PYMNTS

AUGUST 2, 2019

The data spanned debt buyer tradelines, representing debt bought from creditors that has been charged off by creditors and non-buyer tradelines, which attempt to collect on behalf of the original creditor. Peak levels – and levels of 33 percent and above – occurred after the financial crisis into 2013.

Consumer Financial Protection Bureau (CFPB) 43

Consumer Financial Protection Bureau (CFPB) CFPB Non-Bank Origination 43

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% It offers a range of services including a white-label payment gateway for banks and institutions, and an all-inclusive payment gateway solution for merchants. #4

FinTech 82

FinTech APACS Payment APIs and Integration Multi-Currency 82

FICO

MAY 17, 2019

Many of us remember 2013 when the FBI announced that they had dismantled a major criminal ring committing credit card fraud. In addition to the financial loss, banks will have the double whammy in OpEx of once again trying to collect on someone who does not exist. What do these two statements have to do with each other?

FBI 75

FBI Credit Risk Identity Theft Law Enforcement 75

CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. get the REPORT on next generation investors.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

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 Rundown on the Run-up to the Decisions.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

JUNE 27, 2019

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

Blockchain 59

Blockchain Digital Payments Instant Payments Online and Mobile Banking 59

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

FICO

JANUARY 15, 2021

Sally notes that analysis of FICO® Resilience Index data by Tom Parrent, former chief risk officer for Genworth Financial, shows that from 2010 to 2015, nearly 600,000 additional mortgages could have been originated to consumers with FICO® Scores between 680 and 699, had the FICO® Resilience Index been available to lenders at the time.

Posting 59

Posting Agreements Credit Cards Consumer 59

CB Insights

OCTOBER 10, 2017

Acorns’ rock-bottom customer acquisition costs as driven by non-viral referral. For the non-exited companies — Robinhood, Acorns, Stash, and Credit Karma — we looked at which apps had the highest rates of user growth and what’s driving expansion. bank accounts. debit & credit cards. income information.

Finance 78

Finance Online and Mobile Banking Product Checks 78

CB Insights

JUNE 17, 2020

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Branchless banking. BANKING, HEALTHCARE, RETAIL SECTORS LIKELY TO EXPERIENCE SIGNIFICANT GROWTH IN CHATBOT USE. Cloud call centers.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

Wharton Fintech

NOVEMBER 13, 2023

And so I ended up leaving back in 2013 to start a fintech company with my friend Peyton who had been a few years older than me at school and had studied computer science. They ended up getting acquired by Braintree and then PayPal at the end of 2013. He had worked at D.E.

FinTech 52

FinTech Small Business Payment APIs and Integration Laws 52

CB Insights

MARCH 27, 2018

The company, which emerged from bankruptcy in 2013 and has struggled against digital technology trends, saw its stock jumped dramatically in response, ballooning as much as 335% to hit a high of $13.28 the day after the announcement (up from its price of $3.10 at open on Jan 9). the day after the announcement (up from its price of $3.10

Blockchain 48

Blockchain Cryptocurrency Bitcoin Accreditation 48

Fintech Labs Insights

MARCH 14, 2017

The company’s platform leverages live video and identity document verification, as well as authentication by bank account and the GOV.UK Pictured (left to right): Business Development Director Robert Kotlarz and Product Expert Kåre Indrøy demonstrating Signicat Assure and Signicat Sign at FinovateEurope 2013.

On-Demand 15

On-Demand Verification Online and Mobile Banking Privacy 15

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 108

FinTech Online and Mobile Banking Multi-Currency Non-Bank 108

CB Insights

OCTOBER 29, 2018

In 2013, Microsoft CEO Steve Ballmer saw an opportunity in Nokia, a Finnish phone company that was losing ground to competitors. Date: May 20, 2013. Bank of America and Countrywide. The company shut down Nextel’s networks in 2013. Both founders later departed the company. Yahoo and Tumblr. Price: $1.1B.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

CB Insights

OCTOBER 31, 2017

Original 50 Startup Failure Post-Mortems (1/20/2014). Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. The whole story.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

CB Insights

NOVEMBER 16, 2017

Mobileye built a successful company in Jerusalem, outside of traditional tech hubs, and raised money from non-traditional investors like Goldman Sachs. After an initial $8M investment in WhatsApp’s Series A in April 2011, Sequoia put in an additional $52M in July 2013. WhatsApp funding & valuation. Acquisition.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78

Fintech News

SEPTEMBER 4, 2024

However, recent stringent regulations imposed by the Reserve Bank of India (RBI) have significantly impacted the sector, leading many fintech companies to reassess their BNPL strategies. Similarly, Slice, originally a BNPL firm, has transitioned to offering prepaid credit cards and is now merging with North East Small Finance Bank.

BNPL 73

BNPL Online and Mobile Banking Credit Limit Credit Cards 73

PYMNTS

MARCH 7, 2016

Then there’s the digital banking movement and the land grab for the bank accounts of millennials. There’s only one problem – as a category, millennials don’t really have any money to put in those bank accounts. HOW DO WE ALL AVOID THE CURSE OF THE TYPEWRITER? You, of course, know the story of Smith Corona. Here in the U.S.,

Online and Mobile Banking 46

Online and Mobile Banking Payments Financial Inclusion Same Day ACH 46

CB Insights

OCTOBER 4, 2018

At $150B, the current valuation of Ant trumps the market capitalizations of leading financial institutions around the world, from Goldman Sachs and Morgan Stanley to Banco Santander and The Royal Bank of Canada. Today, Sesame is largely used for non-financial purposes, such as credit checks for bike rentals and visa approvals.

Online and Mobile Banking 78

Online and Mobile Banking FinTech Mobile Payments Regulations 78

PYMNTS

OCTOBER 11, 2017

Fulmer said that most players don’t even object to more competition from banks and applaud regulatory clarity that would allow them to compete in the market. There should be vying for the consumer’s business under the same rules and regulations that non-depository providers operate under,” Fulmer noted in an interview with PYMNTS.

Rules 43

Rules CFPB NCUA Credit Union 43