Payments Source

MAY 30, 2019

Today: Revolut adds Apple Pay; Fitbit Pay will support the MTA's contactless test; Flipboard and Checkers suffer breaches; U.S., form fintech alliance. The information you need to start your day, from PaymentsSource and around the Web.

Apple 80

Apple Fintech 80

Lex Sokolin

AUGUST 19, 2020

The results say more about consumer Fintech investing than about any company in particular. sticker shock about the $50 to 100 million per year losses for Revolut, Monzo, and Starling. For all purposes, Monzo is competing with both Barclays for banking and Apple for the operating system of apps. First came the gut reaction?—?sticker

Comparison 52

Comparison Fintech Lending Analysis 52

PYMNTS

SEPTEMBER 30, 2019

Apple – Phone Home. PYMNTS CEO Karen Webster takes a deep dive into Apple’s new streaming service and its broader financial implications. . Apple is investing heavily to make sure they stay on that list.”. Visa Powers Revolut’s Global Expansion Into 24 New Markets. she writes.

social media 100

social media Apple Study Payments 100

PYMNTS

AUGUST 21, 2019

The Chase Pay app, which lets customers tap at POS terminals, was introduced four years ago as a way to compete with companies like Apple. The mobile payment revolution has spurred changes in the way people pay for products and services around the world. China has especially been at the forefront, but the U.S.

Online 194

Online Apple Payments Digital Banking 194

PYMNTS

APRIL 6, 2017

To help push mobile payments over the edge, some are saying that there needs to be a revolution on the part of retailers to provide a more well-rounded experience. Here are the numbers: 50 | Number of currencies now supported by FinTech company Abra. billion | Amount of mobile cash-outs Uber drivers received in 2016.

Mobile 100

Mobile Data Payments Apple 100

Lex Sokolin

DECEMBER 31, 2020

A Year in Financial Models, Fintech Valuations, Super Apps, Big Tech, Decentralized Finance, the Multiverse, Pandemic, Revolution, Crypto Art, and the Nature of the Universe Hi Fintech futurists — You should be out partying! Starling and Revolut both reached profitability towards end of this year after everything went digital.

Fintech 52

Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

A Year in Financial Models, Fintech Valuations, Super Apps, Big Tech, Decentralized Finance, the Multiverse, Pandemic, Revolution, Crypto Art, and the Nature of the Universe Hi Fintech futurists — You should be out partying! Starling and Revolut both reached profitability towards end of this year after everything went digital.

Fintech 52

Fintech Bitcoin blockchain Google 52

Lex Sokolin

SEPTEMBER 19, 2019

Fintech is expensive. Fintech is everywhere. Fintech is the global competition for regulation, talent, and macroeconomic supremacy. Fintech is the trade war between the US and China. Fintech is the trade war between the US and China. Fintech is Facebook and Amazon. Fintech is the next bubble to burst.

Fintech 40

Fintech Lending United States Data 40

CB Insights

JANUARY 22, 2020

Revolut set to raise soon at a $5B valuation. The post Client Note: Apple’s AI Acquisition, A $5B Challenger Bank Valuation, Snyk Becomes A Cybersecurity Unicorn, And More appeared first on CB Insights Research. Want the full post? Become a CB Insights customer. If you’re already a customer, log in here.

Apple 29

Apple Fintech 29

American Banker

SEPTEMBER 9, 2022

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Apple 36

Apple Online Fintech Mobile 36

Disruptive Finance

MAY 26, 2018

The conclusion from the piece was “if you prefer fast action and major Fintech disruption from tech powerhouses, then forget Amazon, Google or Apple, and watch Alibaba or Tencent… Ant Financial, the finance arm of Alibaba, is valued $50bn.” ” This was 2.5 years ago, and(.).

Google 111

Google Apple Fintech America 111

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

Fintech 195

Fintech Community Regional Technology 195

South State Correspondent

MARCH 28, 2022

The Five Pillars of The Payment Product Revolution. As we pointed out, banks are in an ideal position to take advantage of these trends and grab market share back from the traditional card networks and fintechs. Many elements of the new payment revolution are already a reality.

