Bank Innovation

JUNE 9, 2017

The Office of the Comptroller of the Currency published an FAQ section on its website this week, in order to clarify several points from its “Third-Party Relationships: Risk Management Guidance” issued in 2013. As expected, the questions also addressed bank-fintech partnerships. Most notably, the OCC […].

Fintech 319

Fintech Risk Management Management Operations 319

Chris Skinner

MAY 9, 2017

These legislative acts foster innovation and drive both competition and choice in the market. They will have a negative impact on competition, they will jeopardise consumer control over their own financial data, and they will have a critical negative impact on the future trajectory of innovation in Europe.

Fintech 303

Fintech Innovation Leadership Data 303

Bank Innovation

JANUARY 31, 2018

Moven burst onto the fintech scene in 2012 — it was founded in 2011 and launched an alpha product in 2013 — as Brett King’s bank, or bank account. Neobank Moven has secured an undisclosed amount from SoftBank and is looking to acquire a bank with the funding, according to an American Banker report. Originally […].

Fintech 261

Fintech Security Report Cards 261

PYMNTS

AUGUST 14, 2017

PayPal, the digital payments company, is rolling out two new technology Innovation Labs based in India, where FinTech startups are currently flourishing. The labs, according to the report, are based out of Chennai and Bangalore and will focus on initiatives in machine learning, AI, data science, IoT, AR, VR and basic robotics.

Innovation 116

Innovation Fintech Technology Report 116

Bank Innovation

FEBRUARY 28, 2018

With seven million active monthly users in December 2017, according to its fourth quarter earnings yesterday, the company’s Square Cash app—launched in 2013—is more popular than one might have thought; In any case, Square has not previously released usage numbers for the mobile.Read More.

Bitcoin 259

Bitcoin Capital Lending Online 259

PYMNTS

MAY 30, 2019

percent until 2013. These are just the very early gold rush days for 5G, but it’s clear that healthcare innovation and payments will be impacted by the technology. Instead of going to the doctor’s office, the doctor comes to one’s screen of choice, as described in a PYMNTS interview with Hill Ferguson, the company’s CEO.

Innovation 163

Innovation Payments Trends Technology 163

PYMNTS

JANUARY 4, 2019

That same year, PayPal rolled out two new Innovation Labs in India to focus on technology like digital payments, artificial intelligence (AI) and virtual reality (VR), using the labs to benefit the economy in India.

Innovation 193

Innovation Online Google Technology 193

PYMNTS

APRIL 4, 2019

As Chipotle continues its digital efforts, the chain’s stock is having its best year since 2013, with part of the increase credited to investors liking CEO Brian Niccol , who joined the chain about a year ago after turning Taco Bell into a lifestyle brand and introducing breakfast at the quick service restaurant. Chipotle’s Digital Gains.

Innovation 136

Innovation National Mobile Trends 136

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens.

Innovation 135

Innovation Online Branding El Paso 135

Chris Skinner

JUNE 16, 2017

“The first ICO was for Mastercoin in 2013. Unlike an initial public offering (IPO), acquisition of the tokens does not grant ownership in the company developing the new cryptocurrency. And unlike an IPO, there is little or no government regulation of an ICO. Ethereum raised money with an ICO in 2014. ICOs are now extremely popular.

cryptocurrency 408

cryptocurrency Bitcoin Community Regulation 408

Chris Skinner

MAY 13, 2016

In a final post about African transformation through technology, I’ve covered the key themes: mobile financial inclusion, smartphone innovation through apps, digital currencies and blockchain identities. One thing missed is a mention of the Water ATM.

ATM 150

ATM blockchain Innovation Mobile 150

Bank Innovation

OCTOBER 23, 2018

These 250 companies have received a combined 947 equity investments worth $53 billion since 2013. […]. Nearly half the companies are new to the Fintech 250 list, which was first published last year.

Fintech 199

Fintech Company Capital Innovation 199

PYMNTS

FEBRUARY 13, 2020

Elliptic, founded in 2013, has become known for cryptocurrency platform tools that help find and block illicit transactions. Basil Darwish, managing director, Wells Fargo Strategic Capital, said they are supportive of Elliptic’s goal of establishing “innovative risk management solutions” calling the startup “a pioneer.”.

Analysis 250

Analysis blockchain Risk Management cryptocurrency 250

Bank Innovation

JUNE 29, 2016

Square Cash was launched by Square in 2013 for P2P payments. Is Citigroup going to partner with Square to offer the startup’s peer-to-peer payments service to Citi customers? That’s the implication from a recently published article in Fortune. The service is available in the U.S., and for both personal or Read More.

Payments 186

Payments Marketing Cards Innovation 186

PYMNTS

NOVEMBER 20, 2019

2013: The year Salvador Nissi Vilcovsky and Ofer Saban co-founded MemoMi, their smart mirror product. All this, Today in Data. Data: 4,000: Maximum number of wishes placed on a Christmas tree in the town of Roth, Bavaria in previous years. 2015: The year Eat Your Coffee launched as a business.

Innovation 108

Innovation Retail Data Branding 108

Bank Innovation

JUNE 14, 2018

RBC said Facebook allowed it access in order to “wind down” a payments app it first unveiled in 2013. […]. Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so.

social media 186

social media Data Payments Company 186

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

SEPTEMBER 16, 2020

Payfort , an Amazon company set up in 2013 to help with payments throughout the Arab world, will be offering the new option through its online payment gateway, according to the report. Trust and convenience are key when it comes to payment methods, and we will continue innovating on behalf of our customers in this space.".

