The Fintech Times

NOVEMBER 20, 2024

An example of this was seen in the UK with the original crowdfunding legislation and the birth of ‘peer-to-peer’, and also in the US with the enactment of the JOBS Act. . “Regulators across the globe have become more familiar and encouraging of technology, and this has been fed into the broader regulatory environment.

Regulations 72

Regulations Security Accreditation Rules 72

PYMNTS

MARCH 26, 2019

The United States Supreme Court has rejected an appeal by online shoe company Zappos over a data breach in 2012 that compromised the information of 24 million customers, according to a report from Reuters. Originally, a Nevada judge claimed only people who had suffered financial loss were eligible for damages.

Identity Theft 49

Identity Theft Data Breach Breach Encryption 49

PYMNTS

FEBRUARY 13, 2019

percent for those with credit scores below 620 at the origination of the loan, up from 5.5 percent at the end of 2012. For borrowers at origination who had subprime scores between 620-659, the latest reading was 2.9 Originations last year were $584 billion, up 2.6 percent in 2012. percent, where the peak was 3.6

Federal Reserve 43

Federal Reserve Fed Credit Cards Origination 43

PYMNTS

JANUARY 8, 2020

This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally started trying in 2012, but was not successful. Amazon is planning to launch a luxury fashion platform in the first half of this year, according to reports. Part of the problem the eCommerce brand’s image.

Origination 53

Origination Participant Product Consumer 53

CB Insights

NOVEMBER 1, 2018

After a brief launch in 2011, Glitch was returned to beta and by 2012, Butterfield declared the concept wasn’t viable. It was originally a dating site that allowed singles to upload videos of themselves talking about what they wanted in a partner. His company, Tiny Speck, began developing a game called Glitch. Source: Wayback Machine.

PayPal 76

PayPal Origination Acquirers On-Demand 76

PYMNTS

SEPTEMBER 19, 2016

Then, in 2012, Facebook announced that it would stop its Credits and allow the use of third-party services. Facebook has changed its original strategy of taking a percentage of fees charged to companies for hosting games on the platform to one that now uses chatbots and artificial intelligence in the instant messaging service.

Payments 80

Payments P2P Bots PayPal 80

CB Insights

JULY 19, 2017

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.) Founded: 2012. Founded: 2012.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

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 These moves are also in line with the growth of Goldman’s digital finance arm Marcus , which grew to $2B in personal loan originations in November 2017. . in disclosed funding.

FinTech 78

FinTech Blockchain Database Advisors 78

CB Insights

JULY 18, 2018

” Hence, the company’s original slogan: “Travel like a human.” Website as of: June 2012. Website as of: August 2012. When Instacart was founded in 2012, there were already other apps trying to push the disruption of grocery delivery forward. Website as of: September 2012. ” Flipkart.

Bitcoin 65

Bitcoin CRM Checks Cybersecurity 65

PYMNTS

MARCH 18, 2019

The term “money laundering” is believed to have originated as a result of infamous Chicago gangster Al Capone’s habit of channeling criminally obtained funds through laundromats, as their cash-heavy nature made it more difficult for the right side of the law to detect such money mixed in among legitimate payments.

Money Laundering 72

Money Laundering Automation AML Compliance 72

Finovate

JANUARY 10, 2025

The embedded payment capabilities facilitate any payment type over any payment rail using any originating bank account. Transcard was founded in 2012 and debuted a payments disbursement capability, Panuver , at FinovateSpring 2016. They work for both single and mass payments and can take place in real-time or be scheduled.

Multi-Currency 52

Multi-Currency Real Time Payments Payments Authorization 52

PYMNTS

SEPTEMBER 29, 2016

The original idea grew out of the middle of the recession, after he was laid off from his big banking job and his family started asking him for advice about credit cards and mutual funds. “We Chen, who is a former hedge fund analyst, originally cofounded NerdWallet as a credit card marketing website. Seems rosy, right?

Credit Cards 71

Credit Cards Finance Origination Consumer 71

PYMNTS

AUGUST 9, 2017

LISNR , a technology startup based in Cincinnati, Ohio, has been working on sound payments since 2012. According to Williams, pay-by-sound uses an advanced, ultra-low power, wireless transmission technology to transmit data via sound waves that originate from the very same POS terminals that retailers are already using.

