PYMNTS

OCTOBER 1, 2018

LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. Investors have returned to the platform in larger numbers, but loan volume and revenue have seen sluggish growth until very recently. The DOJ Finding. Those effects, however, were short-lived.

P2P 54

P2P Origination Underwriting Returns 54

Fintech News

MARCH 18, 2024

Originally established as Omise in Thailand in 2015, Opn has since expanded its footprint to encompass Japan, Singapore, Malaysia, Indonesia, the Philippines, Vietnam, and the US. In addition, Opn offers consulting services through its Opn Pro brand. since 2021.

FinTech 109

FinTech Online and Mobile Banking Blockchain Product 109

PYMNTS

MARCH 21, 2019

“Not only do these bonds provide compelling returns for our investors, but they support affordable loans to hard-working people who might not otherwise be able to obtain access to capital. By seeing borrowers as more than their credit score, Aura is setting the standard for responsible small balance loan origination.”.

Underserved 43

Underserved Origination Returns Technology 43

The Payments Association

OCTOBER 28, 2024

The data shows that without better cross-industry cooperation, it will be difficult to curb the tide of fraud that originates outside traditional banking systems. Criminals lure victims with promises of high returns, often using fake investment opportunities in areas like cryptocurrency, property, or gold.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

DECEMBER 10, 2016

When all the shares were accounted for, Lending Club’s original IPO managed to pull in more than $1 billion — slightly beating expectations and making it the seventeenth-largest U.S. Loan originations were down, and defaults were higher than expected. The Billion-Dollar IPO. IPO of the year. The Trouble With “Not Being A Bank”.

Non-Bank 73

Non-Bank Compliance Push-to-Card Origination 73

FICO

DECEMBER 8, 2022

This blog illustrates how to use FICO Resilience Index in underwriting risk management strategies during both stressed and unstressed times to maximize its return on investment. 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.

Addressing 52

Addressing Risk Underwriting Risk Management 52

PYMNTS

AUGUST 22, 2017

. “We’ve been impressed by the Capital Float team as the company has achieved remarkable growth by delivering innovative products to small businesses and providing attractive returns to investors on the platform,” said Ribbit Capital partner Nick Shalek in a news statement. billion in 2015.

Small Business 40

Small Business Database Origination Returns 40

PYMNTS

NOVEMBER 20, 2018

Formally founded in 2015 in what the founders called their “test year,” AUrate was entirely self-funded at first through the founders’ savings and gifts from friends. Some of our pieces are statements, some are classic staples, all are completely original,” Kahn said, further noting that their offerings are ethically sourced.

Enrollments 56

Enrollments Fed Origination Returns 56

Fintech Labs Insights

NOVEMBER 16, 2015

Pictured: VATBox CEO and co-founder Isaac Saft demonstrating the VATBox Automated VAT Recovery and Visibility solution at FinovateEurope 2015. The program seeks diversity among participating startups, encouraging companies with different levels of funding, team sizes, revenues earned and place of origin to apply.

Visa 31

Visa Automation Origination Returns 31

PYMNTS

MAY 21, 2020

percent higher than 2018 and had 160,000 more reported cases than the previous record year of 2015. Victims receive an unexpected influx of cash and a message from the fraudster asking for the money back, but this money originated from stolen credit cards. This accounted for 20.3 percent of 3.2 The identity theft rate in 2019 was 46.4

Financial Crimes 52

Financial Crimes Crime Identity Theft Federal Trade Commission 52

CB Insights

SEPTEMBER 10, 2019

Originally launched in 2015, Qapital has raised $51M in funding to date and gained roughly 420,000 users, who have reportedly saved nearly $500M. Goldman Sachs and BlackRock have both acquired robo-advising startups Honest Dollar and FutureAdvisor, respectively, and Charles Schwab launched its robo-advisor product in 2015.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

PYMNTS

MARCH 25, 2019

In Chicago, the warmer weather means the return of big outdoor music events and smaller neighborhood summer street festivals, both of which in the past have been places where scooter companies and others involved in the sharing economy have promoted their services and products – and places where controversy has originated in the past.

Economy 54

Economy Payments Origination Returns 54

PYMNTS

MARCH 1, 2017

That was a 61 percent increase in the money lost to fraudsters using the method compared to 2015, while there was a 31 percent increase in the amount of account takeover incidents compared to 2015. Account takeovers accounted for more than $2.3 billion in losses last year.

