Bank Innovation

SEPTEMBER 6, 2018

s largest digital mortgage companies told Bank Innovation why they aren’t partnering with banks. LendingHome, which has originated $3 billion in loans since 2014, says there need not be a rush for digital mortgage servicers to partner with […].

Innovation 170

Innovation Company Lending Online 170

PYMNTS

MARCH 20, 2018

The “Scottish Pacific SME Growth Index,” released twice a year, found the portion of small businesses that said they would use banks for funding declined from 38 percent in 2014 to 24 percent in 2018. At the same time, interest in alternative lenders increased. Nearly half (47.6 Nearly half (47.6

Fintech 118

Fintech Lending Survey Innovation 118

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending.

Lending 100

Lending Regulation Big Data Risk Management 100

Bank Innovation

FEBRUARY 27, 2020

This is the first time since the company’s 2014 launch that its U.S. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered. customer numbers have outperformed other markets. […].

Marketing 293

Marketing US Retail Customer Experience 293

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. FDIC), the states and the courts.

Regulation 349

Regulation National System Industry 349

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). I will update with milestones from 2014 to today and publish next month. Note: These are the rankings from 10 years ago. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

Bank Innovation

AUGUST 28, 2017

Founded in 2014, Baltimore-based Blispay provides point of sale financing for customers of small and medium-sized merchants. BlisPay’s CEO, Greg Lisiewski, told Bank Innovation that as the company focuses on scaling itself and adding more merchants to its […].

Baltimore 170

Baltimore Innovation Company Cards 170

Perficient

JULY 11, 2022

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. When deciding whether to use a BNPL service for a purchase, it is essential to read the fine print. According to Kristen E.

Fintech 474

Fintech Trends South Dakota Apple 474

Jeff For Banks

DECEMBER 18, 2014

and its subsidiary BofI Federal Bank aspire to be the most innovative branchless bank in the United States providing products and services superior to their competitors, branch-based or otherwise. It also has a national platform of specialized finance units in homeowners'' associations, public finance, resort finance, and warehouse lending.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

Bank Innovation

AUGUST 11, 2016

The program, launched in May 2014, allows merchants who charge less than $1 million a year through American Express, to use one of 18 merchant processors to secure a lower discount rate. Market participants tell Bank Innovation Read More. American Express today dispelled market rumors that it would expand its OptBlue program.

Innovation 150

Innovation Marketing Security System 150

Bank Innovation

FEBRUARY 27, 2020

This is the first time since the company’s 2014 launch that its U.S. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered. customer numbers have outperformed other markets. […].

Marketing 195

Marketing US Retail Customer Experience 195

PYMNTS

JANUARY 30, 2017

According to a report , Hans Morris, the former Visa president turned venture capitalist, created Nyca Partners in 2014, launching a $30 million fund. The fund invested in a slew of FinTech startups, including Lending Club, SigFig and Orchard.

Fintech 100

Fintech Capital Lending Innovation 100

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 Innovation Lending 250

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Marketplace lending. Marketplace Lending.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

AUGUST 12, 2016

Restaurants — the epicenter of payments innovation, it seems — were on the receiving end of a couple of new opportunities this week that could drive even more feet into them and help them grow. This could come as a welcome relief, as lending decisions will be based on data about the viability and success of the business, which helps everyone.

Lending 100

Lending Apple Cards Study 100

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.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

Bank Innovation

AUGUST 23, 2019

MPOWER, which was founded in 2014, makes credit decisions based on the reputation of […]. While student loans are a necessity for many American students, international students face the additional hurdle of a lack of credit access. Washington, D.C.-based

Washington 170

Washington Customer Experience Lending 170

Fintech Labs Insights

AUGUST 11, 2014

FinDEVr San Francisco 2014 -- the first event focused on fintech developers -- is less than two months away, and we''re excited to announce our presenters! These leading companies came from a competitive application process designed to find the best ideas and innovations for fintech developers. We''ll see you there!

San Francisco 22

San Francisco Fintech California Innovation 22

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

Abrigo

DECEMBER 26, 2014

At best, 2014 has been an uneven year for home buyers. Utilizing the Bank Information platform, Sageworks recently released a ranking of the top mortgage lending credit unions in the U.S. In a lending segment once cornered by banks, credit unions are making an impact for those looking to purchase their own home.

