Bank Innovation

FEBRUARY 3, 2020

million loans since its inception in 2012. Installment lender LendUp, which targets customers underserved by the credit system, has hit a milestone of $2 billion financed through the platform. It’s delivered 6.5 The […].

System 243

System Customer Experience Lending 243

PYMNTS

SEPTEMBER 21, 2020

In response, HSBC issued a statement: “Starting in 2012, HSBC embarked on a multi-year journey to overhaul its ability to combat financial crime across more than 60 jurisdictions,” the bank said in response to the stories by BuzzFeed News and the International Consortium of Investigative Journalists.

social media 297

social media Report Operations Company 297

Bank Innovation

FEBRUARY 19, 2018

KYC is a key tenant of our product set, part of a unit of SWIFT we launched in 2012. EXCLUSIVE— A time-consuming and costly area of banking, Know Your Customer (KYC) and due diligence maintenance could use an upgrade, global payments provider SWIFT told Bank Innovation. It’s part of a bigger play for us,” Paul Taylor, […].

Fintech 239

Fintech Innovation US Payments 239

Payments Dive

APRIL 12, 2022

The flow of venture capital to startups ebbed in the first quarter for the biggest quarterly decline since 2012. Payments players, which have been big beneficiaries of such investments, are beginning to feel the pinch.

Capital 221

Capital Payments 221

Chris Skinner

MAY 2, 2017

RBS, which paid a record fine to regulators for a big systems outage in 2012, hoped to solve its problems by replacing its core processing engine at a cost of £750 million but, in a recent interview, CEO Ross McEwan conceded there was still a big job to reduce the number of systems and applications at RBS from more than 3,000.

System 286

System Survey Software Fintech 286

Bank Innovation

JULY 26, 2019

In 2012, he founded Upstart, a company […]. Dave Girouard, CEO and founder of Upstart, testified before Congress’ Task Force on Financial Technology for its hearing on the use of alternative data in loan underwriting and credit scoring.

Google 210

Google Financial Technology Data Technology 210

Bank Innovation

MAY 29, 2019

Founded in 2012, San Francisco-based Plaid helps customers and banks transmit data back and forth. Fintech startup Plaid Inc. is expanding its footprint into the U.K., a region it believes could eventually match the U.S. in terms of revenue, despite political uncertainty.

San Francisco 199

San Francisco Regional Fintech Data 199

PYMNTS

DECEMBER 9, 2020

The FTC complaint alleges that Facebook has engaged in a systematic strategy — including its 2012 acquisition of Instagram, its 2014 acquisition of WhatsApp, and the imposition of anticompetitive conditions on software developers — to eliminate threats to its monopoly, according to the release.

social media 256

social media Software New York Mobile 256

PYMNTS

DECEMBER 20, 2018

Bloomberg found that people who took out student loans in 2012 have defaulted at a quicker pace than any other borrowers since the financial crisis, and that loans issued in 2012 have the highest cumulative loss percentage when compared to any other year since 2009 when the recession ended.

Analysis 161

Analysis Cards Groups Data 161

PYMNTS

NOVEMBER 9, 2020

This latest expansion — Amazon’s most extensive in Brazil since its 2012 opening — will generate 1,500 jobs and add an additional 807,000 square feet of distribution space.

Capital 289

Capital Data Operations Online 289

PYMNTS

JANUARY 31, 2021

Honest was launched in 2012 and sells its products online and through 32,000 retail locations, according to the statement. “Kelly is a strong female leader with diverse experience growing businesses and her support on our executive team will help drive the business forward,” Alba said in a statement.

Retail 271

Retail Report Strategy Company 271

PYMNTS

NOVEMBER 13, 2020

Since its founding in 2012, Ripple has received funding totaling $293.8 Silicon Valley’s Ripple , a blockchain payments startup, has filed a trademark with the U.S. Patent and Trademark Office (USPTO) for PayString, which will likely be a new offering, according to a report in CoinDesk on Friday (Nov.

blockchain 257

blockchain San Francisco United States Security 257

PYMNTS

DECEMBER 17, 2020

The IPO filing marks the endpoint of Coinbase's years of development, coming a long way from its 2012 debut to now host around 35 million users. All of this has helped bitcoin become one of the best-performing assets this year.

