Investment

Discount Bank in Tel Aviv has made several discoveries, including that customers ask more in-depth questions of its bank chatbot than expected.

Pacing is one of the largely unchallenged themes of fintech—new ideas come up every few months that require an almost constant state of new tech deployment. But it doesn't really work that way, says Steve Sarracino, CEO and founder of Activant Capital.

Tipalti, whose platform automates domestic and international accounts payable, has raised $30 million in a Series C financing round led by Zeev Ventures, bringing its funding total to $50 million.

Payfone, which provides technology to confirm customer identities, has secured $23 million in a funding round led in part by Synchrony Financial.

Neptune Financial plans to use technology to improve the efficiency in making loans to companies with $10 million to $100 million in annual revenue.

In what could be seen as a mea culpa for CEO Jamie Dimon's disparagement of bitcoin five months ago, the Wall Street megabank has released a big and relatively bullish report on cryptocurrencies.

Just 8% of cybersecurity heads at U.S. financial firms report to the chief executive officer directly and more should do so to improve decision-making, according to the Financial Services Information Sharing & Analysis Center.

Bank makes errors in refund program; credit bureau now says tax IDs, email addresses and driver’s license were compromised in last year’s hack.

Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.

Identifying threats to a single bank or the financial system as a whole can be tricky, but there are steps bankers can take to protect themselves.