PYMNTS

DECEMBER 10, 2018

Creating a product that pulled funds from depository accounts at other issuers and was accepted at any Mastercard-accepting merchant gave Cap One something new to offer consumers – and a new business model around which to build rewards to get consumers on board. 2018: Same Song, Different Verse. There’s only one problem.

ACH 73

ACH Credential Push-to-Card Breach 73

PYMNTS

JANUARY 28, 2019

Though Capital One had lots of positive forward-looking statements to make after releasing its Q4 earnings information last week, its stock sank as what investors and analysts most noted was that the bank missed on both earnings and revenue. EPS came in at $1.87, not including non-recurring gains, well below analyst expectations of $2.41.

Money Laundering 51

Money Laundering Visa Credit Cards Regulations 51

PYMNTS

SEPTEMBER 17, 2019

By definition, a pawnbroker offers loans on items that are not accepted as collateral by traditional banks or lenders. That makes them a cheaper option than a payday loan in most cases — as those average an APR that is roughly double a pawn loan — but far, far more expensive that any mainstream product issued by a bank.

Laws 60

Laws Push-to-Card Regulations Non-Bank 60

PYMNTS

JANUARY 22, 2019

After that point, the users get cash back whenever they shop at that brand — funds that can be sent to a user’s bank account, PayPal account or to the charity of their choice. . Non-prime members carrying the Amazon Rewards Visa’s also grabbed a Whole Foods perk, with 3 percent cash back. . The Good Old-Fashioned Value Of Choice.

Credit Cards 60

Credit Cards Push-to-Card Cryptocurrency Non-Bank 60

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. said U.S. “As Attorney Alex Tse. “We The Response.

P2P 54

P2P Origination Underwriting Returns 54

CB Insights

MARCH 27, 2018

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. Companies are arranged in descending order of market cap (as of 03/16/18). . “This market cap is not justified,” he said on CNBC’s Fast Money three days after the announcement. First Name. Longfin corp.

Blockchain 48

Blockchain Cryptocurrency Bitcoin Accreditation 48

CB Insights

OCTOBER 29, 2018

But money was just the problem: due diligence oversights on Caterpillar’s part and alleged “deliberate, multi-year, coordinated accounting misconduct” at Siwei were uncovered months after the deal closed and Caterpillar took a $580M non-cash goodwill impairment write-down in 2012. Bank of America and Countrywide.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. Payments: Mobile is replacing cash.

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

PYMNTS

JULY 30, 2020

Forty percent of respondents told the Federal Reserve in 2018 that they would either be completely unable to afford a surprise $400 expense or would have to sell something to do so. Consumers receiving checks in the mail must also take the check to a cashing service or deposit it into a bank account and wait for the money to clear.

Treasury 57

Treasury Debit Card Direct Deposit Checks 57

PYMNTS

APRIL 15, 2019

Lyft’s market cap was a bit lighter by the end of the day Friday, too: $17 billion versus the $23 billion it enjoyed, albeit briefly, on its first day as a public company. Uber’s integrations with healthcare providers and their billing platforms gets those patients reliably into doctors’ offices, reducing wait times and non-adherence.

On-Demand 73

On-Demand Online and Mobile Banking Consumer Caps 73

CB Insights

FEBRUARY 28, 2019

In his 2018 letter, Buffett wrote, “Managements sometimes assert that their company’s stock-based compensation shouldn’t be counted as an expense. By piling cash into distressed American companies like General Electric, Goldman Sachs, and Bank of America during the 2008 financial crisis, Buffett reportedly made $10B by 2013.

Returns 78

Returns Acquirers Risk Product 78

Finovate

APRIL 24, 2024

Here’s an overview of the new-to-Finovate demo companies currently on the roster: APIMatic APIMatic helps banks and fintechs generate ROI from their API investments via automation and AI solutions. Bloom Credit Bloom Credit helps banks and credit unions offer a deposit retention and credit building tool to their client base.

Payment APIs and Integration 59

Payment APIs and Integration Credit Union AI Advisors 59

PYMNTS

JANUARY 7, 2019

We have seen the power of those icons on those devices over the last decade: 52 percent of all internet traffic in 2018 came via a mobile device. In 2018, it was estimated that roughly 45 percent of all digital purchases, and 40 percent of all commerce, was done via the mobile device.

Online and Mobile Banking 82

Online and Mobile Banking Innovation Mobile Payments Consumer 82

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. Sellers began vigorously competing on price and merchandising. Amazon and Whole Foods, though, are just getting started.

Rules 51

Rules Online and Mobile Banking Consumer Product 51

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. Sellers began vigorously competing on price and merchandising. Amazon and Whole Foods, though, are just getting started.

Rules 44

Rules Online and Mobile Banking Consumer Product 44