PYMNTS

OCTOBER 8, 2020

Square , the FinTech payments company headed by Twitter CEO Jack Dorsey, announced on Thursday (Oct. Square was founded in 2009 in Silicon Valley and has offices in the United States, Canada, Japan, Australia, Ireland, Spain, and the U.K.

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Bank Innovation

FEBRUARY 2, 2018

Danish credit card fraud significantly increased in 2016, Bloomberg said, and reports of online fraud in the country have increased 300% from reports in 2009. […]. In Denmark, the advent of digital banking also saw almost a 60% jump in card fraud, Bloomberg reported yesterday.

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Fraud Digital Banking Cards Online 246

Chris Skinner

JULY 26, 2016

In 2009, I coined the word BaaS. No, nothing to do with sheep! Instead, BaaS stands for Banking-as-a-Service.

Fintech 150

Fintech Branding Digital Banking Innovation 150

Let's Talk Payments

JUNE 29, 2017

Since its founding in 2009, Venmo has established itself as one of the premier peer-to-peer money transfer services and one of the most prominent names in FinTech. From its humble.

Fintech 108

Fintech America US 108

Chris Skinner

JUNE 4, 2018

That’s because I was presenting the idea ten years ago and blogged about it in February 2009. The good thing about blogging is that I have a public record of my thinking. Hence, I can claim that Banking-as-a-Service (BaaS) is mine. appeared first on Chris Skinner's blog.

Data 199

Data Digital Banking Innovation Fintech 199

PYMNTS

JULY 1, 2020

Since it was launched in 2009, the monies have financed a total of $35 billion in trade, with $13 billion in low-income and lower middle-income countries and $3.5 While disturbing, it presents an opportunity for FinTechs at a time when the market is ripe for banking disruption and digitization.

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Marketing Washington New York Fintech 232

PYMNTS

MARCH 3, 2020

Global FinTech payments firm Fiserv announced on Tuesday (March 3) that it has acquired MerchantPro Express to help it advance the merchant services division of its business. MerchantPro Express has been a key Fiserv distribution partner since 2009,” said Devin McGranahan, senior group president of global business solutions at Fiserv.

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PYMNTS

APRIL 2, 2020

Georgia-based Kabbage claims it has provided small business borrowers with over $9 billion in loans as of its 2009 establishment. Borrowers, who realized the credit lines were halted when they signed onto their accounts, claim the company did not provide them with notice, according to a Bloomberg report.

Georgia 195

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PYMNTS

OCTOBER 21, 2020

Those latter two firms have been in the in-store POS market for quite some time (Square, for example, since 2009). The point of sale, then, is fast becoming the new point of competition between a traditional FI and a slew of FinTechs and service providers. Square and PayPal do not have monthly fees, but levy fees of 2.6

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PYMNTS

JULY 1, 2020

Since it was launched in 2009, the monies have financed a total of $35 billion in trade, with $13 billion in low-income and lower middle-income countries and $3.5 While disturbing, it presents an opportunity for FinTechs at a time when the market is ripe for banking disruption and digitization.

Marketing 193

Marketing Washington New York Fintech 193

PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. billion in 2009 to $1.54 million members in 2009 to 119.6 CUs Stick Together To Compete With Banks, FinTech Firms. Total CU assets increased 7.4 trillion in 2019.

Innovation 155

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PYMNTS

MAY 24, 2016

Financial Times reported that just one in 30 bank and credit union branches has been forced to shutter its doors since 2009, despite the massive surge in digital FinServ and a subsequent drop in transactions completed by the physical locations. The rise in digital and online banking hasn’t deterred banks in the U.S.

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Fintech America Retail Report 100

PYMNTS

JULY 28, 2017

RBS is also required to pay grants to challenger banks and FinTechs in an effort to enhance competition. Those efforts were a response to RBS’ 2009 financial crisis bailout, reports explained, but faced roadblocks as experts warned W&G would not be able to survive independently from RBS funding.

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Fintech Regulation Innovation Report 100

PYMNTS

FEBRUARY 20, 2020

It was launched following the financial crisis of 2007 to 2009 as an early warning system to avoid another “global market meltdown.” As a way to prevent unfair competition, firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms.

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PYMNTS

AUGUST 4, 2020

FinTech Kabbage could be seeking a sale, and in doing so, could look to garner up to $1 billion, according to sources quoted by Barron’s. The business did well during the pandemic, out-performing some larger lenders, and the sale could have bids within the month, the sources said. Kabbage had no comment.

Community Bank 162

Community Bank Analytics Community Fintech 162

PYMNTS

AUGUST 26, 2016

Back in 2009 when eCommerce platform BigCommerce was getting its start, Austin wasn’t considered a place where working for a startup was common. Though BigCommerce was actually founded in Sydney, Australia, Stewart said the company has had an office in Austin since May 2009 and now considers the city to be its headquarters.

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Let's Talk Payments

JUNE 4, 2019

Studying the properties and composition that make up the FinTech ecosystem Welcome to this week’s industry analysis with the FinTech Chemist. While I may not be literally mixing solutions and preparing reagents, I am studying and testing out the latest and greatest in FinTech.

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Fintech US Study Analysis 75

BankInovation

JANUARY 6, 2022

Automated lending fintech Kabbage is no stranger to disruption. Founded in 2009 in the wake of the Great Recession, the fintech’s lending solutions were one of the first to leverage automation and dynamic data analysis to improve efficiency in small business lending.

Lending 98

Lending Analysis Fintech Data 98

PYMNTS

MAY 28, 2020

Financial institutions (FIs) have been scrambling to bring these services to web and mobile channels in response, and are partnering with FinTechs to make these changes as quickly as possible. Biometric security systems are just one example of the major technological investments banks have made in recent years.

