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Barclaycard, making its FinDEVr New York debut in March, has figured out a way to make high-end jewelry pay. The card issuer announced a deal with fashion jewelry maker, DCK Group and another with technology innovator, Tappy Technologies, that will bring contactless payment functionality to the watches and other accessories sold at U.K.’s fashionable retailers Read more…
With the assistance of an $800,000 grant from the U.S. Department of Homeland Security, Canadian authentication innovator, SecureKey will develop a digital identity network using blockchain technology. SecureKey will work with the Digital ID and Authentication Council of Canada (DIACC) to build the network. Calling the funding “essential” in making a national digital identity ecosystem Read more…
Phone-based fraud prevention company Pindrop Security received a major endorsement yesterday. The Atlanta-based company announced this week that it has received an investment from John Chambers, Executive Chairman at Cisco. The exact amount is undisclosed, but Chambers stated, “for me it’s sizable.” This marks the company’s fifth round of funding and brings its total raised Read more…
Automated VAT recovery solution VATBox landed $20 million in funding today. The round was led by Target Global Fund. Existing investor Viola Private Capital, as well as other private investors, also participated. Combined with the company’s first round, this brings VATBox’s total funding to $50 million since it was founded in 2012. Today’s round will Read more…
Tickets for upcoming FinDEVr London and FinDEVr New York are at their lowest prices now. Register for FinDEVr New York now and save! On FinDEVr.com Payoneer Launches Cross-Border, Mass Payment APIs. FinDEVr Feature — Modelshop Speak to 400+ Fintech Developers this June — Apply for FinDEVr London. FinDEVr Feature — Riverbed Alumni updates FinDEVr veteran Read more…
If peer-to-peer lending isn’t hip enough to pique your interest, how does bitcoin lending sound? That’s exactly what Germany-based Bitbond is doing that earned them $1.2 million in investor funding today. This boosted the online SME lender’s total funding to $2.3 million. The round was led by mobilike founder Şekip Can Gökalp. Other contributors include Read more…
Here’s more proof that regtech is coming of age– Switzerland-based Qumram closed on $1.5 million in funding today. This brings the company’s total funding to $6.2 million. Today’s funds come from Madrid-based Mundi Ventures, a technology-focused VC firm that also operates in Barcelona, London, and Seattle. In addition to the funding, Mundi will provide due Read more…
FinDEVr New York is just over one month away. Visit our registration page today and save your spot as our developer’s conference returns to New York City, March 21 & 22, for two days of APIs, SDKs, case studies, coding examples, and more. On FinDEVr.com FinDEVr is Both Lion and Lamb. Braintree Hires John MacIlwaine Read more…
It takes more than just one crystal ball to discern which trends will drive fintech innovation in 2017. To this end, here’s a roundup of predictions and prognostications on what the new year will bring in everything from artificial intelligence and the blockchain to payments and banking for the underbanked. Banking ‘Disappears’ and Other Fintech Read more…
Information technology company Wipro announced today it has agreed to acquire Brazil-based InfoSERVER for $8.7 million. In the press release, India-based Wipro noted that it sees Brazil as a strategic “growth and investment region.” Today’s deal marks the company’s 11th acquisition. Wipro expects that IT services provider InfoSERVER will help it “[expand] its presence in Read more…
Today’s investment in WorkFusion is a reminder that AI is one of the hottest trends in fintech. With AI already proving to be one of the hottest trends in fintech this year, the news of today’s investment is not surprising. The AI automation company announced today it raised $35 million in a round led by Read more…
In the midst of all the attention over Ripple’s work helping banks make cross-border money transfers less expensive and more efficient, Ripple has released the first of its quarterly XRP Market Reports. The reports are designed to “improve the health of XRP markets globally” according to a statement and will feature “sales, commentary on price Read more…