PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. India-based expense management startup Fyle announced $4.5 Australia’s ANZ Bank led a $1.56

Capital 128

Capital Lending California Regional 128

PYMNTS

NOVEMBER 7, 2018

Management also stated that the CLUB Certificate Program — defined as whole loan transactions structured as tradable pass-through securities — is nearing the $1 billion mark, after having been launched less than a year ago, in December of 2017. This is evidenced in the phenomenal growth of our CLUB certificate program.”.

Taxes 159

Taxes Management Risk Management Capital 159

PYMNTS

JULY 14, 2020

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Leveraging Risk the Right Way. The account comes with 1.30

Lending 130

Lending FDIC Minneapolis Utah 130

PYMNTS

MAY 11, 2018

million in Series A funding for its expense management solution aimed at reducing businesses’ reliance on expense reports, instead linking employees to company credit cards that support real-time spend visibility. The company provides cyber insurance for the enterprise coupled with real-time risk management and mitigation.

Analytics 109

Analytics blockchain California Lending 109

PYMNTS

NOVEMBER 22, 2016

Digital risk management company RiskIQ released its Black Friday eCommerce Blacklist , which identified that one in 10 Black Friday-specific apps out of the 5,315 total that can be found searching “Black Friday” in global app stores is malicious. Black Friday isn’t just delivering on the deals this year.

Mobile 100

Mobile Branding Risk Management Study 100

PYMNTS

JULY 22, 2016

Investors seem confident in the industry’s startups and their ability to provide adequate risk management and underwriting for their loans; VCs provided more than $11.5 million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. million funding round.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

SEPTEMBER 26, 2016

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets. China, to start, surpassed the U.K.

Report 100

Report Payments blockchain Security 100

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Its pitch to the family is to use their local Mastercard branded credit or debit card to make those payments.

Lending 100

Lending Apple Cards Study 100

FICO

SEPTEMBER 30, 2022

Burcu Çalıcıoğlu has more than 18 years of risk management experience in banking and financial services and held various roles in managing retail credit portfolios, leading risk technology projects, using decision analytics and automated decision systems to solve complex business problems across the credit life cycle.

Meeting 52

Meeting Analytics Management Strategy 52

CB Insights

NOVEMBER 21, 2019

Qualifying top five venture capital investors (e.g. venture capital, growth equity, and super angel) and corporates (e.g. corporations and corporate venture capital) must have made equity investments into fintech companies listed on this market map. Capital markets. Wealth management. Real estate. Regulatory tech.

Fintech 93

Fintech Marketing US Technology 93

Independent Banker

NOVEMBER 25, 2015

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. Now it has a small-business financing program, Square Capital.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

MARCH 10, 2017

In response, the external digital risk management team recently released its research assessing dark web and criminal chatter related to tax fraud so far this year. Cybercriminals aren’t always going to go after credit card information, because they don’t have to.

Taxes 144

Taxes Fraud Risk Management Data 144

PYMNTS

DECEMBER 16, 2019

Apple has introduced a credit card and companion card app with personalized offers and an easy customer interface to drive more Services revenue. Governments and others that distribute funds will have a digital means to do so, securely and compliantly, with the knowledge that funds will reliably reach those for whom they are intended.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JANUARY 1, 2020

Apple has introduced a credit card and companion card app with personalized offers and an easy customer interface to drive more Services revenue. Governments and others that distribute funds will have a digital means to do so, securely and compliantly, with the knowledge that funds will reliably reach those for whom they are intended.

Innovation 174

Innovation Cards Google Payments 174

CB Insights

FEBRUARY 20, 2020

Two of the most recent unicorns are vertical payments processor Flywire , which raised a $120M Series E from Goldman Sachs, Temasek, Tiger Global, and Adage Capital Management in February 2020 at a $1B valuation, and point-of-sale payments startup Pine Labs, which closed a corporate minority round from Mastercard in January 2020 to reach a $1.6B

Fintech 80

Fintech US Lending Cards 80

Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks.

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. In 2010, LendingClub added to its war chest with a $24.5

Lending 135

Lending Fraud Management San Francisco 135

Gonzobanker

DECEMBER 22, 2020

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). You know that dog either has Capital One or Delta Amex.

Idaho 172

Idaho Community Industry Strategy 172

PYMNTS

OCTOBER 12, 2017

SecurityScorecard , the risk management firm whose platform helps provide security ratings, said Thursday that it raised $27.5 The latest round, the company said in a statement, was led by Nokia Growth Partners (NGP) with participation from Moody’s Corporation, AXA Strategic Ventures and Intel Capital.

Security 164

Security Risk Management Data Capital 164

Insights on Business

JUNE 28, 2018

Some of the biggest applications of AI today in banking and finance are in front-end customer service like chatbots or virtual agents, or in the securities sector by identifying credit card fraud and helping to detect money laundering/creating digital trust, and lastly in the simple task of automating redundant processes.

Compliance 70

Compliance Case Study Analysis Analytics 70

Abrigo

MAY 22, 2024

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. At the same time, 59% pursued credit to meet operating expenses.

Lending 195

Lending St. Louis Community Marketing 195

FICO

JUNE 15, 2023

Wed, 03/08/2023 - 22:14 jessica shortt by TJ Horan Vice President, Product Management expand_less Back to top Thu, 06/15/2023 - 15:05 As someone who has made a career in the payments industry, I feel a little weird making this bold statement: it has become too easy to send money to other people. TJ holds a B.S. in computer science and a M.S.

