PYMNTS

SEPTEMBER 29, 2020

And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In Ideally, we’d want to be a financing partner for every buyer relationship that they have in the United States,” Shoihet said.

United States 286

United States Regional America Trends 286

PYMNTS

JUNE 13, 2018

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

Capital 100

Capital Cards Delaware Payments 100

BankInovation

JULY 14, 2020

Afterpay is heading into brick-and-mortar stores in the United States. The Australian point-of-sale lending company, which launched online in the U.S. The Afterpay card — and what we’re bringing to the market — is a virtual, contactless Visa card that is stored either in customers’ Apple […].

United States 64

United States US Retail Apple 64

Abrigo

SEPTEMBER 20, 2023

Given the current economic climate in the United States, it is essential to understand the effect personal financial security has on 1 st -party fraud. 1st-party debit or credit card fraud : Card fraud causes financial institutions significant monetary losses.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

SEPTEMBER 20, 2018

Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives. Swimming against that tide is China-based P2P lending provider X Financial.

US 166

US Lending New York Cards 166

PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Wells Fargo CEO Reorganizes Business Units.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

JULY 2, 2020

Small- to medium-sized businesses (SMBs) in particular are struggling against the loss of revenue, something that has already led more than 100,000 SMBs within the United States to permanently close down. Other player s are making moves in the SMB lending space to create a more digital lending process, including eCommerce firm Amazon.

Lending 198

Lending social media Industry United States 198

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

OCTOBER 28, 2019

“Consumers want affordable ways to make purchases without taking on additional credit card debt,” said Brendan Coughlin, president of consumer deposits and lending at Citizens Bank. Xbox All Access bundles hardware, services and software with affordable and predictable financing delivered through Amazon’s online check out process.”.

Rhode Island 101

Rhode Island United States Online Retail 101

PYMNTS

OCTOBER 28, 2019

“Consumers want affordable ways to make purchases without taking on additional credit card debt,” said Brendan Coughlin, president of consumer deposits and lending at Citizens Bank. Xbox All Access bundles hardware, services and software with affordable and predictable financing delivered through Amazon’s online check out process.”.

Rhode Island 100

Rhode Island United States Online Retail 100

Bank Innovation

MARCH 7, 2018

In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

San Francisco 236

San Francisco Fintech United States Marketing 236

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. This statistic is emblematic of a larger problem in the world of B2B payments. Around The BaaS World.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

AUGUST 12, 2016

Upserve is said to have a fancy, slick restaurant management algorithm that could help Square Capital refine its own fancy, slick risk management algorithm to make better lending decisions. This could come as a welcome relief, as lending decisions will be based on data about the viability and success of the business, which helps everyone.

Lending 100

Lending Apple Cards Study 100

PYMNTS

AUGUST 17, 2020

Called sMALL Surprises , the curated box of goods from several of PREIT’s mall properties is a nod to subscription-based boxes, as well as one of the first examples of a REIT acting as an online vendor. Local and regional businesses help shape the shopping experience at each of our properties and lend value to our portfolio.”.

Philadelphia 164

Philadelphia Regional United States Community 164

PYMNTS

APRIL 15, 2019

Beyond the fact that those CEOs said systemic risk is not yet in the cards, the septet also said these alternative lenders bear watching, lest the growing nonbank sector eventually give cause for alarm. In the United States, there’s a bit of concentration here, as 29 percent of shadow banking is tied to the country, at $15 trillion in assets.

Lending 175

Lending United States Survey System 175

PYMNTS

SEPTEMBER 15, 2017

Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. Lending money beyond what people can bear is the hallmark of predatory lending, she emphasized, and that’s not going to help the customer.

Fintech 198

Fintech System Lending Cards 198

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet.

Report 228

Report Payments Millennials Cards 228

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. Half of global online transactions are expected to take place in Asia this year. billion – of funds were lost to card fraud in 2018, up from $1.4

Apple 159

Apple Mobile Fraud Branding 159

Gonzobanker

OCTOBER 12, 2022

Much as Ally does with its car lending, Nubank optimizes a single use case to acquire customers – and then cross sells. Starting with a single product – the humble credit card – Nubank TikTok’d its way to sticky mobile engagements. Assuming they are well underwritten, loans – and their credit card brother in payments – make money.

Fintech 97

Fintech United States Chicago Mobile 97

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. In the 15 years after the financial crisis, $27 billion (a mix of equity & debt) was invested in the leading United States consumer challenger banks.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Javelin Strategy & Research

NOVEMBER 7, 2023

2024 Trends & Predictions: Debit Payments Javelin Report Date: November 7, 2023 Authors: Elisa Tavilla Research Topic(s): Debit Consumers have been accustomed to making easy payments however they shop, whether in physical stores or online. The dizzying array of options can be overwhelming to merchants of any size, but especially to small.