Payments 207

Payments social media Regional Report 207

PYMNTS

MARCH 8, 2017

According to the 2016 Electronic Payments Survey released by the Association for Financial Professionals, the use of checks is actually on the rise in B2B payments, compared to usage levels in 2013. But the industry’s reputation for being old-school could have reason to change soon. Enter the new PYMNTS.com B2B API Tracker™.

Report 191

Report Trends Industry Innovation 191

Bank Innovation

MAY 16, 2018

Way back in 2013, Ron Shevlin, now director of research at Cornerstone Advisors, said banks were losing billpay for several reasons: Billers have made it easier to pay bills (via email and other notifications) An aversion to banks among […]. For years pundits have warned banks will lose in the billpay game. Spoiler: They were right.

Online 170

Online Cards Mobile Payments 170

PYMNTS

APRIL 6, 2020

Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement from Voyager. Voyager Innovations runs the payments platform PayMaya Philippines. Vea, founder and chief executive officer of Voyager Innovations.

Payments 136

Payments Innovation Branding Fintech 136

PYMNTS

MARCH 18, 2019

The increase has the effect of stifling a global economy driven by innovation and new ideas. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Illicit trade in fake goods is a major challenge in an innovation-driven global economy. That’s an increase of 3.3

Report 124

Report Innovation Study Security 124

PYMNTS

SEPTEMBER 13, 2019

“The banking license means a great responsibility, and it is gratifying to see that Sweden and its authorities foster innovation,” Lindahl said, adding that the mission of the bank is to “simplify people’s financial lives through technology and innovation.”. N26, which started in 2013, has a valuation of €2.38

cryptocurrency 156

cryptocurrency Fintech Innovation Operations 156

PYMNTS

AUGUST 21, 2020

But] we’ve been around since 2013 … and we’ve been growing year over year. Innovation By The Boatload. “Because of COVID, it feels like people are discovering [boating] for the first time,” he said. “[But]

Fraud 317

Fraud US Examples Payments 317

PYMNTS

MARCH 4, 2019

Australia’s Car Next Door , which was founded in 2013, provides a Turo -like car share service to connect car owners and would-be borrowers. These are just some of the ways that home sharing and car sharing sites are bringing value-added offerings to consumers and owners around the globe: . Just under 11 million — or 10.8

Innovation 116

Innovation Branding Samsung Online 116

PYMNTS

FEBRUARY 18, 2019

billion industry by 2023, analysts have predicted, with growing analytics and artificial intelligence (AI) functionality accelerating innovation in the insurance market. billion in payouts, Allianz found in its Global Claims Review report that fire and explosions were the biggest causes of loss between 2013 and 2018.

Study 191

Study Industry Operations Innovation 191

Bank Innovation

JULY 14, 2016

How Chinese spies hacked into computers at the Federal Deposit Insurance Corporation from 2010 until 2013 -- and American government officials tried to cover it up.

FDIC 150

FDIC Video Security 150

PYMNTS

SEPTEMBER 12, 2016

And while people like yogurt — apparently, a lot — until very recently, it was not a product anyone really thought much about or tried to innovate. It was apparently the yogurt innovation the American public didn’t know it needed. yogurt sales in 2013. Innovation-Minded. Considering the average unit of yogurt in the U.S.

Innovation 100

Innovation New York United States Retail 100

Bank Innovation

SEPTEMBER 27, 2019

Starting in 2013, RBC Capital Markets began collecting all the data it could that was relevant to its clients, including e-commerce data, trades and portfolios. RBC Capital Markets has looked externally to help it consolidate data in one place, analyze it and better equip employees.

Capital 150

Capital Marketing Data Management 150

Bank Innovation

MARCH 7, 2016

Digital Insight, acquired by NCR in 2013, announced today that Android Fingerprint ID would be incorporated into its mobile banking app in May. This feature allows mobile banking users to authenticate with fingerprints on Android devices.

Mobile 150

Mobile National Online Security 150

Chris Skinner

MARCH 8, 2017

The Spectator has just written an interesting piece about this: In 2013, Graeme Hartop left his job as managing director of the banking arm of the Scottish Widows investment group. What I did think I’d do is write about how hard it is to launch a new bank, which is why we should applaud those that are succeeding in development. Or are they?

Metro 283

Metro Cards Management Groups 283

PYMNTS

FEBRUARY 11, 2020

And, he added, with the emergence of the government as a major shareholder of these large financial firms (via capital infusion and bailout packages), a dampening effect was felt on innovation. And in the drive toward innovation, as Choubey told Webster, the partnership with Mastercard seeks to revamp and speed up payments.

Fintech 152

Fintech Innovation Digital Banking Course 152

PYMNTS

FEBRUARY 13, 2020

Assembly Payments shares our vision, and we are pleased to partner them based on the strength of their core technology and talented team,” said Alex Manson, head of SC Ventures — the innovation, FinTech investment and ventures arm of Standard Chartered. Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

Payments 197

Payments Fintech Tools Management 197

PYMNTS

FEBRUARY 28, 2020

It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 Shift has been in the used car business since December 2013, born out of a series of frustrating experiences the founders had with car buying. trillion market in the U.S.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach. And what was the product?

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

OCTOBER 8, 2020

The company was founded in 2013 and offers customers the ability to order cleaning and home products, over-the-counter medications, and food and drinks. goPuff's innovation comes from bringing the convenience store to the customer rather than the other way around. In some markets, alcohol can be ordered via the service.

Philadelphia 166

Philadelphia Capital Report Innovation 166