Finovate

JANUARY 30, 2025

Wise was founded in 2011 under the name Transferwise to facilitate cross-border payments while bringing transparency to the fees involved. In fact, Wise estimates that from the $147 billion (118.5 billion) in cross-border transactions it facilitated globally last year, it saved customers over $2.2 billion (1.8 The company serves 12.8

Cross-Border Payments 52

Cross-Border Payments Cross-Border Facilitators Volume 52

Payments Source

OCTOBER 25, 2018

most banks and retailers seemed to have given up on contactless cards with the 2011 demise of the much-publicized Chase Blink brand. In the U.S., But the payment format is making a strong comeback in 2018.

Payments 87

Payments Payment Networks Contactless Payments EMV 87

Fintech Finance

APRIL 8, 2025

Established in 2011, the Coordinated Assistance Network (CAN) was founded by Army Veteran John Pickens and Christopher Fitzpatrick and has created impactful support initiatives that connect low-to-moderate income communities to jobs, education, housing, and a more economically secure and equitable future.

Financial Literacy 59

Financial Literacy Credit Cards On-Demand Continuity 59

The Paypers

OCTOBER 28, 2024

Bitstamp , a cryptocurrency exchange established in 2011, has received a MiFID Multilateral Trading Facility (MTF) licence.

Regulations 69

Regulations Cryptocurrency 69

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Correspondent Bank 123

Correspondent Bank Correspondent Cross-Border Cross-Border Payments 123

Fintech News

FEBRUARY 2, 2025

Founded in 2011, Wise was celebrated as a success story in London when it debuted on the London Stock Exchange a decade later. The firm added: While Wise strongly disagrees with the CFPBs characterisation of Wises conduct, we worked with the CFPB in good faith to conclude the matter. However, its global expansion has faced challenges.

Consumer Financial Protection Bureau (CFPB) 64

Consumer Financial Protection Bureau (CFPB) Regulations CFPB Cross-Border Payments 64

Axway

APRIL 19, 2019

In 2011, DoSomething.org, a non-profit organization, posted a video on YouTube featuring celebrities asking young people to donate used sports equipment to youth in need. That video was viewed by 1.5 million people. Success, you might think? Well, only eight …

Posting 79

Posting 79

PYMNTS

JANUARY 25, 2021

percent increase in volume and value, respectively, since 2011. If the RBI develops a digital currency, it could easily help further development in crypto, with the RBI reporting strong growth in digital payments in the country. According to Cointelegraph there has been a 12.5 percent and 4.5

Digital Currency 127

Digital Currency Central Bank Governance Government 127

Fintech News

MAY 11, 2025

Launched as a pilot in 2011, the service allows users to make payments, transfer money and perform other financial transactions using the Airtel Thanks App or USSD.

Cross-Border Payments 113

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 113

PYMNTS

APRIL 29, 2020

The WSJ reported a 2011 audit of SBA lending found the agency’s inspector general discovered documentation deficiencies in 40 percent of the loans it reviewed resulting in “inappropriate or unsupported loan approvals.”. Verifying how SBA loans have been used in the past has posed problems for the agency.

Audit 141

Audit Request for Comment Payroll Treasury 141

Fintech News

SEPTEMBER 3, 2024

He later moved to Visa in Singapore in 2011 and eventually led Visa Latin America’s digital product and money movement initiatives from Miami in 2017. Koker’s career includes key roles in Asia Pacific and Latin America, starting with FIS, where he worked in Manila, Hong Kong, and Bangkok.

Product 106

Product Interoperability SWIFT Innovation 106

Finovate

FEBRUARY 10, 2025

Founded in 2011 and now reaching 900 million people in 190 countries with its technology, Feedzai began 2025 by announcing a partnership with Credibanco to help the Colombian payment processing company strengthen its defenses against fraud. ” Backbase has been a Finovate alum since 2009.

Financial Crimes 64

Financial Crimes Crime Fraud Prevention Account Takeovers 64

PYMNTS

JULY 1, 2020

In 2011, PYMNTS reported on the Monnet Project , where two dozen European banks from seven countries considered starting a new European card system. This is not the first time that European banks have tried such a model.

