South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

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Fintech Labs Insights

FEBRUARY 9, 2024

We’ve been obsessed with new fintech products since before the term was invented. This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers.

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Fintech Labs Insights

APRIL 6, 2023

Are we about to see a rush of fintech startups serving the interest-sensitive small business market? Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? Maybe, maybe not, it depends on whether you believe we’ll have a mid to long-range run of rates higher than 3%.

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Fintech Labs Insights

JUNE 26, 2023

Are we about to see a rush of fintech startups serving the interest-sensitive small business market? But what we will surely see is challenger banks dusting off their sweep features and emphasizing them in their marketing and branding. Relay FAB Score: 75 – HQ: Toronto – Founded: 2018 – Partner bank: Thread Traction – Raised $19.4M

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PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . A favorite aphorism that all research indicates came up for the first time in that article. And inroad that customers are looking at more seriously than ever before.

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Gonzobanker

OCTOBER 5, 2022

Roughly a third of respondents said that mobile banking features like account alerts, fraudulent transaction disputes, card spending limits, chatbots, and digital account statements would make them “extremely likely” to switch banks. So why aren’t millions of mobile banking customers switching to those banks?

Survey 78

Survey Mobile ATM Cards 78

Gonzobanker

OCTOBER 5, 2022

Roughly a third of respondents said that mobile banking features like account alerts, fraudulent transaction disputes, card spending limits, chatbots, and digital account statements would make them “extremely likely” to switch banks. So why aren’t millions of mobile banking customers switching to those banks?

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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.

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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.

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Fintech Labs Insights

APRIL 28, 2024

million/month | Employees: 728 | Article citations: 20 | Linkedin: 37,000 followers | Trustpilot: 3.9 (822 3,800 reviews) Resources : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? 186 15 Citizens Bank 9.0 $225 225 16 M&T Bank 8.3 $209

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Gonzobanker

AUGUST 24, 2023

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. In an article titled Is the Banking Crisis Over? One bright spot for the banking industry is Americans’ rising appetite for credit card debt.

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Fintech Labs Insights

AUGUST 24, 2022

Small-business-expense-manager Jeeves has been climbing the ranks of our SMB card list this year, hitting #3 at the beginning of the summer after landing a $180M round in March. million) and Ramp (1 million), but still the fourth highest among the digital challenger cards. But as a free perk on a free card, its pretty sweet. .

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Fintech Labs Insights

FEBRUARY 5, 2022

One of the major players is Rho , which is competing both on the banking side and with its newer corporate charge card. Unlimited card accounts (virtual and plastic). Corporate charge card. Fixed credit line (does not vary with bank balance ala Brex). Unlimited virtual or physical cards. Card lock/unlock.

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Fintech Labs Insights

AUGUST 25, 2022

Extending credit to business clients is a core business model for thousands of banks, specialty lenders, and now fintech companies. So it’s no surprise that Ramp , already the most full-featured offering from a growing crop of SMB digital challengers, would add credit to its lineup ( see press release , 23 Aug 2022 ). . – Raised $1.3B

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Fintech Labs Insights

JUNE 29, 2023

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. May 2023; SimilarWeb ) – Employees: 8,020 ( Pitchbook ), up 30 since April – Articles: 3,800 (Crunchbase) – Linkedin : 661,000 followers (8,002 employees, up 240) – TrustPilot rating: 3.1 including $6.5B

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BankNXT

JANUARY 16, 2018

From prepaid card to fully fledged current account, Tom Blomfield details the journey of UK challenger bank Monzo. Article by Laura Watkins and Simon Taylor for 11:FS. Tom Blomfield on Monzo’s 1,000% growth and taking on the tech giants on BankNXT.

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Fintech Labs Insights

JUNE 27, 2023

Here are the biggest players in the United States ranked by our FAB score ( Fintech Attention Barometer ). NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? views (470 subscribers) Instagram : 2,400 followers TrustPilot : 4.6 (513

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Gonzobanker

JANUARY 4, 2022

These fintech and banking trends should be on financial institutions’ radar in the year ahead. This list of top banking and fintech trends for 2022 won’t tell anyone anything they haven’t already heard about. Visa announced the launch of a crypto advisory service for its banking and merchant clients.

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Fintech Labs Insights

SEPTEMBER 8, 2021

Since Brex exploded in value in 2018/2019, a number of fintech startups are following its playbook in the SMB space: Attract VC-fueled startups as your beachhead and then expand from there. Consequently, this month the company reached #1 on our SMB challenger bank list for the first time. Articles: 3 (Crunchbase). 221 reviews).

