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FinCEN Announces New Digital Innovation Officer/Deputy Director

PYMNTS

The Financial Crimes Enforcement Network (FinCEN) has announced Michael Mosier as its new digital innovation officer and deputy director. As Deputy Director, Mr. Mosier oversees FinCEN’s wide-ranging work to protect the financial integrity and national security of the United States,” the release states.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms.

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B2B Innovators Land Funding For AP, Cybersecurity

PYMNTS

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

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New Unicorn Revolut Will Use Capital For International Expansion

Bank Innovation

billion, will use the new funding to expand to further markets, including the United States, Australia, and Hong Kong. -based digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. The company, which is now worth $1.7

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Why Venture Capital Is Accelerating In Asia — Why It’s Different From The Valley

PYMNTS

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

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T-Mobile Turns Venture Capitalist In Hunt For 5G Innovations

PYMNTS

The move comes on the heels of T-Mobile’s announcement last month that it had flipped the switch on mid-band 5G towers in 90 cities and towns across the United States, with plans to add thousands more by the end of the year. To that end, T-Mobile on Wednesday (Oct.

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Duffel Funding Round Adds Fuel To Travel Industry Innovation

PYMNTS

million in fresh funding, capital that will go toward “a B2B offering (that allows) individual travel agents at large online travel management companies and tour operators to offer a ‘seamless travel experience’ to their end customers, making the booking experience simpler, faster and cheaper.”. based startup called Duffel. Payments Cost.