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We caught up with Uri Rivner, co-founder and Chief Cyber Officer of BioCatch, a leading cybersecurity firm that provides behavior-based authentication and threat detection solutions to banks, e-commerce platforms, as well as mobile and web applications. We wanted to learn how the company, founded in 2011 and headquartered in Israel and New York, has fared Read more…
A newly announced partnership between ThetaRay and Banco Santander will enable correspondent banks to better defend themselves against cybercrime. Specifically, Banco Santander will use ThetaRay’s anti-money laundering technology to detect activity in SWIFT traffic, risk indicators, and KYC data that may be indicative of money laundering. Banco already has begun deploying ThetaRay’s anomaly detection solution Read more…
As a company, the only thing better than a customer that loves your services and solutions is a customer that wants a piece of the action as well. That’s the happy situation digital banking solution provider Meniga finds itself in; the multiple-time Finovate Best of Show winner has just secured a $9.4 million (€ 8.5 Read more…
Sunayna Tuteja of TD Ameritrade discusses the not-so-secret secret sauce to getting innovation right.
We are in unprecedented times for customer experience and member engagement, what can financial services to do stay afloat?
In a world of shrinking valuations and declining VC funding, payments company Marqeta is bucking the norm. The California-based company announced today it raised $150 million. Marqeta has also boosted its valuation to $4.3 billion, more than double the $1.9 billion valuation it earned a little over a year ago. Today’s funding comes from a Read more…
If you’re trying to launch a successful global currency, getting the brand name right is key. That must be what Facebook was thinking this week when it changed the name of the digital wallet for Libra, its new global cryptocurrency payment project. The new name of the wallet, Novi, was rebranded from Calibra. While Facebook Read more…
Cloud banking platform provider NYMBUS, which demonstrated its SmartLaunch banking-as-a-service solution at FinovateFall last year, has partnered with Pacific National Bank (PNB) to help the Florida-based company launch a digital-only bank, FACILE. “We knew we had to act fast to meet the rising consumer demand for digital banking services,” Pacific National Bank CEO Carlos Fernandez-Guzman Read more…
China is dominating geopolitical headlines – from the country’s unique challenge with COVID-19 to tensions with Hong Kong and the United States as Chinese leaders gather for the country’s annual National People’s Congress. But fintech observers would do well to consider developments in China’s neighbor to the southwest, India, whose fintech sector continues to challenge Read more…
With the coronavirus keeping drivers off the road, there has been a lot of discussion surrounding auto insurance. In fact, many providers have recognized the decreased daily mileage (and the increased need for cash) during this time, and responded by offering rebates and credits to consumers in return. Because of this, the pay-by-mile insurance model Read more…
San Francisco, California-based company GoodData, which demoed its Insights-Platform-as-a-Service technology at FinovateFall, has forged a strategic partnership with Visa. The collaboration includes an investment in the global analytics company (terms not disclosed) and is designed to enable Visa to offer its customers and partners better access to aggregated data and analytics. GoodData founder and CEO Read more…
Retail commerce company Shopify unveiled a slew of announcements this week, one of which caught our eye. The Canada-based fintech joined forces with cryptocurrency payments processor CoinPayments to enable merchants to use crypto payments processing. When Spotify merchants opt to add CoinPayments to their point of sale, they will be able to accept 1,800 cryptocurrencies. Read more…