Finovate

SEPTEMBER 17, 2024

MoneyLion will integrate TransUnion’s data and credit solutions into its hosted enterprise credit-decisioning platform and direct-to-consumer finance tools. Mobile banking platform MoneyLion will be adding personalized touches to its consumer-focused products and services thanks to a partnership with TransUnion.

Embedded Finance 64

Embedded Finance Non-Bank Finance Risk 64

FICO

JUNE 17, 2019

In this series, I discussed how digital transformation is reshaping the origination processes and improving the customer experience. Doing so can lead to more flexible offers for consumers and increased sales for dealers, without compromising risk or compliance standards. Previous blogs: Reinventing Originations in the Digital Era.

Origination 40

Origination Risk Automation Underwriting 40

FICO

NOVEMBER 24, 2021

We polled opinion among 14,000 consumers across the globe, to gauge their attitudes and preferences towards online account opening. We're already enabling our clients to better serve their customers and make faster, smarter, and more profitable originations decisions. Any more and over half (+50%) simply abandon the process.

Accounts 52

Accounts Consumer Origination Credit Cards 52

Finovate

AUGUST 27, 2024

The bank will leverage Zeta’s Digital Credit as a Service technology, which enables banks to manage a credit product from origination through processing without requiring multiple integrations. DCaaS also provides specific product blueprints to streamline the development of different types of credit lines on UPI products.

Origination 59

Origination APACS Underwriting Product 59

PYMNTS

AUGUST 8, 2018

After OnDeck announced that it had notched better-than-expected earnings and loan volume, LendingClub followed suit with with a report that saw the firm beating Wall Street’s estimates for earnings and new originations. That growth came despite widening net losses and an environment where interest rates are beginning to climb. “We

Origination 40

Origination Underwriting Push-to-Card Credit Cards 40

FICO

AUGUST 29, 2022

FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. consumer reporting agencies (CRAs). Average U.S. by Ethan Dornhelm. expand_less Back To Top.

Consumer 98

Consumer Credit Cards Payments Governance 98

PYMNTS

OCTOBER 16, 2020

What is consumer experience? In the era of the great digital shift, everything is consumer experience, including vital (but invisible) functions like authentication. That new face map [can] then [be] compared to the original one and their account is unlocked in seconds. And simplicity is a good way to romance consumers nowadays.

Verification 75

Verification Consumer Authentication Security 75

PYMNTS

FEBRUARY 12, 2018

They wanted to look nice, but with hundreds and thousands of new products launching on the market annually, only the most interested and invested consumers would ever encounter most of them. Customers like experimenting with personal care products, but they don’t like to waste money. We saw a big opportunity for online beauty.

Origination 40

Origination Product Consumer Innovation 40

PYMNTS

JULY 15, 2020

The product and marketing plan were locked early in the year. The original business model for Onda was to launch at retail. So early this spring when we really understood the impact coronavirus was going to have, we shifted a ton of our investment and the efforts and energy of our team to standing up a direct-to-consumer model.”.

Product 81

Product Wires Wire Origination 81

PYMNTS

OCTOBER 10, 2019

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was an unsecured personal loan that consolidated the debt into a lower interest option with fixed monthly payments. Today (Oct. Today (Oct. percent APR to 29.99

Credit Cards 61

Credit Cards Product Push-to-Card Consumer 61

Finovate

SEPTEMBER 3, 2024

Experian will leverage Paylink’s ReFi solution, which will validate and repay consumers’ outstanding debts by consolidating them into a new loan with better terms. ReFi will allow consumers to conduct a financial reset, while offering lenders the assurance that the new loan is affordable.

Financial Inclusion 59

Financial Inclusion Underwriting Settlement Consumer 59

Nanonets

JUNE 27, 2023

Traditional paper-based documents can be cumbersome to handle, store, and retrieve for businesses daily, leading to inefficiencies and productivity bottlenecks. By leveraging the power of document digitization, businesses can unlock many benefits and significantly improve their overall productivity.

