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Deep Dive: Striking A Balance In Digital ID Security

PYMNTS

Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. San Francisco took this rule a step further last month and banned all government use of facial recognition cameras. More than 4.5 Such systems have run into regulatory trouble in the U.S., with the U.S.

Security 129
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How Patreon Overcame Its Subscription Struggles

PYMNTS

The San Francisco-based company recently announced it has paid out more than$1 billion to creators via 4 million patrons. “On Patrons must be assured that creators will use their funding for additional projects, and that transactions will be protected from rising fraud threats impacting platforms worldwide.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. WrkRiot’s short-lived house of cards falls down.

Fraud 78
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Avalara, Signifyd Bring Sales Tax, Fraud Solutions to Magento E-commerce Marketplace

Fintech Labs Insights

FinDEVr alum and long-time Magento partner, Avalara announced that its sales-tax calculation solution, Compliance Cloud, will be a part of Magento 2.0 In addition, customers will get access to Avalara’s tax prep, filing and remittance services. The company made its FinDEVr debut at FinDEVr San Francisco 2015.

Taxes 12
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Fraud prevention tools. Virtual card issuance. Business lending and corporate cards. Broadly enabling online commerce. rate per transaction.

Online 98
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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

HQ: San Francisco, California. Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Fraud detection. Tags: Security, fraud, payments, ecommerce, Finovate alum. So far this year, fintech has attracted $7.9 Credit reports and personal financial services. billion valuation).

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa. Additional services range from checking accounts, savings accounts, direct and cash deposits, peer-to-peer transfers, and pre-paid or top-off cards that can be accessed digitally. Millennials.

Retail 78