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

PYMNTS

OCTOBER 7, 2016

billion online during the run-up to Diwali, according to RedSeer Consulting. Some bitcoin companies see this period as a time to push the adoption of bitcoin in a country that has a large unbanked population at 21 percent. The merchant Zebpay is enabling some of its users to buy discount gift cards of popular U.S.

Bitcoin 99

Bitcoin Online and Mobile Banking Blockchain Payment APIs and Integration 99

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

Contactless Payments 88

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

PYMNTS

MARCH 10, 2016

It may not be the year of mobile payments — yet — but it is certainly the year mobile payments players are laying the groundwork for what they know is inevitable. This week, PYMNTS dug into the week of mobile pay news to bring you the latest from the ecosystem. Early Warning Boosts Big Banks’ P2P Power.

Online and Mobile Banking 41

Online and Mobile Banking EMV P2P Mobile Deposit 41

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2 percent of the U.S.

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91

Fintech Labs Insights

JULY 16, 2015

Alfa-Bank’s Sense Financial Advisor brings personalization to larger universal banks by using big data analysis and artificial intelligence. The Buzz Points mobile app and merchant portal benefits local financial institutions and local businesses by creating a currency to incentivize account holders.

Online and Mobile Banking 26

Online and Mobile Banking Payment APIs and Integration Advisors Push-to-Card 26

PYMNTS

MARCH 24, 2016

The world of mobile payments news this week started out in the one region of the world that doesn’t often make much news when it comes to what U.S. companies are doing in mobile commerce: Cuba. Which brought about news from some of the biggest players in mobile payments, like Xoom, PayPal and Western Union.

Online and Mobile Banking 44

Online and Mobile Banking PayPal Mobile Payments Push-to-Card 44

PYMNTS

JULY 25, 2019

Retail Card Programs. The push toward better loyalty and rewards power in retail is also being seen outside the world of QSR operations. Citi ThankYou cardmembers can also redeem their ThankYou Points for eligible purchases online, including pending transactions. It recently said it has acquired U.S.-based Value of Location.

Push-to-Card 53

Push-to-Card Online and Mobile Banking Card Services Enrollments 53

PYMNTS

JULY 10, 2017

Visa’s push into mobile payments continues when late last month it announced its strategic investment in Klarna, the 12-year-old, Sweden-based startup focused on payments and POS financing that counts 70,000 eCommerce sites among its 65 to 70 million customer roster throughout 18 countries. as a market entered as late as 2015.

Online and Mobile Banking 40

Online and Mobile Banking Push-to-Card API Use Case 40

PYMNTS

FEBRUARY 24, 2016

Now, however, new details have surfaced as to why China’s banks were finally ready to jump on the Apple Pay bandwagon. According to a report in the Chinese news site Caixin , Apple cut a deal with Chinese banks to charge them less fees than what it charges banks in the U.S. banks fork over to Apple per transaction.

Online and Mobile Banking 40

Online and Mobile Banking Push-to-Card Mobile Payments Card Issuer 40

PYMNTS

SEPTEMBER 6, 2019

Coverage includes a story about how bamboo straws signal a new phase in global commerce, a new mobile payment network and Amazon’s latest push into biometrics, among many other topics and original PYMNTS research. Seven EU Firms Form X-Border Mobile Payment Network. Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct.

Cross-Border 46

Cross-Border Cross-Border Payments Innovation Online and Mobile Banking 46

PYMNTS

AUGUST 27, 2018

Banks $88 Billion Bad Debt Concern . The delinquent credit rate is ticking up, and banks are reacting by dialing back new account approvals. Credit card debt made it over the $1 trillion mark in 2017, making it the third non-mortgage lending category to have surpassed the ten-digit mark in measuring consumer debt. In fact, at 3.4

Data Breach 41

Data Breach Breach Credit Cards Online and Mobile Banking 41

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. A bashing that started in Europe in 2015 when the European Commission filed suit against Google for anticompetitive practices has accelerated sharply worldwide. Top Performers.

