PYMNTS

AUGUST 22, 2019

Banks are not just competing for customer engagement and retention — they are also vying for funding and resources as they overhaul their infrastructure and banking tools. The latest Digital Banking Tracker examines how legacy institutions stay competitive with challenger banks. Competition Can Lead to Innovation.

Online and Mobile Banking 66

Online and Mobile Banking Non-Bank Acquirers Fed 66

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

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 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. Soft Space – US$31.5

FinTech 109

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

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

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. See the investment trends, top deals, and active investors in Q2 2018. This backdoor around banking regulations could prove to be extremely fruitful for fintechs in the future.

Debit Card 71

Debit Card Checks Accounts Venmo 71

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

Innovation 65

Innovation AI Payment APIs and Integration Online and Mobile Banking 65

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. Soft Space – US$31.5

FinTech 98

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

PYMNTS

OCTOBER 7, 2019

When it comes to QSR and mobile innovation, pizza seller Domino’s has earned itself a leading position. Attorneys for Domino’s, backed by a range of business groups, had argued that the ADA does not apply to online platforms that were not envisioned when the law was passed in 1990,” according to CNBC. On Monday (Oct. 7), the U.S.

Online and Mobile Banking 55

Online and Mobile Banking Blocks Innovation Legal 55

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

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

Blockchain 68

Blockchain Online and Mobile Banking End User Non-Bank 68

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 113

FinTech Online and Mobile Banking Blockchain Product 113

PYMNTS

AUGUST 26, 2019

In May, a joint effort involving the Universal Air Travel Plan (UATP) and Sweden-based FinTech firm Trustly are developing a solution so airlines can accept instant online bank payments for consumers’ ticket purchases. And those changes are taking place as the larger travel industry becomes much more mobile-focused.

Online and Mobile Banking 55

Online and Mobile Banking Non-Bank Credit Cards Returns 55

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. 8 Credit Fair (India) Credit Fair is a consumer lending fintech startup that was founded in 2018.

FinTech 104

FinTech APACS Payment APIs and Integration Multi-Currency 104

CB Insights

FEBRUARY 1, 2019

Today, Indonesia features one of the most compelling macro backdrops for investment globally with a young, optimistic, and upwardly mobile population of 264M. Speaking of mobile, smartphone penetration in Indonesia continues to grow with close to half of Indonesia’s population expected to own a smartphone by next year.

Online and Mobile Banking 61

Online and Mobile Banking Small Business Non-Bank Economy 61

Stax

JANUARY 24, 2024

Existing QuickBooks Desktop users face the choice of upgrading to a newer version, switching to QuickBooks Online, or exploring alternative accounting software. However, it’s worth noting that Intuit has been steadily discontinuing versions of Desktop as far back as 2018 (QuickBooks Desktop 2020 was discontinued on May 31st, 2023).

Payroll 88

Payroll Accounts Product Multi-Currency 88

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

PYMNTS

MAY 6, 2019

The payments giant noted in a press release on Friday that Transactis’ payments technology — distributed through a network of bank and non-bank partners — can be used with both large enterprises and smaller companies (the latter operating across the educational and property verticals) to support online bill pay.

Visa 57

Visa Payment APIs and Integration ISO 20022 Online and Mobile Banking 57

PYMNTS

FEBRUARY 8, 2019

billion, and non-GAAP earnings were $.84, Yabuki spotlighted the news on Thursday that New York Community Bank (NYCB), with more than $51 billion in assets, is converting to a real-time platform, marked by Fiserv’s digital banking and payment solutions. Mobiliti subscribers grew 21 percent in the quarter to more than 8 million.

Digital Payments 58

Digital Payments Zelle Online and Mobile Banking Payments 58

PYMNTS

APRIL 29, 2019

And a Prime customer who spends $1,400 each year, more than twice that of non-Prime shoppers. The need for creating certainty is why QSRs are hopping on the mobile order-ahead bandwagon. Plastic cards and the card rails are reliable and certain, at the physical store as well as online. Certainty as a Competitive Advantage.

Online and Mobile Banking 64

Online and Mobile Banking Consumer PayPal Non-Bank 64

PYMNTS

JULY 3, 2020

PYMNTS’ June 2020 Credit Union Tracker® , done in collaboration with PSCU , explores the loyalty dynamic at work deep within CUs – and the threats to it should these financial institutions (FIs) fail in their mission to provide members with experiences not typically found at banks. “A percent in 2018. Easy is the New Loyalty’.

Credit Union 61

Credit Union Online and Mobile Banking Innovation Non-Bank 61

PYMNTS

JANUARY 9, 2020

The country’s P2P industry, although just a small portion of overall lending, is nevertheless a compelling credit source for businesses and consumers that can’t obtain loans through China’s traditional banking system. billion) in 2018, the report said. billion yuan (US$70.4 billion) as of December 2019 from a height of 1.32

P2P 52

P2P Shutdown Non-Bank Regulations 52

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

CB Insights

JUNE 7, 2021

Marqeta allows businesses to offer payment card products to customers without having to deal directly with a traditional bank. It handles the back-end payment technology while working with banks that process the payment transactions. . G lobal online sales are expected to reach $4.8T The company is aiming for a $12B valuation.

