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Zopa Secures UK Banking License

PYMNTS

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based Since COVID-19, non-bank lenders have been hurting as capital markets became less available and retail investors tried to withdraw their cash from the P2P sector, the Times reported. Capital One was one of the earlier disrupters,” Janardana said.

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Corporate Card Data Spared In Capital One Hack

PYMNTS

Corporate credit card data was not exposed in the massive Capital One data breach that came to light earlier this week, according to Business Travel News reports. While customers of Capital One’s commercial banking division were not affected, reports noted that small business customers were affected by the breach.

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Zopa P2P Lender To Land 12th-Hour Investment To Become Bank

PYMNTS

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 A source told the Financial Times that Zopa will receive the funds from an entity linked to IAG Capital Partners, a U.S.-based Launched in 2005, Zopa is considered one of the world’s first P2P lenders, lending almost £4 billion to consumers in the U.K.

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Fiserv CEO Jeff Yabuki to Speak at Bank Innovation 2017

Bank Innovation

Yabuki joined Fiserv in 2005. Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

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2019: A Banner Year (And Bumper Data Crop) For Hackers

PYMNTS

In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 Data compromised included email addresses, Social Security numbers and bank information. Data compromised included email addresses, Social Security numbers and bank information. At a high level, the numbers are staggering.

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Nordea Accused Of Handling $790M In Suspicious Transactions

PYMNTS

The bank reportedly handled 700 million euros or $790 million in transactions that were questionable from 2005 to 2017. The report noted that back in October Nordic financial regulators said they were handed documents from Hermitage Capital that accused Nordea of breaking the rules under anti-money laundering laws.

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Symantec Sets Up To Buy Blue Coat Systems For $4.65B

PYMNTS

billion deal that will broaden the security tech giant’s portfolio of cyberdefense tech and bring along a new CEO for good measure. Bain Capital, which currently controls Blue Coat, is slated to invest $750 million of the proceeds back into the combined company in the form of debt convertible into equity.

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