Consumer 80

Consumer Point-of-Sale (POS) Chip Cards CHIPS 80

Finovate

AUGUST 6, 2024

At the conference, the company demoed its Data-Driven Mortgage solution which leverages high-fidelity data sources to drive down origination costs, maintain digital compliance, and provide a positive user experience for borrowers. Headquartered in San Francisco, California, and founded in 2012, Blend is a publicly-traded company on the NYSE.

Instant Payments 59

Instant Payments Deposit Account Payment APIs and Integration Credit Union 59

PYMNTS

FEBRUARY 6, 2019

Citing the CDC, Calm said meditation practice more than tripled in terms of usage from 2012 to 2017. The company has original stories read by celebrities including Matthew McConaughey, Stephen Fry and Leona Lewis. What’s more, the company said one in four Americans have trouble sleeping.

Origination 49

Origination Participant Finance Consumer 49

FICO

AUGUST 15, 2018

The first clear trend observed around newly originated mortgages is that as we get further away from the Great Recession, underwriting criteria seems to have eased and a broader section of consumers are obtaining mortgages as a result. Mortgage Borrowers: Increases and Decreases to Their FICO Scores.

Research 53

Research Consumer Origination Underwriting 53

PYMNTS

OCTOBER 14, 2019

As Tabis explained , the problem with the flower market is opacity – whether the customer walks into their local florist or picks up their phone to order a quick bouquet online, they don’t really know where those flowers originated or how they were grown. The flowers come from a middleman, and their origin is largely unknown.

Origination 57

Origination On-Demand Process Returns 57

PYMNTS

SEPTEMBER 24, 2018

The retail chain originally launched a program called LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately.

Credit Cards 70

Credit Cards Digital Currency Product Process 70

FICO

AUGUST 2, 2016

I was brought in for Phase 3 of the collections project and we brought in FICO in 2012,” Bander recalls. There was some give and take with FICO; I originally hired FICO consulting to build my vision and laid out the differences between automotive and credit card collections. It was an interactive, collaborative process.

Consulting 74

Consulting Credit Cards Service Center Continuity 74

PYMNTS

APRIL 16, 2018

The think tank found a decline of 410 basis points in the retailer’s apparel share as its revenues declined by $3 billion from 2012 to 2017. According to SimilarWeb, more than half of online traffic for general merchandise originates from mobile platforms. Even so, there are opportunities for retailers like Macy’s in the mobile arena.

Origination 44

Origination Checks Research Technology 44

FICO

FEBRUARY 22, 2017

According to the Ellie Mae’s Origination Insight Report , adjustable-rate mortgages (ARMs) only represent about 4-5% of mortgage originations on a unit basis. In other words, more lower-scoring consumers were given car loans during this timeframe.

Underwriting 56

Underwriting Adjustments Origination Consumer 56

PYMNTS

MAY 15, 2019

Part of the reasoning for the original rejection was that the transfers in question happened before more stringent money laundering rules were put in place — in 2014 — and the statute of limitations in the case had passed. He alleges that the accounts were used to launder $176 million between the years of 2006 to 2012.

Money Laundering 46

Money Laundering Authorization Crime Origination 46

PYMNTS

MAY 3, 2016

2010 | The year John and Patrick Collison founded Stripe, which was originally created as a startup called /dev/payments but was changed to a less confusing name. Soon after, in May 2012, it closed a $20M Series B funding round. 2011 | The year Stripe launched to the public (September 2011) after it ran its private beta.

Origination 40

Origination Mobile Payments FinTech Payments 40

PYMNTS

AUGUST 11, 2020

Inspired by Google and the mobile game, they built their first prototype back in 2012 and Infermedica was born. The Infermedica service was originally designed to be B2C, but the company quickly discovered a problem with that model. The firm has since grown a lot — and expanded its ambitions considerably. Recreating Triage Digitally.

B2C 96

B2C API AI B2B 96

PYMNTS

APRIL 3, 2019

originally invested $1 billion for 30 percent of Alibaba in 2005, when Yahoo! sold its stake back to Alibaba in 2012, when the shares were valued at $13. Any shareholder has the right to deal stock anytime on the market, for any purpose. We’re happy to have had Yahoo!