Fraud 52

Fraud South Carolina Survey Management 52

Lex Sokolin

SEPTEMBER 3, 2020

Who secures it? We know that financial infrastructure derives both (1) top down, from the powers of the State over moneys and the risk-taking institutions that are entrusted to safekeep such value, and (2) individual human behaviors like paying, saving, trading, investing, and insuring. There is a trust link and reputational capital.

blockchain 52

blockchain Software Capital Technology 52

Abrigo

APRIL 22, 2024

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. At the same time, 59% pursued credit to meet operating expenses.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

MAY 21, 2020

Aegean Baltic Bank of Greece announced late last week that it will implement risk management technology from Wolters Kluwer. According to the bank, Wolters Kluwer’s OmeSumX for Regulatory Reporting and its OneSum X for Risk Management solutions will enable the FI to promote compliance with Basel IV and CRD V requirements.

Fintech 173

Fintech Compliance Risk Management Lending 173

PYMNTS

MAY 27, 2020

This week’s look at the latest in payments rails innovation finds players including Mastercard, Aflex and Paycor targeting existing card and ACH rails to expand their use for corporates, with a focus on reconciliation, data capture and transparency. Adflex Eyes Card Rails For B2B. Paycor Certified By NACHA.

Payments 231

Payments Cards Resources Compliance 231

Fintech Labs Insights

MARCH 1, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Snoopwall landed a cool million for its security solutions. FlexScore was bought by United Capital . Data security for financial institutions.

New York City 12

New York City Company Fintech San Francisco 12

Tomorrow's Transactions

JANUARY 29, 2016

It won’t be too hard to these organisations to find some incentive for customers to do this and once permission is granted then the third-parties can bypass existing card schemes and push payments directly to their own accounts. Others will simply become utilities, highly regulated pools of capital.

Regulation 39

Regulation Industry Compliance Cards 39

CB Insights

NOVEMBER 2, 2017

It’s been nearly a decade since the financial crisis exposed how a weak risk management framework and lack of governance can almost permanently debilitate even one of the strongest capital markets. Fenergo has raised $80M in equity funding from Insight Venture Partners, Investec Ventures, and Aquiline Capital Partners.

Compliance 72

Compliance Regulation blockchain Software 72

Lex Sokolin

JULY 1, 2019

Goldman Sachs entered and dominated personal digital lending, runs a neobank and roboadvisor, bought a large digital wealth footprint in United Capital, launched a credit card in partnership with Apple, and is now looking into cryptocurrency stablecoins ?—?something Do you think we will see another moment like this in our careers?

Bitcoin 40

Bitcoin System Software blockchain 40

South State Correspondent

JANUARY 30, 2024

Benchmarking can help banks better optimize capital as it gives bank management a sense of what the average is for the industry. As such, IT employees are expected to make up a larger percentage of total employees this year because of staff cuts and the increase of more information security, AI, and data management personnel.

Capital 195

Capital Operations Customer Experience Comparison 195

PYMNTS

SEPTEMBER 3, 2018

The charges came three months after a previous legal action, where Holmes was on the receiving end of a civil lawsuit from the Securities and Exchange Commission (SEC), amid allegations of “massive fraud.” The company won’t receive any proceeds from the IPO, which implies a market capitalization of 7.1 billion euros.

Branding 100

Branding Cards Fraud Marketing 100

Jeff For Banks

JANUARY 18, 2014

Incidentally, your QE 1 to 3 programs ran for six years, accumulated three trillion dollars of securities, and pushed long term rates lower when your forward guidance could not do so. and Janney Capital Markets at 2.1% Businesses are still cautious in capital spending. Thanks for reading and Happy New Year!

Philadelphia 83

Philadelphia Policies US Marketing 83

FICO

MAY 18, 2020

For example, card clients saw a 10x increase in their provisions on their card portfolios. This view has been supported by the European Banking Authority, the European Central Bank, the European Securities and Market Authority and the Prudential Regulation Authority. Immediate Modelling Considerations with COVID-19.

Regulation 52

Regulation Operations Management Data 52

Fintech Labs Insights

NOVEMBER 17, 2015

The company launched its BillPay and Secure Web Sign-In at FinovateSpring 2015 in May. Stratos presented its wallet-simplifying, Bluetooth Connected Card with enhanced security, and emerged from the same New York round as fellow Finovate alum, Wealthforge. Capital Preferences. AimBrain Solutions. Canopy (Mesitis).

San Jose 12

San Jose New York Michigan Virginia 12

PYMNTS

DECEMBER 10, 2019

The tools we use to detect, score and prevent fraud — particularly card-not-present fraud in digital transactions — have improved exponentially in the last half-decade. As of today, 85 percent to 95 percent of synthetic fraud identities are easily slipping past risk detection systems that are failing to flag them.

Fraud 158

Fraud System Data Tools 158

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. Digtial currency management for small businesses. Wealth management. Pindrop Security. Bigstone Capital. Investor tools to manage carbon risk. million to alt-auto-title lender Finova Financial. $17 Source: Finovate.

San Francisco 12

San Francisco New York City Fintech Company 12