Early stage founders face a challenging climate and many lack the expertise to drive growth.Support from an experienced hand may be critical.
A new report from company builder and venture group Team8 shows it’s a good time for fintechs to pursue unicorn status, provided they do the groundwork.
First Citizens Bank has acquired part of the failed SVB, announced the FDIC yesterday.
More consumers prefer digital payments, a trend accelerated by the pandemic, results of a new survey from payments gateway Onbe reveal. The rates of online shopping, mobile wallet usage, apps and P2P payments have also risen.
These numbers consolidate Nubank as the fifth-largest financial company in Brazil by customers.
LendingClub reported Q1 2024 earnings and the company exceeded analyst expectations for both revenue and profit.
Instead of modifying decades-old transaction infrastructure, Spade provides better fraud protection by creating a new system. Customers like Sardine, Mercury, Unit and Ramp have improved their fraud models by more than 15% using Spade's real-time merchant intelligence for the card ecosystem.
While statistics vary year by year, there was a 79 percent increase in document fraud in 2022. Such a number doesn't come as a surprise to Inscribe fraud analyst Daragh McMeel. A rise in fraud rates often occurs when the economy travels an uncertain and difficult path.
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Sardine, a leader in the fraud prevention and compliance space has upped its game against widespread fraud.
Creditas aims to reach breakeven in 2023. It has reduced losses for five straight quarters and is repricing the portfolio with higher rates.