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NY Man Gets Jail Time For $390K Card Skimming Scheme

PYMNTS

The case was prosecuted by Homeland Security Investigations, along with agents of the U.S. Secret Service’s Boston Field Office; the East Longmeadow, Cambridge, Ludlow and Medford police Massachusetts’ and various district attorneys’ offices.

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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

Companies across the globe are innovating their mPOS solutions for faster, more secure services. In this month’s feature story, PYMNTS caught up with vendors from Boston and San Diego to explore how mPOS is becoming increasingly critical to winning business at Pride events. Around the Mobile Point-of-Sale World.

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FinCEN Steps up Efforts to Protect Against the Six Biggest Threats to the U.S. Financial System

Abrigo

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

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Strategic Insight Buys BrightScope for Reported $35+ Million

Fintech Labs Insights

One of our earliest alums, financial information and technology company BrightScope , has been acquired by data and business intelligence provider, Strategic Insight. ” Commenting on the news, Strategic Insight CEO Joel Mandelbaum said, “BrightScope is well known for its unique retirement data and its technology innovation.

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55 US Companies That Became Unicorns In 2018

CB Insights

New York, Boston, Chicago, and Nashville, among other cities, all played host to newly minted unicorns last year. Company Description: Samumed is a San Diego biotech company that develops tissue regeneration therapies. Plaid Technologies. Check out our real-time Unicorn Tracker for a full list of $1B+ companies).

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Fintech Fundings: 20 Companies Raise $300 Million Week Ending July 17

Fintech Labs Insights

Source: Boston Business Journal. HQ: San Diego, California. MDX Technology. Tags: Investing, credit, lending, margin, securities. Source: Finovate. Merchant-issuer collaboration software. HQ: Toronto, Ontario, Canada. Latest round: $45 million. Total raised: $45 million. Source: FT Partners. RealtyMogul.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Company: AOptix Technologies. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts.

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