FICO

SEPTEMBER 29, 2022

These include originating and onboarding, risk management, loyalty and retention, debt management and collections, fraud, margin assurance, value management and customer care. Since joining FICO in early 2011, Tim has focused helping retail and marketing clients achieve their customer goals. See all Posts. Related posts.

Risk 52

Risk Risk Management CRM Data Breach 52

Fintech Labs Insights

JULY 2, 2015

Kris FinSoftware specializes in providing core banking, private banking, risk, and loan origination software. Founded in May 2011 and headquartered in Bangalore, India, i-exceed demonstrated its Appzillion platform at FinovateAsia 2013. Pictured: i-exceed’s Sandeep Mahapatra presenting at the Philippine Bank Symposium.

Origination 31

Origination Mobile Banking Risk Posting 31

PYMNTS

AUGUST 29, 2019

But the experience was like riding a tricycle compared to the motorcycle we have now — thanks in large part to the massive amount of treasure Netflix has invested in original content, the strategy it has followed to win market share in this current world of streaming. Personalized Recommendations. subscribers. Globally, Netflix brought on 2.7

Origination 71

Origination Consumer Research On-Demand 71

Fintech Labs Insights

JULY 23, 2015

Fidor demoed its FidorPay-Account at FinovateEurope 2011 : Product and Service Innovation. The post Five Alums Earn Finalist Spots in Global Banking Innovation Awards 2015 appeared first on Finovate. ” Fidor Bank AG , headquartered in Germany, earned finalist honors in four categories. Innovation in Payments.

Innovation 24

Innovation Non-Bank Origination Product 24

CB Insights

OCTOBER 29, 2018

On the eve of Yahoo’s acquisition of social networking platform Tumblr, then Yahoo CEO Marissa Mayer wrote a Tumblr post promising “not to screw it up.” Date: October 2011. With Apotheker fired in 2011 for a slew of missteps that had contributed to the company’s massive losses, nothing ever came of the acquisition.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

Fintech Labs Insights

DECEMBER 7, 2015

The company, which launched in 2011, now employs 75 in Australia and New Zealand and has extended $60 million in personal loans this year. It is experiencing 10% growth in loan originations month-over-month. The post SocietyOne Offering Car Loans to Uber Drivers in Australia appeared first on Finovate.

P2P 13

P2P Origination Posting Technology 13

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. Those effects, however, were short-lived. lending marketplace.

P2P 54

P2P Origination Underwriting Returns 54

Fintech Labs Insights

MARCH 2, 2017

Founded in 2006, Lendio debuted at FinovateSpring 2011. Last month, Lendio announced record results for Q4 of 2016 after seeing an 87% annual increase of loans originated through its platform. Last month, Lendio announced record results for Q4 of 2016 after seeing an 87% annual increase of loans originated through its platform.

Small Business 16

Small Business Origination Facilitators Economy 16

Fintech Labs Insights

MAY 16, 2017

Originally published at FinDEVr.com. Founded in 2011 and headquartered in San Francisco, California, SoFi made its FinDEVr debut earlier this year at FinDEVr 2017 New York. The post SoFi Unveils Digital Wealth Management Platform, SoFi Wealth appeared first on Finovate. Mike Cagney is CEO.

Advisors 19

Advisors Authentication Origination Automation 19

Fintech Labs Insights

JANUARY 27, 2016

. “No matter how low-cost the funds, typical plans do not ensure solid retirement readiness,” Betterment founder and CEO Jon Stein wrote in an extensive blog post about the launch. ” Betterment for Business , like the original Betterment service, focuses on reducing fees and providing more tailored investment solutions.

Origination 16

Origination FinTech Posting Innovation 16

Fintech Labs Insights

JANUARY 28, 2016

This installment brings the company’s total funding to $122 million since it was founded in 2011. The technology helps bank call centers answer key questions: Where does the call originate? The post Pindrop Raises $75 Million for Phone-printing Authentication appeared first on Finovate. Is it a trusted number?

Authentication 14

Authentication Fraud Detection Fraud Prevention Blocks 14

Fintech Labs Insights

MAY 6, 2020

Clearly, this is the digital tipping point we’ve been waiting for since the late 1990s (see previous post ). The poster child for this change is Moven , the challenger bank Brett King founded in 2011. The startup was originally all-in on DTC, but in 2014 pivoted a white-label provider to large banks ( first with TD Bank ).

