Fintech News

SEPTEMBER 22, 2024

Overall, the research reveals that digital fraud attacks across all sectors increased by 19% YoY in 2023, with the most significant rise seen in North America, up 43% YoY, and the e-commerce sector, which rose 59% YoY. Their scams usually are efforts to con unwitting victims around the world out of their financial savings.

Accounts 132

Accounts Scams Bots Account Takeovers 132

FICO

APRIL 28, 2022

According to the research from Cornerstone Advisors , these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, and more. Our Initial Insights from the First FICO-Conducted BNPL Research Study.

BNPL 98

BNPL Credit Cards Accounts Origination 98

The Fintech Times

JUNE 19, 2024

ING originally launched the functionality in July 2022 as a trial, in which 500,000 customers tested the feature. The post Cogo Enables ING Customers to View CO2 Emissions of Spending in Mobile Banking App appeared first on The Fintech Times. “That is why partnerships, such as this one with ING, are so important.

Mobile Banking 110

Mobile Banking Addressing Origination Research 110

Fintech Finance

AUGUST 28, 2024

Digital payment preferences are surging, according to the 2024 ACI Speedpay Pulse Report, published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. Billers can replace debt collectors with virtual agents to create a secure, non-intrusive, and efficient debt collection platform.

Identity Theft 88

Identity Theft Online and Mobile Banking Consumer Payments Trends 88

CB Insights

JANUARY 26, 2023

Vesta ($30M Series A): Vesta provides a platform for mortgage origination and underwriting that is designed to streamline processes, reduce risk, and help lenders improve their book of business. The post Analyzing a16z’s fintech investment strategy: Where did the VC place its biggest bets in 2022?

FinTech 101

FinTech Blockchain Underwriting Credit Cards 101

Electronic Payments Coalition

FEBRUARY 6, 2024

Additional research shows that expanding the Durbin amendment to credit cards would deliver the same disappointment for consumers as the original. The post The Data is Clear: The Durbin-Marshall Credit Card Bill Will Harm Consumers appeared first on Electronic Payments Coalition.

Credit Cards 59

Credit Cards Consumer Debit Card Caps 59

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Here are extracts from those customer development posts.

Posting 52

Posting Online and Mobile Banking Credit Limit Risk 52

FICO

FEBRUARY 27, 2023

You can read more about our judges in this blog post. You can read more about our judges in this blog post. See all Posts chevron_left Blog Home expand_less Back To Top Related posts Meet The 2022 FICO Decisions Awards Winners! Meet Our 2023 FICO Decisions Awards Judges Winners of 2021 FICO Decisions Awards Announced

Financial Inclusion 98

Financial Inclusion AI Credit Cards Research 98

Fintech News

JUNE 18, 2024

Gen AI are AI systems designed to autonomously generate new, original content. In November, OCBC Bank followed suit, launching a gen AI chatbot for its 30,000 employees globally to assist them with writing, research and ideation.

AI 99

AI Use Case Risk Deepfake 99

PYMNTS

OCTOBER 14, 2020

Other ways of introducing potential new users to the service include content “sampling” availability — such as (free) educational content posted on YouTube and through free episodes of some series and original content offered through the site. subscriptions in July — up from 2.6 in February.”

On-Demand 94

On-Demand Origination Consumer Research 94

Fintech Finance

OCTOBER 21, 2024

billion of additional global GDP growth and create more than 167 million new bank account holders by 2028, according to a new report published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, in collaboration with The Centre for Economics and Business Research (Cebr). billion – a 74.2%

Real Time Payments 82

Real Time Payments Financial Inclusion Instant Payments Accounts 82

Nanonets

SEPTEMBER 20, 2024

From financial reports and research papers, to resumes and invoices, these documents can contain complex tables with a wealth of structured data that needs to be quickly and accurately extracted. Scientific Research : Researchers use table extraction to collate experimental results from multiple published papers. 

Rules 135

Rules AI Process Origination 135

The Fintech Times

MARCH 15, 2024

Binance Academy , a free educational platform helping people learn about cryptocurrency, is partnering with the Blockchain Center , a global research lab, and ENSET-Université Hassan II de Casablanca to extend its Global University Outreach Program (GUOP) to Morocco.

