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The Challenges Of Securing The Smart Cities Of Tomorrow

PYMNTS

The city’s entire system was left unusable by the incident, including its online payment systems used for paying property taxes. But, as recent news reports demonstrate, things are going online in cities in the not too distant future in the U.S. The Target Rich City .

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CFPB Looks To Regulate Overdrafts In 2017 – If It Still Can

PYMNTS

Some observers noted that revenue from overdraft fees now outpaces that from pawn shops, payday lenders and tax-refund anticipation cheques put together. “[Overdrafts] allow customers to spend money they don’t have — then punish them for it,” notes Josh Reich, co-founder and CEO of Simple, an online bank based in Portland, Oregon.

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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

Between massive tax revisions and the end of net neutrality, small businesses are expected to struggle in the coming year, creating an opportunity for financial institutions to step in and provide real value. In fact, 97 percent of online applications are abandoned by the customer, according to Forrester. Baker Hill. www.bakerhill.com.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

HQ: Portland, Oregon. Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Payments gateway for online marketplaces. Online investment manager. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Latest round: $18 million. Total raised: $35 million. PromisePay.

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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . HQ: Portland, Oregon. Online cash-back services for restaurants.

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

Fintech Labs Insights

HQ: Portland, Oregon. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Latest round: $3.5 million Series A. Total raised: $4.85 Source: Crunchbase. Compliance tools for digital interactions. Latest round: $2.5 Total raised: $2.5 HQ: Zurich, Switzerland. Source: FT Partners. Investing tools.

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