Issuers 73

Issuers Card Issuer Payment APIs and Integration Innovation 73

PYMNTS

JULY 10, 2019

Amazon may have taken its share (and then some) of teasing on Twitter all day — but ultimately it was laughing all the way to the bank as it was clear that Prime Day definitely worked. This year, Prime Day will serve as one measure of how much mobile commerce has grown, according to an analysis released Wednesday (July 10) by Salesforce. “In

Online and Mobile Banking 49

Online and Mobile Banking Ubiquitous Non-Bank On-Demand 49

PYMNTS

MARCH 27, 2019

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. million in 2018. Coverage includes the tie-up between Mercari and Line for payments in Japan.

eWallet 43

eWallet Online and Mobile Banking Mobile Payments Central Bank 43

PYMNTS

JULY 13, 2018

Wells Fargo , which is working to recover from a series of regulatory scandals that have impacted trust with customers, reported lower than expected earnings and revenue during the second quarter, as mortgage banking income and other sectors showed softness. . The bank reported 5,977 retail branches in the year-ago quarter.

Online and Mobile Banking 40

Online and Mobile Banking Non-Bank Risk Regulations 40

PYMNTS

OCTOBER 26, 2018

Fitness tracker sales are forecast to fall by 43 million units in 2018, and are predicted to fall to 39 million total units sold by 2022. CCS further notes that much of the growth in 2018 has been driven by Apple and its smartwatch product. Source: How We Will Pay Report 2018 Edition. Source: How We Will Pay Report 2018 Edition.

Office of the Comptroller of the Currency 53

Office of the Comptroller of the Currency B2C Online and Mobile Banking P2P 53

PYMNTS

MARCH 1, 2019

There was the announcement that Fiserv would buy First Data , followed by the news that BB&T and SunTrust would merge in the biggest bank deal to create the sixth-largest bank in the U.S. He added that digital, mobile-first FinTech firms largely overlook the relevance of cash-in and cash-out in a retail location.

Cross-Border 56

Cross-Border Cross-Border Payments Online and Mobile Banking Payments 56

PYMNTS

JUNE 27, 2019

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

Blockchain 59

Blockchain Digital Payments Instant Payments Online and Mobile Banking 59

PYMNTS

AUGUST 21, 2018

Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. Financial Review reported that Athena aims to offer $1 billion in lending in its first year post-launch later in 2018. As noted in Insurance Business America , U.S. African Trade Gets a Nod.

FinTech 40

FinTech Cross-Border Online and Mobile Banking Verification 40

PYMNTS

OCTOBER 21, 2020

Some 23 million consumers are using voice assistants to make purchases — a 42 percent increase from this time in 2018 and a 10 percent jump since 2019. percent also reported having bought retail goods online in the last 24 hours. The effect is even more pronounced when it comes to non-grocery retail journeys.

Economy 60

Economy Online and Mobile Banking Consumer Non-Bank 60

PYMNTS

JANUARY 20, 2020

To that end, at a House Judiciary Committee “field” hearing in Colorado, titled “Online Platforms and Market Power: Competitors in the Digital Economy” a number of smaller tech firms called out Big Tech giants such as Amazon and Google for what they said were unfair business practices. Too big, too dominant — and anticompetitive, to boot.

Online and Mobile Banking 52

Online and Mobile Banking Cross-Border Payments Non-Bank Cross-Border 52

PYMNTS

OCTOBER 7, 2019

When it comes to QSR and mobile innovation, pizza seller Domino’s has earned itself a leading position. Attorneys for Domino’s, backed by a range of business groups, had argued that the ADA does not apply to online platforms that were not envisioned when the law was passed in 1990,” according to CNBC. On Monday (Oct 7) the U.S.

Online and Mobile Banking 46

Online and Mobile Banking Blocks Innovation Legal 46

PYMNTS

APRIL 16, 2019

You wouldn’t need to go back more than two generations to spot the difference: A bank generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, EVP of business development and strategy at Acuant , during a recent PYMNTS interview.

Verification 53

Verification Authentication Economy Online and Mobile Banking 53

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. 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!, Bank of America and Countrywide. Price: $7.9B.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

PYMNTS

JULY 23, 2018

Target reported that its one-day sale on July 17 was its biggest online shopping day of the year, in terms of both traffic and sales. Prime Day has turned into a huge opportunity for all online retailers.” People love to comparison-shop, with many turning to Amazon’s competitors to compare deals and prices. Install Bing?

Zelle 40

Zelle Venmo P2P Online and Mobile Banking 40