Account Takeovers 56

Account Takeovers Accounts Credential Authentication 56

CB Insights

JUNE 6, 2019

It’s also one where traditional lenders, because of the uncertain returns, are less likely to extend credit. Declared Bankruptcy: 2015. In September 2015, Quirky finally filed for Chapter 11 bankruptcy protections. By 2015, Munchery had raised $117M in venture financing, giving it a valuation of $240M.

Breach 78

Breach On-Demand Product Acquirers 78

Finovate

MAY 3, 2024

Danish fintech unicorn Pleo raises €40m in debt financing Pleo , a Danish B2B spend management platform founded in Copenhagen in 2015, secured a $43 million (€40 million) debt financing facility this week. We’ll also highlight some of the Danish fintechs that have demonstrated their innovations on the Finovate stage.

Small Business 64

Small Business Finance Cross-Border Payments Cross-Border 64

PYMNTS

MARCH 23, 2018

He had just returned from serving in World War II. It was the very origin of the phrase “kid in a candy store.” The great thing about toys, when compared to nursery staples, is that toys can break or go out of style much more quickly, requiring parents to return to the store more often. The Early Days.

On-Demand 49

On-Demand Returns Continuity Origination 49

PYMNTS

JULY 8, 2016

Having crossed a few Rubicons in size and scale, Esch said yesterday (July 7) that the PayPal Working Capital platform has logged $2 billion in originations and served more than 90,000 merchants across the globe since its inception three years ago. 2015’s tally, reporting a respective $1 billion and 60,000 merchants.

PayPal 40

PayPal Volume Credential On-Demand 40

CB Insights

MAY 16, 2018

Since 2015, GreenSky’s transaction volume has grown significantly — from $2.08B in 2015 to $3.77B in 2017. Between 2015 and 2017, GreenSky more than doubled the number of active merchants using its platform to over 10,000. . 2/ A r ecurring servicing fee from bank partners over the lives of their loans.

Volume 35

Volume Shutdown Finance Procedures 35

PYMNTS

JUNE 13, 2016

By the time Walmart Pay was announced late in 2015, the writing was more than on the wall. The new moves have been praised, though dinged for lack of originality, since many of them seem to be pulled from competitor Lyft’s playbook. Half a year later, CEO Dekkers Davidson was out, and new CEO (and Bank of America veteran) Brian V.

Origination 40

Origination Debit Card Participant Faster Payments 40

CB Insights

FEBRUARY 13, 2020

Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. In total, Stripe spans 14 global offices employing over 2,000 people around the world — 8.5x more than it employed in 2015. Will Gaybrick, who joined Stripe in 2015. Ethan Yeh , who joined in 2015 to run Data Science.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

Fintech Labs Insights

JUNE 22, 2015

At FinovateSpring 2015, Shoeboxed launched a packaged offering for banks to provide their customers. To see more information about a transaction, the app supplies a copy of the original receipt, an itemized list purchases, and the category of the transaction, all within the banking app. 3) Product return reminders.

Credit Cards 26

Credit Cards Correspondent Transactions Product 26

CB Insights

OCTOBER 16, 2018

2015: Don’t deliberate over easily reversible decisions. At Amazon, it is always Day 1— it’s a powerful refrain that has featured in every shareholder letter since the original. Day 1 represents originality, enthusiasm, and an eagerness to delight customers. It has the potential of very strong returns.

Innovation 78

Innovation Product Risk Technology 78

PYMNTS

JULY 3, 2017

That is growth, to be sure, but not at a rate that has been seen in the past, with 15 percent growth in the latest measurement compared to 26 percent growth in 2015 to 2016. That is up from 3.3 billion last year. By way of example, when a consumer buys a TV, they are likely to need a power strip or HDMI cable.

ATM 45

ATM Consumer Enrollments On-Demand 45

PYMNTS

MARCH 18, 2016

Some of this can be attributed to what the more optimistic (and euphemism prone) have taken to calling “The Great Reset,” which is not so much a bubble pop as a slight deflation and correction when investors return their focus to more somber targets like profitability. Part of this is a natural winnowing of the field. ’”.

On-Demand 40

On-Demand B2C B2B Returns 40

PYMNTS

MAY 5, 2016

More than 26,000 companies bit the bullet in Q1 2015, giving pundits reasonable cause to worry about the future solvency of the organizations that remained. Though the sporting goods retailer originally filed for bankruptcy in March, claiming upwards of $1.1 This time last year, U.S. March — Sports Authority.

