Investment

The Series B round, also led by Blockchain Capital, marks the first investment in the blockchain industry by Morgan Stanley's opportunistic investment arm.

The suburban New York bank says Skye, its conversational artificial intelligence assistant, is doing the work of 100 full-time employees.

Building a safer ecosystem: Why transparency, controls, and partnerships will drive next era of financial services.

Rapyd's new venture capital arm seeks companies that can develop or benefit from an international identity verification system.

A slew of websites operated by financial institutions, governments and airlines including Hong Kong Exchanges & Clearing and Australia’s central bank went down briefly Thursday in the second global internet outage in two weeks.

The New Jersey bank has been informally funding startups for more than a year. Now it has established Cross River Digital Ventures, which will focus on backing fintechs the bank wants to work with or ones that it feels will benefit the broader industry.

Before its disappearance, Avaddon said it hacked Valley National Bank's network and threatened to leak sensitive data. The bank is still investigating.

Financial firms can minimize the damage by understanding where key threats lie, educating employees and customers about phishing scams, and breaking down silos between compliance, fraud and security teams.

The data analytics provider has deployed cloud hosting to scour international payments for signs of fraud and money laundering.

More than 97% of venture backing goes go white-owned startups. Firms like Mendoza Ventures, Chingona Ventures and MaC Venture Capital are stepping in to support underserved entrepreneurs.