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Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud

PYMNTS

‘Tis the season … to be very, very wary of phishing and other types of fraud. Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion.

Fraud 100
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This Week In Insurance Tech: Gojek Rolls Out Online Insurance, Blockchain-Enabled Insurance Tests, AXA Partners with ClassPass

CB Insights

Goodcover , a San Francisco-based insurtech, raised a $2M seed round led by Fuel Capital. Proformex , a Cleveland-based life insurance policy management platform, raised $500K from undisclosed investors as indicated in its Form D filing. The company has raised $7M in total disclosed funding to date. PARTNERSHIPS.

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Cognitive Technology: A shelter in the storm of regulatory change

Insights on Business

This is capital that cannot be deployed elsewhere or used to create value. More effective use of technology is key to better adapt to regulatory changes, cut costs and free up much of that locked-up capital. When the Watson-powered IBM Safer Payments system went online in France, it was fed 4.7 The system can learn.