Investments

Investments
AI Startup Cognitive Scale Gets USAA Backing
June 14, 2017

The USAA (United Services Automobile Assn.) has invested in artificial intelligence startup CognitiveScale for an undisclosed sum, bizjournals.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Investments
Bancor Raises $147M In Coin Offering
June 14, 2017

The Bancor token was able to raise around $147 million earlier this week via an initial coin offering, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Generational Difference Driving Innovations In Investments
June 14, 2017

It’s no surprise that generational difference will create problems in a household, but it’s also leading to innovations. That’s according to the 2017 U.S. Trust Insights on Wealth and Worth survey that was released Tuesday (June 13) and shows baby boomers and older investors rely...

Fintech Investments
Hong Kong SFC, ASIC In Australia Sign Agreement To Collaborate On FinTech
June 14, 2017

The Hong Kong Securities and Futures Commission (SFC) and ASIC in Australia announced Tuesday (June 13) that they signed a cooperation agreement that provides a framework to support and understand financial innovation in each economy. Get the Full Story Complete the form to unlock this...

Investments
Payments Stocks, Including Green Dot And Planet Payment, Make Mixed Moves
June 13, 2017

Entering the last few weeks of the second quarter, payments stocks made a mixed showing last week, with everything from earnings to partnerships to, well, little news impacting stock movements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
New Venture Capital Round For Interior Design Site Houzz Will Put Its Value At About...
June 12, 2017

Houzz, the popular photo site used by homeowners to plan renovations, is finalizing a new funding venture capital round of $400 million that will value the home décor and interior design startup at about $4 billion. Get the Full Story Complete the form to unlock this...

Investments
Addepar Raises $140M In VC Funding For Expansion
June 09, 2017

Addepar, the provider of data collection and monitoring services for the financial industry, has reportedly raised $140 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fintech Investments
Financial Services Innovation/Inertia Tug of War
June 09, 2017

As traditional financial services firms find themselves challenged by FinTech and other upstarts, the choice, when it comes to products, services and even culture, is to change or steer the course. But, as John Epperson, principal at Crowe Horwath LLP, and Jason Henrichs, MD at...

Investments
Indonesia In Billionaire Investor Tim Draper’s Crosshairs
June 08, 2017

Where might investment riches lie in Asia? One billionaire investor, Tim Draper, sees promise in Indonesia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...