Neopay

JANUARY 25, 2024

The risks of this happening can be increased, for example because of the speed of crypto-asset transfers or because some products contain features that hide the user’s identity. CASPs can be abused for financial crime purposes, including ML and TF.

Service Provider 52

Service Provider Risk Due Diligence Money Laundering 52

Fintech Labs Insights

SEPTEMBER 17, 2015

This post is part of our live coverage of FinovateFall 2015. Product Launch: Target Q4 2015. Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms. Our next demonstration comes courtesy of Ldger. HQ: New York, NY. Founded: March 2014.

Origination 22

Origination Automation B2B Addressing 22

Finovate

FEBRUARY 13, 2024

” Originally founded in 2016, Wealthify demoed its online investing service at FinovateEurope 2017 and had raised $3.15 Wealthify currently offers investment products– including stocks and shares ISAs, junior ISAs, self-invested personal pensions– and general investment accounts along with its savings accounts. .

Accounts 59

Accounts API End User Origination 59

PYMNTS

JANUARY 27, 2021

Founder and CEO Anthony Hsieh said in a letter with the filing that the company, founded 11 years ago, has been “committed to providing honest products with great value, and committed to delivering them in an innovative, delightful way.”. “To Despite the headwinds originally against us, we had a vision, and we never lost our focus.

Origination 72

Origination On-Demand Product Service Provider 72

Fintech News

AUGUST 12, 2024

The platform combines financial products and services from Vina Securities Joint Stock Company (VNSC) with modern fintech technology from Finhay. It offers a comprehensive solution that allows businesses to sell products across various channels, both online and offline, and claims more than 100,000 customers.

FinTech 111

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 111

PYMNTS

NOVEMBER 13, 2020

We hope this product evolution to Google Arts & Culture will provide educators with a bridge to continue to use immersive content to transform their classrooms and enrich the learning experience for their students,” said Jennifer Holland, director of program management, education, for Google. . “As

NOV 88

NOV Participant Origination Continuity 88

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. Transparently.AI

Financial Crimes 82

Financial Crimes Crime APACS Risk Assessment 82

Fintech Labs Insights

JULY 23, 2015

Five Finovate alums – including three innovative bank partners – have made it to the finals of the BAI Global Banking Innovation Awards 2015. Fidor demoed its FidorPay-Account at FinovateEurope 2011 : Product and Service Innovation. .

Innovation 24

Innovation Non-Bank Origination Product 24

Fintech News

MARCH 18, 2024

The company operates TrueMoney, a fintech platform and super-app that provides products and services including the TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway, and Remittance. million) in insurance premium in 2022 and experienced a 144% increase in commissions from financial products.

FinTech 105

FinTech Online and Mobile Banking Blockchain Product 105

FICO

DECEMBER 8, 2022

Figure 1: Auto finance account origination default rates by FICO® Auto Score 8, Oct 13-Oct 15 and Oct 07-Oct 09 versus a theoretical 3% default rate cut-off. Figure 2: Auto finance account origination default rates by FICO® Auto Score 8 and FICO® Resilience Index 2, Oct 07-Oct 09.

Addressing 52

Addressing Risk Underwriting Risk Management 52

PYMNTS

JANUARY 23, 2019

One month after Canada legalized marijuana for everyone in the country, Canadians spent C$54 million ($41 million) on the product, according to a report in Bloomberg. The C$54 million number is higher than the original estimate of C$43 million, illustrating the potential of the market.

Legal 57

Legal Origination Crime On-Demand 57

PYMNTS

DECEMBER 27, 2020

While TIDAL doesn’t give out subscriber, user or financial data, its website claims to have more than 70 million songs and 250,000 high-quality videos in its catalog, along with original video series and podcasts. Like Twitter, Square is a publicly traded company and has been listed on the New York Stock Exchange since 2015.

