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B2B Startups Land Funding For Risk Mitigation Tech

PYMNTS

This week's B2B Venture Capital roundup saw more than $76 million in new funding. The startup, which raised the funding from angel investors including Southern Water Managing Director Rob Barnett, EV Cargo CEO Craig Sears-Black and Lyre's Spirit Co. CEO Carl Hartmann, was founded amid the pandemic as supply chain risks skyrocketed.

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Many CUs have since leaned into these efforts with digital innovations aimed at a range of issues, such as tackling fraud or enhancing members’ remote banking access. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification.

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Payroll Faces Cyber Threats From All Sides

PYMNTS

On top of this internal fraud, cyberattackers are also targeting payroll systems with similar intentions. A similar case in Tallahassee , Florida saw nearly half a million dollars diverted from city payroll systems, the result of a suspected foreign cyberattack on the government’s human resources management portal.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal, CFA senior research manager, The Asian Banker.

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Inventor Of The Web, Tim Berners-Lee, Wants To Take It Back

PYMNTS

In a recent PYMNTS interview , CEO Gabriel Weinberg talked about how his company raised $10 million in fresh capital — only the second funding round for the 10-year-old, Pennsylvania-based operation — and has plans to better promote itself to a global audience, while also offering other privacy protection technology. And am I okay with that?

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Michael Praeger, CEO and co-founder of AvidXchange , said it’s past time to bring automation into the space to optimize invoice management and payment processes. In May, the startup announced a partnership with Premier Community Bank in Bradenton, Florida, which Praeger said will extend its reach into this difficult vertical.

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Michael Praeger, CEO and co-founder of AvidXchange , says it’s past time to bring automation into the space to optimize invoice management and payment processes. In May, the startup announced a partnership with Premier Community Bank in Bradenton, Florida that Praeger said will extend its reach into this difficult vertical.

Taxes 101