PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

Capital 175

Capital Security cryptocurrency Fraud 175

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

PYMNTS

JULY 30, 2019

A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people. Software engineer Paige Thompson, 33, allegedly boasted about the hack and left crumbs for investigators to follow, The New York Times reported.

Capital 219

Capital Seattle United States New York 219

PYMNTS

JANUARY 12, 2021

Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

Capital 178

Capital Tools Lending Community 178

PYMNTS

AUGUST 27, 2018

To enhance liquidity, ATM servicer and software provider Diebold Nixdorf has secured a $650 million capital commitment from two institutional lenders and started a process to amend its existing credit agreement. The news comes as the company has reportedly started considering a sale and hiring financial advisors.

Capital 109

Capital Security ATM Software 109

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. India-based Xtracap secured $1 million in angel funding, YourStory reported. Xtracap Fintech. Apollo Agriculture.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

DECEMBER 18, 2020

But it was a Bellevue, Washington-based beauty and wellness industry enterprise software firm that secured the largest funding this week, coming in at $160 million. The fundraising was headed up by Advent International via Advent Tech and Sunley House Capital, an Advent affiliate. landed funding rounds. CloudTrucks.

Capital 192

Capital Company Washington Resources 192

PYMNTS

JUNE 24, 2020

Zopa , the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial Times reported. “We In December, PYMNTS reported Zopa expected to receive £130 million ($1.67 Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

PYMNTS

JANUARY 5, 2017

Startups in India have been looking towards venture capital for financing in the absence of traditional bank loans. And while InnoVen Capital is a top provider of that capital, it’s now looking to facilitate startups’ search of traditional financing by teaming up with other lenders. Reports Wednesday (Jan.

Capital 101

Capital Security Analytics Operations 101

PYMNTS

SEPTEMBER 15, 2020

Social Capital Hedosophia is looking to raise $500 million for a new blank check company, Bloomberg writes. Bloomberg writes that they've now confidentially filed with the Securities and Exchanges Commission (SEC), according to unnamed sources. Social Capital Hedosophia said its second SPAC, Social Capital Hedosophia Holdings Corp.

Capital 150

Capital New York Trends Company 150

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Factors Affecting Working Capital Needs. Automating Capital Management.

Capital 218

Capital Management System Examples 218

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. PYMNTS breaks down the companies that did manage to secure funding, below. With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

PYMNTS

AUGUST 29, 2019

29), according to a report by Reuters. . A federal grand jury indicted 33-year-old software engineer Paige Thompson, a former employee of Capital One, for the crime. Capital One stored its data with Amazon’s cloud division, called Amazon Web Services , and Thompson accessed the data from there.

Capital 130

Capital Fraud Data Security 130

PYMNTS

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. The funds will go toward customer outreach, reports said. The company raised $2.5

Capital 162

Capital Software Lending Online 162

PYMNTS

OCTOBER 5, 2020

Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,

Security 202

Security Bitcoin Capital Analytics 202

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

DECEMBER 18, 2020

Cybercriminals have been homing in on eCommerce retailers that are seeking to capitalize on the rise of online shopping this season, as they believe that “they will be more likely to get through unabated,” the company said. Furthermore, 22 percent of Americans have reported being targeted by COVID-related fraud.

Report 333

Report Fraud Strategy Retail 333

PYMNTS

MARCH 1, 2016

In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. 29) that it has brought on board Amazon’s former chief security officer, Tom Killalea.

Capital 100

Capital Security Data Software 100

PYMNTS

APRIL 11, 2017

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 The company has secured significant venture capital, too. million through this route.

Capital 122

Capital Lending Security Report 122

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

OCTOBER 2, 2020

As it capitalizes on the unforeseen sharp rebound in its business, Airbnb Inc. is seeking to bring in roughly $3 billion in funding through an initial public offering (IPO), Reuters reported, citing unnamed sources. Talks with Ackman concluded when Airbnb filed privately for an IPO in August, Bloomberg previously reported.

Report 215

Report Marketing Capital Security 215

PYMNTS

AUGUST 1, 2019

Corporate credit card data was not exposed in the massive Capital One data breach that came to light earlier this week, according to Business Travel News reports. While customers of Capital One’s commercial banking division were not affected, reports noted that small business customers were affected by the breach.