Visa 130

Visa Online and Mobile Banking eWallet Central Bank 130

Payments Source

JULY 18, 2019

Postmates, which relied solely on Stripe Connect for accepting customer payments for its on-demand delivery service launched in 2011, is adding Adyen as another partner for payments processing.

Process 70

Process On-Demand Payments Economy 70

Fintech News

FEBRUARY 20, 2024

His earlier roles also include leading the Cyber Security Group at the Infocomm Development Authority of Singapore, now known as GovTech, from 2011 to 2015, as well as key positions in IT security at the National Computer Board. Susan Hwee Susan Hwee, NETS Chairman commented, “We are delighted to welcome Mr Yong to our Board.

Cybersecurity 110

Cybersecurity Authorization Security Digital Payments 110

Fintech News

JULY 30, 2024

Easy Pay Transfers, operating under Malaysia’s Money Services Business Act 2011, offers businesses transparent online payment services. This latest acquisition aims to enhance M-DAQ Global’s capabilities in local payments and deepen its expertise in foreign exchange across the ASEAN region.

B2B 113

B2B SDN Cross-Border Cross-Border Payments 113

PYMNTS

DECEMBER 7, 2020

The company was founded in 2011 and has worked to capitalize on banks' reduced focus on lending after the late 2000s financial crisis, working on refinancing student loans early on and has since also worked on mortgages and personal loans, according to Reuters. SoFi was valued at $4.8

Office of the Comptroller of the Currency 107

Office of the Comptroller of the Currency Cash Management Finance Checks 107

Finovate

APRIL 15, 2025

was founded in 2011 to help graduates pay off their student loans while giving businesses a strategic differentiator to improve hiring and employee retention. Student loan benefits platform Tuition.io has received an undisclosed amount of debt financing from ORIX Corporation USAs Growth Capital business. Tuition.io

Finance 52

Finance Innovation Continuity Posting 52

PYMNTS

SEPTEMBER 18, 2020

percent through Q3 2019 and was on pace to be the second-best year following 2011, according to a January report. “If it’s an obviously top 10 percent company, there’s just a huge amount of money being thrown at them by the VC world.". The Prime Unicorn Index increased 58.4

Mobile Banking 105

Mobile Banking Debit Card Non-Bank ATM 105

PYMNTS

JULY 22, 2020

In addition, a JLL executive noted in the report that industrial rent growth has been positive as of 2011. In addition, JLL forecasted that the U.S. will require a further 100 million square feet of cold storage space within the few years to come.

APACS 104

APACS On-Demand Automation Innovation 104

PYMNTS

MAY 15, 2019

trillion: Projected annual business travel spend by 2011. trillion: Net amount U.S. firms are owed in accounts receivable on any given day. percent: Firms that regularly use immediate payment services.

Payments 74

Payments Research Innovation Accounts 74

PYMNTS

JANUARY 7, 2021

When Mambu launched in 2011, we knew the future of banking would have to be built on agile and flexible technology,” Eugene Danilkis , co-founder and CEO of Mambu, said in a press release. Nearly a decade later, this is more true now than ever, particularly given developments over the past year.”.

Payroll 102

Payroll Finance Addressing Research 102

Fintech News

APRIL 10, 2024

Temasek’s investment in the EMEA region has seen a significant increase, with the company’s exposure growing nearly fivefold since 2011, reaching S$47 billion (€32 billion), which accounts for 12% of its portfolio as of 31 March 2023.

Economy 106

Economy Finance Innovation Accounts 106

CB Insights

JULY 1, 2020

Founded in 2011, nCino aims to help financial institutions digitize operations and automate workflows, providing a digital operating system for banks and credit unions. North Carolina-based nCino , a cloud-based banking software company, is going public. Want the full post? Become a CB Insights customer.

Credit Union 68

Credit Union FinTech Automation Research 68

Axway

OCTOBER 3, 2023

Le concept d’État-plateforme a été inventé en 2011 par Tim O’Reilly, un entrepreneur et éditeur américain spécialisé dans le numérique. Il a été repris et développé en France par Nicolas Colin et Henri Verdier, deux entrepreneurs du numérique français, dans …

Governance 59

Governance Government 59

PYMNTS

APRIL 16, 2020

Launched in 2011, Transferwise is Europe’s most valuable FinTech and is known for charging much lower rates than mainstream banks or specialty money transfer services. Menager said PagoFX was “inspired by” One Pay, which the bank ultimately decided against using for its open-market business.

