PYMNTS

MARCH 19, 2020

FDIC Approves Square for Banking License. The Federal Deposit Insurance Corporation (FDIC) granted Square a banking license to operate a de novo industrial bank in Salt Lake City. Fiserv Acquires Bypass Mobile. It will keep its drive-through windows open. Putting the Move on the Moving Industry’s Gig Worker’s Pay.

FDIC 130

FDIC Utah Payments Mobile 130

The Financial Brand

FEBRUARY 10, 2020

Fintech's patience paying off as it nears final hurdles, setting stage for major new digital banking competitor. The post FDIC Greenlights Mobile-First Fintech Varo Money for Deposit Insurance appeared first on The Financial Brand.

FDIC 15

FDIC Mobile Fintech Digital Banking 15

PYMNTS

MARCH 7, 2017

Aiming to back and support FinTech startups focused on the underserved, Accion International and VC Quona Capital raised $141 million in funding. According to a report , the funding came from multiple institutional investors in support of FinTech startups that focus on those who are shutout of traditional banking systems around the globe.

FDIC 100

FDIC Capital Fintech Analytics 100

PYMNTS

MARCH 30, 2020

government’s $2 trillion stimulus package allows a number of entities — FDIC banks, credit unions and, most notably for this discussion, FinTechs such as Kabbage — to make loans to smaller firms. Innovating into the teeth of a recession may be a tough proposition, or baptism by fire — only time will tell.

Lending 151

Lending FDIC Fintech Report 151

PYMNTS

NOVEMBER 25, 2016

According to a report by TechCrunch , the VC funding came from Bessemer Ventures Partners, CFSI (Center for Financial Services Innovation), 500 Startups and 500 Fintech. The app can also transfer money automatically from a bank to Albert Savings, which is an FDIC savings account that is part of the app.

FDIC 100

FDIC Cards Mobile Data 100

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. With mobile banking technology on the rise, it has seemingly become more important than ever for banks to stay on top of the latest digital innovations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Independent Banker

MARCH 31, 2022

For example, a customer of a participating bank can send a payment using the bank’s application on their computer or mobile phone and can route the money to either their checking account or to another payment rail like Venmo. “We We don’t need a new version of Zelle. Jason Henrichs, CEO of Alloy Labs Alliance. The whole package.

Community Bank 91

Community Bank Community Payments Meeting 91

NCR

NOVEMBER 15, 2016

But while mobile banking is becoming a must-have component of community banks’ offerings, it can still trigger a reasonable question about return on investment. Will a mobile banking app really help to solve community banks’ challenges or is it just a waste of money? Solving challenges with mobile.

Community Bank 40

Community Bank Community Mobile Rhode Island 40

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. FinTechs … and the Banks They Wanted to Disrupt.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. But not all financial innovations are focused on making such concepts obsolete. some financial institutions (FIs) see a need to innovate how their consumers access cash. Time will tell.

ATM 100

ATM Millennials FDIC New Jersey 100

Independent Banker

NOVEMBER 25, 2015

A mix of players, FinTech firms pose threats and opportunities. Call them disruptors, upstarts or the voguish FinTech companies. FinTech customers have no idea they are exposing themselves to identity and financial risk. Illustration by Getty images / Chris Ede. By Kelly Pike. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

Jeff For Banks

MARCH 3, 2018

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? More talk about fintech, dinosaur bankers, and flavors of the month. When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. mobile phones, yeah, mobile phones".

Apple 65

Apple Millennials Massachusetts FDIC 65

Bank Innovation

APRIL 9, 2018

Bank of PayPal, anybody? Well, according to a report by the Wall Street Journal, the payments company has been reaching out to certain customers to add certain banking features PayPal is offering. Through the PayPal digital wallet, the payments platform is offering Federal Deposit Insurance Corp.

Cards 249

Cards Payments Report Company 249

Fintech Labs Insights

FEBRUARY 1, 2017

million in funding from VC heavyweights Soros Fund, Maveron Partners and Bessemer Venture Capital, the mobile PFM startup has attracted a slew of press mentions (NY Times, TechCrunch, Business Insider, Bank Innovations, and a dozen more). But with Michael Dell’s brother Adam as a c0-founder, and $3.5 Consumer value prop.

FDIC 12

FDIC Mobile Apple Google 12

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. Auto-financing is ripe for innovation. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. Seamless, consistent experience from computer, mobile phone to physical location. Our platform is open source, which makes it more reliable, innovative and secure.

social media 40

social media ATM Mobile Customer Experience 40