PYMNTS

DECEMBER 17, 2018

Five million dollars will be paid to the treasury; the rest will be paid along with other penalties given to UBSFS by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). FinCEN said UBSFS kept up the lack of regulation for AML from 2004 to 2014.

Policies 137

Policies Security ATM Training 137

PYMNTS

FEBRUARY 23, 2018

Smartphone sales worldwide fell in the fourth quarter of 2017 compared to the same period in 2016, marking the first decline Gartner has seen since the firm started tracking sales in 2004. KGI Securities Analyst Ming-Chi Kuo reduced his lifetime sales forecast for the new iPhone X from 80 million to 62 million phones.

Apple 118

Apple Samsung Analysis Survey 118

PYMNTS

APRIL 21, 2020

Mexico’s eInvoicing requirements began back in 2004, when its tax authority, the SAT, first developed its eInvoicing legal framework. “Nobody will take your money unless it’s cash or secured by a bank-to-bank transaction,” he said, adding that for many payers, “cash is still king.” While the U.S.

Payments 144

Payments Software Taxes Cards 144

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. Sweeping in scope, the AIO guide is very detailed on guidance for different technologies.

Operations 118

Operations Software Risk Management Management 118

PYMNTS

AUGUST 12, 2019

Separately, AppZen, said that within companies themselves, expenses are not monitored as closely as they might be with the aid of technology. The tally means that the monthly reports have a run rate of more than 1,100 as seen last year, and that’s up sharply from the less than 500 reports estimated by FinCEN as of 2016.

New York City 149

New York City Phoenix Fraud Florida 149

PYMNTS

AUGUST 3, 2017

Back in 2004, fraud was on the rise globally. Digital fraud was a new beast, and people didn’t know any better than to be tricked by phishing emails that today would raise red flags for even the most technologically illiterate consumers — sketchy email addresses, poor grammar and those classic sob stories from Nigerian princes, to name a few.

Fraud 123

Fraud Payments Security Data 123

Jeff For Banks

JUNE 2, 2023

percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. Most banks consider their securities portfolio as first and foremost for liquidity.

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

MAY 31, 2018

Standardizing Payment Technology for Smarter, Safer Payments. Originally debuted in 2004 and revised in 2013, it is intended to serve as a common platform for payments messaging between systems in the financial industry. ISO 20022 is designed as a global messaging standard that can be used by all financial standards initiatives.

System 100

System Payments Tools Industry 100

TrustBank

DECEMBER 8, 2022

By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. From 1990-2004, US home ownership rose 7.45% to 69.2% It expanded by 262% from 1990-2004 and by over 369% through 2008. from 1965-1990.

US 52

US Policies Taxes Washington 52

Fintech Labs Insights

APRIL 12, 2024

I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MAY 22, 2017

In 2004, Clarke testified before the 9/11 Commission on the events and conditions that led up to the Sept. PYMNTS’ Karen Webster recently spoke with Clarke, who shared his insights on what the recent cyberattack revealed about the financial world’s security apparatus and what steps are necessary to prevent subsequent attacks.

Regulation 116

Regulation National Online System 116

Banking 2020

OCTOBER 12, 2015

Named after the three organisations that developed the specifications – Europay, MasterCard and Visa – EMV is the global benchmark for credit and debit cards that incorporate chip technology. EMV cards have embedded microprocessors that make them much more secure than traditional magnetic stripe cards. Who uses EMV?

Fraud 40

Fraud Cards Security Data 40

Gonzobanker

NOVEMBER 17, 2016

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. Megatrend #2 – Secure and Compliant is a Non-Negotiable. How ironic is that in the journey to frictionless? Keep your eyes on this innovator.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

CB Insights

APRIL 17, 2018

We used CB Insights data gathered via our machine learning technology (dubbed The Cruncher ) and from thousands of submissions we received from VC partners and firms via The Editor. In October of 2004, Josh founded First Round Capital where he serves as General Partner to this day. 2018 VC Report: AI FUNDING LEPT 29% IN US.

San Francisco 71

San Francisco CA Capital Operations 71

Fintech Labs Insights

DECEMBER 7, 2020

But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. Ant Technology. Plaid Technologies. Fintech Startup of the Week: Secure to Make Emergency Savings Plans as Ubiquitous as the 401k. Unicorn count: Beginning = 118. +

United States 15

United States Fintech Portland Oregon 15

Independent Banker

SEPTEMBER 21, 2015

In early 2004, examiners visited her $253 million-asset bank, an experience that revealed a need—someone with a stronger compliance background. “I Bank security. Information technology. By Ed Avis. The programs involve several days of classroom instruction held at various parts of the country throughout the year. Compliance.

