PYMNTS

APRIL 10, 2019

Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders: compliance. ” Electronic invoicing requirements are one example of markets’ heightening focus on tax compliance. . That burden can come in many forms. Audit Targets. “They are now audit targets.”

Taxes 139

Taxes Compliance Regulation Data 139

PYMNTS

OCTOBER 27, 2019

The solution is designed to remove friction from the user onboarding process, while also preventing online identity fraud and meeting anti-money laundering (AML) and know your customer (KYC) compliance rules. Jumio has announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution.

Tools 104

Tools Big Data Fraud Data 104

CFPB Monitor

SEPTEMBER 8, 2022

He advised banks to closely monitor risk and compliance in these partnerships.

Fintech 146

Fintech Risk Management Conference Lending 146

Bank Innovation

FEBRUARY 13, 2019

This means Santander is poised to tap into IBM's AI, blockchain and big data offerings. IBM today announced a five-year, $700 million agreement it reached with Banco Santander that will enable the Madrid, Spain-based bank to “accelerate and deepen” its digital transformation to a more open, flexible institution.

Big Data 199

Big Data blockchain Data Operations 199

PYMNTS

FEBRUARY 5, 2020

How that will affect merchants’ online promotional activity hangs in the balance. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. That’s a bad moon rising for some Big Data operators.

Google 288

Google Data Regulation social media 288

PYMNTS

OCTOBER 10, 2016

203 billion to be spent on Big Data analytics solutions by 2020 , said IDC, highlighting banking and manufacturing as the industries that will fuel this spend. That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions. One-fifth of U.K.

Big Data 100

Big Data Analytics Data Survey 100

PYMNTS

SEPTEMBER 4, 2019

The site reported that as part of the authority’s “Banking Made Easy” program, lenders are now allowed to use big data analysis to examine and approve credit applications. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

MARCH 19, 2018

The European General Data Protection Regulation ( GDPR ) framework looms, with a deadline of May 25, 2018. Big data application provider Solix, for example, said earlier this year that two thirds of firms are not sure if individuals’ personal information has been cleansed from systems.

Analytics 124

Analytics Data Compliance Tools 124

PYMNTS

MARCH 8, 2019

That risk is missing out on the potential reward of monetizing data in a pragmatic way that doesn’t run afoul of compliance issues — which, Koch told Webster, comes in the form of a margin that can exceed 85 percent. Maybe you want to create the next big AML or fraud prevention product.”. The Three Types Of Data.

Data 170

Data Strategy Maine Compliance 170

PYMNTS

SEPTEMBER 6, 2016

According to Jenkins: “Fraud used to be largely brick-and-mortar-based fraud, but it has now morphed into organized crime and gone cyber — something that is almost impossible to fight without Big Data analytics and supercomputers for tracking.”. But Big Data, Jenkins said, is transforming how security is viewed.

Security 100

Security CA Payments Big Data 100

PYMNTS

JUNE 25, 2018

In the latest Topic TBD , National FS Strategy and Transformation Leader Mitch Siegel at KPMG told Karen Webster that, by and large, too many firms have spent too much time and money on Big Data initiatives — aimed at the consumer experience and on compliance — that have not delivered results.

Data 109

Data Big Data Course social media 109

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Typical Practices of Online Lenders. By Howard Schneider.

San Francisco 70

San Francisco Lending New York City Online 70

PYMNTS

AUGUST 8, 2017

Moreover – the data engine they built is able to sit on top of all that “beautiful” data and find ways not only to organize and use it but also learn increasingly how to do that activity better and more efficiently. Compliance is a big hurdle because when it comes to biometric identification in banking, there is no room for error.

Data 108

Data Technology Retail Report 108

Fintech Labs Insights

OCTOBER 27, 2016

DemystData will use the funds to build its team and expand data partnerships in order to meet increased demand in the U.S. The company leverages big data pulled from in-house and online sources to help banks make informed decisions, improve the user experience, and decrease risk.

