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SEC Probing First American Financial’s Data Breach

PYMNTS

Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. KrebsOnSecurity reported the breach in May.

Data 116
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FAFC Data Breach Exposed 885M Financial Records

PYMNTS

Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. KrebsOnSecurity reported the breach in May.

Data 109
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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. Bravo to CEO Brian Vance, President Jeff Deuel and team for a watershed expansion into the hot Seattle market with a bank whose commercial skills can complement those of its acquirer. Biggest Branch ITM User Award : The Security Guard. Executioner’s Tax (Swing of the Ax) – Power Trip.

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

CB Insights

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions.

Online 98
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11 Lessons From Startup Chapter 11s

CB Insights

In May 2018, Munchery ceased all operations in Los Angeles, New York, and Seattle, three of the company’s most valuable markets, leaving only its San Francisco business operational. Founded by Jane Park in Seattle in 2007, beauty brand Julep quickly grew from a scrappy startup to a major omnichannel retail operation.

Apple 78
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The Future Of Housing: From Home Building To City Planning, Tech Giants & Startups Are Reimagining Where & How We Live

CB Insights

We can use mobile apps and voice commands to control our lighting, temperature, and home security. Faced with these challenges, cities are using a combination of regulations and incentives to try to address the housing shortage, but few look likely to fully solve these issues. Technology companies have infiltrated the home.

Seattle 56
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242 Startup Failure Post-Mortems

CB Insights

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. Product: ChaCha.

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