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Gonzo Notes from Money20/20

Gonzobanker

Samsung bought LoopPay with its Magnetic Secure Transmission technology, which gives it the ability to reach merchants in a way that other wallets cannot due to having both the NFC (near-field communication) and MST (magnetic secure transmission) technologies. Innovation in security. Apple Pay … not.

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Fintech Fundings: $110 Million Raised by 13 Companies Week Ending Dec 4

Fintech Labs Insights

ThetaRay : The Israeli company fintech security company raised $5 million from Alibaba. Small business lending technology. HQ: North Ridgeville, Ohio. Blockchain-based bitcoin analytics. Tags: Enterprise, big data, security, Alibaba (investor), Finovate alum. In total, the 13 companies pulled in $112.7 ExpenseBot.