Finovate

JUNE 6, 2025

TransferMate Announces Strategic Partnership with Deutsche Bank Embedded B2B payments infrastructure-as-a-service company TransferMate has forged a strategic partnership with Deutsche Bank. In a statement, Deutsche Bank’s Head of Cash Management & Head of CB APAC MEA, Ole Matthiessen, highlighted the opportunity in APAC.

Cross-Border Payments 52

Cross-Border Payments APACS Payments Cross-Border 52

PYMNTS

FEBRUARY 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb. There are more than 2.5

Payment APIs and Integration 92

Payment APIs and Integration Online and Mobile Banking Payment Gateways ATM 92

PYMNTS

JULY 31, 2020

Credit unions (CUs) have competed with banks that offer similar products for years, but their strength has long remained in the value of member relationships and ownership in the CU. Challenger banks and neobanks are projected to grow at a compound annual growth rate (CAGR) of 46 percent worldwide over the next five years.

Credit Union 62

Credit Union Online and Mobile Banking ATM Data Security 62

PYMNTS

MARCH 18, 2019

The financial institution on Monday (March 18) “began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 Thasunda Duckett, chief executive of Chase Consumer Banking, told the news service she “hopes the new accounts will attract more low-income individuals and people who have never had bank accounts.”

Consumer 70

Consumer Online and Mobile Banking FDIC Checks 70

PYMNTS

JANUARY 23, 2018

The Bank of America has reportedly done away with a free checking account that was popular among low-balance customers, forcing them to save more money with the national bank or face a monthly fee. More recently, some customers expressed outrage with Bank of America’s move, with a Change.org petition landing 45,000 signatures.

Checks 56

Checks Accounts Direct Deposit Online and Mobile Banking 56

PYMNTS

JANUARY 23, 2018

Bank of America is facing backlash from customers who’re getting shut out of the company’s free checking account offering. Bank of America was known to care for both their high-income and low-income customers. This is what made Bank of America different,” wrote San, according to CNBC. “I fee each month.

Checks 43

Checks Direct Deposit Online and Mobile Banking ATM 43

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

PYMNTS

DECEMBER 7, 2016

InAuth provides mobile device authentication and intelligence solutions for financial institutions, banks, payment networks and merchants — and its reason for being is to figure out fraud at the device level, before the transaction ever gets off the ground. The changing commerce landscape. ”

Acquirers 90

Acquirers Online and Mobile Banking Zelle Push-to-Card 90

PYMNTS

OCTOBER 25, 2018

Today’s coverage includes a big Facebook tech move, and a pending rules change for big banks in the U.S. Fed Mulls Big Bank Rules Change o n Oct. The central bank’s board will meet on Oct. 31 to consider a proposal to implement several provisions of the rewrite of the 2010 Dodd-Frank Act. Facebook Developing AR Glasses.

Online and Mobile Banking 51

Online and Mobile Banking Fed Small Business Rules 51

Payment Savvy

AUGUST 27, 2020

It is not a surprise that consumers today are making more online payments than ever before. Interestingly enough, research by PWC found that the number of consumers making mobile purchases increased from 7% to 17% from 2010-2017. Plus, it allows revenue to quickly and easily hit your business bank account. Bank Transfers.

Consumer 52

Consumer Online and Mobile Banking Direct Deposit Payments 52

Fintech Labs Insights

AUGUST 10, 2015

Not long after the dawn of the app age (when Apple opened up its very closed iOS garden to third-parties in summer 2008),* we predicted there would be 20,000 to 30,000 mobile banking apps available by 2025. They are not unheard of in banking, but they are just beginning to take hold. 6 (published March 2010). .

API 29

API Online and Mobile Banking Push-to-Card Mobile Banking 29

PYMNTS

MARCH 30, 2020

Bad actors can attack debit cards in many different ways, from deploying card skimmers in physical point-of-sale (POS) devices to stealing payment credentials as well as hacking online databases to make off with sensitive card information. Deep Dive: How Card Networks Must Compete For Merchants’ Debit Routing.

Debit Card 66

Debit Card Venmo Point-of-Sale (POS) Online and Mobile Banking 66

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

Fintech Finance

FEBRUARY 12, 2024

The research showed that online and in-person cash payments are the most popular ways to pay, while over a quarter of consumers want to pay via Direct Debit. A further 17% prefer to pay via a mobile app when booking, followed by mobile in-person such as Google Pay (14%) and over the phone (13%).

