PYMNTS

OCTOBER 26, 2016

The rate of fraud attacks is up 39 percent in 2016 (through Q2), and the rate has risen 62 percent from Q3 2015. According to the latest data, 39 of every 1,000 transactions are subject to fraud, a 47 percent increase from Q4 2015 and a 14 percent increase from Q1 2016. out of $100 is at risk for luxury goods. Have the attacks gone up?

Fraud Prevention 77

Fraud Prevention Risk Origination Transactions 77

CB Insights

JANUARY 17, 2018

We excluded funding from debt as well as lines of credit, and only considered companies that have raised at least $1M of equity funding since 2015 to date (1/8/18). Companies featured in those four states are the most well-funded private tech companies in these states since 2015. Stio (Mountain Origins Design) *. AfterSchool.

Cross-Border 78

Cross-Border Database Origination Security 78

PYMNTS

OCTOBER 5, 2016

Banks that were originally named as defendants were dismissed from the case, but time will tell if they are added back in, which is something U.S. The complaint includes the example that some merchants have been allegedly responsible for more than $10,000 in fraudulent transactions and fees.

CHIPS 73

CHIPS EMV Visa Credit Cards 73

Neopay

JULY 18, 2024

The Regulation recasts Regulation (EU) 2015/847 and brings the EU’s legal framework in line with the Financial Action Task Force (FATF)’s standards by extending the obligation to include information about the originator and beneficiary to CASPs – the so-called ‘travel rule’.

Travel Rule 52

Travel Rule Money Laundering Rules Finance 52

FICO

JULY 14, 2016

For example, one global bank spent almost $3 billion on financial crime compliance in 2015, with a department staffed with 9,000 personnel. As a comparative data point, the bank’s 2015 revenues were nearly $60 billion. In 2015 we acquired TONBELLER , an innovator in risk-based financial crime prevention and compliance.

Financial Crimes 66

Financial Crimes Crime Money Laundering Due Diligence 66

PYMNTS

DECEMBER 17, 2020

Yoshi, founded in 2015, was originally intended as an on-demand fueling company, filling a user's tank wherever a driver wanted instead of forcing the driver to stop at a gas station. "We obviously took a huge hit when COVID hit, but we are now approaching the levels that we were at coming into it.". markets, CNBC reported.

On-Demand 72

On-Demand Credit Cards Origination Acquirers 72

PYMNTS

AUGUST 16, 2019

But since the beginning of the 2015 spending spree, many of these heavily-indebted conglomerates have sold off billions of dollars in assets. China Citic Bank International has been among several financial institutions looking to take advantage of that trend, reports noted.

Non-Bank 59

Non-Bank Regulations Authorization Origination 59

Neopay

NOVEMBER 27, 2023

It included a proposal for a recast of Regulation (EU) 2015/847, now published in the Official Journal of the European Union since June 2023 as Regulation (EU) 2023/1113. Consultation process Comments to the consultation paper can be sent by clicking on the “send your comments” button on the EBA’s consultation page.

Money Laundering 52

Money Laundering Consulting Finance Travel Rule 52

PYMNTS

SEPTEMBER 27, 2016

The initial deal included some nonbinding provisions, which later became a concern for the plaintiffs, and they subsequently requested that DraftKings tweak the original agreement. 25, 2015, someone from DraftKings sent: “Let’s get working in good faith.” Via text message on Aug.

Agreements 64

Agreements Origination Acquirers Continuity 64

Finovate

MARCH 5, 2024

That’s because, since it was founded in 2015, Monzo has acquired nine million users– two million of which were brought on just last year. Monzo originally launched in 2015, the early days of digital challenger banks. The timing of the funds, combined with the company’s expansion ambitions, come at a good time.

Checks 59

Checks Origination Accounts Rules 59

Finovate

AUGUST 27, 2024

The bank will leverage Zeta’s Digital Credit as a Service technology, which enables banks to manage a credit product from origination through processing without requiring multiple integrations. Next-generation banking technology company Zeta has partnered with India’s HDFC Bank to power its Credit Line on UPI (CLOU) solutions.

