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 92

Small Business Email Compromise Ransomware Compromise 92

The Fintech Times

JANUARY 31, 2024

Research from TransUnion has uncovered why this change in attitude has taken place, as 55 per cent of consumers look to open new credit accounts, 30 per cent want to better manage their debt and 15 per cent want to improve their credit scores. Additionally, credit is being checked at least once per month by 58 per cent of respondents.

Checks 59

Checks Underserved Consumer Credit Cards 59

Stax

MARCH 11, 2025

Its a process where the credit card data is replaced by placeholder values on your local system, while the original data is stored externally in a secure data vault. The goal here is to check the authenticity of the card details, availability of required funds, and absence of fraud.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

PYMNTS

SEPTEMBER 4, 2020

Our research shows that 46 percent of consumers became ‘digital shifters’ since the pandemic's onset, using online or mobile banking ‘somewhat’ or ‘much more’ than they did before the pandemic,” the new study states, with mobile banking seeing the biggest shift at nearly 45 percent of mobile banking users increasing their use, and 38.2

Online and Mobile Banking 93

Online and Mobile Banking Mobile Banking Push-to-Card ATM 93

FICO

APRIL 28, 2022

According to the research from Cornerstone Advisors , these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, and more. Our Initial Insights from the First FICO-Conducted BNPL Research Study.

BNPL 98

BNPL Accounts Credit Cards Origination 98

The Fintech Times

DECEMBER 6, 2024

Of 2,000 UK adults examined by Tunic Pay , the anti-fraud fintech firm, and Opinium , the market research consultancy, only one in five (21 per cent) said social media platforms were doing enough to tackle payment scams. One of the key points of the research was surrounding who is to blame when users fall victim.

Scams 64

Scams Checks Research Consulting 64

PYMNTS

NOVEMBER 20, 2018

New PYMNTS research painted a detailed picture of how the market is seemingly ready for such transactions. The FPC’s priorities and structure originated with the views of the 27-member Governance Framework Formation Team (GFFT). So, what motivates companies to keep sending and receiving paper checks?

Real Time Payments 70

Real Time Payments FPC Faster Payments Payments 70

Trade Credit & Liquidity Management

MAY 29, 2025

This includes knowing required documentation (commercial invoices, certificates of origin, packing lists), tax implications (VAT, withholding taxes, double taxation treaties), currency regulations, and customs codes. Automation reduces manual errors, speeds processing, and helps keep up with changing regulations.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

Nanonets

AUGUST 26, 2024

  For example, to classify research papers that are in the area of materials science using OCR, the user inputs a set of keywords related to the topic, such as “ceramics”, “composites”, “nanomaterials” and so on.  for example, can enable the OCR engine to classify the document automatically.

Rules 97

Rules Non-Bank Checks Irrevocability 97

FICO

FEBRUARY 25, 2019

FICO research has found that 7 out of 10 consumers who exhibit responsible financial behavior in their checking and savings accounts could see a higher credit score with the UltraFICO™ Score. Risk in Bankcard Originations on the Rise. This shift has been most notable for the bankcard originations population.

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

FICO

DECEMBER 2, 2021

But checks can’t be difficult, choppy, or so time-consuming that customers simply get impatient, become dissatisfied or abandon the process – because once they’ve gone, they’ve often gone for good. Consumers Are Prepped for Biometric checks. Global research carried out by Accenture in 2020 showed that 5.6 by Mel Prescott.

Accounts 52

Accounts Consumer Finance Origination 52

Nanonets

SEPTEMBER 20, 2024

From financial reports and research papers, to resumes and invoices, these documents can contain complex tables with a wealth of structured data that needs to be quickly and accurately extracted. Scientific Research : Researchers use table extraction to collate experimental results from multiple published papers. 

Rules 135

Rules Process AI Origination 135

FICO

MARCH 8, 2021

We’ve conducted research and developed frameworks that are used to assess many types of alternative data sources used in credit decisions (for more, see our recent white paper ). Our research finds that alternative data sources that demonstrate a consumer’s ability to manage their finances are predictive of consumer credit risk.

