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CashCall, Courts And California’s Increasingly Confusing Lending Market

PYMNTS

Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. All that to say this has been an especially tough week for CashCall, and possibly the entire installment lending industry in the state. At least, they did.

Lending 101
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Grab Reportedly Considered Acquiring 2C2P Pte

PYMNTS

Aung Kyaw Moe, who is a computer programmer and was born in Myanmar, started the company in 2003 in Bangkok. The company reportedly assists firms like Zara, Central Online Shopping and Thai Airways take various payment types online from clients in Southeast Asia. The news comes as Grab raised over $4.5

Report 100
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.

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Fighting digital banking fraud – Part 1: Know the threat

NCR

.” Metropolitan Police Service commissioner Bernard Hogan-Howe said “warning lights are flashing”, with the full extent of online crime and fraud only just becoming clear. million people over the past year, marking a record high since Javelin began tracking identity fraud in 2003.

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The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)

PYMNTS

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.

Cards 189
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Sizzle Or Fizzle: The Ant Financial IPO?

PYMNTS

As is well known by now, Ant Financial , the Chinese micro-lending Internet player, has raised a whopping $4.5 Alt lending. The degree to which alt lending will fizzle is – or will soon be – in the hands of the CFPB. Hints about their positions on payday lending are expected next Thursday (May 5). Unicorns are one thing.

Apple 100
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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. By Ed Avis.