PYMNTS

MARCH 27, 2019

Lyft had losses of $911 million in 2018. It will hold the record as having the most losses of a startup going public in the twelve months leading up to the IPO, reported the paper, citing S&PGlobal Market Intelligence.

Origination 40

Origination On-Demand Security Process 40

PYMNTS

AUGUST 28, 2018

As of early 2018, U.S. BB&T is expecting to see loan growth between 2 to 4 percent in 2018. Specifically, the firm will focus on dual-language offerings for mobile and web applications, as well as automating risk-management and loan-origination processes. “It 19 interview with Bloomberg Television. Bancorp said.

Small Business 40

Small Business Debit Card Underwriting On-Demand 40

PYMNTS

SEPTEMBER 3, 2018

The term “thinking outside of the box” originates from advice that puzzle management consultants famously gave to clients in the 1970s and 1980s to encourage creative thinking. AKA thinking outside of the box. Conventional wisdom, after all, is only as good as the conventions it’s based on.

Innovation 40

Innovation Economy Consumer Regulations 40

Fintech News

AUGUST 12, 2024

Fiin Credit: Founded in 2018, Fiin Credit is a digital finance and consumer credit system in Vietnam. OPES Insurance: Founded in 2018, OPES Insurance is a leading digital insurer serving the Vietnam market. ZaloPay: Established in 2018, ZaloPay is a mobile wallet and payment platform associated with the Zalo messaging app.

FinTech 111

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

Fintech News

SEPTEMBER 9, 2024

Lendela Lendela illustration, Source: Lendela Singapore Founded in 2018, Lendela operates as a loan comparison service, helping individuals find the best loan offers tailored to their specific financial needs. Originating in Sweden, Lendela quickly expanded across Scandinavia.

APACS 111

APACS FinTech Assessments Cross-Border 111

Tom Groenfeldt

JANUARY 13, 2020

Control Tower originated in 2017 and moved into production in 2018 using agile methodology to get from announcement to launch in a matter of months.

Origination 57

Origination Accounts Consumer Product 57

The Fintech Times

SEPTEMBER 18, 2024

Originally created in 2018 by the global messaging platform Telegram, the TON network — then known as Gram — was poised for success. This growth is largely due to ongoing development based on the original whitepaper from Telegram, aiming to provide a wide range of services. million over the past year.

Cryptocurrency 64

Cryptocurrency Blockchain Volume On-Demand 64

Wharton Fintech

AUGUST 15, 2024

Since joining Coinbase in 2018, Shan has played a crucial role in expanding Coinbase Ventures’ portfolio to over 450 companies, including notable names like Uniswap , Zora , and Consensys. Shan’s journey from neuroscience to the crypto industry is as unconventional as it is inspiring.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Consulting 52

Finovate

AUGUST 12, 2024

Ivankovich went on to become the founder of iLendx, which he sold to Fiserv in 2018. ” Founded in 1983, Baker Hill offers banks and credit unions a SaaS solution for commercial, small business, and consumer loan origination, as well as risk management tools.

Credit Union 59

Credit Union Small Business Innovation Risk Management 59

PYMNTS

NOVEMBER 20, 2018

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. This reverses the previous year’s trend, between 2016 and 2017, when sub-prime loan originations across categories fell by 7.1

Underwriting 75

Underwriting Origination Credit Cards Credit Limit 75

PYMNTS

OCTOBER 16, 2020

million fine for lacking the proper security measures that might have prevented a hacker in 2018 from exposing the financial details of more than 400,000 customers, the U.K.'s The agency was originally poised to hit the country’s largest airline with a $236.5 British Airways (BA) must pay a $25.8 Although $25.8 s biggest data breaches.

Data Breach 83

Data Breach Breach Security Origination 83

PYMNTS

FEBRUARY 20, 2019

LendingClub reported that loan originations were up double digits in the fourth quarter of 2018 , marked by growth in personal loans and auto loans in what the company termed as dynamic and competitive markets, and amid rising interest rates. The top line of $181.5 million was slightly below the Street at about $182 million.