Bitcoin 271

Bitcoin cryptocurrency Massachusetts Report 271

Chris Skinner

JULY 5, 2017

Turkish banks launched the world’s first national digital wallet, BKM Express, as early as 2012. Turkey was the first European country that issued a contactless credit card in 2006 and the third European country that fully completed the Chip & PIN migration after France and the UK in 2007.

National 300

National Cards Innovation Marketing 300

Chris Skinner

JULY 3, 2017

Here are the key highlights: Over the past five years customers’ activity on banking apps rocketed by 354%, with apps now an increasingly popular way to access current accounts rising from 21% of access in 2012 to 61% by the start of 2017.

Mobile 286

Mobile Cards Video Management 286

PYMNTS

JANUARY 22, 2021

The company has invested some $100 million since 2012 to enhance its own compliance programs following allegations of consumer fraud. MoneyGram is in favor of a proposal by U.S. regulators to tighten the financial reporting requirements of banks and other financial services providers.

Payments 269

Payments Compliance Fraud Regulation 269

PYMNTS

DECEMBER 21, 2018

.” Microsoft revealed that the flaw was discovered by Google ‘s Threat Analysis Team, and it affects older Internet Explorer browser versions — including Windows 7 and 10, and Windows Server 2012; 2016 and 2019 versions of Explorer 11; Explorer 10 for Windows Server 2012; and Explorer 9 for Windows Server 2008.

Security 179

Security Analysis Google Data 179

PYMNTS

SEPTEMBER 17, 2020

MetLife has been expanding into areas like pet insurance, digital estate planning and health savings and spending accounts, and it has offered vision insurance since 2012, the release noted. "We look forward to offering our customers the exceptional member experiences that Versant provides.".

Branding 256

Branding Groups Capital Payments 256

PYMNTS

JANUARY 11, 2021

Affirm, founded by PayPal ’s co-founder, Max Levchin , in 2012, offers shoppers monthly installment payments regardless of credit history. At $44 per share price, Affirm would have a valuation in excess of $10 billion, Reuters reported. The offer is being led by Morgan Stanley , Goldman Sachs and Allen & Co.

Millennials 241

Millennials Industry Security Marketing 241

PYMNTS

OCTOBER 8, 2020

The company was founded in 2012 and has since been partnered with companies including Walmart and Expedia Group. Affirm, a point-of-sale (POS) lender, offers short-term loans that can be repaid in installments. It was valued at $2.9

Trends 251

Trends Online Company Groups 251

Bank Innovation

DECEMBER 6, 2016

With all the gadgets, instant payments and mobile functionality, going to a branch sounds so 2012, right? Yes, unless you are going for something more than just depositing a check. People will go a mile for a good advice,” Brian Moynihan, chairman and CEO of Bank of America said at the Read More.

America 150

America Mobile Payments 150

Bank Innovation

OCTOBER 20, 2016

Financing for blockchain and bitcoin startups slid 16% in the first nine months of 2016 to $429 million, putting the sector on pace for its first annual drop since 2012, CB Insights reported. Deal activity fell 7% to 92 equity financings. CB Insights first began reporting on blockchain and bitcoin Read More.

Bitcoin 150

Bitcoin blockchain Report Capital 150

PYMNTS

OCTOBER 5, 2020

Data: 2012: The year Home Depot started its Pro Xtra program. In consumer spending, Amazon and Walmart are pushing to capture the electronics portion of the U.S. consumer’s whole paycheck. And in payments innovation, tokenization and data vaulting take the sting out of payment card industry (PCI) compliance. All this, Today in Data.

Compliance 173

Compliance Innovation Retail Apple 173

Bank Innovation

OCTOBER 27, 2016

MintChip was developed by the Royal Canadian Mint in 2012 and shuttered in 2014. Toronto-based payments platform nanoPay announced yesterday that it has raised $10 million in a Series A round in order to expand its business and offerings, most notably its open API platform, MintChip. In January 2016, the project was Read More.

