PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. She added that the cybersecurity unit’s total head count has risen over the past several years, explaining that “the Cyber Team is a net importer of talent within Capital One.”.

Security 168

Security Seattle Capital United States 168

PYMNTS

AUGUST 4, 2019

The woman responsible for the Capital One hack reportedly pulled it off through a vulnerability in the cloud. The FBI arrested a Seattle area woman, Paige A. Thompson, on a charge of computer fraud and abuse. Once she found the Capital One data, she was able to download it without triggering any alerts.

Capital 128

Capital Seattle Online Security 128

PYMNTS

JULY 29, 2019

Capital One announced that a hacker had accessed about 100 million credit card applications, as well as thousands of Social Security and bank account numbers. The Washington Post reported that the FBI has arrested a Seattle area woman, Paige A. Thompson, on a charge of computer fraud and abuse.

Cards 116

Cards social media Capital Seattle 116

PYMNTS

OCTOBER 17, 2016

First Data has rolled out a commerce technology solution at CenturyLink Field and CenturyLink Field Event Center in Seattle, home to the NFL’s Seattle Seahawks, designed to “take the fan experience to the next level” for those at the stadium. Payments Take The Field. They can be very versatile.

Seattle 100

Seattle Mobile Apple Google 100

PYMNTS

AUGUST 16, 2019

Additionally, Capital One used Amazon cloud services when it was hacked in July, and the accused hacker is a former Amazon engineer. The newest lawsuit, which was filed earlier this month in federal court in Seattle, includes Amazon as a defendant. When asked about specifics, Amazon would not comment.

Report 108

Report Seattle Security Capital 108

PYMNTS

JANUARY 25, 2019

Despite raising over $125 million in venture funding from the likes of Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital, M13 and others, it seem Munchery couldn’t quite serve up the business needed to stay a going concern. Crypto daily fraud: As much as $2.5

Los Angeles 122

Los Angeles San Francisco Fraud Seattle 122

PYMNTS

NOVEMBER 5, 2019

The type of tax paid — capital gains tax, corporation tax, income tax, national insurance contributions, stamp taxes or VAT — will be decided by the tax authority. In other news, crypto exchange Bittrex is being sued over a SIM swap that enabled criminals to obtain 100 bitcoin, currently worth nearly $1 million.

Taxes 100

Taxes Bitcoin blockchain Seattle 100

PYMNTS

DECEMBER 14, 2017

Meanwhile, in America, Amazon has reportedly slashed the number of open positions at its Seattle headquarters and is even talking about a hiring freeze leading up to major capital expenditures on its forthcoming second headquarters in a city TBD.

Apple 128

Apple Google Seattle San Francisco 128

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Fraud prevention tools. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Source: Finix.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

SEPTEMBER 3, 2016

For the third year in a row I traveled from Seattle to the LA-area to drop off my son at college. Thank goodness I had my trusty Capital One card along, because it seems to do a far better job minimizing false positives (for fraud), at least for my account. Capital One did have its concerns along the way though.

Los Angeles 14

Los Angeles America Cards Seattle 14

Fintech Labs Insights

SEPTEMBER 3, 2016

For the third year in a row I traveled from Seattle to the LA-area to drop my son off at college. Thank goodness I had my trusty Capital One card along, because it seems to do a far better job minimizing false negatives, at least for my account. Capital One did have its concerns along the way though.

Los Angeles 17

Los Angeles America Cards Seattle 17

PYMNTS

AUGUST 11, 2019

Capital One and Amazon Web Services are being sued by customers due to the massive hack that impacted more than 106 million people, GeekWire reported. She formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. The hack has led to multiple lawsuits against Capital One.

Kentucky 134

Kentucky Capital Seattle Washington 134

Fintech Labs Insights

MARCH 28, 2016

HQ: Seattle, WA. Connects marketplace lenders to institutional capital. Tags: Investors, big data, business intelligence, investing, capital markets. Blockchain forensics tools. Latest round: $5 million. Total raised: $7 million. HQ: London, England, UK. Source: Crunchbase. CrowdStreet. Latest round: $4.92 million Series A.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

MAY 5, 2016

Account and transaction security is one of the first features having huge impact both on consumers (peace of mind, less hassle) and financial institutions (fewer false negatives, lower fraud costs, less customer service expense). Another area where huge benefits exist? Proactive communications about finances.

Mobile 12

Mobile Tools Seattle Online 12

PYMNTS

JULY 23, 2018

The development of new technologies is threatening to disrupt the business models of many of these traditional players, as fast, efficient and low-cost platforms are providing access to capital that traditional banks are either unwilling or unable to deliver to the marketplace. . Lingering Fraud Risk . Switch, Inc.,

blockchain 108

blockchain Cards Study Seattle 108

CB Insights

AUGUST 14, 2018

. “While recent stories and reports of a new entity competing with the three major carriers in the United States grabs headlines, the reality is it would be a daunting task requiring tens of billions of dollars in capital and years to build sufficient scale and density to replicate existing networks like FedEx,” [Mike] Glenn said.

Bitcoin 78

Bitcoin Apple Industry Nebraska 78

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business. Declared Bankruptcy: 2018.

Apple 78

Apple Branding Google Company 78

Fintech Labs Insights

OCTOBER 12, 2015

Seattle-based Praesidio now has total capital of more than $5 million courtesy of a new investment of $3.1 If you were a cybersecurity startup making your first appearance at a FinDEVr event, what would you bring to your debut? How about more than $3 million in new funding ?

San Francisco 12

San Francisco Seattle Washington Big Data 12

CB Insights

AUGUST 1, 2017

We define Chinese investment as participation in private financing rounds by investors (corporate, venture capital, angel, private equity, etc.) In May, Tencent opened an AI research lab in Seattle focused on speech recognition as it looks to apply AI research to its social media, online games, and cloud services. Hong Kong or Taiwan).

US 32

US DC Washington Capital 32

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Now that’s what you call a change of momentum.

Community 216

Community Fintech Industry Innovation 216

CB Insights

NOVEMBER 9, 2017

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. The 101 Biggest Product Failures Of All Time. A most-wanted founder.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

OCTOBER 31, 2017

“The initial 7 years were all about having negative working capital, positive cash flow and a sustained ability to fund our own growth. I started treasuring GMV, room-nights and other ‘vanity’ metrics instead of the fundamentals of cash flow and working capital,” he explained. Those were the only metrics we tracked. Read more here.

Company 78

Company US San Francisco Capital 78