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Cognitive Technology: A shelter in the storm of regulatory change

Insights on Business

It is also an opportunity to implement technology that can facilitate change. However, traditional technology is not the answer. This is capital that cannot be deployed elsewhere or used to create value. It can detect and halt fraud in milliseconds. Companies require cognitive systems that can learn and adapt.

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LendingClub Settles With SEC, DOJ

PYMNTS

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. In 2010, LendingClub added to its war chest with a $24.5 All but three of those loans were paid in full January of 2010.

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Fizzle Of The Week: Munchery And The Suppliers Left Behind

PYMNTS

Despite raising over $125 million in venture funding from the likes of Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital, M13 and others, it seem Munchery couldn’t quite serve up the business needed to stay a going concern. Crypto daily fraud: As much as $2.5

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Meet Our 2023 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker.

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

Fintech Labs Insights

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) (..)

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New World Payments Report Released By Capgemini, BNP Paribas

PYMNTS

Paris-headquarterd Capgemini, a consulting and technology firm, has headlined the report for the past 12 years. Cards still remain the fastest-growing digital payment method since 2010, holding at 11.8 That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR).

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Where are The FinTech Darlings Now?

Jeff For Banks

Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. So I went to the Finovate 2010 Best of Show to see where these firms are now. And I suspect elsewhere.

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