Financial Inclusion 52

Financial Inclusion Checks Credit Risk Accounts 52

Nanonets

AUGUST 27, 2024

Web Content Parsing : LLM APIs can be leveraged to process and structure data extracted from web pages, enabling the automation of tasks like price comparison, lead generation, and market research. ROUGE-1 Score : Evaluates how well individual words from the original text are captured in the extracted output. Pro 5/5 8/8 2/40 Claude 3.5

API 95

API Origination Process Assessments 95

FICO

MAY 27, 2021

FICO will present key insights gained from recent FICO® Resilience Index research and early lender adoption use cases across the consumer credit lifecycle at several key industry events starting later this month. Check out the latest FICO® Resilience Index product details, here. by Sharon Tilley.

Use Case 52

Use Case Origination Credit Risk Assessments 52

FICO

JANUARY 24, 2022

And updating contact data when you need to contact a customer as part of a collections process is typically much harder than in originations or account management. Data capture at customer acquisition should not be limited to data that is required to complete the originations process. Professionalize Data Research.

Origination 52

Origination Addressing Research Automation 52

Fintech News

JUNE 18, 2024

Billions of dollars traverse the globe every second, with a significant portion of these transactions originating from individuals, particularly migrant workers sending funds to their loved ones in their native countries. High fees emerged as the main pain point for digital remittance users surveyed in all Asia Pacific markets measured.

Cross-Border 136

Cross-Border Financial Inclusion Transactions Cross-Border Payments 136

Fintech Finance

SEPTEMBER 9, 2024

Impersonator fraud, originating from a phone call, message or email that appears to be from a trusted business source (25%), intercepted business e-Transfers (22%) and credit card fraud (20%) were the most common types of fraud.

Online and Mobile Banking 97

Online and Mobile Banking Credit Cards Scams Payer 97

The Finance Weekly

AUGUST 27, 2023

From our research, customers with Datarails report that plans start at around $24,000 per year and can go up depending on the size of the company, the amount of data etc. Datarails Pricing Datarails is an FP&A software that caters to small and medium sized businesses and therefore has more friendly pricing plans.

AI 130

AI Automation Finance SWIFT 130

Finovate

JULY 15, 2024

Check out Greg’s first round of interviews. How is AI changing the nature of SMB loan origination? ” San Francisco, California-based Cascading AI is the world’s first AI-powered loan origination system that reduces 90% of the manual tasks involved in small business and commercial lending. Episode 220.

AI 64

AI Credit Union Non-Bank Origination 64

PYMNTS

MARCH 8, 2019

According to research from Santander Business , as much as half of all U.K. The data shows that only half of business owners check the details. The data shows that only half of business owners check the details. firms are vulnerable to that type of fraud.

Third Party Vendors 59

Third Party Vendors Phishing Due Diligence Push-to-Card 59

CB Insights

NOVEMBER 1, 2018

An early version, known as Burbn, included check-in features, photo-posting options, and the ability to earn points, among other functions. It was originally a dating site that allowed singles to upload videos of themselves talking about what they wanted in a partner. Source: One Month Rails blog. Source: Shopify Investor Deck 2016.

PayPal 76

PayPal Origination Acquirers On-Demand 76

PYMNTS

APRIL 22, 2020

Its pre-crisis business model consisted of car dealerships and holding lots called hubs, where consumers could check out cars that they’ve already researched. Even if someone doesn’t buy a car online, they are researching that purchase online,” said Russell.

CRM 78

CRM Research Consumer Origination 78

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. Facebook’s patent envisions a product similar to Mint or Qapital , where users could connect credit cards, checking, and savings accounts to track and manage their finances. HOW THE PATENT WORKS.

Digital Currency 68

Digital Currency Transactions Finance Credit Cards 68

PYMNTS

MARCH 9, 2020

Aristotle may have originated the notion of first principles thousands of years ago, but it would take Elon Musk to add a contemporary business flair to that method of analyzing business problems. Our research shows that 70.9 PYMNTS fielded a study to a national panel of 1,062 U.S. consumers during the last week of February 2020.

