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The legacy clock is ticking

Chris Skinner

He is also one of the Top 5 most influential people on BankInfoSecurity’s list of information security leaders, as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal. BRR: How critical are the capital requirements? CS: That is one of the main differences.

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Saudi Startup Lendo Helps SMBs With Invoices

PYMNTS

Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face. Lendo is backed by three venture capital firms in the Middle East, as well as a group of angel investors in the area. The startup was founded by Osama AlRaee and Mohammed Jawabri. .

Capital 131
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10 Top Banking Podcasts You Should be Listening to

Abrigo

Main Street Banking: A Podcast for Community Bankers 8. Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry.

Community 195
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Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC

PYMNTS

While its market capitalization is more than 30 times smaller than bitcoin, Tether’s volume has consistently exceeded it since early August at about $21 billion per day. “If

Bitcoin 141
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Plaid And Investing In FinTech’s Fragmented Future

PYMNTS

11), Plaid announced $250 million in venture capital funding, bringing the total amount raised to date to $310 million, with a valuation of $2.65 This Series C round was led by venture capitalist Mary Meeker, with participation from Andreessen Horowitz , Index Ventures and Plaid’s previous investors Goldman Sachs , NEA and Spark Capital. “We’ve

Fintech 149
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SoftBank Reportedly Tapping Into Online Used Car Trend

PYMNTS

According to Reuters , SoftBank “is in advanced talks to invest in Mexican used car platform Kavak and financial technology firm Konfio, several people familiar with the matter said, underscoring the company’s interest in Mexico as it pours money into Latin America. The latest evidence of that comes via Japan-based SoftBank.

Trends 115
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Can Moscow Overcome A Tarnished Tech Reputation?

PYMNTS

A renewed focus has been placed on researching and testing blockchain applications, as well as pushing the development of information and financial technology within the country, The CoinTelegraph reported. “It s recent exit from the EU, Moscow may throw its hat into the race to replace London as the FinTech capital of the world.