August 30, 2016
Singapore Reforms Laws For FinTech Push
Singapore is preparing for a FinTech revolution. The small nation is making a big push in support of FinTech innovation by reforming its payment laws. Singapore’s financial authority said it...
August 26, 2016
Backers Nearly Tip The $100M Mark For B2Bs
Close, but no cigar. It was a busy week for B2B startups, which came oh-so-close to hitting the $100 million mark in investment rounds. The week’s biggest winner landed in...
August 26, 2016
The $6T Hackerpocalypse May Be Upon Us
Six trillion dollars. Yes, you heard that right. That’s how much cybercrime is expected to cost the world annually by 2021 – a “hackerpocalypse” could be right around the corner....
August 25, 2016
Bitcoin’s Rollercoaster On Hiatus?
It has been a slow week for bitcoin news, and bitcoin price movements have been undramatic. Amid the hype in China, Forex Paradise has launched bitcoin debit cards. US Marshals...
August 25, 2016
Almost 20% Of Consumers Would Avoid A Retailer After A...
As the list of retailers and service providers breached by hackers seems to be ever-growing, it seems the organizations that suffer at the hands of data thieves have a related...
August 24, 2016
Android Security Flaw Exposes 1.4B Devices
A flaw that was previously discovered in the Android operating system’s Linux kernel is now believed to impact four in five devices, an estimated 1.4 billion Android devices. The vulnerability...
August 24, 2016
ID Experts Light Up Portland
Investor appetite for fintech start-ups has waned recently while concern for cybersecurity is growing. While PwC reports cybersecurity as the fourth greatest health issue in 2016, the KPMG Fintech reports...
August 23, 2016
Virtru Raises $29 Million In Round Of Venture Funding
Virtru, the email and file encryption application, announced on Monday (Aug. 22) it closed a round of venture capital funding. The Series A round of funding, which netted the startup...
August 22, 2016
ID Experts Nabs $27.5M To Step Up Fraud Protection
Cybersecurity software provider ID Experts announced late last week that it closed a $27.5 million round of equity funding. The firm, which specializes in delivering software and services for identity...
Digital bill pay, while routine for most consumers, poses challenges such as fraud, friction and limited payment options — particularly in the utilities sector, where consumer trust is low. This edition of the “Money Mobility Tracker®,” a collaboration with Ingo Payments, examines how billers and financial institutions can earn trust among consumers.
There’s no shame in asking for help. Eighty-two percent of merchants experienced a cyber or data breach in the last year, and PYMNTS Intelligence’s latest study of 300 eCommerce executives, “Fraud Management in Online Transactions,” a collaboration with Nuvei, details merchants’ thoughts about fraud prevention, finding that outsourced methods correlate with fewer failed payments.