Payments 195

Payments Trends Data Fintech 195

Accenture

SEPTEMBER 22, 2019

By way of example, Monzo passed 2 million users in May 2019 and anticipates 3 million this year, while Revolut is targeting 10 million by 2020. They’re also expanding their offerings by linking up with other popular fintechs such as Moneybox (investment), Transferwise (international transfers) and PensionBee (pension plan).

Innovation 150

Innovation Metro Apple Marketing 150

Lex Sokolin

JANUARY 20, 2021

We gaze with wonder at over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation. This cross-border payments story is about two decades old, and we were surprised to see that Transferwise and Revolut are both Checkout customers. Who is winning the fintech game of largest levels?

Company 52

Company System Fintech Lending 52

Lex Sokolin

JANUARY 20, 2021

We gaze with wonder at over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation. This cross-border payments story is about two decades old, and we were surprised to see that Transferwise and Revolut are both Checkout customers. Who is winning the fintech game of largest levels?

Company 52

Company System Fintech Lending 52

Money and Payments

MARCH 23, 2018

Just the other day I attended a session of the Dutch Foreign Bankers Association, all about Fintech disruption and innovation. Guest speaker Jesse McWaters, who is the project lead for the Fintech programme of the World Economic Forum, shared his insights into the tech-revolution and how this impacts the business models in financial industry.

Big Data 31

Big Data Apple Fintech Innovation 31

PYMNTS

AUGUST 21, 2020

The digital shift is bringing about a consumer commerce revolution and will also reshape how businesses make payments to each other. New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs. PYMNTS explores why SMBs find that FinTech’s quicker approval times are worth their often-higher rates. Trackers And Reports.

Payments 158

Payments Samsung Maine Report 158

PYMNTS

SEPTEMBER 28, 2017

The smartphone revolution long ago forced most, if not all, banks and other financial institutions (FIs) to begin offering mobile financial management solutions. Now, however, consumer expectations have shifted once again, and modern banking customers are increasingly telling their banks that simply offering a mobile app isn’t enough.

Digital Banking 101

Digital Banking Report Mobile User Experience 101

Fintech Labs Insights

JANUARY 19, 2016

Revolut , the UK-based startup that demoed its Personal Money Cloud at FinovateEurope 2015, has released version 2.0 Revolut has also added tutorial screens that display when the app is first installed. Pictured: Revolut CEO and founder, Nikolay Storonsky, and CTO Vlad Yatsenko demonstrating Revolut at FinovateEurope 2015 in London.

social media 12

social media Community ATM Apple 12

South State Correspondent

JUNE 27, 2022

Semi-open digital wallets that work for a select group of retailers (more popular in other countries) or open wallets such as Apple, Samsung, Paypal, Google, and maybe even your bank. However, that is still just the start of the revolution. These are digital wallets, with a foundation in Web 2.0, Digital Assets in Crypto Wallets.

blockchain 195

blockchain cryptocurrency Data Examples 195

Accenture

JULY 9, 2019

Tech firms such as Google, Apple, Facebook and Amazon (GAFA) were early adopters, propelling their valuations to be 10x in comparison to banks. A data-driven approach has brought a revolution and given rise to new trends, including: Becoming a silent player. However, new banking challengers are quickly following in their footsteps.

Data 157

Data Google Strategy Examples 157

Lex Sokolin

DECEMBER 10, 2020

Here’s a banana, and that’s an apple. Let’s transition to Green Dot, the original bank powering big tech company bank accounts starting with Apple, and now including Google. As for the target customer, we see Uber, Apple, Stash, Wealthfront, Turbotax, and a massive retailer. Here’s a vase with flowers.

Branding 52

Branding Apple Capital US 52

Lex Sokolin

DECEMBER 10, 2020

Here’s a banana, and that’s an apple. Let’s transition to Green Dot, the original bank powering big tech company bank accounts starting with Apple, and now including Google. As for the target customer, we see Uber, Apple, Stash, Wealthfront, Turbotax, and a massive retailer. Here’s a vase with flowers.

Branding 52

Branding Apple Capital US 52

PYMNTS

FEBRUARY 8, 2017

3 tallied up $361 million in investments, dominated by the FinTech space at $283 million of that total. The FinTech sector saw a strong pull of banking activity as Atom Bank raised roughly $126 million and said that it would announce within the next few weeks the names of the investors who put up the capital. The week that ended Feb.

