Finovate

JANUARY 10, 2025

The embedded payment capabilities facilitate any payment type over any payment rail using any originating bank account. Transcard was founded in 2012 and debuted a payments disbursement capability, Panuver , at FinovateSpring 2016. They work for both single and mass payments and can take place in real-time or be scheduled.

Multi-Currency

Finextra

JULY 13, 2025

From Bold Idea to Banking License Monzo’s story began in 2015, when a team led by Tom Blomfield founded the company (originally called Mondo ) with the aim of creating a branchless, app-based bank. Links to the original sources may not always be included. Let’s explore how Monzo got here and where it’s heading next.

Payment APIs and Integration

Finovate

MARCH 25, 2025

The partnership integrates LoanPro’s credit ledger and origination, servicing, and collections technology with NovoPayment’s API-based issuing processing. LoanPro and NovoPayment have teamed up to help expand access to credit for consumers in Latin America. Utah-based LoanPro made its Finovate debut at FinovateSpring in 2021.

Payment APIs and Integration

Fintech News

APRIL 13, 2025

Billion One of Indias original fintech pioneers, Paytm has been a household name since the early days of mobile wallets and QR-code-based payments. Launched in 2016, Digit offers over 50 product lines. Launched in 2016, Acko has set itself apart by embedding insurance into popular consumer platforms.

FinTech

Fintech Review

MAY 14, 2025

The concept originated with the UKs Financial Conduct Authority (FCA) in 2016 and has since spread globally. The aim is to let startups validate ideas, understand regulatory expectations, and launch safer, more compliant products into the broader market.

Innovation

Fintech Labs Insights

MARCH 13, 2025

score with 23,000 reviews Product Milestones From its inception, Ramp has continually expanded its product suite beyond the original corporate card, evolving into a broader finance automation platform. LinkedIn : 171,000 followers and 1,630 employee connections G2 : 4.8 score with 2,065 reviews iOS : 4.8

Push-to-Card

Finextra

JUNE 6, 2025

Market Disruption and New Entrants The landscape began shifting about a decade ago with new fintech challengers like Thought Machine (2014) and 10x Banking (2016) entering the market, promising more modern, cloud-native solutions to challenge the established players.

Technology

Finextra

JUNE 5, 2025

billion since 2023 and $235 billion since 2016. Barclays topped the list, spending $24.2 He added: "When I talk to some of those CEOs of those banks, they say to me, ‘We want to do sustainability, but its going to take us 25 years’ […] We cant wait.

IBAN

Fintech Labs Insights

MAY 12, 2025

Origin Financial wellness platform offering personalized advice and tools to help employees manage compensation, benefits, and financial planning. Website: flashfood.com Headquarters: Toronto, Ontario, Canada Founded: 2016 Total Funding: $13.8

FinTech

Fintech Labs Insights

MAY 12, 2025

Origin Financial wellness platform offering personalized advice and tools to help employees manage compensation, benefits, and financial planning. Website: flashfood.com Headquarters: Toronto, Ontario, Canada Founded: 2016 Total Funding: $13.8

FinTech

PYMNTS

DECEMBER 23, 2020

Santander is an originator and servicer of non-prime auto loans and leases and provides credit information to CRAs via monthly data files, according to the CFPB release. The agency said the lender knew something was wrong as early as September 2016.

CFPB

Finovate

JANUARY 9, 2024

The partnership between core banking platform, 10x Banking , and mortgage origination platform, Mast , will enable real-time connectivity between the two systems. Founded in 2016, 10x Banking won Best of Show in its Finovate debut last year at FinovateEurope. ” The collaboration comes with an API integration guide on 10x Docs.

Origination

PYMNTS

NOVEMBER 29, 2016

Arguments about payday loans have a habit of quickly devolving from polarized to outright acrimonious pretty quickly — and 2016 has seen that habit get very, very ingrained. Luckily, we have a handy roadmap right here — the PYMNTS PayDay Loan Chronicle 2016. Spoiler: The situation is more complicated than you’ve heard.

CFPB

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

PYMNTS

OCTOBER 26, 2016

The brand new October 2016 Global Fraud Attack Index™ , a PYMNTS and Forter collaboration, has some scary news for retailers, and it has nothing to do with Halloween. The rate of fraud attacks is up 39 percent in 2016 (through Q2), and the rate has risen 62 percent from Q3 2015. out of $100 is at risk for luxury goods.

Fraud Prevention

PYMNTS

SEPTEMBER 1, 2020

The San Francisco-based financial services giant’s decision to launch the checkless account, which has a monthly fee of $5, comes as Wells Fargo looks to reshape an image badly tarnished after 2016 revelations that bank employees opened millions of phony accounts in order to meet sales quotas.

Digital Payments

Finezza

SEPTEMBER 24, 2024

The launch of UPI in 2016 has transformed the financial landscape in India. However, there remained a gap in how the credit was accessed. India’s credit access and repayment system is a lengthy and cumbersome process that feels like a trap more than a solution.

Process

FICO

MAY 10, 2018

Alliant Credit Union , one of the largest credit unions in the United States, has transformed its consumer lending business and is exceeding its lending goals since implementing FICO technology solutions in 2016. Alliant started using the new CLOS for auto loans and credit cards in late 2016.