Credit Union 15

Credit Union Small Business Origination FinTech 15

Fintech Labs Insights

FEBRUARY 12, 2016

In September, i-exceed announced deployment of its Appzillion Origination System (AOS) at one of the oldest public sector banks in India. Founded in 2011 and headquartered in Bangalore, India, i-exceed demonstrated Appzillion at FinovateAsia 2013.

B2C 14

B2C Agreements Origination B2B 14

Fintech Labs Insights

MAY 17, 2017

Originally launched in April of 2015, the L Card boasts low fees, offers users incentives for paying off their balance early, and provides materials to boost their financial education. The post LendUp Gives the Underbanked What No Traditional Bank Will appeared first on Finovate.

Credit Cards 16

Credit Cards Caps Origination API 16

Fintech Labs Insights

AUGUST 7, 2015

Founded in September 2011 and based in San Francisco, SizeUp uses Big Data to give small businesses the kind of business intelligence and market analysis often available only to larger companies. Origin Markets. The post Finovate, FinDEVr Alums Earn Finalist Spots in BBVA Open Talent Competition appeared first on Finovate.

Data Breach 26

Data Breach Breach Security Origination 26

PYMNTS

JANUARY 10, 2018

Founder Anup Desai recently spoke with PYMNTS about Rentah’s origins and how he sees the company as an improvement on the sharing economy. He also described himself as “somewhat of an activist” and spent time with Occupy Wall Street protesters when the movement gained steam in 2011. Occupying the sharing economy.

Economy 55

Economy Returns Checks Product 55

PYMNTS

NOVEMBER 22, 2017

And 240,000 is a whole lot more than 4,000, which is how many people Johnson said were in his original dark web community, ShadowCrew. Johnson made a DIY version of Peanut the royal blue elephant, posted it with a photo he lifted from someone else’s listing, and made off with the $1,500. He discovered eBay.

Account Takeovers 48

Account Takeovers Law Enforcement Push-to-Card Crime 48

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.

Caps 45

Caps Origination AI Product 45

PYMNTS

APRIL 30, 2018

Many were surprised, since IBM posted an increase in revenue for the second straight quarter — after five consecutive years of losses. In 2011, Buffett made a $10 billion investment in the company in support of then-new CEO Ginni Rometty’s turnaround plans. Buffet told CNBC in May 2017 that he doesn’t value IBM the way he once did.

FinTech 73

FinTech Blockchain Distributed Ledger Technology (DLT) FTC 73

CB Insights

FEBRUARY 13, 2020

Stripe went on to raise a seed round from Sequoia Capital, Andreessen Horowitz, SV Angel, and PayPal founders Peter Thiel and Elon Musk in 2011. The board also includes: Sequoia Capital partner Michael Moritz (joined the board in 2011). William Alvarado , who has served as the Chief Business Officer since 2011.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

Finovate

AUGUST 14, 2024

With their ability to apply fraud detection strategies to key vulnerabilities such as origination and account management, insights from behavioral analytics can help mitigate fraud in real time and defend users against a range of malevolent actions including identity theft, account takeover, bot attacks, and fraud rings.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

PYMNTS

AUGUST 21, 2017

Over Labor Day weekend in 1995, Pierre Omidyar wrote the original code in his living room for the company that would later become known as eBay. And, in 2011, eBay acquired eCommerce tech platforms GSI Commerce and Magento to create more synergies with the online retailers that were its customers. Airbnb was launched a year later.

PayPal 51

PayPal Push-to-Card Consumer Acquirers 51

CB Insights

DECEMBER 4, 2019

That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Amazon Lending initially launched in 2011 to help small businesses finance and sell more goods on Amazon. The bulk of growth in 2017 was to businesses in the US, where the company originated $1B in loans.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

CB Insights

DECEMBER 7, 2017

By the end of 2017, nearly $1.8T worth of mortgages will have been originated in the United States this year, according to government-backed mortgage lender Freddie Mac. Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years.

Non-Bank 69

Non-Bank Online and Mobile Banking Origination Underwriting 69

CB Insights

NOVEMBER 1, 2018

An early version, known as Burbn, included check-in features, photo-posting options, and the ability to earn points, among other functions. After a brief launch in 2011, Glitch was returned to beta and by 2012, Butterfield declared the concept wasn’t viable. Source: One Month Rails blog. Source: Shopify Investor Deck 2016.

