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Chase Pay Demise And Gut Check On Lending Dominate Week’s News

PYMNTS

Among the stories we ran over the past few days is a deep look at the problems with Chase Pay, new information about AI fighting fraud, new research into the gig economy and subscriber churn, and a feature about the risks of online disaster relief efforts. Partly Shuttered, Chase Pay Didn’t Pay for Chase In-Store.

Lending 109
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Equifax Still Fights To Regain Trust As Q2 Sales Slump

PYMNTS

Information Services [USIS] business, including lower revenue in both its online information solutions and financial marketing services businesses. The domestic weakness was mainly due to lower revenues in its online information solutions and financial marketing services business in the U.S. Net income fell 12 percent to $144.8

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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158
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LendingTree Launches CRA-Eligibility Tool

Fintech Labs Insights

Online loan marketplace LendingTree launched a new tool to help lenders comply with Community Reinvestment Act (CRA) regulations, which were enacted in 1977 to encourage banks to rebuild communities. LendingTree uses alerts and recommendation engine to show users money-saving opportunities.

Tools 15
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June’s Top 12 Mobile Pay Moments

PYMNTS

On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon. ” RIP CurrentC.

Mobile 104
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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). 15 million to security provider Trulioo. Online identify verification. HQ: Charlotte, North Carolina.

Company 12
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Fintech Fundings: 22 Companies Raise $590 Million Week Ending Oct 9

Fintech Labs Insights

HQ: Durham, North Carolina. Online payments & collections platform. Tags: Consumer, lending, banking, insurance, credit cards, lead gen. Total raised: $262 million (including $150 million debt). Source: Crunchbase. Balance Credit (SunUp Financial). Consumer alt-lender. HQ: Irving, Texas. Total raised: Unknown.