Compliance 70

Compliance Community Bank Community Training 70

Fintech Labs Insights

MARCH 1, 2017

The card issuer announced a deal with fashion jewelry maker, DCK Group and another with technology innovator, Tappy Technologies, that will bring contactless payment functionality to the watches and other accessories sold at U.K.’s This week’s deal is far from Barclaycard’s first foray into wearable technology.

Payments 12

Payments New York Technology Conference 12

South State Correspondent

OCTOBER 25, 2023

After World War II, checks were the hot payment technology and helped fuel the boom that followed. The process was sped up by technology and legislation in the 70’s and 80’s so checks could be scanned and presented faster, but the process remained costly. Checking accounts in the U.S. From there, checks steadily declined.

Fraud 195

Fraud ATM Payments Management 195

Jeff For Banks

OCTOBER 11, 2011

In another easing action dubbed “Operation Twist,” the Fed stated that they will sell $400 billion of their shorter securities (less than 3 year maturities) and buy the same amount of longer securities (6 to 30 year maturities) by June, 2012. He had a profound influence on so much of the technology that we use in our daily lives.

DC 66

DC Security Washington Risk Management 66

CB Insights

OCTOBER 26, 2020

At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing. But there’s no question that the way these institutions function has shifted, pushed along especially by the financial crisis and technology trends. Table of contents.

Management 78

Management Capital Company Marketing 78

PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” It’s secure, it’s cheap, it’s faster than a speeding bullet. Is it one those amazing blockchain things?

Bitcoin 100

Bitcoin blockchain Video Apple 100

CB Insights

DECEMBER 4, 2019

It is a notable pivot from Amazon’s IP strategy, where the playbook has been to build, patent, and keep proprietary technology in-house to fuel Amazon’s marketplace. FIS is also one of the biggest providers of core banking processing and has integrations with Q2 technologies. That scale would make Amazon Go a $4.5B

Cards 101

Cards Lending Strategy US 101

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). The Tracker highlights the contribution of different stakeholders, including institutions and technology coming together to make faster payments happen. We hadn’t done that before,” Nelson said.

Exercises 119

Exercises Resources Industry Cyber Security 119

PYMNTS

NOVEMBER 14, 2016

You’ve got to offer solutions that shake up the status quo, while also providing new and updated technology that makes payments easier, faster and more secure. Our customers are the ones using our technology solutions every day, and their insights are valuable to our continued success and competitive positioning.

Payments 100

Payments Innovation Apple Cards 100

CB Insights

JUNE 6, 2019

Coda Automotive sought Chapter 11 bankruptcy protections in May 2013, and announced it was restructuring its business as a battery technology company. Coda’s unsold vehicles were later acquired by Mullen Technologies, an electric vehicle company based in California. No AdMob, no product. Founded: 2013. Declared Bankruptcy: 2018.

Apple 78

Apple Branding Google Company 78

CB Insights

DECEMBER 7, 2017

Mortgage technology startups are companies that apply digital processes to mortgage origination, underwriting, servicing, investment, and other associated business activities. The graphic below highlights several of the prominent technology startups now active across the mortgage industry. What is mortgage tech? Mortgage Tech.

Millennials 69

Millennials Lending United States Technology 69

Fintech Labs Insights

NOVEMBER 22, 2021

Ant Technology. Plaid Technologies. Value Date. Sub-Category. 5 Nov 2021. 5 Nov 2021. 2018 round. 5 Nov 2021. 5 Nov 2021. Nov 2018 transaction. 5 Nov 2021. 5 Nov 2021. 5 Nov 2021. Secondary market May 21. Checkout.com. Jan 2021 round. 5 Nov 2021. April 2021 round. Infrastructure. Oct 2021 round. One97 (PayTM). 22 Nov 2021. Netherlands.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

Ant Technology. Plaid Technologies. Value Date. Sub-Category. 5 Nov 2021. 5 Nov 2021. 2018 round. 5 Nov 2021. 5 Nov 2021. Nov 2018 transaction. 5 Nov 2021. 5 Nov 2021. 5 Nov 2021. Secondary market May 21. Checkout.com. Jan 2021 round. 5 Nov 2021. April 2021 round. Infrastructure. Oct 2021 round. One97 (PayTM). 22 Nov 2021. Netherlands.