Credit Union 92

Credit Union Online and Mobile Banking ATM PayPal 92

FICO

AUGUST 29, 2022

As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem ranging from originations, underwriting and account management to collections and asset-backed securitization. in management science/operations research from UC San Diego. Tue, 08/30/2022 - 12:00.

Consumer 98

Consumer Credit Cards Payments Governance 98

Wharton Fintech

OCTOBER 10, 2023

I mentioned that users log into DailyPay about once a day, and what we see is they’re checking their balance to see “how much have I earned”, and we also see a correlation then in the incentive it’s creating for those employees then to pick up more shifts. Or they can do an instant transfer to an account of their choice, which is a $3.49

On-Demand 130

On-Demand Accounts FinTech Checks 130

FICO

NOVEMBER 8, 2022

Our research in four EMEA countries shows that good fraud protection is the number one differentiator when it comes to choosing a provider for a new financial account. At least one in two consumers even recognise the role such checks play in preventing money laundering. It’s also part of the originations process.

Scams 52

Scams Authentication Push-to-Card Fraud Prevention 52

Nanonets

OCTOBER 18, 2024

Example - Producing information in a document extraction task that doesn’t exist in the original document. Fabricating citations, case studies, or research references out of nowhere. Omitting drawbacks or limitations when summarizing research experiments. No external information is required to spot the errors.

SARS 97

SARS Assessments Mitigation Use Case 97

The Fintech Times

JANUARY 4, 2024

However, research from the financial education charity, the Centre for Financial Capability has revealed that despite this growth, consumers are still making mistakes when it comes to making payments on time. It has a long-term commitment to financial education and research.

BNPL 75

BNPL Continuity Risk Governance 75

PYMNTS

JANUARY 1, 2021

Presented by Afterpay and featuring an interview with Daniel Demsky , co-founder of travel clothing retailer Unbound Merino , this report detailed the way installment payment plans’ popularity have surged during the pandemic, and research correctly suggested it would become only more popular during the holiday season.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

SEPTEMBER 14, 2017

According to the company’s research, education-related spending in Asian, European, African and the Middle Eastern countries increased by 250 percent last year. For a roundup of the latest notable news and trends in the cross-border receivables space, check out the report. without the requirement of a U.S. credit history.

Cross-Border 76

Cross-Border Use Case Process Origination 76

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. This broad category includes startups that entered the market with a retail banking product aimed at digitizing checking & savings accounts and a product for daily use. Freelancers.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

PYMNTS

FEBRUARY 1, 2019

Last year, Venmo launched a Mastercard -branded debit card — one method of monetization, as transactions done on the card can be identified, of course, as originating from Venmo cards. The aim is to enable consumers who use Venmo to spend their balances in more places. Any merchant that accepts Mastercard payments can accept the Venmo cards.

Venmo 71

Venmo P2P Zelle PayPal 71

PYMNTS

DECEMBER 3, 2019

These schemes often originate in chat rooms, as well as on dating and job sites, by scammers posing as representatives for fake charities, potential romantic partners or employers offering work-from-home deals. Helping Consumers, Merchants Avoid Reshipping Scams.

Scams 53

Scams Federal Trade Commission Credit Cards Addressing 53

Stax

MARCH 15, 2024

Security threats can come from anywhere, and that is why you must institute checks and specific credit card processing policies that secure sensitive client details. To decrypt the ciphertext and retrieve the original plaintext, the recipient uses the same algorithm but with the decryption key. Enter secure payment systems (SPS).

Process 88

Process Security PCI DSS Encryption 88

PYMNTS

AUGUST 20, 2019

The battle for dominance in this emerging connected-vehicle landscape is a complicated, multiple-part effort that includes payment, commerce and other tech firms, original equipment manufacturers (OEMs) and operating system providers. Among the main challenges? Amazon wants to get into the car in a big way,” he told Bloomberg.

Origination 68

Origination Payments Checks Research 68