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Top News In Payments: House Committee Holds RTP Hearing; DoorDash Reveals May Data Breach

PYMNTS

House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. Sam’s Club is teaming with Humana and other firms to offer discounts on healthcare services to members in Pennsylvania, Michigan and North Carolina.

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Is a cashless future all that it seems?

NCR

It would therefore seem to be “full steam ahead” with banks and the financial technology industry and media on the benefits of cashless, when reading many of these articles. Twenty-five percent of consumers also raised concerns as they feel more prepared and secure using cash. Faster payments still only account for 2.7%

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Fintech Fundings: 23 Companies Raise $120 Million Week Ending Oct 30

Fintech Labs Insights

HQ: Durham, North Carolina. Clarus Financial Technology. Tags: Security, privacy, cryptocurrency, data. Source: Crunchbase. Identity proofing solutions. Latest round: $10.45 million Post IPO equity. Total raised: Unknown. HQ: Melbourne, Australia. Source: Finovate. Latest round: $10 million. Source: Crunchbase.

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

15 million to security provider Trulioo. Diversified financial technology provider. HQ: Charlotte, North Carolina. Tags: Enterprise, security, authentication, security, Finovate alum. Another $290,000 to top-off a $750,000 round at Nous. Source: Finovate. Tools for self-insured businesses.

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The 2023 GonzoBanker Awards

Gonzobanker

We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. The Monty Python “Biggus Dickus” Award – goes to Sen.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Working with Banks and financial services partners to build fast, scalable and secure payments. 11:27 am IBM Security Trusteer – [link] – @IBMSecurity – Ayelet Shomer – Shaked Vax. Tokbox features include 2 factor authentication, co-browsing and collaboration, secure recording and multi-party calls.

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37 Corporate Innovation Labs In Finance

CB Insights

GFT’s Digital Innovation Lab focuses on improving the consumer banking experience, both online and in branches, while ensuring banks are meeting security and efficiency needs. This reduces the number of manual responses on securities trades, allowing information to move more quickly. ALLY Financial — TM Studio.