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. The last one, published in Jan 2014, featured 50 innovations (see below).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” The company owns 458 stores in the U.S., billion in 2013, representing a 2.10 Larger Trends.

Trends 101

Trends Retail social media Online 101

PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

Retail 100

Retail Branding Denver Management 100

PYMNTS

NOVEMBER 26, 2018

The move means that the company will end its JV that has been in place since 2013 with Yoox Net-A-Porter, which as the newswire stated helps third-party brands develop sites. By 2020, Kering will bring full control of its luxury brands online through its own internal activities, which include building tech teams, said Reuters.

social media 141

social media Branding Online Apple 141

PYMNTS

FEBRUARY 28, 2020

It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 Shift has been in the used car business since December 2013, born out of a series of frustrating experiences the founders had with car buying. trillion market in the U.S.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

FEBRUARY 6, 2020

The retail angle (outside of Nike’s own stores) is that the company is betting consumers will be attracted to environmentally friendly products, regardless of whether they have a “swoosh” or not. “The 6), marking his first television interview since taking the helm at the retailer last month. “It

Millennials 152

Millennials Miami Retail Examples 152

PYMNTS

MAY 31, 2016

If you look closely enough, it can seem as if online retailers are stuck in a kind of moth-to-the-flame dance with the consumers that fueled their rise. As merchants entice shoppers with promises of free or low-cost express delivery, those shoppers get hooked on the promise and demand it of every retailer they visit.

Retail 100

Retail Course Online Innovation 100

PYMNTS

JANUARY 15, 2020

Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. “Our software supports banks and credit unions, often with legacy systems that make true innovation extremely challenging, in bringing brand-new products to market at an unprecedented speed.”.

Fintech 131

Fintech US Software Retail 131

PYMNTS

MARCH 9, 2018

In addition, the retailer is expanding its brick-and-mortar portfolio and is aiming to have approximately 100 stores in the U.S. Warby Parker currently has 64 stores in markets the retailer carefully chose. We think the presentation by retail experts of ‘either [online] or [offline]’ is a false choice,” Blumenthal told CNBC. “It

Delaware 102

Delaware New York Retail Online 102

PYMNTS

MARCH 25, 2019

The retailer was showing many of the same symptoms of Q4 malaise as Macy’s , JCPenney and Neiman Marcus: lower-than-expected revenue, weak same-store sales performance and falling foot traffic. The retailer continued to shine in two areas: off-price sales and eCommerce sales.

Branding 134

Branding Retail Innovation Maine 134

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.

Fintech 170

Fintech Financial Technology Technology Operations 170

Bank Innovation

JUNE 14, 2018

RBC said Facebook allowed it access in order to “wind down” a payments app it first unveiled in 2013. […]. Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so.

social media 186

social media Data Payments Company 186

PYMNTS

JANUARY 7, 2019

The GAO said it had seen — through interviews with 11 FinTech firms — loan volume grow by sevenfold, while collaborative efforts with banks continued to grow from 2013 to 2017.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JANUARY 31, 2019

There is no shortage of places to buy furniture online. A collaboration between Aamir Baig, Fraser Hall and twins Sam and Andy Prochazka, the Vancouver-based company launched in May 2013 after the four came up with the idea over pancakes at an IHOP. We don’t hire out third parties to do our delivery — most of our competitors do.

Los Angeles 123

Los Angeles Training New York Retail 123

PYMNTS

NOVEMBER 30, 2019

The holiday season isn’t only about retail and payments. billion in 2013, according to the market research group Euromonitor International. billion in 2013, according to the market research group Euromonitor International. It’s about family and friends – and killing time with those relatives and pals. Yes, board games.

Trends 211

Trends Texas Retail Groups 211

CB Insights

JANUARY 6, 2019

The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Get the 54-page retail report.

Innovation 77

Innovation Retail Branding Technology 77

PYMNTS

FEBRUARY 14, 2019

A report this week said that an online used-car platform in that country called BeliMobilGue has raised $10 million in fresh capital in a Series A funding to help expand its offerings. Consumers who want to sell their cars via that platform reportedly seek an online price estimate. “If Take Online auto retailer Vroom.

Capital 117

Capital Online Report Maine 117

PYMNTS

SEPTEMBER 18, 2018

One of the cases involves a company called Innovative Paycheck Solutions. The site offered visitors the choice to customize their documents and to edit real bank statements, touting its ‘Custom Fake Pay Stub’ and ‘Fake Pay Stubs Online, Quick, Easy, Accurate Pay Stubs,” the agency said. He was ordered to pay $133,777.

Taxes 134

Taxes Fraud Operations Security 134

Celent Banking

DECEMBER 15, 2015

Thanks to the mBank’s business achievements and potential of the brand as first and the biggest internet bank in Poland, BRE Bank Group decided in 2013 to change company name to mBank. Rather than copying other financial institutions, mBank sought to deliver a best-in-class digital experience inspired from the world’s best retailers.

Branding 100

Branding Retail social media Video 100

PYMNTS

SEPTEMBER 12, 2018

A lifestyle brand for millennial buyers with an eye for design – but perhaps not the pocketbook for designer prices – the watch and accessories startup MVMT started on its path in 2013. After doing some research on suppliers, the duo found quite a staggering gap between wholesale and retail prices in watch brands.

social media 101

social media Branding Millennials Groups 101

PYMNTS

JANUARY 1, 2019

years in 2013, according to a recent estimate. Even if one or more of them fail to materialize, talk will continue about these IPOs, which itself will help guide the thinking and moves of industry peers, competitors and innovators. years in 2017, up from 6.9 An IPO reportedly could happen in the second half of 2019. The latest?

