CFPB Monitor

OCTOBER 6, 2022

On September 29, 2002, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against online lender MoneyLion Technologies, Inc, and several dozen of its subsidiaries (collectively, “MoneyLion”), alleging violations of the Military Lending Act (“MLA). 10 U.S.C. § 987(c), 32 C.F.R. 12 U.S.C. §§ 5531, 5536(a).

Online 78

Online Regulation Policies Course 78

PYMNTS

DECEMBER 16, 2020

Wish, founded in 2010 by former Google engineer Peter Szulczewski , has become known as a market for low- and middle-class shoppers, gaining it a reputation as an online dollar store, CNBC reported. Other online sensations like Airbnb and DoorDash have skyrocketed after their debuts. The company has become one of the U.S.'s

Capital 234

Capital Online America Google 234

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. Within that, how much is online? That partnership will seek to leverage insight into both online and offline channels.

Online 101

Online Retail Branding Data 101

PYMNTS

MARCH 18, 2016

The company, oft referred to as the “Salesforce of Wholesale,” aims to bring business-to-business commerce into the digital age with software that enables wholesale businesses to sell online. To date, the company has raised a total of $23.5

Online 100

Online New York City Software New York 100

Bank Innovation

JANUARY 19, 2018

EXCLUSIVE – Since its launch in 2010, Citi Ventures has focused on investments that are strategic to its parent, the global financial services provider Citigroup. But when your parent company is a bank that spans the world, you can get involved with a lot of things.

Company 284

Company Capital blockchain cryptocurrency 284

The Paypers

FEBRUARY 2, 2021

According to data presented by Trading Platforms, online banking penetration in UK reached 76% in 2020 compared to 42% in 2010.

Online 31

Online Data 31

PYMNTS

JUNE 23, 2020

The number is the highest since 2010’s 44 percent, the index says. Online medical programs such as Teladoc have become more widely-used during the pandemic due to the move toward digital means as people are forced to re-negotiate their lives for fear of infection. The number of small U.S. Nicholas Bohnsack , president of U.S.

US 175

US Data Comparison Millennials 175

PYMNTS

AUGUST 23, 2019

90 percent: Share of sports bets that will be placed online via a mobile device by the end of the decade. 10: Number of states that have passed online sports betting regulations since 2010. trillion: Total income derived from the gig economy in 2018. 18: Number of months set aside for SCA implementation.

Meeting 138

Meeting Online Regulation Data 138

PYMNTS

OCTOBER 11, 2018

Online or in the real world, while shopping for goods or ordering food , consumers’ favorite experiences seem to be the ones they can self-direct. 75 percent: Share of online bill payments done on bill payer sites in 2017. 38 percent: Share of online bill payments made through banking apps in 2010.

Data 139

Data social media Online Retail 139

PYMNTS

FEBRUARY 5, 2019

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.

San Francisco 181

San Francisco Charlotte Comparison Online 181

Bank Innovation

JUNE 22, 2018

Founded in 2010, Bolstr is a […]. The most recent example of a bank taking note of this area is KeyBank’s acquisition of Bolstr’s SMB-focused digital lending platform, which it announced this week. Terms of the acquisition were not disclosed.

Lending 210

Lending Tools Examples Online 210

PYMNTS

DECEMBER 15, 2020

Wish, which is based in San Francisco and was founded in 2010 by ex-Google engineer Peter Szulczewski, runs an online marketplace known largely for selling discounted items from China. This helped Wish raise $1.1 billion and gave it an implied market capitalization of $14 billion.

Report 235

Report San Francisco Capital America 235

PYMNTS

AUGUST 16, 2018

bills paid online. trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials.

Industry 105

Industry Payments Online Boston 105

Bank Innovation

FEBRUARY 6, 2019

In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization, economic stability and international commerce. Now, based on the events of the last couple years, no one holds “so Panglossian a view,” said the 30-year-old chief executive officer.

Operations 170

Operations Google Capital Online 170

Bank Innovation

DECEMBER 6, 2018

Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. The face of banking and financial education has changed how we market in the course of a few short years. Smartphones have become the device of choice for well over half of digital media […].

Millennials 170

Millennials Marketing Trends Mobile 170

PYMNTS

FEBRUARY 26, 2019

It might be a bit of a cliché to note that we live in an increasingly connected world – though given that literally tens of billions of connected devices are predicted to go online in the next year or so, it is a mathematically accurate one. billion: The number of stolen emails and passwords that have surfaced online. $30

Policies 134

Policies Data Meeting Security 134

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JULY 10, 2020

China’s global technology company specializing in online retail, and its Russian partners have set a goal of $10 billion in annual revenues by 2022-2023, Reuters reported. A Russian Postal Service official said more than 90 percent of foreign shipments are from China, mostly driven by online orders via AliExpress Russia, the report said. “I

Online 140

Online Maine America Groups 140

PYMNTS

MARCH 16, 2016

The Korea Herald has the story of the lowball pricing war going on between Coupang, one of the country’s fastest-growing online marketplaces, and E-mart, the oldest and largest in-store retailer in South Korea. While overall retail activity rose just 0.5 percent over the same period.

Retail 100

Retail Online Customer Experience Operations 100

PYMNTS

MARCH 3, 2020

Online marketplace and auction site eBay is looking to unload its South Korean unit, according to a report by Reuters. The unit includes one of the biggest online marketplaces in the country, called Gmarket. The deal as a whole could potentially be worth $5 billion.

