PYMNTS

APRIL 12, 2019

billion people, of whom at least 725 million have mobile devices. Founded in 2012, Jumia became the first African unicorn startup in 2016 after a $326 million funding round that included Goldman Sachs, AXA and MTN. retailers online in markets across Africa, according to reports. billion, according to reports.

Online and Mobile Banking 83

Online and Mobile Banking Financial Inclusion Digital Payments Economy 83

PYMNTS

MARCH 9, 2020

At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Many small businesses, too, are struggling to access the bank products they need to survive and thrive, like bank loans and deposit accounts.

Credit Union 75

Credit Union Community Banks Small Business Online and Mobile Banking 75

PYMNTS

APRIL 30, 2020

The coronavirus pandemic has consumers around the world turning to digital devices to access banking services. The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card Mobile Banking Adjustments 60

PYMNTS

FEBRUARY 22, 2018

While mobile banking has its perks, a new survey has found that 60 percent of Americans prefer opening a new checking account in-person at a bank branch. customers feel that online-only banks are “less legitimate” than those with branches. From mid-2012 to mid-2017, Capital One Financial Corp.

Accounts 43

Accounts Online and Mobile Banking Checks ATM 43

The Fintech Times

NOVEMBER 9, 2024

Back in 2012, Sri Lanka had the highest financial inclusion rate in South Asia with two-thirds of its population having access to formal financial accounts. It was also exploring the idea of public input on the prospect and thoughts on open banking. In the last five years, Sri Lanka’s economy has struggled greatly.

Economy 96

Economy Online and Mobile Banking Central Bank Financial Inclusion 96

PYMNTS

DECEMBER 10, 2020

identities took center stage in 2012 — the year HSBC, Europe?s s largest bank, was fined nearly $2 billion for allowing $881 million in laundered cash to pass through accounts linked to Mexican drug cartels. The London-based bank?s million annually going toward bank fines. s executives avoided potential jail sentences.

Due Diligence 80

Due Diligence Online and Mobile Banking BSA Federal Reserve 80

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

Fintech News

NOVEMBER 5, 2024

De Abreu highlighted these prospects in a recent interview with Fintech News Singapore, emphasizing the growing importance of emerging markets, including LatAm and Africa, for the global gaming industry, fueled by rising smartphone penetration, increasing digital payments and the booming popularity of mobile gaming.

APACS 109

APACS Online and Mobile Banking Payment APIs and Integration Credit Cards 109

Clearly Payments

MARCH 18, 2024

Payment Trends by People’s Age: Gen Z & Millennials (born 1981-2012): Gen Z and Millennials (those born between 1981 and 2012) are leading the way in using contactless payments. They’re also big fans of mobile wallets. billion mobile wallet users worldwide, with Gen Z and Millennials leading the pack.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

Fintech Labs Insights

MARCH 30, 2015

The Fed''s latest mobile banking/payments usage numbers ( full text ) were bouncing around the fintech blogosphere last week. Note: The online survey was fielded in December of each year. The only sour note was the flatline of mobile banking usage among smartphone owners. Why has smartphone mobile banking stalled?

Online and Mobile Banking 33

Online and Mobile Banking Mobile Banking Non-Bank Issuers 33

CB Insights

SEPTEMBER 22, 2017

Every year since 2012, Southeast Asian startups have pulled in more and more money. Southeast Asia is now home to four unicorns: two Singaporean companies, ride-hailing app Grab and online gaming company Sea , and two Indonesian companies, travel bookings site Traveloka and ride-hailing app GO-JEK. SOUTHEAST ASIA FINANCING TRENDS.

Online and Mobile Banking 76

Online and Mobile Banking Participant Bitcoin Acquirers 76

PYMNTS

NOVEMBER 26, 2019

In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to 2017. Bank Branch Closings Take Toll On Rural Communities. 25) that it will sell its StubHub ticketing operations to online ticket reseller Viagogo Entertainment Inc. for $4 billion.

Online and Mobile Banking 52

Online and Mobile Banking Federal Reserve Push-to-Card NOV 52

PYMNTS

JULY 20, 2017

New players on the digital banking scene are hoping to change the game by looking to industries that are categorically unlike banks for inspiration. Over the past few years, dozens of so-called digital-only “challenger” banks have emerged on the financial scene, ready to compete with larger more traditional banks.

Online and Mobile Banking 51

Online and Mobile Banking Non-Bank Consumer Technology 51

Segpay

JUNE 25, 2024

Pay by Bank transactions – also known as Bank Transfers, A2A, or Direct Bank Payments – are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through Open Banking.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. A Better Option For Banks. Bank ‘s recent rollout of an in-house, small personal loan product for their customers.

Underwriting 53

Underwriting Online and Mobile Banking Void Verification 53

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. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Online and Mobile Banking 53

Online and Mobile Banking Non-Bank FinTech Addressing 53

PYMNTS

JUNE 1, 2020

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands.