San Francisco 100

San Francisco Mobile New York Fintech 100

Javelin Strategy & Research

MAY 22, 2015

The experience had echoes of an Apple or AT&T store but with the added benefit of using customer insight to make product suggestions, and the opportunity for immediate customer feedback. Banks and fintech need to take the lead and dare to be “creepy” too.

Fintech 40

Fintech Google Cards Fraud 40

Lex Sokolin

APRIL 29, 2019

Much of the mobile banking revolution has been led by the Europeans?—?see see Revolut, Monzo, N26 and others. In fact, there’s been a ton of controversy about the Fintech OCC charter, with States resisting federal authority, and companies like SoFi and Square considering the more exotic Industrial Loan Company charter.

Mobile 45

Mobile Fintech Capital Lending 45

PYMNTS

APRIL 1, 2016

The natural transition of consumers adopting FinTech innovations into business owners doing the same is key, but it doesn’t happen all at once. But with Apple and Android in nearly everybody’s pockets today, the smartphone can be the most effective way to encourage electronic banking. It takes gradual change. It takes gradual change.

Payments 100

Payments Mobile Tools Technology 100

CB Insights

APRIL 29, 2020

We round up all of our coronavirus-related content, ranging from telehealth startups to watch, to fintech financing trends, to tech solutions that could help companies manage through the crisis — and beyond — here. Fintech & Insurtech. Fintech & insurtech . How Covid-19 Is Impacting Fintech Financing.

Trends 66

Trends Resources Retail Fintech 66

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch. Most Egregious Fintech Valuation – Chime , which went fromone funding round at $1.5

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

AUGUST 14, 2018

Here’s Palm’s CEO: “We’ve learned and struggled for a few years here figuring out how to make a decent phone … PC guys are not going to just figure this out,” said then-Palm CEO Ed Colligan in 2006 , after news that Apple was developing a phone. “It’s more Wal-Mart and Apple.”. Who listens to 1,000 songs?”

Bitcoin 78

Bitcoin Apple Industry Nebraska 78

CB Insights

SEPTEMBER 27, 2017

Here’s Palm’s CEO: “We’ve learned and struggled for a few years here figuring out how to make a decent phone … PC guys are not going to just figure this out,” said then-Palm CEO Ed Colligan in 2006 , after news that Apple was developing a phone. “It’s more Wal-Mart and Apple.”. Who listens to 1,000 songs?”

Bitcoin 65

Bitcoin Apple Innovation Industry 65

Lex Sokolin

SEPTEMBER 23, 2020

That implies about $500 in enterprise value per customer, which is consistent with both the 2019 venture market, as well as our calculations around the valuation of Monzo, Revolut, and Starling ( financial model here ). An arbitrage between Apple and commodity banking capital. Yet here we still are. But what is Chime really?

Capital 52

Capital Software Lending Apple 52

Lex Sokolin

DECEMBER 19, 2019

You’ve heard me talk about how the trend of Fintech bundling, and the unicorn and decacorn valuations led by SoftBank and DST Global, are creating underlying weakness in the private Fintech markets. It could be important for Apple or Google, which have a billion user footprint with hardware embedded across the entire world.

Company 52

Company Capital blockchain Marketing 52

Lex Sokolin

DECEMBER 25, 2019

There’s a lot to say about the overlap of Fintech and blockchain, but let’s find the very edge of the frontier and focus right there. I am talking about systemic risk, and the promise of what is most likely the future of financial services after Google, Facebook, Ant Financial, and Apple dismember the banks. all Fintech unicorns?—?that

blockchain 52

blockchain Bitcoin Software Lending 52

Lex Sokolin

MAY 13, 2019

Regulation in the West largely prevents tech and telecoms from reaching their Fintech potential, but even that is becoming noise and nonsense over time. From T-Mobile, to Apple, to Facebook, to Google, and Amazon, all the tech companies are brimming with financial services offerings camouflaged by third parties.

San Francisco 40

San Francisco Software Trends Google 40

Lex Sokolin

MAY 13, 2019

Regulation in the West largely prevents tech and telecoms from reaching their Fintech potential, but even that is becoming noise and nonsense over time. From T-Mobile, to Apple, to Facebook, to Google, and Amazon, all the tech companies are brimming with financial services offerings camouflaged by third parties.

San Francisco 40

San Francisco Software Trends Google 40