PYMNTS

MAY 14, 2020

To that end, remittances are poised to decline markedly from the $550 billion level seen last year, as estimated by the World Bank. The World Bank projects that remittances will decline by 20 percent to about $445 billion. That decline will hit certain companies — and corridors of payment flows — harder than others.

Cross-Border 60

Cross-Border Online and Mobile Banking Transactions Funds Transfer 60

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: May 21, 2009. Microsoft and Nokia.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

PYMNTS

MAY 6, 2019

Déjà vu because it was 10 years ago, in May of 2009, that Facebook launched the alpha version of Facebook Credits. After all, they’ve only got $45 billion in the bank , and at some point will probably have to pony up $5 billion to pay the FTC and who knows how much to others at some point. But not their money. And now, is pure wow.

Online and Mobile Banking 83

Online and Mobile Banking PayPal Blockchain Innovation 83

PYMNTS

DECEMBER 30, 2016

“Turning the page on 2016 and looking toward 2017, payments and escrow solutions are enabling traditional directory-based B2B marketplaces into transactional marketplaces, where the merchant and supplier can find each other, solidify the terms of the contract and carry out the transaction, all through the online platform.

ISO 20022 50

ISO 20022 B2B Online and Mobile Banking ISOs 50

PYMNTS

OCTOBER 28, 2019

The move came about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. The moves comes amid other big changes in automotive — and the growth of the so-called sharing economy, which promises to further shift notions of ownership in this digital and mobile age.

Online and Mobile Banking 40

Online and Mobile Banking Treasury Participant Economy 40

PYMNTS

OCTOBER 28, 2019

The move comes about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. The moves comes amid other big changes in automotive, and the growth of the so-called sharing economy, which promises to further shift notions of ownership in this digital and mobile age.

Online and Mobile Banking 40

Online and Mobile Banking Treasury Participant Economy 40

PYMNTS

APRIL 15, 2019

In 2009, Uber was incorporated as UberCab – a nod to the business it had set out to disrupt. In 2011, the company’s services and mobile app debuted in San Francisco. Put off by a business that just gave rides to people going to and from banks (any guesses who they were referring to there?), The rest, as they say, is history.

On-Demand 73

On-Demand Online and Mobile Banking Consumer Caps 73

PYMNTS

JULY 28, 2016

It may seem like ages ago, but back in 2009 the iPhone, along with other fast-moving technologies, was taking the world by storm and changing various industries in its wake. Seven years later, Holmes tells Karen Webster that MoneyGram is a vastly different company than the one he joined in 2009.

Online and Mobile Banking 43

Online and Mobile Banking Cross-Border Transactions Volume 43

PYMNTS

FEBRUARY 27, 2017

online retailer by revenue, one of the top three online retailers by traffic and our Walmart app is among the top three apps in retail. The battle between big bank-backed Zelle and PayPal property Venmo starts now. And that partner banking network, for Zelle, certainly packs a notable punch. We’re the second-largest U.S.

Zelle 40

Zelle Venmo Online and Mobile Banking P2P 40

PYMNTS

OCTOBER 8, 2018

Warren Buffet made rails sexy again when he bought a railroad in 2009. Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. Topic Two: Banks — sure, they’re boring as all get out, but they are innovating. s footsteps.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

MARCH 28, 2016

And, in many situations – particularly in developing economies, not having access to cash creates it. The cost associated with check processing and the lose-lose business model for check clearing imposed on banks by the Fed is one of reasons that checks are such a drag on the financial system. As we should and for lots of good reasons.

Faster Payments 48

Faster Payments Checks Payments Fed 48

FICO

JANUARY 8, 2021

Financial institutions in particular, given their central place in a nation’s economy, need to lead this digital connect. Mobile Operators and Coronavirus: Ideas To Help Slow The Spread. Mel Prescott noted several ways that mobile operators could use their network data to potentially help fight the virus.

Posting 52

Posting Origination Online and Mobile Banking Assessments 52

PYMNTS

FEBRUARY 1, 2021

An article published in the Harvard Business Review in August of 2009 posed a question that many airline and travel industry CEOs are pondering 11 years later: Will videoconferencing kill business travel? The answer in 2009 was, probably not. The answer in 2021 is far less clear. Image credit: Bell Labs and [link].

Economy 138

Economy Online and Mobile Banking Innovation B2B 138

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

CB Insights

JUNE 6, 2019

Notably, Solyndra’s rise coincided with the passing of 2009’s American Reinvestment and Recovery Act, which contained various subsidies and promises of investment for sustainable US energy initiatives. In March 2009, the US government announced it planned to award Solyndra a guaranteed loan of $535M as part of that initiative.

Breach 78

Breach On-Demand Product Online and Mobile Banking 78

CB Insights

MAY 15, 2019

Visa’s Innovation Center aims to increase collaboration among teams working on tech solutions spanning tokenization, payment apps, mobile location confirmation, and more. DBS Bank — DBS Asia X (DAX). Customers can use this feature in three ways: ATM access code, mobile wallet access at the ATM, and mobile wallet at the teller.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 78

CB Insights

NOVEMBER 16, 2017

” King Digital Entertainment , maker of mobile game Candy Crush, was acquired for $5.9B, resulting in a huge payout for Apax Partners, which owned 44%. Snapchat’s ramp reminded us of another mobile app Benchmark had the good fortune to back at an early stage: Instagram,” he added.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. With lower costs and a bigger market to sell to, a new crop of online pet supplies retailers eventually emerged. The rise and fall of Pets.com.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Technology 78

PYMNTS

OCTOBER 21, 2019

The world of 2009 was starkly different, a far less optimistic place. Though the Great Recession was technically “over” by the middle of 2009, few people living in the real economy felt that fact in their daily lives. The Greatest Hits (And Misses) Of Capturing The Magic In Mobile Payments .

Innovation 52

Innovation Online and Mobile Banking Payments Mobile Payments 52

CB Insights

NOVEMBER 9, 2017

So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. He believed Powa would set down mobile payments infrastructure that would be just as revolutionary. Company: Amp’d Mobile. via MDDI Online. ” via Indianapolis Business Journal. via Engadget.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

PYMNTS

JANUARY 27, 2017

But it’s been a long strange trip since the depths of 2009. At the latest count, the firm had 493 million monthly active users, 80 percent of which access the marketplace via a mobile device. based business are an extension of the position that Ant Financial’s Alipay maintains as China’s leading online payments conduit.

Online and Mobile Banking 40

Online and Mobile Banking Bitcoin Cryptocurrency Acquirers 40

The Fintech Times

JANUARY 21, 2025

However, Tanzania also has one of Africa’s fastest-growing economies, with some interesting plans for further bolstering this growth. The country aims to diversify its economy, transitioning to lower-middle-income status, with a robust annual gross domestic product (GDP) growth averaging seven per cent since 2000.

FinTech 59

FinTech Online and Mobile Banking Bots Authorization 59