PYMNTS

DECEMBER 27, 2019

The PYMNTS December 2019 Credit Union Tracker looks at the changing topography of the CU space, as digital transformation challenges the “all for one, one for all” mentality that has undergirded their business model since the 1800s. Strong balance sheets in key areas like credit card debt ($64.4 A Small Change It’s Not.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

JUNE 3, 2020

Digital technologies that can be quickly developed and integrated into banks’ platforms, particularly those that enable faster payments, will therefore be critical. The following Deep Dive examines how digital banking preferences are evolving as well as the ways FIs and FinTechs are responding — and partnering — to stay competitive.

Digital Banking 131

Digital Banking Mobile Tools Online 131

Bank Innovation

NOVEMBER 8, 2017

London-based fintech Revolut is the latest European startup to apply for a banking license, the company said today. Revolut, which offers pre-paid cards to its customers, is hoping that the move will draw customers away from incumbent banks. Revolut expects to receive the license in the first half of 2018.

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Fintech Cards Company Digital Banking 186

PYMNTS

FEBRUARY 26, 2020

The London-based FinTech B-Social raised £7.8 million in seed funding as it prepares to rebrand as Kroo and become a full-fledged bank, reports said on Wednesday (Feb. million as the company continues the journey to becoming a fully-licensed bank. . “We banking license. In 2018 , the company raised £3.2

Fintech 130

Fintech Digital Banking Lending Meeting 130

PYMNTS

MARCH 22, 2018

But even as more consumers use mobile and online banking apps than ever before, they are frustrated by the experience when they log on, and still prefer visiting a bank branch for more involved transactions. . Around the Digital Banking World. Fintech sector as a whole brought in just £1.7

Digital Banking 152

Digital Banking Report Mobile Online 152

PYMNTS

JANUARY 29, 2019

Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. The bank has also estimated that the tally includes 4.4 Outside U.S.

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Fintech Cards System Groups 145

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. Digital banks. Blockchain. Blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

SEPTEMBER 11, 2019

As reported in this space, and via announcement sent to PYMNTS, the company’s CEO and Founder Neil Ambikar said that the firm will look to accelerate growth, with an eye on rolling out application programming interface (API) enabled banking services.

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT.

Fintech 80

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PYMNTS

JUNE 28, 2018

Coverage includes Oracle ’s decision to bring its FinTech Innovation Program to Brussels. The blockchain is gaining traction in India , where the market for such technology is projected to grow at a compound annual growth rate (CAGR) of 58 percent during 2018 to 2024, according to a report from 6Wresearch.

blockchain 109

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CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

SEPTEMBER 3, 2019

Monese raised $60 million in Series B funding led by Kinnevik in 2018. PayPal, Augmentum Fintech, International Airlines Group and Investec’s INVC Fund also participated in the round. In February, Monese added support for Apple Pay for personal cards in the U.K. The company said it has more than 1.4 as well as France.

Fintech 129

Fintech Apple National Mobile 129

PYMNTS

JANUARY 11, 2021

He added that Revolut strives to be “the best in class for customer experience, value and capabilities” and offer a full range of services from deposit accounts and overdraft protection to loans and credit cards. After getting the banking license, Revolut said it would develop a “financial super app.” billion valuation.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

MAY 3, 2020

Bó , the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest, following a six-month opening launch, according to a Yahoo Finance UK report. If a customer goes over that limit on several card payments, then they have to enter a pin.

Branding 181

Branding Resources Digital Banking Regulation 181

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. The creation of open banking initiatives in the E.U.

America 165

America Regulation Regional Tools 165

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

JULY 28, 2019

The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV , making it the first major Latin American investment by the Menlo Park, California fund. . In this seventh round series F funding, the company raised $400 million and is now the largest “digital bank” in the world, a Nubank press release said. .

America 134

America Capital California Fintech 134

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

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CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents.

Retail 78

Retail Digital Banking Fintech Regulation 78

PYMNTS

DECEMBER 18, 2019

Digital payments company Payrailz is teaming with Mastercard to launch a pilot of the Mastercard Bill Pay Exchange, a real-time payment solution that works directly with digital banking apps, Payrailz said in a press release on Wednesday (Dec. Payment can be handled with cards, real-time payments or bank transfers.