Mobile Payments 139

Mobile Payments Bitcoin Origination Payments 139

PYMNTS

MARCH 6, 2017

The variety of Amazon private-label products continues to grow, adding convenience for brand-loyal Amazon Prime members and causing anxiety for competing eCommerce merchants. This feature plays into growing consumer interest in knowing the source of products they purchase and their composite ingredients.

Origination 51

Origination Product Consumer Continuity 51

Fintech News

MARCH 6, 2024

It offers products such as deposits, loans, wealth management, payments and insurance to individual and corporate customers. MYbank MYBank was founded in 2015 by Ant Financial, Shanghai Fosun Industrial Technology Development Co., Receiving its banking license in November 2015, it had over 250,000 customers by April 2017.

Online and Mobile Banking 135

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

PYMNTS

MARCH 20, 2019

The company was founded by CEO Eddie Lim in 2015, with Eoin Matthews and Andreessen Horowitz partner Alex Rampell. Lim said Point has raised $33 million in equity since its origin, and its origination volume has grown upwards of 10 times, year over year. Point’s total capital is now in the neighborhood of $265 million. .

Origination 43

Origination CHIPS Finance Adjustments 43

CB Insights

OCTOBER 31, 2018

In the spirit of Halloween, we used the CB Insights platform to surface 7 creepy companies offering products and services from the spookier end of the spectrum — ranging from professional ash-scattering to demonic small-batch booze and beyond. SynDaver raised a $3M round in 2015 from angel investor and Shark Tank star Robert Herjavec.

Consumer 53

Consumer Origination Consulting Participant 53

CB Insights

DECEMBER 19, 2017

Additionally, many of these physical retailers have lost the cache they once had as new direct-to-consumer brands with a hyper-focus on specific products have taken off. Category/Product(s): Apparel & accessories. Category/Product(s): Teen apparel. Category/Product(s): Children’s toys. Category/Product(s): Footwear.

Product 78

Product Acquirers Authorization CHIPS 78

PYMNTS

OCTOBER 16, 2018

OnDeck, which inked a partnership with JPMorgan Chase at the end of 2015, has named Brian Geary, vice president of OnDeck’s partnership unit, president of ODX. Raj Kolluri, the financial technology executive, was appointed the head of ODX’s product and technology, joining ODX from SS&C Primatics, the software company, noted Reuters.

Small Business 43

Small Business Origination On-Demand Continuity 43

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 United States alleged that, in 2005, Wells Fargo began an initiative to double its production of subprime and Alt-A loans.

Governance 48

Governance Government Origination Process 48

PYMNTS

JULY 20, 2018

Qoo10 was created as a hyperlocal marketplace that allowed large and small merchants to sell their products across Asia. In 2015, Giosis landed $82.1 The platform was originally launched in 2010 as a venture between eBay and Young Bae Ku, the founder of Gmarket. Brookside Capital and Oak Investment Partners.

Acquirers 41

Acquirers PayPal Volume Processors 41

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 Transactions Origination 77

Stax

JANUARY 24, 2024

Purchase volumes through credit cards jumped 51% between 2015 and 2021. A credit card surcharge on the other hand is the additional percentage that a customer pays for a product for making the payment through a credit card. In case of a cash discount, the customer pays less than the original listed amount.

Credit Cards 88

Credit Cards Laws Legal Processing Costs 88

Stax

JANUARY 24, 2024

Purchase volumes through credit cards jumped 51% between 2015 and 2021. A credit card surcharge on the other hand is the additional percentage that a customer pays for a product for making the payment through a credit card. In case of a cash discount, the customer pays less than the original listed amount.

Credit Cards 88

Credit Cards Laws Legal Processing Costs 88

PYMNTS

OCTOBER 21, 2016

By the end of the 24-hour sale, Singles’ Day 2015 had generated $14.3 Singles’ Day will be expanded globally this year to include markets outside of China, including Hong Kong and Taiwan, for shoppers to purchase international products using Tmall. billion in total GMV (RMB 91.2 That was a 60 percent increase from 2014’s figures.

