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Peter Thiel’s Valar Ventures Management is leading a $185 million funding round for Canada’s Neo Financial Technologies, propelling it to a valuation of more than $1 billion as it plans expansion into mortgages.
May 5 -
A new product called Financial Connections links businesses directly to customers' banks, giving the payment technology vendor a feature that makes it a direct competitor to data-fueled fintechs.
May 4 -
Financial institutions need to begin sharing profiles of fraudsters posing as legitimate customers. The technology to do it securely is already available.
May 4FiVerity -
Long Game, which Truist acquired for an undisclosed sum, allows consumers to set savings goals and earn extra cash by playing casino-style lottery games.
May 3 -
Genesis Financial will use Nova Credit’s bank account data analysis to approve credit to applicants with little or no credit bureau files.
May 3 -
Cryptocurrency firms, armed with cash and in need of regulatory experience, are poaching U.K. cybercrime cops with offers of double or triple pay.
April 29 -
Crypto exchange woes, third-party vendor hacks and the threat of theft of inside information are among the concerns keeping chief information security officers up at night, according to a new survey.
April 28 -
Goldman Sachs Group offered its first ever lending facility backed by bitcoin, in a significant step for a major U.S. bank that accelerates Wall Street's embrace of cryptocurrencies.
April 28 -
Whether state-sponsored or masterminded by a 16-year-old, data breaches have become a major cause for concern across the banking world.
April 28 -
J.P. Morgan Chase Bank N.A. was sued by a unit of the French maker of Ray-Ban glasses, which claims the bank ignored red flags as international cybercriminals drained $272 million from its New York bank account.
April 26