PYMNTS

SEPTEMBER 15, 2020

The world needs a FinTech operating system.”. With a nod to recent laws (dating back to 2016) that make it easier for small businesses to incorporate, get off the ground and launch — via Simplified Stock Corporation — Poovala said the SMB landscape is shifting toward Oyster’s favor. Fixing — And Verifying Business Ownership.

System 258

System Operations Fintech Taxes 258

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

Bank Innovation

FEBRUARY 16, 2016

Silicon Valley is coming to banking? That happened long ago — just ask Silicon Valley Bank, a financial institution built to serve the world’s center of innovation. Few bankers can claim better knowledge of what the tech giants are up to. Startups, you say? SVB claims it banks a staggering two-thirds Read More.

Community Bank 244

Community Bank Branding Community Innovation 244

Bank Innovation

NOVEMBER 25, 2019

Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base. Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business.

Innovation 293

Innovation Capital Retail Operations 293

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

Bank Innovation

JANUARY 14, 2020

Commerce platform Shopify, which supports the operations of more than a million merchants, has launched a loan product for early-stage U.S. businesses.

Capital 273

Capital Operations Marketing Lending 273

Bank Innovation

DECEMBER 23, 2016

Tom Blomfield, Monzo In this age of fintech-rules-it-all, nobody (hopefully) needs an explainer on what a neobank is. specifically has been an epicenter of the mobile-first banks, with Atom Bank, Starling Bank, Tandem Bank and Monzo as the main players. So why single out Monzo? Well, customer retention Read More.

Innovation 231

Innovation Maine Mobile Fintech 231

Bank Innovation

FEBRUARY 16, 2017

Venture capitalists were not buying it last year. Venture capital-backed fintech companies in the U.S. saw a drop in both deals and funding volume last year. Fintechs raised $5.5 billion across 422 deals, compared to $7.7 billion (and 459 deals) in 2015 – a 29% drop, according to the Global Fintech Read More.

Fintech 230

Fintech Capital Company Operations 230

Bank Innovation

FEBRUARY 1, 2017

The payment network enabled 80 million accounts at yearend 2016, and added five new Read More. 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. But it did.

Marketing 150

Marketing Payments Company Operations 150

Bank Innovation

JULY 19, 2017

Dash Wallet, based on the cryptocurrency Dash, is now available in the iOS App Store as of today, according to Dash, the company that operates the eponymous currency. based Apple denied Dash Wallet entry in its app store, in August 2016. The app store approval comes almost a year after the Cupertino, Calif.-

Apple 257

Apple cryptocurrency Operations Company 257

Perficient

FEBRUARY 24, 2021

In 2016, Jon joined fan and light maker Big Ass Fans as its first chief operating officer. His success led to his selection to join company leaders at 30 Rock and develop startup ventures for the industrial bellwether, including one that immediately delivered $25 million in revenue.

Branding 441

Branding Case Study Digital Strategies Strategy 441

Bank Innovation

DECEMBER 23, 2016

Partnerships, funding rounds, startups, acquisitions – robos have had a busy year. More and more companies jumped on the robo-advising bandwagon this year, while independent companies grew exponentially and snatched big-name partners.

System 150

System Management Technology Company 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

Bank Innovation

JUNE 29, 2017

Free credit reporting company Credit Karma reported more than $500 million in revenue in 2016 — a 50% increase compared to the prior year — hitting 70 million members since the launch of its flagship product — credit monitoring — in 2012, the company announced this week. What’s the secret to its success?

Report 285

Report Company Taxes Operations 285

Chris Skinner

MAY 29, 2017

During the discussions at Dot Finance Africa, there was a very interesting dialogue about the mobile network operators (MNOs), with panels featuring Airtel and M-PESA. Huge numbers of these operators exist everywhere, and their advertising is ubiquitous. The USA processed USD$112 billion through mobile payment systems in 2016.

Mobile 283

Mobile ATM Operations Customer Experience 283

Abrigo

OCTOBER 17, 2022

Roberts, who joined the company in 2016, is stepping back to focus more time on personal interests and passions. Roberts expressed gratitude for Abrigo’s employees, saying “We have taken a small company in 2016 and have grown significantly across all key metrics, “but I'm most proud of HOW we did it,” Roberts said. “I

Texas 370

Texas Leadership Austin Raleigh 370

PYMNTS

SEPTEMBER 14, 2020

The latest news has Walmart launching a drone delivery operation near the company’s headquarters in Northwest Arkansas. Zipline will operate from a Walmart store and can service a 50-mile radius, which is about the size of the state of Connecticut.”. Walmart said in a news release that the trial deliveries will use Zipline technology.

North Carolina 239

North Carolina Arkansas Connecticut Operations 239

Chris Skinner

MARCH 22, 2017

In November 2016, Ant partnered with Thailand’s Ascend Money, which also runs a digital wallet service. It is notable that Ascend may be based in Thailand, but also operates in Indonesia, The Philippines, Vietnam, Myanmar and Cambodia.

Company 350

Company Payments System Fintech 350

PYMNTS

OCTOBER 12, 2020

12) the company announced that it led a major offensive operation against one of the world's most notorious botnets. The target was systems linked to the dissemination of Trickbot, a botnet that has been used by some sophisticated players since late 2016 to deploy ransomware , especially in attacks on financial institutions (FIs).