Payment APIs and Integration 40

Payment APIs and Integration Push-to-Card B2B Online and Mobile Banking 40

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. A bashing that started in Europe in 2015 when the European Commission filed suit against Google for anticompetitive practices has accelerated sharply worldwide. Top Performers.

Payment APIs and Integration 40

Payment APIs and Integration Push-to-Card B2B Online and Mobile Banking 40

PYMNTS

DECEMBER 20, 2019

The biggest example of that is bank fees. You can connect your bank accounts, and [the app] will look at all of the overdraft fees so you can get the money back.”. This process is the same for banks. We like to call it a robot lawyer,” Browder said. Fraud, Security Issues Cause Firms To Cling To Checks.

Legal 52

Legal Checks Settlement ACH 52

PYMNTS

SEPTEMBER 9, 2016

In 2015, two Nigerian companies, Paga and BitPesa, completed a total $14.4 The tech mogul praised the work being done with mobile money to build businesses and help communities throughout the continent. The tech mogul praised the work being done with mobile money to build businesses and help communities throughout the continent.

Online and Mobile Banking 43

Online and Mobile Banking Economy eWallet Push-to-Card 43

PYMNTS

APRIL 17, 2017

Not because he didn’t have a buyer, but because his buyer didn’t have that much cash— and McKelvey didn’t take credit cards. In 2014, Starbucks stopped accepting Square’s mobile wallet, and shortly thereafter, Square pulled the plug entirely on that mobile wallet experiment. A worthy consolation prize by anyone’s measure.

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

CB Insights

NOVEMBER 5, 2019

In Q2’19, Tencent’s fintech and business services category grew 37% YoY in contrast to 16% growth in online advertising revenue, down from 25% in Q1’19. In Q2’19, Tencent’s fintech and business services category grew 37% YoY in contrast to 16% growth in online advertising revenue, down from 25% in Q1’19.

FinTech 51

FinTech Small Business Online and Mobile Banking Push-to-Card 51

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.”. Fully subsidized?

Bitcoin 78

Bitcoin Online and Mobile Banking Advisors Origination 78

PYMNTS

JULY 29, 2016

Thanks to the success these fraudsters have had, there are now millions of compromised records made available online. Bush recalled research showing over 700 million records were breached in 2015, 1.2 billion records are available on the black market and more than 603 million payment cards were compromised.

Online and Mobile Banking 42

Online and Mobile Banking Push-to-Card Mitigation Compromise 42

PYMNTS

JULY 11, 2016

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. Pop quiz on this Monday morning, so grab your coffee and look alive.

Online and Mobile Banking 42

Online and Mobile Banking Consumer Credential Push-to-Card 42

PYMNTS

JULY 11, 2017

The service allows users to file claims through the company’s mobile app, and enables funds to be deposited directly into a traveler’s bank account or sent to a debit card. The company also launched new claim forms and is allowing customers to file claims online or through a mobile app.

Push-to-Card 40

Push-to-Card Debit Card Online and Mobile Banking Checks 40

PYMNTS

APRIL 28, 2016

“It will push everyone to think differently about the value that electronic payments needs to deliver to all stakeholders, including Visa.” “Competition is better for everyone.” – Visa CEO Charlie Scharf. A statement that sounds like exactly what you’d expect to hear from the leader of the largest payments network in the world.

Online and Mobile Banking 44

Online and Mobile Banking Push-to-Card Issuers Innovation 44

PYMNTS

SEPTEMBER 3, 2018

The Top 10 List retired with David Letterman in May of 2015. million in tokens for DENT, a mobile data ICO; and over $1.1 Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. It’s a matter of some confusion and debate about who first came up with the concept. They also stole $13.8

PayPal 40

PayPal Zelle Online and Mobile Banking P2P 40

PYMNTS

MARCH 28, 2016

The cost associated with check processing and the lose-lose business model for check clearing imposed on banks by the Fed is one of reasons that checks are such a drag on the financial system. The path to faster payments in the U.S. We could kill the check – and the checks rails that exist to support them. Yeah, right.

