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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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SEC Probing First American Financial’s Data Breach

PYMNTS

Included in the exposed data are bank account numbers, statements, tax and mortgage records, receipts for wire transfers, personal social security numbers and pictures of drivers’ licenses. For its part, First American has been trying to downplay how bad the exposure has been, calling the breach a “ design defect ” of its online site.

Data 116
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FAFC Data Breach Exposed 885M Financial Records

PYMNTS

Included in the exposed data are bank account numbers, statements, tax and mortgage records, receipts for wire transfers, personal social security numbers and pictures of drivers’ licenses. For its part, First American has been trying to downplay how bad the exposure has been, calling the breach a “ design defect ” of its online site.

Data 109
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Avalara, Signifyd Bring Sales Tax, Fraud Solutions to Magento E-commerce Marketplace

Fintech Labs Insights

FinDEVr alum and long-time Magento partner, Avalara announced that its sales-tax calculation solution, Compliance Cloud, will be a part of Magento 2.0 In addition, customers will get access to Avalara’s tax prep, filing and remittance services. ” Seattle-based Avalara has spent the first quarter of 2016 lining up partners.

Taxes 12
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11 Lessons From Startup Chapter 11s

CB Insights

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business. Declared Bankruptcy: 2018.

Apple 78
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242 Startup Failure Post-Mortems

CB Insights

Doorman says it will no longer accept incoming shipments after September 29th and that those who use their Doorman address for online shipments should update their information. “We Raptr, the online optimization platform founded by former pro gamer Dennis “Thresh” Fong a decade ago, is about to be shuttered. Product: Raptr.

Company 78