PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. Despite lending £6.7

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

NOVEMBER 5, 2020

Ant Group 's initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. That, according to Ant Group, could take as much as six months.

Groups 189

Groups Regulation Lending Financial Technology 189

CFPB Monitor

FEBRUARY 13, 2017

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. Big data report. In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers.

Report 68

Report Big Data Lending Survey 68

PYMNTS

OCTOBER 13, 2019

High-interest consumer loans — often known as payday advances — are now banned from having apps on the Google Play store, The Wall Street Journal (WSJ) reported on Sunday (Oct. Among the lenders affected by the new restriction is CURO Financial Technology Corp. The battle over payday lending — specifically, how tough U.S.

Google 156

Google Policies Ohio California 156

PYMNTS

APRIL 30, 2019

As reported this past week, per Yahoo Finance , Ireland wants to see as many as 50,000 people employed directly within the country’s international financial services sector, with a target date of 2025. Separately, Ireland-based FinTech Prepaid Financial Services has been granted an eMoney license by the Central Bank of Ireland.

Fintech 189

Fintech Regional Operations California 189

PYMNTS

JULY 11, 2019

With an investment from the top lender in Thailand, Indonesian ridesharing service Go-Jek will reportedly grow its Thai food delivery business and provide more financial services. Siam Commercial Bank Pcl (SCB) said it provided a “significant investment” in the Series F funding round of Go-Jek, Reuters reported.

Lending 100

Lending Financial Technology Online Community 100

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

AUGUST 27, 2019

Ventura County Credit Union will purchase LA Financial Credit Union, giving the combined CU 120,000 members and $1.3 LA Financial is expected to keep its original name but operate as a division of Ventura County CU. billion in assets. For more on these and other credit union news items, download this month’s Tracker.

Data 122

Data Report Los Angeles California 122

PYMNTS

JULY 28, 2016

Financial services company Enova has a new chief financial officer, and he is reportedly looking to take the company in a new direction. Stephen Cunningham was announced as Enova International’s new finance chief, reports this week said. Prior, he was at Discover as corporate treasurer and senior vice president.

Analytics 100

Analytics Lending Data Customer Experience 100

PYMNTS

AUGUST 28, 2019

As reported by AltFi , the People’s Bank of China (PBOC) has said that the sector represents a “new” growth engine. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

OCTOBER 4, 2016

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. According to a report, which cited an email Prosper sent investors last week, the company will shut down the service on Oct. Media reports said the privately held U.S.

Marketing 170

Marketing Lending Operations Financial Technology 170

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. billion was invested in FinTech startups in Q3 2016 , calculated KPMG and CB Insights in their most recent Pulse Of Fintech report. and Europe dominated in 2015. 83% of U.S.

Strategy 100

Strategy Lending Capital America 100

PYMNTS

FEBRUARY 15, 2019

Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations. The company announced a $30 million Series B investment round this week, led by Accel, said reports in Fortune. Open Financial Technologies.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

JULY 2, 2020

Boost will enable straight-through-processing for BMO Harris Bank’s Approve2Pay Corporate Card solution, enabling that card product to facilitate automated processing, remittance reporting and efficiencies for both buyer and supplier. ” Mastercard, EedenBull Expand Into APAC. Global Cash Card’s Legal Saga Ends.

Cards 208

Cards New York Capital Compliance 208

Fintech Labs Insights

AUGUST 30, 2016

Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. Integrated loan processing, reporting and analytics tools. Lecker has over 25 years in the ABL industry in a variety of IT, finance, and operations roles. Why it’s great.

Financial Technology 16

Financial Technology Technology Analytics Leadership 16

PYMNTS

JANUARY 20, 2020

The nod toward “overseeing the payments system” seems to give a wide berth to the idea that a CBDC could underpin a broad swathe of the Australian financial system, and would keep things closely held. A CBDC would be denominated in the sovereign currency, and convertible at par with other forms of money.”. “In

Retail 219

Retail Payments Bitcoin Policies 219

PYMNTS

OCTOBER 9, 2019

Because threat actors often get recipients’ emails from password breach lists, they sometimes include passwords to lend authenticity,” Hunter Johnson, Cofense Professional Services at Cofense, wrote in a blog post. Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

OCTOBER 1, 2018

The SEC also noted that it will not recommend charges against LendingClub Corporation, because the firm’s board “promptly self-reported its executives’ misconduct following a review initiated by its board of directors.” “By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

APRIL 7, 2020

The company does not traditionally offer loan origination software for banks, but with its digital account opening capabilities already in place, the FinTech was able to wield its technology to facilitate the PPP lending process for FIs. Both categories stand to gain from automated financial technologies. ”

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

MAY 28, 2019

And digital platforms are handling tens of millions of transactions: Fiverr, for instance, recently reported that it has facilitated more than 50 million transactions between 830,000 freelancers and 5.5 million buyers who operate in industries such as website development, logo design and blog writing.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

FEBRUARY 16, 2017

After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? That process isn’t only a challenge, but it’s becoming unacceptable for SMEs that are looking to operate and transact as easily as consumers do, Galit added.