Online 140

Online Regional Groups Marketing 140

PYMNTS

JULY 9, 2020

Marqeta’s business allows companies to issue credit and debit cards to their staff, and the pandemic has given it a huge boost as people everywhere rely more on online shopping and food delivery, Reuters reported. In May, Marqeta raised $150 million in a private funding round and doubled its value to $4.3

Oakland 184

Oakland California Cards Report 184

PYMNTS

JUNE 25, 2018

online bill payments made by consumers in 2016 were conducted via biller-direct sites — up from 62 percent in 2010. They accounted for 27 percent of online bill payments in 2016, down from 38 percent in 2010. According to a new report from Aite , 73 percent of U.S. Some 73 percent of U.S.

Online 109

Online Payments Groups Report 109

PYMNTS

JUNE 29, 2020

Infraud was created in 2010 by Svyatoslav Bondarenko, 34, of Ukraine, to promote and grow interest in the Infraud Organization as the premier destination for purchasing retail items with counterfeit or stolen credit card information online, the Justice Department alleged in the indictment.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

OCTOBER 5, 2016

Going into a highly competitive 2016 holiday shopping season, the latest news is that the electronics retailer knowingly sold recalled products to consumers for five years from 2010 to 2015. A Best Buy spokesperson said, “[W]e regret that any products within the scope of a recall were not removed entirely from our shelves and online channels.

Data 128

Data Online Retail Report 128

PYMNTS

NOVEMBER 20, 2020

The Silicon Valley company was co-founded in 2010 by former Google engineer Peter Szulczewski, who serves as chief executive officer and controls 65.5 ContextLogic owns other online marketplaces, including Geek, Mama, Home and Cute, according to the Wish website. Wish is the third-biggest eCommerce marketplace in the U.S.

Groups 159

Groups America Google Capital 159

PYMNTS

SEPTEMBER 28, 2020

Take, for example, Italy, where Amazon has been operating since 2010 with what The New York Times describes as rather “muted success” since selling its first children’s book in the nation nearly a decade ago. The degree to which consumers intend to continue shopping online seems to depend on the types of products and services they purchase.

Marketing 237

Marketing Survey Online New York 237

Abrigo

MARCH 3, 2022

Takeaway 2 Since the pandemic, customer expectations surrounding the lending process have changed, and online lending has increased in popularity. Takeaway 3 Community financial institutions can leverage technology to compete with online lenders and regain the small business lending market. Changing Lending Environment.

Lending 195

Lending Community Marketing Community Bank 195

PYMNTS

NOVEMBER 11, 2020

When consumers shop Gap brands online, they can choose Afterpay at checkout and pay for purchases in four interest-free installments. “We The Australian startup founded in 2010 has added a number of new brands over the summer, including Charlotte Tilbury, Fenty Skin, Fila, Huda Beauty, Puma and Vineyard Vines.

Retail 222

Retail Charlotte Branding Millennials 222

FICO

AUGUST 11, 2016

06% from 2010 to 2015, reflecting innovation in card payment security. However, the method of value lost to fraud is shifting to target the transition to online retailing. The further projected increase in online payments over the forecast period suggests additional security measures will be required throughout Europe.

Fraud 40

Fraud Trends Online Payments 40

PYMNTS

JANUARY 8, 2021

Industry leader Blockbuster Video went from a peak of more than 9,000 stores in 2004 to filing for bankruptcy in 2010. and it seems to exist as much as a curiosity, tourist attraction and online source for T-shirts and other souvenirs as it does as a functioning store. Today, only a single Blockbuster remains in Bend, Ore.,

Video 266

Video US Operations Industry 266

PYMNTS

JULY 4, 2017

According to the latest findings of the European Ecommerce Report 2017 , it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years. for example, represents one-third of all European online sales. 30 percent of global eCommerce).

Online 178

Online Maine Retail Report 178

PYMNTS

MARCH 30, 2020

Bad actors can attack debit cards in many different ways, from deploying card skimmers in physical point-of-sale (POS) devices to stealing payment credentials as well as hacking online databases to make off with sensitive card information. Deep Dive: How Card Networks Must Compete For Merchants’ Debit Routing.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

APRIL 28, 2017

India has been the next bastion of growth for eCommerce companies, including Amazon and Alibaba, but the market is still in its infancy, accounting for just 1 percent of the world’s spending online. While the penetration rate has slowed the growth of eCommerce, it also provides a big opportunity as more people in the country come online.

Study 155

Study Online Maine Marketing 155

PYMNTS

SEPTEMBER 17, 2020

the San Francisco-based peer-to peer lending firm and OnDeck Capital, the New York-based online small business lending company, which went public at the time were already trading down, Housing Wire reported. In the company blog at the time, Hsieh said the recent volatility in the stock market, citing rivals LendingClub Corp.

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

DECEMBER 2, 2020

A mega-merger between Grab Holdings and Gojek is getting closer to being realized in what would be the biggest tie-up of online firms in Southeast Asia, Bloomberg reported on Wednesday (Dec. 2), citing unnamed sources. . The news service said the two firms paused talks for six months before re-starting negotiations in September. .

Report 130

Report Operations Branding Mobile 130

PYMNTS

DECEMBER 19, 2019

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. Its merger with Ticketmaster — the dominant online ticketing service — represented a marriage of two of the most powerful forces in the business. It has also built an artist management business.

National 130

National Training Industry Security 130

Fintech Labs Insights

AUGUST 20, 2024

When I started reporting on the space in the mid-90s, I thought banks would end up delivering the bulk of basic accounting functions through their online banking programs. Year founded: 2010 or earlier: 5 2011 to 2015: 5 2016 to 2019: 12 2020: 3 2021 or later: 0 Startup of the Month Bookkeeping built for innovators and growing businesses.

Online 15

Online Miami Detroit Houston 15