On Finovate.com

• “Ripple Labs Makes Waves: Raises $4 Million, Rebrands as Ripple, Launches Interledger”

• “CardFlight Scores $4 Million in Series A Funding”

Around the web

• MasterCard unveils Identity Check, a suite of solutions that includes biometric and SMS-based, one-time passwords to improve security for online consumers.

• KPMG introduces KPMG Fintech 100 to recognize the world’s most disruptive and fast-emerging innovation companies in financial services. Nominations end 31 October 2015.

• Santander invests in Ripple as startup expands services.

• ThreatMetrix to scale global data center capacity to 200 million+ daily transactions.

• Nymi recruits CEO John Haggard; Karl Martin will now serve as CTO.

• Emida acquires giftcard-platform specialist Quippi Corporation for an undisclosed amount.

• Kristo Kaarmann, co-founder of TransferWise, confirms via Twitter that former Citigroup CEO Vikram Pandit participated in the company’s $58 million funding round this year.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.