Investment

Kleiner Perkins and Ribbit Capital led an $80 million funding round in Viva Republica, the South Korean maker of the popular P2P payment app Toss.

KKR, which has a substantial financial services portfolio, has made a $75 million equity investment in Cross River Bank, part of an overall $100 million capital raise. Cross River will use the funds to expand the technology and compliance infrastructure that it provides to fintech organizations.

Blockchain backers concede the hype is turning off bankers; Mulvaney's CFPB name change could cost industry millions of dollars; the one banking bill Congress might actually pass next term; and more from this week's most-read stories.

Familiar recriminations and calls for legislation from lawmakers followed the massive hack of the Starwood hotel chain, but will Capitol Hill actually do anything?

Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation.

A London stock market minnow is teaming up with a heavyweight soccer executive to use blockchain to tackle ticket scalpers.

The voice biometrics firm Pindrop closed on its Series D fund raising round with $90 million in new capital to fuel expansion in voice authentication and security services for call centers and internet of things devices. It also added a new CFO and CRO.

Trustology protects private keys to digital assets the way parking valets look after car keys.

This may be “the first wave” of managers being held accountable for the phony accounts scandal; high prices discouraging cross-border acquisitions.

The first wave of data from this year's holiday shopping season is in, providing insights into where the biggest fraud threats are likely to originate in the final weeks of the year.