Fintech News

OCTOBER 1, 2024

Islamic finance assets growth 2012-2019 (US$ billion), Source: ICD-REFINITIV-Islamic Finance Development Report 2020, 2020 Malaysia and Indonesia as top Islamic banking hubs in Southeast Asia In Southeast Asia, Malaysia and Indonesia have emerged as key Islamic banking hubs.

Treasury 112

Treasury AI Finance Laws 112

PYMNTS

NOVEMBER 15, 2017

Wells Fargo Advisors and the Securities and Exchange Commission (SEC) reached a settlement this week resolving charges that the bank dropped the ball in reporting suspect activities pertaining to money laundering for several years. According to a MarketWatch report published Tuesday (Nov. based branches and dealt with international clients.

Suspicious Activity Report (SAR) 62

Suspicious Activity Report (SAR) Money Laundering AML SARS 62

Fintech Labs Insights

JULY 20, 2016

Scott Guilfoyle and Annick Fuchs will serve as advisors for the Minneapolis, Minnesota-based payments innovator. Guilfoyle, who was SVP and CTO of PayPal from 2008 to 2012, will join Sezzle as an advisor. Fuchs, former Head of Legal at PayPal, will be Sezzle’s new legal advisor.

Advisors 13

Advisors PayPal Debit Card Legal 13

PYMNTS

AUGUST 20, 2020

Entrepreneurs Benjy and Shai Feinberg, who founded Behalf in 2012, will stay on with the company as advisors. According to the release, the company’s research and development as well as analytical functions will remain in its Ra’anana, Israel offices. Visa said it would offer Behalf’s small business clients in the U.S.

FinTech 64

FinTech Finance B2B Credit Risk 64

Fintech Labs Insights

JUNE 7, 2016

.” Stanich then explains that they’re doing something new within IBM called Client Insight for Wealth Management powered by IBM Watson , a solution to help advisors segment clients, predict life events and identify product and portfolio recommendations. Financial advisor dashboard. Baghdjian has served at IBM since 2012.

Advisors 22

Advisors Regulatory Compliance API Credit Cards 22

PYMNTS

NOVEMBER 16, 2017

The comments come as Wells Fargo Advisors and the Securities and Exchange Commission (SEC) reached a settlement this week which resolved charges that the bank dropped the ball in reporting suspect activities pertaining to money laundering for several years. He said home equity loan activity is currently “very slow.”. million.

Suspicious Activity Report (SAR) 53

Suspicious Activity Report (SAR) Consumer SARS Credit Cards 53

PYMNTS

DECEMBER 26, 2019

eCommerce sales hit a record high this year, with more people doing their holiday shopping online,” said Steve Sadove, senior advisor for Mastercard and former CEO and chairman of Saks Incorporated. There were 9,300 store closures in 2019, the most since numbers were tracked in 2012, according to Coresight, as reported by Financial Times.

Visa 53

Visa NOV Advisors On-Demand 53

CB Insights

DECEMBER 10, 2020

Addepar is a platform that helps financial advisors leverage data and customizable reports to communicate portfolio performance. Banks are losing their edge in investing and wealth management as consumers flock to trade brokerages, personal finance management tools, and robo-advisors. Mint, owned by Intuit, claims over 20M users. .

Credit Cards 101

Credit Cards Advisors Venmo Small Business 101

PYMNTS

JUNE 10, 2019

As r eported by The Wall Street Journal on Monday (June 10), a group of Hudson’s Bay shareholders have come forth with the proposal — and the group includes Chairman Richard Baker and WeWork Property Advisors, among others, and collectively they own 57 percent of the firm’s shares outstanding. The offer, at 9.45

Advisors 43

Advisors Addressing Risk Continuity 43

FICO

SEPTEMBER 13, 2022

Increased savings and the relaxation of restrictions resulted in a steep increase in spend between 2021-2022 but if we look back to 2009, this uptick in spend was also seen and continued up until 2012. Work with our FICO Advisors team. Liz Ruddick is a principal consultant within the FICO Advisors Lifecycle Practice.

Credit Cards 52

Credit Cards Advisors Issuers Consulting 52

PYMNTS

MARCH 13, 2019

Founded in 2012, Jumia also became the first African unicorn startup in 2016 after a $326 funding round that included Goldman Sachs, AXA and MTN. The company’s lead advisor on the listing is Morgan Stanley. In the meantime, Jumia will focus on expanding its business strategy and broadening its reach.

Advisors 51

Advisors Consumer Security Process 51

CB Insights

DECEMBER 5, 2017

Walmart is the most active of the four by far, with 21 deals or acquisitions since 2012. Walgreens has invested in two healthcare companies and acquired three others since 2012. In 2015, Walgreens participated alongside OrbiMed Advisors and other investors in the $11M Series B of Israel-based telemedicine company TytoCare.