System 232

System Operations Security Technology 232

PYMNTS

FEBRUARY 23, 2020

The operation will likely include savings and lending products, and it comes just two years after U.S. Chase has usually not done international operations, preferring to nurture its huge and profitable domestic market. JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year. leaving the European Union.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

PYMNTS

DECEMBER 14, 2020

The Federal Trade Commission (FTC) has announced a new operation, Operation Income Illusion, to crack down on fraudsters targeting victims with fake promises of jobs or income, according to a press release. The FTC is working with 19 other federal, state and local law enforcement partners in the effort.

Fraud 192

Fraud Operations Analysis Study 192

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

Bank Innovation

FEBRUARY 9, 2018

EXCLUSIVE – Canada is on a five-year plan to revamp its payment infrastructure, as of 2016. Bank of Montreal has tapped real-time solutions provider ACI Worldwide to prepare it for these changes, Bank Innovation has learned. For the U.S., BMO is working with the Naples, Fla.-based

Payments 249

Payments Innovation Operations Online 249

PYMNTS

JANUARY 7, 2021

Resident has primarily operated with a telecommuting workforce since launching in 2016, and the company says it has made it a practice to bring the best people onboard regardless of geographic area.

Capital 217

Capital Strategy Branding Operations 217

Chris Skinner

JULY 13, 2017

This is forcing banks to replace systems that have been operating for three decades or more, and that is like ripping out the foundations of a building whilst ensuring the house doesn’t fall down. Compare that to the measly $112 billion in mobile payments in the USA in 2016, and you can see the difference. It is not easy.

United States 316

United States System Mobile Maine 316

PYMNTS

JUNE 24, 2020

The B2B firm said it works with “leading money transfer operators, mobile wallet operators and financial institutions to facilitate digital transactions without borders,” and is regulated in more than 45 countries around the world. That’s up from $601 billion in 2016.

Payments 243

Payments Fintech Course Operations 243

Bank Innovation

FEBRUARY 15, 2017

2016 was a tumultuous year for the online lender. Lending Club may be back on track with banks, but not soon enough to help its fourth quarter results. The company set high goals for the fourth quarter, including its determination to generate $2 billion in loans. The lender’s very narrow miss of Read More.

Lending 236

Lending Online Company Operations 236

PYMNTS

MAY 1, 2020

We will continue working with MRC on accreditation, as we have since 2016.”. The WSJ said the audit process started in 2016, when Facebook acknowledged it has overstated its video viewing statistics for more than two years, the report said. Facebook expressed disappointment to WSJ that the letter was made public.

social media 233

social media Video New York California 233

Perficient

JULY 16, 2020

Since 2016 this has allowed for data sharing across borders. Eventually, the standard operating procedures will be known after a settle in period and after court cases like this wend their way through the system. Many companies like Facebook share data between countries and servers between countries.

Data 309

Data United States California US 309

PYMNTS

FEBRUARY 26, 2020

Founded in 2016 by Denise Koskinen and Monika Liikamaa, Enfuce offers payment and open banking services to more than 8 million banks, FinTechs, financial operators, and merchants. . fraud prevention firm Featurespace announced on Wednesday (Feb. Noting the worldwide cost of fraud is estimated at £3.89 trillion ($5.13 trillion ($5.13

Fraud 226

Fraud Fintech Analytics US 226

PYMNTS

DECEMBER 21, 2020

Founded in 2013 in Salt Lake City, Utah, Acima operates in over 15,000 retail partner locations and eCommerce platforms. Annual revenues have grown from $97 million in 2016 to an anticipated $1.25 The transaction is expected to close in the first half of 2021. . billion in 2020.

Utah 263

Utah Retail US Taxes 263

Chris Skinner

JUNE 22, 2017

After my blog yesterday, about banks having to move from being control freaks in a proprietary operation building everything to becoming collaborative partners in an open marketplace curating everything, I was asked: “how do you make money out of curation?” It is also doubling year-on-year. billion in total.

Lending 228

Lending Examples Marketing Retail 228

Bank Innovation

MAY 20, 2016

Of more significance (probably) is the 154% year-over-year growth that Venmo recorded in the first quarter of 2016, hitting $3.2 Venmo’s most popular emoji – shared on average over 49,000 times per week – is the pizza slice , Paypal Holdings Inc. said during its analyst day presentation on Wednesday. Read More.

Operations 218

Operations Innovation Technology Mobile 218

PYMNTS

NOVEMBER 20, 2020

According to Loadsmart, examples include “truckload instant pricing and booking in 2015; server-to-server autonomous truckload booking via API and TMS integrations in 2016; and drayage and transload digital services in 2019.”.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

AUGUST 21, 2020

While many firms returned the money at Citi’s request, the bank said in court documents, a dozen have been sued after what the bank called an “operational error” caused it to transfer $900 million of its own funds to Revlon creditors one day after the troubled cosmetics company was sued over its restructuring tactics.

New York 263

New York San Francisco Capital Analysis 263

PYMNTS

SEPTEMBER 23, 2020

The deal comes after a number of years of formidable expansion and innovation for the vision company that AEA Investors bought in 2016, according to the announcement. Roompot , which was started in the Netherlands’ Zeeland region 55 years ago, is among the biggest holiday parks and campsite operators in Europe.

Branding 203

Branding Regional Innovation Operations 203

PYMNTS

JANUARY 17, 2021

Malaysian eCommerce logistics firm Everpeaks has launched a logistics platform called Fulfilment [sic] by Everpeaks that the company said will reduce costs for manufacturer-to-consumer shipping as well as bulk B2B transactions in part by operating from a free trade zone, according to a press release.

Resources 195

Resources Operations Marketing Branding 195