Origination 43

Origination Returns Risk 43

CB Insights

JULY 13, 2017

This mirrors its internal strategy that was originally more bullish on fuel-cell tech than full vehicle electrification, and has recently reversed course. Toyota’s lone EV bet since 2012 was its stake in Chargepoint ‘s Series D in May 2012 (not pictured here is Toyota’s $50M Tesla investment in 2010).

AI 41

AI Research Database Origination 41

PYMNTS

JULY 8, 2016

“When I started Flat Out of Heels, eCommerce was not in the original business plan,” Dickson said. “I wanted to go to vending and retailers first, and that is the route that I took — trade shows and trying to connect with buyers.

Origination 44

Origination Acquirers Product Continuity 44

PYMNTS

FEBRUARY 5, 2020

This drives up cost to originate new loans, especially for the lower credit quality borrowers to whom many retail card portfolios skew.” CECL traces its roots back to 2012, and the aftermath of the Great Recession, when banks and other lenders did not recognize or reserve against loan losses as they faced economic downturns.

Rules 63

Rules Accounts Credit Cards Credit Union 63

CB Insights

SEPTEMBER 15, 2017

Specifically, we looked at investment activity from 2012-2017 year-to-date (9/7/17). The company has made a combined 24 unique investments or acquisitions via the SPG parent company or its CVC since 2012. The real estate companies included in our analysis included CBL & Associates Properties, Inc., and Westfield Corporation.

Returns 55

Returns Bots Technology Research 55

PYMNTS

MAY 6, 2016

The Walmart greeter officially said goodbye in 2012 — but now they’re back. The Walmart greeter was an innovation original to Walmart founder Sam Walmart, but the position was cut four years ago as a cost-saving mechanism and repurposed to store management and customer service functions.

Returns 40

Returns Origination Innovation Continuity 40

PYMNTS

JANUARY 9, 2020

This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally tried in 2012, but was not successful. We were kind of the original disruption in the fashion retail space, as it brought the concept of sharing a closet to the forefront in 2009.

P2P 55

P2P Duplicate Origination Economy 55

PYMNTS

JUNE 22, 2017

Lasarow leveraged his own genetics to get back in shape after he left his company in 2012 and subsequently put on weight. million USD) through a crowdfunding campaign on Crowdcube — twice its original funding goal. But for those with the AA genotype, caffeine does the exact opposite and lowers the risk. It just raised £3 million ($3.8

Encryption 67

Encryption Risk Origination Security 67

PYMNTS

FEBRUARY 24, 2020

Karner noted that Signify has been into IoT and connected products since its early days: 2012, two years before Amazon Alexa’s release. Signify — which, until 2018, was known under its original brand name Philips Lighting — has been in the innovation game for 128 years, since the earliest days of electric lights.

Innovation 88

Innovation Use Case Consumer Product 88

PYMNTS

NOVEMBER 20, 2019

An Amazon Go grocery store initiative has been underway since 2012, and some $1 billion in salaries have gone to people working on the project, the source said. The Amazon Go concept was originally launched with big supermarkets in mind but was dropped in favor of smaller convenience stores featuring grab-and-go staples.

NOV 40

NOV Origination Technology 40

PYMNTS

AUGUST 30, 2018

The company launched in 2012 and focused on storing holographic data before shifting to glasses that can be used for augmented reality. The global augmented reality market — which includes not only retail and eCommerce, but also aerospace and other areas — will approach $134 billion in 2012, up from about $3.3 Other AR Moves.

PayPal 41

PayPal Technology Research Origination 41

CB Insights

SEPTEMBER 22, 2017

As smaller digital media startups focus on short-form video, the big 4 subscription streaming services — Amazon, HBO, Hulu, and Netflix — are competing for market share by doubling down on long-form original content. Apple has reportedly set a budget of roughly $1B for investment into original video programming over the next year.

Origination 45

Origination Research Continuity Accounts 45

PYMNTS

MAY 4, 2018

The retail chain originally launched LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. Since its debut, LEASE IT has processed over one million leases, which prompted Sears to offer it on a grander scale.

Finance 40

Finance Payment Amount Credit Cards Origination 40