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SEC Appoints Small Business Capital Committee Members

PYMNTS

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The committee, which is the result of the 2016 SEC Small Business Advocate Act, will meet for the first time in early May, according to reports.

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Tesco Bank To Pay £16.4m Fine To Settle With FCA Over 2016 Cyberattack

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in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. Our priority is always the safety and security of our customers’ accounts, and we fully accept the FCA’s notice,” Tesco Bank Chief Executive Gerry Mallon said. “We Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m ”

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India Closes 2016 On Top

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FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. Reports last Friday said the company secured $20.8 Supply Chain Management.

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

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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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Loadsmart Lands $90M From BlackRock, Maersk, For Digital Shipping Platform

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Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments.

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A $200M Mélange Of B2B Venture Capital

PYMNTS

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Find out who else secured funding below.

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Payments 2016: The Year Of Capitulation

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PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Capitulation . The year 2016 was the year of capitulation by FinTechs to the traditional banking industry.

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