Blockchain 64

Blockchain Compliance Origination Cryptocurrency 64

Fintech News

JUNE 3, 2024

However, enhanced regulatory measures, technological advancements and increased public-private and international collaboration are introducing promising opportunities to address these challenges more effectively, a new report by Forrester Research says. About one-fifth of the firms polled said their costs rose by more than 20%.

Money Laundering 99

Money Laundering Financial Crimes Crime APACS 99

PYMNTS

OCTOBER 22, 2020

Secondly, its pipeline of original shows were mostly in post-production when COVID-19 shut down the entertainment industry. Same for other popular series, which are all slowly returning to the networks and studios from whence they originated. Not that anyone is counting Netflix out.

Economy 70

Economy Origination On-Demand Returns 70

The Fintech Times

DECEMBER 6, 2024

Of 2,000 UK adults examined by Tunic Pay , the anti-fraud fintech firm, and Opinium , the market research consultancy, only one in five (21 per cent) said social media platforms were doing enough to tackle payment scams. One of the key points of the research was surrounding who is to blame when users fall victim.

Scams 64

Scams Checks Research Consulting 64

Finovate

JANUARY 16, 2024

Research commissioned by the company revealed inefficient processes, incorrect invoicing, and slow onboarding as three key pain points for international business buyers. This research also indicated that trade credit was a leading payment option among these same buyers.

Visa 59

Visa Payment APIs and Integration Gateways B2B 59

The Fintech Times

MAY 19, 2024

Over three million people across the UK may have been forced to borrow from illegal lenders in the last 12 months, according to new research from responsible lender Creditspring. In fact, 15 per cent of people said that the interest originally agreed upon increased over time – while 14 per cent were threatened with physical violence.

Research 59

Research Origination Regulations Risk 59

Fi911

JULY 19, 2024

Original Credit Transaction Not Accepted 13.9: While the reason codes are effective in identifying processing errors, merchant fraud, and other “valid” reasons for disputes, research indicates that an increasing number of chargebacks are being made for reasons unrelated to the reason code provided. Canceled Recurring Transaction 13.3:

Disputes 88

Disputes Duplicate Non-Bank Authorization 88

PYMNTS

OCTOBER 5, 2020

The new look is less clinical and is aimed at fixing “the pain points that we were trying to solve when we went into the rebrand: the original packaging and the original face of Objective being heavily science,” Kimberly Vandrilla , the head of DTC brand and creative at The Clorox Company, told Glossy. “At found that 54.6

Origination 73

Origination Consumer Product Consulting 73

PYMNTS

OCTOBER 21, 2020

21), AutoNation posted third-quarter earnings of $2.05, up 86 percent year over year and leagues better than the $1.72 As much as 45 percent of the business is originated through digital channels, and then there is a crossover. As reported Wednesday (Oct. that had been expected. Revenues were down 1 percent year on year to $5.4

Economy 89

Economy Online and Mobile Banking On-Demand Consumer 89

The Fintech Times

APRIL 11, 2024

The report, using original research from ClearSale, will equip retailers with crucial insights to navigate the delicate balance between customer satisfaction and fraud prevention. The post False Declines Are Harming Retailers’ Reputation on Social Media as All Ages Voice Complaints Online appeared first on The Fintech Times.

Federal Trade Commission 59

Federal Trade Commission Fraud Prevention Returns Origination 59

Fintech Review

OCTOBER 16, 2024

This loss is termed ‘impermanent’ because it might recover if the token prices return to their original state, but there is no guarantee this will happen. It is essential to conduct thorough research into the platform’s tokenomics, demand for its services, and overall market trends.

Assessments 98

Assessments Risk Returns Audit 98

PYMNTS

SEPTEMBER 22, 2020

But the tech upgrades might soon be taking a radically different turn, according to “ How to Build a Better Robot for Quick-Service Restaurants ,” a new study published in the Journal of Hospitality & Tourism Research by Ball University Professor Dina Marie Zemke. localities. Of course, restaurant robots aren’t cheap, either.

Adjustments 87

Adjustments Research Technology Origination 87

Finovate

JULY 15, 2024

How is AI changing the nature of SMB loan origination? You pair that with two years of machine learning and AI research at Stanford and you get a pretty unique combination of skills to go back into the banking sector and automate a lot of the manual repetitive tasks that people used to do on top of our software. Episode 220.

