PYMNTS

NOVEMBER 20, 2018

In the year between Q2 2017 and Q2 2018, sub-prime consumer loan originations grew 28 percent between Q2 2017 and Q2 2018 across the categories of auto loans, mortgage loans and credit cards. 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

CB Insights

JULY 18, 2018

” Hence, the company’s original slogan: “Travel like a human.” Website as of: January 2013. Website as of: November 2013. This socially driven e-commerce site and app is currently valued at $3B and sported a pretty basic homepage in 2013. Website as of: April 2013. Website as of: April 2013.

Bitcoin 65

Bitcoin CRM Checks Cybersecurity 65

PYMNTS

DECEMBER 11, 2020

It was originally put into place in 2013 but was only intermittently enforced over the next six years, letting many cryptocurrency exchanges continue their KYC-less practices with impunity,” according to the December 2020 AML/KYC Tracker®.

Money Laundering 87

Money Laundering AML Cryptocurrency Verification 87

Fintech News

AUGUST 12, 2024

BitcoinVN: Founded in 2013, BitcoinVN is a cryptocurrency startup providing exchanges services, over-the-counter (OTC) trading, self-service kiosks for users to buy and sell bitcoin for cash, and more.

FinTech 117

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 117

PYMNTS

SEPTEMBER 11, 2019

The data spanned debt buyer tradelines, representing debt bought from creditors that have been charged off by creditors and non-buyer tradelines, which attempt to collect on behalf of the original creditor. Peak levels — and levels of 33 percent and above — occurred after the financial crisis into 2013.

CFPB 68

CFPB Consumer Financial Protection Bureau (CFPB) Regulations Innovation 68

Fintech Labs Insights

MAY 12, 2015

Our next presenting company is Top Image Systems , demonstrating its innovation in loan origination technology. With the ability to automatically capture and process any volume of documents of any type, anywhere, at any time, eFLOW Lending optimizes loan processing, increasing accuracy & efficiency for originators.

Origination 22

Origination Process Automation B2B 22

PYMNTS

OCTOBER 21, 2018

Meanwhile, David Ellison, a portfolio manager specializing in financials at Hennessy funds, told the FT that assets at Bank of OZK have quadrupled since 2013, with most of it via real estate loans in southern U.S. Five years ago that stood at 15 percent. He did note that close to $3 billion in loans were made in New York.

Risk 63

Risk Void Origination Research 63

PYMNTS

DECEMBER 27, 2018

Although the ex-CEO isn’t facing accusations over the losses from hacking, prosecutors contend that he moved 340 million yen to a personal account from an account at the exchange in 2013.

Bitcoin 57

Bitcoin Digital Currency Cryptocurrency Origination 57

PYMNTS

OCTOBER 11, 2018

Zuora debuted in April as a publicly traded company, and its stock, originally priced at $14 a share, closed at $20 a share. In 2013, the company raised $50 million in Series E fundraising. The company also raised $154 million, bringing its new value to around $2 billion.

Origination 57

Origination Participant Economy Payment Solutions 57

FICO

OCTOBER 19, 2022

In contrast, both new and existing borrowers in 2013 had historically low sensitivity levels, following years of conservative post-recession lending and borrowing. Figure 2: Average FICO® Resilience Index 2 by snapshot, all industries account management vs account origination. FICO® Resilience Index trends by FICO® Score band.

Origination 52

Origination Accounts Correspondent Credit Risk 52

PYMNTS

NOVEMBER 8, 2018

In that case, the FTC said MoneyGram did not address fraud that had originated from its large agents, and instead had focused its lower-volume, smaller agents known as “mom and pop” agents. The FTC said that between Jan.

FTC 64

FTC Settlement Federal Trade Commission Fraud Prevention 64

PYMNTS

OCTOBER 18, 2016

The company was founded in 2007 and originally targeted consumers but morphed into a business-facing company in 2013. Zipwhip’s technology enables companies to text their customers from the internet, desktop computers and smartphones.

