PYMNTS

NOVEMBER 6, 2019

bank account have access to Zelle in their mobile banking app,” Lou Anne Alexander, group president, payments solutions at Zelle operator Early Warning, said in a press release. Last month, Bank of America revealed that it saw a 76 percent year-over-year increase in Zelle payments in Q3.

P2P 42

P2P Zelle Venmo Debit Card 42

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 The accounts come with debit cards, digital payments and free check cashing, but do not allow overdrafts.”. a month and no minimum balance,” according to Reuters. fee each month.

Consumer 70

Consumer Online and Mobile Banking FDIC Checks 70

PYMNTS

NOVEMBER 4, 2019

More than 600 financial institutions are currently contracted to participate on the Zelle network, including 254 that are processing transactions, as well as the 5,516 banks represented by their customers using the Zelle app. consumers can send money domestically through MoneyGram to a recipient’s eligible debit card.

P2P 40

P2P Zelle Venmo Consumer 40

PYMNTS

JULY 25, 2019

market on July 11, 2019, offering customers mobile-only checking accounts and accompanying debit cards as a first step. N26 was founded in 2013, launched in 2015 and now serves 3.5 N26 officially entered the U.S. Bringing a global fraud approach to a new local market. It is growing its U.S.

Online and Mobile Banking 65

Online and Mobile Banking Data Breach Breach Phishing 65

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). And with BillGuard, users get credit/debit card transaction monitoring (powered by Yodlee ) for free. Fees in U.S.

Identity Theft 26

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

CB Insights

SEPTEMBER 10, 2019

This openness to banking alternatives presents opportunities for fintech startups looking to innovate in financial services from the outside. As of 2013, 70% of millennials believed that the way that people purchase things would be totally different in 5 years, and 33% believed that one day they won’t need a bank at all.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

Finovate

MARCH 15, 2024

Other recent Finovate alums headquartered in Sweden include StockRepublic (FinovateEurope 2023), Econans (FinovateEurope 2021), Minna Technologies (FinovateEurope 2019), and Trustly (FinovateEurope 2013. Swedish payments network and shopping assistant Klarna has begun to introduce open banking-powered settlements in the U.K.

Central Bank 52

Central Bank Payment Service Provider (PSP) Non-Bank Settlement 52

Fintech Labs Insights

AUGUST 3, 2016

The company announced today that it is transitioning away from its origins as a payment card system in order to embrace real-time, P2P mobile payments. ” Specifically, the company is abandoning its white-label, bank-oriented debit card strategy in favor of “instant P2P transfers utilizing mobile phones and online systems.”

Online and Mobile Banking 15

Online and Mobile Banking P2P Debit Card Payments 15

CB Insights

AUGUST 23, 2018

That said, it would not be surprising if this feature were to eventually roll out on the Chase Mobile app. Mobile apps. JPM offers a host of mobile apps, amassing nearly 32M active mobile customers. ChasePay is the bank’s digital wallet. Chase Mobile. ChasePay was introduced by JPM in late 2015.

Consumer 76

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

Fintech Labs Insights

APRIL 12, 2024

It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access). An ongoing feature in the first 20 years was an ad hoc OBR Best of the Web awarded to new digital features which raised the bar in online/mobile banking.

Online and Mobile Banking 15

Online and Mobile Banking Innovation FinTech NOV 15

PYMNTS

AUGUST 5, 2016

Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. Senders don’t have to ask receivers for the ABA and routing number of the bank account they’d like the money deposited to either – and then when the 99.9 Dynamic Pricing Algorithms.

Bitcoin 43

Bitcoin Multi-Currency Push-to-Card Chip Cards 43

Fintech Labs Insights

AUGUST 26, 2020

In the first 9 years of YC (2005 thru 2013), only 24 YC companies were in the fintech space though two of those early participants are now decacorns ($10B+). Startups 2005 1 2006 0 2007 1 2008 1 2009 2 2010 2 2011 6 2012 5 2013 6 2014 13 2015 19 2016 17 2017 27 2018 23 2019 40 2020 50 Source: YCDB.co, TechCrunch. Year Fintech.

Payment APIs and Integration 12

Payment APIs and Integration FinTech API Product 12

PYMNTS

APRIL 30, 2018

LendingClub makes unsecured personal loans to consumers, mostly to consolidate and pay off credit card debt and more recently to refinance auto loans. Most, though, aren’t really banks in the true sense of the word at all. Some digital banks encourage savings via the Federal Deposit Insurance Corporation bank behind them.

FinTech 73

FinTech Blockchain Distributed Ledger Technology (DLT) FTC 73

Fintech Labs Insights

APRIL 18, 2016

Bankjoy : Mobile banking for credit unions. PayTango : PayTango links the cards in your wallet to your fingerprints. Standard Treasury : APIs for commercial banks. Swish : Mobile point of sale solution. True Link Financial : Debit card with spending controls. Total Companies. Fintech Companies.

FinTech 18

FinTech Online and Mobile Banking Small Business Bitcoin 18