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 Micro-Entry Advisors 77

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 112

FinTech Payment APIs and Integration Online and Mobile Banking AI 112

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% 1 SafeGold (India) SafeGold operates a digital gold platform, allowing customers to buy, sell, gift, and redeem gold online. 2 Alami Sharia (Indonesia) Alami Sharia specialises in Sharia-compliant peer-to-peer lending.

FinTech 104

FinTech APACS Payment APIs and Integration Multi-Currency 104

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

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. Originally founded as Sun Microsystems Laboratories, it was rebranded Oracle Labs after their acquisition in 2010. Innovation Lab Name: IBM Mobile Innovation Lab.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

PYMNTS

AUGUST 9, 2017

While UnionPay can boast an impressive 35 percent year-over-year growth, mobile payment methods — particularly Alibaba’s Alipay and WeChat Pay — have grown an estimated 85 percent during the same time period and have come to dominate the payments market in many of China’s urban areas. But looks can be deceiving. The JD.Com Pair-Up.

Online and Mobile Banking 46

Online and Mobile Banking Payments Push-to-Card Mobile Payments 46

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. In some ways, we are one of the original platform companies.

Visa 130

Visa Technology Payments Encryption 130

CB Insights

APRIL 10, 2019

While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets. Amazon applied for a similar patent for passive monitoring in 2014, which was later granted in 2017. At the same time, the tech is highly controversial — with privacy as a point of concern.

Law Enforcement 78

Law Enforcement Online and Mobile Banking Use Case Laws 78

CB Insights

OCTOBER 29, 2018

Date: April 25, 2014. Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. Ballmer led Microsoft’s purchase of Nokia for over $7B in a deal finalized in 2014. Date: January 13, 2014. Bank of America and Countrywide. Microsoft and Nokia. Price: $7.9B.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

Stax

NOVEMBER 13, 2023

Google was the first, in 2011, to enable contactless payments via their mobile app. Apple Pay caught up in 2014; in 2015, the wearables market made everyone aware of the tap’s potential. In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. No contact, no germs.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

CB Insights

AUGUST 14, 2018

It was the first example of a smart mobile phone. Onlookers were unsure what this device would compete with: Would it hurt mobile phone makers like Nokia or developers of handheld planners like Palm, who were also trying to enter into the phone space? That will be their role in mobile phones as well.”. original iPhone. “No

Bitcoin 78

Bitcoin Online and Mobile Banking Advisors Origination 78

PYMNTS

SEPTEMBER 10, 2019

Use cases for the digital ID wallet could include accessing age-restricted places like bars, signing into services like online tax filing or verifying identities at polling stations. Bank of America recently applied to patent a security system with a digital wallet interface that fuels a layered authentication system.

Verification 54

Verification Authentication Governance Government 54

PYMNTS

JULY 1, 2019

billion, revenue was up 45 percent, profits were up 71 percent and mobile was driving a stunning 87 percent of ad revenue, just to highlight a few of the notable and impressive headlines. When Tencent made the move to mobile and launched WeChat in 2011, it had to persuade QQ users to download and use the WeChat app.

Bots 62

Bots Online and Mobile Banking Regulations PayPal 62

PYMNTS

JULY 3, 2018

There are plenty of mobile deposit apps for consumers, but there are far fewer focused on commercial mobile deposits. Tom Berdan, CMO of DadeSystems , said enabling commercial mobile deposits saves time by letting workers close transactions as soon as jobs are completed. DadeSystems. Jewel Paymentech. AvidXchange.

Mobile Deposit 40

Mobile Deposit Online and Mobile Banking APACS Fraud Prevention 40

PYMNTS

AUGUST 11, 2017

The conventional wisdom about password creation was wrong, and the reveal of that information came from no less an authority than the original author of said conventional wisdom. The original standards were written in 2003, Burr noted, and there wasn’t nearly as much data about building an effective password back then. Appendix A.”.

ATM 47

ATM Online and Mobile Banking Origination Authorization 47

PYMNTS

OCTOBER 17, 2016

But Bisignano stuck with the original plan for one simple reason: His customers and his team said they were ready. billion to its bank account — and not the $3.7 That, Bisignano said, meant pushing First Data’s pedal hard on mobile, global and digital. Market volatilities made going to the public markets risky.

Small Business 76

Small Business Online and Mobile Banking Process Innovation 76

Nanonets

MAY 30, 2023

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021.  Bank transfers and digital wallets are more recent developments that have leveraged the rapid expansion in digital data and interconnectivity.

