PYMNTS
JANUARY 25, 2021
According to the company, one of the reasons for PayDirect’s development is the clunky state of the customer journey associated with card-based payments and the resulting low conversion. PayDirect is higher-converting, primarily because it just has a much better UX (user experience) than online card payments or bank transfers,” he explained.
Fintech Labs Insights
AUGUST 27, 2020
Related: The 27 Fintech startups from YC’s Summer 2020 batch. Service UX: US Bank’s Well-Designed Appointment Scheduler. Watch How INSTNT Removes Risk from New Applications (Aug 2020 Startup of the Week). And while you are at it, please add your fintech startup to our database.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Fintech Labs Insights
JULY 20, 2022
But remember, banks were facilitating a bunch of money giveaways in the form of government-backed PPP grants during 2020/2021. Financial services, primarily credit card processing and insurance, are the biggest ongoing expense items by far (not counting labor). For example, I’m on the board of 15-unit cooperative condo hotel.
Gonzobanker
DECEMBER 20, 2019
Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.
Fintech Labs Insights
OCTOBER 2, 2020
Q&A with Envel Bank Co-Founder Steve Le Roux (4 Feb 2020). Sure they had great tech, refreshing UX and a talented team. On the banking side, the startup is working StoneCastle for deposits and Kansas City-based nbkc bank to power banking services, including a soon-to-be-launched debit card. Real language. Real humor.
Gonzobanker
DECEMBER 19, 2022
As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). Steve McLaughlin from Financial Technology Partners’ Money 2020 party. Goes to Sen.
Banking 2020
AUGUST 27, 2015
According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. Consumers remain largely unaware around the issue of card skimming and even those who are mindful of the risk, don’t believe they are liable for potential losses. Perhaps the biggest problem is perception.
Expert insights. Personalized for you.
300 
Let's personalize your content