Payments 150

Payments Online Mobile Technology 150

Bank Innovation

SEPTEMBER 15, 2016

million since its launch in 2012, according to Crunchbase. “I Ripple, the enterprise blockchain startup, today announced that it raised $55 million in Series B funding to accelerate customer adoption of its technology. That brings Ripple’s total funding to $93.6 I think there’s Read More.

blockchain 150

blockchain Technology Online Payments 150

Bank Innovation

SEPTEMBER 13, 2016

Sourcery, a digital payments platform founded in 2012, raised $5 million in venture funding in a round led by Marker LLC, the startup announced today. Sourcery’s digital platform focuses on accounts payable for restaurants and others institutions in the hospitality industry. The funding — which brings the company’s total equity to $7.5

Payments 150

Payments Industry Online 150

Chris Skinner

APRIL 13, 2017

It feels nearer, but when a group of experts on Artificial General Intelligence were asked this question in 2012, their view was that it would not be achieved until 2040. That will be somewhere over the next 10-25 years to achieve. The question here being: When will achieve the Singularity?

Technology 283

Technology Software Groups Innovation 283

PYMNTS

NOVEMBER 10, 2020

SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries.

Fintech 245

Fintech Regulation Cards Google 245

PYMNTS

OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion.

social media 291

social media Austin Chicago User Experience 291

PYMNTS

MAY 1, 2020

The savings rate peaked at 12 percent in December 2012 but dropped to 5.8 A Bureau of Economic Analysis report released on Thursday (April 30) indicated that the savings rate escalated to 13.1 percent in March, with people putting away $2.17 Comparatively, the savings rate in February was 8 percent. percent in 2013. .

Analysis 238

Analysis Conference Survey Report 238

PYMNTS

OCTOBER 1, 2020

AutoStore said Ocado has been a customer since 2012 and alleged that Ocado's automatic storage system is based on the ones AutoStore is already using, according to Reuters. online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported.

Online 234

Online Florida Retail Course 234

PYMNTS

NOVEMBER 19, 2020

The lawsuits converge and differ on various points, but one of the main ones is the 2012 acquisition of Instagram for $1 billion, which the suit alleges stifled competition in the social media field, and another being its weakening of privacy protections in the acquisition of WhatsApp for $22 billion in 2014.

social media 232

social media New York Maine Report 232

PYMNTS

MARCH 29, 2020

Tink was formed in 2012. Tink received 90 million euros ($100.1 million) in a funding round in January and now hopes to use that to grow in Latin America and other parts of Europe where it isn’t yet established. The company bought Eurobits for 15.5 million euros ($17.2

America 241

America National Company Innovation 241

PYMNTS

NOVEMBER 16, 2020

In October, news surfaced that Airbnb would list its shares on the Nasdaq, likely making it that market’s largest listing since Facebook 's $16 billion IPO in 2012, according to a published report. The Nasdaq usually hosts tech-focused stocks, and recently saw high-profile IPOs such as those of Zoom and Lyft.

Company 241

Company New York Community Operations 241

PYMNTS

NOVEMBER 5, 2018

The New York Times reported that according to the lawsuit —which was filed in federal court in Manhattan in September 2018—Winklevoss Capital Fund (WCF) hired Shrem in late 2012 to purchase bitcoins on its behalf. But of the $250,000 sent to Shrem in the fall of 2012, only $189,000 has been accounted for.

Bitcoin 164

Bitcoin Florida New York Capital 164

PYMNTS

NOVEMBER 3, 2020

The company’s listing will be the biggest Nasdaq filing since Facebook's $16 billion filing in 2012. The listing is anticipated to be among the biggest this year. Its filing will be available after the Nov. 3 election. The New York Stock Exchange typically gets the higher-profile listings.

San Francisco 237

San Francisco Community New York Resources 237

PYMNTS

JULY 1, 2020

2012: Year of Gympass’ launch in Brazil. Gympass ’ services, in one case, will now expand to include live-streamed classes, one-on-one personal training, virtual therapy and overall wellness plans instead of just gym memberships. All this, Today in Data. Data: 50K: Number of end users on the Gympass platform.

Training 151

Training Data Operations Online 151