PYMNTS

JUNE 12, 2020

A pair of Indonesia’s FinTechs plan to merge in a bid to challenge Gojek ’s GoPay, sources told Bloomberg. The potential union would unite Ovo , Indonesia’s giant digital payment service that is backed by Singapore’s ride-hailing giant Grab Holdings , along with Dana, Indonesia’s digital wallet platform, an Alibaba Group Holding Ltd.

Fintech 160

Fintech Payments Report Digital Banking 160

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. Around the Digital Banking world. Time will tell.

Regulation 100

Regulation Cards Digital Banking social media 100

Gonzobanker

FEBRUARY 19, 2020

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. These numbers represent an increase from 49% and 60%, respectively, in 2019. Register here.

Strategy 123

Strategy Fintech Study Customer Experience 123

FICO

MARCH 1, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes. Digital lift-and-shift is not a strategy! Do you want customers to link their other bank or credit union account?

Digital Banking 52

Digital Banking Data Customer Experience eBook 52

PYMNTS

JULY 1, 2020

consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking. This “better app” would also offer transaction confirmations and alerts, card location controls and the ability to track and redeem rewards. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

FEBRUARY 15, 2017

Companies are rolling out plenty of new banking tools for consumers to manage their money. The February Digital Banking Tracker™ showcases the various methods banks are employing to help their consumers stay engaged with their finances. Here’s what’s happening around the world of Digital Banking.

Tools 120

Tools Report ATM Digital Banking 120

PYMNTS

DECEMBER 23, 2019

billion in credit card debt and $382.9 However, it is a quickly changing industry, thanks to digital banking. This collaboration will help close the innovation gap between CUs and FinTech firms, according to a press release. For more on these and other CU news items, download this month’s Tracker. percent and 4.1

Data 131

Data Lending Michigan Regulation 131

CB Insights

NOVEMBER 21, 2019

Download the CB Insights and PwC Canada MoneyTree report to see all the data. 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

NOVEMBER 26, 2019

Many card-based solutions have recently debuted, aimed at helping businesses to more easily track expenses, and gain insights into how company funds are spent in the field. The solution also allows managers to set limits on how much money can be spent with the cards, and cancel or freeze them at any time, if necessary. Yordex , a U.K.-based

Tools 141

Tools Boston Cards Management 141

PYMNTS

DECEMBER 28, 2020

Petersburg, Florida-based CUSO said its Enhanced Fraud Services initiative has already helped 10 credit unions combat fraud, including chargebacks stemming from instances of members’ payment card details being stolen and sold on the dark web. To get the full story, download the Tracker. Read the full Deep Dive in the Tracker.

North Carolina 197

North Carolina Houston Fraud Innovation 197

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

MAY 16, 2018

In the May edition of the Digital Banking Tracker , PYMNTS explores the latest developments in the banking world – and the challenges these innovations pose. Around the Digital Banking World . Similarly, Spain’s Santander Bank debuted a new mobile app of its own. . Building a Responsible AI Roadmap.

Trends 118

Trends Digital Banking Mobile blockchain 118

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. First name. Company name.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

FEBRUARY 26, 2020

In the February Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including new co llaborations between CUs and FinTech firms, initiatives to appeal to Generation Z and how CUs are working to protect against the ongoing threat of data breaches. For more on these and other CU news items, download this month’s Tracker.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

ATM 159

ATM Study Analytics Meeting 159

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.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JUNE 21, 2017

June’s PYMNTS Digital Banking Tracker™ looks at the latest trends in the digital banking space, including efforts by banks and FinTechs to give consumers new insights into their finances and the latest developments on the path toward Open Banking. Building smarter, more informed consumers.

Report 131

Report Digital Banking Millennials Fraud 131

PYMNTS

SEPTEMBER 23, 2020

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. There were 223,163 cases of identity theft that year across all generations, with 42 percent of them consisting of bank and credit card fraud. billion in 2019.

Technology 208

Technology Report Fraud Study 208

PYMNTS

APRIL 18, 2017

From selfie authentication to finance tools that respond to emojis to computer-generated avatars that look and act like real people, new technological tools are giving digital banking a makeover. The April PYMNTS Digital Banking Tracker™ looks at the various ways technology is changing the digital banking landscape.