Payments 147

Payments Connecticut America Digital Banking 147

PYMNTS

DECEMBER 1, 2017

Those partaking in the program, which aims to support later-stage FinTech and technology startups, total 11 firms selected from five countries. One startup, AID:Tech , deploys blockchain technology for digital entitlements. Moving forward, participating FinTech firms will be given resources to promote growth, Mastercard said.

Groups 147

Groups Resources Fintech blockchain 147

PYMNTS

NOVEMBER 29, 2017

The November edition of the PYMNTS Digital Banking Tracker , a Feedzai collaboration, features an interview about how credit unions can attain AI, a scorecard of industry players and the latest headlines surrounding AIs, digital security and new digital banks. Around the Digital Banking World.

Security 173

Security Digital Banking Resources Mobile 173

PYMNTS

NOVEMBER 19, 2019

Banks are, however, revamping their approaches to these technologies on how they may be applied outside of their typical use cases, fending off cybercriminals who have a growing number of opportunities to access online banking platforms and customer data. Around The Digital Banking World. institution Barclays found.

Fraud 109

Fraud Digital Banking Innovation Data 109

PYMNTS

OCTOBER 10, 2019

FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking software company Crassula. For banks, Paysend Connect supports access to Crassula’s open banking technology to augment their own offerings to business customers.

Fintech 134

Fintech Cards Software Payments 134

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. Though still strong, this industry growth has slowed in recent years, with another survey finding that total loans only increased by 6.6 percent in 2019, compared to 10.5

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

OCTOBER 13, 2019

FinTech company Revolut wants to raise as much as $1.5 Launched five years ago, Revolut has almost 8 million customers, offering digital financial services through a mobile application including digital debit accounts, currency exchange, budgeting and person-to-person (P2P) payments. . banking licence.

Taxes 163

Taxes Fintech Branding Regional 163

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories. Source: Kindur .

Millennials 73

Millennials Fintech Tools Fraud 73

Fintech Labs Insights

JUNE 26, 2023

Other than a brief spike in 2018, it’s been 15 years since short-term rates were high enough for most small-to-medium-size businesses (SMB) to worry about chasing yield on their parked cash. Are we about to see a rush of fintech startups serving the interest-sensitive small business market? Maybe, maybe not. 613 reviews) 2.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

Fintech Labs Insights

APRIL 6, 2023

Other than a relatively short-lived spike in 2018, it’s been 15 years since short-term rates were high enough for most small- to-medium-size businesses (SMB) to worry about chasing yield on their parked cash. Are we about to see a rush of fintech startups serving the interest-sensitive small business market? 95,000 6 Meow * 11 4.3%

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

JUNE 7, 2019

Spencer McLain, vice president, EMEA at Whitepages Pro, told PYMNTS that these merchants will start seeing declines on European-based transactions if they are not exempt by falling under certain thresholds, or if they do not apply 3D-Secure authentication methods to verify card-not-present transactions.

Fintech 101

Fintech Study Online Retail 101

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

Fintech 51

Fintech social media Analysis Marketing 51

Gonzobanker

JANUARY 16, 2018

It shouldn’t be hard to convince you that the banking industry has changed dramatically over the past 10 years. With the publication of the 2017 Cornerstone Performance Report for Banks , we decided to look at how banks’ operational performance has changed over the past 10 years, as well. Contact center.

Digital Banking 136

Digital Banking Online Fintech Mobile 136

Gonzobanker

FEBRUARY 20, 2021

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. Digital banking providers answered the demand with digital account opening solutions.

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CB Insights

JULY 11, 2019

get the building the bank of the future report. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. oVER 20 Fintech startups with 1m+ customer accounts. fintech startups are Changing the consumer experience.

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PYMNTS

DECEMBER 11, 2018

Speaking of cashierless checkout, that’s another building trend from 2018 that will carry over in a big way in 2019, Fodor said in the webinar, which served as an annual review and look ahead for payments and commerce from a First Data point of view. Digital Banking. FinTech and banks are becoming the best of friends,” he said.

blockchain 170

blockchain Retail Trends Mobile 170

Fintech Labs Insights

DECEMBER 1, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Below is a ranked list of the 17 challenger business credit cards currently active in the United States. Review Date.

Cards 15

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Fintech Labs Insights

DECEMBER 1, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Below is a ranked list of the 17 challenger business credit cards currently active in the United States. Review Date.

Cards 15

Cards Online Utah Austin 15