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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

FICO

Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market. In Oakland, one convenience store customer recently found a card skimmer. This card skimmer, found in an Oakland convenience store, has a recorder that is able to steal personal information found in a card's magnetic strip or chip. Read the full post.

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Watch 9 Fintech Startups Pitch at Techstars & Western Union Demo Day (Oct 2020)

Fintech Labs Insights

Description: Alternative credit scoring and lending in emerging markets. Description: Digital banking and spend management platform for global NGOs. Metrics: – LOIs with 3 major non-profits – $80M of aid payments already committed – Another $87M in pipeline – 1% global market share BEFORE full launch. HQ: Oakland, CA.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

HQ: Oakland, California. Digital banking company. Private tech stock market to sell pre-IPO shares. AI for capital markets news. Marketplace lender for residential solor projects. Latest round: $200 million Private Equity. Total raised: $224.9 Source: Crunchbase. Latest round: $56 million Debt (from Goldman Sachs).

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

Equities markets operator. HQ: Oakland, California. HQ: Oakland, California. Marketing platform for mortgage and real estate brokers. Digital bank. Tags: Consumer, lending, banking, deposits. Aire raised an undisclosed amount to further its new credit scoring system. Latest round: $252.7 million IPO.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 HQ: Oakland, California. Digital banking app. million, for a $12 billion annual run rate. The total included at $46 million in debt. Latest round: $70 million Series D. Total raised: $102.2

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