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Mastercard, Pine Labs And The Global Buy Now, Pay Later Explosion

PYMNTS

The firm processes about $30 billion a year and works with 140,000 merchants through 450,000 global card network acceptance endpoints, mostly in India, with some penetration into the Middle East and Southeast Asia. It’s not just about building something, but the right versions for the right markets. The Frictionless Flow .

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Thoughts from American Banker Retail Banking Conference 2015

Celent Banking

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. A regional bank poll of millennials found that not one could name a community institution in their area. As expected, it was a great way to read the temperature of the banking industry. This requires additional spending.

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Matchmaking Millennials To The Experiences They Desire

PYMNTS

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently. BB: Yes, exactly.

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Finovate, FinDEVr Alums Earn Finalist Spots in BBVA Open Talent Competition

Fintech Labs Insights

The company has developed a crowdsourced, mobile investment analysis solution geared toward mass-affluent millennials. DRAFT was founded in October 2014 and is headquartered in Austin, Texas. Their cloud-based technology leverages Big Data to spot bank card data breaches.

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Location Detection: Building The Bank Business Case For Better Geolocation Data

PYMNTS

PYMNTS has found that 55 percent of millennials say they would switch to an FI that uses geodata to enhance the security of users’ accounts. Making the point that the bank won't track users every time they take their cards and tap and spend can go a long way toward easing concerns over geolocation.

Data 227
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

HQ: Austin, Texas. Millennial saving & investing app. Tags: Enterprise, B2B2C, payments, mobile, SDK, API, developers, credit/debit cards. Integrated payment processor. Latest round: $10 million Series B. Total raised: Unknown. HQ: Shanghai, China. Source: Crunchbase. SaaS banking platform. Latest round: $8.73 million Seed.

Company 12
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Finovate Debuts: Student Loan Genius Gives Employers Tools to Help Millennial Workers Tackle Debt

Fintech Labs Insights

Today, Student Loan Genius is inviting employers to do the same thing when it comes to millennial workers and student loan debt. “We are working with great organizations like Teach for America, Twilio, BP3 in Austin to help them shave tens of thousands of their student loans,” Student Loan Genius founder and CEO Tony Aguilar said.