Acquirers 41

Acquirers Participant Advisors On-Demand 41

CB Insights

AUGUST 17, 2017

Since 2012, the top ten rounds in India’s startup ecosystem have all been mega-rounds (above $100M). Five of these top mega-rounds were closed in 2015, which is also the year that saw the largest funding totals since 2012, $8.79B. Top Deals in India Tech 2012-2017 YTD(8/17/2017). Argan Capital Advisors, TA Associates.

Advisors 42

Advisors Finance Participant Authorization 42

PYMNTS

MAY 23, 2018

Careem is also in the process of hiring financial advisors for its fundraising efforts. million since going live in 2012, according to Careem’s statement. If completed, the funding would give the company a valuation as high as $1.5 Careem was valued at around $1 billion in 2016. RoundMenu has raised $3.1

Advisors 40

Advisors Acquirers Innovation Process 40

PYMNTS

AUGUST 30, 2018

Similar calls were made only days and weeks prior from President Xi Jinping’s economic advisor and the Financial Stability and Development Committee. percent of new corporate loans at banks, the lowest rate since at least 2012. In the first half of 2017, new small and micro business loans made up 20.9

Small Business 40

Small Business Government Governance Regulations 40

Green.Money

AUGUST 16, 2019

It happened in 2012-2013 and again in 2016-2017. He frequently speaks at business conventions and is a paid advisor to multiple corporations. Beyond the speculation, there is a real driving force behind Bitcoin. The technology works in such a way that every so often the price jumps by astounding numbers.

Bitcoin 52

Bitcoin Wire Transfer Non-Bank Checks 52

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Small Business 71

Small Business Accounts Bots AI 71

PYMNTS

OCTOBER 17, 2017

16) that it has ordered Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network to pay more than $3.4 The Financial Industry Regulatory Authority (FINRA) announced news on Monday (Oct. million in restitution for making bad recommendations of volatility-linked, exchange-traded products ( ETPs ).

Underwriting 40

Underwriting Authorization Advisors Settlement 40

Fintech News

AUGUST 19, 2024

Founded by the cofounders of Decide.com (acquired by eBay), Iterative differentiates itself with a team of partners, mentors, advisors, and investors who have substantial experience in starting, operating, and selling startups. These investments have generated overUS $2.2 billion in enterprise value.

FinTech 118

FinTech Underserved Technology Cross-Border 118

CB Insights

JANUARY 31, 2018

Since 2012, the top 10 US banks by total assets have participated in 81 deals to fintech startups, totaling nearly $4.1B In the last year, banks have homed in on the consumer, backing robo-advisors and companies offering easy-to-use money management apps. . in disclosed funding. Fintech: 2017 Year-in-Review & 2018 Trends.

FinTech 78

FinTech Blockchain Database Advisors 78

FICO

APRIL 9, 2018

The average amount overlimit reached its highest February value since at least 2002, and was last at this level in March 2016 and higher in July 2012. Despite this rise in lines, the percentage of overlimit accounts reached the highest level since January 2011. I will be writing soon in more detail on the subject of pre-delinquency.

Posting 40

Posting Issuers Payer Risk 40

The Fintech Times

JANUARY 23, 2024

Beyond her primary responsibilities as global CMO at BPC, Nim also serves as an advisor to the Global Fintech Impact Forum , as well as the NextGen Payments & RegTech Forum. Having held senior roles across SAP since 2012, Zeineddine will focus on supporting the digital transformation and AI capabilities of companies in the Emirates.

FinTech 67

FinTech Payment APIs and Integration Agreements Finance 67

Fintech Labs Insights

AUGUST 20, 2024

560,000 6 6 Bench 89 20 Aug 2024 2012 Vancouver BC 109 380,000 7 7 Collective 64 20 Aug 2024 2020 SF 78.7 Small Businesses (SMB) in July 2024 The 13 Biggest Investment Advisor Tech, Wealthtech & Investech Conferences in 2024 390,000 3 3 Patriot 100 20 Aug 2024 2002 Canton, OH 4.4 120,000 15 15 Zeni 20 20 Aug 2024 2019 SF 47.5

Small Business 15

Small Business Accounts Processors Advisors 15

PYMNTS

JULY 7, 2016

Don joined Kount as the Director of Marketing in October 2010 and became Vice President of Marketing in December 2012. Karen Webster is one of the world’s leading experts on payments, commerce and retail innovation and a strategic advisor to CEOs and Boards of multinational players in those sectors. VP of Marketing at Kount.

Compromise 40

Compromise Credit Cards Advisors Breach 40

Fintech Labs Insights

JANUARY 21, 2016

Full self-service hybrid, or personal advisor-focused solutions including robo advisor technology. Why it’s great: Descartes is a high-end (multi-algorithm) robo advisor for demanding, self-directed investors offering a holistic advisory and portfolio management approach. For the banking & insurance markets.

