Fintech, Fraud and New York City - Community Banking Brief

Themes & Takeaways From the 2022 Real-Time Payments & Fraud Management Summit

Perficient

NOVEMBER 30, 2022

Our Payments Practice recently had the opportunity to represent Perficient at the 2022 Real-time Payments & Fraud Management Summit held in New York City. . The conference was attended by several Financial Institutions, Service Providers, Fintechs, and Industry Regulators.

Fraud

Fraud Management Payments New York City

London B2B FinTechs Win Big As Market Preps For Disruption

PYMNTS

JUNE 23, 2017

We break down all the B2B FinTech funding rounds below. The new funding will help the company expand geographically in the U.S., with plans to open an office in New York City later this year. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions.

Fintech

Fintech Marketing New York City Capital

Where is the Financial Services Industry in the digital transformation journey?

Insights on Business

NOVEMBER 8, 2018

I thought one panel participant explained eloquently where the financial services industry is in the digital transformation journey when he put it in terms of the incumbent bank’s relationship with fintechs. He observed: We’re in what was described as “Phase 3” with fintechs.

Industry

Industry San Francisco New York City Fraud

Webinars

Live Demo: How to Achieve Reconciliation Zen

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Succeeding in the future of payments

Insights on Business

APRIL 2, 2019

Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. The future of payments will increasingly be shaped by fintechs who are quick to respond to market needs with new payment services that offer exceptional value and customer experience.

Payments

Payments New York City Fraud New York

Top News In Payments: Stripe Grows Presence In Europe; Apple Introduces Fall Lineup

PYMNTS

SEPTEMBER 10, 2019

How FinTech Apps Can Ace Security. As a result, companies must either invest in teams of AML specialists or fraud-fighting technologies. As a result, companies must either invest in teams of AML specialists or fraud-fighting technologies. B2B Payments: Moving from Inertia to Ignition.

Apple

Apple New York City Payments New York

Visa’s Plaid FinTech Play, RTP And BNPL Top This Week’s News

PYMNTS

JANUARY 17, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into real-time payments and news on Visa ‘s FinTech play with Plaid and insight into buy now, pay later (BNPL). FinTech Play, Wrapped In Plaid.

Fintech

Fintech New York City New York Mobile

Real-Time Payments Fraud: Can Elephants Learn to Dance?

FICO

NOVEMBER 1, 2019

Here, achieving success often involves adopting technologies that let established firms connect their past with their future, in ways that catapult robust-but-inflexible legacy infrastructure into new markets and contexts. However, fast time to market only accentuates fraud risk, because real-time payment systems are catnip to fraudsters.

Fraud

Fraud Payments Compliance New York City

Investors Haven’t Forgotten About Alternative SMB Finance

PYMNTS

DECEMBER 15, 2017

This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. million in funding it just raised to continue growing in the fraud and risk management industry. Simility plans to use the $17.5

Fraud

Fraud Capital New York City Lending

Visa Q2 Earnings: X-Border, Digital Payment Growth Expected

PYMNTS

JULY 22, 2019

Growth will be fueled by new acquisitions, partnerships and collaborations with companies across the FinTech spectrum, similar to the company’s earnings report from the previous quarter, which surpassed expectations. They announced the acquisition of Rambus in June, which uses tokens to prevent payments fraud.

Payments

Payments New York City New York Conference

Worldpay Transforms Merchant Onboarding with FICO Platform

FICO

MAY 8, 2019

These updated changes have helped increase accuracy of reporting, reduce portfolio risk, reduce costs and minimize fraud, while continuing to meet industry compliance standards. “In Tanya Andreasyan, editor-in-chief, FinTech Futures / Banking Technology. The 2018 judges are: Sid Dash, research director at Chartis Research.

New York City

New York City Management Innovation New York

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Labs Insights

SEPTEMBER 21, 2015

The money flow into fintech continued unabated this week with more than a half-billion ($557 million) raised by 24 companies. Year-to-date fintech firms have raised $13 billion. The total included one new alum, Praesidio , which will be presenting its security and fraud control integrations at next month’s FinDEVr.

New York City

New York City San Francisco Company Fintech

Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

MARCH 1, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 Seven weeks into the new year, fintech companies have raised $4.7

New York City

New York City Company Fintech San Francisco

Fintech Fundings: 17 Companies Raise $4.8 Billion Week Ending April 22

Fintech Labs Insights

MAY 2, 2016

billion funding at Alipay’s Ant Financial , we just set the one-week record for fintech venture funding with $4.79 Here are the fintech deals by size from 16 April to 22 April 2016: Ant Financial. Ecommerce payments fraud technology. HQ: New York City. HQ: New York City.

San Francisco

San Francisco New York City Company Fintech

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. million went to Finovate alum Pindrop to further its phone-based fraud solutions. $5 million went to Finovate alum Pindrop to further its phone-based fraud solutions. $5 Fintech deals by size from 6 Aug to 12 August 2016: Interactions.

