Bank Innovation

DECEMBER 19, 2017

Aside from the important events like record-level funding for fintechs across the globe, cryptocurrency mania, Coinbase entering the Unicorn club at a $1.56B valuation in the last quarter, there have been some […].

Trends 352

Trends Fintech cryptocurrency Operations 352

PYMNTS

AUGUST 29, 2019

A federal grand jury indicted 33-year-old software engineer Paige Thompson, a former employee of Capital One, for the crime. Capital One stored its data with Amazon’s cloud division, called Amazon Web Services , and Thompson accessed the data from there. Thompson’s indictment cites more than 30 victims, which includes Capital One.

Capital 130

Capital Fraud Data Security 130

Bank Innovation

JUNE 18, 2019

EBay today joined Uber, PayPal, Lyft and other tech heavyweights as an inaugural member of the Libra Association, the Switzerland-based organization that will oversee Facebook's cryptocurrency.

cryptocurrency 170

cryptocurrency Capital Online Marketing 170

Bank Innovation

APRIL 12, 2018

The price of bitcoin surged above $8,000 today for the first time in several weeks, a rise of more than 13% over the past 24 hours, prompting excitement in the cryptocurrency community. The combined market capitalization of all cryptocurrencies rose 16% over the same period.

Bitcoin 186

Bitcoin cryptocurrency Community Capital 186

Bank Innovation

FEBRUARY 9, 2018

Coinsquare, a Canadian cryptocurrency exchange, has raised $30 million in equity financing in order to help expand its growth, the company announced today. The money will be used for new hires and for the implementation of a “diversification strategy” for its platform focused on customer needs, the company stated today in a press release.

cryptocurrency 261

cryptocurrency Strategy Company Capital 261

Bank Innovation

MARCH 22, 2018

EXCLUSIVE— With cryptocurrencies losing their luster in the public — and the regulatory — eye, some in financial services still remain bullish on the currency even as its value falls. One such CEO is Jack Dorsey, who occupies that chair for both Twitter and Square.

social media 259

social media Bitcoin cryptocurrency Fintech 259

Bank Innovation

APRIL 25, 2018

Cryptocurrency startup MobileCoin has just raised $30 million for the expansion of its technology, which will link the startup’s cryptocurrency network into mobile messaging applications such as WhatsApp or Signal.

Mobile 210

Mobile cryptocurrency blockchain Technology 210

PYMNTS

DECEMBER 13, 2017

The commentary reflects the surging value of cryptocurrencies and how eager investors are to take part in the industry. survey last year that reported they trust their banks as payment providers, compared to 40 percent that trust their alternative online payment providers. 59 percent | Percentage of SMBs polled in a Visa U.K.

Bitcoin 123

Bitcoin cryptocurrency Data Survey 123

PYMNTS

JANUARY 21, 2021

Raj Chowdhury , CEO of HashCash Consultants, said the platform was intended to "help reduce processing time through instant settlements and safe, online exchange of documents.". With this partnership, we are looking forward to helping them manage their working capital efficiently through live tracking of the account balance.".

blockchain 233

blockchain US cryptocurrency Payments 233

PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

Video 211

Video Report Meeting United States 211

PYMNTS

NOVEMBER 3, 2019

Capital One saw an outage on Friday (Nov. Capital One is experiencing a technical issue impacting customer money movement, including direct deposits, and the ability for some customers to access accounts. Capital One saw an outage on Friday (Nov. We greatly apologize for the inconvenience,” Capital One said in a tweet on Friday.

Online 100

Online Capital Data cryptocurrency 100

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

Capital 174

Capital Lending Cards cryptocurrency 174

PYMNTS

SEPTEMBER 11, 2020

Sequoia Capital, Tencent Holdings Ltd and DST Global are among its present backers. The news comes as consumers following stay-at-home mandates are harnessing online banking platforms to assist them in supervising their finances while steering clear of public spaces such as bank offices.

Fintech 217

Fintech cryptocurrency System Capital 217

Bank Innovation

NOVEMBER 13, 2017

EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.

blockchain 278

blockchain Fintech Capital Innovation 278

PYMNTS

DECEMBER 11, 2017

That means upping mobile and online shopping experiences, offering a buy online pick up in-store model and launching services like curbside pickup and better shipping options. 165 million | Value of VC funding raised by luxury eTail brand Moda Operandi.

Bitcoin 100

Bitcoin Capital Data Resources 100

PYMNTS

SEPTEMBER 2, 2019

Venture capital firm Andreessen Horowitz is attempting to fight back against Washington’s tougher stance on cryptocurrencies. And as Bart Stephens, co-founder and managing partner of Blockchain Capital, a venture capital investor focused on cryptocurrencies, noted, “The U.S. But those in attendance reported that J.

Conference 139

Conference San Francisco cryptocurrency Regulation 139

PYMNTS

OCTOBER 22, 2020

In today’s top news, Grab celebrated solid recovery in its third quarter earnings report, and PayPal has introduced wallet services for cryptocurrencies. Online clothing retailer thredUP has filed confidentially for an initial public offering (IPO) in the U.S. And resale marketplace ThredUp filed for an IPO.

cryptocurrency 142

cryptocurrency Payments Bitcoin Capital 142

PYMNTS

JANUARY 26, 2018

Three big Silicon Valley venture capital firms want to invest in Telegram ’s initial coin offering (ICO), The Financial Times reported. Kleiner Perkins Caufield & Byers, Benchmark and Sequoia Capital have each told the messaging startup that they want to invest $20 million, according to three individuals familiar with the deal.

