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161

Will words and gestures replace plastic cards and cash?

The man who invented an early form of text messaging for fixed line networks while working at BT believes that in the future people will use words and gestures to pay for transactions, ditching payment cards altogether. (more…)

Global trends, Hotnews, Security

June 15, 2017

225

Trulioo Launches ID Document Verification With Facial Comparison Technology

By LTP

rulioo and Mitek join forces to offer a comprehensive global identity verification solution for fraud prevention and AML/KYC compliance (more…)

Fintech news, Global trends, RegTech, Security

May 16, 2017

244

Credit Karma now helps users find unclaimed cash

by  for Techcrunch.com

Since being founded a decade ago, Credit Karma has worked to help users better understand their credit scores and improve their financial health. Today the company is launching a new product that helps find unclaimed money they might not even have known was owed to them. (more…)

Deals, Fintech news, Hotnews, RegTech, Security

May 15, 2017

313

Rabobank and Signicat launch Digital Identity Service Provider

Rabobank and Signicat are entering the Dutch identity market together by providing digital services to businesses, supporting them in servicing their clients. (more…)

Banks, Fintech news, Hotnews, Security

May 15, 2017

170

BNP Paribas Fortis adheres to PSD2now with The Glue

By The Glue

Today, The Glue, a leading provider of next generation infrastructure solutions for financial institutions, launches PSD2now, designed to support the Payment Services Directive 2 (PSD2). (more…)

Banks, RegTech, Security

May 9, 2017

178

Biometric Mobile Payments Set To Explode In 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. (more…)

Bots, Global trends, Hotnews, Mobile payments/banking, Security

May 9, 2017

204

MarketInvoice joins UK FinTech Financial Crime Exchange

MarketInvoice, the world’s largest peer-to-peer online invoice finance marketplace, has joined the UK FinTech Financial Crime Exchange (FFE), a joint initiative by think tank RUSI and risk consultancy FINTRAIL, launched today. (more…)

Analytics, Fintech news, Global trends, Security

May 4, 2017

204

Goldman Sachs Celebrates First Retail Year and Its Online Deposit Platform

By PYMNTS

After a full year in service, Goldman Sachs Bank USA is celebrating its first full year in retail and its online deposit platform’s success. (more…)

Banks, Global trends, p2p-payments, Security

May 2, 2017

178

Odeabank’s mobile security challenge

Turkey’s Odeabank achieved all-round security for its mobile banking apps by using Vasco’s Digipass for Apps software development kit. (more…)

Banks, Security

May 1, 2017

372

Digital Identity for the Digital Ecosystem

By LTP Identity garners a lot of attention, particularly in financial services. LTP continues to follow identity trends around the world, ask questions, and help you keep a pulse on what’s happening. We’re very excited to be knowledge partners of the K(NO)W Identity Conference and hope to see you in Washington DC on May 15th. (more…)

Hotnews, InspirAsia, Security

April 12, 2017

185

UK financial fraud data for 2016 published

By Financial Fraud Action

Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show. (more…)

Government activities, Security

March 30, 2017

221

YC alumnus Smyte raises $4 million to counter online attacks

By  for Venture Beat

Smythe, which provides software to stop scams, fraudulent activities, and compromised accounts from disrupting the web, has secured an additional $4 million in funding. (more…)

Deals, InspirAsia, Security

March 28, 2017

615

Banks and Tech Firms Battle Over Something Akin to Gold: Your Data

By Nathaniel Popper for CNBC,

The big banks and Silicon Valley are waging an escalating battle over your personal financial data, including the amount you spent on dinner last week and how much you are paying for your mortgage. (more…)

Banks, Hotnews, Security

March 24, 2017

Cybersecurity Focused VC Firm Trident Capital Cybersecurity Closes First Fund, at $300M

By FinSMEs

San Mateo, CA-based cybersecurity focused venture capital firm Trident Capital Cybersecurity (TCC) closed its first fund, at $300m. (more…)

Deals, Security

February 9, 2017

331

How fintech could (one day) solve problem underlying Trump travel ban

By Penny Crosman for American Banker

The Trump administration’s temporary ban on travelers from certain countries is a dramatic illustration of a longstanding, global problem with no simple solutions, one that financial institutions tackle every day: verifying identities.

(more…)

Blockchain, Government activities, RegTech, Security

February 1, 2017

424

How this blockchain startup plans to tackle restrictions on your e-books and music

By  for TechInAsia

Imagine buying a book from a bookstore and bringing it home. You scribble notes in the margins as you read, and dog-ear the pages you love. You lend it freely to friends. It is yours. (more…)

Blockchain, Deals, Fintech news, Security, Taiwan

January 29, 2017

1324

Singapore’s FinTech Industry Is on the Way to Global Leadership

By Elena Mesropyan for LTP

“Singapore has established an enviable position as a leading Asian financial technology center with an exciting innovation ecosystem, a great talent pool and fantastic infrastructure. It also boasts a business-friendly environment so it was therefore an obvious winner when considering locations for new headquarters for our global operations,” said, Yoshio Tomiie, Head of Commerce at Senjō Group, a privately held investment firm, at the unveiling of the company’s new global HQ in Singapore. (more…)