Product 52

Product Disaster Recovery Automation Compliance 52

PYMNTS

SEPTEMBER 11, 2018

11) that it has filed trademark claims against 30 entities in China for selling counterfeit JUUL products on eBay. JUUL said the filing represents the company’s commitment to keeping fake JUUL products off the market and to protect the consumer and fight underage usage. JUUL Labs, an e-cig maker, announced Tuesday (Sept.

Product 43

Product Verification SWIFT PayPal 43

PYMNTS

MARCH 10, 2017

According to a report in TechCrunch , LendingHome launched a new financing product that lets people shopping for a home get an interest rate estimate and apply over the internet, without having to fill out paperwork or deal with a loan officer who will typically ask a lot of questions and put would-be borrowers through all the paces.

Product 72

Product Origination Acquirers Finance 72

PYMNTS

MARCH 30, 2019

As PYMNTS has previously reported, the original celebrity-endorsed products date back as the far as the 1760s, when the British royal family was tapped to endorse fine china. According to psychologist Peter Noel Murray, the reasons consumers look to celebrity brands are both very simple and really complicated.

Product 54

Product Participant Consumer Authentication 54

Finovate

AUGUST 12, 2024

Ivankovich founded iLendx and oversaw Fiserv’s lending and deposit software products and services division. Air Force, he spent his early career managing a $14 billion lending portfolio as a product executive with USAA. “Baker Hill is consistently recognized as a leading fintech company with world-class products. .

Credit Union 59

Credit Union Small Business Innovation Risk Management 59

PYMNTS

DECEMBER 16, 2016

The Consumer Financial Protection Bureau (CFPB) announced Thursday (Dec. 15) the launch of Consumer Credit Trends, a web-based tool to help consumers monitor developments in consumer lending and to ascertain potential future risks. The tool also charts how specific groups of consumers are faring in financial markets.

CFPB 64

CFPB Credit Cards Consumer Financial Protection Bureau (CFPB) Risk Management 64

The Fintech Times

SEPTEMBER 3, 2024

Experian , the multinational data analytics and consumer credit reporting company, is partnering with Paylink , an affordability software and payments provider, to address affordability restrictions with debt consolidation loans.

Credit Cards 69

Credit Cards Financial Inclusion Underwriting Addressing 69

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

PYMNTS

DECEMBER 16, 2020

SaaS firms have experienced a wave of investment as more companies use their services to help employees work remotely and digitally, and they have extended their staying power as businesses choose subscription payment models over larger, upfront amounts for big-ticket software or products. . Challenges Still To Solve .

Consumer 74

Consumer On-Demand Origination Privacy 74

PYMNTS

MARCH 8, 2019

That holds especially true as more consumers think about the trade-off of free online services, such as email and the data they give to banks and other businesses. Any company seen as recklessly harvesting, storing, manipulating or selling their consumer data — to saying nothing of suffering a data breach — is promised bad PR.

Consumer 68

Consumer Risk Compliance Regulations 68

FICO

OCTOBER 10, 2022

FICO Fact: Can having no credit score be better for consumers than a low credit score? A low FICO score for a consumer can have the perverse effect of preventing them from having access to a second chance through manual underwriting. We agree with consumer advocates that this is a legitimate concern. JessicaButalla@fico.com.

Consumer 52

Consumer Underwriting Credit Risk Risk Assessment 52

PYMNTS

JUNE 23, 2020

The Big Style Sale was created as something of an event filler and something of a way to juice consumer spending. First and foremost, consumer[s] are facing an economic downtown and won’t be in the mood for a lavish buying spree in July (when the usual Amazon Prime Day date happens).

Consumer 64

Consumer On-Demand Origination Returns 64

PYMNTS

JANUARY 6, 2020

Instead, he decided to mimic the whiskey subscription service in the coffee space, providing an excellent user experience that would help consumers develop a sharper sense of taste and refine their coffee preferences. Borack said roasters love working with his service because it’s a great way to get consumers to try their coffee.

Consumer 52

Consumer Origination On-Demand Legal 52

PYMNTS

SEPTEMBER 29, 2020

Amazon One Lets Consumers Pay With Their Hand. PayMongo plans to use the funding to introduce new features and products, and to keep building its product, design and engineering teams. consumers will do. Fed Consumer Finance Survey Reveals Online Banking Usage, (Slightly) Higher Debt Burdens.

