Fintech Finance

OCTOBER 29, 2024

Yape, launched in 2017, has emerged as a critical tool for managing everyday finances, boasting over 16 million users and 13 million monthly active users, who engage in an impressive average of +40 transactions each month.

Financial Inclusion

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

The Payments Association

MARCH 18, 2025

Unlike open bankings regulatory-driven origins, open finance is advancing through a mix of policy frameworks and market-led initiativesdriving divergent adoption curves that are reshaping competitive dynamics globally. For payments leaders, the implications are profound.

Finance

Finovate

JANUARY 10, 2025

” Double counting can occur when an individual applies for a debt consolidation loan and a lender counts both the individual’s original debts and their new consolidation loan as part of the affordability assessment. ” Founded in 2017 and headquartered in Grantham, Lincolnshire, U.K.,

Innovation

CoinRemitter

JULY 4, 2025

A fork happens when developers change the original code of a blockchain to create a new version with different features. Bitcoin Cash Created in 2017 during a debate about Bitcoin’s scaling. Litecoin (LTC) and Bitcoin Cash (BCH) are two of the most popular Bitcoin forks. These two coins are often used for payments.

Bitcoin

Finextra

JUNE 6, 2025

billion in 2017 to $1.85 The branch bank industry consolidated around two major players - Temenos Globus and Finastras Midas - each serving over 300 banks, often with many installations as banks became more international. Current Market Performance The financial performance of major players reveals interesting trends: Temenos : £3.9

Technology

Finextra

JULY 31, 2025

Launched in 2017, ClearBank has become one of the UK’s leading fintech and embedded banking infrastructure providers. His appointment follows ClearBank securing a Credit Institution Licence from the European Central Bank, under the supervision of De Nederlandsche Bank, a key milestone in the bank’s internationalisation strategy.

Authorization

Neopay

JULY 29, 2025

This version added guidance that was intended for the original publication, to clarify that firms should not treat non-executive board members of civil service departments in the UK as PEPs. Why we’re issuing this guidance We are updating our guidance to reflect changes to the legislative framework in the UK since 2017.

Money Laundering

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

Bank Automation

JULY 8, 2024

based bank has used nCino’s loan origination system since 2017, Chief Technology Officer and Executive Vice President of the bank Sharif Alexandre tells Bank Automation […] ConnectOne Bank invests in technology that generates data to boost efficiencies, but the systems are only beneficial if employees use them consistently.

Origination

PYMNTS

NOVEMBER 6, 2018

OnDeck Capital said in its third-quarter results that loan origination volume jumped double digits year over year and sequentially, where the volume of $648 million was up 22 percent from the 2017 third quarter and up 10 percent from the second quarter of this year. Portfolio quality is better than in the U.S.

Origination

Finezza

SEPTEMBER 29, 2024

While P2P lending businesses started entering the Indian market in 2014, it wasn’t until 2017 when the Reserve Bank of India (RBI) issued guidelines suggesting that all P2P service providers must be […] The post Future of P2P Lending and Its Direct Impact on Loan Origination Systems appeared first on Finezza Blog.

P2P

Finezza

SEPTEMBER 29, 2024

While P2P lending businesses started entering the Indian market in 2014, it wasn’t until 2017 when the Reserve Bank of India (RBI) issued guidelines suggesting that all P2P service providers must be […] The post Future of P2P Lending and Its Direct Impact on Loan Origination Systems appeared first on Finezza Blog.

P2P

Wharton Fintech

AUGUST 15, 2024

Shan shared his lightbulb moment upon reading the Ethereum white paper in 2017, which sparked his interest in the potential of blockchain technology as a global application platform. The Ethereum white paper was my light bulb moment. Listen to the full episode on Soundcloud , Spotify or Apple Podcasts.

Cross-Border Payments

PYMNTS

NOVEMBER 18, 2020

Mortgage originations, including refinances, continued on their upward trend as homeowners continue to take advantage of the low interest-rate environment,” Donghoon Lee , research officer at the New York Fed, said in the report, which tallied numbers through Sept. Mortgage debt hit $9.86 Auto loans hit $1.36 trillion, up $17 billion.

Credit Cards

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

DECEMBER 27, 2020

While TIDAL doesn’t give out subscriber, user or financial data, its website claims to have more than 70 million songs and 250,000 high-quality videos in its catalog, along with original video series and podcasts. Sound Is Booming. Square Music.

Mobile Payments

Finovate

JANUARY 18, 2024

” Brown founded Digital Onboarding, originally known as SalesBrief, in 2015, along with his co-founder Jonathan Crossman. The company pivoted to the financial services realm in 2017 after participating in a credit union’s fintech accelerator.