Origination 56

Origination Facilitators Volume Participant 56

PYMNTS

NOVEMBER 18, 2018

percent above the post-financial-crisis low reached during the second quarter of 2013. The data also showed that mortgage originations increased to $445 billion from $437 billion in the second quarter, while mortgage delinquencies were relatively flat, with 1.1 In addition, overall household debt is now 21.2

Fed 58

Fed Federal Reserve Credit Cards Origination 58

Fintech News

MARCH 18, 2024

Ascend Money Founded in 2013, Ascend Money is a fintech startup in Thailand that is part of the Ascend Group, a digital technology business conglomerate providing digital financial, e-commerce, data and cloud services. Opn Founded in 2013, Opn is a provider of online payment solutions and digital transformation services.

FinTech 113

FinTech Online and Mobile Banking Blockchain Product 113

Clearly Payments

MARCH 4, 2024

Target Data Breach (2013) In the saga of payment processing fraud, few chapters loom as large as the Target data breach of 2013. The operation also involved money laundering tactics to obscure the origins of stolen funds. We’ll uncover the methods used, the consequences faced, and the lessons learned from these events.

Phishing 59

Phishing Data Breach Law Enforcement Money Laundering 59

FICO

NOVEMBER 15, 2017

Original module design inspired by Sternberg et al. 2013) and Morrison et al. Initial module design and estimate elicitations from Weber (2007), Weber et al (2013), and Meier and Sprenger (2010).). This is just an example; in the real exercise the applicant only sees 1 image but not whether the choice was correct.).

Credit Risk 80

Credit Risk Risk Assessments Financial Inclusion 80

Wharton Fintech

AUGUST 21, 2023

And the long story short there is that you can, but going back to 2013, it was really hard to do; it was hard to figure out and it was super expensive. Supplementary to its original platform, Alto launched its CryptoIRA in 2020 to facilitate tax-advantaged crypto trading.

Accreditation 130

Accreditation Returns Regs Origination 130

Fintech News

JUNE 18, 2024

Originally from Sydney, Nestor’s 25-year career has seen her leading marketing teams across APAC in the financial services, technology, and hospitality industries, including 13 years at American Express in Australia and Hong Kong SAR, and stints at Hilton and eBay.

APACS 113

APACS Visa Consumer Credit Cards 113

PYMNTS

DECEMBER 10, 2020

It was originally put into place in 2013, but was only intermittently enforced over the next six years, letting many cryptocurrency exchanges continue their old KYC-less practices with impunity.

AML 88

AML Cryptocurrency Money Laundering Compliance 88

The Fintech Times

FEBRUARY 6, 2025

Prominent fintech ventures originating from Morocco include OnePay (specialising in online bill payments), MeilleurCreditmmo (an online comparison platform), and SYPEX (offering trade management solutions).

FinTech 59

FinTech Online and Mobile Banking Financial Inclusion Laws 59

PYMNTS

APRIL 1, 2019

It has grown at a rapid pace since launching in 2013, and is now the sixth largest hotel operator in the world. It originally focused on small hotel owners, but in recent years has been expanding into managing homes. OYO has raised more than $1 billion in venture funding, with SoftBank among its investors.

Origination 49

Origination Acquirers 49

PYMNTS

JANUARY 24, 2020

Uber originally tried to get into Vancouver, which is Canada’s third-largest metro area, in 2012, but the transportation regulator said the ride-hailing company would be subject to the same rules as limos, and have to charge a minimum of $75 a trip. The applications for Uber to operate were opened in September of last year. .

Rules 52

Rules Origination Authorization Government 52

FICO

DECEMBER 8, 2022

As seen in Figure 1, in the unstressed economy of 2013-15, this would have aligned with a simple FICO® Score cut-off of 640 or higher. Figure 1: Auto finance account origination default rates by FICO® Auto Score 8, Oct 13-Oct 15 and Oct 07-Oct 09 versus a theoretical 3% default rate cut-off.

Addressing 52

Addressing Risk Underwriting Risk Management 52

CB Insights

OCTOBER 31, 2019

This recently granted patent (which was originally filed in 2013) takes a slightly new tact for the social network giant. We’ve also previously highlighted how Facebook’s WhatsApp is building out WhatsApp Pay for payments in developing countries.

Digital Currency 68

Digital Currency Transactions Finance Credit Cards 68

PYMNTS

SEPTEMBER 23, 2020

Florida’s caseload has dropped, and there have been no reports of major outbreaks detected or originating from Disney World. And despite early concerns in Florida about Disney World’s reopening, the park’s efforts appear to have so far been a success. But the company’s California parks are different in some key regards.

