PYMNTS

MAY 5, 2016

In fact, in Q1 2016, Chapter 11 filings from commercial companies actually fell 5 percent across the board. Just a few short months into 2016, several standbys have already filed the appropriate paperwork to try to drag themselves slowly back to the black, while others are heading towards complete liquidation. January — Wet Seal.

Authorization 44

Authorization Legal Agreements Origination 44

FICO

MAY 10, 2018

Alliant Credit Union , one of the largest credit unions in the United States, has transformed its consumer lending business and is exceeding its lending goals since implementing FICO technology solutions in 2016. Alliant started using the new CLOS for auto loans and credit cards in late 2016.

Credit Union 61

Credit Union Origination Credit Cards Process 61

The Fintech Times

AUGUST 19, 2024

per cent of the city’s gross domestic product (GDP) and boasts 163 licensed banks, 164 authorised insurers, and eight virtual banks. Some of the world’s largest banks and financial institutions originate from the city, including HSBC (its acronym, after all, stands for ‘Hong Kong Shanghai Banking Corporation’).

FinTech 72

FinTech SARS Central Bank Cross-Border 72

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

JUNE 18, 2024

Jin joined Visa in May 2016 as head of marketing for Greater China. With over 20 years of experience in both APAC and the US, Jin has a proven track record of revitalizing underperforming businesses, launching innovative products, and executing groundbreaking marketing campaigns.

APACS 108

APACS Visa Credit Cards SARS 108

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. Pictured (left to right): Jonathan Kirst (CTO) and Nathaniel Sokoll-Ward (Head of Product) demonstrating Roostify’s platform at FinovateSpring 2016.

Origination 15

Origination Process Credit Union Community Banks 15

The Fintech Times

MAY 1, 2024

According to the FCA, since 2016 H2, current accounts have remained the most complained about product. In fact, complaints about Payment Protection Insurance (PPI) heavily inflated the total number of complaints between 2016 and 2020. Meanwhile, home finance (up 3.7 per cent) and investments (up 3.4

Consumer Financial Protection Bureau (CFPB) 59

Consumer Financial Protection Bureau (CFPB) Volume Consumer On-Demand 59

FICO

NOVEMBER 22, 2018

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. Account Origination Analysis Shows Shift in Risk. The average FICO® Score increased by 6 points between 2016 and 2017. The FICO Score in Russia.

Accounts 45

Accounts Origination Risk Credit Risk 45

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

PYMNTS

SEPTEMBER 4, 2019

The new device would be the company’s first low-cost smartphone since the iPhone SE’s launch in 2016, Nikkei Asian Review reported. In 2016, the original iPhone SE sold roughly 30 million units, with another 10 million sold from 2017 to 2018, per Yuanta Investment Consulting.

Consulting 40

Consulting Origination Product Security 40

Fintech News

MARCH 6, 2024

Suning Bank received its banking license from the China Banking Regulatory Commission (CBRC) in December 2016, and commenced operations in June 2017 with registered capital of 4 billion yuan. It offers products such as deposits, loans, wealth management, payments and insurance to individual and corporate customers. Wanxiang Sannong Co.,

Online and Mobile Banking 135

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

PYMNTS

OCTOBER 8, 2018

Bloomberg cited sources that claim the company’s Marcus unit has slashed its loan originations target for next year. The news comes as a bit of surprise, given that earlier this year, it was revealed that Marcus had issued $3 billion in new consumer loans since launching in October of 2016 through the first quarter of 2018. “We

Origination 60

Origination Consumer Accounts Continuity 60

CB Insights

OCTOBER 19, 2018

Goldman Sachs introduced Marcus — its digital consumer bank — in October 2016. Goldman Sachs’ M&A strategy has been to target consumer fintechs and acquire engineering and product teams to onboard into Marcus. In the future, Goldman plans to re-brand Clarity Money into Marcus, and integrate products into the app.

