Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

Innovation 64

Innovation AI Payment APIs and Integration Online and Mobile Banking 64

PYMNTS

JANUARY 30, 2018

When Bank of America announced last week that it was terminating its free checking option for low-balance customers, a literal Tweet storm broke out. The new program, first launched in 2010, was a digital-only offer for customers with low-balance checking accounts. Last week, the bank shut down the program completely.

Direct Deposit 43

Direct Deposit Online and Mobile Banking Checks Non-Bank 43

Stax

NOVEMBER 20, 2023

TL;DR Founded by American Express in 2010, Small Business Saturday encourages consumers to shop at local small businesses. It was established by American Express in 2010 and gained official recognition from the US Senate the following year. Enhance digital presence 36% of consumers prefer to interact with small businesses online.

Small Business 88

Small Business Online and Mobile Banking Participant On-Demand 88

CB Insights

JUNE 5, 2018

In Kenya, anyone with a mobile phone — smartphone or not — can use M-Pesa to send money, pay for things, and access credit. More importantly, users don’t need a credit card, bank account, credit history, or minimum balance to open an M-Pesa account. In contrast, mobile payments in the US have yet to catch on.

Online and Mobile Banking 68

Online and Mobile Banking Debit Card Credit Cards Payment Gateways 68

Wharton Fintech

FEBRUARY 26, 2024

Out of that very physical cash-check world, Mastercard started completely offline. Next big acceleration was mobile, because suddenly you could be online all the time, and being online was always with you. If network counterparties and banks are not there, we can actually stand in and make decisions on their behalf.

Visa 130

Visa Technology Payments Encryption 130

Fintech Labs Insights

JANUARY 13, 2025

The first pure-play online bank, Security First Network Bank (SFNB), launched in 1995, just a year after Amazon. But unlike ecommerce, digital-only banking was slow to catch on. But that began changing in the mid-2010s, first in the UK, then elsewhere as well-financed digital players started making inroads with consumers.

Small Business 28

Small Business NOV Checks Online and Mobile Banking 28

PYMNTS

APRIL 28, 2017

Buying items online has become a regular everyday occurrence. While Pew Research shows 79 percent of Americans shop online, it also found that 82 percent place a high value on factoring reviews into their purchasing decisions. I launched WeGoLook in December of 2010. PYMNTS: In your own words, what is WeGoLook about?

Authentication 57

Authentication Online and Mobile Banking On-Demand Duplicate 57

PYMNTS

JANUARY 1, 2019

In fairness, it was 1995 — Amazon was a year old and a bookseller online. The fact that Gates was right about the first two is arguable, what with the explosion of online mobile banking, digital payments and tech-based financial services. Gates also predicted, “‘Personal companions’ will be developed.

Online and Mobile Banking 60

Online and Mobile Banking Bitcoin Mobile Payments Point-of-Sale (POS) 60

CB Insights

APRIL 17, 2018

10 of the top 20 worked in banking, consulting, or law prior to entering VC. After 3 years with Credit Suisse , Bill joined Deutsche Bank for a short time to focus exclusively on internet companies. While at Deutsche Bank, Bill expanded his network within Silicon Valley and inevitably joined Hummer Winblad Venture Partners in 1997.

Acquirers 71

Acquirers Online and Mobile Banking Consulting Technology 71

Payment Savvy

JULY 27, 2020

A report done by Thales Data Security in 2018 revealed three-quarters of companies offering online payment acceptance in the US had encountered at least one type of cyber insecurity. The good news, however, is that payment gateways help provide both you and your customer real-time protection from online fraud. Electronic check?

Payment Gateways 52

Payment Gateways Gateways Payments Online and Mobile Banking 52

Seon

MAY 23, 2024

Traditional anti-fraud methods, like device checks, two-factor authentication (2FA), biometrics and security questions, are outdated against emerging innovative technologies that are compelling new forms of sophisticated fraud.