Community Bank 176

Community Bank Community Security Digital Banking 176

Bobsguide

DECEMBER 29, 2017

Blockchain has created a huge amount of buzz in the financial services industry since its official debut into the market in 2009. Everything you want to know about blockchain but were too afraid to ask. The question of when blockchain will go mainstream is yet to be answered, but there is constant.

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blockchain Fintech Industry Marketing 88

PYMNTS

MARCH 9, 2020

Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. Intuit recently bought Credit Karma for $7 billion. It could also potentially buy Credit Sesame and NerdWallet. It has raised $105 million through four funding rounds.

Taxes 154

Taxes Software Company Marketing 154

PYMNTS

JULY 14, 2020

Since its 2009 debut, the fund has connected businesses to $35 billion in trade finance. It’s too early to tell how the pandemic might lead to an expansion of that gap, but it has clearly persisted for years despite initiatives from FinTechs and banks that aimed to broaden trade finance availability. Contingency Planning.

Marketing 154

Marketing Operations Technology Tools 154

PYMNTS

NOVEMBER 10, 2020

Gaming FinTech Mazooma has formed a partnership with FinTech data network Plaid to bring an instant transfer solution to the iGaming and sports betting industry, according to a Tuesday (Nov. Mazooma, a gaming industry leader for more than 15 years, is headquartered in Atlanta, Georgia and was founded in 2009. 10) press release.

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PYMNTS

MAY 27, 2016

430| The number of FinTech startups HQed in Israel; there were 90 in 2009. . $167 Million | The total amount of startup funding dispensed by the Israeli government between 2011-2015. 2,000| The number of startups that applied to Barclay’s Tel Aviv based Accelerator. 40 were accepted.

Data 101

Data Fintech 101

PYMNTS

JUNE 26, 2020

This will be East Ventures’ eighth fund since forming in 2009. Earlier this year, Southeast Asia led the pack in terms of funding for FinTechs. “It is easier now to filter good entrepreneurs as we saw how many entrepreneurs handled this COVID-19 crisis,” Cuaca said, according to Bloomberg. Crisis brings clarity.”.

Regional 142

Regional Capital Fintech Report 142

ABA Community Banking

JANUARY 2, 2020

Whether it’s buying a mortgage division in 2009 or building a diversified product set in an age of nichification, community bank CEO Luanne Cundiff zigs when pundits say to zag. The post The Community Bank Contrarian appeared first on ABA Banking Journal.

Community Bank 111

Community Bank Community Leadership Technology 111

Let's Talk Payments

JUNE 19, 2017

Square was started in 2009 to enable businesses to accept card payments, an important capability that was previously inaccessible to many businesses. Since then, Square has continued to expand its.

Cards 108

Cards Payments US Fintech 108

PYMNTS

NOVEMBER 9, 2020

percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009. Legacy FIs must navigate several challenges to be able to offer mobile payments support with the same seamlessness as third-party FinTechs. The percentage of unbanked households in the country had previously fallen to 5.4

Tools 203

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PYMNTS

FEBRUARY 27, 2020

Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. Walmart is now over a year into a partnership with Even , a FinTech startup that allows workers at its partner firms to claim a section of their earned wages before payday. Some lasted; some did not.

Community 236

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Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. If looking for a FinTech (seven) partner, follow your vendor management procedures.

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Insights on Business

JUNE 14, 2017

The worldwide banking industry experienced profound challenges during the Great Recession of 2008-2009. Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); While the global economy has improved, the pressure on banks is unabated.

Marketing 156

Marketing social media Millennials Customer Experience 156

PYMNTS

MARCH 14, 2017

According to Finextra , PDS has entered into a non-binding Letter of Intent to acquire Singular, a FinTech payments provider that utilizes innovative technology for merchants in health care and other niche verticals nationwide.

System 109

System Data Payments Community 109

Let's Talk Payments

SEPTEMBER 14, 2016

Embracing the Southeast Asian digital revolution in financial technology, FinTech seems to be exploding with quite a lot of startups having been established from 2009 onwards. The breadth and depth.

Fintech 40

Fintech Innovation Financial Technology Technology 40

Let's Talk Payments

DECEMBER 29, 2016

Even though the company was founded in 2009, the current year has shown. 27.12.2016 – Warsaw, Poland – Kontomatik is happy to announce its exponential growth during the year 2016.

Company 83

Company Fintech 83

PYMNTS

MAY 31, 2018

TechCrunch noted that, in 2009, Sequoia Capital made an investment in Pine Lab and remains its largest single investor. billion to acquire iZettle , the European FinTech that will enable PayPal to help small businesses take on Amazon and other large retail and eCommerce players. Earlier this month, PayPal disclosed its paying $2.2

Capital 117

Capital Payments Marketing Retail 117

CFPB Monitor

DECEMBER 20, 2018

In this week’s episode, Pennsylvania Secretary of Banking and Securities Robin Wiessmann discusses lessons learned from the 2009 financial crisis and concerns arising from today’s market conditions and regulatory environment, shares her views on the OCC’s fintech charter and provides an update on steps that States are taking to relieve regulatory burdens (..)

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Pennsylvania Security Fintech Marketing 60

PYMNTS

FEBRUARY 29, 2016

As FinTech startups bring more transparency and convenience into an industry that has operated on the same principles since modern finance began, banks have had to decide whether they were going to move in that direction, too, or dig their heels in and get ready for a fight. It appears that at least one bank has chosen the latter.

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New Jersey New York Industry Trends 100