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

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

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

Gonzobanker

NOVEMBER 18, 2014

” John Mackey of Whole Foods encouraged the crowd to look outside their own business model for innovations as WF looks at the restaurant and tech sectors for many of its ideas, not just competitors. Innovation Showcase & Global Innovation Awards. Bank’s Dominic Venturo’s session on innovation rocked.

Chicago 97

Chicago Retail Branch Design Training 97

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

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

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

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 ”

Innovation 40

Innovation Payments Lending Financial Technology 40

PYMNTS

JANUARY 25, 2017

billion recorded in 2014. Will 2016 once again present an explosion in alt-lending transaction value? The past year has seen significant changes in regulatory policy, as well as several market and firm-specific events relevant to the online alternative finance industry,” he said in a statement.

America 100

America Lending Regulation Regional 100

PYMNTS

JUNE 20, 2017

small businesses via its financing solution, which launched in 2014. PayPal made its name pioneering eCommerce, making it possible for businesses to grow their sales and reach millions more customers online,” said PayPal U.K. PayPal U.K. Managing Director Mark Brant in a statement. They’re the linchpin of the British economy.

Capital 108

Capital Innovation Course Tools 108

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

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

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

Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. Founded: 2014. Payment platform for online businesses and processors. 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.

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

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. The post CUneXus Demos Comprehensive PreScreened Lending Platform appeared first on Finovate. This post is part of our live coverage of FinovateSpring 2015.

Lending 12

Lending San Francisco CA Mobile 12

Tefkin

JUNE 3, 2014

On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades. Lendingclub has provided attractive returns to individual investors who would never have had the possibility to directly invest in consumer lending with the necessary diversification.

Industry 42

Industry Management Innovation Analysis 42

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking.

Idaho 170

Idaho Community Industry Strategy 170

Jeff For Banks

JUNE 2, 2023

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. The old borrow short, lend long strategy. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78

FDIC Community Bank Regulation Lending 78

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.

Apple 110

Apple Capital Cards Payments 110

Lars Markull

NOVEMBER 14, 2019

I remember, when I first came to Mumbai at the end of 2014, I wasn’t very successful in finding many startups or bank activities in this sector. As European banks are mostly trying to defend their position, banks in India are experiencing that the “pie gets bigger” and that innovation is required to partake in this growth.

Fintech 45

Fintech Regulation Cards Lending 45

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: 2014.

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: 2014.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

OCTOBER 6, 2015

Using advanced lending technology and analytics, OnDeck assesses small business creditworthiness based on actual operating performance and not solely on personal credit. Small businesses can apply for a line of credit or term loan online in minutes, get a decision immediately and receive funds in as fast as the same day.

Hawaii 12

Hawaii Lending Analytics Innovation 12

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. Founded: 2014.

Atlanta 15

Atlanta Utah DC Detroit 15

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

Lars Markull

NOVEMBER 14, 2019

I remember, when I first came to Mumbai at the end of 2014, I wasn’t very successful in finding many startups or bank activities in this sector. I believe that Open Banking will have a massive impact in India, especially in lending but I believe we will see a lot more than that.

Fintech 40

Fintech Regulation Cards Lending 40

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: 2014.

Atlanta 15

Atlanta Utah Miami DC 15

NCR

OCTOBER 28, 2016

In fact, student debt for undergraduates in the class of 2014 reached an average of $28,950 , up 2% from the previous year, and the number is undoubtedly higher for the majority of students in fields such as law and medicine. However, as the political debate suggests, this also involves taking on mountains of debt.

Community Bank 40

Community Bank San Francisco Community National 40

NCR

OCTOBER 7, 2016

In fact, student debt for undergraduates in the class of 2014 reached an average of $28,950 , up 2% from the previous year, and the number is undoubtedly higher for the majority of students in fields such as law and medicine. However, as the political debate suggests, this also involves taking on mountains of debt.

Community Bank 40

Community Bank San Francisco Community National 40

Independent Banker

OCTOBER 29, 2014

Given the still nascent state of consumer adoption of mobile payments technology, time and opportunities for growth and innovation in the mobile arena at the community bank level still exist, banking technology experts say. Typically the younger segments are more innovative and are looking for new ways to do things,” Brown offers.

Mobile 105

Mobile Community Bank Community Technology 105

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. Date: April 25, 2014. Ballmer led Microsoft’s purchase of Nokia for over $7B in a deal finalized in 2014. Date: January 13, 2014. Price: $7.9B.

Google 76

Google Software Innovation Company 76

Fintech Labs Insights

APRIL 15, 2016

Last night in Amsterdam the 2016 European Fintech Awards celebrated innovators shaping the future of finance. Category: Innovative Banking Software. FinovateSpring 2014 demo. Companies awarded on this list were selected by a combination of online public votes (weighted 25%) and a panel of judges (weighted 75%).

Fintech 12

Fintech San Francisco Lending Innovation 12

PYMNTS

JULY 23, 2018

Median household income, which had dropped to $58,829 in June 2011, has consistently increased since the summer of 2014. There are a number of creative innovators developing schemes trying to do that. In May, the median household income for Americans stood at $61,858 — the highest since January 2000, after adjusting for inflation.

Cards 122

Cards Groups Report US 122

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

Lars Markull

JUNE 28, 2020

In this blog series, we will talk about what open banking is, how it came about, how it is being implemented in different parts of the world, and what kind of cool and innovative businesses can be built on top of open banking platforms. In addition to consumers, regulators are also taking a more serious approach to privacy.

Fintech 59

Fintech Data Security Policies 59