Origination 57

Origination Federal Trade Commission FTC Adjustments 57

Fintech News

JULY 17, 2024

These services blend the cryptocurrencies of many users together, making it difficult to trace the origin of funds. This pattern of consolidation could indicate attempts to obscure the origin of funds before moving them to exchanges or other cash-out points. Usage of mixers peaked in 2022, with over US$1.5 billion in 2024.

Money Laundering 106

Money Laundering Law Enforcement AML Non-Bank 106

The Fintech Times

JULY 8, 2024

The banking industry has invested around $1.5billion into consumer data rights since 2018, with significant government support on top of this. Before smaller banks commit more resources, we ask for a clear roadmap to ensure the CDR delivers on its original intent to improve competition.

Governance 59

Governance Government Compliance Scams 59

FICO

MARCH 17, 2021

movement of money) using trade transactions to legitimize their illicit origins. TBML involves the exploitation of the international trade system for the purpose of transferring value and obscuring the true origins of illicit wealth.

Money Laundering 98

Money Laundering Crime Financial Crimes Industry Trends 98

PYMNTS

APRIL 2, 2019

Mortgage origination is part of the company’s efforts to expand further in the real estate market to create better experiences for consumers who are searching for and buying homes. In 2018, Zillow acquired Mortgage Lenders of America , and renamed the new venture “Home Loans.”.

Origination 55

Origination On-Demand Acquirers Finance 55

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Highlights from the fintech 250 Class of 2018. valuation from December 2018.

FinTech 80

FinTech Debit Card Payment APIs and Integration Push-to-Card 80

The Fintech Times

MAY 4, 2024

Bitcoin was in its relative nascency when Stripe originally looked to get involved in cryptocurrency. As a result, in early 2018, Stripe announced it was no longer going to support crypto payments. In 2024, it is giving it another shot. However, a strong Q4 resulted in the crypto’s value flying, hitting highs of $19,000.

Stablecoins 72

Stablecoins Cryptocurrency Bitcoin Regulations 72

FICO

AUGUST 7, 2019

billion in principal balance as of the end of 2018 — an increase for the seventh consecutive year. Non-prime portfolio balances increased an impressive 7.07% YoY in 2018 and stand at $1.143 trillion. Originations Accelerated. Lenders saw fewer losses in 2018. YoY in 2018. YoY in 2018. YoY in 2018.

Finance 60

Finance Non-Bank Returns Best Practices 60

PYMNTS

AUGUST 7, 2019

LendingClub attributes it improved earnings position to improved customer acquisition processes, better origination services and increasing cost efficiency within the organization. Since I took over as CEO three years ago, we have increased originations by 60% while tripling contribution dollars. million in 2018 to $190.8

Origination 51

Origination Adjustments On-Demand Volume 51

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Risk in Bankcard Originations on the Rise. This shift has been most notable for the bankcard originations population. 2018 SCE Credit Access Survey.

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

PYMNTS

NOVEMBER 7, 2019

35 percent: Share of travel and hospitality services firms that would have been PSD2-compliant by the original September 2018 deadline. 20 percent: Portion of EU countries that have had fines administered since the May 2018 debut. 76 percent: Share of EU end consumers who are unaware of PSD2.

Authentication 40

Authentication Privacy Payments Verification 40

FICO

JUNE 28, 2018

Shanghai Pudong Development Bank Issued More Than 9 Million New Credit Cards Last Year Using FICO Originations. Shanghai Pudong Development Bank (SPDB) Credit Card Center, a credit card lending pioneer in China, has increased its customer base using originations powered by technology from analytics software firm FICO.

Credit Cards 51

Credit Cards Origination Risk Assessment AI 51

PYMNTS

DECEMBER 20, 2018

The online small business lending company cited data from the Equipment Leasing & Finance Association’s 2018 Survey of Equipment Finance Activity, that calculated an estimated $35 billion in new small-value (under $250,000) equipment loan and lease financing originated in the U.S.

Finance 52

Finance Small Business Origination Underwriting 52

Finovate

MAY 6, 2024

The company originally launched Robinhood Crypto, its crypto trading arm, in early 2018. ” Robinhood has made it clear that it is making efforts to comply with the SEC to resolve the issue. Robinhood Crypto currently allows customers in 48 states and Washington D.C.

