2001 Innovation Lending 
Bank Innovation
MAY 15, 2016
You could have bought Priceline stock below $10 in 2001. For many years you had little to show for it. From then until 2008, you had some appreciation, but not much. Then the stock shot up above $1,000 (as of writing it is $1,261). Yes that is 100x return from Read More.
South State Correspondent
MARCH 14, 2024
The bank that will be around in the next 50 years will be one that develops the ability to build infrastructure now that allows for efficient innovation in the future. Banks need to evaluate new technology, new lending areas, and new cash management levels to name a few with a longer time horizon and with some process rigor.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
SEPTEMBER 18, 2017
That year, two grocery store owners opened a small business to help merchants trade financial information that would make it easier for all of them to access that information and make lending decisions. The credit score itself, the FICO score, was an innovation brought to market in 1989 by the Fair Isaac Corporation.
PYMNTS
JUNE 10, 2019
iTunes dominated after its 2001 release by putting two things in one place that had never existed before: a digital MP3 player that actually worked, properly paired with a store that made accessing music for a small fee much easier than trying to pirate it. Meanwhile, Jain is the face of SoFi to banks that package its loans into securities.
FICO
OCTOBER 23, 2019
This was not only innovative at the time, but it allowed lenders to have the confidence that they could use the score, regardless of which bureau it came from. One outcome of the growing acceptance of the FICO® Score in lending was that consumers became more aware of us. Innovation has always been at the core of the FICO® Score.
Jeff For Banks
JUNE 2, 2023
The old borrow short, lend long strategy. The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. High-tech employment fell from 12.1
CB Insights
OCTOBER 29, 2018
The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Date: September 3, 2001. Microsoft and Nokia. Price: $7.9B.
Expert insights. Personalized for you.
170 
Let's personalize your content