas United States 101

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

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Innovation blockchain Technology Groups 78

CB Insights

SEPTEMBER 19, 2017

We also charted the share of unicorns that have been added to the club each year since 2013 by location (US vs. non-US). In 2013, over 70% of companies that achieved unicorn status were US-based. Rounding out the top 3 are electronics company Xiaomi ($46B) and online lending platform Lu.com ($18.5B). DJI Innovations.

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US Company Capital Groups 78

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter.

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Community Bank Apple Community Technology 60

Fintech Labs Insights

SEPTEMBER 26, 2016

The bank anticipates the investment will expand its footing in the fintech sector; CEO Wayne Matters describes the partnership as a “perfect example of our approach to innovation, customer service and new product opportunities.” Westpac was believed to be the first bank to take an equity stake in a P2P lending organization.

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Lending Examples Innovation Fintech 12