PYMNTS

JANUARY 25, 2021

This increased digital engagement can create challenges, however, as it opens up new avenues for fraud in addition to making transactions more convenient for customers. A Lloyds Bank study found that this type of fraud has increased fivefold over the past year, accounting for up to 1 percent of all loan applications.

Fraud 235

Fraud Digital Banking Missouri Trends 235

PYMNTS

JULY 6, 2020

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the only company at the center of questionable activity. 34 percent of furloughed employees were asked to commit furlough fraud , according to a survey from U.K.-based

Fraud 148

Fraud Missouri California Report 148

CFPB Monitor

AUGUST 14, 2018

The CFPB announced that it has settled a lawsuit that it filed in 2014 in a Missouri federal district court alleging that the defendants engaged in unlawful online payday lending schemes. The CFPB had sued Richard Moseley Sr., Mr. Moseley has appealed his conviction.

Online 79

Online Lending Missouri Fraud 79

CFPB Monitor

DECEMBER 4, 2020

As described in the FTC’s complaint filed in a Missouri federal district court against Midwest Recovery Systems, LLC and its owners, this practice, also referred to as “passive debt collection,” involves the placing of purported debts on consumers’ credit reports without first attempting to communicate with consumers about the debts.

Missouri 137

Missouri Exercises Report Lending 137

Fintech Labs Insights

MARCH 1, 2016

Fraud protection for e-commerce. HQ: Missouri City, Missouri. Tags: Consumer, lending, loans, underwriting, Equitable Bank (investor). Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. Receivables financing for small business. Latest round: Undisclosed Seed. Total raised: Unknown. Latest round: $1.5

New York City 12

New York City Company Fintech San Francisco 12

PYMNTS

DECEMBER 16, 2020

The companies said in the release that Welcome’s selection of PSCU came after a “comprehensive review process,” with PSCU standing out for its “industry-leading technology, API connectivity, fraud capabilities, overall product portfolio and 24/7 service model.”.

Technology 154

Technology Cards Missouri Florida 154

Fintech Labs Insights

JUNE 25, 2015

That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). Fraud detection. Louis, Missouri. Tags: Lending, underwriting, consumer, loans, P2P, crowdfunding, investing. billion valuation. Total raised: $10 million. Source: Crunchbase. Source: Finovate.

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12