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Online and Mobile Banking Payment Reconciliation 52

PYMNTS

NOVEMBER 8, 2017

Interest in real-time payments platforms is growing at an ever-faster pace,” reflected FIS’ chief operating officer for banking and payments, Anthony Jabbour, in a statement. Consumer payments and demand for faster mobile payments solutions drive the development of Denmark’s program, FIS explained.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

JUNE 23, 2016

When shopping online, Germans would rather have their bills delivered to their homes and pay by cash-on-delivery rather than via cards and internet banking, Delnevo said. In a 2014 survey , about two-thirds of the Swedish population voted that using cash to shop should be an “inalienable human right,” Delnevo noted. The result?

ATM 41

ATM Credit Cards ATMIA Privacy 41

PYMNTS

AUGUST 12, 2016

Barcode-Based Mobile Payments. CVS announced yesterday that it will launch its own mobile payments app, CVS Pay, which will expedite payment when prescriptions are being picked up. It’s worth noting that CVS supports no other mobile wallet at this point. Online Lending. Global Citizens. Apple And The Aussies.

Rules 40

Rules Fincen Online and Mobile Banking Cross-Border 40

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. bank accounts.

Finance 78

Finance Online and Mobile Banking Product Checks 78

CB Insights

MARCH 27, 2018

Online retailer Overstock.com, which traditionally sells home goods, clothing, and beauty products, announced December 14 that it would look to sell or reorganize its retail business in order to focus on blockchain. In the past couple weeks, the volatile stock has spiked once more, closing at more than $70 on 3/23. Overstock.com. NXT-ID INC.

Blockchain 48

Blockchain Cryptocurrency Bitcoin Accreditation 48

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

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Online courses & content.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

CB Insights

JUNE 6, 2019

We were promised a future of jetpacks and flying cars — and it’s 2014. By February 2014, Quirky had just $50M left in the bank and was burning through almost $6M per month. Sales dipped to $85M in 2014, falling even further $77M in 2015. Quirky: Enthusiasm is no substitute for quality control. Founded: 2009.

Breach 78

Breach On-Demand Product Online and Mobile Banking 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%. Facebook’s $22B acquisition of WhatsApp in 2014 was (and still is) the largest private acquisition of a VC-backed company ever. Lending Club. Stemcentrx.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78

The Fintech Times

FEBRUARY 29, 2024

In fact, those living in the United States and similar have had digital wallets for many years now with most stores having NFC readers and phones having functions like Apple Pay and Google Pay since 2014. “First, the existing banking infrastructure in these regions is often poor and outdated. .”

Online and Mobile Banking 69

Online and Mobile Banking Payment APIs and Integration Bitcoin Blockchain 69

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

CB Insights

OCTOBER 31, 2017

2014 Second Update (9/24/2014). 2014 First Update (6/3/2014). Original 50 Startup Failure Post-Mortems (1/20/2014). Title: My Mobile AR Start-Up Died So Yours Doesn’t Have To. Background: Pearl was founded in 2014 by three ex-Apple iPod engineers, and hired dozens of other ex-Apple employees.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

CB Insights

OCTOBER 31, 2019

Commercial Banking: How JP Morgan’s chatbot saves the company 360,000 hours a year. Customer journey: Using chat to get people from online to brick-and-mortar. At the most rudimentary end of the spectrum, there are the bots that banks use to prompt callers through a phone tree, telling them to say “yes,” “no,” “check my balance,” etc.

Bots 78

Bots Legal Online and Mobile Banking Research 78

CB Insights

NOVEMBER 9, 2017

So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. He believed Powa would set down mobile payments infrastructure that would be just as revolutionary. Company: Amp’d Mobile. via MDDI Online. ” via Indianapolis Business Journal. via Engadget.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

CB Insights

OCTOBER 4, 2018

Ant Financial was initially launched to support online payments. As the financial affiliate of Chinese e-commerce giant Alibaba Group , Ant Financial encapsulates a fintech ecosystem that starts with its dominant mobile payments service, Alipay, and expands into credit scoring, wealth management, insurance, and lending. Looking ahead.

Online and Mobile Banking 78

Online and Mobile Banking FinTech Mobile Payments Credit Cards 78

CB Insights

NOVEMBER 29, 2018

It’s used for applications like tracing the origin of tainted food (hello, romaine!), 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% Trends on trends. I want my money.

Blockchain 41

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