Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud

On the heels of Jumio announcing a $150 million injection this week to continue building out its AI-based ID verification and anti-money laundering platform, another startup in the space is levelling up. Feedzai, which provides banks, others in the financial sector, and any company managing payments online with AI tools to spot and fight fraud […] Continue reading Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud

Stop Fraud, Not Customers: 3 Reasons I Joined RSA

RSA Fraud and Risk Intelligence CMO Armen Najarian recently joined the business unit to help spearhead a new phase of investment and growth. In this blog he explains his rationale for making a move to RSA. Among his reasons are the rapid growth in paym… Continue reading Stop Fraud, Not Customers: 3 Reasons I Joined RSA

A crypto company’s journey to Data 3.0

Having worked at tech companies like LinkedIn and eBay, I’ve observed firsthand the evolution from Data 1.0 to Data 3.0. In Data 1.0, data is seen as a reactive function providing ad-hoc manual services or firefighting in urgent situations. Continue reading A crypto company’s journey to Data 3.0

Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more

Some time ago, I gave up on the idea of identifying a thread that could connect each story in this weekly roundup. There are no unified theories for technology news. Continue reading Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more

PayCargo raises $35M from Insight for its cloud-based platform targeting the freight industry

Shipping has long been one of the more antiquated, and least technological, segments in the world of commerce, with its physical aspects — rooted in massive cargo tankers, giant fleets of aircraft and trucks, and trains of linked-up containers — underscoring some of the more obvious analogue attributes of the business. That has also made […] Continue reading PayCargo raises $35M from Insight for its cloud-based platform targeting the freight industry

12 Paris-based VCs look at the state of their city

Four years after the Great Recession, France’s newly elected socialist president François Hollande raised taxes and increased regulations on founder-led startups. The subsequent flight of entrepreneurs to places like London and Silicon Valley portrayed France as a tough place to launch a company. By 2016, France’s national statistics bureau estimated that about three million native-born […] Continue reading 12 Paris-based VCs look at the state of their city

Stripe adds card issuing, localized card networks and expanded approvals tool

At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes. Alongside that, it’s going […] Continue reading Stripe adds card issuing, localized card networks and expanded approvals tool

Tech giants should let startups defer cloud payments

Google, Amazon, and Microsoft are the landlords. Amidst the Coronavirus economic crisis, startups need a break from paying rent. They’re in a cash crunch. Revenue has stopped flowing in, capital markets like venture debt are hesitant, and startups and small-to-medium sized businessesf are at risk of either having to lay off huge numbers of employees […] Continue reading Tech giants should let startups defer cloud payments

Rippling starts billboard battle with Gusto

Remember when Zenefits imploded, and kicked out CEO Parker Conrad. Well, Conrad launched a new employee onboarding startup called Rippling, and now he’s going after another HR company called Gusto with a new billboard, “Outgrowing Gusto? Presto change-o.” The problem is, Gusto got it taken down by issuing a cease & desist order to Rippling […] Continue reading Rippling starts billboard battle with Gusto