PYMNTS

DECEMBER 10, 2018

[Note to the payments history buffs out there: The real decoupled debit interchange pioneer was a company called Tempo, aka Debitman , established in 2000 and acquired by HSBC in 2006 after struggling for years to get acceptance at merchants.]. Merchants paid less when they accepted those cards. 2018: Same Song, Different Verse.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

APRIL 30, 2018

Investors have remained skeptical that the marketplace business model touted in 2006 is sustainable. All-digital, all-tech lending platforms that could deliver better user experiences and faster credit decisioning would become the new normal and take share from banks who were too big and cost-laden to keep — or catch — up.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

APRIL 11, 2017

According to “the father of mPesa,” Michael Joseph , when the idea first appeared on his desk in 2006, M-Pesa was really about something quite different than what it has since grown into — originally it was designed for the microfinance industry for the disbursement and repayment of microfinance loans.

Mobile 119

Mobile Study Survey United States 119

Tomorrow's Transactions

AUGUST 24, 2016

In the UK, we had chip and PIN day ( St.Valentine’s Day 2006 ) and that, pretty much, was that. However, until such time, we should probably make an effort to improve the user experience (UX) for the typical consumer and make cards work better for the merchants. From The Great EMV Fake-Out: No Chip For You! Krebs on Security.

Cards 30

Cards US ATM UX 30

CB Insights

OCTOBER 10, 2017

At the time of acquisition, it had 700,000 users and had processed about $12 billion in transactions since its launch in 2013. The key to Level Money’s user experience is that it gets people to offer actionable information about their personal finances their first time using the product. So incentives are aligned.

Tools 78

Tools Millennials US Mobile 78

CB Insights

NOVEMBER 16, 2017

In 2006, amidst high user growth and revenue numbers, several firms took part in Facebook’s Series B: Founders Fund, Interpublic Group, Meritech Capital Partners, and Greylock Partners backed the $27.5M In 2006, Mason told Lefkofsky about his idea for a crowd-sourced voting site called The Point.

Lending 78

Lending Capital Company Google 78

CB Insights

OCTOBER 31, 2017

The Pivot : We came up with a fresh take on the plethora of AR-style apps that create visual effects based on face detection and tracking… [Poor user experience] had a big impact on our retention metrics. For the first year since opening in 2006, we will be posting a loss. Three notable excerpts: First Attempts : Blin.gy

Company 78

Company US San Francisco Capital 78