Authorization 44

Authorization Legal Agreements Origination 44

PYMNTS

AUGUST 8, 2017

By 2015, the firm was profitable, and in 2016, it officially relocated it headquarters to Barcelona, Spain, one of three nations outside Russia ID Finance has expanded its efforts into — Belarus and Brazil being the other two. We see a huge opportunity to support these companies while providing a superior risk-adjusted return to investors.”.

Small Business 42

Small Business Finance FinTech Underserved 42

PYMNTS

JULY 18, 2016

Forcing consumers to rent and return movies in a narrow window of time — or else pay late fees if they didn’t. After, of course, making consumers spend a bunch of time traveling to and from the store to pick up and return them. DVDs were delivered to the consumer by the post office and returned the same way. So, Lesson No.

Payments 47

Payments Consumer On-Demand Returns 47

CB Insights

NOVEMBER 16, 2017

Users can try on items at home, and return whatever they don’t like in prepaid shipping envelopes. 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. Stitch Fix has — almost — become a household name.

Caps 45

Caps Origination AI Product 45

PYMNTS

JUNE 23, 2016

The public affinity for cash is particularly visible in Belgium, Italy, Malta and Portugal — all of which are projected to show double digit total cash growth between 2015 and 2020. The privacy component is something that should not be overlooked, he added, because once it’s gone, it’s unlikely to ever return. In 2015, BoA shuttered 2.65

ATM 41

ATM Credit Cards ATMIA Privacy 41

Fintech Labs Insights

AUGUST 17, 2016

Courtesy of more than $144 million in originations in the second quarter, small business lending platform Bizfi has just surpassed $1.8 ” Pictured: Bizfi founder Stephen Sheinbaum demonstrating the Bizfi platform at FinovateFall 2015 in New York. . The gains represent a 25% year-over-year increase. The post BizFi Reaches $1.8

Small Business 15

Small Business Origination Returns Finance 15

CB Insights

JULY 17, 2018

Some vendors have raised concerns that food halls weren’t as supportive as originally advertised — for example, landlords reportedly tacked on additional fees like delivery charges, as well as asking some startups to redo their menus to fit into the hall’s larger theme instead of allowing vendors creative autonomy.

On-Demand 69

On-Demand Automation Origination Fed 69

CB Insights

NOVEMBER 6, 2018

Google has previously leveraged its search data for industry reports across the beauty space, including a 2014 report on the beauty revolution, a 2015 report on hair trends, and a 2017 report that used Google data to identify skincare trends across the US, France, and Japan. Consumer Insights. Product Launches.

Bots 72

Bots Use Case Product Consumer 72

CB Insights

FEBRUARY 8, 2018

Stefano Cantino, strategic marketing director at Prada, said in 2015: “Considering the level of sophistication and image of our ready-to-wear, we feel the shopping experience has to remain immaculate and in-store.” Blockchain is another promising technology for authentication. over the past 35 years, according to Baghunter.

Authentication 50

Authentication Blockchain Product Multi-Currency 50

Fintech Labs Insights

MARCH 6, 2017

While at B2R Finance, Zall led the team that developed the first, multi-borrower single family rental (SFR) securitization, winning the 2015 CMBS Deal of the Year award from Global Capital. As of the fourth quarter of 2016, the company has funded 400 loans with an average size of more than $545,000 and a realized rate of return of 11%.

Product 15

Product Accreditation Finance Origination 15

CB Insights

OCTOBER 10, 2017

How Mint returns 100+ lost hours to its users lives right away. Mint — How it returned 100+ lost hours to users on their first open. In 2015, Robinhood became the first fintech product to be awarded the prestigious Apple Design Award. The original Pageonce was a prototypical Web 2.0 account aggregator.

Finance 78

Finance Online and Mobile Banking Product Checks 78

Fintech Labs Insights

MARCH 6, 2017

This detailed level of account information helps lenders with underwriting, origination, pre-qualification, and account review. Because Envestnet | Yodlee pulls all necessary information directly from the user’s bank, there is no need for the client to supply paper bank statements and tax returns.

Risk 15

Risk Underwriting Advisors Verification 15

PYMNTS

APRIL 11, 2016

So natural, in fact, that the original brands can no longer protect their copyright. Now, every Kleenex and Bayer Aspirin and J&J Band-Aid wannabe can go crazy making copycat products — and legitimately use the original inventor’s name to establish a mental frame of reference as they scheme to get customers to switch to their brand.

Venmo 45

Venmo PayPal Online and Mobile Banking Push-to-Card 45