CFPB Monitor

OCTOBER 11, 2018

While the CSBS has not yet filed another lawsuit and there is speculation that it is waiting until the first SPNB charter is granted to do so, a second lawsuit challenging the OCC’s authority to issue SPNB charters was filed last month by the New York Department of Financial Services (DFS) in New York federal district court. (For

Policies 60

Policies Lending Data Online 60

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147

Fintech Strategy Leadership Lending 147

Fintech Labs Insights

DECEMBER 15, 2016

In a round led by Flint Capital, digital identity verification technology specialist Socure has raised $13 million in funding. Featuring participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures, this week’s investment takes Socure’s total financing to more than $17 million.

Capital 12

Capital New York Compliance Millennials 12

William Mills

AUGUST 17, 2016

Between September and October, we’ll see a host of new companies, ideas and innovation, and we’ll hear from the “experts” on those issues we need to pay attention to in 2017. Alternative lenders are learning more about fraud to their dismay and access to capital. The best quote I’ve heard recently is, “Anyone can lend money.

Conference 40

Conference Innovation Las Vegas Colorado 40

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Fraud prevention tools. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Source: Finix.

Online 98

Online Company Retail Payments 98

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 Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 FlexScore was bought by United Capital . HQ: New York City.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

FEBRUARY 3, 2017

It takes more than just one crystal ball to discern which trends will drive fintech innovation in 2017. To this end, here’s a roundup of predictions and prognostications on what the new year will bring in everything from artificial intelligence and the blockchain to payments and banking for the underbanked.

Fintech 12

Fintech Bitcoin Trends Conference 12

Fintech Labs Insights

MARCH 29, 2017

We saw some great stuff at FinDEVr New York last week; stay tuned for videos of the live presentations! Twitter Talk from FinDEVr 2017 New York. The Favorites of FinDEVr 2017 New York. The Favorites of FinDEVr 2017 New York. Stay current on daily news from the fintech developer community!

New York 12

New York Cyber Security Video Capital 12

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. million went to Finovate alum Pindrop to further its phone-based fraud solutions. $5 million went to Finovate alum Pindrop to further its phone-based fraud solutions. $5 Phone-based fraud solutions. HQ: New York City.

San Francisco 12

San Francisco New York City Fintech Company 12

Fintech Labs Insights

SEPTEMBER 10, 2015

FinovateFall 2015 : Mapping Fintech’s International Neighborhood. Feedzai teams up with Socure to combine social biometrics with fraud risk scoring. See Socure at FinovateFall 2015 in New York next week. Fiserv joins Visa, Citi, Nasdaq, and Capital One in f$30 million funding of blockchain startup, Chain.

New York 12

New York blockchain Fraud Capital 12

Fintech Labs Insights

JUNE 16, 2016

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. SigFig brought in $40 million from a blue-chip lineup of financial institutions including Comerica, Santandar, and New York Life. Personal Capital. million Debt.

San Francisco 12

San Francisco Company South Carolina New York City 12

Fintech Labs Insights

NOVEMBER 12, 2015

It was a quieter week in fintech fundings. And we are not sure if the NCR inflow should even be considered “new money.” HQ: New York City. HQ: Buffalo, New York. HQ: New York City. Tags: Enterprise, fraud, security, online banking, payments, API, developers, big data.

New York City 12

New York City Company Fintech San Francisco 12

Independent Banker

DECEMBER 31, 2021

will continue its mission to fund microloans to new small businesses in New York City’s low-income neighborhoods, says president and CEO Carlos P. will continue to work with fintechs, says president and CEO Steve Dehnert. finds talk of raising capital thresholds concerning. Ponce Bank, a $1.5

Community Bank 144

Community Bank Community Lending Louisiana 144

Fintech Labs Insights

AUGUST 5, 2016

Fintech deals by size from 2 July to 8 July, 2016: Qufenqi. HQ: New York City. HQ: New York City. Credit card & mobile payments fraud protection. Tags: Consumers, mobile payments, credit/debit cards, security, fraud protection. Total dollars raised YTD is $17.9 billion, more than double the $8.5

San Francisco 12

San Francisco Company New York City Fintech 12

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Crescent Ridge Capital Partners’ elaborate Ponzi scheme.

Fraud 78

Fraud Las Vegas Company Video 78

Fintech Labs Insights

MARCH 28, 2016

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. HQ: New York City.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

JANUARY 18, 2017

Tickets for upcoming FinDEVr London and FinDEVr New York are at their lowest prices now. Register before Friday for New York to save! Join FinDEVr New York’s Impressive Audience — Save On Tickets Through Friday! PwC and Oracle team up to help FIs meet new accounting standards. On FinDEVr.com.

New York 12

New York blockchain Fraud Community 12

Fintech Labs Insights

JUNE 6, 2016

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Capital Float. Working capital financing. HQ: New York City. HQ: New York City. HQ: Brooklyn, New York. The post Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13 appeared first on Finovate.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

JANUARY 5, 2017

This Series E round brings the New York-based company’s total funding to just over $66 million and bolsters Payfone’s Board of Directors with the addition of Mike Spadafore of Sandbox Industries and Andrew Prozes, the former CEO of LexisNexis.