FinTech 98

FinTech Cross-Border Blockchain International Payments 98

PYMNTS

JUNE 25, 2020

Data: 2011: The year Newegg launched a marketplace model where other sellers accessed its eCommerce platform. And Newegg is mastering the art of the pivot , having piloted a unique business model with a platform that directly connects suppliers and consumers. All this, Today in Data. 186B: Amount of social commerce sales in China in 2019.

Consumer 69

Consumer Payments 69

Fintech Finance

JUNE 18, 2024

Founded in 2011, the global fintech now processes more than US$35 billion of payments each year. The post GoCardless Works With Federation of Small Businesses to Help Its Members Tackle Late Payments appeared first on Fintech Finance.

Small Business 97

Small Business Payments Addressing Payments Strategy 97

PYMNTS

OCTOBER 6, 2020

One year ago, Piper Jaffray researchers found that American teens spent $2,371 per year, the lowest level for the age group since the fall of 2011. Teen spending has been on the decline long before the coronavirus brought the economy to a virtual halt. The data, gathered from 9,500 teens across 42 U.S. states, with an average age of 15.8

Economy 102

Economy Research Consumer 102

Finextra

OCTOBER 17, 2024

Corner Post, a North Dakota truck stop, is challenging the Federal Reserve’s 2011 rules governing debit interchange revenue established pursuant to the “Durbin Amendment” in the Dodd-Frank Act. The Bank Policy Institute (BPI) and The Clearing House Association filed a motion to intervene today in Corner Post, Inc.

TCH 52

TCH Posting Federal Reserve Rules 52

PYMNTS

NOVEMBER 24, 2020

Founded in 2011 by Aman Narang , Jonathan Grimm and Steve Fredette , the startup closed a $400 million funding round in February at a $4.9 The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 billion valuation pre-pandemic in February. billion valuation. .

Point-of-Sale (POS) 92

Point-of-Sale (POS) Contactless Payments NOV Facilitators 92

Fintech Finance

NOVEMBER 18, 2024

The second phase will completely replace the existing safeguarding requirements under the Electronic Money Regulations 2011 and Payment Services Regulations 2017 with a new chapter of CASS, (CASS 15). This phase will put more onus on payment providers to implement better record keeping, reporting and monitoring processes.

Consulting 97

Consulting Payments Regulations Procedures 97

PYMNTS

DECEMBER 18, 2020

The social commerce marketplace founded in 2011 connects sellers of used clothing, shoes and accessories to buyers looking for deals. The price range and the number of shares being offered have not yet been determined. Morgan Stanley and Goldman Sachs are leading the offering. Poshmark reports that it has transacted $1.1

Posting 82

Posting On-Demand Volume Transactions 82

Finovate

OCTOBER 4, 2024

Check out this roster of Dutch fintechs that have demoed their innovations on the Finovate stage.

Innovation 64

Innovation AI Payment APIs and Integration Online and Mobile Banking 64

Fintech News

MARCH 27, 2024

Since joining as the second employee in 2011, Toy has been instrumental in the firm’s development, culminating in her promotion to partner in mid-2021. Her appointment as COO marks a continuation of her leadership journey, now with a broader mandate to oversee operational excellence and support the firm’s strategic expansion efforts.

Facilitators 60

Facilitators Continuity FinTech Posting 60

PYMNTS

FEBRUARY 18, 2020

Volocopter was founded in 2011 and is a pioneer in urban air mobility. The startup said it demonstrated in 2011 that electrically powered vertical flight is possible for humans. The collaboration could “eventually extend intermodal mobility to the skies.” .

Use Case 65

Use Case Authorization Innovation Posting 65

Neopay

FEBRUARY 5, 2025

This latest communication is particularly relevant to firms authorised under the Payment Services Regulations 2017 (PSRs) and the Electronic Money Regulations 2011 (EMRs), including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and Registered Account Information Service Providers (RAISPs).

Fraud Prevention 52

Fraud Prevention Financial Crimes Compliance Payments 52