Trends 45

Trends Fraud Digital Banking Strategy 45

Celent Banking

NOVEMBER 17, 2015

After all, in the United States small businesses comprise 99.7% In the FinTech space, much of the focus is on consumer-oriented solutions like Mint for financial management, Venmo for P2P payments, and Prosper for social lending. Online small business lending by direct credit providers has especially taken off.

Report 100

Report FDIC Lending Fintech 100

CFPB Monitor

APRIL 13, 2020

Debt collection (25%): The largest number of debt collection complaints concerned “attempts to collect debt not owed” for miscellaneous products and services such as phone bills, health club memberships, and home utility services, followed by credit card debt. The majority of complaints involved “trouble during payment process.”.

Report 78

Report District of Columbia Survey social media 78

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. And each January, we ranked all previous recipients into a master list.

Innovation 15

Innovation Fintech Online Mobile 15

Gonzobanker

JANUARY 17, 2020

For execs who climbed the ladder in finance, lending or branches, buckle in because the techies are about to steal the show. However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g., We are in the infant stages of integrating digital marketing and online origination.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. Table of Contents: Amazon’s product strategy. Closing thoughts.

Cards 101

Cards Lending Strategy US 101

PYMNTS

JUNE 9, 2017

Sure, there’s the occasional rent check or the $100 birthday check from Great Aunt Sue, but for the most part, the debit card put a fork through the heart of the consumer’s appetite for writing paper checks. Will automation and online payments finally #KillTheCheck? Building a B2B Payments Hub. Hard to say.

Payments 122

Payments Cards Tools Management 122

PYMNTS

MARCH 30, 2017

Against a backdrop of technology that has not changed much in 100 years — that would be the phone call — Truitt found that just about everyone at the IP 2017 presentation (via show of hands) had used mobile wallets to make purchases in a store, through an app or online. The “call commerce” market is huge and untapped.

Mobile 100

Mobile United States Security Data 100

Fintech Labs Insights

AUGUST 31, 2021

Lending software. Card processing. Online POS. Based in the United States. Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (August 2021). Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (August 2021). Greenlight. DealMachine.

Fintech 15

Fintech Company United States Comparison 15

Gonzobanker

DECEMBER 14, 2023

Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. In addition, it has has opened more than 400,000 debit cards and is opening as many as 75,000 per month, creating a whole other disruption risk we need to discuss. Paul Murphy, founder of Murphy & Co. He passed away in January 2023. But wait, there is more.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

FEBRUARY 28, 2017

SoFi, the San Francisco–based lending startup, has by all reasonable metrics hit the ground in 2017 running. To open the month of February, SoFi announced it had acquired online banking startup Zenbanx. So why such a big round — and what will it mean for the little online finance firm that is quickly moving to become a lot less little?

San Francisco 100

San Francisco Delaware United States Groups 100

PYMNTS

DECEMBER 28, 2018

These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. told PYMNTS that, though there might be a market correction in mortgage lending, there are no signs at present that there is any 2008-like calamity around the corner.

Millennials 145

Millennials Lending System Data 145

Fintech Labs Insights

FEBRUARY 2, 2021

The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. United States. United States. United States. United States.

United States 15

United States Fintech Utah Lending 15

PYMNTS

JANUARY 8, 2018

Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. The Serve Card has no monthly fee, does not require a credit check and includes free withdrawals at over 24,000 ATMs nationwide.

Taxes 105

Taxes Data Louisiana Colorado 105

PYMNTS

SEPTEMBER 4, 2019

Short-term lending has something of a bad rap in the United States — consumer advocacy groups have long accused them of being predatory debt traps, and both state and federal regulators have spent the last decade writing and rewriting regulations aimed at curtailing what they characterize as the short-term lending industry’s excesses.

Lending 130

Lending United States Industry Regulation 130

Lex Sokolin

OCTOBER 14, 2020

How many Libertarians do you think there are in the United States? Everyone complains about Amazon, but we all shop online. And this realization takes us to Lending Club. Peerless Lending Lending Club represents an era of Fintech credit. And then you give up on peer-to-peer lending entirely.

Lending 52

Lending User Experience Google United States 52

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. It’s not like cross-selling a credit card.” Consumer Lender Life Lending Web Exclusives'

Trends 70

Trends Community Lending Community Bank 70