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

FICO

SEPTEMBER 20, 2017

Here are some options for issuers, based on our experience helping banks contact customers using FICO Customer Communication Services : 1. SMS: A one-way SMS from the card issuer to the consumer to alert them to the potential expiry of the offer/promotion, or that they have exceeded their credit limit.

Rules 60

Rules Issuers Push-to-Card Credit Cards 60

The Fintech Times

OCTOBER 30, 2024

HSBC UK recently became the first major bank to enable international customers to leverage their international credit history to apply for a UK mortgage application. Newcomers to the UK often face a number of hurdles and delays when applying for loans – particularly when trying to leverage their overseas credit history.

Financial Inclusion 59

Financial Inclusion Embedded Finance Non-Bank Consumer 59

FICO

MARCH 5, 2019

Australia's Banking Royal Commission delivered its final report at the start of February; the culmination of 14 months , 10,232 submissions and 7 rounds of public hearings into the banking, superannuation and financial services industry. Amongst the enquiry’s findings, some distinct themes have emerged for the banking industry.

Innovation 58

Innovation Assessments Non-Bank Regulations 58

PYMNTS

MAY 15, 2018

Fair Square Financial entered the financial services world a few years ago with two observations about why the world needed another non-bank lender. The first being that the ways credit is underwritten could use a good deal more specificity.

Push-to-Card 46

Push-to-Card Non-Bank Credit Cards Consumer 46

FICO

MAY 12, 2020

In Australia and New Zealand (A&NZ) retail credit was already navigating considerable significant, events requiring the attention and resources of the industry. The last five years have delivered a Royal Commission , digitisation, open banking, customer-centric decisioning, and comprehensive credit reporting. percent to $3.7

Risk 52

Risk Consumer Credit Cards Transactions 52

PYMNTS

NOVEMBER 5, 2018

Wall Street Journal reports indicate that both firms are taking a step considered unusual under currently favorable economic conditions by adopting a more cautious approach in setting credit limits. Discover and Capital One’s consumer bases are similar in that they may have non-prime credit scores, and often aren’t affluent.

Credit Cards 46

Credit Cards Credit Limit Underwriting On-Demand 46

Nanonets

MARCH 21, 2023

Credit decisioning, also known as the credit/loan approval or decline process, is a critical step in the loan or credit process. Business owners and credit professionals must consider multiple factors before extending payment terms to a new customer or increasing the credit limit of an existing customer.

Automation 52

Automation Assessments Non-Bank Process 52

FICO

JUNE 11, 2021

The result was further downward pressure on an already cautious consumer spending climate during the pandemic, waning average balances and, along with them, significant reductions in interest and non-interest income that have many lenders grappling with the idea of aggressive spend stimulus programs. FRED, 24 May 2021, [link]. .

Risk 52

Risk Addressing Consumer Financial Protection Bureau (CFPB) Credit Risk 52

EBizCharge

JUNE 20, 2024

13 accounts receivable best practices Adopting the best AR practices helps maintain consistent revenue, reducing the need for external financing and minimizing non-payment risk. Perform credit checks Conducting credit checks on new customers is essential as it helps assess their creditworthiness and ability to fulfill payment obligations.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

Nanonets

JUNE 29, 2023

I Two-factor authentication for bank account changes via the vendor portal further fortifies protection against scams. Features: Bank reconciliation and cash management functionalities General ledger ensures comprehensive financial tracking Workflow management, allowing for efficient approval processes and control over spending.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Automation Push-to-Card 52

Fintech Labs Insights

OCTOBER 14, 2021

The Brex card’s unique feature is its high credit limit for startups. The startup underwrites the care, not with credit history, but with cash in the bank. High-limit (non-revolving) charge cards (based on bank account balance, not founder(s) personal credit history. Product line. Partnerships.

FDIC 15

FDIC Card Issuer Non-Bank Credit Cards 15

M2P Fintech

FEBRUARY 28, 2025

RBI-compliant Cash vs. Bank Disbursement Splits : Maintains regulatory adherence and secures transactions in a compliant manner. The system comprises Key Features Co-lending Value Add-ons facilitate collaborations between banks and NBFCs to offer jointly funded loans, combining resources to provide better terms and wider reach.

Payment APIs and Integration 52

Payment APIs and Integration Assessments Best Practices Compliance 52

Nanonets

MARCH 28, 2024

Starter ($49/user/month or $199/month for 5+ users): Processes up to 30 invoices/month - Includes vendor management, standard ERP sync, payment via bank transfer or credit card - Supports up to 10 users 2. Focusing on mid-market companies, Airbase aims to provide a comprehensive platform for managing all non-payroll spending.

Payment APIs and Integration 52

Payment APIs and Integration Automation AI Treasury Management 52

EBizCharge

FEBRUARY 17, 2025

These solutions automate the processing of ACH payments, reducing the manual effort required to handle bank transfers and ensuring seamless reconciliation within NetSuite. Secure customer payment data Implementing PCI-compliant security measures allows businesses to safeguard credit card and bank account details to prevent data breaches.

ACH 59

ACH Credit Cards Transactions Accounts 59