Remove 2017 Remove Origination Remove Research
article thumbnail

Deep Dive: How Shift4 Is Building a Global Commerce Platform

Finextra

A major turning point came in 2017: the company (briefly renamed Lighthouse Network) acquired a Las Vegas-based payment gateway called Shift4 Corporation , a veteran player in hotel and restaurant payments, and adopted the Shift4 name for the combined entity. Links to the original sources may not always be included.

article thumbnail

Deep Dive: Wise – Building a World of Money Without Borders

Finextra

From humble startup origins in 2011, Wise now moves over £145 billion internationally each year for 15+ million customers – at a fraction of the cost charged by banks. From Startup to Public Company Wise’s origin story is a personal one. In doing so, Wise saved its users an estimated £2 billion in fees in FY2025 alone.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blackhawk Network Teams with Mastercard to Add Paper Prepaid Products

Finovate

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. The move will help support Mastercard’s commitment to remove first-use, PVC plastics from payment cards on its network by 2028.

Visa 52
article thumbnail

FICO Research: Broader Mix of Consumers Obtaining New Mortgages

FICO

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. Figure 1 contains a FICO® Score distribution for mortgages opened in different periods between 2009 to 2017.

article thumbnail

US Consumers Pay Down $10B In Credit Card Debt In Q3

PYMNTS

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. Auto loans hit $1.36 trillion, up $17 billion. percent compared to 5.39

article thumbnail

Department Store Outlook Grim For 2017

PYMNTS

After a subpar holiday shopping season, research firm Moody’s announced that it had revised down its forecast for the sector’s operating income. In its new report, the rating agency said it now expects aggregate department store operating income to have declined 18 percent in 2016 as opposed to the originally estimated decline of 11 percent.

article thumbnail

Where Top US Banks Are Betting On Fintech

CB Insights

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 78