Fintech News

SEPTEMBER 9, 2024

Originating in Sweden, Lendela quickly expanded across Scandinavia. Mitigram Mitigram logo, Source: Mitigram Founded in 2014, Mitigram operates a digital exchange for cross-border trade transactions. This allows borrowers to compare interest rates, terms, and other loan conditions before choosing the best option.

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APACS FinTech Assessments Cross-Border 111

Fintech Labs Insights

SEPTEMBER 17, 2015

This post is part of our live coverage of FinovateFall 2015. Founded: March 2014. The post Ldger Previews its Cash Flow Automation Platform for Marketplace-Originated Credit appeared first on Finovate. Our next demonstration comes courtesy of Ldger. HQ: New York, NY. Website: ldger.com. Twitter: @ldgerinc.

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Origination Automation B2B Addressing 22

Fintech Labs Insights

JULY 10, 2015

In 2014, Prosper closed $1.6 In Q1 2015, Prosper closed its largest quarter so far with $912 million in loan originations on the platform. This week, Prosper announced it has originated more than $4 billion in loans since its 2006 launch. billion in loans. At the time, this was a record and rang in at 3.5

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Origination P2P Volume Checks 28

Fintech Finance

APRIL 24, 2024

Square has offered offline payments for 10 years, first bringing “Offline Mode” technology to the original Square Reader for magstripe in 2014. The post Square Brings Offline Payments to All Hardware Devices, Around the Globe appeared first on Fintech Finance. To learn more about offline payments, please visit [link].

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Payments Transaction Limits CHIPS Continuity 52

PYMNTS

OCTOBER 7, 2016

Yahoo’s recent news of a 2014 hacking and accusations that the company should have reported the event sooner are affecting Verizon’s agreement to buy Yahoo, to the tune of $ 1 billion. According to the New York Post, Verizon wants to pay $3.8 billion instead of the original $4.8 Yahoo and Verizon are not commenting.

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Agreements Origination Compromise Legal 69

PYMNTS

DECEMBER 9, 2020

“We’ve seen beauty and wellness sellers gravitate towards using Square Register since it first launched, and we’re excited to offer this integration with Square Appointments,” Jesse Dorogusker , hardware lead, Square, said in a company blog post on Wednesday (Dec.

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Point-of-Sale (POS) Contactless Payments On-Demand Origination 113

PYMNTS

MARCH 4, 2019

At the beginning of 2009, Co-founders Jim McKelvey and Jack Dorsey tapped O’Tierney to create the company’s original mobile payment app. It was reported in 2014 that Dorsey had originally looked to have O’Tierney work on a journal-keeping app called Log, prior to Square (first named Squirrel.).

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Origination Mobile Payments Technology Accounts 63

Braintree

FEBRUARY 12, 2020

Update (June 9, 2020): Updated post to reflect sandbox availability. This blog post provides details on Braintree’s plans for refund-related API changes: we recommend that you review the technical changes outlined here as well as the guidelines in our previous post to ensure your integration is prepared for refund declines.

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Authorization API Payment APIs and Integration Processors 52

The Fintech Times

MAY 4, 2024

Bitcoin was in its relative nascency when Stripe originally looked to get involved in cryptocurrency. In 2014, Stripe announced that it was trialling Bitcoin payments with a select number of users, making it one of the first payment companies in the world to integrate the alternative payment method.

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Stablecoins Cryptocurrency Bitcoin Regulations 72

Fintech Labs Insights

JUNE 16, 2016

Making the loan origination more efficient is the goal of any firm that provides mortgage solutions to community banks and credit unions. ” Founded in 2014 and headquartered in San Francisco, California, Roostify demonstrated its technology at FinovateSpring 2016.

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Origination Process Credit Union Community Banks 15

FICO

NOVEMBER 22, 2018

In this post, I will share analysis that shows why using account management scores is equally important. I will share recent analysis done in Russia, where more than half of the top Russian banks use FICO Scores delivered by NBKI, but most are only using the scores for Account Origination. The FICO Score in Russia.

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Accounts Origination Risk Credit Risk 45

PYMNTS

MARCH 10, 2017

The mobile app enables parents to sell both high-end and lesser-quality clothing in individual posts by posting many at a time. Sinch launching as a mobile-first store back in 2014, the resale platform has garnered more than a quarter million registered users in the U.S.

