Bank Innovation

APRIL 18, 2018

Launched back in 2014, […]. EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.”

Fintech 170

Fintech Innovation social media Online 170

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. Note: These are the rankings from 10 years ago.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JANUARY 14, 2020

China is finalizing its first rules for online-only banks, striving to reduce financial jeopardy and lure pivotal participants, Reuters reported on Monday (Jan. About 12 associations, including foreigners, are working on the new laws with Chinese officials, and some are eager to introduce online banks, a source said.

Online 145

Online Digital Banking blockchain Fintech 145

PYMNTS

JUNE 15, 2016

One emerging player in the Australian FinTech market has just secured another round of capital. PromisePay , a fully managed payments platform for online marketplaces, has raised $10 million in order to fuel its continued growth. Everything is moving online. There’s a fundamental shift in payments.

Fintech 100

Fintech Online Capital Fraud 100

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”. 12) announcement.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

PYMNTS

FEBRUARY 13, 2020

The platform will have the ability to manage transactions across multiple payment types — online, mobile, point-of-sale, digital wallets, debit and credit cards, and real-time payments — and countries. “As Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

Payments 197

Payments Fintech Tools Management 197

PYMNTS

SEPTEMBER 26, 2016

The newspaper cited Ripple’s use of blockchain technology and the ability of two small banks, one in Canada and one in Germany, to complete cross-border online transactions in record time as an example of the latest banking innovations. trillion in 2014 to $2.3 trillion in 2014 to $2.3 trillion in 2019. trillion in 2019.

Regulation 100

Regulation Fintech blockchain Mobile 100

PYMNTS

DECEMBER 15, 2019

Delivery Hero acquired a majority stake in Yogiyo in 2014. The (food) delivery market has been flooded with gigantic Japan-backed capital and influential online platforms, leading Woowa to factor in partnership as a survival strategy,” a spokesman at Woowa Brothers told Reuters. UberEats left South Korea earlier this year. .

Capital 130

Capital Online Marketing blockchain 130

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.

Online 98

Online Company Retail Payments 98

PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . Ant Group was launched in 2014 to provide global financial services. If the IPO moves ahead, one of the sources said it would be one of the world’s biggest listings this year.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

JANUARY 14, 2020

In today’s top payments news, China is finalizing its rules for online-only banks, Mastercard names Raj Seshadri as its new president of data and services and Visa buys FinTech startup Plaid for $5.3 FinTech Play, Wrapped In Plaid. China Finalizing Laws For Digital-Only Banking. Visa announced its $5.3 21 in the U.S.

Data 131

Data Payments Online Digital Banking 131

PYMNTS

SEPTEMBER 16, 2016

Nearly $120 million has been invested in approximately 300 startups based in Guadalajara since 2014. Mexico’s longstanding business culture resulted in the government investing $658 million to an estimated 620,000 entrepreneurs back in 2014. It’s projected that Mexico will represent the world’s fifth-largest economy by 2050.

Fintech 100

Fintech Capital Millennials Mobile 100

PYMNTS

APRIL 21, 2019

The Securities and Exchange Commission announced late last week that Prosper , the online lender, has agreed to pay a $3 million fine for misleading retail and other investors via statements it made. Prosper isn’t the only FinTech to run into trouble with the SEC in recent weeks.

Fintech 123

Fintech Security Retail Online 123

PYMNTS

MARCH 2, 2020

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2).

blockchain 141

blockchain Groups America Google 141

PYMNTS

JANUARY 25, 2021

Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan. 25) announcement.

Tools 154

Tools Miami Management Resources 154

PYMNTS

OCTOBER 28, 2019

Founded by the team that created InstaReM in 2014, Nium is used to create a wide range of payment services grouped into three categories: send, spend and receive. Nium is one of the first organizations to partner with Visa’s FinTech Fast Track program in the EU, Australia and the Asia Pacific region. “As

Regional 128

Regional Fintech Payments Strategy 128

PYMNTS

MARCH 26, 2018

80 percent of Chinese small businesses earn more than 10 percent of revenue from online sales , found CPA Australia for its Asia-Pacific Small Business Survey. 24 percent of Aussie SMBs use traditional banks for funding, down from 38 percent in 2014, Scottish Pacific’s report found. Even more – 97.5 69 percent of U.K.

Survey 193

Survey Regional Capital Data 193

PYMNTS

JUNE 12, 2018

A press release issued Monday (June 11) revealed OroCommerce is turning to the cross-border payments FinTech to provide payment services for its corporate customers via API. The solution links businesses on the OroCommerce platform to more than 125 international payment methods to pay for the goods they purchase online.

Payments 134

Payments User Experience Meeting Online 134

PYMNTS

JULY 23, 2020

European FinTech payments company myPOS , which works in offering affordable payments to small- to medium-sized businesses (SMBs), has new credit cards that it says will help SMBs in Europe access new benefits, according to a press release. Since its launch in 2014, myPOS has offered the cards for free whenever someone opens an account.