Fraud Prevention 52

Fraud Prevention Deepfake Fraud Detection Authentication 52

PYMNTS

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. According to the Federal Reserve , U.S.

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

CB Insights

AUGUST 14, 2018

It was the first example of a smart mobile phone. Onlookers were unsure what this device would compete with: Would it hurt mobile phone makers like Nokia or developers of handheld planners like Palm, who were also trying to enter into the phone space? That will be their role in mobile phones as well.”.

Bitcoin 78

Bitcoin Online and Mobile Banking Advisors Origination 78

FICO

NOVEMBER 30, 2022

Graph 1 : Quarterly credit card debt in the United States from 1st quarter 2010 to 2nd quarter 2022 ($ Billion) . Remind customers what they can accomplish using the banking app / website. Use email, SMS, mobile apps, and online banking to let customers know exactly what accommodations you’re making and what to expect going forward.

Risk 52

Risk Credit Cards Online and Mobile Banking Regs 52

PYMNTS

JANUARY 15, 2018

In fact, we’re seeing it happen in a variety of retail, banking and broader commerce pilots and prototypes today. In 2010, two researchers at MIT’s McGovern Institute for Brain Research published a paper that shed new light on how the brain makes decisions to stick with or change routine behaviors. Here’s why.

Innovation 43

Innovation Payments Online and Mobile Banking Authentication 43

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.

NOV 15

NOV Consumer Online and Mobile Banking Small Business 15

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. Note: These are the rankings from 10 years ago.

Online and Mobile Banking 15

Online and Mobile Banking Innovation FinTech NOV 15

PYMNTS

JUNE 23, 2016

When shopping online, Germans would rather have their bills delivered to their homes and pay by cash-on-delivery rather than via cards and internet banking, Delnevo said. According to the Bank for International Settlements, in 2014, Swedish vaults held close to 3.6 billion kronos the country held overall in 2010.

ATM 41

ATM Credit Cards ATMIA Privacy 41

Fintech Labs Insights

JUNE 29, 2023

The score is based on VC funding, website traffic, mobile downloads, and the number of employees. Stripe FAB Score = 11,400 (up 700 from April) – HQ: San Francisco – Founded: 2010 – Raised $8.7B The post Top 9 Online Digital Payment Processors for Small Businesses (SMB): June 2023 first appeared on Fintech Labs SMB Center.

Small Business 15

Small Business Processors Digital Payments Online and Mobile Banking 15

Fintech Labs Insights

AUGUST 25, 2015

But the growing use of electronic receipts both online and offline has enabled technology companies like Slice to leverage the data in these e-receipts to give consumers new tools to manage their financial life, and to provide FIs with new ways to engage and market to their customers. . Founded in 2010. ” Stats. How it Works.

API 25

API Online and Mobile Banking Credit Cards Use Case 25

Fintech Labs Insights

JUNE 27, 2023

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : 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.

Small Business 15

Small Business Online and Mobile Banking Acquirers Processors 15

Fintech Labs Insights

DECEMBER 2, 2021

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) .

Small Business 15

Small Business Online and Mobile Banking Credit Cards Acquirers 15

Fintech Labs Insights

AUGUST 22, 2024

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. Finovate is currently an advertiser on this site.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

Nanonets

FEBRUARY 28, 2024

These foundational documents could be invoices or cancelled checks, serving as evidence of the transactions recorded. 02/04/24 Bank Loan - ABC Bank, Loan #987654 104 5000.00 Bank Reconciliation : Tools to match bank transactions with GL entries. Mobile Access : Ability to access the GL system via mobile devices.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

PYMNTS

FEBRUARY 24, 2020

How we work, pay, are paid, shop, bank, live, play, stay well and eat will continue to be transformed by innovators who understand that the digital transformations within each of these cornerstones will create efficiencies that will save people time. In fact, the U.S. At first glance, it looks as though not much has changed.

