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Facebook Negotiates Sandberg DC Hearing Testimony

PYMNTS

The social media company had announced earlier this year that it was aiming to create a new cryptocurrency using bitcoin-like technology. Richard Blumenthal of Connecticut, said after the dinner that he had brought up the “repeated failures” of the firm in election security as well as consumer privacy. And, another legislator, Sen.

DC 109
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College Pays Off Hackers With $28K In Bitcoin

PYMNTS

In consultation with district and college leadership, outside cybersecurity experts and law enforcement, a payment of $28,000 was made by the district. In 2016, some 19 academic institutions disclosed data security breaches. Francisco C. Rodriguez, the district’s chancellor, said in a statement on Jan.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. Its platform provides proprietary cyber-risk analysis technology to corporate customers. Back-Office.

US 116
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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. What is unique is, after reviewing the management team and board, there are people of Korean, Malaysian, Indian, and Chinese descent in leadership positions.

Capital 78
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Software Procurement Plays Favorites With B2B Investors

PYMNTS

Operating a B2B eCommerce platform for software procurement, G2 Crowd has secured $55 million in Series C funding from IVP, Emergence Capital, Accel and Pritzker Group Venture Capital, according to Demand Gen Report this week. Mission Secure. The company targets the energy, defense and transportation industries with its technology.

Software 190
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The Thinker

Independent Banker

Yet his steady leadership is paired with a willingness to challenge the status quo cautiously to keep up with an evolving marketplace—a quality that appealed to the bank’s board when it promoted him from loan officer to bank president 25 years ago. Adding a mobile banking channel has been the bank’s most recent technology venture.

Ohio 70
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

The problem was that Theranos’ proprietary blood-testing technology was completely fictitious. Holmes’ claims about Theranos’ blood-testing technology weren’t just exaggerations or selective interpretations of clinical research data; they were quite literally impossible. The Outcome. The Outcome.

Fraud 78