Article Trunk



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 ...

‘******’ 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, ...

These startups are locating in SF and Africa to win in global fintech

To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded ventures that maintain headquarters in San Francisco and operations in Africa to tap the best of both worlds in VC, developers, clients, and the frontier ...

OpenFin raises $17 million for its OS for finance

OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo, with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Previous investors in OpenFin also include DRW Venture Capital, ...

Openfinance opens up US trading of third-party digital assets

Openfinance, the secondary market for trading digital alternative assets, announced it will be opening up trading of third-party digital securities to US Investors, making it the first trading platform to do so. The company already supported the trading of third-party digital securities (securities that have been migrated onto the blockchain that are now traded on ...

Europol, DOJ announce the takedown of the GozNym banking malware

Europol and the U.S. Justice Department, with help from six other countries, have disrupted and dismantled the GozNym malware, which they say stole more than $100 million from bank accounts since it first emerged. In a press conference in The Hague, prosecutors said 10 defendants in five countries are accused of using the malware to ...