Capital 122

Capital Data Cards Seattle 122

PYMNTS

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. DayTek was just launched this year, in Queensland, according to the report.

Capital 154

Capital ATM Analytics Report 154

PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Brazil-based facial recognition and identification technologies provider Acesso Digital recently reported that more than 5.2

Video 211

Video Report Meeting United States 211

PYMNTS

APRIL 18, 2019

Reports in Blockchain News this week said Panxora has introduced a treasury management service to help the company and project founders who turn to ICOs to secure the capital they have raised, and mitigate the risk of cryptocurrency volatility. Overall, only 44 percent of ICOs live to see their fifth month.

Capital 108

Capital cryptocurrency Boston Management 108

PYMNTS

JULY 9, 2020

Relying on static usernames and passwords to authenticate customers is no longer sufficient, and many FIs are therefore examining how tools like biometrics can offer greater security. A recent report highlighted this problem and advised FIs to adopt harder-to-trick methods like biometric authentication. Get the scoop in the Playbook.

Fraud 261

Fraud Report Tools Security 261

PYMNTS

JULY 31, 2019

Krebs On Security is reporting that the alleged Capital One hacker may have also targeted and stolen data from other corporations. Krebs on Security joined the group and combed through months of posts. Capital One Chairman and CEO Richard D.

Capital 108

Capital Company Security Data 108

PYMNTS

JULY 30, 2019

The security breach at Capital One that exposed 100 million credit card applications and thousands of bank accounts and Social Security numbers is rapidly seeing repercussions. . Also on Tuesday, a man affected by the Capital One breach filed a lawsuit against the firm. Reuters reported. and 6 million in Canada.

Capital 108

Capital Connecticut Washington social media 108

PYMNTS

OCTOBER 2, 2018

Enterprise cybersecurity startup Tanium has raised additional funding just five months since its last investment round, according to reports on Tuesday (Oct. According to reports, Tanium addresses security friction within businesses caused by a disparate security strategy.

Security 134

Security California Data Compliance 134

PYMNTS

MAY 21, 2020

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC reported in its newest Consumer Protection Data Spotlight that service members typically report misuse of their credit and debit card data. percent of the 3.2

Report 177

Report Fraud Data Cards 177

PYMNTS

FEBRUARY 28, 2019

It was led by “Energize Ventures and Lux Capital, each of whom invests heavily in companies, fundamentally advancing how society implements and utilizes advances in technology,” Zededa said in a statement. IoT Security Concerns. Security Upgrades? 25) that it had raised $16 million in a Series A funding round.

Security 198

Security Survey Course Data 198

PYMNTS

JANUARY 28, 2020

Secure payments provider PCI Pal launched a new digital service on Tuesday (Jan. 28) that will let organizations offer ultra-secure payments across a multitude of channels, from social media to email and everything in between. Using the service, customers will be able to pay securely through any channel.

Security 141

Security Payments social media California 141

Let's Talk Payments

JULY 3, 2017

As subsets of financial markets, capital markets are integral parts in producing monetary output in economies globally, through which debt or equity-backed securities are bought and sold. Capital Markets are.

Capital 108

Capital Marketing Innovation Technology 108

PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The committee, which is the result of the 2016 SEC Small Business Advocate Act, will meet for the first time in early May, according to reports.

Capital 108

Capital Lending Regulation Report 108

PYMNTS

JUNE 6, 2019

Lighter Capital, an alternative lender targeting the startup community, is adding new financing products to its offering. In a press release issued on Wednesday (June 5), Lighter Capital said it will add lines of credit and term loans to its current offering of revenue-based financing.

Capital 108

Capital Lending Community Fintech 108

PYMNTS

AUGUST 1, 2019

UniCredit , in a memo to its staff on Thursday, said that an internal investigation showed no evidence that a recent data breach at Capital One involved any of its own data, according to a report by Reuters. She is thought to have stolen data on more than 100 million Capital One customers from an Amazon cloud service.

Capital 108

Capital Data Security Fraud 108

PYMNTS

FEBRUARY 28, 2020

But for all the pressure to push forward, there are plenty of stumbling blocks and stutter steps when it comes to providing for security, the availability of tech or access to capital. 82 percent: Portion of employers reporting shortages in cybersecurity professionals. 27K: Approximate membership of a “stop 5G” U.K.

Security 130

Security Retail Mobile Lending 130