AI / Machine Learning / Big Data, Blockchain, Crowdfunding/investing, Cryptocurrencies, Financial Markets / Trading, Fintech news, Hotnews, Insurance, Mobile payments/banking, p2p/online lending, Payment processors/providers/gateways, RegTech, Remittances, Security, Singapore

January 26, 2017

438

Monero, the Drug Dealer’s Cryptocurrency of Choice, Is on Fire

By  for Wired

FOR THE CRYPTOCURRENCY community, 2016 was a very good year. Bitcoin doubled in price. The far-out Bitcoin alternative Ethereum shot up by a factor of 10. But another, once-obscure cryptocurrency called Monero outpaced all of them, multiplying its value around 27-fold. (more…)

About, Cryptocurrencies, Fintech news, Security

January 25, 2017

687

Are the Capabilities of Smart Contracts Overblown?

By Milos Dunjic for LTP

Smart contracts are discrete computer program units, which are deployed inside blockchain network nodes. Once they are ready for deployment, the one-way hash value of the code is calculated and digitally signed. (more…)

About, Blockchain, Security

January 25, 2017

523

Chinese fintech startup Wecash makes foray into Indonesia through joint venture

By Kevin McSpadden for e27

The goal is to be a go-to place for SME loans as Indonesia’s middle class continues to boom. (more…)

China, Credit scoring, Fintech news, Indonesia, p2p/online lending, Security

January 23, 2017

408

Blackstone’s Jay Leek joins Florida VC firm to manage $300 million security fund

By  for Venturebeat

Rumors have been spreading lately about where Jay Leek, former managing director and chief information security officer (CISO) at Blackstone, will be heading next. His pick? ClearSky, an under-the-radar venture capital firm based in Palm Beach, Florida, where he will be managing a $300 million fund dedicated to cybersecurity. (more…)

Fintech news, People of fintech, Security

January 22, 2017

460

Myanmar’s CB Bank to double size of ATM network

By Finextra

Co-Operative Bank Limited (CB Bank) in Myanmar has awarded Diebold Nixdorf an extensive contract for systems, software and services to expand its self-service cash offerings beyond the country’s main commercial hub Yangon.  (more…)

Banks, Fintech news, Myanmar, Security

January 20, 2017

389

Online Payment Security Startup Fraugster Raises $5M

By FinSMEs

Fraugster, a provider of an Artificial Intelligence (AI) technology solution to eliminate payment fraud, raised $5m in funding.  (more…)

AI / Machine Learning / Big Data, Deals, Fintech news, Security

January 17, 2017

325

Could Regulators perform AML in a Blockchain World?

By Hari Subramanian for Finextra

Before you say “that is a crazy idea”, stop and think. It sounded crazy to me as well but after some thinking I have concluded that it has merits. Here’s why.  (more…)

Analytics, Blockchain, Government activities, Security

January 14, 2017

562

Hottest FinTech Trends for 2017

By YapStone for LTP

When the media talks about FinTech, more often than not, the leading headline is a bold statement, like “the FinTech revolution,” or “the big bank disruption,” and it’s easy to see why. Dubbed by the Economist as a “magical combination of geeks in T-shirts and venture capital,” the growth and influence of FinTech have been rapid. (more…)

AI / Machine Learning / Big Data, eWallets, Fintech news, Global trends, Mobile payments/banking, Security

January 14, 2017

351

The Journey to Invisible Authentication

By Elena Mesropyan for LTP

There is little to no doubt that passwords are on their way out of use and relevance with more advanced solutions taking over the market. But no matter what comes next, the most advanced solutions that are increasingly gaining attention and traction are making one major change in ensuring cybersecurity – they introduce invisible, non-interrupting methods of continuous authentication. (more…)

About, Global trends, Security

January 11, 2017

593

FinTech Story: Hits and Misses From 2013 to 2016 and the Way Forward

By Amit for LTP

We have watched 35+ FinTech segments through the ups and downs every single day in the last 3.5 years at LTP. We developed a lot of listening tools and an army of analysts to catch everything in FinTech like a radar. Somebody told us that we have one of the biggest team of FinTech market analysts and that could very well be true. In 2016, we developed MEDICI from the data that we collect, and that contains 6000+ FinTech startup profiles and research across segments. It’s my pleasure to share what we learned about FinTech shift by analyzing some of the data and also talking to hundreds of entrepreneurs and FIs in-person in the last couple of years.  (more…)

China, Cryptocurrencies, India, Mobile payments/banking, RegTech, Security

January 10, 2017

566

489

SpareBank 1 adds risk-based authentication to Nets 3D Secure programme

By Finextra

The SpareBank 1 Alliance has expanded its cooperation with Nets on 3D Secure to include Risk-Based Authentication (RBA). This solution enables quicker and easier online shopping for SpareBank 1’s personal customers without compromising on security.  (more…)

Banks, Fintech news, Security

January 9, 2017

472

Insurers tap cyber security ratings to limit liabilities

By  for Financial Times

New breed of start-ups aims to assess strength of companies’ defences against hackers. (more…)

Insurance, news, Security

January 8, 2017