January 26, 2023
PayPal Remains Money-Storing App to Beat for Banks
Money-storing apps are going mainstream, and although PayPal leads in consumer popularity, financial institutions (FIs) may have a major opportunity to leverage the trust they have earned and build loyalty...
January 26, 2023
Tenable to Invest Up to $25M in Early-Stage Cybersecurity Firms
Tenable will invest up to $25 million in startups that can help its cybersecurity efforts. Those ventures will be part of the company’s new corporate investment Tenable Ventures, the firm said...
January 26, 2023
Banks Use Receipt Data to Drive More Targeted Sales to...
Using data from receipts to personalize loyalty programs has great potential rewards for merchants, so long as they partner with financial firms ready for the task. Item-level receipt data provided...
January 26, 2023
75% of Businesses Know They Need Better Digital Fraud Tools
Automated fraud-fighting systems have proven successful, although data suggests that firms planning in-house solutions may encounter unexpected headaches. The B2B Payments Fraud Problem One of the toughest challenges for firms trying to avoid...
January 26, 2023
Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow
Hawk AI has raised $17 million to boost its fraud prevention and anti-money laundering efforts. The Munich company announced the Series B on Thursday (Jan. 26), saying the funds would help it...
January 26, 2023
FTX’s 116-Page Creditor List Includes Netflix and Apple
A newly released list of FTX’s creditors reveals the scope of the bankrupt cryptocurrency company’s collapse. The 116-page document, filed by the company late Wednesday (Jan. 25), shows that FTX...
January 26, 2023
27 Payments Execs on 2023’s Data-Driven Roadmap
It already feels different, and 2023 is just one month old. What can we expect? FinTechs and financial institutions are focused on financial wellness initiatives in 2023 to help beset...
January 25, 2023
Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
Smaller banks that sought to serve once-hot sectors like cryptocurrency are now exiting those verticals. This, as long-time crypto industry partner Silvergate Bank reports steep quarterly losses tied to $8.1...
January 25, 2023
Inscribe Raises $25M to Expand Fraud Detection Capabilities
Inscribe has raised $25 million to expand its fraud detection capabilities and introduce risk intelligence tools. The new Series B capital brings the firm’s total amount raised to $38 million,...