Contactless Payments 77

Contactless Payments Push-to-Card Consulting Origination 77

PYMNTS

SEPTEMBER 29, 2016

The original idea grew out of the middle of the recession, after he was laid off from his big banking job and his family started asking him for advice about credit cards and mutual funds. “We Chen, who is a former hedge fund analyst, originally cofounded NerdWallet as a credit card marketing website.

Credit Cards 71

Credit Cards Finance Origination Consumer 71

PYMNTS

APRIL 30, 2019

The warnings were sent in 2007 and 2013, and the information stems from the outcome of an investigation by the European Banking Authority (EBA). Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported.

Money Laundering 51

Money Laundering Central Bank Breach Rules 51

PYMNTS

JUNE 14, 2018

The original card was made largely of a sheet of tungsten, with the metal part surrounded by plastic. N26 originally launched in 2013 in Germany without a banking license under the name Number26, operating as a financial interface. With the new infusion, N26 is planning more partnerships and expansions.

FinTech 43

FinTech Origination Visa Acquirers 43

PYMNTS

MARCH 21, 2017

The documents asked for all United States Coinbase customers who transferred convertible virtual currency (in this case, bitcoin, since the company did not trade ethereum at the time) from 2013 to 2015. In 2014, that number was just 893, and, in 2015, the number fell to 802. While the request was granted, a Coinbase customer, Jeffrey K.

IRS 40

IRS Bitcoin Digital Currency Assessments 40

Wharton Fintech

AUGUST 22, 2023

This model of financing was originally conceived in Silicon Valley in the 1960s-70s and has since been adopted by startup ecosystems across the world. Logo —  Stride Ventures Venture debt is an instrument that combines venture capital and traditional debt to provide startups with a financing that has been tailor-made for their needs.

FinTech 130

FinTech Finance Origination On-Demand 130

PYMNTS

SEPTEMBER 25, 2018

Beyond that, volume has exploded, with $284 billion extended in 2016 compared to $11 billion in 2013. For this reason, said BIS, FinTech firms have been partnering with banks to originate loans made online.

Risk 68

Risk FinTech Non-Bank Volume 68

CB Insights

AUGUST 7, 2018

The original device will lose battery as the second charges. Since 2013, the company has filed for 20 patents that involve the technology. It then uses this current to charge its battery. Apple far and away files the most patent applications for inductive charging.

Origination 48

Origination Continuity Research Technology 48

Finovate

APRIL 8, 2024

Making its Finovate debut as TransferWise in 2013, the company rebranded as Wise in 2021 to reflect its evolution beyond its origins as an innovator in the international money transfer space. International Development Finance Corporation, to help expand its services in the country.

Accounts 59

Accounts Debit Card FinTech Multi-Currency 59

FICO

AUGUST 15, 2018

The first clear trend observed around newly originated mortgages is that as we get further away from the Great Recession, underwriting criteria seems to have eased and a broader section of consumers are obtaining mortgages as a result. Mortgage Borrowers: Increases and Decreases to Their FICO Scores.

Research 53

Research Consumer Origination Underwriting 53

PYMNTS

DECEMBER 10, 2016

In one sense, from the point of view of 2013, Laplanche was right to be excited for where Lending Club was headed — it still had some very good times coming up. When all the shares were accounted for, Lending Club’s original IPO managed to pull in more than $1 billion — slightly beating expectations and making it the seventeenth-largest U.S.

Non-Bank 73

Non-Bank Compliance Push-to-Card Origination 73

PYMNTS

APRIL 17, 2018

In March 2013, the CFPB put limits on loan markups and compensation for dealers on these auto loans, specifically on the basis of race, national origin, or credit score. Sixty-four consumer groups oppose the Senate vote, explaining that Congress should have reviewed the guidance when it was first issued by the CFPB in 2013.

Consumer 40

Consumer CFPB Rules Regulations 40

PYMNTS

MAY 29, 2019

billion in 2018, up from under $1 billion in 2013. The company began in 2011 and originally focused on student loan financing for millennials , but has since expanded into personal and mortgage loans. Previous SoFi investors include SoftBank Capital and Peter Thiel. percent annual percentage yield. million registered users.

Credit Cards 46

Credit Cards Finance Origination Cryptocurrency 46