Faster Payments 48

Faster Payments Checks Payments Fed 48

PYMNTS

AUGUST 2, 2019

After a few rather action-packed weeks in the race to win the consumer’s whole paycheck, this week was notably slower-paced. Table-setting for the always frenetic back end of the year seemed to be on the agenda at both Amazon and Walmart this week, with steps forward on advancing services for consumers. Sign-Off of the Week: Goodbye Dash Button .

Cryptocurrency 46

Cryptocurrency Online and Mobile Banking Push-to-Card Credit Cards 46

PYMNTS

MAY 6, 2016

Online Fraud. The latest CyberSource annual report on online fraud tells the tale of card-not-present fraud not just going down, but going down by a whole big bunch – across all channels. Mobile was down, online was down and even cross-border fraud was down. Alibaba’s exec team is hoping that $3.7

Push-to-Card 40

Push-to-Card Online and Mobile Banking Bitcoin Consumer 40

Fintech Labs Insights

APRIL 13, 2017

The technology, Configo Live Mobile Experience Platform , enables banking marketing professionals and product specialists to design customer experiences that are, in the words of Configo co-founder and CEO Yosi Dahan, “personalized and contextual.” ” Company Facts.

Online and Mobile Banking 22

Online and Mobile Banking Push-to-Card Mobile Banking Product 22

Fintech Labs Insights

JULY 22, 2015

Apex Clearing will explain its cutting-edge financial services platform and how online brokerage firms and FinTech groups can grow their businesses by leveraging our technology. Backbase will talk about its Digital Banking Platform and its Open Banking Marketplace. Did you know that sales-tax in the U.S.

Payment APIs and Integration 29

Payment APIs and Integration Online and Mobile Banking API EMV 29

Fintech Labs Insights

JULY 19, 2016

Users receive a push notification or email each time their Social Security number is used with one of Civic’s partners. For more advanced security, users can request to approve or deny a transaction using a two-way authentication process on the mobile app. Founded in 2015. The company is working to add more.

Identity Theft 13

Identity Theft Verification Social Security Online and Mobile Banking 13

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

Clearly Payments

APRIL 9, 2024

This includes digital platforms, software, and applications that offer financial services such as mobile banking, peer-to-peer (P2P) payments , online lending, and investment management. Key features of the fintech experience include mobile-first interfaces, 24/7 accessibility, and tech-driven personalized services.

Finance 105

Finance FinTech Online and Mobile Banking Payment APIs and Integration 105

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). One popular approach: in-house financial innovation labs. Visa — One Market Center. Founded: 2013. Founded: 2016.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 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. Building a successful company is no easy task, and entrepreneurs often find themselves battling against all odds to keep their businesses alive.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Product Technology 78

PYMNTS

AUGUST 21, 2016

For the initial launch earlier this year, Uber partnered with GoBank — drivers who signed on with Instant Pay would receive an Uber Debit Card from GoBank tied to a mobile bank account offered by Green Dot. debit card that is attached to a traditional checking and savings account. Labor Day is two weeks from today.

Data Breach 40

Data Breach Breach Debit Card Push-to-Card 40

PYMNTS

APRIL 11, 2016

Stripe — The ‘PayPal ’ of mobile”. Technology, cloud computing, the diffusion of mobile devices, the many location-based technologies that mobile enables and an ever-growing supply of APIs and SDKs all make it incredibly tempting and even easy to start a “platform” business. May I have a Kleenex , please?”. “I ” Kleenex.

Venmo 45

Venmo PayPal Online and Mobile Banking Push-to-Card 45

PYMNTS

MARCH 15, 2017

Divulged yesterday morning, the approximately $1 billion offer comes about a month and a half after MoneyGram announced that it had agreed to be acquired for $880 million by the Ant Financial Services Group, a Chinese online payment company spun out of Jack Ma’s Alibaba Group. and around the world to rethink how they are competing.”. “Our

Push-to-Card 42

Push-to-Card Online and Mobile Banking ATM Acquirers 42