San Francisco

San Francisco New York City Fintech Company

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

Fintech Labs Insights

NOVEMBER 2, 2015

In total, 23 fintech companies raised more than $121 million including Finovate alums Spreedly which brought in $2.5 HQ: New York City. HQ: New York City. HQ: New York City. Tags: Security, fraud, AML, KYC, compliance, Finovate alum. mil), iSignThis ($10.5 million Series B.

Los Angeles

Los Angeles New York City San Francisco Company

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

NOVEMBER 12, 2015

It was a quieter week in fintech fundings. And we are not sure if the NCR inflow should even be considered “new money.” HQ: New York City. HQ: New York City. The post Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12 appeared first on Finovate.

New York City

New York City Company Fintech San Francisco

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

JUNE 16, 2016

Fintech deals by size from May 14 to 20, 2016: Clover Health. Fraud detection for ecommerece & financial services. HQ: New York City. HQ: New York City. HQ: New York City. Acclerator: VC Fintech. Total dollars raised YTD is now $15.1 Health insurance provider.

San Francisco

San Francisco Company South Carolina New York City

Fintech Fundings: 23 Companies Raise $530 Million Week Ending July 8

Fintech Labs Insights

AUGUST 5, 2016

Fintech deals by size from 2 July to 8 July, 2016: Qufenqi. HQ: New York City. HQ: New York City. Credit card & mobile payments fraud protection. The post Fintech Fundings: 23 Companies Raise $530 Million Week Ending July 8 appeared first on Finovate. Total raised: $874 million.

San Francisco

San Francisco Company New York City Fintech

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

MARCH 28, 2016

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. HQ: New York City.

Company

Company Fintech San Francisco New York City

Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

MARCH 22, 2016

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. Here are the fintech deals by size from 12 March to 18 March 2016: Future Finance. HQ: New York City. HQ: New York City. HQ: New York City. Ghaio Fintech. SmartAsset.

Company

Company New York City Fintech Colorado

Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

AUGUST 11, 2016

As July drew to a close, fundings continued their brisk pace with 26 new fundings during the week ending July 22. There has been an average of 28 fintech deals per week this year. Fintech deals by size from 16 July to 22 July, 2016: CommonBond. HQ: New York City. HQ: New York City.

Fintech

Fintech Company San Francisco New York City

Fintech Fundings: 30 Companies Raise $100 Million Week Ending Dec 11

Fintech Labs Insights

DECEMBER 14, 2015

Buoyed by 7 Startupbootcamp Insurance entrants each grabbing $17,000, a record 30 fintech companies raised money this week for a total of just under $100 million ($95.8 million to further card-fraud methods. With just two weeks remaining in the year, the total invested in private fintech companies YTD is $18.1 Clip (PayClip).

San Francisco

San Francisco Company Fintech New York City

Fintech Fundings: 15 Companies Raise $150 Million Week Ending August 31

Fintech Labs Insights

AUGUST 28, 2015

YTD, the fintech sector has raised $12 billion. HQ: New York City. The post Fintech Fundings: 15 Companies Raise $150 Million Week Ending August 31 appeared first on Finovate. Tags: Security, fraud, mobile, payments. Socure , a social biometrics provider and FinovateFall 2015 presenter, raised $2.5

Company

Company Fintech California San Francisco

Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

JUNE 6, 2016

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). HQ: New York City. HQ: New York City. The post Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13 appeared first on Finovate. Total dollars raised YTD is now $14.7 billion, more than twice the $6.7

Company

Company Fintech San Francisco New York City

17 Of The Biggest Startup Frauds Of All Time

CB Insights

MAY 23, 2019

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. Mozido’s fintech fraud fiasco. Total Funding: $1.1B.

Fraud

Fraud Las Vegas Company Video

Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

JULY 23, 2015

While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. HQ: New York City. The post Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23 appeared first on Finovate. million for its mobile P2P payment service. government. Argos Risk.

Company

Company Connecticut Fintech Austin

Rippleshot Earns Spot in SixThirty Accelerator’s Incoming Cohort

Fintech Labs Insights

SEPTEMBER 30, 2015

Founded in June 2013, Rippleshot demonstrated its technology at FinovateFall 2014 in New York City. The company has won accolades for its technology that helps detect card payment fraud, earning finalist spots at the BBVA Open Talent Competition in August , and the MRC METAwards in March. Investment POD.

St. Louis

St. Louis New York City Chicago New York

Klarna Goes Live with SAP’s Smart AFI

Fintech Labs Insights

SEPTEMBER 27, 2016

As a perk to retailers, Klarna assumes the credit and fraud risk of a transaction to ensure retailers receive payment. debut just one year ago , the company is headquartered in Columbus, Ohio and has offices in San Francisco and New York City. Spotify, Disney, and Samsung are among the company’s clients.