Payments 189

Payments Software Tools Technology 189

PYMNTS

JANUARY 20, 2020

The nod toward “overseeing the payments system” seems to give a wide berth to the idea that a CBDC could underpin a broad swathe of the Australian financial system, and would keep things closely held. A CBDC would be denominated in the sovereign currency, and convertible at par with other forms of money.”. “In

Retail 100

Retail Payments Bitcoin Policies 100

CFPB Monitor

NOVEMBER 22, 2022

The Treasury Department has released a report entitled “ Assessing the Impact of New Entrant Non-bank Firms on Competition in Consumer Finance Markets.” The report was issued in response to President Biden’s July 2021 Executive Order on promoting competition.

Fintech 78

Fintech Report Data Lending 78

PYMNTS

MARCH 23, 2017

The European Commission is hoping to consult with the public concerning the growing market of financial technology as the agency looks to manage policies in the sector. Last year, the commission setup its financial technology task force in response to the effects of digital innovations changing the banking industry.

Fintech 187

Fintech Policies Innovation Financial Technology 187

PYMNTS

OCTOBER 18, 2019

million for its technology that connects companies in the grocery, convenience, health food and artisanal market industry with a B2B eCommerce platform. Mable operates a portal for retailers to procure goods from a range of suppliers and wholesalers — to support product discovering, ordering, inventory management and financing options.

Analytics 101

Analytics Capital Fintech Technology 101

PYMNTS

APRIL 18, 2017

Misys, a financial technology company that enables banks to integrate new tools, is guiding the State Bank of India to an upgraded trade finance service. The project took 14 months, reports said, and onboarded SBI’s trade finance operations across 25 markets into Misys’ single trade finance portal.

Lending 100

Lending Tools Financial Technology Operations 100

PYMNTS

JANUARY 21, 2019

Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as the latest example of companies in payments and FinTech gaining licenses to operate in Europe. There, PSD2 was designed to encourage FinTech and payments innovation. Monzo , a U.K.-based,

Trends 185

Trends Payments Fintech Mobile 185

Fintech Labs Insights

JULY 22, 2015

Please note: Our list includes financial technology companies (either direct services or software) founded since 2000 and valued at $900 million or more. Credit reports. Without those additions, there would be 35 pure-play private fintech unicorns (or 29 if you used a strict $1 billion floor). Real estate. Insurance.

Fintech 12

Fintech Lending Bitcoin Software 12

Independent Banker

OCTOBER 29, 2014

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. However, could the adoption of handheld banking in the real world—as opposed to the anticipatory but still theoretical projections by systems designers and technology pundits—be leveling off?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

AUGUST 3, 2018

While alternative lending scored the most funding, payroll landed the largest single investment round of the week. The company announced this week it raised $3 million in seed funding for its efforts, reports in Cryptovest said, with funding led by ZhenFund, the U.S. C88 Financial Technologies. Logos Network.

Fintech 104

Fintech Capital blockchain Security 104

Independent Banker

OCTOBER 31, 2022

In addition, AI enabled Sunwest to pursue its specialty of solar lending. Stearns is still researching the expansion of AI operational functions, Bidinger says. Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc. For example, Gopal says there is a growing focus on automated lending.

Community Bank 91

Community Bank Community Customer Experience Data 91

William Mills

MAY 11, 2016

Diana Chin (HR & Operations). For issuers, there are nice dashboards and reports. ^SR. BLEND stands for better lending. Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Peer lending solution that’s growing fast.

Video 40

Video Mobile social media Analytics 40

William Mills

SEPTEMBER 9, 2016

International lending platform – Create opportunities for Investors. Regulated Financial Institution. 2015 formed aspire to address inefficiencies in alternative lending market. Built the platform for networking, data management and analytics and reporting. With reporting, can get rid of excel. finovate Tweets.

social media 40

social media ATM Mobile Customer Experience 40

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Goes to MoneyLion for lots of obvious inappropriate behavior including violating the Military Lending Act regarding capped lending rates. Acquisition of the Year: The No Time to Breathe Award. The Appropriate CFPB Target Award. Q2’s Joe Cody.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. “Reports of my death have been greatly exaggerated” – probably Max Levchin, CEO of Affirm. The Monty Python “Biggus Dickus” Award – goes to Sen.

Fintech 195

Fintech Community Regional Technology 195

William Mills

SEPTEMBER 7, 2016

operation of Russian-based company. Some of the best voice and handwriting recognition technology has come from sciences from Russian; some still there, others that have relocated to Israel and other countries. Command center for small business lending. This triggers activity and lending platform. No other app does that.

Mobile 40

Mobile Cards Fraud Data 40