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Bleckwen raises $10 million to detect payment fraud with AI
Bleckwen, a startup developing fraud detection and prevention systems for banks, today emerged from stealth with $10 million in funding.
A New Bitcoin Exchange On the Colombian-Venezuelan Border Will Help Refugees
Refugees can use a new POS to purchase goods, food, and services when they leave Venezuela.
Millions of Venmo transactions scraped in warning over privacy settings
A computer science student has scraped seven million Venmo transactions to prove that users’ public activity can still be easily obtained, a year after a privacy researcher downloaded hundreds of
The Budding U.S. Cannabis Industry Needs Normal Access to Business Banking and Insurance
Systemic barriers to basic banking and insurance services are muffling the cannabis boom much more than is generally realized.
Card readers at electric vehicle charging stations will weaken security, researchers say
Electric vehicle charging stations could become one of the next big targets for fraudsters — thanks to proposals in several state that researchers say would weaken their security. Most electric
AI security startup Darktrace’s CEO defeats buzzword bingo with trust and transparency
It takes a lot of trust to allow a company to come in and install a mystery box on their network to monitor for threats. It’s like inviting in a security guard to sit in your living room to make sure
How much free NYC subway rides will cost Mastercard
The credit card company is paying for New Yorker's subway trips if they use a Mastercard to tap into the system.
Step raises $22.5M led by Stripe to build no-fee banking services for teens
The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up that have completely removed the need to make visits to physical branches to open
Synapse raises $33 million to build APIs for financial services
Synapse, a San Francisco-based startup developing APIs and products that help customers build consumer-facing financial services, has raised $33 million.
The Stanford connections behind Latin America’s multibillion-dollar startup renaissance
The houses along the tree-lined blocks of Josina Avenue in Palo Alto, with their big back yards, swimming pools and driveways are about as far removed from the snarls of traffic, sputtering diesel
‘Weirdo’ Fintech VC Anthemis marches to its own drummer
Entering into the world of Anthemis is a bit like stepping into the frame of a Wes Anderson film. Eclectic, offbeat people situated in colorful interiors? Check. A muse in the form of a renowned
Fintech and clean tech? An odd couple or a perfect marriage?
The Valley’s rocky history with clean tech investing has been well-documented. Startups focused on non-emitting generation resources were once lauded as the next big cash cow, but the sector’s hype
Enterprise cybersecurity startup BlueVoyant raises $82.5M at a $430M+ valuation
The pace of malicious hacks and security breaches is showing no signs of slowing down, and spend among enterprises to guard against that is set to reach $124 billion this year. That’s also having a
Easy Transfer processes billions of dollars in tuition for overseas Chinese students
For a founder building a consumer-facing business, overseas Chinese students might just be one of the most coveted targets: they’re young, well educated and have access to the ‘bank’ of mom and dad.
Northwestern Mutual has carved out $150 million for another fintech and insurance investment fund
Northwestern Mutual is setting aside $150 million for a second venture fund. “We’re committed to transforming the client experience to drive change within the financial services industry,” said
These startups are locating in SF and Africa to win in global fintech
To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper
In 10 years, Indians will be more than twice as rich as the British
By 2028, the total private wealth held by Indians will be around $23 trillion.
OpenFin raises $17 million for its OS for finance
OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo, with participation from
YouTrip, a challenger bank in Southeast Asia, raises $25.5M for expansion
Singapore-based startup YouTrip thinks consumers of Southeast Asia deserve a taste of the challenger bank revolution happening in the U.S. and Europe, and it has raised $25.5 million in new funding to
Women need to get over their fear and shame around money, says a financial adviser
“It’s just like regular literacy—it’s so important we understand it or we get taken advantage of."