PYMNTS
OCTOBER 5, 2016
The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.
Perficient
NOVEMBER 22, 2022
The Act was revisited frequently in the 20 th Century and became the Servicemembers Civil Relief Act in December 2003. The reduced interest rate applies to credit card debts, car loans, business obligations, student loans and other debts, as well as fees, service charges, and renewal fees. Protection for small-business owners.
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PYMNTS
FEBRUARY 27, 2020
credit card debt hit an all-time high of $930 billion, higher than the previous peak hit just ahead of the financial crisis of 2008. Much of the attention out of that report went toward the uptick in delinquencies that has followed up with the increase in card debt. About two weeks ago, U.S. It’s something we are looking into.”.
Fintech Labs Insights
APRIL 12, 2024
Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)
NCR
JULY 28, 2017
million people over the past year, marking a record high since Javelin began tracking identity fraud in 2003. This is partly a result of the expanding rollout of EMV cards and POS terminals , which will reduce card present transaction and counterfeit card fraud.
Fintech Labs Insights
NOVEMBER 19, 2021
Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. Founded: 2003. Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). Patch of Land. HoneyComb Credit. Pittsburgh. Forward Line. IOU Financial. P2Binvestor. Channel Partners. Rank (by FAB score). HQ: Toronto.
Fintech Labs Insights
FEBRUARY 2, 2021
The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. It is the 7th fintech unicorn based in India, and the 4th most valuable. Full Fintech Unicorn List.
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