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Fintech Labs Insights

DECEMBER 2, 2021

Here are the biggest players in the United States ranked by our FAB score ( Fintech Attention Barometer ). NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) .

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Gonzobanker

AUGUST 7, 2018

Tuesday, July 31, 2018, may go down in history as Fintech Day in the United States. Treasury Department released a 222-page report titled A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation , and the OCC announced it would consider charter applications from fintech companies.

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Gonzobanker

JULY 6, 2021

Achieving this desired state of improved processes, integrated third parties, accelerated time to market with new products and fintech partnerships, and better data and analytics takes an enormous investment in time and capital. As this article points out, a core system replacement may not be in the cards for every institution.

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Fintech Labs Insights

NOVEMBER 11, 2021

Number of articles: 27 (Crunchbase). Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). The 260 Fintech Unicorns of the 21st Century (Oct 2021). Online Digital Banks for Small Businesses (SMB) November 2021. . > $118M in 2021 (co-led by Allianz Group). 298 reviews).

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Fintech Labs Insights

SEPTEMBER 9, 2021

SMB digital banks. The banking partner is Middlesex Savings Bank , a Natick, MA-based community bank with $5.7B Debit card. Booking.com is one exception, where the 6% cashback goes directly to your Novo card). Stripe ($20k in card processing volume, worth $500). Articles: 27 (Crunchbase).

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Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). 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. We are calling it the FAB score, standing for Fintech Attention Barometer. HQ: Toronto.

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Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). 7 born this month (Digit Insurance, Divvy, Mambu, Melio Payments, MX, PPro, Sunlight Financial). + It is the 7th fintech unicorn based in India, and the 4th most valuable. Full Fintech Unicorn List. Mar 2019 round.

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Tech and Finance

SEPTEMBER 16, 2019

And we don’t provide just access to your money, you can pay bills, load cards, you can call Uber, pay for Amazon through us. Its articles of incorporation describe its missions is to deliver affordable financial services. or get cash with no fees from a Walmart ATM.”.

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Fintech Labs Insights

MAY 18, 2015

We’ll be adding articles as they are published throughout the next few weeks (if we missed your coverage, please send the article link to julie@finovate.com). Accenture Teams with Moven to Develop Digital Banking Tools. Finovate Spring 2015: Fintech innovation for banking and wealth management.

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Gonzobanker

DECEMBER 19, 2017

One word can summarize this action-packed banking year, GonzoBankers – tiring. FinTech threats and distractions. While the darling of FinTech conferences, this divestiture seems primarily driven as a means of Customers delaying the $10 billion Durbin hit and maintaining quarterly EPS expectations from the Street. Payments chaos.

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South State Correspondent

MARCH 28, 2022

However, in the next three years, many banks will have the bulk of their payments settling in real-time, and delaying payments will be the added value. This article delves into 14 products that banks have that will create more customer and franchise value. The Five Pillars of The Payment Product Revolution.

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Fintech Labs Insights

NOVEMBER 22, 2021

SMB Fintech Stack (Source: Canapi ). The first pure-play 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. debit or charge cards. We call it the FAB score, standing for Fintech Attention Barometer.

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Fintech Labs Insights

NOVEMBER 22, 2021

SMB Fintech Stack (Source: Canapi ). The first pure-play 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. debit or charge cards. We call it the FAB score, standing for Fintech Attention Barometer.

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Fintech Labs Insights

FEBRUARY 11, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., debit or charge cards. Under that definition, PayPal is a business bank as is Square and Amazon. But Brex, which only offers a corporate card and Kabbage which only offers a credit line, are not.

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Fintech Labs Insights

MARCH 4, 2020

The first pure-play digital 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. I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g.,

Digital Banking 15

Digital Banking San Francisco UX Austin 15

Fintech Labs Insights

FEBRUARY 11, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., debit or charge cards. Under that definition, PayPal is a business bank as is Square and Amazon. But Brex, which only offers a corporate card and Kabbage which only offers a credit line, are not.

San Francisco 15

San Francisco Online Digital Banking Austin 15

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 Ecosystem Award – Goes to Partners Credit Union for its collaborative member experience work with digital banking vendor Kony (now part of Temenos). Well done, sir!

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Fintech Labs Insights

FEBRUARY 26, 2024

With AI mentioned in every press release, trade publication article and marketing pitch, it’s hard to follow just who is actually using the technology in their production systems and financial services offerings. Online Digital Banks for Small Business (SMB) Feb 2024

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