PYMNTS

OCTOBER 4, 2016

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer.

Marketing 170

Marketing Lending Operations Financial Technology 170

PYMNTS

NOVEMBER 24, 2019

Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents.” Amazon China held less than 1 percent of China’s total eCommerce market as of June 2018, according to market research institute eMarketer (in Chinese). In addition, major U.S.

Marketing 181

Marketing Retail Google Online 181

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

OCTOBER 6, 2016

Retailers continue to rely on paid search and email marketing channels, but mobile marketing and social media are continuing to increase in popularity as a way for businesses to grow their customer acquisition, according to a new study.

social media 205

social media Survey Retail Online 205

Bank Innovation

FEBRUARY 29, 2016

In a sign of the times in consumer lending, Auto Finance News today announced the launch of Auto Finance Innovation 2016, a new industry forum to explore the fintech revolution and how it is reshaping automotive lending and leasing.

Innovation 150

Innovation Lending Fintech Industry 150

Bank Innovation

FEBRUARY 1, 2017

When Mastercard fully rolled out its digital wallet last year – into the overcrowded market – it was unclear whether the company would be able reach the adoption goals set out by CEO Ajay Banga. The payment network enabled 80 million accounts at yearend 2016, and added five new Read More. But it did.

Marketing 150

Marketing Payments Company Operations 150

PYMNTS

MARCH 31, 2020

If there’s any industry that has been slow to transition online, it’s antiques. Two recent moves from leading arts and antique dealers are leading a trend toward online arts and antique buying. Now we’re going to take a smaller storefront and concentrate more online. We’re finally knocking down the barriers online.”.

Marketing 151

Marketing Phoenix Online New York 151

Chris Skinner

JULY 21, 2017

These companies include firms like Stripe, a six-year-old start-up that is the preferred code for building online checkout services. Really easy to work with, the company is the chosen system for many other innovative companies including Kickstarter and Apple Pay, and valued at almost $10 billion by the end of 2016.

Fintech 361

Fintech System Technology Apple 361

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

SEPTEMBER 29, 2020

But they show an increasing interest in online banking, an attempt to grow savings — and a higher debt burden. At a high level, noted the Federal Reserve, between 2016 and 2019, real gross domestic product grew at an annual 2.5 Between 2016 and 2019, the proportion of all families that saved increased from 55 percent to 59 percent.

Survey 131

Survey Online Report Course 131

Bank Innovation

AUGUST 15, 2018

In markets like Australia, this is already happening. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

Lending 282

Lending National Marketing social media 282

Chris Skinner

MARCH 22, 2017

First they started to invest in equivalent products and services to their own in other markets of similar nature, such as India and Thailand. In November 2016, Ant partnered with Thailand’s Ascend Money, which also runs a digital wallet service.

Company 350

Company Payments System Fintech 350

PYMNTS

MARCH 14, 2017

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

Retail 164

Retail Mobile Marketing Samsung 164

PYMNTS

SEPTEMBER 21, 2020

21), I’m excited to introduce Free Assembly , a modern fashion brand that offers elevated style essentials at an incredible value,” said Denise Incandela , senior VP of the women’s group, elevated and online brands. “At The retailer is following in the footsteps of Amazon , which first took aim at the fashion industry in 2016.

Branding 263

Branding Los Angeles Retail Online 263

PYMNTS

OCTOBER 11, 2019

In restaurant technology, cloud kitchens have emerged as a new model driven by the rise of online ordering. sales the athleisure market generated as of 2016. 50 percent: Share of Swiss consumers who currently bank online. sales the athleisure market generated as of 2016. All this, Today in Data.

Trends 122

Trends Innovation Technology Marketing 122

Bank Innovation

NOVEMBER 24, 2017

The payments platform, which has been live in Canada since 2016, will go live with one of its payment solution products in mid-December, CEO Brent Ho-Young told Bank Innovation. EXCLUSIVE – Cloud-based payment processing platform, Dream Payments is marshaling forces for a major U.S. launch next month.

Payments 186

Payments Marketing Innovation Online 186

PYMNTS

JULY 4, 2017

According to the latest findings of the European Ecommerce Report 2017 , it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years. During 2016 alone, eCommerce activity increased by 15 percent to €530 ($602 billion U.S.,

Online 178

Online Maine Retail Report 178

Chris Skinner

JULY 26, 2017

billion over 357 deals US online personal finance firm SoFi raised the largest round globally at $453 million China, which raised the largest amount of VC investment in 2016, dropped to second place with $1.0 increase on H1 2016 deal value, but an 18.5% Global VC FinTech investment attracts $6.5 Overall, the US experienced a 7.7%

Fintech 251

Fintech United States US Innovation 251

PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But the majority of online SMB lenders do not disclose publicly their fees and interest rates, reports warned.