Economy 83

Economy Online and Mobile Banking Remote Deposit Capture Innovation 83

PYMNTS

SEPTEMBER 14, 2020

Apps on mobile phones and tablets with 4G connections introduced even more flexibility to consumers to watch movies and other video content anywhere they wanted. Consumers can buy cars online and have them delivered to their driveways without ever talking to a car salesperson or going to a dealership to sign paperwork.

Innovation 98

Innovation Consumer Online and Mobile Banking Checks 98

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). Parents can set limits, send emergency cash, and check activity levels via an accompanying app. Founded: 2016. Founded: 2015.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 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. Total funding : $161M.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Technology 78

PYMNTS

AUGUST 22, 2018

No one wears just one suit of armor, and no one shops in just one place when it comes to the mixing and matching of that armor, the hunting for designer names and comparing price tags against the waxing and waning of one’s bank account. Within that, how much is online? Why should luxury fashion be any different?

Online and Mobile Banking 40

Online and Mobile Banking On-Demand Technology Innovation 40

CB Insights

SEPTEMBER 4, 2019

Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves. The relatively small, stylized rooms at Tru cost less than $100 a night and feature a smartphone-powered check-in system, designed for affordability and efficiency.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Consumer 78

CB Insights

NOVEMBER 6, 2018

Check out our real-time Unicorn Tracker for a full list.). Company Description: Founded in 2012, this Berlin-based company runs an online used car exchange via a family of sites such as Auto1.com, Earlier this year, it launched a fintech subsidiary, Auto1 Fintech, with Deutsche Bank and Allianz. Valuation: $2.5B. Valuation: $2B.

Online and Mobile Banking 76

Online and Mobile Banking Payment Solutions FinTech Debit Card 76

PYMNTS

MARCH 2, 2020

In response, the Centers for Disease Control has mobilized in a matter of weeks, using tech and the latest in diagnostic protocols — including a sophisticated test for COVID-19 — to identify any existing symptoms and help contain any possible outbreak. Gaming apps have surged in popularity in the country as people download video content.

Economy 112

Economy Online and Mobile Banking Innovation On-Demand 112

CB Insights

NOVEMBER 16, 2017

Even Peter Thiel, who wrote the first check to Facebook, later worried the company was overvalued and sat out a subsequent round while Accel maintained its conviction in Facebook. ” 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%.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78

Fintech Labs Insights

AUGUST 12, 2014

Suddenly in 2010, the fintech number grew dramatically, average of more than 7 per year. Table: YC Fintech Companies by Year Class Total Companies # Fintech Companies % Fintech 2014 (half year) 56 5 9% 2013 83 9 9% 2012 117 8 7% 2011 89 7 8% 2010 61 6 10% 2009 39 1 3% 2008 43 1 2% 2007 32 2 6% 2006 17 0 0% 2005 8 1 13% Total 545 40 7.4%

FinTech 26

FinTech Online and Mobile Banking Bitcoin Multi-Currency 26

CB Insights

OCTOBER 31, 2017

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Title: My Mobile AR Start-Up Died So Yours Doesn’t Have To. Product: Blin.gy App. Product: Raptr.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

PYMNTS

OCTOBER 21, 2019

The Greatest Hits (And Misses) Of Capturing The Magic In Mobile Payments . Among the defining stories of the last decade of payments is the long-running struggle to ignite mobile payments. The name of that mobile wallet would have been CurrentC — would have been, but never came to be.

Innovation 52

Innovation Online and Mobile Banking Payments Mobile Payments 52

CB Insights

OCTOBER 31, 2019

Commercial Banking: How JP Morgan’s chatbot saves the company 360,000 hours a year. Customer journey: Using chat to get people from online to brick-and-mortar. At the most rudimentary end of the spectrum, there are the bots that banks use to prompt callers through a phone tree, telling them to say “yes,” “no,” “check my balance,” etc.

Bots 78

Bots Legal Online and Mobile Banking Research 78