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Origination Participant Posting 40

CB Insights

MAY 9, 2018

acquisition of Scripps in 2018 was aimed at building Discovery’s arsenal of original content with distribution revenue and future streaming efforts in mind. Since 2014, mentions of “advertising” in Discovery’s earnings calls have trended down year-over-year. Want the full expert post?

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Origination Posting Consumer 28

The Fintech Times

FEBRUARY 29, 2024

In fact, those living in the United States and similar have had digital wallets for many years now with most stores having NFC readers and phones having functions like Apple Pay and Google Pay since 2014. Similarly, in Southeast Asia, GrabPay and GoPay originated from ride-sharing apps and have become widely used.

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Online and Mobile Banking Payment APIs and Integration Bitcoin Blockchain 69

FICO

APRIL 13, 2017

Thus, the scoring date for the October 2016 figures would be October 2014. The most interesting observation is the uptick in origination delinquencies, which we see across the board relative to 2013. Originations here are trades opened within six months of the scoring date.). appeared first on FICO.

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Push-to-Card Origination Fed Economy 40

PYMNTS

FEBRUARY 24, 2016

When OnDeck first went public in 2014, around the same time that fellow alternative lender Lending Club did, it signaled the possibility of a new era of small business finance. According to the company, OnDeck saw a 51 percent increase of loan originations compared to the same quarter a year prior, reaching $557 million.

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Small Business Underwriting Origination Finance 40

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.

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Research Consumer Origination Underwriting 53

PYMNTS

JANUARY 9, 2017

The original concept behind the program was to test and drive sales post-morning rush, while featuring items like wine, beer and specialty food, like bacon-wrapped dates. In 2014, the company announced that it had plans to sell alcohol at thousands of stores. But that last call isn’t hard and fast.

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Caps Origination Continuity Posting 41

PYMNTS

MAY 8, 2017

Loan originations were down in Q1 — $1.96bn of loans in the most recent quarter, down slightly from the $1.99bn of the fourth quarter. Bank funded 40 percent of total originations for the quarter, up from 31 percent in the fourth quarter. per cent in 2014. Net loss clocked in at $29.8 Headwinds and Headaches .

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Origination Returns Underwriting On-Demand 40

PYMNTS

APRIL 18, 2016

Ant meets these requirements comfortably, as well as the regulation that, to IPO, a firm must generate accumulated cash flow of at least 50 million yuan or post a total of 300 million yuan for revenue in the latest three years. Alibaba originally targeted a Hong Kong IPO, but the city would not waive a ban on multiple share-class structures.

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Acquirers Origination Finance Regulations 40

FICO

JUNE 22, 2017

This is a guest post from Nikola Marcich with the Policy team at the Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industry. billion in 2014. This post originally appeared on the SIIA blog.

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AML Facilitators AI Money Laundering 55

Fintech Labs Insights

SEPTEMBER 16, 2015

This post is part of our live coverage of FinovateFall 2015. Metrics: Ormsby Street is founded as a pin-off from BCSG, which owned a simple credit risk product originally dating back to 2008. Founded: February 2014. The post Ormsby Street Presents its New Credit Risk Solution, CreditHQ appeared first on Finovate.

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Credit Risk Risk B2C Origination 27

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.

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Origination Research Continuity Accounts 45

PYMNTS

DECEMBER 10, 2016

Laplanche is Renaud Laplanche, Lending Club’s colorful and highly quotable founder and first CEO, and he had that effect on a lot of people during the eight years between Lending Club’s IPO in 2014 and its beginnings. Loan originations were down, and defaults were higher than expected. The Billion-Dollar IPO. IPO of the year.

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Non-Bank Compliance Push-to-Card Origination 73

Fintech Labs Insights

JULY 7, 2016

Auto lending loan origination service (LOS) provider defi SOLUTIONS will soon offer lenders a full-service analytics and reporting platform. The reporting feature of ANALYTICS will enable lenders to track loan originations, as well as credit risk performance and profitability.