Acquirers 58

Acquirers Credit Cards Origination Product 58

PYMNTS

SEPTEMBER 5, 2019

The new device would be the company’s first low-cost smartphone since the iPhone SE’s launch in 2016. In 2016, the original iPhone SE sold roughly 30 million units, with another 10 million sold from 2017 to 2018, per Yuanta Investment Consulting. The less expensive iPhone could boost Apple sales in the spring of 2020.

Authentication 46

Authentication Consulting Origination Technology 46

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

PYMNTS

OCTOBER 26, 2016

The brand new October 2016 Global Fraud Attack Index™ , a PYMNTS and Forter collaboration, has some scary news for retailers, and it has nothing to do with Halloween. The rate of fraud attacks is up 39 percent in 2016 (through Q2), and the rate has risen 62 percent from Q3 2015. out of $100 is at risk for luxury goods.

Fraud Prevention 77

Fraud Prevention Risk Transactions Origination 77

Fintech News

MAY 23, 2024

The Corporate Banking segment serves corporate clients, governments, and financial institutions with a range of services including accounts, loans, and foreign currency products. Commercial Banking offers a range of banking products and services. Personal Banking offers accounts, savings, cards, and loans to retail customers. #3

Online and Mobile Banking 130

Online and Mobile Banking Treasury Non-Bank Finance 130

PYMNTS

SEPTEMBER 30, 2019

Since 2016. Marcus, a consumer bank launched in 2016 and run by Goldman Sachs, has lost a total of $1.3 Consumers will ultimately slim down the number of subscription services to only those that offer the best mix of content — movies, sports, original programming, old favorites, etc.,” Goldman’s Marcus Has Lost $1.3B she writes.

Scams 40

Scams Encryption Origination Payments 40

Fintech News

FEBRUARY 27, 2024

bolttech Insurtech bolttech is a Singapore-based company that provides a platform to connect insurers, distributors, and customers for protection and insurance products. states with an ecosystem that connects 700 distribution partners with more than 230 insurance providers and offers in excess of 6,000 product variations.

FinTech 119

FinTech Risk Compliance Multi-Currency 119

PYMNTS

FEBRUARY 1, 2017

billion origination threshold, while also giving investors some insight into its borrowers and its plans for the future. This is a result of our total commitment to putting the customer at the heart of everything … we do: from technology-led product design to award-winning customer services.”. Zopa, the U.K.’s

Origination 43

Origination Volume Finance Consumer 43

CB Insights

MAY 9, 2018

Lending Club launched new product features to both borrowers and lenders last quarter, and is starting to see them pay early dividends. ” After tightening its credit model, loan originations dipped in the last quarter. This puts even more pressure on Lending Club to improve products that target high-quality borrowers.

Innovation 28

Innovation Origination Credit Cards AI 28

PYMNTS

MARCH 22, 2019

The latter firm had been one of the investors in the original $1 million seed round raised by Thinknum in 2014. As noted by VentureBeat , the five-year-old firm has been profitable since 2016. Thinknum , which provides web-sourced alternative data, has garnered $11.6 million.

FinTech 71

FinTech Origination Funds Transfer Acquirers 71

PYMNTS

FEBRUARY 23, 2018

Smartphone sales worldwide fell in the fourth quarter of 2017 compared to the same period in 2016, marking the first decline Gartner has seen since the firm started tracking sales in 2004. decline from 2016, Financial Times reported.

On-Demand 47

On-Demand Origination Automation Research 47

PYMNTS

JULY 24, 2019

Both were accused of using deceptive tactics to collect personal information from tens of millions of Facebook users that was used in the 2016 U.S. In addition to the administrative complaint, the agency also revealed that it filed settlements with Cambridge Analytica’s former chief executive and an app developer who worked with the company.

FTC 46

FTC Privacy Federal Trade Commission Breach 46

CB Insights

DECEMBER 19, 2017

Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then. 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.