Payments 223

Payments social media Analytics Capital 223

PYMNTS

JUNE 14, 2016

Retailers as dependent on a brick-and-mortar footprint as Macy’s don’t always have the luxury of fixes to pick from if their stocks experience the continuous slide that the former tentpole brand’s has. Some of it may crash and burn, but you have to listen to the consumers.”. That’s what happened to former J.C.

Branding 100

Branding Columbus Ohio Retail 100

PYMNTS

NOVEMBER 30, 2020

True to form, the online giant is currently offering deeply discounted Echo Buds and Halos to not only entice fitness-minded holiday shoppers, but also get a jump on the perennial surge in New Year’s health kicks that start in January. Innovations Are Just Beginning . The COVID-19 Angle . Or at least it’s amended marketing strategies.

Google 183

Google Examples Innovation Apple 183

PYMNTS

JANUARY 28, 2019

Card networks, under pressure from regulators, modified their rules in 2013 to allow merchants to surcharge – basically ending the ban – under very specific conditions and with very tight parameters for how to calculate that surcharge. Merchants, especially in an increasingly tough retail environment, just want the sale.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

AUGUST 5, 2016

What’s the hottest new industry in retail? men report shaving less often, grooming innovations, such as cleansing gels or holding creams for facial hair, and facial hair grooming tools present opportunities in the men’s personal care market.”. How about the razor. Despite the fact that many U.S.

New York 100

New York California Retail Online 100

PYMNTS

NOVEMBER 25, 2016

Most people know some version of an apocryphal legend about how retailers need the holiday shopping season to get their sales “into the black,” and Black Friday is named for the beginning of the profitable season. By 2013, Black Friday had been officially declared “dead” by the experts — a relic of history. It’s Moving Online.

Philadelphia 100

Philadelphia Online Retail Survey 100

PYMNTS

DECEMBER 1, 2017

is wearing a size 14 or 16 — 35 percent to 60 percent of women depending on whose figures you like — but most mainstream retailers do not carry clothes above a size 14. We’re seeing small, independent brands be much more successful in this market than larger brands and retailers,” says Marshal Cohen, a retail industry analyst with NPD Group.

Marketing 135

Marketing New York Los Angeles Branding 135

PYMNTS

APRIL 19, 2017

When PYMNTS first encountered PayRange CEO Paresh Patel at Innovation Project 2013 , he was leading a tiny startup with a big goal: to bring vending into the digital age. Step Right up to the Unattended Cashless Retail Future. Tomorrow’s unattended retail, DeVita and Webster agreed, goes well beyond laundry and salty snacks.

Retail 119

Retail Operations Payments Marketing 119

PYMNTS

MARCH 18, 2019

The account that was eliminated was introduced in 2010, when the company was trying to lure customers to online banking. The account had no monthly fee, as long as the customer accessed statements online and did not use a bank teller. If customers used those services, they paid an $8.95 fee each month.

America 175

America Survey FDIC System 175

PYMNTS

APRIL 20, 2016

The report estimates that the overall value of global counterfeit goods at $461 billion in 2013. The report only deals with physical counterfeiting, and therefore it does not consider online piracy. While China is the top provenance of fake goods, its most innovative companies also fall victim to counterfeiters.

Marketing 100

Marketing Branding Report Innovation 100

PYMNTS

JANUARY 26, 2017

Layer3 is betting big on basic and premium channel bundles, going against major players AT&T, HBO and CBS and others that have embraced online streaming via desktop and mobile apps to compete with the likes of Netflix and Hulu. and has since rolled out to Chicago.

Washington 100

Washington Colorado Illinois Boston 100

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. BMO on Taking a Digital-First Approach to Retail Banking. eCommerce promises to bring more subscription services as well as retail into our daily lives. Super Bowl Countdown Brings New Online Gambling Action.

Cards 131

Cards Technology social media Meeting 131

FICO

SEPTEMBER 21, 2016

Online banking electronic payments fraud is on the rise, as fraudsters explore security gaps in the emerging banking channels. For instance, data released by Financial Fraud Action UK , shows that UK online banking fraud losses increased by 38% in 2014 from 2013, and by 64% in 2015 from 2014. Follow me on Twitter @ScottZoldi.

Analytics 40

Analytics Fraud Payments Retail 40

PYMNTS

DECEMBER 3, 2018

What’s Relevant in Retail. In December of 2013, Target was breached. Yet consumer adoption and use of those innovations continues to grow. Now fraudsters, undaunted, have moved online, which is where payments volume is moving, too. And the benefits of driving and flying far outweigh the alternatives.

Fraud 192

Fraud Security Payments Cards 192

Celent Banking

MARCH 31, 2016

adult population has a mobile phone and 77% of them are smartphones, up from 71% in 2014 and 61% in 2013. The same report documented the rise of mobile banking: 43% of all mobile phone owners with a bank account had used mobile banking in the past 12 months, up from 39% in 2014 and 33% in 2013. Digital Banking.

Las Vegas 100

Las Vegas Digital Banking Mobile US 100

PYMNTS

DECEMBER 14, 2019

When Disney bought the rights to Star Wars from creator George Lucas in 2013, they didn’t just get the rights to the films, characters and stories – Lucas also sold off the most valuable part of the Star Wars experience, which he’d owned for roughly 40 years: the merchandising rights. And, no less important, the merchandise is on the shelves.

Maine 170

Maine Retail Innovation Millennials 170

CB Insights

DECEMBER 19, 2019

The online insurtech company was launched in 2013 in a joint effort by China-based tech giants Alibaba, Tencent, and Ping An. ZhongAn became China’s first online-only insurer to break the $1.49B premium mark and has pursued technological innovations like blockchain ; however, its stock has fallen by more than 50% since its IPO.

Fintech 51

Fintech Regional Analytics Groups 51