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New Cloud-Based Card-Issuing System Aims To Standardize Payments Security

PYMNTS

Entrust , an identities, payments and data protection firm based in Minneapolis, on Monday (Oct. 19) announced that its Sigma Instant Desktop Issuance product will set “the standard for simple, secure and smart instant-ID solutions across enterprise, healthcare, government, higher education and financial institutions (FIs)."

Security 245
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Payments Fraud Rides Money Mules Into 2019

PYMNTS

It’s no surprise that payments fraud is on the rise. Juniper Research , for example, has estimated that retailers will lose as much as $130 billion in card-not-present (CNP) fraud through 2023 — as tech gets more complex and transactions are done across borders. Then again, the fraud may be a bit more low-tech and on-site.

Fraud 158
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. Lien rights management. Digital rights management platform on the blockchain. HQ: Minneapolis, Minnesota. Cachet Financial Solutions raised $500,000 for its remote deposit platform. Alt-lender to students. Source: Crunchbase.

Company 12
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Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities

PYMNTS

Formerly known as the Remittance Coalition, the Federal Reserve Bank of Minneapolis’ Business Payments Coalition is relying on corporate collaboration to promote the adoption of electronic B2B payments. The corporate and financial services communities in the U.S. understand that paper checks are slow, expensive and risky, and yet they endure.

Payments 102
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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

Corporate purchasing management. Fortress Risk Management. Enterprise risk management services for financial institutions. Using the blockchain for managing records. Risk & compliance management for financial institutions. Credit risk management tools for small businesses. HQ: Minneapolis, Minnesota.

Company 12
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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

Digital wealth management platform. Employee expense reporting management. Mobile payments & personal financial management. HQ: Minneapolis, Minnesota. Tags: Institutions, investing, security, fraud, traders, stocks, artificial intelligence. Building tracking stocks for professional athletes. Qauntifeed.

Fintech 12
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Signed deal with Vision FCU to provide its money management app. Partnered with fellow Finovate alum NCR to launch new money management platform. Powered Homeownership Preservation Foundation’s digital money management app. Entrust Datacard ( FD15 ).