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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

PYMNTS

2) for DPCM Capital Inc. , a special purpose acquisition company or SPAC , with the Securities and Exchange Commission (SEC). There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

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Today In Payments Around The World: Lendify Secures $115M In Funding; Contour Teams With Mphasis On Trade Tech

PYMNTS

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. The Hong Kong sale is being managed by Citigroup, China International Capital Corp.,

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” State Regulations.

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Indonesia’s Payfazz Raises $53M In New Round

PYMNTS

Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). According to that report , 49 percent of Indonesia residents ages 15 or older had bank accounts in 2017, up from 36 percent in 2014. About 93 percent of U.S.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

capital appreciation and dividends. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. Congratulations to them.

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Mastercard Adds More Startups To Its Accelerate Program

PYMNTS

Since 2014, Mastercard’s Start Path “has invited more than 230 later-stage startups worldwide to participate in its six-month virtual program, providing technical guidance, operational support and commercial engagements within the Mastercard ecosystem,” the company said. Startups in this growing network have gone on to raise $2.7

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April 2014: A Busy Month for Fraud Alerts!

Jack Henry

One such attack by the group Unlimited Operations was able to net over $40 million. The following steps are expected of FIs: Maintain an information security program and risk assessment, Monitor Internet traffic to your website in order to detect an attack (establish a baseline so you can easily discern an increase in activity).

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