Regional 186

Regional Milwaukee Lending Washington 186

PYMNTS

DECEMBER 6, 2019

that are lending their attire for a monthly rate, Reuters reported. With the support of H&M Group we can continue to innovate and drive awareness and adoption of re-commerce.”. Founded in 2014, Sellpy could grow its current offering “into a complete platform for second-hand fashion” per the report.

Branding 101

Branding Groups US Lending 101

Fintech Labs Insights

SEPTEMBER 11, 2014

FinDEVr San Francisco 2014 -- our first event focused on fintech developers -- is less than three weeks away and we are getting very excited! The show is going to be an incredible showcase of the tools, platforms and APIs that are being used to build the next generation of fintech innovation. We''ll see you there!

San Francisco 22

San Francisco California Innovation Capital 22

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. ”

Innovation 40

Innovation Payments Lending Financial Technology 40

Bank Innovation

DECEMBER 8, 2017

per share — approximately an 80% drop from its initial IPO price in 2014, […]. The company’s shares went down 15% to 22% yesterday, according to various sources, and reached an all time low of $3.29

Company 170

Company Lending 170

PYMNTS

JANUARY 25, 2017

billion recorded in 2014. Will 2016 once again present an explosion in alt-lending transaction value? His remarks reflect the fact that success of the alternative lending space cannot be measured solely by transaction volume and value. The debate continues to rage over the future of alternative lending.

America 100

America Lending Regulation Regional 100

CB Insights

DECEMBER 12, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. Since 2014, 12 fintech companies have exited via an IPO or M&A deal valued at $1B or more. Our analysis considers first exits since 2014 only. in late 2014. in late 2014. Lending Club. Data is as of 12/10/2019.

Fintech 41

Fintech US Lending Analytics 41

PYMNTS

DECEMBER 5, 2019

As the decade neared the halfway mark in 2014 that figure had improved to about 53 percent. But where banks don’t provide, FinTech innovators rush to fill a vacuum. billion into lending startups. The Less Consumer Friendly Side of FinTech Lending. Last year, investors globally poured a record $9.6

Lending 131

Lending Fintech Regulation Report 131

Abrigo

APRIL 28, 2016

To be American is to have the freedom to innovate, take risks, create, transform and put in the hard work that has led to the successes – and failures – that define human progress. Many innovators with great ideas and great potential do not begin with great wealth, so they need a great government partner to support their success.

National 150

National San Jose Los Angeles United States 150

Bank Innovation

MARCH 9, 2016

Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of 2015, with the implication that 2016 won’t be so sweet, according to the report. Asian fintech deal sizes dwarfed U.S. deal sizes in 2015, a new report from KPMG and CB Insights shows. But yesterday’s Ant Read More.

Fintech 150

Fintech Report Capital blockchain 150

PYMNTS

JULY 3, 2018

The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs with capital, a journey that includes innovation and a bit of experimentation. An IBISWorld report published in 2014 found that 98 percent of U.S.

Data 100

Data social media Lending Tools 100

PYMNTS

JUNE 20, 2017

small businesses via its financing solution, which launched in 2014. According to Brant, this underscores the importance for innovative financing solutions to fill in credit gaps left by a reduction in access to traditional bank loans. PayPal U.K. They’re the linchpin of the British economy.

Capital 108

Capital Innovation Course Tools 108

Celent Banking

NOVEMBER 30, 2015

By 2014 it ballooned to more than $12 billion globally, with 750 deals. Santander UK with Funding Circle and Union Bank with Lending Club ) to more complicated engagements where new services are plugged into a banks’ existing digital banking platform through APIs. Fintech is booming.

Fintech 100

Fintech Report Innovation Trends 100

Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. Founded: 2014. The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. Digital Assets. Category winner AND overall winner: Wirex. HQ: London.

Innovation 15

Innovation Fintech blockchain Capital 15

Fintech Labs Insights

JULY 18, 2016

Lending platform Cloud Lending Solutions recently announced a partnership with Japanese technology company Fujitsu. Fujitsu will help Cloud Lending Solutions distribute CL Originate , CL Lease , CL Loan , and CL Collections to its large and small business customers in Japanese and ASEAN markets.

Lending 12

Lending San Francisco America California 12

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.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

DECEMBER 7, 2016

After running quietly since its launch in 2014, Leveris recently announced it’s set to raise €15 million ($16.1 The funding comes as Leveris launches its full-stack core banking and lending platforms, which Lawlor said will work to bring banks into the future. million) in a Series A. “We’ve That’s the goal.

Lending 100

Lending Fintech Data Capital 100