Consumer 59

Consumer Fed Automation Payments 59

Finovate

AUGUST 6, 2024

This will enable Blend customers to drive digital engagement beyond the initial application capture, lowering abandonment rates and helping consumers complete applications faster. “Today consumers expect a frictionless, real-time product experience, and that starts at account opening,” Astra CEO and Co-Founder Gil Akos said.

Instant Payments 59

Instant Payments Deposit Account Payment APIs and Integration Credit Union 59

The Fintech Times

AUGUST 7, 2024

Vlad Lounegov , CEO of Mbanq Vlad Lounegov , CEO of Mbanq, said: “Mbanq’s new white-label apps allow banks and credit unions to provide end consumers with a modern financial experience without a lengthy or expensive development process.

Process 59

Process Credit Union Cross-Border Payments Cross-Border 59

PYMNTS

FEBRUARY 16, 2018

To research a product, potential customers may turn to Google. But finding product information can be a bit of a cumbersome process. Consumers may have to scroll through many social media channels or product reviews to make an informed decision, after all. Changing Customer Behavior.

Consumer 40

Consumer Origination Product Database 40

The Fintech Times

FEBRUARY 16, 2024

Many consumers across the UK are falling to scams originating from Meta platforms: Facebook , Instagram and WhatsApp. According to Revolut , the UK neobank, 33 per cent of money lost to scams in total originated on these platforms. To better protect its consumers, the neobank has launched an advanced scam detection feature.

Scams 72

Scams Push-to-Card Financial Crimes Origination 72

Fintech Finance

AUGUST 5, 2024

Vlad Lounegov, CEO of Mbanq, says, “Mbanq’s new white-label apps allow banks and credit unions to provide end consumers with a modern financial experience without a lengthy or expensive development process. Mbanq provides its clients with all the tools necessary to deliver the best digital financial experiences.”

Credit Union 52

Credit Union Cross-Border Payments End User Cross-Border 52

PYMNTS

DECEMBER 3, 2019

To better understand those trends, PYMNTS recently caught up with Christian Ali , senior vice president of product at Entersekt. “We The drive toward frictionless but secure consumer experiences in other parts of the economy is also leading consumers to expect more from their financial institutions. It found that 70.2

Consumer 55

Consumer Authentication Credit Union Mobile Banking 55

The Fintech Times

APRIL 14, 2024

The retention portal works on all digital devices and enables customers to review their options and conveniently choose the most suitable product for their needs. It also offers customers the ability to self-select a convenient date to switch products and pay any outstanding fees when applicable.

Data Encryption 64

Data Encryption Encryption Audit Product 64

CB Insights

OCTOBER 31, 2019

While many challenger fintechs entered the space with mono-line offerings, product expansion — or rebundling — has been a key theme over the last few quarters with customer acquisition and retention primary goals. The post Building The Consumer Bank Of The Future appeared first on CB Insights Research. Want the full post?

Consumer 31

Consumer Origination Research FinTech 31

Fintech News

JUNE 18, 2024

These professionals are acknowledged not only for managing large advertising budgets or market shares, but also for engaging and inspiring consumer communities through meaningful work and impactful actions. The 2024 Asia-Pacific Power List features 50 marketers in APAC which have demonstrated resilience, empathy, and a clear sense of purpose.

APACS 100

APACS Visa Credit Cards SARS 100

Open Banking Excellence

JANUARY 9, 2024

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. This is leading to a golden age of choice for businesses, who now have access to the cost savings and customer-centric capabilities that a new wave of Open Banking-powered payment products can deliver.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

FICO

APRIL 28, 2022

BNPL loans are cited as a potential driver of greater financial inclusion, both in terms of consumer access to the BNPL loan themselves, as well as access to credit products that could enable unbanked and underbanked consumers to establish (or re-establish) their credit histories with one or more of the Consumer Reporting Agencies (CRAs). .

BNPL 98

BNPL Credit Cards Accounts Origination 98

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. Way beyond. See the startups disrupting death. Crypt Holdings. Type: Media. Sanctuary Ventures.

Consumer 53

Consumer Origination Consulting Participant 53