Fintech Labs Insights

MAY 4, 2015

FinovateSpring 2015 is right around the corner (have you picked up your ticket yet? ). We think you’ll like what you see on stage this year at FinvoateSpring 2015 in terms of our live demos. H&R Block. The post Last Call for FinovateSpring 2015 Tickets appeared first on Finovate. We hope you’ll join us.

Credit Union

Fintech Finance

DECEMBER 17, 2024

Neonomics asserts that these practices defy the principles of Payment Services Directive (EU 2015/2366, PSD2 and acts in accordance with the provisions of Norwegian Competition Act ( 10 and 11). These practices have hindered competition, innovation, and consumer choice.

Authorization

PYMNTS

APRIL 24, 2017

BJ’s on the Block (and Amazon Is Scoping the Territory). This latest hit comes after 2016 was yet another record-breaking year for data breaches — which shot up 40 percent from 2015. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Ready to jump in?

Breach

PYMNTS

JULY 23, 2020

In other news, Ant Group , the FinTech arm of Chinese eCommerce company Alibaba , has launched its own new blockchain brand called AntChain, according to The Block. AntChain can supposedly serve 1 billion user accounts and process 1 billion transactions per day, the spokesperson said.

Scams

PYMNTS

JUNE 20, 2016

The review, which the company originally announced in December 2015, comes at the reported urging of Elliott Management, the New York-based hedge fund that purchased an 11-percent stake in Cabela’s in October.

Blocks

Fintech News

JUNE 3, 2024

Ransomware is a type of malicious software attack designed to block access to a computer system until a ransom is paid. Cybercrime is estimated to have cost organizations US$8 trillion in 2023, up from US$3 trillion in 2015. trillion annually by 2025.

Ransomware

PYMNTS

AUGUST 18, 2019

The division is being headed by Björn Block, said in the release that Ikea’s growth includes looking to “explore products and solutions beyond conventional home furnishing.”. We are just getting started,” said Block. Ori launched in 2015 as a way to reduce the footprint of living spaces in urban environments.

Blocks

PYMNTS

JANUARY 12, 2018

The Feds are seeking to put nearly 4,000 bitcoins on the auction block — currently worth approximately $50 million — seized in criminal, civil and administrative cases, BGR reported. In comparison to most bitcoin trades, in which investors exchange fractions of a coin, the auction will offer bitcoins in large blocks. While only 2.8

Fed

Fintech Labs Insights

SEPTEMBER 15, 2015

But with news that FinovateFall 2015 has reached a new attendance record of more than 1,500 , perhaps you’ll forgive us for thinking that “Il Papa” might be joining us as well. So with the the first demo of FinovateFall 2015 less than 24 hours away, here are a few tips and reminders to help you get ready for the show.

Blocks

PYMNTS

NOVEMBER 8, 2018

After the terms of the settlement were announced, the Financial Times ( FT ) reported that the company failed to prevent “at least $125 million” in fraudulent transactions from being completed between April 2015 and October 2016.

FTC

PYMNTS

MAY 3, 2020

A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to Reuters. Spero wrote that, at this stage, the allegations by SC Innovations seemed to merit the case going forward, unlike an earlier version of the suit that Spero blocked.

Blocks

Fintech Labs Insights

JUNE 11, 2015

BlockCypher , provides a cloud-optimized platform to build and run block chain applications with web APIs and callbacks. FinDEVr San Francisco 2015 is partnered with BankersHub , fin-tech.org , and BayPay Forum. The post FinDEVr 2015: First Round of Presenting Companies Revealed appeared first on Finovate.

Payment APIs and Integration

PYMNTS

NOVEMBER 21, 2016

The justices did dismiss two cases that were related in which the companies tried to overturn a ruling from 2015 in which the U.S. The court ruled a district court was wrong when coming to the determination that consumers had no legal standing for a lawsuit and that it hadn’t showed antitrust violations.