Cards 140

Cards ATM Payments Fintech 140

PYMNTS

MARCH 9, 2020

The company was founded in 2014 as an alternative to other SaaS providers in that it works to support all stakeholders, including traditional High-Street letting agents, landlords and tenants. LocalGlobe was also a previous investor. By contrast, other startups have eschewed physical brick-and-mortar space to focus on the digital world.

Capital 151

Capital Software Fintech Online 151

Bank Innovation

OCTOBER 19, 2017

EXCLUSIVE – Banking keyboard app, PayKey closed a $10 million Series B funding round today bringing the fintech’s total investment to $16 million since its establishment in 2014. The funding will be used to fuel the company’s growth strategy in the Asian market, Daniel Peled, CEO and Co-Founder of PayKey told Bank Innovation. “We

Strategy 270

Strategy Innovation Marketing Google 270

Bank Innovation

APRIL 3, 2018

based money transfer service, it launched in 2014, where customers could transfer money at lower fees. Retail giant Walmart announced today the launch of a global money transfer service called Walmart2World. The Walmart2World service is extension of its U.S.-based

Retail 250

Retail Online Lending Innovation 250

PYMNTS

JULY 27, 2018

A 156-page report by the watchdog found that some customers were subject to poor practices by certain online platforms and that they were provided with unsuitable products and poor treatment. The proposed rule changes come in the wake of a 2016 study of regulations that govern the sector, which dates back to 2014.

Lending 102

Lending Regulation Fintech Study 102

PYMNTS

NOVEMBER 5, 2019

Singapore FinTech startup Nium — formerly branded InstaReM — is dropping its pursuit to compete for a digital wholesale banking license in the city-state, Bloomberg reported on Tuesday (Nov. Nium is one of the first organizations to partner with Visa’s FinTech Fast Track program in the EU, Australia and the Asia Pacific region.

Fintech 101

Fintech Regional Payments Regulation 101

PYMNTS

JULY 29, 2020

Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock. This strategic transaction, which brings together two FinTech leaders, is a great opportunity for customers, employees and shareholders of both companies,” Enova CEO David Fisher said in announcing the deal.

Online 165

Online Fintech Report Strategy 165

PYMNTS

OCTOBER 27, 2019

Founded by the team that created InstaReM in 2014, Nium is used to create a wide range of payment services grouped into three categories: send, spend and receive. Nium is one of the first organizations to partner with Visa’s FinTech Fast Track program in the EU, Australia and the Asia Pacific region. “As

Payments 100

Payments Regional Fintech Strategy 100

Fintech Labs Insights

FEBRUARY 22, 2022

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). crypto exchange, lender, accounting, blockchain infrastructure, and so on ).

Fintech 15

Fintech Bitcoin blockchain Lending 15

PYMNTS

OCTOBER 20, 2020

As a disruptor of traditional credit, Afterpay was founded in 2014 to offer its customers interest-free installment plans for online purchases.

Groups 130

Groups Retail Management Tools 130

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. 161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 It marked the third time that Ant had a quarterly loss since its unit’s result was disclosed by Alibaba in the early part of 2014. billion yuan ($353 million USD) for the quarter ending Sept.

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

APRIL 12, 2019

Some of its brands include online takeout service Jumia Food, travel booking service Jumia Flights and classified services Jumia Deals. retailers online in markets across Africa, according to reports. Digital payments, FinTech and eCommerce are expanding slowly but surely in Africa. Jumia Scope.

New York 209

New York Mobile Course Payments 209

PYMNTS

OCTOBER 17, 2018

Businesses can also integrate a digital button on their own website to facilitate payment acceptance using the Sberbank Business Online platform. Russia’s annexation of Crimea in 2014 first sparked concerns over European sanctions against the country, including SWIFT’s possible removal of Russia from its platform.

Payments 144

Payments blockchain National Report 144

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. Dobbie will be in charge of infrastructure and applications that power the U.K.’s

Retail 116

Retail User Experience ATM Security 116

PYMNTS

OCTOBER 25, 2019

At the time of iPhone’s live debut in October of 2014, merchants accounting for only 19 percent of all retail sales could enable an Apple Pay transaction, only 39 percent of all iPhones could support an Apple Pay wallet and just 11 percent of all consumers owned one. Lights out for the FinTech charter idea ? The 2018 South Dakota v.

Apple 101

Apple Innovation South Dakota Taxes 101

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. Those under €30 ($33.93

Fraud 148

Fraud Regulation Compliance Online 148

Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. If looking for a FinTech (seven) partner, follow your vendor management procedures.

Fintech 60

Fintech Capital Cards Bitcoin 60

William Mills

JANUARY 14, 2016

Content marketing has rapidly emerged as a key marketing strategy within the fintech industry in a relatively short time. I vividly remember my content marketing conversations with clients in early 2014. We would like to share some of the latest content marketing trends and our fintech- related experience over the past year.

Marketing 41

Marketing Fintech Marketing Automation Marketing Strategies 41