Investment

More than 700 million global cyberattacks and 1.7 billion bot attacks took place in 2017, a 44% increase in the attack rate over 2016.

Prime Minister Mariano Rajoy’s People’s Party is preparing legislation including possible tax breaks to attract companies using blockchain technology.

This week marks the return of a series of intensive, hands-on training sessions in distributed ledger technologies for credit union executives.

Payworks has raised $14.5 million in a Series B funding round with several participants including Visa and CommerzVentures.

The investment continues a trend of banks focusing on commercial payments technology.

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.