PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Trust in Banks. And that is a bank – one with FDIC insurance and safeguards that keep their money safe.

Fintech 191

Fintech UX Mobile FDIC 191

CB Insights

JANUARY 5, 2021

High fees, poor customer experiences, and archaic technology have historically blocked many from accessing financial services. . get the state of challenger banks report. Below, we dive into how the Covid-19 pandemic has accelerated the shift to digital banking among these populations. Source: FDIC. Source: PwC.

Digital Banking 98

Digital Banking US Online FDIC 98

PYMNTS

AUGUST 13, 2019

Digital banking startups are popular in Europe, dangling low fees and mobile apps to attract more customers. Challenger banks have raised $100 million worldwide in the second quarter and are the fastest-growing FinTechs, Lindsay Davis, a senior intelligence analyst at CB Insights, told the FT. .

FDIC 164

FDIC Millennials Capital Fintech 164

PYMNTS

NOVEMBER 9, 2020

The Tracker also examines how mobile and instant disbursement tools could be essential to making sure these individuals are still able to participate and transact within the digital banking world. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009.

Tools 203

Tools Mobile FDIC Examples 203

PYMNTS

JULY 24, 2019

Like other FinTechs, Betterment will partner with FDIC-insured institutions since it doesn’t have a bank charter. Although traditional financial institutions largely don’t consider FinTech firms as competition, both established and emerging FinTechs are well-positioned to capture traditional banking customers.

Fintech 162

Fintech FDIC National Online 162

American Banker

FEBRUARY 10, 2020

but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators. It was Varo's second try with the Federal Deposit Insurance Corp.,

FDIC 70

FDIC Regulation Fintech National 70

PYMNTS

AUGUST 7, 2019

Without a regulatory mandate, many in the financial services and FinTech space believe that competition will — and already has — nudged the industry toward embracing data integrations across platforms and service providers in the name of better banking experiences. Bank participation is key to promoting open banking in the U.S.,

Fintech 181

Fintech Strategy Resources Payments 181

Fintech Labs Insights

APRIL 6, 2023

Are we about to see a rush of fintech startups serving the interest-sensitive small business market? Case in point: Just days after the Feds took over SVB, Mercury was in market with its Mercury Vault, offering $5 million in FDIC insurance by distributing balances across 20 insured banks. 95,000 6 Meow * 11 4.3%

Digital Banking 15

Digital Banking Online FDIC San Francisco 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. Maybe, maybe not. 2021 SF $14 12,000 Source: FintechLabs, Crunchbase, SimilarWeb, 26 June 2023 1.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

SEPTEMBER 18, 2020

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. The online-only bank lets customers deposit and save money on its platform and spend using a no-fee debit card.

Los Angeles 231

Los Angeles UX Cards FDIC 231

Gonzobanker

FEBRUARY 1, 2024

Since banks with less than $10 billion in assets continue to struggle in deposit gathering, scale and overall earnings, we wonder how many will not be here in five years? The FDIC Approved This Ad How many times did we hear a speaker admonish the audience to “be sure and sign up for the FDIC notification list.” Five Hundred? (Oh

Conference 88

Conference FDIC Arizona Industry 88

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

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Additionally, if recent trends are any indication, physical bank branches stand to lose a lot of ground in the near future.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

SEPTEMBER 18, 2020

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. The online-only bank lets customers deposit and save money on its platform and spend using a no-fee debit card.

Los Angeles 140

Los Angeles UX Cards FDIC 140

Fintech Labs Insights

MAY 2, 2023

These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms.

Las Vegas 12

Las Vegas San Francisco San Diego Conference 12

PYMNTS

OCTOBER 29, 2018

This happened despite sophisticated technology capabilities that successfully flagged many other types of inappropriate postings, like pornography, and kept them off the platform for years. Only 38 percent of hate speech content was identified by their technology in Q1 2018, they reported, resulting in the removal of 2.5

Payments 196

Payments Google Apple Innovation 196

American Banker

JUNE 29, 2016

Ever since the financial crisis, starting a bank from scratch has been hard. But opening a digital-only de novo bank is an especially tall order.

Fintech 52

Fintech FDIC Digital Banking Technology 52

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. From their web site: Liferay makes software that helps companies create digital experiences on web, mobile and connected devices.

social media 40

social media ATM Mobile Customer Experience 40