2011 Caps Origination 
PYMNTS
MARCH 17, 2020
That’s when former Disney CEO Bob Iger noted in his autobiography that had Jobs not died in 2011, a Disney/Apple combination might have happened after all. “I As a recent entrant to the streaming wars, Apple TV+ has thus far struggled to have enough original content to be competitive. By contrast, Disney+ is not off to a slow start.
PYMNTS
MARCH 28, 2016
The Fed ultimately settled on a 21 cent cap plus 0.05% of the transaction for fraud recovery (up from their original proposal of 12 cents). Pre-2011, debit card interchange fees averaged in the 44 cent range. That resulted in a big decline. With the final ruling, the merchants claimed that the Fed ignored the letter of the law.
PYMNTS
OCTOBER 1, 2018
The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We The Response. lending marketplace.
PYMNTS
AUGUST 15, 2018
Under California law, there are maximum rates that can be charged on loans up to $2,499, but there is no cap on loans of $2,500 and up. However, when those caps were moved in the 1980s, lawmakers included language in the legislation that noted rates could be found “unconscionable.” A unanimous ruling released on Monday (Aug.
PYMNTS
MAY 2, 2017
That brings the total value of federal loans originated by financial institutions (FFEL) and the DoE in default at $137.4 percent, its highest level since 2011. More telling, according to market watchers, is how Cap One is explaining the apparent weakness. But Cap One isn’t the only issuer experience a sudden spike in losses.
CB Insights
NOVEMBER 16, 2017
Launched in 2011, the startup offers subscription boxes of apparel and accessories curated by personal stylists for each shopper. Stitch Fix itself just lowered its planned IPO pricing, from the $18-$20 it originally proposed in its S-1 filing down to $15-$16, according to reports on 11/16.
CB Insights
SEPTEMBER 10, 2019
Simple, an early contender founded in 2009, floundered following its 2011 launch before ultimately being bought by Spanish banking giant BBVA in 2014. Originally launched in 2015, Qapital has raised $51M in funding to date and gained roughly 420,000 users, who have reportedly saved nearly $500M. As of 2018, the app had 3.7M
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