Remove tag bad loans
article thumbnail

Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. Bad actors may be lured by the relatively immature infrastructure.

article thumbnail

B2B Fraudsters Find New Twists In Old Scam Favorites

PYMNTS

This week’s B2B Fraud Tracker looks at the latest cases and allegations of fraud, which show rising sophistication in fraudsters’ tactics: internal bad actors are no longer acting alone, BEC scams are no longer reliant on chance and financial institutions face a growing trend in loan fraud. Smaller Lenders Fall Victim.

B2B 62
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder

PYMNTS

Goldman, for its part, may see impact from loan losses should the economy falter, according to Nomura on CNBC. Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away. This is not to say that the news is all bad.

article thumbnail

Making Marketplaces For Experiences

PYMNTS

The generation that entered adulthood attempting to simultaneously clear the dual hurdles of record levels of student loan debt and an entirely stalled economy, he said, is in some ways thinking very differently about commerce than even its older siblings in Generation X. Moreover, competition in the field is not a bad thing.

article thumbnail

Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

PYMNTS

While it’s disappointing that the cybercriminal has been successful in extorting so much, it is heartening to know that sometimes doing a bad thing nets one no payout (since San Francisco didn’t want to play along) and a host of bad consequences for their trouble. All told, the packet of loans is worth $355 billion.

article thumbnail

Data Dive, Rainy Days Edition: Fines, Misses And Video Game Money Laundering

PYMNTS

Capital One ’s further reprots domestic card loans increased 8 percent or $5.8 Credit card loans increased 5 percent to $116.4 Mastercard got tagged with a $648.3 While some bad things can be argued or mitigated, in general one can always be certain that rain clouds will eventually appear. billion, an increase of $5.7

article thumbnail

Transcript: Albert Wenger

Barry Ritholtz

And Joshua added tags to that, and so you could browse things by tags. That’s very, very bad when it happens. We can’t imagine that things could get really, really bad. And at that time, Union Square Ventures’ Fred and Brad had started the firm, they had just raised the first fund.

Valuation 117