The modern credit card’s history stretches back to just after World War II, when the Charg-It card came out of Brooklyn, tied to a single bank. Account holders could use the cards at a few local merchants, and the bank paid the merchants and billed the cardholders....
Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity use cases, the companies said in a Tuesday (May 14) press release. “Across Africa, the...
Decentralized identity startup Humanity Protocol said it is now a $1 billion company. The firm announced the private valuation in a Wednesday (May 15) blog post as it revealed the completion of a $30 million seed round. The company said the funding will help it challenge Sam Altman’s Worldcoin and accelerate hiring and...
As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not. Case in point: As CEO Rodger Desai told Karen Webster in an interview, at Prove, there’s a running joke...
May 15, 2024
As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not. Case in point: As CEO Rodger Desai told Karen Webster in an interview, at Prove, there’s a running joke inside the firm in which he keeps score on how […]
April 23, 2024
To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions that are operating within security-critical...
April 09, 2024
When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate...
April 02, 2024
The fallout from the massive data breach at AT&T — where information tied to 73 million current and former account holders was leaked — has yet to be felt. And...
May 16, 2024
Online notarization firm Proof has launched a partnership with digital identity verification provider Socure. The collaboration, announced Thursday (May 16), is aimed at preventing fraud in consumer agreements and forms, which the companies call a $200 trillion market opportunity. “Industries are fighting an ever-increasing risk of fraud across their entire customer lifecycle,” the companies said in a news release, citing […]
May 15, 2024
Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized...
May 15, 2024
Decentralized identity startup Humanity Protocol said it is now a $1 billion company. The firm announced the private valuation in a Wednesday (May 15) blog post as it revealed the completion of a $30...
April 16, 2024
Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce enablement, identity verification and identity...