Product 78

Product Acquirers Authorization CHIPS 78

PYMNTS

OCTOBER 8, 2018

Bloomberg cited sources that claim the company’s Marcus unit has slashed its loan originations target for next year. The news comes as a bit of surprise given that earlier this year, it was revealed that Marcus had issued $3 billion in new consumer loans since launching in October of 2016 through the first quarter of 2018. “We

Origination 40

Origination Consumer Accounts Continuity 40

PYMNTS

MARCH 1, 2018

In 2017, Best Buy’s third-quarter earnings results were particularly hurt by Apple’s two-tiered product release schedule, which saw the iPhone X phone released late to the market. It now says it will offer the high-end phone at its original price but on an installment basis. decline from 2016, according to Financial Times reports.

Origination 40

Origination Consumer Product 40

PYMNTS

NOVEMBER 14, 2017

Here are the numbers: $4 trillion | Current value of the healthcare market , making up 18 percent of the United States’ gross domestic product. 249 million | Amount of unsecured personal loans that digital lenders originated in 2010, a number which has grown 90-fold by 2016.

Economy 46

Economy B2B Payments Tools Payments 46

PYMNTS

APRIL 24, 2019

The FT , using a whistleblower as a source, said that Wirecard’s accounts in Card Systems Middle East in Dubai were not audited in 2016 and 2017. They are also expected to jointly explore new product and service offerings in digital lending.

Audit 46

Audit Procedures Origination Digital Payments 46

PYMNTS

MARCH 30, 2018

“We use 100 percent eco-friendly and kid-safe cleaning products, which are rated 4 stars and above on Amazon. Launched in 2014, Amazon Home Services originally offered services related to specific products that were sold on Amazon.com. All our services are backed by our happiness guarantee. Last year, U.S.

Origination 44

Origination Product Service Provider Consumer 44

PYMNTS

AUGUST 6, 2018

We noticed that our [SMB] customers [of our original company] always ran into the same problems: managing their customer base, creating and sending offers to leads, and the invoicing process,” he said in an interview. In 2016, the firm revealed nearly $11 million raised in a Series B round.

CRM 40

CRM Origination Small Business Participant 40

PYMNTS

FEBRUARY 2, 2017

Although DeGeneres will no doubt receive her fair share of the profits, this product launch in particular may give PetSmart an added boost. In 2016, the national retailer opened 60 new locations, with plans to double that in 2017. “A A decade ago, Fido was in the dog house in the back yard.

Origination 40

Origination Product Consumer 40

PYMNTS

APRIL 17, 2019

In an attempt to capitalize on a growing trend in retail involving the buying and selling of secondhand clothing and accessories, Neiman Marcus has acquired a minority stake in Fashionphile, an online company that sells pre-owned designer handbags and other similar products, according to a report in The Wall Street Journal.

Authentication 43

Authentication Origination Acquirers Product 43

PYMNTS

MAY 5, 2017

percent year-over-year decline from Q1 2016 to this year. As such, it should come as no surprise that IDC is predicting detachables will continue their upward trajectory and factor into major 2017 new product launches for the likes of Microsoft and Apple. In particular, IDC is seeing the decline occur in traditional slate tablets.

Origination 40

Origination Continuity Research Consumer 40

PYMNTS

APRIL 20, 2018

Expanding our corporate catering product with Zesty enables us to offer our restaurant partners another way to boost sales through higher-margin, large-format catering orders,” Gokul Rajaram, Caviar lead at Square, said in the announcement. Through Zesty, Caviar for Teams will be able to expand its product offering with additional features.

Acquirers 40

Acquirers Origination Product 40

PYMNTS

OCTOBER 18, 2016

The company was founded in 2007 and originally targeted consumers but morphed into a business-facing company in 2013. The latest round of funding will go to grow the company’s sales team and to develop products. The company said it was on pace to do around $10 million in recurring revenue by the third quarter of 2016. “We

Origination 56

Origination Facilitators Volume Participant 56

PYMNTS

OCTOBER 13, 2016

When marketplace merchants use Fulfillment by Amazon, their products become eligible for Prime shipping. According to Amazon, it wanted to “have the capacity necessary to receive and store inventory and to ship products to customers quickly.” 2016, only 2.2 10, it would have to wait until Dec. 19 to do so.

Origination 63

Origination Product Service Provider Consumer 63