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LendingClub Settles With SEC, DOJ

PYMNTS

“Investment advisers have an obligation to put their clients’ interests ahead of their own,” said Daniel Michael, chief of the SEC’s Complex Financial Instruments Unit, about the decision. “By By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Attorney Alex Tse. “We

Lending 135
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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

The same group completed fewer than 25 investments in aggregate between 2012 and 2014. AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks. Allianz Ventures.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

The same group completed 20 investments in aggregate between 2012 and 2014. AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks. Allianz Ventures.

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Finovate Talks Payment API Security with John Canfield, VP of Risk for WePay

Fintech Labs Insights

Canfield: Combatting fraud requires extensive risk management, and a cornerstone of risk management is using data to inform controls and decisions. John Canfield demoing WePay’s Veda Risk API at FinovateSpring 2014. WePay debuted its Veda Risk API at FinovateSpring 2014 in San Jose.