Bank Innovation

AUGUST 28, 2019

Fresh off a $260 million Series E funding round, card issuing and processing startup Marqeta is building its team as it expands to new geographies. The Oakland-based company plans to add 175 jobs this year, bringing its total to 400 employees by 2020, CEO Jason Gardner said on Wednesday.

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PYMNTS

SEPTEMBER 15, 2017

The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. I love good banks, and I love good bankers, but we are not the likely source of innovation in financial services,” Taylor noted. “It It has a higher interest rate – 19.99 percent to 29.99

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PYMNTS

JANUARY 31, 2018

Until last week, the card network’s highest-profile efforts have been centered in the developing world – Latin America, Asia Pacific and Africa – in an effort to move cash digital. The needs are no less important in the American market,” he explained. Finding a Focus.

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FICO

JANUARY 10, 2023

This is not only the case for application fraud — where automation is used to create and submit hundreds if not thousands of applications — but also for card fraud. They were able to identify attempts to uncover CVVs on the cards they had issued and could therefore have those cards blocked and reissued. Read the full post.

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FICO

AUGUST 16, 2022

Card Skimming Fraud Grows 700+% in First Half of 2022. Credit card and debit card skimming fraud is back with a vengeance in the US, while other fraud types are seeing global growth. And card skimming is big business; the FBI estimates that “skimming costs financial institutions and consumers more than $1 billion each year.”.

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