Innovation 53

Innovation Online and Mobile Banking Accounts SWIFT 53

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. Innovation Lab Name: IBM Mobile Innovation Lab. Avaya Labs Research center focuses on WebRTC, mobility, cloud, and video solutions. Founded: 1925. Founded: 2016.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

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

Fintech News

APRIL 10, 2025

From bustling megacities to remote villages, digital finance is breaking down barriers, giving millions access to banking, credit, and investment opportunities for the first time. It claims to run on a tech platform for mutual fund distribution, with an instant online registration process.

FinTech 113

FinTech Payment APIs and Integration Online and Mobile Banking AI 113

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. billion (US$36 million) in premiums.

FinTech 109

FinTech Online and Mobile Banking Non-Bank On-Demand 109

PYMNTS

OCTOBER 23, 2019

Tencent’s WeChat Pay is launching a new payments feature that lets people transfer funds using a mobile phone number, TechNode reported on Wednesday (Oct. Ant Financial’s Alipay — WeChat Pay’s rival — launched a comparative feature in 2012 that lets users send and receive funds using a mobile number or email addresses. .

Online and Mobile Banking 44

Online and Mobile Banking eWallet Cross-Border Non-Bank 44

PYMNTS

APRIL 25, 2016

Visa is determined to make EMV faster, Starbucks wants to make getting that cuppa joe faster, too, and is crushing it with mobile order ahead and the CFPB might be moving closer to having a fast exodus of the payday lending business once its rules drop. Overall, year over year, online fraud attacks have spiked 215 percent.

EMV 40

EMV CFPB Online and Mobile Banking CHIPS 40

PYMNTS

SEPTEMBER 11, 2017

In a nutshell, that’s what PayPal Chief Operating Officer Bill Ready said is both the problem with and the path forward for in-store mobile payments. Bill Ready said that makes the future of in-store mobile payments all about finding better ways to solve for the problems consumers do have when they shop there. Ready said.

Consumer 63

Consumer P2P PayPal Online and Mobile Banking 63

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 News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. billion (US$36 million) in premiums.

FinTech 98

FinTech Online and Mobile Banking Non-Bank On-Demand 98

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

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. Date: March 21, 2012. 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: 2012.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

PYMNTS

JANUARY 2, 2019

a number of leading tech companies have become vocal in their support of a real-time payments (RTP) network, to be created under the leadership of the Federal Reserve and different from what has been previously proposed by the big banks. In a recent example, in the U.S., Key Drivers in Place. Signing On, With ROI in Sight.

Real Time Payments 79

Real Time Payments RTP ISO 20022 Cross-Border 79

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But the online shift has also created opportunities for financial institutions to demonstrate their strong fraud controls in the digital space.

Fraud Prevention 59

Fraud Prevention Scams Online and Mobile Banking Account Takeovers 59

PYMNTS

MARCH 20, 2020

payments platform Ebury and Portuguese bank Crédito Agrícola (CA) have forged a partnership to allow the bank to work with more customers online and in a wider range of currencies, Ebury announced Thursday (March 19). Ebury was formed in 2012 by partners Salvador Garcia and Juan Lobato.

Global Payments 52

Global Payments Cross-Border Payments Acquirers 52

PYMNTS

SEPTEMBER 25, 2019

It appears unlikely at this point – even with the participation of Oprah – that Apple can mount serious competition to Amazon when it comes to the digital and mobile distribution of books, and winning over the hearts and minds of serious readers. Streaming is by far the most common subscription service (70 percent), while online games (30.6

Authorization 46

Authorization Consumer Credit Cards Origination 46

PYMNTS

JANUARY 18, 2018

Grab , the Southeast Asia ridesharing company, has inked a deal to acquire iKaaz , the mobile payment startup hailing from India. The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments.

Digital Payments 40

Digital Payments Online and Mobile Banking Payments Mobile Payments 40

PYMNTS

SEPTEMBER 19, 2017

The malware, dubbed “ ExpensiveWall ” after the fraudulent app “Lovely Wallpaper,” was loaded into 50 different mobile apps and downloaded as many as 4 million times. Online reviews company Yelp is saying Google broke its promise to stop using content from third-party websites without their permission. Yelp Raises Alarm.

Payment APIs and Integration 40

Payment APIs and Integration Federal Trade Commission Online and Mobile Banking eWallet 40

PYMNTS

JUNE 7, 2019

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. percent, respectively, in 2012. Mobile wallet usage represents just 1 percent of U.S.

Online and Mobile Banking 51

Online and Mobile Banking Government Governance Digital Payments 51

PYMNTS

NOVEMBER 2, 2020

billion in the bank. The Prime, Plus Membership Face-off: In-store Versus Online. Walmart+, as advertised, also includes mobile Scan and Go in-store using the Walmart app — a feature that has consistently failed to excite Walmart customers over the last six years. But these results also suggest that the U.S.

Consumer 98

Consumer Online and Mobile Banking Product Non-Bank 98

PYMNTS

OCTOBER 22, 2020

But perhaps more unexpectedly, consumers aren’t just looking for a new contactless form factor with which to pay, like a mobile wallet or a contactless car – but a new payment mechanism entirely. Afterpay’s Banking Expansion . million users access to checking and savings accounts. Affirm Eyes the Public Markets.

BNPL 77

BNPL Payments Trends PayPal Payments 77