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Bitcoin Daily: Crypto ATM Network Coinme Raises $5.5M As Transaction Volume Jumps; App Abra Nets $5M From Stellar

PYMNTS

Seattle-based digital currency ATM company Coinme has brought in a $5.5 Bill Barhydt, CEO of Abra, said his team will harness Stellar’s “ability to use traditional banking infrastructure” as it creates additional banking technologies.

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Bitcoin Tracker: Easy Access Is ‘Easier’ With ATMS & Gift Cards

PYMNTS

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. The average rate of a new bitcoin ATM? But maybe ATMs won’t indeed be the way that people access bitcoin.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Digital Security. This continued to be a hot area with several deals including: TransUnion’ s acquisition of identity analytics provider Neustar Mastercard acquired digital identity provider Ekata Canapi Ventures invested in security/behavior analytics firm Neuro-ID The aforementioned DefenseStorm funding round.

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CLEAR CEO: Biometrics, Ballparks And Bridges To A Portable ID

PYMNTS

Our operating [thesis] is that, going forward, security demands are going to grow, not diminish — and identity is a key element of security,” Cornick told Webster. We want to build the bridge that connects the gap between the need for security and the need for fiction-free experiences.”.

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A New Human Connection

Independent Banker

Interactive video ATMs draw attention as an alternative retail delivery option. ATMs with video connections to bank staff in a centralized back office have been getting a lot of buzz within the industry. Video ATMs are roughly 1.5 That would reduce the number of video ATMs a bank would need to deploy, he points out.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

The biometric software behind facial recognition applications can identify facial structures, contours, and expressions, making it a no-brainer for security and identification purposes. While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets.

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Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

The total value of deals this week was $206 million, with half ($100 million) going to Canadian blockchain technology provider Blockchain Intelligence. . Alkami Technology. Digital banking technology. HQ: Seattle, Washington. Sound-based payment & banking technology. Investment & trading technology.

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