Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Innovation Fintech Online Mobile 15

PYMNTS

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function.

Lending 134

Lending Alabama Online System 134

NCR

AUGUST 4, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Cards Illinois 40

Jeff For Banks

DECEMBER 12, 2015

Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. Two years after being lauded as Finovate's best of show, it sold itself to MasterCard in 2012.

Fintech 60

Fintech Capital Cards Bitcoin 60

NCR

FEBRUARY 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Illinois Cards 40

Fintech Labs Insights

DECEMBER 15, 2016

In a round led by Flint Capital, digital identity verification technology specialist Socure has raised $13 million in funding. Featuring participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures, this week’s investment takes Socure’s total financing to more than $17 million.

Capital 12

Capital New York Compliance Millennials 12

Fintech Labs Insights

APRIL 18, 2016

Fraud prevention company Guardian Analytics has launched its Omni-Channel Fraud Prevention solution that uses behavioral analytics and machine learning to prevent fraud across multiple channels. Guardian Analytics debuted FraudXCHANGE at FinovateFall 2012.

Analytics 12

Analytics Fraud California Study 12

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. million Series C financing round led by Foundation Capital and joined by Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners.

Lending 135

Lending Fraud Management San Francisco 135

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. ‘PayFac’ technology simplifies underwriting and onboarding. Fraud prevention tools. TABLE OF CONTENTS. Focus on developers.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 3, 2016

To adapt, let alone thrive, businesses with store locations must embrace EMV, the latest in payments security and authentication, especially considering the retailers themselves have taken on more responsibility for fraud after 2015’s liability shift. The challenge for the last year has just been educating our customer base.

Retail 100

Retail Apple Fraud Online 100

Fintech Labs Insights

AUGUST 22, 2024

Europe 2024 (London): Corsound AI: AI company advancing in sound recognition technologies, expanding market reach, receiving favorable industry reviews and increasing investment interest. Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. SAVVI AI : Raised $5.6M

San Francisco 15

San Francisco New York San Jose Tools 15

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Crescent Ridge Capital Partners’ elaborate Ponzi scheme.

Fraud 78

Fraud Las Vegas Company Capital 78

Fintech Labs Insights

JUNE 27, 2016

Speaking about the financing, Klarna’s Erik Engellau-Nilsson said that the funding was the company’s “first small step to a wider presence in debt capital markets.” The second goal was to “test the debt capital markets, and see what the appetite was like,” Engellau-Nilsson said. name and address).

San Francisco 16

San Francisco Capital Fintech Marketing 16

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing.

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Management Capital Company Marketing 78

Fintech Labs Insights

JANUARY 5, 2017

In its former life as a payments company, Payfone launched 1 Touch Checkout at FinovateFall 2012 in New York. Today, the company offers a non-intrusive authentication option for end clients that uses the identity of their mobile phone to offer persistent protection against fraud. marking 50 million bank accounts protected by Payfone.

New York 14

New York Mobile Fraud Capital 14

Fintech Labs Insights

JANUARY 28, 2016

Voice fraud prevention and authentication startup Pindrop closed a $75 million funding round. Google Capital, a new investor to the Georgia-based company, led the Series C round. banks to authenticate their calls using phone-printing technology that analyzes and assigns risk to the caller. Is it a trusted number?

Georgia 12

Georgia Fraud America Google 12

CB Insights

OCTOBER 29, 2018

Date: March 21, 2012. Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: 2012. By 2012, Microsoft would take a $6.2B Zynga and OMGPOP. Price: $210M. Caterpillar and ERA. Price: $677M.

Google 76

Google Software Company Innovation 76

Fintech Labs Insights

AUGUST 4, 2015

The debt financing adds to the more than $4 million in equity capital Socure has earned. million investment last November that featured participation from ff Venture Capital, Founder Collective, and Two Sigma Ventures. This supports a recent report that Socure CEO Sunil Madhu had filed a Form D with the SEC in late July.

Security 12

Security New York City New York Conference 12

Fintech Labs Insights

SEPTEMBER 19, 2016

Ripple will use the funding, which takes the company’s total capital to more than $93 million , to grow its customer base and its team, as well as help secure strategic partnerships. Founded in 2012 and headquartered in San Francisco, California, Ripple demonstrated its technology as OpenCoin at FinovateSpring 2013.

San Francisco 12

San Francisco New York Financial Technology Technology 12

Fintech Labs Insights

JUNE 24, 2015

” Prairie Cloudware said the new capital, which takes the company’s total to $5 million , will help it launch an “early version” of its Digital Payments Guardian technology later this year. The solution helps reduce fraud by validating identity during transactions and using tokenization to protect payment data.