Advisors 14

Advisors Consulting On-Demand Finance 14

Fintech Labs Insights

AUGUST 23, 2024

Event Spotlight Fintech’s premier meeting place for decision-makers Save 10% with discount code: FKV2787LABS 60+ demos | 120+ speakers | 2,000+ attendees (1,000+ from banks and investors) Connect with senior executives who can take your business to the next level Sep 9-11, 2024 | Marriott Marquis | NYC Book Now > Please contact us if we are (..)

Credit Union 15

Credit Union NOV NACHA Audit 15

Fintech Labs Insights

NOVEMBER 14, 2016

based digital wealth advisor. Nutmeg’s Nick Hungerford (former CEO) & Jono Hey (Head of UX) demoing at FinovateEurope 2012 in London. Nutmeg debuted its digital wealth investment technology (before the term roboadvisor had even been coined) at FinovateEurope 2012 in London. voted to leave the European Union.”

Advisors 18

Advisors Returns Participant FinTech 18

FICO

FEBRUARY 28, 2019

The bad news is the steady creep up since 2012. To learn more about our cards benchmarking service, or FICO’s Risk Benchmarking Service which forms part of the Fair Isaac Advisors P&L Insight Suite , please contact me at staceywest@fico.com. Watch for my next posts on this topic and on static delinquency.

Issuers 53

Issuers Card Issuer Accounts Risk 53

Fintech Labs Insights

MAY 4, 2015

That’s not nearly the amount of change I expected in this vital area, but the re-regulation of the mortgage industry, thanks to the housing debacle of 2008 to 2012, has taken it’s toll on innovations. Floify : Boulder, Colorado company founded in 2012. Tactile Finance ( Spring 2014 ). But things are beginning to change.

Process 29

Process Fed P2P Advisors 29

CB Insights

AUGUST 7, 2017

Funding to digital health startups has increased every year since 2012, hitting a record of $6.9B And investors remain bullish on the sector, with 2017 on track to hit $10B in disclosed equity funding, which would set yet another annual record. Track all the digital health startups in this brief and many more on our platform.

Advisors 54

Advisors Continuity Product Research 54

Fintech Labs Insights

DECEMBER 23, 2016

This comes hot on the heels of Nutmeg’s most recent funding when it scored $37 million in Series C funding last month from Convoy, Hong Kong’s largest firm of independent financial advisors. Adding two Asian investors in the past two months comes as a hint as to what’s next for the robo advisor.

Advisors 14

Advisors FinTech Innovation Continuity 14

Fintech Labs Insights

JUNE 29, 2016

Agrawal, who founded international money transfer specialist Xendpay in 2012 and served as Khan’s business advisor during the mayoral campaign, added that the sense of welcome he experienced as an immigrant to the UK must be maintained even as the country’s relationship with Europe changes.

Advisors 20

Advisors Authorization FinTech Accounts 20

Fintech Labs Insights

NOVEMBER 10, 2023

7,270 $4,100 4 Revolut 3004 2015 London 11,460,000 $1,700 5 Chime 2727 2012 SF 10,710,000 2.6 2 $520 12 Acorns 613 2012 LA 2,170,000 2.3 7,270 $4,100 4 Revolut 3004 2015 London 11,460,000 $1,700 5 Chime 2727 2012 SF 10,710,000 2.6 2 $520 12 Acorns 613 2012 LA 2,170,000 2.3 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5

NOV 15

NOV Consumer Online and Mobile Banking Small Business 15

PYMNTS

AUGUST 15, 2018

The recent report highlights the latest growth in the toy industry: NPD found that the global toy industry has seen steady gains starting in 2012, along with an increase in the global spend per child. Sales of miscellaneous toys, on the other hand, grew a little slower at a rate of 12 percent.

Advisors 41

Advisors Returns Consumer Continuity 41

PYMNTS

MARCH 21, 2018

Reports in Digital Trends said the State Department will serve as an advisor on the initiative. Reports in Cointelegraph said the Sierra Leone government has officially denied use of blockchain, noting it instead uses an in-house vote tally solution it created in 2012.

Government 49

Government Governance Blockchain Federal Trade Commission 49

PYMNTS

AUGUST 27, 2018

A study from Gordon Haskett Research Advisors, and based on 13 locations, found that the Amazon returns program produced an 8.5 percent in the second quarter, marking the highest level since 2012. To make the program even easier, Kohl’s will reserve parking spots near store entrances for Amazon customers only there for a return.

Returns 40

Returns Caps Consumer Advisors 40

Fintech Labs Insights

AUGUST 22, 2024

Africa 2018 (Cape Town): Bambu (CLOSED): Raised $13M, for its robo-advisory services OUTvest (acquired by Alexforbes): Online investment advisor, strong growth through user-friendly platform and competitive fees. Fall 2012 (New York): Credit Sesame: Raised $172M, personal credit management services, expanded into home loan products.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15