Visa

PYMNTS

NOVEMBER 9, 2020

Without it, those businesses could be blocked from applying through other means. . Tide was founded by banker George Bevis in 2015; London venture capitalist Eileen Burbidge serves as the bank's chair. The FinTech lender Tide is scrambling to secure the funding necessary to offer BBL top-ups to its customers.

Accreditation

PYMNTS

DECEMBER 4, 2018

Mastercard incurred a $650 million fourth-quarter charge related to a large fine over a 2015 EU antitrust investigation , Reuters reported on Tuesday (Dec. The company was accused of setting rules that blocked banks in one EU country from offering lower interchange fees to a retailer in another EU country.

Visa

PYMNTS

OCTOBER 30, 2020

An Obama appointee, Mehta was sworn in in 2015 and had previously been a lawyer for the D.C. He presided over an antitrust case his first year on the bench in a Federal Trade Commission case seeking to block a proposed merger of Sysco Corp. law firm, Zuckerman Spaeder. and US Foods, two of the country’s biggest food distributors.

Federal Trade Commission

PYMNTS

MARCH 21, 2017

Reuters noted Monday that the digital currency gained at least some traction, after the previous three sessions slammed pricing to its lowest level since 2015. The newswire also said that there have been disputes centering around the “blocks” in which bitcoin trades. The peak seems far away, at $1,350.

Bitcoin

PYMNTS

MAY 26, 2017

The digital currency processes transactions in blocks of 10, and miners must verify each block by cracking complex calculations before the block is added to the public ledger, or chain. With more and more businesses accepting bitcoin and with user confidence on the rise, blocks of 10 just weren’t big enough anymore.

Bitcoin

PYMNTS

APRIL 16, 2019

Court of Appeal rejected the tribunal’s ruling from 2017, which had blocked the claimants from pursuing the case led by Walter Merricks, the former financial ombudsman. First launched in 2016 , the lawsuit was borne out of the collective action rule that was introduced in 2015. A consumer lawsuit against Mastercard in the U.K.

Visa

Finovate

SEPTEMBER 23, 2024

Offer autonomous roboadvisory with algorithmic trading Roboadvisors have been popular in fintech since 2015, but Agentic AI will make it possible for firms to autonomously manage investment portfolios by analyzing market trends, risk profiles, and financial goals.

AI

PYMNTS

MARCH 12, 2020

Schroeder said the increasing adoption of payroll cards, and their use — which has grown by nearly 9 percent in the United States between 2015 and 2019 — has come on the tailwinds of high economic growth and high employment. “This is huge in terms of employee retention,” she told PYMNTS of the ability to get paid the same day.

Payroll

PYMNTS

SEPTEMBER 19, 2016

In March 2015, Facebook Messenger began accepting payments. percent in 2015, according to Bloomberg. Chief Financial Officer David Wehner said that revenues were predicted to drop even more for the remainder of 2016 compared to 2015. Facebook does claim to have blocking and reporting features to stop any unwanted activity.

Payments

PYMNTS

JUNE 29, 2018

InnoVentures invested in Ripple, the creator of xCurrent, in 2015. Blockchain or distributed ledger technology covers a wide range of new technology approaches, but using some of the same building blocks and concepts [of other approaches],” he said. “The

Blockchain

The Fintech Times

DECEMBER 28, 2023

Hence, in 2015, the European Parliament passed the second payment services directive (PSD2) to increase competition in consumer finance by unbundling financial services. Apple will block their payment feature from accessing the phone’s NFC chip, i.e. the chip that enables the phone to talk to the payment terminal.

CHIPS

PYMNTS

MARCH 18, 2016

As the Staples and Office Depot merger continues to struggle to overcome the FTC’s attempts to block the deal , a new player in the drama has emerged: Amazon. As New York Post recently reported, rumors of acquisitions in the space have swirled since Amazon announced in April 2015 that it would be launching Amazon Business.

