Remove 2012 Remove Capital Remove Cards Remove Technology
article thumbnail

London FinTech SumUp Gets Digital Money License From Irish Central Bank

PYMNTS

Our core products allow our users to take remote and contactless card payments during lockdown situations, and so in a very real way, this [license] will ensure Ireland’s entrepreneurs can keep trading and keep recovering,” Walsh said. The FinTech also has eCurrency licenses in Lithuania and the U.K.

Fintech 245
article thumbnail

Ex-Amazon Security Chief Joins Capital One Board

PYMNTS

In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. Brought on board, in this case, is literal, as Capital One has created a new seat on its board of directors dedicated to cybersecurity.

Capital 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Invoice Fraud Hits Microsoft?

PYMNTS

As reported by the Federal Reserve Payments study this week, the value of noncash fraud has gone up between 2012 to 2015, and the measure along that time frame grew by 37 percent to $8.3 The data, said the Fed, came from surveys of depository institutions in 2012 and 2015, and payment card networks in 2015 and 2016. 36 in 2012.

Fraud 152
article thumbnail

 UK’s Currencycloud Gets $80M From Visa, Others For X-Border Payments

PYMNTS

The new investors were joined by existing investors including Nation Capital, Sapphire Ventures and Google’s venture arm known as GV. Currencycloud said it will use the funding to boost its technology portfolio and partner network. The series E funding round takes Currencycloud’s total funding to $140 million to date.

Payments 130
article thumbnail

Sansan Lands VC For Business Networking Solution

PYMNTS

Japan-based business card management service Sansan has announced news of fresh venture capital in support of its solution which helps professionals with business information management and networking. The service launched in Japan in 2012. An announcement Monday (Aug. An announcement Monday (Aug.

article thumbnail

Goldman Sachs Employees? Second Job: Venture Capitalists

PYMNTS

Sources said that recent investments include Ripple Foods , which makes milk from peas, and credit card startup Marqeta. And when music streaming startup Spotify Technology went public in April, Goldman Sachs held a stake worth more than $350 million — a sevenfold return on a 2012 investment.

Video 100
article thumbnail

Tech Center: Mexico City Tech Scene Rises Up

PYMNTS

Technology that has the ability to transform cities has given power to how people live their everyday lives. One city that’s been growing in its technology sector over the last few years is Mexico City. Before we jump into the post, here are a few facts about Mexico City and its tech scene: . For Latin America, 36.6

Capital 137