Credit Union

CB Insights

APRIL 27, 2017

Using our patents search engine, we have unearthed a newly-published patent application from Airbnb, which was originally filed in October 2016. The patent application, titled “Beam Device Architecture,” describes a system to compress cellular data, allowing people to more easily … Continued.

Origination

FICO

DECEMBER 21, 2016

That’s one reason that TBC Bank won the 2016 FICO Decisions Award for Customer Onboarding and Management. TBC Bank is the first in the country of Georgia to introduce omni-channel capabilities to improve its originations strategy. The cost to originate a loan decreased by 50 percent due to lowered manual review processes.

Origination

PYMNTS

NOVEMBER 13, 2020

The original Expeditions Pioneer Program launched in 2015 for educators and in 2016 was made available on the Android operating system. “As always, we’ll continue to share updates, user tips and gather feedback, and we look forward to continuing our support for the educational journeys of people around the world,” she added.

NOV

Axway

NOVEMBER 18, 2020

The origins of Customer Reliability Engineering. Customer Reliability Engineering (CRE) is a practice that was initiated by Google in 2016 , following the success and value brought by their Site Reliability Engineering (SRE) team. The Google SRE team is responsible …

Origination

The Fintech Times

SEPTEMBER 27, 2024

In 2016, the Central Bank of Myanmar (CBM) issued regulations for mobile financial services (MFS), creating a safe regulatory framework. Wave Money, a joint venture between Norway’s Telenor, Yoma Bank and First Myanmar Investments, became the first MFS provider in the country. However, it is unclear whether this program remains active today.

Financial Inclusion

PYMNTS

OCTOBER 10, 2018

Filed in July 2016, the patent goes on to explain that “the transaction records stored in the blocks comprising a blockchain are often required to be of the same format and include the same types, and sometimes even sizes, of data.” The application , which was originally filed in September 2017 and was released by the U.S.

Blockchain

CB Insights

DECEMBER 7, 2017

By the end of 2017, nearly $1.8T worth of mortgages will have been originated in the United States this year, according to government-backed mortgage lender Freddie Mac. Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years.

Non-Bank

PYMNTS

OCTOBER 11, 2018

Cotter added that the solution stems from an internal program developed at American Express in 2016, where the company deployed a similar service to its own vendors. Companies then pay American Express back on the original invoice payment date. Companies can have American Express finance their early invoice payments.

Wire Transfer

PYMNTS

OCTOBER 11, 2019

The complaint claims that Calibra’s logo is too similar to Current’s, which the FinTech has been using since August of 2016, CoinDesk reported. The logos have similar stories of origin, as they were both reportedly made by the Character branding firm out of San Francisco.

Money Laundering

PYMNTS

JUNE 1, 2020

The task force was looking to “offer an origination and underwriting platform that will allow banks, alternative lending platforms and private debt lenders to digitally allocate funding to businesses during the global coronavirus (COVID-19) outbreak,” according to the report.

Risk Assessment

PYMNTS

OCTOBER 8, 2018

Bloomberg cited sources that claim the company’s Marcus unit has slashed its loan originations target for next year. The news comes as a bit of surprise, given that earlier this year, it was revealed that Marcus had issued $3 billion in new consumer loans since launching in October of 2016 through the first quarter of 2018. “We

Origination

PYMNTS

JANUARY 29, 2019

In addition, Acorns announced a partnership with CNBC to produce original content, which aims to reach a less financially savvy audience. As a result of this latest investment, Acorns is one step closer to reaching unicorn status, with its valuation now three times higher than it was after its last funding round in 2016.

FinTech

PYMNTS

MARCH 22, 2019

The latter firm had been one of the investors in the original $1 million seed round raised by Thinknum in 2014. As noted by VentureBeat , the five-year-old firm has been profitable since 2016. Thinknum , which provides web-sourced alternative data, has garnered $11.6

FinTech

PYMNTS

NOVEMBER 7, 2018

LendingClub reported double-digit loan origination growth in the third quarter, outpaced by a jump over the same period for application. The company said it had loan originations of $2.9 billion, which represented a record in terms of quarterly originations and which was up 18 percent year on year.

Federal Trade Commission

PYMNTS

DECEMBER 24, 2020

Airbnb did reportedly move its widely anticipated IPO from the spring to late fall, but went public in December at $68 a share — way above both its original pricing range of $44 to $50 and an upwardly revised $56 to $60. Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016.

Origination

The Paypers

JULY 5, 2022

To further expand on the ongoing partnership started in 2016, AS DelfinGroup has incorporated Nordigen 's Open Banking platform to add to their technological toolkit and improve their loan origination and credit assessment procedures.

Procedures

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The build-back from the revelations of 2016 was a bit more of a lengthy process.

P2P

PYMNTS

AUGUST 27, 2019

In a press release , Citi said the CitiConnect platform has processed more than 157 million API calls since its November 2016 launch. Those API calls originate from corporate clients using the CitiConnect platform. Citi announced on Monday (Aug.

Treasury

Finovate

FEBRUARY 13, 2024

” Originally founded in 2016, Wealthify demoed its online investing service at FinovateEurope 2017 and had raised $3.15 The UK-based company earned its banking license from the FCA in late 2016. million (£2.5 million) before being acquired by financial services giant Aviva in 2020. .

Accounts