Lending 131

Lending Online California New York 131

PYMNTS

FEBRUARY 24, 2020

Pepsi has purchased Be & Cheery, a Chinese company that sells online snacks, for a reported $705 million, according to a report Monday (Feb. The move, if approved by Haoxiangni shareholders and China’s top market regulators, would make Pepsi “China’s leading consumer-centric food and beverage company.”. 24) by CNN.

Marketing 130

Marketing Regional Study Course 130

PYMNTS

JANUARY 23, 2019

Just consider the news this week: Truebil , an online marketplace for buying and selling secondhand cars, has raised $14 million in a Series B round led by Japanese investor Joe Hirao, the founder of ZIGExN. China, too, is experience growth in online sales of used cars. Phones and Luxury Watches. Phones and Luxury Watches.

Online 133

Online Retail Data Maine 133

PYMNTS

DECEMBER 10, 2018

“More than 70 percent of our online transactions are made on a mobile device,” he said. “It’s Earlier this year, the company launched MoneyGram.com in 21 new markets. Online and mobile transactions increased 16 percent year over year, and digital accounts for 16 percent of all money transfer revenue.

Mobile 142

Mobile Marketing Customer Experience US 142

PYMNTS

FEBRUARY 3, 2020

tech firms’ dominance across online platforms, and the collection and use of data. The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. In Europe, another regulatory salvo may be aimed at U.S.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

APRIL 22, 2020

Rosenberg got the idea during a visit to his daughter’s college dorm at Michigan State in 2016. “I He had a prototype made, and in 2016 he was offered $3.6 The company’s primary marketing is through word-of-mouth activities: PR, influencers, sampling and very targeted Facebook and Instagram campaigns. In the U.S.,

Capital 163

Capital Marketing Michigan Company 163

PYMNTS

NOVEMBER 20, 2020

Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments. Loadsmart features an online portal designed for those in the shipping business to move freight through ports and across rail lines and highways on land.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

FEBRUARY 18, 2020

LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. In 2016, the company faced a setback when its founder, Renaud Laplanche , was fired for irregular loan practices. However, the FinTech wants to reestablish itself in the market as a full-fledged bank.

Fintech 242

Fintech FDIC Boston Lending 242

PYMNTS

OCTOBER 15, 2018

online bank, which already offers credit cards, savings and loans to 13 million customers. We expect to have that in the market next year.”. For its part, Marcus has issued $3 billion in new consumer loans since launching in October of 2016, through the first quarter of 2018. It recently rolled out its services in the U.K.,

Digital Banking 187

Digital Banking Cards Online Branding 187

PYMNTS

SEPTEMBER 21, 2020

Walmart is positioning its new line, called Free Assembly, as “a modern fashion brand with elevated style,” featuring casual looks with layered approaches that will make it marketable during any season. Denise Incandela , who was once SVP Women’s Group, has now added “elevated and online brands” to her title. The Monday (Sept.

Branding 226

Branding Retail Online Strategy 226

PYMNTS

NOVEMBER 10, 2020

The amount of use cases has really expanded, as customers want to be able to answer simple questions when shopping online that aid in the consideration process. It started when Founder Stephen Lease was training for a marathon in 2016. Earlier this year, Vertebrae created a virtual 3D try-on application for mobile and online.

Retail 261

Retail Technology Training Online 261

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

SEPTEMBER 28, 2020

As India approaches the fourth anniversary of 2016’s demonetization, the landscape that has defined the country and economy is undergoing a radical shift. India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD).

Payments 339

Payments Mobile Google Policies 339

Accenture: Banking

APRIL 26, 2017

For years, we’ve heard people proclaiming the demise of the bricks-and-mortar bank branch, supposedly swept away by customers’ mass-migration to online and—increasingly—mobile alternatives. 1-5] Source: UK findings of Accenture 2017 Global Banking Distribution & Marketing Consumer Study— Beyond Digital. Stay tuned. [1-5]

Millennials 277

Millennials social media Innovation Study 277

PYMNTS

JUNE 27, 2017

PayU , a global online payment service provider headquartered in Copenhagen, has launched a new single API integration that will allow merchants to boost their business in high-growth markets. The cross-border market is expected to grow from $401 billion in 2016 to $994 billion in 2020,” said Matthias Setzer, CCO at PayU.

America 161

America Marketing Online Payments 161

PYMNTS

OCTOBER 10, 2019

Demand is rising for online services such as those providing cloud-based backups and storage. The cloud storage subscription market is expected to increase at a compound annual growth rate (CAGR) of 24.8 percent from 2016 to 2022, and uptake is rising even faster in the Asia-Pacific, which is expected to see a CAGR of 27.2

Marketing 116

Marketing Payments Cards cryptocurrency 116

PYMNTS

DECEMBER 7, 2020

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new division will fall under the country’s Competition and Markets Authority (CMA). Apple Faces $12M Fine Over iPhone Marketing.

Apple 143

Apple Regulation Marketing Taxes 143

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

Retail 262

Retail Video Digital Banking Bitcoin 262