Big Data 12

Big Data User Experience New York Data 12

Bank Innovation

DECEMBER 28, 2018

Sharing data while keeping it safe is a major issue for financial service companies. In October, the Financial Services Information Sharing and Analysis Center, an industry group that analyzes and shares cyber and physical threat intelligence, took on the challenge of finding a secure way to transfer information.

Data 186

Data Analysis Fintech Groups 186

Gonzobanker

JULY 28, 2014

There is a new world of mobile delivery, e-documents and big data analytics, and banks want to catch up with the times in applying these technologies to the mortgage business. Online Applications and Borrower Portal. So, as our clients are telling us, it’s time for a change.

System 102

System Lending Data US 102

William Mills

DECEMBER 12, 2017

First up was WMA-client Baker Hill, based in Carmel, Indiana and provider of Baker Hill NextGen , a turnkey online loan application system with a roles-based modern user interface specifically engineered to adapt with the evolving needs of financial institutions. Baker Hill. www.bakerhill.com. 9spokes.com. Intralinks. www.intralinks.com.

Conference 40

Conference Innovation Lending Customer Experience 40

Bank Innovation

JANUARY 31, 2017

More data openness plus more consumer trust equals more business—this appears to be the conclusion multiple companies are reaching, particularly fintechs Envestnet Yodlee and Varo Money.

Data 150

Data Fintech Technology Company 150

Fintech Labs Insights

JUNE 25, 2015

Payments risk & compliance management. Payments gateway for online marketplaces. Online investment manager. Tags: Investing, analytics, BI, big data, information. Total raised: $15.2 Source: The Oregonian. HQ: Palo Alto, California. Latest round: $12 million. Total raised: $21.5 Source: FT Partners.

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

Bank Innovation

MARCH 1, 2017

We have a lot of brain power, a lot of computer power—and that computer power is getting cheaper and cheaper—and we are sitting on a pile of data,” Bruno D’Illiers, […]. French bank BNP Paribas doesn’t need to be the first bank to announce innovation—it just wants to be the one that’s best at executing it. “We

Innovation 150

Innovation Data Big Data Analytics 150

Fintech Labs Insights

SEPTEMBER 10, 2015

Online mortgage advisor. Tags: Regulations, compliance, enterprise, bank management. Investment information for professional investors. HQ: San Francisco, California. Latest round: $20 million Series A. Total raised: $20 million. Source: FT Partners. Crowdsourced remittances. HQ: Silicon Valley, California. Total raised: $14 million.

San Francisco 12

San Francisco New York City Company Fintech 12

Fintech Labs Insights

JANUARY 11, 2017

Feedzai ( FEU14 ) uses AI combined with machine learning to analyze sets of big data created during a user’s online sessions to mitigate fraud associated with online account opening, payments, and ecommerce. Regulatory compliance. Current AI application : 4 stars. Potential AI application : 5 stars.

Fintech 12

Fintech Compliance Examples San Francisco 12

Fintech Labs Insights

OCTOBER 22, 2015

Using various types of big data, the dashboard helps analyze: Fund flows between ETFs. Mortgage applications completed online vs. in-app. Audit trails for compliance. It is easiest to understand the power of LiquidLandscape’s platform through examples. Connections between different parts of an organization.

Data 12

Data San Francisco United States Big Data 12

CB Insights

DECEMBER 5, 2017

Assurant most recently made a $5M investment in professional rental management company Vacasa , while AIG made investments in 2015 in construction-site wearable safety firm Human Condition Safety and cyber defense services and compliance firm K2 Intelligence. Number of investments (since 2012): 2. Stated investment focus: N/A.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

AUGUST 16, 2017

Since being founded in 2009, Q&A platform Quora has steadily grown into a robust hub for online discussion: the site allows contributors to respond to posted questions with their own analysis and opinions, which can then be upvoted by other Quora users. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management.

Meeting 68

Meeting US Capital North Carolina 68

Fintech Labs Insights

APRIL 4, 2016

Consumer online investment platform. Tags: SMB, enterprise, analytics, gamification, trading, investing, big data. Latest round: $150 million Private Equity. Total raised: Unknown. HQ: Minneapolis, Minnesota. Source: Crunchbase. Betterment. Latest round: $100 million Series E ($700 million valuation). HQ: New York City.