San Francisco

San Francisco Ohio New York City Columbus

Socure Secures $2.5 Million in Debt Financing

Fintech Labs Insights

AUGUST 4, 2015

Socure provides a real-time identity verification technology to help payments remittance companies, FIs, and online merchants combat identity fraud. Founded in August 2012 and headquartered in New York, Socure demonstrated its Social Biometrics solution at FinovateFall 2013. The post Socure Secures $2.5

Security

Security New York City New York Conference

Hoyos Labs Rebrands as Veridium, Launches New Biometric Authentication Solution

Fintech Labs Insights

SEPTEMBER 19, 2016

With the launch of its new, end-to-end biometric authentication solution – VeridiumID – the security innovator that demoed its technology at FinovateFall 2014 as Hoyos Labs is now Veridium. “We’re making biometric authentication a solution of today, not tomorrow,” he said. The company also has offices in the U.K.

New York City

New York City Massachusetts Boston New York

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

Fintech Labs Insights

APRIL 25, 2016

For the third time this year, we tied the single-week record of 39 fintech financing deals. This week, those 39 fintech startups raised a whopping $932 million, (or $680 million not counting the $253 million Bats Global IPO). Aire raised an undisclosed amount to further its new credit scoring system. HQ: New York City.

San Francisco

San Francisco Fintech Company Lending

Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

JULY 21, 2016

It was a huge week in German fintech funding, coinciding with, but too soon to be caused by, Brexit. All told, 26 fintech companies worldwide raised $281 million during the third week of June including five Finovate alums: Plaid landed $44 million from Goldman Sachs. Fintech deals by size from 18 June to 24 June, 2016: Circle.

New York City

New York City Fintech Company San Francisco

Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21

Fintech Labs Insights

MAY 21, 2015

HQ: New York City. Fraud protection solutions for the enterprise. HQ: New York City. HQ: New York City. The post Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21 appeared first on Finovate. Credit Sesame $16 million. Planwise $750,000. Bitbond $670,000.

San Francisco

San Francisco New York City Company California

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

Fintech Labs Insights

FEBRUARY 15, 2016

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 Three Finovate alums raised new cash: Xignite pulled in $20.5 Six weeks into the new year, fintech companies have raised $4.5 HQ: New York City; Stockholm, Sweden.

Company

Company Fintech New York City Comparison

Fintech Fundings: 15 Companies Raise $60 Million Week Ending May 28

Fintech Labs Insights

MAY 28, 2015

And, like a fintech Noah’s Arc, everything was in pairs this week: Two companies out of Istanbul (TravelersBox, Iyzico). HQ: New York City. HQ: Huntington, New York. Fraud and compliance solutions for merchant acquirers. HQ: New Delhi, India. Two out of London (Kantox, Monese).

Company

Company Fintech New York City New York

37 Corporate Innovation Labs In Finance

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers.

Innovation

Innovation blockchain Technology Groups

Finovate: FICO Falcon X Detects Fraud, Financial Crime

FICO

SEPTEMBER 27, 2019

Streamlining fraud detection and anti-money laundering (AML) processes is essential in fighting financial crime faster and more effectively. We heard this message loud and clear at Finovate in New York City this week, as we have from banks and financial institutions worldwide. The Convergence of Fraud and Compliance.

Fraud

Fraud New York City Analytics Compliance

Themes & Takeaways From the 2022 Real-Time Payments & Fraud Management Summit

London B2B FinTechs Win Big As Market Preps For Disruption

Webinars

Trending Sources

Where is the Financial Services Industry in the digital transformation journey?

Webinars

Succeeding in the future of payments

Top News In Payments: Stripe Grows Presence In Europe; Apple Introduces Fall Lineup

Visa’s Plaid FinTech Play, RTP And BNPL Top This Week’s News

Real-Time Payments Fraud: Can Elephants Learn to Dance?

Investors Haven’t Forgotten About Alternative SMB Finance

Visa Q2 Earnings: X-Border, Digital Payment Growth Expected

Worldpay Transforms Merchant Onboarding with FICO Platform

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Fundings: 17 Companies Raise $4.8 Billion Week Ending April 22

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

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

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Fundings: 23 Companies Raise $530 Million Week Ending July 8

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Fundings: 30 Companies Raise $100 Million Week Ending Dec 11

Fintech Fundings: 15 Companies Raise $150 Million Week Ending August 31

Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

17 Of The Biggest Startup Frauds Of All Time

Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Rippleshot Earns Spot in SixThirty Accelerator’s Incoming Cohort

Klarna Goes Live with SAP’s Smart AFI

Socure Secures $2.5 Million in Debt Financing

Hoyos Labs Rebrands as Veridium, Launches New Biometric Authentication Solution

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

Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21

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

Fintech Fundings: 15 Companies Raise $60 Million Week Ending May 28

37 Corporate Innovation Labs In Finance

Finovate: FICO Falcon X Detects Fraud, Financial Crime

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