BankTech

Sony LIV Partners with Fortumo to Offer Easy Payment Solutions to its Users

Mumbai {Press Release}: Sony LIV, Multi Screen Media’s (MSM) premium digital video entertainment service has associated with the mobile payments company, Fortumo. Fortumo will now power payments for Sony LIV users. On account of this association, more than 580 million subscribers of Airtel, Vodafone, Idea and Aircel can access videos and movies on...

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Authentication & Security

Trulioo Raises $15m to Bring Its Identify Verification Platform to Global Banks

Vancouver, B.C. – [Press Release] - Trulioo, the leading provider of global identity verification for the online payments industry, has raised $15 million in an equity financing with participation by American Express Ventures and existing investors BDC Capital, Blumberg Capital and Tenfore Holdings. Trulioo was founded by serial entrepreneur Stephen...

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BankTech

Over 500 European Banks Register .Bank Domains to Reduce Cyber Crime

Internet Corporation for Assigned Names and Numbers, a nonprofit organization that has the responsibility of managing the domains and Web addresses across the Internet, has created a new domain name—.bank—to help fight off increasing cybercrime. This domain name is only available for verified banks, credit unions and other qualifying financial...

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Blockchain

Former SunGard and SWIFT Executives Join Blockchain Startup

Blockchain tech developer Digital Asset Holdings has named Cristóbal Conde, the former President and CEO of SunGard, and Chris Church, the former Chief Executive for the Americas and Global Head of Securities at SWIFT, to its board and management team. Conde joined the company as the Non-Executive Board Director while...

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BankTech

The Bancorp Inc. Is Looking For a New CEO

Today The Bancorp Inc. Board of Directors has named John C. Chrystal, a member of the board, as Interim CEO of the company and President of The Bancorp Bank. Previous CEO and President Frank M. Mastrangelo has resigned from his position, but will continue to leverage his expertise in financial...

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Payments

The Lines That Divide FinTech Segments Are Blurring

The financial services industry is in a flux right now; nobody has a clear-cut five-year strategy. I love this state of constant chaos and disruption as it will make us stronger as an industry in the long run. It will test the companies to the core and will jettison the...

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Lending

National Funding On Pace For Record-Breaking Year

Alternative lender announces 67% revenue jump and additional $75M lending facility SAN DIEGO, Dec. 9, 2015 [ Press Release] - National Funding, one of the largest private lenders of small business loans, today announced that it is forecasting a record-breaking year in revenue, funding, employee count and office growth. The company also...

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