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Revenue | 9 Months Ended
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Sep. 30, 2023
Revenue from Contract with Customer [Abstract] |
Revenue | Note 3. Revenue
In each of our revenue arrangements, revenue is recognized when control of the promised goods or services is transferred to the customer in an amount that reflects our expected consideration in exchange for those goods or services. Our arrangements are discussed in our Annual Report on Form 10-K, with notable updates provided herein. Disaggregated Revenue The table below presents revenue from contracts with customers disaggregated by type of service, which best depicts how the revenue and cash flows are affected by economic factors, and by the reportable segment to which each revenue stream relates, as well as a reconciliation of total revenue from contracts with customers to total noninterest income. Revenue from contracts with customers is presented within noninterest income—technology products and solutions and noninterest income—other in the condensed consolidated statements of operations and comprehensive loss. There were no revenues from contracts with customers attributable to our Lending segment for the periods presented.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Financial Services |  |  |  |  |  |  |
Referrals | $ | 9,983 |  |  | $ | 10,210 |  |  | $ | 27,832 |  |  | $ | 26,783 |
Interchange | 6,029 |  |  | 4,225 |  |  | 21,961 |  |  | 11,518 |
Brokerage | 6,084 |  |  | 3,854 |  |  | 16,187 |  |  | 12,740 |
Other(1) | 1,395 |  |  | 1,562 |  |  | 2,230 |  |  | 1,990 |
Total financial services | 23,491 |  |  | 19,851 |  |  | 68,210 |  |  | 53,031 |
Technology Platform(2) |  |  |  |  |  |  |
Technology services | 81,419 |  |  | 81,474 |  |  | 233,876 |  |  | 221,742 |
Other(1) | 34 |  |  | 679 |  |  | 3,033 |  |  | 2,674 |
Total technology platform | 81,453 |  |  | 82,153 |  |  | 236,909 |  |  | 224,416 |
Total revenue from contracts with customers | 104,944 |  |  | 102,004 |  |  | 305,119 |  |  | 277,447 |
Other Sources of Revenue |  |  |  |  |  |  |
Loan origination and sales | 81,683 |  |  | 163,697 |  |  | 311,258 |  |  | 465,815 |
Securitizations | (6,298) |  |  | (8,772) |  |  | (22,375) |  |  | (31,790) |
Servicing | 8,009 |  |  | 7,296 |  |  | 29,803 |  |  | 30,003 |
Other | 3,908 |  |  | 1,910 |  |  | 11,481 |  |  | (131) |
Total other sources of revenue | 87,302 |  |  | 164,131 |  |  | 330,167 |  |  | 463,897 |
Total noninterest income | $ | 192,246 |  |  | $ | 266,135 |  |  | $ | 635,286 |  |  | $ | 741,344 |
_____________________ (1) Financial Services includes revenues from enterprise services and equity capital markets services. Technology Platform includes revenues from software licenses and associated services, and payment network fees for serving as a transaction card program manager for enterprise customers that are the program marketers for separate card programs. (2) Related to these technology products and solutions arrangements, we had deferred revenues of $5,418 and $10,028 as of September 30, 2023 and December 31, 2022, respectively, which are presented within accounts payable, accruals and other liabilities in the condensed consolidated balance sheets. We recognized revenue of $1,778 and $3,925 during the three months ended September 30, 2023 and 2022, respectively, and $6,562 and $6,699 during the nine months ended September 30, 2023 and 2022, respectively, associated with deferred revenues within noninterest income—technology products and solutions in the condensed consolidated statements of operations and comprehensive loss. Contract Balances As of September 30, 2023 and December 31, 2022, accounts receivable, net associated with revenue from contracts with customers was $63,301 and $61,226, respectively, which were reported within other assets in the condensed consolidated balance sheets.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org//606/tableOfContent + Details
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