San Jose 12

San Jose Omaha Nebraska Mobile 12

CB Insights

AUGUST 23, 2018

Over the past two years, the bank has spent nearly $20B to scale its technology and prepare itself for the next generation of banking. Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. Live briefing: Consumer Banks in The Digital Age. First Name. What is Chase Sapphire?

Cards 76

Cards Mobile Strategy Branding 76

PYMNTS

MAY 5, 2017

Don’t let the seemingly low value of $42 million raised this week by B2B venture capital firms fool you: VC activity in the space was strong, hitting key verticals like cross-border payments and SaaS. Find out who’s planning ahead in our breakdown of B2B venture capital from the week below.

Fintech 137

Fintech Big Data Capital Data 137

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. Powa Technologies. The problem, of course, is that Holmes’ technology was a sham. Table of Contents. US Patent Images.

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Report San Francisco Capital Company 78

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business.

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Apple Branding Google Company 78

CB Insights

AUGUST 1, 2017

At issue are concerns that such investments could help China expand its technological and military abilities. We define Chinese investment as participation in private financing rounds by investors (corporate, venture capital, angel, private equity, etc.) Which Technologies Chinese Investors are backing in the US. 500+ items.

US 32

US DC Washington Capital 32

Gonzobanker

OCTOBER 15, 2014

And they have never asked for much of the bank’s capital to win these big deals. With mobile and web services technology, there has never been a better time to innovate usability. It’s time for the major outsourcers and innovative technology companies to do their part. Vendor Management Made Easy(er) .

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Management Community Bank Community Resources 100

Fintech Labs Insights

JUNE 3, 2021

72 (t) Forter: $3B US ecommerce fraud specialist. #97 India-based banking technology startup. 153 (t) Shift Technology :$1.0B 153 (t) Shift Technology :$1.0B Ant Technology. Plaid Technologies. . #61 Hypoport : $3.6B German lender that went public in 2007. #72 97 Acorns : $2.2B 97(t) Bitso : $2.2B

United States 15

United States Fintech US Technology 15

Gonzobanker

DECEMBER 22, 2015

It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Let’s see if better technology and delivery tools get the idea farther down the road this time. August 2012: Big merchants announce new consortium to combat interchange rates.

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Community Bank Apple Community Technology 60

Fintech Labs Insights

MAY 3, 2021

US-based fraud specialist. Ant Technology. Plaid Technologies. . #142 (tie) Clearcover : $1.0B US-based auto insurance provider. 142 (tie) Sift : $1.0B Full Fintech Unicorn List. values as of 1 May 2021). Value Date. 1 May 2021. United States. 2018 round. 1 May 2021. 1 May 2021. 1 May 2021. United States. Mar 2021 round.

United States 15

United States Fintech US Company 15

Fintech Labs Insights

APRIL 8, 2021

US-based fraud protection for financial instituions. Ant Technology. Plaid Technologies. . #129(t) Clearbanc : $1.0B US-based SMB alt-lender. 129(t) Feedzai : $1.0B 129(t) Fireblocks : $1.0B US-based cyrypto company. Full Fintech Unicorn List. values as of 1 April 2021). Value Date. 1 April 2021. United States. 2018 round.

United States 15

United States Fintech US Lending 15

PYMNTS

APRIL 10, 2017

But often, stats going up — like inflation, the Federal Interest Rate, and corporate payment fraud levels — threaten the growth of small businesses. New data from Capital One found that half of SMEs surveyed said they are optimistic about current business conditions, up 9 percent from a year ago. Inflation means U.K. After the U.S.

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Fraud Mobile Lending Payments 100

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Fidelity — Fidelity Center for Applied Technology (FCAT) and Fidelity Labs. One popular approach: in-house financial innovation labs. Founded: 1999 and 2005.

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Innovation blockchain Technology Groups 78

CB Insights

OCTOBER 31, 2017

The feedback was eye-opening and generally the same: “Really great technology and vision. In our mission to deliver the best tea experience, we didn’t compromise on the Teforia Infuser technology, quality or the premium tea packaged within our Sips. But how does this become a platform?”… Product: Teforia Tea Infusor.

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Company US San Francisco Capital 78

Fintech Labs Insights

JUNE 23, 2016

When you’re looking to make an impression in a new market, coming up with a first-of-its-kind technology is a great way to start. The virtual assistant uses a conversational UI to make interaction natural and easy, and virtual card technology to limit fraud, maintain transparency, and ensure administrative control.

San Francisco 21

San Francisco Management Cards Capital 21