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The United States Of Fintech Startups

CB Insights

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. KEY TAKEAWAYS.

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

PYMNTS

ATO and other fraud methods that rely on using stolen credit card numbers or other personal information are becoming decidedly popular with bad actors, who are employing increasingly sophisticated technologies to execute their scams. There were 4.1 About the Tracker.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

Ant Financial, the inevitable Fintech winner across the developing world, is a toddler at only 5 years old. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Every other person had a physics PhD and worked in risk management for large capital markets trading desks.

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Symbiont Completes Proof of Concept with R3, Credit Suisse, Ipreo

Fintech Labs Insights

With FinDEVr Silicon Valley 2016 only a few weeks away, it was great to hear that one of our FinDEVr alums, Symbiont ( FD16 ), has just completed the initial stage of a proof of concept that uses its blockchain and smart contract technology to improve the syndicated loan market. ” — Robert Berk, SVP/COO, U.S. Bank Capital Markets.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

When it comes to blockchain technology, there’s a lot of hype. Industry: Fintech. The company, which emerged from bankruptcy in 2013 and has struggled against digital technology trends, saw its stock jumped dramatically in response, ballooning as much as 335% to hit a high of $13.28 Longfin corp. Exchange: NASDAQ.

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Fintech Fundings: 35 Companies Raise $470 Million the Third Week of June

Fintech Labs Insights

This week, 35 fintech companies worldwide raised $469 million the second week of June. Fintech deals by size from 11 June to 17 June, 2016: Fenqile. Shanghai Suntime Information Technology. HQ: Wilmington, Delaware. Fintech company builder. ClearTax (ClearSharp Technology). Consumer microlender. PromisePay.

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Finovate Alumni News

Fintech Labs Insights

Forbes notes MaxMyInterest , Dragon Wealth , and EverSafe in a feature on the global growth of fintech accelerators. Market Visual integrates with the Tradier API to enable investors to manage stock portfolios and trade on a single platform. Ayasdi named a 2015 Technology Pioneer by World Economic Forum.