How FinTechs can Avoid Data Spills from the Cloud

This recent story on TechRadar illustrates precisely the problem of data security and risk governance faced by enterprises today in the vastness of their accelerated digital transformation. Clearly, the data in question is regulated under a variet… Continue reading How FinTechs can Avoid Data Spills from the Cloud

The Open Banking API Security Imperative

The second Payment Services Directive (PSD2) in Europe, which requires banks to open their payment services to third parties via a series of APIs, has enabled a range of new FinTech products that make it easier for consumers and businesses to manage th… Continue reading The Open Banking API Security Imperative

Hack of Payday Lender ‘Dave’: All 7.5M Users Breached

Hackers breached fintech app Dave.com a few weeks ago, leaking personal information of all of its users.
The post Hack of Payday Lender ‘Dave’: All 7.5M Users Breached appeared first on Security Boulevard.
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UK’s ANNA raises $21M for its SMB-focused business account and tax app

Small and medium businesses and sole-traders account for the vast majority of businesses globally, 99.9% of all enterprises in the UK alone. And while the existence millions of separate companies, with their individual demands, speaks of a fragmented market, together they still represent a lot of opportunity. Today, a UK fintech startup looking to capitalise […] Continue reading UK’s ANNA raises $21M for its SMB-focused business account and tax app

The Future of Preventing Digital Fraud and Improving the Customer Experience

Organizations should prepare for a new normal that includes greater proliferation of digital channels and more digital fraud risk. See what steps a business should take now to mitigate future challenges.
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SMB loans platform Kabbage to furlough a ‘significant’ number of staff, close office in Bangalore

Another tech unicorn is feeling the pinch of doing business during the coronavirus pandemic. Today, Kabbage, the Softbank-backed lending startup that uses machine learning to provide speedy and more accurate evaluations of loan applications for small and medium businesses, is furloughing a “significant number” of its US team of 500 employees, according to a memo […] Continue reading SMB loans platform Kabbage to furlough a ‘significant’ number of staff, close office in Bangalore

Financial tech firms disagree on ban of customer data screen-scraping

They use it to offer things like budgeting apps. It puts passwords and privacy at risk, but some say they can’t afford to build APIs instead. Continue reading Financial tech firms disagree on ban of customer data screen-scraping

Visa’s Plaid acquisition shows a shifting financial services landscape

When Visa bought Plaid this week for $5.3 billion, a figure that was twice its private valuation, it was a clear signal that traditional financial services companies are looking for ways to modernize their approach to business. With Plaid, Visa picks up a modern set of developer APIs that work behind the scenes to facilitate […] Continue reading Visa’s Plaid acquisition shows a shifting financial services landscape

Secure Your Digital Transformation

Digital transformation (DX) is on the mind, IT budget sheet, and board meeting agenda for the majority of enterprise-level organizations. The term digital transformation is becoming ubiquitous, but its definition can be ambiguous. Within the context of… Continue reading Secure Your Digital Transformation