Fintech 15

Fintech Lending Payments Security 15

CB Insights

MAY 9, 2019

How Google X is taking self-driving car technology from moonshot to $70B juggernaut. Google executives have had to revise their predictions with regards to when the technology will be ready several times. The Kindle was developed at Amazon’s newly created Lab126 between 2004 and 2007. Waymo (Google X).

Innovation 76

Innovation Apple Google System 76

Fintech Labs Insights

FEBRUARY 15, 2022

Fintech Unicorn count: Beginning (Jan 1, 2022) = 271 Plus: 9 born this month (see Table 2, below) 1 previous unicorn added this month (Citadel Securities) _ Total (Jan 31) = 281. Ant Technology. Citadel Securities. Plaid Technologies. Their total market value is now $2.1 trillion, down $110B from last month. Value ($B).

Fintech 15

Fintech Lending Technology Payments 15

Fintech Labs Insights

FEBRUARY 1, 2022

1 previous unicorn added this month (Citadel Securities). _. Ant Technology. Citadel Securities. Plaid Technologies. Their total market value is now $2.1 trillion, down $110B from last month. Unicorn count: Beginning (Dec 1) = 271. Plus: 9 born this month (see Table 2, below). Total (Dec 31) = 281. Total market value.

Fintech 15

Fintech Lending Technology Security 15

Fintech Labs Insights

JANUARY 21, 2022

Ant Technology. Plaid Technologies. Value Date. Sub-Category. 2018 round. Mar ’21 round. Aug ’21 round. FTX Exchange. Oct ’21 round. South Korea. Accounting. Secondary market May 21. April ’21 round. Infrastructure. Dec ’21 round. Sep ’21 round. June ’21 round. Netherlands. Nov ’21 round. Estimate based on ’21 IPO value. Nov ’21 round.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

OCTOBER 19, 2021

Ant Technology. Plaid Technologies. Value Date. Sub-Category. 9 Sep 2021. 9 Sep 2021. 2018 round. 9 Sep 2021. 9 Sep 2021. 9 Sep 2021. 9 Sep 2021. New Zealand. Accounting. 9 Sep 2021. Nov 2018 transaction. 9 Sep 2021. 9 Sep 2021. Checkout.com. Jan 2021 round. 9 Sep 2021. April 2021 round. Infrastructure. 9 Sep 2021. Tinkoff Bank.

Fintech 15

Fintech Lending Payments Analytics 15

Fintech Labs Insights

DECEMBER 20, 2021

Ant Technology. Plaid Technologies. Value Date. Sub-Category. 2018 round. Mar 2021 round. Aug 2021 round. FTX Exchange. Oct 2021 round. New Zealand. Accounting. Nov 2018 transaction. One97 (PayTM). April 2021 round. Infrastructure. Oct 2021 round. Tinkoff Bank. Nov 2021 round. Sep 2021 round. June 2021 round. Netherlands. Q2 Holdings.

Fintech 15

Fintech Lending Payments Security 15

CB Insights

FEBRUARY 28, 2019

Be fearful when others are greedy and greedy only when others are fearful.” ( 2004 ). If investors can do that, they’ll naturally tend to go in the opposite direction of the herd—to “be fearful when others are greedy and greedy only when others are fearful,” as he wrote in 2004. “So what did we progress to by the 1990s?”

Omaha 78

Omaha Company Capital Management 78

Fintech Labs Insights

JULY 7, 2021

Trulioo , Canadian fintech security company. Ant Technology. Plaid Technologies. -based wealth management platform. 102(t): $2.1B Mercado Bitcoin, Brazillian crypto exchange. 105(t): $2.0B Clip , Mexican payments startup. 105(t): $2.0B Bunq , banking startup from The Netherlands. 121(t): $1.8B Ledger , French crypto company.

United States 15

United States Fintech Bitcoin Capital 15

CB Insights

SEPTEMBER 10, 2019

The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. The generation’s disenchantment with traditional banking institutions is driven by a number of frustrations, including difficulty resolving problems (55%), standing in long lines (37%), and technology failure (33%).

Millennials 77

Millennials Mobile Lending Cards 77