Category: banking

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March 20, 2019

Movius raises $45M for its business communications service

Atlanta-based Movius, a company that allows companies to assign a separate business number for voice calls and texting to any phone, today announced that it has raised a $45 million Series D round led by JPMorgan Chase, with participation from existing investors PointGuard Ventures, New...


by Frederic Lardinois in banking
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February 6, 2019

Many popular iPhone apps secretly record your screen without asking

Many major companies, like Air Canada, Hollister and Expedia, are recording every tap and swipe you make on their iPhone apps. In most cases you won’t even realize it. And they don’t need to ask for permission. You can assume that most apps are collecting data...


by Zack Whittaker in analyst
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February 4, 2019

Chat app Line injects $182M into its mobile payment business

Japanese messaging app company Line is pumping 20 billion JPY ($182 million) into its mobile payment business as it tries to turn things around following a challenging year in 2018. The company announced the infusion into Line Pay, a subsidiary that it fully owns, in...


by Jon Russell in Asia
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January 31, 2019

Step targets teens and parents with a no-fees mobile bank account and Visa card

A new mobile banking startup called Step wants to help bring teenagers and other young adults into the cashless era. Today, cash is used less often, as more consumers shop online and send money to one another through payment apps like Venmo. But teenagers in...


by Sarah Perez in Apps
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January 30, 2019

India’s largest bank SBI leaked account data on millions of customers

India’s largest bank has secured an unprotected server that allowed anyone to access financial information on millions of its customers, like bank balances and recent transactions. The server, hosted in a regional Mumbai-based datacenter, stored two months of data from SBI Quick, a text message...


by Zack Whittaker in Asia