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Posts Tagged ‘banking’

Goodbye Libra, hello Facebook Pay

A new proprietary online payment system for WhatsApp, Instagram, and Facebook launches today, exactly two weeks after all the payment companies dropped out of Libra.

The evil ******** at Facebook, to whom we're now supposed to refer as FACEBOOK, today unveiled Facebook Pay, which is not all caps, and which will work on Facebook, Facebook ...

Friend of alleged Capital One hacker believes she ‘had no malicious intent’

07.31.2019 · Posted in Technology Articles

The hacker, named Paige Thompson, is alleged of stealing the information of over 100 million American customers. The hacks occurred in March and were found in July.Read more here. Read more...More about Tech, Mashable Video, Cybersecurity, Banking, a... ...

Chase customers have ONE MONTH left to opt out of binding arbitration

Ten years ago, Chase was forced to withdraw the binding arbitration clauses in its credit card agreements as part of a settlement in a class-action suit (the company was accused of conspiring with other banks to force all credit-card customers to accept binding arbitration) (one of the things binding arbitration does is deprive you of ...

Plaid puts Quovo acquisition right to work with new investments product

When Plaid acquired Quovo earlier this year, it was clear the company wanted to move beyond checking and savings data to a broader view of investments. Today, the company announced Investments, an API based on Quovo, that enables customers to pull in investment data into their apps. Lowell Putnam, head of partnerships at Plaid and ...

Slack reportedly prices IPO at $26 per share

Slack’s public debut is happening Thursday on the NYSE and the company has set a reference price of $26 per share for its direct listing, according to WSJ, which would value the company at around $15.7 billion. The company’s stock is expected to pop at open, according to the WSJ’s sources. Slack is pursuing a direct ...

Most US mobile banking apps have security and privacy flaws, researchers say

You might figure the biggest U.S. banks would have some of the most secure mobile apps. Spoiler alert: not so much. New findings from security firm Zimperium, shared exclusively with TechCrunch, say most of the top banking apps have security flaws that put user data at risk. The security firm, which has a commercial stake ...

Fintech platform Synapse raises $33M to build ‘the AWS of banking’

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion. The investment was led by Andreessen Horowitz with participation from existing backers Trinity Ventures and Core Innovation Capital . Synapse ...

‘******’ Fintech VC Anthemis marches to its own drummer

Entering into the world of Anthemis is a bit like stepping into the frame of a Wes Anderson film. Eclectic, offbeat people situated in colorful interiors? Check. A muse in the form of a renowned British-Venezuelan economist? Check. A design-forward media platform to provoke deep thought? Check. An annual summer retreat ensconced in the French ...

First American site bug exposed 885 million sensitive title insurance records

News just in from security reporter Brian Krebs: Fortune 500 real estate insurance giant First American exposed approximately 885 million sensitive records because of a bug in its website. Krebs reported that the company’s website was storing and leaking bank account numbers, statements, mortgage and tax records, and Social Security numbers and driving license images ...

Zero raises $20 million from NEA and others for a credit card that works like debit

Just ahead of the launch of the Apple Card, a startup that has its own take on modernizing the credit card industry, Zero, is announcing the close of its $20 million Series A. The new round of funding was led by New Enterprise Associates (NEA), and brings Zero’s total raised to date to $35 million, ...