Category: Banking

FinTech or Financial technology has become a popular industry for helping to innovate financial transaction services and online security. It is a broad term that works around the business transformation to innovate the traditional financial services that are inefficient, antiquated,…

Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts…

IN 2014 SINGTEL, a Singaporean telecoms group, teamed up with Standard Chartered, an Asia-focused bank, to create Dash, a mobile-money unit it claimed would “revolutionise mobile commerce and banking”. But red tape meant it went nowhere fast. It refocused on…

Salv, an anti-money laundering (AML) startup founded by former TransferWise and Skype employees, has raised $2 million in seed funding. The round is led by Fly Ventures, alongside Passion Capital and Seedcamp. Angel investors also participating include N26 founder Maximilian…

Canadian Imperial Bank of Commerce’s strategy of being a little less Canadian is catching on, though that did little to help earnings last quarter. -CIBC’s $5 billion takeover of Chicago-based PrivateBancorp two years ago was the cornerstone of Chief Executive…

Dr. EVIL? Image: Getty Images By Rachel Kraus2019-12-05 17:42:10 UTC Sometimes life imitates cheesy, pulpy Cold War-era art. And when it does, it’s truly amazing. The U.S. Department of the Treasury has sanctioned and indicted members of a Russian cybercrime…

Here’s what you need to know about the week’s top stories.(Want to get this briefing by email? Here’s the sign-up.) Here are the week’s top stories, and a look ahead.ImageCredit…Samuel Corum for The New York Times1. The House of Representatives…

Paul Volcker, the former Federal Reserve chairman who in the early 1980s raised interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, died, according to his office. He was 92. Volcker took charge…

This week, we reported on TechCrunch how thousands of remote employees with health and workplace benefits through human resources giant TriNet received emails that looked like a near-perfect phishing attempt. One recipient was so skeptical, they shared the email with…