New York 14

New York Mobile Fraud Capital 14

Fintech Labs Insights

AUGUST 4, 2015

The debt financing adds to the more than $4 million in equity capital Socure has earned. million investment last November that featured participation from ff Venture Capital, Founder Collective, and Two Sigma Ventures. To learn more about our upcoming conference in New York City, visit our FinovateFall 2015 page.

Security 12

Security New York City New York Conference 12

Fintech Labs Insights

MAY 25, 2016

Bessemer Venture Partners, FirstMark Capital, and Rho Ventures also contributed to today’s round, which brings Dashlane’s total funding to $52.5 Together with TransUnion, Dashlane will create integrated services focused on credit monitoring, identity and fraud protection, credit information, and breaches.

New York 16

New York Capital Fraud Tools 16

Fintech Labs Insights

SEPTEMBER 19, 2016

Ripple will use the funding, which takes the company’s total capital to more than $93 million , to grow its customer base and its team, as well as help secure strategic partnerships. In addition to the funding, Ripple announced a number of new additions to its network. These banks include: BMO Financial Group.

San Francisco 12

San Francisco New York Financial Technology Technology 12

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. The Tech Award – Goes to Capital One.

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. 73% of millennials say they would be more excited about a new financial offering from a tech company like Google, Amazon, or Apple than from their nationwide bank. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

Fintech Labs Insights

APRIL 25, 2016

For the third time this year, we tied the single-week record of 39 fintech financing deals. This week, those 39 fintech startups raised a whopping $932 million, (or $680 million not counting the $253 million Bats Global IPO). Aire raised an undisclosed amount to further its new credit scoring system. HQ: Brooklyn, New York.

San Francisco 12

San Francisco Fintech Company Lending 12

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought.

Community 216

Community Fintech Industry Innovation 216

Fintech Labs Insights

JULY 21, 2016

It was a huge week in German fintech funding, coinciding with, but too soon to be caused by, Brexit. All told, 26 fintech companies worldwide raised $281 million during the third week of June including five Finovate alums: Plaid landed $44 million from Goldman Sachs. Fintech deals by size from 18 June to 24 June, 2016: Circle.

New York City 12

New York City Fintech Company San Francisco 12

Fintech Labs Insights

OCTOBER 3, 2016

Forged strategic partnership with United Capital. Named by Self Lender as 1 of 3 startups who is “absolutely crushing it” in fintech. Personal Capital ( FD15 ). Announced new investment of $50 million, with another $25 million coming in 2017. Earned spot on first Forbes Fintech 50. fintech unicorns.

San Francisco 18

San Francisco Taxes Lending Colorado 18

Fintech Labs Insights

JULY 16, 2015

Selecting presenters for this year’s FinovateFall conference in New York was not an easy task, since we received the most number of applications to demo we’ve ever seen. After a month-long screening process, we narrowed the pile to the newest and most innovative ideas in fintech. See you there!

Company 12

Company Mobile Software Big Data 12

CB Insights

AUGUST 1, 2017

In June, The New York Times reported on potential increased legislation intended to keep closer tabs on Chinese investment into the US. We define Chinese investment as participation in private financing rounds by investors (corporate, venture capital, angel, private equity, etc.) headquartered in mainland China.

US 32

US DC Washington Capital 32

Fintech Labs Insights

DECEMBER 4, 2015

Israeli anti-fraud and cybersecurity specialist ThetaRay has locked in a $5 million investment from Chinese e-commerce titan, Alibaba. The investment is part of a larger $20 million round-in-progress that includes participation from General Electric, Jerusalem Venture Partners, and Poalim Capital Markets, along with other investors.

New York 12

New York Big Data Fraud Conference 12

Gonzobanker

DECEMBER 22, 2015

Credit Union: Gulps may have occurred when $3 billion Desert Schools Federal Credit Union signed with recent new technology entrant Corelation , but this San Diego-based core provider and Phoenix area credit union made it happen. New Payment Species Award. Great work on both sides of this high-stakes conversion effort. Tie: Money 2020.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

AUGUST 1, 2016

To give you a sense of the many new ideas at the upcoming FinovateFall conference in New York, we’ve launched our Sneak Peek series. Avoka’s customer acquisition platform integrates multiple fintech services to help banks, wealth managers and insurers use mobile and digital channels to onboard customers.

How To 12

How To Analytics Millennials Data 12

CB Insights

OCTOBER 31, 2017

“The initial 7 years were all about having negative working capital, positive cash flow and a sustained ability to fund our own growth. I started treasuring GMV, room-nights and other ‘vanity’ metrics instead of the fundamentals of cash flow and working capital,” he explained. Those were the only metrics we tracked. Read more here.

Company 78

Company US San Francisco Capital 78

Fintech Labs Insights

SEPTEMBER 1, 2015

To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. Dealflow is building the largest channel for online capital formation. LiquidLandscape is a San Francisco based fintech startup, with operations in London and New York.

Company 12

Company Software Analytics Mobile 12

Lex Sokolin

OCTOBER 14, 2020

Peerless Lending Lending Club represents an era of Fintech credit. So you soldier on and bring in hard-nosed hedge fund capital. So you decide to aggregate your own capital through deposits and buy Radius bank. This geography too had a p2p lending explosion, which in large part involved fraud and bankruptcy.

Lending 52

Lending User Experience Google United States 52