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Data Dive, Fall Chill Edition: Fraudsters, Sears And India’s Data Privacy Laws

PYMNTS

fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time — sweaters, as this week will be an excellent opportunity to enjoy New England’s crisp fall weather. As of September 2018, losses from gift-card fraud have hit $53 million. Gift Cards’ New Unfavorable Fans.

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2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Fiserv DNA continues to rack up successes in large credit unions, savings banks, and even a few regional commercial banks. Has to be M-O-E. Bank Merger of the Year.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

However, interest in ICOs cooled after a number of fraud allegations and a crackdown by the SEC. Boston Consulting Group predicts, however, that only a few investment banks will ever again be able to grow to that kind of size. In 2017, startups raised $5.6B from ICOs worldwide, and the growth continued into the early months of 2018.

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242 Startup Failure Post-Mortems

CB Insights

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. Title: Boston startup Besomebody, once featured on ‘Shark Tank,’ shuts down app. Read more here. Title: Social bookmarking pioneer Delicious heads to the dead pool.

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