FTC

PYMNTS

SEPTEMBER 28, 2016

For the consumer, access to credit is crucial, but only if the offering is differentiated and provides value over and above the existing alternatives, a 2015 study by the Federal Reserve found. All this brings added pressure on financial institutions to differentiate their products and services from the rest.

Issuers

FICO

APRIL 3, 2018

CNP fraud as a percentage of total card fraud increases significantly in 2016 and 2017 in the US after the EMV chip card migration (liability shift in late 2015). Figure 1 illustrates the growth in CNP fraud in both US and Europe. This suggests that the CNP fraud percentage may keep increasing in the US during the next few years.

Fraud Detection

PYMNTS

AUGUST 14, 2017

Since 2009, Facebook has been blocked on all computers operating in China. Obviously you can’t have a mission of wanting to connect everyone in the world and leave out the biggest country,” Chairman and CEO Mark Zuckerberg told analysts in 2015. Facebook confirmed over the weekend that it had launched the Chinese app. billion people.

Blocks

PYMNTS

NOVEMBER 15, 2016

New lab comes equipped with a Faraday cage, a shielded room that blocks external signals to prevent outside interference of devices, which could easily hamper an ongoing criminal investigation. Security solutions provider RSA estimates a 173 percent increase in cases of mobile fraud worldwide between 2013 and 2015. data breach ).

Crime

FICO

DECEMBER 12, 2017

The TCPA reform effort is expected to commence after the United States Court of Appeals for the District of Columbia rules on the challenge (led by ACA International - the Association of Credit and Collection Professionals - and others) to the FCC’s July 2015 Declaratory Ruling and Order. And yet we continue to wait.

Database

PYMNTS

MAY 22, 2020

Studies have shown that more than half of all banks recover less than 25 percent of related losses, and FIs have reported a 59 percent growth in fraud value and a 61 percent increase in fraud volume since 2015. These financial crimes are perpetrated using various techniques, and no one-size-fits-all defense can block them all.

Fraud Prevention

PYMNTS

APRIL 30, 2019

Danske Bank admitted that 200 billion euros went through its Estonian branch between 2007 and 2015, and the document shows that Russian Central Bank employees warned about money laundering risks and tax evasion schemes. Sven Giegold, an EU lawmaker, said that legal actions against Denmark and Estonia should be initiated.

Money Laundering

PYMNTS

SEPTEMBER 21, 2016

This announcement to “edit” includes the ability to rewrite and to remove from and tweak blocks from a permissioned blockchain, without making a break in said chain. 2015, JPMorgan revealed it would invest $9 billion in blockchain and robotics technology through the end of 2016. and the European Union. . Back in Dec.

Blockchain

PYMNTS

MAY 5, 2017

The probe zeros in specifically on the “Greyball” software developed by Uber which identified and blocked rides to transportation regulators posing as customers in an attempt to prove Uber was operating illegally under-the-radar. Waymo has requested that a judge temporarily block Uber’s self-driving program for the duration of the lawsuit.

Law Enforcement

PYMNTS

SEPTEMBER 23, 2016

“The frequency and severity of attacks are always going to increase, but we’ve identified the type of attacks that do the most damage, and we focus our efforts on those,” Jonathan Block, VP of IT for sales and marketing advisory firm SiriusDecisions, explained.

Central Bank

Finovate

AUGUST 28, 2024

With the backing of an expansive data consortium of 5,000+ financial institutions, the platform also enables banks and financial institutions to block merchants deemed “high risk” and limit the potential damage from major data breaches. CPI Card Group began the year with the appointment of its new President and CEO John Lowe.

Fraud Prevention

PYMNTS

MAY 8, 2017

Apple had blocked an update to Spotify’s iOS app, allegedly to thwart any potential competition to its Apple Music service. Likewise, Spotify had argued last summer that Apple Music has prevented the company from signing big-name artists and blocking access to music via exclusive streaming rights.

Blocks