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

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. The SEC Finding. The DOJ Finding.

P2P 54

P2P Origination Underwriting Returns 54

Fintech Labs Insights

JULY 21, 2016

The San Francisco-based company offers mortgage lenders white-labeled technology to help efficiently originate loans while giving applicants the smoother user experience they’ve come to expect. Company facts: Founded in 2012. Helped originate $6 billion in mortgage loans in Q4 2015. 80 employees.

Process 18

Process Online and Mobile Banking Origination Consumer 18

CB Insights

OCTOBER 26, 2020

When Facebook went public in 2012, the stock fell 15% in its first few days on the market. Robo-advisor startups have a younger and lower-income client base than the investment banks and are not yet a significant concern for these institutions. BOUTIQUE BANKS.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

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

Fintech Labs Insights

FEBRUARY 1, 2016

2012: $450 million. Trizic raises $2 million to help advisors compete with algorithms. Nous closes in on 350,000 fundraising goal [Update: Nous exceeds original goal, raises $750,000 ]. We previewed our alum funding for 2015 a few weeks ago with a look at investment in European-based alums. Finovate alums by year.

Acquirers 14

Acquirers Finance Multi-Currency Security 14

PYMNTS

SEPTEMBER 25, 2017

There’s an old proverb, reportedly originated by Julius Caesar, who divorced his second wife over a scandal: Caesar’s wife should be above suspicion. Chorizo didn’t sell as expected, as it isn’t a mainstream American consumer ingredient,” Darren Tristano, a Technomic advisor, told CNBC via email. Ready for a deeper dive….

FDIC 43

FDIC Federal Reserve Breach Data Breach 43