NOV 61

NOV Origination Product Consumer 61

PYMNTS

AUGUST 26, 2019

With the recent global explosion in skincare and wellness products, there are all kinds of stories of how various entrepreneurs wound their way into the market. Some found themselves on foreign shores and unable to find the products they wanted, and so resolved to bring them along.

Origination 43

Origination Product Addressing Consumer 43

Fintech Labs Insights

NOVEMBER 18, 2014

I''ve got another installment or two in the pipeline, but since it''s already starting to feel like we are making our final descent into 2015, I wanted to take a step back and explain WHY those projects rose to the top. Consumers actually do gravitate towards one source if they believe it''s delivering value across disparate items.

Online and Mobile Banking 30

Online and Mobile Banking Non-Bank P2P Consumer 30

PYMNTS

SEPTEMBER 27, 2016

23), starts with a $575,000 amount in alleged unpaid invoices, which are the product of five invoices submitted to DraftKings delivered by the plaintiffs. 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.

Agreements 64

Agreements Origination Acquirers Continuity 64

PYMNTS

OCTOBER 29, 2019

51job and existing investors Origin Ventures, Uncork Capital and others also participated in the round. Founded in 2015, Fountain processes more than 1 million applications to fill 150,000 hourly and gig positions every month for its customers, which include Golden Gate Bell, Chick-fil-A, Lime, Safeway and more. .” ”

Origination 40

Origination Process Participant Automation 40

PYMNTS

MARCH 9, 2018

Now, the company will follow CEO Chieh Huang’s original strategy: He wished that the company stay private and then go public in the future. Compared to Amazon, Boxed offers fewer products – and items in bulk sizes. The website is also an attractive sales channel for CPG companies looking to offer their household products online.

Origination 43

Origination Participant Product Technology 43

PYMNTS

JUNE 20, 2017

Technology companies like PayPal are finding new ways to serve customers where the products and services of the past are coming up short,” he said. ”Of is a sizable portion of the more than $3 billion in overall loan originations by PayPal Working Capital (October 2015 stats pegged loan originations at $1 billion).

PayPal 43

PayPal Volume Small Business Origination 43

PYMNTS

MAY 18, 2018

Fieber is replacing outgoing Brendan Proctor, who has led the firm’s aggressive stateside expansion ambitions since 2015. “I I look forward to continuing our expansion into additional markets this year, and [to] introducing more customers to Lidl’s high-quality products and low prices.”. grocery market have changed.

Origination 46

Origination Product Continuity Consumer 46

Wharton Fintech

JANUARY 18, 2024

We provide products from payments and collection, FX and payout all the way to embedded finance to allow or empower any businesses to operate the whole financial and payments stack on top of our platform. Companies such as TripAction and Niven utilize our infrastructure to power reimbursement products worldwide via our core API.

Cross-Border 52

Cross-Border Cross-Border Payments Payment APIs and Integration Embedded Finance 52

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. Browder filed the complaint in March, and it was dismissed a month later.

Money Laundering 46

Money Laundering Authorization Crime Origination 46

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 Automation 58

PYMNTS

JANUARY 11, 2017

Drug company Valeant Pharmaceuticals International is shedding four of its brands — three skincare and one cancer treatment business — and experts say it’s good money, considering what the company original bought those brands for. French cosmetics company L’Oréal is purchasing three skincare brands from Valeant for $1.3

Federal Trade Commission 40

Federal Trade Commission FTC Legal Origination 40

FICO

MAY 11, 2017

I was looking over my blog archives the other day and read this chestnut from December 2015: “With the introduction of EMV in the US, both [card not present and application fraud] are up – especially the sophistication of the synthetic identities used in application fraud.”. Well, isn’t that the truth.

Fraud Detection 45

Fraud Detection Origination EMV Process 45

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