Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks.

Fraud 88

Fraud Cyber Security ATM FDIC 88

Accenture

SEPTEMBER 22, 2019

As our research shows, their net promoter score averages 62 compared to just 19 for traditional banks—a differential reflected both by their rapid customer adoption and also their ability to attract venture capital funding. Why are they doing so well? Cybersecurity. Trust is central to any bank’s relationship with its customers.

Innovation 150

Innovation Metro Apple Marketing 150

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Fraud prevention tools. Virtual card issuance. Business lending and corporate cards. Broadly enabling online commerce. rate per transaction.

Online 98

Online Company Retail Payments 98

NCR

AUGUST 4, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. Meanwhile, the shift for Visa payment cards is set for precisely a year later. The impact of the shift.

ATM 40

ATM Fraud Illinois Cards 40

Jeff For Banks

DECEMBER 12, 2015

Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. Two years after being lauded as Finovate's best of show, it sold itself to MasterCard in 2012.

Fintech 60

Fintech Capital Cards Bitcoin 60

NCR

FEBRUARY 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. Meanwhile, the shift for Visa payment cards is set for precisely a year later. The impact of the shift.

ATM 40

ATM Fraud Illinois Cards 40

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. million Series C financing round led by Foundation Capital and joined by Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JUNE 3, 2016

To adapt, let alone thrive, businesses with store locations must embrace EMV, the latest in payments security and authentication, especially considering the retailers themselves have taken on more responsibility for fraud after 2015’s liability shift. The challenge for the last year has just been educating our customer base.

Retail 100

Retail Apple Fraud Online 100

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. WrkRiot’s short-lived house of cards falls down.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

AUGUST 23, 2018

Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. JPM boasts an industry leading credit card network. With an elite rewards network, JPM is able to use its credit cards as a lever to attract and retain valuable clients. Credit cards as a lever to attract affluent clients. First Name.

Cards 76

Cards Mobile Strategy Branding 76

Fintech Labs Insights

SEPTEMBER 8, 2015

So whether or not a small business is currently seeking capital , down the road most hope to grow, so the POTENTIAL to tap more funding is a huge factor when selecting a bank. Here’s a more normal example, a fictional starter business bank account priced at $50 to $60/month ($10/mo less if paperless): Checking account/debit card.

Strategy 12

Strategy Fraud Security Community Bank 12

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. August 2012: Big merchants announce new consortium to combat interchange rates. According to CardFlight, only 42% of MasterCard and 52% of Visa cards are chip-enabled due to backlogged card producers and payment processors.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. Select investors : Amazon, Hummer Winblad Venture Partners, Bowman Capital Management LLC. Table of Contents. Powa Technologies. in 2000 to 232.1M

Report 78

Report San Francisco Capital New York 78

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business.

Apple 78

Apple Branding Google Company 78

Fintech Labs Insights

JUNE 3, 2021

72 (t) Forter: $3B US ecommerce fraud specialist. #97 . #55 Kraken : $4+B US crypto exchange (valuation per Fortune, based on 2019 round, and likely MUCH higher now). #60 60 Paymentus : $3.8B US payments company that went public 25 May 2021. #61 61 Hypoport : $3.6B German lender that went public in 2007. #72 97 Acorns : $2.2B 3 June 2021.

United States 15

United States Fintech US Technology 15

Fintech Labs Insights

APRIL 8, 2021

US-based business charge cards. US-based fraud protection for financial instituions. US-based fraud protection for financial instituions. . #80(t) Chainalysis : $2.0B US-based cyrpto company. #80(t) 80(t) Pipe : $2.0B US-based SMB lender. #89 89 Starling Bank : $1.9B UK-based challenger bank. #97 97 Ramp : $1.6B Value Date.

United States 15

United States Fintech US Lending 15

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Capital One — Capital One Labs. Founded: 2012. Key people: James Patterson, Managing VP & Head of Capital One Labs at Capital One.

Innovation 78

Innovation blockchain Technology Groups 78

CB Insights

OCTOBER 31, 2017

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. The initial 7 years were all about having negative working capital, positive cash flow and a sustained ability to fund our own growth. Read more here.

Company 78

Company US San Francisco Capital 78

Fintech Labs Insights

JUNE 23, 2016

The virtual assistant uses a conversational UI to make interaction natural and easy, and virtual card technology to limit fraud, maintain transparency, and ensure administrative control. The employee never sees the corporate card number, and the employer has 100% visibility in real-time on how much and what is being purchased.

San Francisco 21

San Francisco Management Cards Capital 21