Origination 59

Origination APACS Underwriting Product 59

Fintech News

AUGUST 12, 2024

The company leads the consumer finance market with over 21,000 points of sale, 16,000 employees, and more than 12 million customers.

FinTech 115

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 115

PYMNTS

OCTOBER 21, 2016

By the end of the 24-hour sale, Singles’ Day 2015 had generated $14.3 The widely recognized Chinese retail holiday was originally aimed at encouraging singles to shop for something special for themselves but has since transformed into an event that attracts shoppers, brands and merchants from around the world.

NOV 61

NOV Origination Product Consumer 61

CB Insights

DECEMBER 19, 2017

Below, we dive into each retail bankruptcy from 2015 – 2017 in reverse chronological order, starting with jewelry and accessories chain Charming Charlie in December 2017 and closing with teen apparel store Wet Seal in January 2015. The List (2015). Date: November 2015. Date: October 2015. The List (2017).

Product 78

Product Acquirers Authorization CHIPS 78

FICO

FEBRUARY 23, 2016

The China Financial Certification Authority expects that mobile banking customers will account for around 24% of the total e-banking users in 2015, and that 40% of those will buy financial products through their smartphones. Victor Yu, IT Department, Credit Card Center, China Minsheng Bank.

Online and Mobile Banking 58

Online and Mobile Banking Credit Cards Advisors Mobile Banking 58

PYMNTS

JANUARY 7, 2021

While he was originally facing 15 to 20 years, U.S. Tyurin was first charged in 2015 while he was still at large. Tyurin pled guilty in 2019 to the crime, which netted hundreds of millions of dollars and affected around 140 million clients, according to the prosecutors in the case. District Judge Hon.

Crime 64

Crime Origination Authorization Governance 64

PYMNTS

JANUARY 27, 2020

One notable phishing attack occurred in 2015, when healthcare giant Anthem suffered a breach that compromised more than 80 million patient records. The scheme originated from a number of phishing emails that targeted a handful of employees.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

Finovate

MAY 30, 2024

The bank accounts are held with Reliance-owned Jio Payments Bank, which was granted a banking license by the Reserve Bank of India in 2015. And Paytm, which originally launched as a mobile wallet and payment app, has expanded into a super app by adding banking, financial services, and e-commerce functionalities.

Origination 59

Origination Digital Payments Finance Accounts 59

PYMNTS

MARCH 6, 2017

Recently, the online retail giant added a new product line to its Amazon Elements brand, which had previously sold only baby wipes (and a line of diapers for a short time back in 2015). Since the end of February, Amazon has been selling its own line of vitamin supplements.

Origination 51

Origination Product Consumer Continuity 51

PYMNTS

SEPTEMBER 19, 2016

In March 2015, Facebook Messenger began accepting payments. 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. percent in 2015, according to Bloomberg.

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: 2015. Founded: 2015.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

PYMNTS

OCTOBER 21, 2018

Bank OZK said when announcing the write-downs that the two loans were issued in 2007 and 2008 and were older than the rest of its loans, which were originated mainly since 2015. Sears declared bankruptcy last week, noted the report.

Risk 63

Risk Void Origination Research 63

CB Insights

OCTOBER 31, 2018

SynDaver raised a $3M round in 2015 from angel investor and Shark Tank star Robert Herjavec. In line with the recent surge of consumer and investor interest in craft spirits , Deacon Giles produces a range of artisanal, small-batch “damn righteous spirits,” including its Original Gin and Liquid Damnation Rum. Type: Robotics.

Consumer 53

Consumer Origination Consulting Participant 53

PYMNTS

SEPTEMBER 6, 2017

When the World Health Organization performed global estimates of foodborne diseases in 2015, the organization discovered that nearly one in every 10 people gets sick every year from contaminated food, with more than 400,000 resulting deaths each year, PC Magazine reports.

