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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.

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Report: Oracle Winning Bidder Of TikTok, Microsoft Out

PYMNTS

Oracle is set to be named as TikTok’s “trusted technology partner” in the U.S., We are confident our proposal would have been good for TikTok’s users while protecting national security interests, Microsoft said. “To Its investors include SoftBank’s Vision Fund, NEA, Tiger Global Management, KKR and GGV Capital.

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 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. Other investors included World Bank’s International Finance Corp.,

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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

This latest round of funding brings Cybereason’s total amount raised to approximately $400 million, with previous investors including CRV, Spark Capital and Lockheed Martin, according to a press release. Founded in 2012, Cybereason boasts distribution in all major global markets.

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Sourcery, Targeting B2B Payments In Hospitality, Nabs $5M

PYMNTS

Payments startup Sourcery announced new venture capital to propel its focus in the food and hospitality industries, reports said on Tuesday (Sept. The funding will also be used to develop an accounts receivable solution for vendors receiving payment via the Sourcery platform.

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FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending

PYMNTS

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. On the upside, researchers found small businesses’ demand for loans is at its highest level since 2012. Yet, the small business lending gap remains. For banks, the reason often comes down to profits.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101