Research 52

Research Online and Mobile Banking Payments Credit Cards 52

PYMNTS

MAY 6, 2019

Bank of America Merchant Services, the payments, eCommerce and security services company announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Since its launch in 2010, Recurly has deployed subscription billing for thousands of companies across 32 countries.

Online and Mobile Banking 40

Online and Mobile Banking Digital Payments Process Security 40

Fintech Labs Insights

MAY 19, 2015

So, if you want to get your core customers’ kids engaged with the bank, your strategy pretty much must begin with (and can probably end with), mobile. Banks haven’t really been able to devote resources to mobile youth banking as yet. adult) mobile banking was introduced.

Online and Mobile Banking 26

Online and Mobile Banking Mobile Banking Audit Accounts 26

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

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

PYMNTS

JANUARY 15, 2020

Raisin will license Choice FS’ software to banks in the U.S., Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. billion) in deposits for German banks like Commerzbank and N26. platform,” said Raisin U.S. CEO Paul Knodel.

FinTech 52

FinTech Credit Union Deposit Account Online and Mobile Banking 52

CB Insights

JULY 19, 2017

With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Founded: 2010. Originally founded as Sun Microsystems Laboratories, it was rebranded Oracle Labs after their acquisition in 2010. Innovation Lab Name: X.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

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

PYMNTS

MAY 6, 2019

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. Act Three: Facebook execs meet with the Fed and central banks. But not their money. Go find your billion dollars elsewhere, they say.

Online and Mobile Banking 83

Online and Mobile Banking PayPal Blockchain Innovation 83

Payment Savvy

FEBRUARY 10, 2021

Whether your business is accepting payment online or in-store, it’s essential to include credit card processing systems. The credit card process starts when a client’s card information processes at a POS terminal or online via a virtual terminal. Issuing Bank. After the issuing bank receives payment, authentication occurs next.

Credit Cards 52

Credit Cards Process Processors Online and Mobile Banking 52

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

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 Research 71

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

Wharton Fintech

FEBRUARY 26, 2024

Next big acceleration was mobile, because suddenly you could be online all the time, and being online was always with you. We saw a progressive shift from people interacting physically to first, e-commerce: things coming online, people buying that way. We are not the bank. We are not the merchant.

Visa 130

Visa Technology Payments Encryption 130

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. and around the world. At least not yet.

Online and Mobile Banking 60

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

Fintech Labs Insights

JUNE 22, 2015

online banking are rarer than the (not-so) mythical fintech unicorn. And mobile banking fees are pretty much non-existent outside a few remote deposit fees (see previous post). The service is mobile only, and the company currently has no plans to add it to the desktop version. Fees in U.S.

Identity Theft 26

Identity Theft Online and Mobile Banking Non-Bank Debit Card 26

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

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.

Payment Gateways 52

Payment Gateways Gateways Payments Online and Mobile Banking 52

CB Insights

SEPTEMBER 19, 2017

Rounding out the top 3 are electronics company Xiaomi ($46B) and online lending platform Lu.com ($18.5B). China Development Industrial Bank, Tencent Holdings, Morningside Ventures. Sequoia Capital China, China Merchants Bank, China Minsheng Banking Corp. Matrix Partners China, China Mobile, Warburg Pincus.

Non-Bank 78

Non-Bank Online and Mobile Banking Technology Innovation 78

Fintech Labs Insights

JUNE 23, 2015

A new mobile rewards program, “Lake Trust GO,” will soon be available to the more than 170,000 members of the Lake Trust Credit Union courtesy of a new partnership between the credit union and Larky. Larky co-founder Andrew Bank called Lake Trust CU “innovative” and one of Michigan’s leading credit unions.

Credit Union 22

Credit Union Online and Mobile Banking Enrollments Debit Card 22

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. While November 2010 saw the release of the new Windows Phone with a new platform, it never caught on with consumers. Bank of America and Countrywide. Download the free 31-page State of Innovation report. Microsoft and Nokia.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

PYMNTS

AUGUST 27, 2018

Banks $88 Billion Bad Debt Concern . The delinquent credit rate is ticking up, and banks are reacting by dialing back new account approvals. Quarterly write-offs of bad credit card debt hit their high at nearly $19 billion in the first quarter of 2010 and fell to $5 billion in 2015. T-Mobile’s Data Breached.

Data Breach 41

Data Breach Breach Credit Cards Online and Mobile Banking 41

Seon

MAY 23, 2024

Device checks have proliferated alongside the rise of mobile devices, and with them has come a myriad of vulnerabilities, exploited by cybercriminals through techniques such as SIM swaps and mobile malware attacks. The post Traditional Fraud Prevention Measures Aren’t Enough appeared first on SEON.

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