News

FDIC In The Data Breach Hot Seat
May 13, 2016

Following a slew of recent data breaches, the U.S main banking regulator is in the hot seat about how notifications following the breaches were handled. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fintech Investments
Indian SMB Online Lending Platform Raises $25M
May 13, 2016

Capital Float, an India-based FinTech startup aimed at helping SMBs gain access to loans, announced on Thursday (May 12) that it closed a $25 million Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
SWIFT CEO Says It’s Not Responsible For Hacks
May 13, 2016

In light of the events surrounding the $81 million Bangladesh central bank heist, SWIFT has stepped forward to clarify that it does not hold any liability for fraudulent transactions originating from cyberattacks on its customers’ networks. Get the Full Story Complete the form to unlock this...

Security & Fraud
Chip Shield’s $20 Online Fraud Solution
May 13, 2016

A new personal chip card reader will soon hit the market with the goal of protecting consumers while shopping and banking online and ultimately preventing online fraud — at an introductory price of just $20. Get the Full Story Complete the form to unlock this...

Security & Fraud
ECB To Set Up Cyberattack Warning Database
May 13, 2016

The European Central Bank (ECB) said on Thursday (May 12) that it is setting up a database that will be used to register and track cybercrime occurrences at commercial banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Alternative Finances
Green Dot Money Enters Online Lending Business
May 13, 2016

Green Dot said on Thursday (May 12) that it is launching Green Dot Money, which it has billed as an online marketplace that will match low- and moderate-income consumers with what it called “a curated set of lending partners” that specialize in those consumer segments. Get the...

Investments
Apple Drops $1 Billion Into Ridesharing In China
May 13, 2016

Apple announced the somewhat surprising move this morning of a $1 billion investment into Didi Chuxing — a ridesharing service that acts as one of Uber’s main rivals in China. Apple CEO Tim Cook says the move was undertaken in an attempt to learn more...

SMEs’ First 24/7 Lending Platform?
May 13, 2016

While the alternative lending space in the U.S. may be in a bit of trouble, the industry saw a massive rise — both at home and abroad — thanks to the allure of faster financing for SME borrowers. Get the Full Story Complete the form...

B2B Payments
B2B FinTech’s Unlikely Investment Winner
May 13, 2016

With nearly $120 million raised for enterprise-serving startups, B2B venture capital saw one of its most successful weeks this year. It was also one of the most diverse. Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few)...