Report 110

Report Digital Banking Tools Technology 110

CB Insights

SEPTEMBER 10, 2020

After a difficult first quarter, fintech funding rebounded in a big way in Q2’20. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Below, we answer some of our readers’ most pressing questions from the webinar on the state of fintech.

Fintech 46

Fintech Innovation Lending Regional 46

Chris Skinner

JULY 3, 2017

There are almost 20 million users of mobile banking across the UK in 2016, making 159 logins every second. People are increasingly using banking apps to access a broader range of services such as savings, credit cards and mortgage/investments accounts, rising by 30%. Nearly two-thirds of cards are now contactless.

Mobile 286

Mobile Cards Video Management 286

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.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

CB Insights

DECEMBER 10, 2020

Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Investment banking. Consumer payments.

America 101

America Lending Cards San Francisco 101

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

SEPTEMBER 21, 2016

With so many consumers turning to digital and mobile banking solutions, it’s more important than ever that financial institutions offer their customers an up-to-date set of mobile and digital offerings. Around The Digital Banking World. About The Tracker.

Digital Banking 100

Digital Banking Mobile Apple Millennials 100

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.

Fintech 64

Fintech cryptocurrency Examples Cards 64

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? The score is based on VC funding, website traffic, mobile downloads, and the number of employees.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

MARCH 2, 2020

Big Tech, FinTech and neo-banks are increasingly there to lap up the opportunities innovation is presenting to offer an alternative path to financial services. When it comes to opening a “bank” account with a FinTech, the number willing to seriously consider it jumps to over 36 percent. Emerging Entry Points.

Innovation 222

Innovation Data System Mobile 222

Fintech Labs Insights

APRIL 12, 2022

Downloadable transactions (common file formats). Debit card. Card processing*. Credit/charge card*. Virtual card numbers*. Online Digital Banks for Small Businesses (SMB) April 2022. The 305 Fintech Unicorns of the 21st Century (April 2022). Immediate funds availability (with limits).

Digital Banking 15

Digital Banking Lending Fraud Cards 15

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. The score is based on VC funding, website traffic, mobile downloads, and the number of employees.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

MARCH 14, 2017

New digital authentication tools are allowing India’s rural consumers to open bank accounts in the blink of an eye. As India moves to a cashless society, new digital banking tools — such as iris scanning technology — are being adopted by the nation’s banks to help verify customers’ identities.

Digital Banking 127

Digital Banking Tools ATM Technology 127

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

PYMNTS

JUNE 22, 2017

New digital banking solutions are creating new options for these citizens to make a difference in the world through their consumer purchases. With every purchase you make through your Aspiration debit card, your score changes,” Cherny said. About the Tracker.

Millennials 117

Millennials Digital Banking Survey Tools 117

PYMNTS

DECEMBER 22, 2016

According to Chris Britt, CEO of mobile-first banking platform Chime, consumers are getting frustrated with larger, traditional financial institutions. And this frustration has created an opening for digital banking newcomers like Chime to swoop in and address these consumers’ concerns. Doing what the big banks won’t?

Millennials 100

Millennials Digital Banking Mobile Industry 100

CB Insights

OCTOBER 10, 2018

What these startups share is the goal of creating customer-centric banking products that target underserved individuals and businesses. DOWNLOAD THE 61-PAGE consumer banking REPORT. See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JUNE 16, 2016

So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. For example, Britt noted, large banks and credit cards often offer seemingly random and irrelevant rewards, which can serve to further annoy customers.

Millennials 100

Millennials Mobile Digital Banking US 100

PYMNTS

MAY 22, 2017

“Things are changing, but not really at the pace one would expect,” said Nirupama Soundararajan, an economist at Pahle India , a New Delhi-based political research think tank, who believes that the slow rate of change is also reflective of India’s struggle to adopt digital banking services. Demonetization and the rise in cash usage.

Fraud 103

Fraud Analysis Payments Regulation 103