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Origination Credit Risk Risk Management Consulting 16

FICO

SEPTEMBER 4, 2018

Earlier this year at FICO World 2018 , we held a session with SunTrust about how they rebuilt their origination process to become truly customer-centric. Digitizing Credit Originations To Meet Customer Expectations – Transcript: . Describe some of the loan origination issues? embed][link]. We didn’t provide that.

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Origination Non-Bank Automation Underwriting 49

CB Insights

NOVEMBER 16, 2017

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. In June 2014, Stitch Fix raised a $30M Series C at a much higher $314.4M It raised $46.8M, all in 2013-2014, and has not raised additional funding since June 2014.

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Caps Origination AI Product 45

FICO

SEPTEMBER 19, 2018

Earlier this year at FICO World 2018 , we held a session with SunTrust about how they rebuilt their origination process to become truly customer-centric. Digitizing Credit Originations To Meet Customer Expectations – Transcript: . Describe some of the loan origination issues? embed][link]. We didn’t provide that.

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Origination Non-Bank Automation Underwriting 40

Fintech Labs Insights

AUGUST 24, 2016

interest for the 11 months remaining on the original 1-year term; however, it is likely to be paid off early if all goes well and the house is sold before the end of the 12-month period. I haven’t found reliable stats for 2015, but the market was estimated at $1 billion in funding in 2014. This particular house will pay 10.5%

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Origination Checks On-Demand Acquirers 18

Fintech Labs Insights

SEPTEMBER 28, 2016

The company’s original launch of its developer platform took place around 2010, so today’s launch is more of an expansion of the platform. Both companies showed off their APIs at FinDEVr Silicon Valley 2014. Payment services giant Mastercard is launching its developer portal. Sound familiar?

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Gateways API Payment APIs and Integration Visa 20

PYMNTS

AUGUST 9, 2017

In the first quarter alone, smartphone-originated QR code-based payments saw transaction growth of a staggering 113 percent according to the consulting firm iResearch. Development by both Tencent and Ant Financial continued even as the Chinese government briefly banned such payments in 2014 to address regulators’ safety concerns.

Online and Mobile Banking 46

Online and Mobile Banking Payments Push-to-Card Mobile Payments 46

Fintech Labs Insights

AUGUST 7, 2015

Coinalytics was founded in April 2014 and is based in San Francisco, California. DRAFT was founded in October 2014 and is headquartered in Austin, Texas. The company was founded in June 2013 and last demoed for Finovate as part of FinovateFall 2014 in New York. Origin Markets. Europe category. Continuum Security.

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Data Breach Breach Security Origination 26

PYMNTS

DECEMBER 18, 2019

Caribou’s current rewards system is quite different from what was offered when it debuted in 2014, Larson said. Caribou Perks did not originally allow customers to schedule pickup times. Another innovation Caribou implemented post-release was targeted recommendations. How Caribou modernized its rewards system.

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Innovation Point-of-Sale (POS) Data Breach Breach 52

Fintech Labs Insights

MAY 18, 2017

Originally developed as an in-house liquidity tool, ALFA is now called Algomi ALFA. At FinovateFall 2014, Algomi debuted Honeycomb , a buy-side GUI that helps investors see which dealer is best to facilitate illiquid block trades without disturbing the market.

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Acquirers Blocks Origination Facilitators 16

Fintech News

MARCH 6, 2024

China WeBank Tencent, Baiyeyuan, Liye Group, and other companies founded its neobank called WeBank in 2014, and capitalised on Tencent’s vast app customer base to serve over 200 million customers and 1.3 Originally providing online lending services, it has since branched out into payments, credit, and wealth management.

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Online and Mobile Banking Debit Card Non-Bank Push-to-Card 135

Fintech Labs Insights

MARCH 3, 2017

million loan originations since launching in 2012. CEO Sasha Orloff debuted the company’s API at FinovateSpring 2014. The post LendUp Lands $100 Million Credit Facility appeared first on Finovate. The San Francisco-based startup’s combined debt and equity now totals $325 million.

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API Credit Cards Origination Finance 19

Fintech Labs Insights

JULY 23, 2015

Idea Bank joined Efigence on the stage for FinvoateEurope 2014 , presenting their transaction system for SMEs. The post Five Alums Earn Finalist Spots in Global Banking Innovation Awards 2015 appeared first on Finovate. Most Innovative Bank of the Year.

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Innovation Non-Bank Origination Product 24