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PayPal India Sees Revenue Jump 12x

PYMNTS

As a result, a source said the company has increased its investments in India, including a boost in technology augmentation, hiring new employees in the country and opening a new office in Mumbai. While the basic payment platform, coupled with the security features, are the same as in the U.S., For us, the marathon has just begun.”.

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How Cybersecurity Tries To Keep Up With Attackers’ Evolving Strategies

PYMNTS

The cybersecurity world is witnessing a potentially new, dangerous threat: according to insurance firm Euler Hermes, one of its corporates fell victim to cyber fraud after attackers used sophisticated artificial intelligence (AI) technology to impersonate the firm’s chief executive officer by mimicking his voice on the phone.

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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. FICO’s Take on Debit Security. Kobe Bryant’s VC Firm Holds More Than $2B in Assets .

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PingPong To Enter Europe Via $113M Investment

PYMNTS

We are actively following the country’s Belt and Road Initiative to empower Chinese businesses through innovation in the cross-border ecosystem,” said Luo in a statement. Earlier this year , Luxembourg passed a bill to amend an existing securities law so that it includes blockchain. billion investment in Europe. “We

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Neobank Northmill Gets Swedish Banking License

PYMNTS

“The banking license means a great responsibility, and it is gratifying to see that Sweden and its authorities foster innovation,” Lindahl said, adding that the mission of the bank is to “simplify people’s financial lives through technology and innovation.”. N26, which started in 2013, has a valuation of €2.38

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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

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Edible Barcodes Turn Sights On Counterfeit Goods

PYMNTS

But where there are problems lie opportunities – and that’s the story with a company called TruTag Technologies. According to that report, “TruTags are used with hyperspectral imaging technology, which is able to process much more wavelengths than other imaging methods, so it can collect more precise and detailed data from an image.

Fraud 101