CB Insights

NOVEMBER 9, 2021

Laika , a compliance and security audit platform for software companies, has raised $35M in a Series B. The round drew participation from Bain Capital Ventures, Canapi Ventures, JPMorgan & Co., New York-based Laika helps businesses obtain audits and security certifications as well as remain compliant with regulations.

Compliance 61

Compliance Software Security Company 61

PYMNTS

SEPTEMBER 2, 2020

The Montreal-based payment technology company was valued at $2 billion at the close of 2019. If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker.

Payments 229

Payments Fintech Security Technology 229

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities. 30, 2019. .

Mobile 165

Mobile Philadelphia Seattle Washington 165

Payments Source

AUGUST 6, 2020

Regulators found fault with the bank’s cloud migration efforts in the years that preceded a 2019 hacking incident.

Capital 80

Capital Data Regulation Cyber Security 80

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. In other news, regulators in the European Union are looking at initial coin offerings (ICOs) to determine if they need to be regulated, Reuters reported. telephone number management.”

blockchain 176

blockchain Bitcoin Regulation Security 176

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions.

Regulation 122

Regulation United States Community Bank National 122

American Banker

AUGUST 6, 2020

Regulators found fault with the bank’s cloud migration efforts in the years that preceded a 2019 hacking incident.

Capital 88

Capital Data Regulation Cyber Security 88

PYMNTS

DECEMBER 14, 2018

Boerse Stuttgart Group , Germany’s second-largest stock exchange, has announced the launch of its own cryptocurrency trading platform in the first half of 2019. California-based hedge fund Pantera Capital has revealed that it might have to issue refunds to its backers after the U.S.

blockchain 155

blockchain Bitcoin Report San Francisco 155

Bank Innovation

DECEMBER 6, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, December 6, 2019.

Video 243

Video Fintech Capital Customer Experience 243

PYMNTS

SEPTEMBER 17, 2019

The FCA first began investigating the high street bank in February after it miscalculated the capital needed for numerous loans. Six months later, the financial regulator said the probe was widened to involve “certain senior members of management.” billion drop in customer deposits during the first six months of 2019, the report said.

Metro 116

Metro Management Regulation New York 116

PYMNTS

DECEMBER 23, 2018

In addition, he will work with investors, clients and regulators on the company’s Security Token Offering, advisory services business and its partnership with BOX Digital Markets to launch the first SEC-regulated exchange for trading security tokens. And the U.S.

Bitcoin 164

Bitcoin Compliance Regulation Security 164

Abrigo

FEBRUARY 12, 2020

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. And regulators have urged financial institutions to prepare for an eventual cyclical change while credit performance remains strong – and to do so as they originate new loans and in credit reviews.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

MARCH 31, 2020

MatchMove’s LightSpeed solution won top honors in the category “Best Payments Innovation of the Year” in the 4th Payments and Cards Awards 2019 held in Mumbai, India. It has raised $20 million to date with August One and SEEDS Capital, among others.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

FEBRUARY 21, 2020

regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. LendingClub management said on the conference call that buying Radius provides access to capital beyond the traditional institutional investors that have helped fund the loans. Elsewhere, the U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

Bussman Advisory

DECEMBER 18, 2018

With 2019 right around the corner, the time has come to reflect on the events of 2018, but more importantly, to consider what the next year holds. While some may lament the entry of regulators in 2018, clamping down on ICO projects, and putting in place strict frameworks for compliance, these are signs of a market maturing.

blockchain 45

blockchain Trends Security Marketing 45

FICO

JANUARY 25, 2019

The additional costs and complexity for lenders when managing regulations governing mortgages. Regulation has traditionally focussed on capital adequacy, liquidity and credit standards. Capital adequacy and liquidity measures add to the fund and provisioning costs of a portfolio and can change the economics of individual deals.

Analytics 74

Analytics Lending Strategy Regulation 74

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JUNE 3, 2020

Banks are working on a range of security solutions to stop them, including periodic API key rotation and advanced machine learning (ML) systems that can detect anomalous behavior. Visa will be providing access to capital to find the projection, while Nium’s APIs will connect the card to issuing banks.

Payments 188

Payments Fraud Security Data 188

Abrigo

FEBRUARY 3, 2020

Financial institutions generally are moving away from self-managed, on-premise technology and are finding hosted solutions that provide the security and scalability they need. financial institutions, according to Bank Director magazine’s latest survey of CEOs, executives and directors for its 2019 Technology Survey.