New York City 12

New York City Company Fintech California 12

Fintech Labs Insights

JANUARY 18, 2016

Online marketplace for real estate investing. Online consumer lending. Data analytics for financial services companies. Tags: Enterprise, BI, metrics, analytics, big data. Total raised: $136.7 HQ: San Francisco, California. Source: Finovate. RealtyMogul. Latest round: $18.4 million ($1.5 million equity, $16.9

Company 12

Company New York City Fintech San Francisco 12

CB Insights

AUGUST 14, 2017

Since being founded in 2009, Q&A platform Quora has steadily grown into a robust hub for online discussion: the site allows contributors to respond to posted questions with their own analysis and opinions, which can then be upvoted by other Quora users. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management.

US 28

US Capital North Carolina Data 28

CB Insights

JULY 1, 2018

Hopper , for example, is a mobile application that uses big data to predict and analyze airfare. Cybersecurity: Startups in this category include SecureKey Technologies , which develops hardware and software solutions that extend the power of chip-based identity and payment technologies to online and mobile transactions.

Software 78

Software Capital Mobile Technology 78

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Autonomy: Big problems with big data. Pixelon: Online video vaporware. Zenefits skirts compliance regulations. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US. Table of contents. Total Funding: $1.1B.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

APRIL 6, 2017

In order to meet the ever-changing needs of their customers, online retailers have to have the ability to create a great customer experience. PYMNTS: What are some data or proof points on how the company has helped retailers? But it takes the right approach. PYMNTS: What’s been the biggest hurdle? How did the company overcome it?

Data 101

Data Analytics Customer Experience Branding 101

NCR

SEPTEMBER 8, 2016

This may explain why so many people still show poor attitudes to issues such as online security, as they do not experience the financial consequences of this. Spending seven years in the card and payment processing space and more than twenty years within the software industry specialized in fraud, risk, compliance and security solutions.

Fraud 40

Fraud Industry Software National 40

Fintech Labs Insights

MAY 5, 2016

With its first product, myInvenio , Cognitive Technologies brings the blessings of Big Data visualization to the banking industry. myInvenio analyzes the structured and unstructured data that financial institutions already have in their logs to help managers uncover inefficiencies and discover roadblocks.

Analysis 12

Analysis Data Resources Big Data 12

Gonzobanker

OCTOBER 21, 2015

Robert told the banking industry to embrace compliance as “the hard thing to figure out” that investors look for in startups. Both Barbara and Robert encouraged a hyperfocus on the online channel and Barbara declared an end to fancy MBA language and discouraging meetings to bring in a testing and learning culture of fun. “I

Las Vegas 60

Las Vegas Retail Phoenix Branch Design 60

Fintech Labs Insights

OCTOBER 3, 2016

Earned a spot on the Big Data 50. Added to its Compliance Document Management Solution, CertCapture. Teamed up with WooCommerce to help online merchants manage sales taxes. Unveiled personalized app recommendations for QuickBooks Online. Introduced compliance solution to help meet new FRTB requirements.

San Francisco 18

San Francisco Taxes Lending Colorado 18

Fintech Labs Insights

SEPTEMBER 1, 2016

Online payment service. Big data analytics for financial institutions. Online insurance broker. Tags: Institutions, analytics, BI, compliance, security. HQ: Shenzen, China. Source: Crunchbase. Latest round: $15 million Series B. Total raised: $15 million. Source: Crunchbase. Mobile insurance broker. million Seed.

New York City 18

New York City Company Fintech Comparison 18

Gonzobanker

DECEMBER 22, 2014

The downfall of Bitcoin did to online narcotic sales what the decline of online porn availability would do to the Internet in general. Execution Matters Big-Time Award – Data warehouse. The “We Don’t Need No Stinkin’ Big Data Because Small Data Works Just Fine” Award – Loan pricing engines.

Los Angeles 101

Los Angeles Apple Risk Management California 101