Blockchain 79

Blockchain Regulatory Compliance Participant Database 79

Finovate

FEBRUARY 13, 2024

” Originally founded in 2016, Wealthify demoed its online investing service at FinovateEurope 2017 and had raised $3.15 ClearBank was founded in 2015 by former Worldpay CEO Nick Ogden. million (£2.5 million) before being acquired by financial services giant Aviva in 2020. .

Accounts 59

Accounts API End User Origination 59

Neopay

JANUARY 25, 2024

Legal basis Directive (EU) 2015/849 puts the risk-based approach at the centre of the EU’s anti-money laundering and countering the financing of terrorism (AML/CFT) regime.

Service Provider 52

Service Provider Risk Due Diligence Money Laundering 52

CB Insights

NOVEMBER 1, 2018

It was originally a dating site that allowed singles to upload videos of themselves talking about what they wanted in a partner. Within a few years, the company was raising millions in venture capital funding and went public in 2015. Stars such as Justin Bieber and The Weeknd got their big breaks via the site. Source: Wayback Machine.

PayPal 76

PayPal Origination Acquirers On-Demand 76

FICO

FEBRUARY 25, 2019

Risk in Bankcard Originations on the Rise. Since 2015-2016, we have observed a shift downwards in the relationship between repayment odds (defined as the number of on-time payers for every one defaulter) at a given FICO® Score in the U.S. This shift has been most notable for the bankcard originations population.

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

PYMNTS

OCTOBER 21, 2018

Bloomberg contended in the report that Apple discovered the issue in 2015, ended ties with the vendor and reported the incident to the FBI. Bloomberg has stood by the story, publishing a follow-up that furthers the original story. The vendor was Supermicro , noted the report.

CHIPS 74

CHIPS FBI Compromise Governance 74

PYMNTS

OCTOBER 5, 2016

The technology, originated by the University of Cincinnati and the Air Force Research Labs at Wright Patterson Air Force Base, is to collect personal health data to be used in medicine, fitness-for-duty, stress management, treatment efficacy and industrial toxicity. United States Air Force Research Laboratory awarded Eccrine Systems $3.96

Origination 55

Origination Research Participant Acquirers 55

PYMNTS

MARCH 23, 2020

Admittedly, they don’t quite have the rhetorical flourish or generally upbeat nature of the original, but perhaps they point to how media streams are evolving now — and will continue to evolve going forward as the coronavirus pandemic changes life as we knew it.

Origination 69

Origination Consumer On-Demand Caps 69

Fintech News

MAY 22, 2024

Among the top 50 financial crime tech companies named in FinCrimeTech50 , four originate from APAC and represent the region’s financial crime technology pioneers. Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively.

Financial Crimes 85

Financial Crimes Crime APACS Risk Assessment 85

PYMNTS

AUGUST 6, 2018

The computer glitch impacted some accounts that were in the foreclosure process between April of 2010 and October of 2015. The issue was corrected in October of 2015. The filing did not provide further details, reported CNN. In around 400 of the cases, the homeowner lost their home to foreclosure.

Governance 48

Governance Government Origination Process 48

PYMNTS

FEBRUARY 22, 2019

Those funds in question were reportedly moved from 2007 to 2015. The bank had originally planned to not completely close, but to simply reduce its operations in the country. As it stands, the bank is being investigated in countries such as the U.S., The bank was ordered to close its branch in Estonia on Tuesday (Feb.

Money Laundering 55

Money Laundering Origination Regulations Security 55

Finovate

AUGUST 27, 2024

Originally founded in 2015, Revolut launched its Revolut Business product in July 2017. . “We’re excited to launch Instant Card Transfers in the U.K.

Cross-Border 52

Cross-Border Transactions Multi-Currency Payee 52

CB Insights

DECEMBER 7, 2017

By the end of 2017, nearly $1.8T worth of mortgages will have been originated in the United States this year, according to government-backed mortgage lender Freddie Mac. Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years.

Non-Bank 69

Non-Bank Online and Mobile Banking Origination Underwriting 69

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. Investment has been good.

Credit Cards 71

Credit Cards Finance Origination Consumer 71