PayPal 76

PayPal Origination Acquirers On-Demand 76

CB Insights

FEBRUARY 13, 2019

The original demo did not have the bots make the distinction. Back in 2011, when Apple first launched Siri, it ushered in a new world of voice-activated assistants. The post How Big Tech Is Battling To Own The $49B Voice Market appeared first on CB Insights Research. What’s happening now with Apple.

AI 78

AI Privacy Bots Product 78

Fintech News

MARCH 26, 2024

19 Speedhome (Malaysia) Speedhome is now known as Speedrent Technology Sdn Bhd, but originally established in 2015 with a mission to enhance home rental protection and improve renting efficiency. They offer a unique proposition with their Zero Deposit rental model, which removes financial barriers for tenants seeking accommodation. #20

FinTech 98

FinTech APACS Payment APIs and Integration Multi-Currency 98

CB Insights

JUNE 6, 2019

Declared Bankruptcy: 2011. By December 2011, it was under $30/kg. By September 2011, Solyndra’s business model had fallen apart. Founded: 2011. However, the company’s upward trajectory was abruptly halted in 2011, when Altrec suffered two major data security breaches. Dart Music. Earth Class Mail.

Breach 78

Breach On-Demand Product Acquirers 78

CB Insights

MAY 9, 2019

We begin with Google’s self-driving car project and go backward, all the way to the innovations of the post-WWII era. In 2011, Watson competed on the quiz show Jeopardy! In 2011, Amazon announced that sales of e-books had surpassed sales of paperback books through Amazon for the first time ever. Waymo (Google X).

Innovation 76

Innovation Product Technology Origination 76

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

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

CB Insights

OCTOBER 16, 2018

We also include an appendix linking to each letter at the bottom of the post. 2011: Self-service platforms unlock innovation. 2011: Self-service platforms unlock innovation. At Amazon, it is always Day 1— it’s a powerful refrain that has featured in every shareholder letter since the original.

Innovation 78

Innovation Product Risk Technology 78

Fintech Labs Insights

DECEMBER 8, 2015

BankersLab was founded in 2011. The PortfolioQuest game, a spinoff of its original game series, enhances portfolio management skills by offering a single-player simulation game that allows participants to measure their performance against their colleagues and the fintech community at large.

Underwriting 15

Underwriting Participant Origination FinTech 15

CB Insights

JULY 24, 2018

The company then decided to test its first offline store (known as a Guideshop) in the lobby of its NYC headquarters in 2011. Since 2011, the company has gone on to open 74 stores, and continues to grow. By 2011, the company already had 17,000 customers and millions in revenue. They weren’t selling well.”. The model worked.

Product 49

Product On-Demand Process Consumer 49

Fintech Labs Insights

APRIL 30, 2015

Founded: 2011. Founded: 2011. Top Image Systems introduces the eFLOW mortgage, which eliminates the manual, time-consuming and expensive mortgage origination process. The post FinovateSpring 2015 Sneak Peek: Part 8 appeared first on Finovate. Why it’s great. Our platform brings innovation to mobile card services.

Online and Mobile Banking 26

Online and Mobile Banking API Credit Union Automation 26

Fintech Labs Insights

MAY 30, 2017

“Users can easily compare their APRs, loan amounts, payments, even their total repayment costs, origination fees, and other details for the loan,” Lulic said. The post SuperMoney Brings a Kayak-Like UX to the Online Borrowing Process appeared first on Finovate. Magazine’s 2015 ranking.

Process 22

Process Credit Union Consumer Underwriting 22

PYMNTS

MAY 15, 2017

One of her first tasks at the FDA was to review an application for an off-label use of a drug originally approved as a sleep aid and painkiller, but was being prescribed off label to pregnant women suffering from morning sickness and sleeplessness. That insight would serve her well when she left academia to join the small, fledgling U.S.

Bitcoin 62

Bitcoin Ransomware Multi-Currency Regulations 62

CB Insights

JULY 19, 2017

This post is broken up into sections. Originally opened in 2008 by a group of Googlers who wanted someplace a bit more free-form to do their “20% work.” (“20% work” itself is a form of constant innovation: it’s the 20% of the workweek during which Google employees get to work on projects not directly connected to their core tasks.)

Innovation 74

Innovation Online and Mobile Banking Research Technology 74