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. A report by Juniper Research predicts that by 2024, there will be 4.6

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

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

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

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

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

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. percent between 2017 and 2026. percent and 21.5

Online and Mobile Banking 51

Online and Mobile Banking Government Governance Digital Payments 51

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

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

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

CB Insights

OCTOBER 10, 2017

How Level Money designed itself specifically for a mobile-first experience. Daily bill payments from Check’s mobile app reached over $1M in daily volume in just one year. Keeping users around is hard: according to Localytics, the average mobile app loses 80% of its users within just three days of download. Let’s dig in.

Finance 78

Finance Online and Mobile Banking Product Checks 78

PYMNTS

AUGUST 10, 2016

In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed. After extracting this information, criminals use it to steal money from victim bank accounts.

Innovation 40

Innovation Online and Mobile Banking Credit Cards Research 40

PYMNTS

JULY 25, 2018

The mobile phone, television and personal computer took 13, 14 and 15 years, respectively, to hit the 25 percent mark. Voice assistants, on the other hand, have taken four years — starting in 2012, the year Siri was first rolled out to the public.

AI 40

AI Online and Mobile Banking Consumer Technology 40

CB Insights

OCTOBER 6, 2017

Download our research briefing to dive into private market trends, startups working on ‘general AI’ or human-like intelligence, and the most prominent industries using AI algorithms. Quant hedge fund Two Sigma is hiring researchers for its new deep learning team. Outsize impact on the labor markets. Professions at the greatest risk.

AI 69

AI Risk Automation On-Demand 69

PYMNTS

JUNE 14, 2019

Big Debate Of The Week: Did Amazon’s Estimated Online Market Share Just Drop? While Amazon is fairly tight-lipped about specific numbers, eMarketer has cut its estimate of Amazon’s current online commerce market share in the U.S. percent of online commerce this year — a sharp drop from its prior estimate of 47 percent.

Push-to-Card 40

Push-to-Card Online and Mobile Banking On-Demand Accounts 40

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. Zeed: Raised $250k for its investing app. Debbie: Raised $2.7M

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

CB Insights

AUGUST 1, 2017

This team (called Discover) is led by Jay Zaveri, and conducts research, ideation and incubations, with a focus on hard problems that we don’t see being addressed in our venture pipeline. Consumer: Forge is a social network for the online gaming community. Research vessels cost up to $100K per day to operate. Exit activity.

Participant 34

Participant Online and Mobile Banking Acquirers On-Demand 34

Nanonets

AUGUST 1, 2023

The 2012 AuditNet Audit Use of Technology Survey showed that while data analysis software was the most widely used category of audit software, a substantial number of auditors employed these tools on an ad hoc or not-at-all basis. Integration with NetSuite, Quickbooks Online, Xero, and Sage Intacct. The situation has changed now.

Audit 40

Audit Automation Risk Assessment Payment APIs and Integration 40

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 17, 2020

As NYU Stern School of Business professor and digital transformation researcher Arun Sundararajan notes: “Crisis can be… a catalyst or can speed up changes that are on the way — it almost can serve as an accelerant.”. In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

CB Insights

JUNE 6, 2019

After evaluating the vehicle, the EPA gave The Coda a fuel economy equivalence of 73 miles per gallon, the highest of any electric vehicle on the market in 2012. In December 2012, Coda was forced to lay off 15% of its total workforce. By February 2014, Quirky had just $50M left in the bank and was burning through almost $6M per month.

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%. Lightspeed Venture Partners made its first investment in Snap by backing a $480K seed round in May 2012. round, which put Facebook’s valuation at $468M.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78

CB Insights

SEPTEMBER 4, 2019

Virtually all campers reported bringing their some kind of tech device with them camping, primarily in case of emergencies or to research safety issues. Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Consumer 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

CB Insights

NOVEMBER 6, 2018

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. Company Description: Based in Sweden, Klarna provides online payment solutions.

Online and Mobile Banking 76

Online and Mobile Banking FinTech Payment Solutions Debit Card 76

Fintech Labs Insights

AUGUST 12, 2014

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% Standard Treasury [link] APIs for commercial banks. During the past 4.5 One solution.

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

CB Insights

MAY 23, 2019

Pixelon: Online video vaporware. Holmes’ claims about Theranos’ blood-testing technology weren’t just exaggerations or selective interpretations of clinical research data; they were quite literally impossible. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US.

Online and Mobile Banking 78

Online and Mobile Banking Wire Wires Push-to-Card 78

CB Insights

NOVEMBER 29, 2018

Venture-backed companies are taking on every part of the payments value chain, from the point-of-sale to bank APIs to cross-border payments. were made on mobile devices, a jump up from last year’s 29.1% Not to be outdone, Cyber Monday became the biggest US online shopping day in history, generating $7.9B I want my money.

Blockchain 41

Blockchain Cross-Border Payments Online and Mobile Banking Cross-Border 41