January 13, 2023
TeamApt Rebrands as Moniepoint; Opens London Office
TeamApt Inc. has become Moniepoint Inc., rebranding to reflect the name of its flagship digital banking product. In a press release announcing the rebranding on Friday (Jan. 13), the Nigerian FinTech company...
January 13, 2023
Biometric Authentication Can Help Merchants Reduce Fraud, but It’s Not...
Facial biometrics, bolstered by other advanced ID technology, may help merchants fight fraud with fewer recognition errors. As fraud continues to rise in 2023, merchants spend billions combatting scams, hacks...
January 13, 2023
FTX Venture Backers Look to Deflect Crypto Diligence Scrutiny
Blue chip investors’ relations with LPs and regulators have been strained by the FTX fiasco. They are now trying to save face and promising to do better next time around....
January 12, 2023
Butter Raises $22M to Help Subscription Merchants Combat Accidental Churn
FinTech Butter Payments has raised $22 million in Series A funding to fight accidental churn. Accidental churn — in which payments are falsely declined in an effort to stem fraud...
January 12, 2023
DOJ Investigating Saber Stablecoin Exchange Founders
The Department of Justice is reportedly investigating the founders of Solana stablecoin exchange Saber Labs. The investigation targets brothers Ian and Dylan Macalinao, CoinDesk reported Wednesday (Jan. 11), citing people familiar with...
January 12, 2023
American Express to Acquire Nipendo to Grow B2B Platform
American Express plans to buy Nipendo to help create an end-to-end B2B platform. The globally integrated payments company said in a Thursday (Jan. 12) press release that it has entered...
January 12, 2023
Report: DOJ Investigating Saber Stablecoin Exchange Founders
The Department of Justice is reportedly investigating the founders of Solana stablecoin exchange Saber Labs. The investigation targets brothers Ian and Dylan Macalinao, CoinDesk reported Wednesday (Jan. 11), citing people familiar with...
January 12, 2023
FTX Can Be Saved, Arrested Founder Blogs From Parents’ Home
While his colleagues admit their guilt, Sam Bankman-Fried is sticking to his “I’m innocent” script. This, as the disgraced founder and one-time CEO of the failed cryptocurrency exchange FTX takes...
January 12, 2023
Hack the Box Gets $55M to Fight Cybercrime
Hack the Box has gotten $55 million in its campaign to help businesses fight cybercrime. The U.K. company, which bills itself as a “gamified continuous cybersecurity upskilling, certification, and talent...