Resources 150

Resources Security Customer Experience Fraud 150

Independent Banker

NOVEMBER 30, 2021

Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W. Another option would be to do a separate loan to amortize those deferred payments, which again would be dependent on regulators, he adds. Dick, chairman and CEO of $1.7

Community Bank 209

Community Bank Community Texas Dallas 209

PYMNTS

FEBRUARY 27, 2020

million in 2019. s Regulator of Social Housing to downgrade the charity’s governance rating. In this month’s feature story, Rajan Kapoor, the platform’s director of security, explained how Dropbox employs automated tools, user and employee education, and threat response teams to keep cybercriminals out of the cloud. .

Fraud 150

Fraud Examples Online Data 150

PYMNTS

NOVEMBER 5, 2018

The banks that are affected have $100 billion to $700 billion in assets, a tier that includes companies such as Capital One and U.S. The rule stipulates that companies must have liquid assets such as Treasury securities on the books so that they can raise cash with speed during times of stress.

Regulation 128

Regulation Guidelines New York Groups 128

PYMNTS

JANUARY 10, 2019

Spencer McLain, director, global risk solutions at Whitepages Pro told PYMNTS in an interview that September 2019 – when PSD2’s deadline looms on Friday the 13th – is coming much more quickly than some stakeholders might realize. That’s critical, especially as PSD2 mandates that online transactions above 30 euros undergo the SCA processes.

Guidelines 173

Guidelines Compliance Fraud Cards 173

PYMNTS

JANUARY 25, 2021

Last week marked the third anniversary of PSD2 , the regulation that launched open banking in the U.K. And those three years have given rise to a slew of new companies capitalizing on that initiative all over the world, as well as established companies making their mark. and Europe.

Online 300

Online Meeting Payments Cards 300

Accenture

SEPTEMBER 22, 2019

By way of example, Monzo passed 2 million users in May 2019 and anticipates 3 million this year, while Revolut is targeting 10 million by 2020. The biggest hurdles are around profitability, UK regulation, customer growth and cybersecurity. in the year to February 2019. Regulation. Why are they doing so well?

Innovation 150

Innovation Metro Apple Marketing 150

CB Insights

DECEMBER 17, 2020

Primary markets represent the first stage of the capital markets cycle, where securities are created and issued for the first time, such as during an IPO, when issuing equity, or when raising money through bonds. But issuing securities can be a daunting process. But issuing securities can be a daunting process.

blockchain 76

blockchain Security Marketing Bitcoin 76

PYMNTS

OCTOBER 29, 2019

This leads us to a bit of headscratching, as, in past coverage, we’ve noted that proponents of blockchain have stated that security and anonymity of data that flows between two parties is valuable because it cannot be touched, really, by anyone.

blockchain 117

blockchain Bitcoin United States Course 117

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

JANUARY 8, 2019

Singtel’s Dash is bringing remittance services to Myanmar by teaming up with the United Nation’s Capital Development Fund (UNCDF), the company said in an announcement. Through the service, Pakistanis who reside in Malaysia can send money home “instantly and securely” via real-time money transfers. percent year on year in 2019.

Regional 128

Regional blockchain Mobile United States 128

Bank Activities

JULY 5, 2022

The Aussie neobank Volt announced that it would close its deposit-taking business operations due to its failure to raise sufficient levels of capital during the pandemic. The company was unsuccessful in its effort to secure $200 million in a Series F funding round this year.

Operations 36

Operations Regulation Lending National 36

South State Correspondent

OCTOBER 28, 2022

cyber, infrastructure, and regulation. Create a smart contract that tracks rebates, wage garnishment or secures a bank’s collateral position from a future revenue stream, and a bank will need a new core construct to handle the complex accounting, contingencies, and ALCO calculations required. A balance sheet matters.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

JUNE 19, 2019

Some of the more notable members include Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone. Facebook has confirmed that it will have no more standing in the association than any other founding member after it finishes 2019.

cryptocurrency 149

cryptocurrency Bitcoin blockchain Regulation 149

CFPB Monitor

JULY 2, 2019

In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations. Section 1071 amended the ECOA to require financial institutions to collect and maintain certain data in connection with credit applications made by women- or minority-owned businesses and small businesses.

California 60

California Resources Community Lending 60

BankUnderground

AUGUST 16, 2022

Using The Global Network data set mapping the network of UK banks’ loan and security exposures, we find that the UK banking system’s direct CPRS exposures amount up to 6.1% This data set is made up of six supervisory data sources covering loan, debt and equity security exposures as well as derivatives exposures.

Policies 81

Policies Exercises System Security 81

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

DECEMBER 19, 2019

The revised Payment Services Directive ( PSD2 ) Strong Customer Authentication ( SCA ) regulation rollout in the EU has been a little bit on the bumpy side so far. 14 of this year, and while PSD2 did, the SCA part of the regulation has been put on hold. It was supposed to go into effect on Sept. For how long? Kakkar said.

Compliance 102

Compliance Regulation Strategy Training 102