Remove 2013 Remove Innovation Remove Security
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Moven Gets Funding from SoftBank and Looks to Returns to Roots with Bank Acquisition

Bank Innovation

Neobank Moven has secured an undisclosed amount from SoftBank and is looking to acquire a bank with the funding, according to an American Banker report. Moven burst onto the fintech scene in 2012 — it was founded in 2011 and launched an alpha product in 2013 — as Brett King’s bank, or bank account.

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FinTech versus Banks, Round One: PSD2

Chris Skinner

These legislative acts foster innovation and drive both competition and choice in the market. They will have a negative impact on competition, they will jeopardise consumer control over their own financial data, and they will have a critical negative impact on the future trajectory of innovation in Europe.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

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Details on the FDIC Security Breach by Chinese Spies [VIDEO]

Bank Innovation

How Chinese spies hacked into computers at the Federal Deposit Insurance Corporation from 2010 until 2013 -- and American government officials tried to cover it up.

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PayPal India Sees Revenue Jump 12x

PYMNTS

While the basic payment platform, coupled with the security features, are the same as in the U.S., That same year, PayPal rolled out two new Innovation Labs in India to focus on technology like digital payments, artificial intelligence (AI) and virtual reality (VR), using the labs to benefit the economy in India.

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SEC’s Ripple Suit Shows Bumpy Road In Defining Crypto

PYMNTS

News came this week that the United States Securities and Exchange Commission has filed suit against Ripple over its XRP cryptocurrency. billion unregistered securities offering, and named CEO Brad Garlinghouse and Co-Founder Chris Larsen in the suit. It’s an attack on the entire crypto industry and American innovation.”

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Deep Dive: Security In The Time Of Faster Payments

PYMNTS

While the benefits were great, the innovation came with its share of risks, too. Security strategies. Faster payments aren’t all doom and gloom, though, and proper security measures can help businesses reap the benefits of real-time payments schemes with fewer detriments.

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