Credit Union

CB Insights

JANUARY 31, 2018

Fintech: 2017 Year-in-Review & 2018 Trends. In the briefing we’ll highlight 2017 trends and explore what’s ahead for fintech in 2018, looking across payments, wealth management, insurance, and more. Gray boxes indicate that the company is a new addition (since the start of 2017) to that investor’s portfolio.

FinTech

PYMNTS

DECEMBER 1, 2016

The combination of Visa’s global network and Cardinal’s authentication platform will give merchants and issuers an end-to-end view of the transaction regardless of where it originates — reducing the risk of fraud to merchants and issuers and the friction consumers can often encounter when transacting online. fraud protection protocol.

Acquirers

PYMNTS

DECEMBER 30, 2020

He and another employee were fired by Ticketmaster in October 2017. . Further, Ticketmaster will have to report to the U.S. Attorney’s Office annually during the three-year term of the agreement.

Wire

PYMNTS

APRIL 2, 2020

On Thursday (April 2), Bottomline Technologies announced it will offer lenders a simplified Small Business Administration (SBA) loan application platform to originate credit online under the “Paycheck Protection Program.”. In the same study conducted in 2017, only 40 percent of companies reported cases of malfeasance.

Small Business

PYMNTS

APRIL 22, 2020

In 2017 and 2018, however, fraudulent activity and different schemes were $3 billion combined. And 90 percent of the stolen funds originated from only six broad schemes. The effort reportedly attained levels not seen before for a digital currency scam. As previously reported, the cost of crypto fraud reached $4.3 billion last year.

Scams

PYMNTS

OCTOBER 10, 2018

The application , which was originally filed in September 2017 and was released by the U.S. This isn’t the first blockchain-related patent that Mastercard has recently filed. In April, the company filed a patent that reveals it might utilize blockchain as a way to protect identity data.

Blockchain

FICO

JANUARY 21, 2020

The Empirica Score features the following two components: An Account Origination score, which rates the risk of a credit applicant at account origination. Account Origination Analysis Shows Downward Shift in Risk. Figure 1: Account Origination Score Migration and Drivers. Source: FICO Blog. What’s Behind the Change?

Credit Risk

PYMNTS

JANUARY 17, 2019

For the full year 2018, Netflix paid net subscriptions increased 33 percent compared to 2017, reaching 29 million, the company said in its latest financial report. He also said original content is the dominating force when it comes to TV and film offerings on Netflix. FactSheet had forecast that Netflix would add 1.51 million U.S.

Origination

PYMNTS

OCTOBER 19, 2018

Data: 500,000: The approximate number of students of Indian origin who traveled abroad to study in 2017. And the stock market has spent a week proving that what goes up must come down, and as the era of cheap money is ending , a lot of businesses are finding gaps in their business models.

Financial Literacy

PYMNTS

OCTOBER 8, 2020

The companies had originally teamed in 2017 to test LocusBots, which work to help associates piece-pick order fulfillment in warehouses. In separate news, DHL partnered with Locus Robotics earlier this year to deploy 10 new autonomous mobile robot (AMR) solutions across multiple sites, PYMNTS reported.

Verification

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

The Fintech Times

FEBRUARY 15, 2024

UPI grew by 900 per cent in 2017 compared to the previous year and has since been rapidly adopted across India, with 117.6 Originally conceived to combat cash-based corruption and promote financial inclusion, UPI has evolved into a cornerstone of India’s vision for a digital economy.

Digital Payments

PYMNTS

JANUARY 25, 2019

Data that the parties could view on the platform include information about farming practices and commodities origins. Reuters reports at the time noted that trade finance transactions totaled more than $9 trillion in 2017, much of which was facilitated using manual processes and paper.

Blockchain

PYMNTS

NOVEMBER 11, 2020

In a bit more granular detail on the credit operations, Mercado Credito was formed in 2017 in Brazil and has been tied to mobile wallet service Mercado Pago. The company said during its recent earnings announcement that it had seen a record number of loan originations, up 157 percent quarter on quarter. dollars to roughly $14.5

Origination

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

JANUARY 15, 2021

Postmates started trialing sidewalk delivery bots in 2017 and launched Serve in December 2018, with a commercial rollout planned in Los Angeles. Uber had originally tried to acquire delivery platform Grubhub, but the deal sputtered over antitrust concerns. . It’s now commercially operating in both Los Angeles and San Francisco.

Bots

PYMNTS

APRIL 7, 2020

The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by JPMorgan found that business email compromise (BEC) was the most noted origin of tried or actual fraud incidents in 2019, according to an announcement. ACH payment methods also seem to be of greater interest to scammers.

Business Email Compromise

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. Flash forward nearly 400 years to December 2017, when the price of a single bitcoin hit $20,000.

Bitcoin

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