San Francisco 130

San Francisco cryptocurrency Capital Community 130

Bank Innovation

JANUARY 2, 2019

Then there is also the possible revival of older trends (hint: cryptocurrency could be […]. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

Trends 218

Trends Fintech cryptocurrency Payments 218

Bank Innovation

FEBRUARY 19, 2019

Community Capital Technologies, Denizen Financial, Diro Inc., The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

Innovation 240

Innovation Community Capital Fintech 240

PYMNTS

JULY 9, 2019

Online checkout startup Bolt announced it has raised $68 million in additional funding, according to a report in Fortune. Independent retailers using this software, Bolt said, will be in a better position to compete with the likes of Amazon and other major online retailers.

Retail 115

Retail Software Online Capital 115

PYMNTS

MARCH 19, 2020

In other news, Hawaii is rolling out its inaugural experimental program for cryptocurrency called the Digital Currency Innovation Lab, according to an announcement. The lab will take applications online from March 17 to May 1.

Hawaii 133

Hawaii Bitcoin cryptocurrency Payments 133

PYMNTS

JANUARY 13, 2021

The OCC conditionally approved the charter, meaning Anchorage had to agree to comply with certain capital and liquidity requirements, as well as the OCC’s risk management rules, the release stated. Iossifov and his co-conspirators ran advertisements online, targeting U.S. The scheme defrauded at least 900 Americans.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

BankInovation

NOVEMBER 29, 2021

billion venture focused on cryptocurrency-related investments and has hired Sam Peurifoy — an ex-Goldman Sachs analyst known for his online gaming persona “Das Kapitalist” — to lead a dedicated “play-to-earn” strategy. Former Citigroup Inc. executive Matt Zhang is launching a $1.5

New York 94

New York cryptocurrency Strategy Capital 94

Bank Innovation

MAY 3, 2018

But working with the cryptocurrency taught the payments company quite a bit about blockchain technology, and how it ends up employing that knowledge may be the true payoff […]. Square made a splash when it announced it would sell bitcoin in its Cash app, but failed to make much money doing so, it was revealed yesterday.

Bitcoin 170

Bitcoin blockchain cryptocurrency Technology 170

PYMNTS

OCTOBER 11, 2018

In news that may be separated from the vagaries of cryptocurrency trading, Banco Santander said this week that it will use Ripple’s ledger, bringing payments across the bank’s OnePay FX platform. Reports said Wallex has been integrated via API with several eCommerce and online platforms.

blockchain 194

blockchain cryptocurrency California Payments 194

PYMNTS

NOVEMBER 8, 2019

Venture capital firm Andreessen Horowitz is offering a course to help entrepreneurs better understand blockchain technology and cryptocurrency companies, according to a report by CNBC. The company is also part of the Libra Association , which is the organization tasked with bringing Facebook’s proposed cryptocurrency Libra to fruition.

blockchain 128

blockchain Course cryptocurrency Regulation 128

PYMNTS

OCTOBER 9, 2020

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said during an online meeting that digital banks might face the same rules as traditional banks when the review is finished. Ripple unveiled its Line of Credit beta offering that it says lets its FinTech clients harness the XRP cryptocurrency to send international payments.

Digital Banking 132

Digital Banking cryptocurrency America Meeting 132

PYMNTS

NOVEMBER 24, 2019

NEM Ventures , the venture capital and investment arm of the NEM blockchain ecosystem, announced that it has made a strategic investment in Canadian cryptocurrency payments provider Cyclebit. It will also help scale the existing global service throughout North America.

Payments 123

Payments cryptocurrency America blockchain 123

PYMNTS

AUGUST 12, 2020

With the dramatic shift towards digital payments, the rise of open banking and the growth of blockchain and cryptocurrencies, there’s never been a more exciting time to be an innovator in FinTech,” said Ken Moore, executive vice president and head of Mastercard Labs. Startups in this growing network have gone on to raise $2.7

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

PYMNTS

APRIL 10, 2019

The DFS cited deficiencies in capital, according to Reuters , and “failure to demonstrate that it will conduct its business honestly, fairly, equitably, carefully, and efficiently.”. In other bitcoin news, two men in Singapore were arrested on charges that they promoted OneCoin, a multi-billion dollar cryptocurrency pyramid scheme.

Bitcoin 116

Bitcoin New York cryptocurrency United States 116

PYMNTS

AUGUST 3, 2018

To allow eCommerce merchants to accept cryptocurrency from buyers, Coinbase has rolled out a new plug-in. The announcement comes as news surfaced that Coinbase was acquiring securities dealer Keystone Capital , a California-based FINRA-registered broker-dealer, which will allow the firm to run an alternative trading system.

cryptocurrency 101

cryptocurrency Bitcoin California blockchain 101

PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

Lending 129

Lending blockchain Capital Software 129

Bank Innovation

DECEMBER 11, 2017

Cryptocurrency wallet provider BitGo has just raised $43 million in new funding, the company announced today, which will be put towards expanding the use of its technology among institutional investors.

Bitcoin 150

Bitcoin cryptocurrency Technology Company 150

PYMNTS

DECEMBER 7, 2018

The past year brought a significantly increased focus on the security and privacy of online data, with not only consumers paying more attention to the issue but (much more importantly) lawmakers holding big tech executives accountable in political hearings. Gula said the reports are just that — reports.

Payments 240

Payments Tools Security Regulation 240

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . These technologies enable capital markets firms not only to adapt to market volatility, but also to pursue new growth opportunities. ESG reporting requirements. Trade analytics and execution. EQUITY MANAGEMENT PRACTICES.

Capital 66

Capital Trends Marketing Analytics 66

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. The talks are not final and no deal has been made. Jack Randall, a spokesman for Robinhood, declined to comment.

Regulation 123

Regulation Millennials California Capital 123