Security 52

Security Legal Compliance Origination 52

PYMNTS

JUNE 18, 2020

The Transfer Protect service offered by Western Union and French insurer AXA includes numerous features aimed at benefitting immigrant workers who send remittances to family members and friends in their origin countries. Life insurance and disability policies would provide funds should the expatriate workers die or lose the ability to work.

Wires 84

Wires Wire Origination Volume 84

PYMNTS

JUNE 30, 2020

Despite dropping the price of its Focals to $600 last year from the original $1,000, North had reportedly sold very few pairs, The Globe and Mail reported. A source told them it was unlikely that the company sold more than 1,000 pairs since its launch in late 2018. . “We are looking forward to remaining in the region with Google.”.

Origination 82

Origination Continuity Technology 82

PYMNTS

JANUARY 22, 2021

Loon was originally part of Alphabet’s X division. In 2018, after years of conducting tests with high-altitude helium balloons, it was spun off to become its own subsidiary. The company aimed to bring internet access to remote communities and low-income areas unable to afford the technology.

Origination 72

Origination Facilitators AI Posting 72

PYMNTS

DECEMBER 17, 2020

This marks the second time GM's venture capital arm has invested in Yoshi since 2018, and the round will go toward helping Yoshi hire more employees and expand as the pandemic ends, according to Yoshi Co-Founder and CEO Bryan Frist , according to CNBC. COVID has been interesting for us," he said, CNBC reported. "We markets, CNBC reported.

On-Demand 72

On-Demand Credit Cards Origination Acquirers 72

PYMNTS

JANUARY 6, 2020

25, the company, a leader in money transfer services, reported a transaction growth of more than 70 percent from the same time in 2018, with 80 percent of those transactions done via mobile device, according to reports. Since launching its redesigned app in 2018, MoneyGram has seen over 1.6 Between Dec. Outside the U.S.,

Transactions 52

Transactions Cross-Border Debit Card Origination 52

FICO

MAY 10, 2018

With a new consumer loan origination system powered by FICO ® Origination Manager , Alliant has processed 56,000+ loan applications and loaned more than $390 million to members with faster processing. It then added home equity products in October 2017 and RV loans in February 2018.

Credit Union 61

Credit Union Origination Credit Cards Process 61

PYMNTS

MAY 7, 2020

However, the erroneous payments to dead people may have come about because the IRS largely sent out payments based on people’s tax returns for 2018 and 2019. Although some officials originally said families of the dead recipients could keep the payouts, the U.S. The number of such checks that were sent is unclear at this point.

IRS 64

IRS Checks Direct Deposit Returns 64

PYMNTS

APRIL 7, 2020

The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by JPMorgan found that business email compromise (BEC) was the most noted origin of tried or actual fraud incidents in 2019, according to an announcement. ACH payment methods also seem to be of greater interest to scammers.

Business Email Compromise 61

Business Email Compromise Email Compromise AFP Compromise 61

PYMNTS

APRIL 30, 2020

The kit includes two seasoned, breaded, and pressure-cooked Original Chick-fil-A Chicken filets, along with marinara sauce, Italian-style cheeses, and creamy garlic and lemon pasta. People can substitute breaded chicken for grilled or spicy filets. .

Participant 59

Participant Origination 59

PYMNTS

JANUARY 15, 2021

Postmates started trialing sidewalk delivery bots in 2017 and launched Serve in December 2018, with a commercial rollout planned in Los Angeles. Uber had originally tried to acquire delivery platform Grubhub, but the deal sputtered over antitrust concerns. . It’s now commercially operating in both Los Angeles and San Francisco.

Bots 67

Bots Acquirers Legal Agreements 67

PYMNTS

DECEMBER 8, 2019

Founded in 2018, B-North is looking to obtain its banking license in the first quarter of 2020. In September, the company announced that it was working with Banking-as-a-Service firm Mambu and cloud-based loan and deposit origination platform provider nCino to power its small business lending and banking operations.

Small Business 52

Small Business Origination Facilitators Process 52

PYMNTS

DECEMBER 12, 2019

The original target was $504 million. The company is expecting to sell 26 million shares for $9 to $10 each , instead of the originally planned 36 million for $12 to $14, according to the filing. This was in comparison to an $82 million net loss on revenue of $128 million for the same period in 2018, according to reports.

Origination 52

Origination Research FinTech Risk 52