AI 64

AI Credit Union Non-Bank Origination 64

FICO

AUGUST 29, 2022

As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem ranging from originations, underwriting and account management to collections and asset-backed securitization. in management science/operations research from UC San Diego. See all Posts.

Consumer 98

Consumer Credit Cards Payments Governance 98

Finovate

NOVEMBER 19, 2024

The California-based company has offered paper-based and recycled products since 2017, and made a pledge in 2022 to convert most of its own original card products to digital or paper. Photo by DS stories The post Blackhawk Network Teams with Mastercard to Add Paper Prepaid Products appeared first on Finovate.

Visa 52

Visa Product Issuers Card Issuer 52

Fintech News

JANUARY 18, 2024

Utilising ChatGPT’s Large Language Models, this chatbot will assist staff in writing, research, and creative thinking. The OCBC GPT, developed in partnership with Microsoft’s Azure OpenAI (developers of the original ChatGPT ), operates within a secure, controlled setting.

AI 90

AI Financial Crimes Crime SWIFT 90

The Fintech Times

APRIL 3, 2024

According to recent the latest Juniper Research report , the global embedded finance market currently boasts a total transaction value of around $92billion. ” The post What Should We Expect to See From Embedded Finance in 2024? appeared first on The Fintech Times.

Embedded Finance 126

Embedded Finance Finance Non-Bank Embedded Payments 126

Fintech News

JANUARY 4, 2024

communities at annual events such as Consensus, the world’s largest and longest-running crypto festival; and CoinDesk Indices, which offers expertise in digital asset indices, data and research to educate and empower investors. Founded in 2018, The Block is a media outlet that delivers news, research, and data.

FinTech 76

FinTech Acquirers Web 3.0 Volume 76

PYMNTS

APRIL 22, 2020

Its pre-crisis business model consisted of car dealerships and holding lots called hubs, where consumers could check out cars that they’ve already researched. Even if someone doesn’t buy a car online, they are researching that purchase online,” said Russell. Shift has adapted its model to deal with the COVID-19 pandemic.

CRM 78

CRM Research Consumer Origination 78

Fintech News

AUGUST 12, 2024

Featured image credit: edited from freepik The post Unveiling Vietnam’s Most Reputable Fintech Companies appeared first on Fintech Singapore. These platforms are followed by ViettelPay (27%), ShopeePay (26%), and VNPay (17%).

FinTech 92

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 92

FICO

APRIL 12, 2023

Even as we continue to innovate by developing new models and identifying new sources of predictive credit data, the bones of the original credit scoring models developed decades ago remain strong. in management science/operations research from UC San Diego. That’s because FICO® Scores are built to last. Ethan has a B.S.

Credit Risk 52

Credit Risk Risk Assessment Assessments B2C 52

PYMNTS

FEBRUARY 19, 2020

The emergence of a novel threat — particularly one like the COVID-19 coronavirus that originated in Wuhan, China — has a way of bringing out some of the best and most inventive traits in people. I don’t know who has it. … I worry for myself, my family and my passengers.”.

Bitcoin 93

Bitcoin Push-to-Card ATM Origination 93

The Fintech Times

JUNE 22, 2024

According to Juniper Research , BNPL users are expected to reach 900 million worldwide by 2027. Originally, it seemed that Apple Pay Later would act as a rival to other BNPL solutions. The post Apple Takes a Step Back From Traditional Finances as It Announces Closure of Apple Pay Later appeared first on The Fintech Times.

BNPL 72

BNPL Finance Alternative Payment Methods Payment Gateways 72

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. However, adoption is also strong in India, Brazil and the US.

Cryptocurrency 64

Cryptocurrency Blockchain Volume On-Demand 64

Fintech Finance

JANUARY 16, 2024

The same research ranked trade credit as a leading payment option preferred by business buyers. 1 The study was conducted by Murphy Research on behalf of TreviPay from May 17 to June 2, 2023. Read more about TreviPay’s Universal Acceptance solution. The results are based on a comprehensive review of 300 global B2B buyers.

Credit Cards 52

Credit Cards B2B Visa Payment APIs and Integration 52