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Judge Lets XRP Lawsuit Proceed Against Ripple

PYMNTS

Ripple failed to persuade a judge in Oakland, California to dismiss the entire lawsuit, called Zakinov v. Hamilton left a complaint by investors in place, which alleged that Ripple had been selling unregistered securities. Securities and Exchange Commission hadn’t taken a position on whether XRP is a security on Wednesday.

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Today In Payments: Marqeta Preps For IPO, Had $4.3B Valuation In May; Punjab National Bank Faces Third Major Fraud

PYMNTS

Oakland, California-based issuer processor Marqeta, which is backed by Goldman Sachs, is preparing for an initial public offering (IPO) and seeking out investment banks for advice. Punjab National Bank Faces Third Major Fraud In As Many Years. A Digital ID Fix To Closing The Telehealth Security And Patient Confidence Gap.

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CDFIs Kick Off PPP Loan Submissions

Abrigo

Keller, President and Chief Executive Officer of Community Bank of the Bay, a Community Development Financial Institution serving the San Francisco Bay area from its base in Oakland, Calif. “The application came out Friday and we worked on it all through the weekend along with our partners at Abrigo, and we’re ready.

Lending 195
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Helping Merchants Chalk Up X-Border Commerce Wins

PYMNTS

Signs of the Golden State Warriors’ recent success are far from contained within the NBA team’s hometown of Oakland. To securely meet international demand, Gameday Merchandising relies on cross-border solutions to process global transactions while still adhering to rules surrounding fraud, risk, tax and legal compliance. .

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

Fintech Labs Insights

Fraud detection for ecommerece & financial services. HQ: Oakland, California. Tags: Enterprise, security, insurance, ecommerce, fraud protection. Source: Finovate. Shift Technology. Latest round: $10 million Series A. Total raised: $11.8 HQ: Paris, France. Source: Crunchbase. Latest round: $9 million.

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

Fintech Labs Insights

Two Finovate alums raised fresh capital: Emailage raised another $5 million for its email-based fraud prevention solutions. HQ: Oakland, California. HQ: Oakland, California. Alt-lender using high-end luxery items for security. Fraud protection for financial institutions. Total dollars raised YTD is $8.8 Alt-lender.

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The Nerd Oscars: 24 Best Data Science Moments in Movies

FICO

In the film, volatility levels in mortgage-backed securities are exceeding historical levels. The film is thoroughly entertaining, and does an excellent job explaining financial instruments such as subprime mortgages, collateralized debt obligations, credit default swaps, credit ratings, and both asset- and mortgage backed securities.

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